Results for the quarter ended March 31, 2026
Price
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Stovec Industries Ltd reported Q4 FY26 revenue of ₹466.90 million, down from ₹490.56 million in Q4 FY25 — a year-on-year decline of about 4.8%. Profit after tax fell to ₹16.63 million from ₹25.79 million in the same quarter last year, a drop of roughly 35%, though it recovered sharply from the paltry ₹1.64 million profit in Q3 FY26. The company's statutory auditor, Price Waterhouse Chartered Accountants LLP, issued a clean limited review report with no qualifications or emphasis of matter. The Textile Machinery and Consumables segment accounted for ₹441.60 million of revenue, while Graphics Consumables contributed ₹25.30 million. No related party transactions, auditor changes, or restatements were flagged.
The year-on-year revenue and profit decline is a concern for shareholders, though the strong sequential recovery from Q3 suggests the business may be stabilizing. A clean audit opinion is reassuring for governance-conscious investors.