Result for 31.03.2026
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Piotex Industries reported revenue of ₹13,866 Lacs for FY2026, up 54% from ₹9,005 Lacs in FY2025. However, net profit dropped sharply to ₹88.54 Lacs from ₹449.36 Lacs in the prior year, an 80% decline. The auditors issued an unmodified (clean) opinion. An emphasis of matter was raised regarding an income tax demand of ₹5.06 crore for Assessment Year 2024-25, which the company is contesting before appellate authorities without making any provision. Operating cash flow turned positive at ₹987.57 Lacs compared to negative ₹710.86 Lacs in the previous year. Total assets decreased from ₹3,207 Lacs to ₹2,984 Lacs.
Strong revenue growth was offset by severe profit decline, indicating margin compression and cost escalation. The clean audit opinion provides some comfort, but the contested tax demand and 80% PAT drop signal operational challenges. The stock may face pressure if earnings quality concerns persist.