We Enclosed herewith a copy of audited financial results for the quarter and year ended march 2026.
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 6.8 pts less than Nifty Microcap 250 and 6.8 pts less than its Other Textile Products peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
Minute windows have no benchmark: there is no intraday index history to compare against.
Sri Nachammai Cotton Mills reported a revenue decline to Rs 6,452.91 Lakhs from Rs 6,917.34 Lakhs in the prior year, marking a ~6.7% drop in operating revenue. The company posted a net loss of Rs 382.34 Lakhs compared to a loss of Rs 322.99 Lakhs in FY25, with loss before tax worsening to Rs 693.54 Lakhs from Rs 402.91 Lakhs. A one-time exceptional income of Rs 658.88 Lakhs was recognised due to modification of preference share liability terms (extension of Rs 15 crore redemption by 7 years), which was accounted as income under Ind AS 109. Statutory auditors issued an unmodified opinion confirming clean audit. The company noted poor yarn demand and is operating only one unit for three shifts. Power and fuel costs dropped significantly to Rs 455.40 Lakhs from Rs 740.60 Lakhs due to a 4 MW solar plant commissioned in FY25.
The company continues to face operational losses with negative PAT, though the exceptional income item artificially inflated profits this year. Without this one-time gain, the underlying loss would have been significantly worse. The unmodified audit opinion provides some comfort, but the declining revenue and persistent losses remain concerning for investors.