SREELBSESreeleathers LtdHighNeutral
Announced Fri, 29 May · 21:56 IST

approved the Audited Financial Statements for the financial year ended March 31, 2026 and the Audited Financial Results for the quarter and year ended March 31, 2026

Pat Growth 25pctEbitda Margin ExpansionExceptional ItemResults View source PDF

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AI summary

Sreeleathers Limited reported strong FY2026 results with revenue from operations growing 12.4% to Rs. 24,840.43 lakh from Rs. 22,099.47 lakh in FY2025. Profit after tax jumped 27.3% to Rs. 2,874.27 lakh versus Rs. 2,257.13 lakh, with basic EPS rising to Rs. 12.41 from Rs. 9.75. The company recognised a small exceptional item of Rs. 5.94 lakh due to one-time gratuity liability increase from new labour code implementation. Operating cash flow remained healthy at Rs. 3,097.75 lakh. The Board recommended a final dividend of Re. 1 per equity share and appointed Mr. Bhaskar Chatterjee as an Additional Non-Executive Independent Director. Statutory auditors K.Rungta & Co issued an unmodified (clean) opinion on the financial results.

Likely market impact

The clean audit opinion and 27% PAT growth are positive signals for shareholders. The company shows improving profitability and cash generation, though revenue growth of 12% is moderate rather than exceptional.