Announced Thu, 4 Jun · 20:33 IST

Audited Result

Revenue Growth 20pctPat NegativeNegative Operating CashflowResults View source PDF

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

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AI summary

The company reported audited results for FY26, with consolidated net sales jumping sharply to Rs 3,224.86 lakhs from Rs 526.30 lakhs in FY25, driven by a Rs 19.16 crore rights issue completed in July 2025. However, profitability collapsed — consolidated PAT fell to Rs 21.17 lakhs from Rs 248.94 lakhs, while Q4 FY26 alone posted a loss of Rs 70.99 lakhs versus a profit of Rs 84.22 lakhs in Q4 FY25. Total expenses surged disproportionately, with purchase of stock-in-trade alone reaching Rs 3,377.29 lakhs versus Rs 367.62 lakhs in FY25. Operating cash flow turned deeply negative at Rs (1,434.02) lakhs on a consolidated basis. Auditor SSRV & Associates issued an unmodified opinion, and no deviation was reported in the use of rights issue proceeds.

Likely market impact

Shareholders should note a sharp divergence between strong top-line growth and weak bottom-line performance — the company scaled revenue but margins compressed significantly, and quarterly losses raise concerns about near-term profitability. Negative operating cash flow may pressure liquidity despite the recent rights issue funding.