Audited Standalone & Consolidated Financial Results for Quarter and Year Ended March 31, 2026

Sadhana Nitro Chem Ltd reported audited financial results for FY26. The company incurred a massive standalone loss of Rs 8,731 lakhs (PAT) compared to a profit of Rs 522 lakhs in FY25, driven by production constraints and liquidity challenges during the year. Revenue from operations declined to Rs 4,053 lakhs on standalone basis for FY25 to Rs 13,337 lakhs in FY26, though the consolidated revenue dropped significantly to Rs 4,967 lakhs from Rs 16,555 lakhs year-on-year. The auditors issued an Emphasis of Matter noting significant losses and raising doubts about the company's ability to continue as a going concern, though the audit opinion remained unmodified. The company completed a massive rights issue raising Rs 251.95 crores, which has been fully utilized. No dividend was declared for FY26. Operating cash flow was negative at Rs 3,067 lakhs, and finance costs nearly doubled to Rs 2,646 lakhs.