We wish to inform you that the Board of Directors of the Company at its meeting held on 26th May, 2026, inter alia, has: 1. Approved Standalone audited financial results of the Company ....
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Pasupati Spinning & Weaving Mills Ltd reported standalone audited financial results for FY2026 with Revenue from Operations of Rs. 9,934 Lacs (down 1.2% from Rs. 10,050 Lacs). Profit After Tax grew significantly to Rs. 222 Lacs from Rs. 88 Lacs in the prior year, representing a 152% increase, with EPS improving to Rs. 2.37 from Rs. 0.94. However, the Auditor issued a Qualified Opinion regarding Rs. 614.64 Lacs in additional land compensation claims—management will recognize this only when received. If recognized, adjusted PAT would be Rs. 829.2 Lacs with EPS of Rs. 8.95. The Board also appointed new Cost Auditor (Mr. Satnam Singh Saggu) and Internal Auditor (M/s Suresh Kumar Mittal & Company) for FY2026-27, and approved related party transactions for Q4. Outstanding qualified borrowings reduced from Rs. 9.99 Crores to Rs. 6.56 Crores.
Strong profit growth despite flat revenue is positive, but the Qualified Opinion on land compensation (Rs. 614.64 Lacs) creates uncertainty. Investors should monitor whether compensation is eventually received as this would significantly boost financials. The high debt-to-equity ratio and sub-investment grade credit rating (IND BB-) remain risk factors.