Submission of Unaudited financial result of (Alstone Textiles (India) Ltd ) for the quarter & half year ended on September 30th, 2025 along with Limited Review Report thereon.
Awaiting price reaction for this filing.
Alstone Textiles filed its Q2 FY26 and H1 FY26 (April–September 2025) unaudited results, reviewed by statutory auditor VRSK & Associates. Total income for Q2 FY26 stood at ₹222.14 lakhs versus just ₹14.50 lakhs in Q2 FY25, and H1 FY26 income reached ₹399.73 lakhs versus ₹293.25 lakhs in H1 FY25 — a roughly 36% jump. Profit after tax for H1 FY26 came in at ₹325.73 lakhs (vs ₹258.35 lakhs in H1 FY25), again up around 26%. However, the auditor's limited review report explicitly carries an 'Emphasis of Matter' paragraph. The balance sheet shows the company is effectively a financial/investment entity, with non-current loans of ₹1,69,751 lakhs, current investments of ₹37,593 lakhs, and current borrowings of ₹1,42,200 lakhs dwarfing equity of ₹65,916 lakhs. Net cash from operating activities was negative at ₹(84.06) lakhs in H1 FY26.
Top-line and profit growth look strong on paper, but the negative operating cash flow, very high debt-to-equity (over 2x), and the auditor's emphasis-of-matter note are red flags that shareholders should weigh carefully before reading the headline numbers as purely positive.