SUBMITTED THE AUDITED FINANCIAL RESULTS OF THE COMPANY FOR THE YEAR ENDED 31ST MARCH 2026, STANDALONE AND CONSOLIDATED, APPROVED BY THE BOARD OF DIRECTORS AT THE MEETING HELD ON 28-05-2026 ....
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
The company reported revenue of Rs 8,022.75 lakhs for FY26, marginally up from Rs 7,964.03 lakhs in FY25. However, it recorded a net loss of Rs 549.14 lakhs, significantly worse than the previous year's loss of Rs 330.30 lakhs. EBITDA turned negative at Rs 47.74 lakhs due to rising raw material costs and finance costs of Rs 247.03 lakhs. Operating cash flow was negative at Rs 75.03 lakhs. Segmentally, the Engineering division saw revenue decline to Rs 1,692.27 lakhs while the Textile division grew to Rs 6,320.21 lakhs. The auditor issued an unmodified (clean) opinion with no qualifications.
The widening net loss and negative operating cashflow signal financial stress despite stable revenue. The heavy reliance on borrowings and current liabilities exceeding current assets raises liquidity concerns for shareholders.