Standalone Financial Results (Quarter Ended June 30, 2026)
- Revenue from operations: ₹35.103 crore
- Other income: ₹1.24 crore
- Total income: ₹35.227 crore
- Cost of materials consumed: ₹20.470 crore
- Changes in inventories: (₹1.058) crore
- Employee benefit expense: ₹2.661 crore
- Depreciation and amortization: ₹1.491 crore
- Other expenses: ₹9.886 crore
- Finance costs: ₹0.820 crore
- Total expenses: ₹34.270 crore
- Profit before tax: ₹9.57 crore
- Current tax: ₹1.55 crore
- Deferred tax: (₹0.65) crore
- Total tax expense: ₹0.90 crore
- Profit for the period: ₹8.67 crore
- Other comprehensive income: (₹0.02) crore
- Total comprehensive income: ₹8.65 crore
- Paid-up equity share capital: ₹58.73 crore (face value ₹10 each)
- Basic EPS: ₹1.48
- Diluted EPS: ₹1.47
Consolidated Financial Results (Quarter Ended June 30, 2026)
- Revenue from operations: ₹35.103 crore
- Other income: ₹1.24 crore
- Total income: ₹35.227 crore
- Cost of materials consumed: ₹20.470 crore
- Changes in inventories: (₹1.058) crore
- Employee benefit expense: ₹2.661 crore
- Depreciation and amortization: ₹1.491 crore
- Other expenses: ₹9.887 crore
- Finance costs: ₹0.820 crore
- Total expenses: ₹34.271 crore
- Profit before tax: ₹9.56 crore
- Current tax: ₹1.55 crore
- Deferred tax: (₹0.65) crore
- Total tax expense: ₹0.90 crore
- Profit for the period: ₹8.66 crore
- Other comprehensive income: (₹0.02) crore
- Total comprehensive income: ₹8.64 crore
- Paid-up equity share capital: ₹58.73 crore
- Basic EPS: ₹1.48
- Diluted EPS: ₹1.47
Key Notes and Disclosures
1. The financial results were prepared in accordance with Indian Accounting Standards (Ind AS) and Regulation 33 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
2. ESOP Allotment: Pursuant to the Employees Stock Options (AYMSOP 2021) Scheme, the company allotted 1,20,000 equity shares of ₹10 each to employees on June 18, 2026. This resulted in an increase in paid-up share capital by ₹12 lakhs and securities premium by ₹33.02 lakhs. These shares rank pari-passu with existing equity shares.
3. Merger Update: The Board approved a Scheme of Merger on February 6, 2025, for the merger of Mandawewala Enterprises Limited (Transferor Company) with AYM Syntex Limited (Transferee Company).
- Received 'no adverse observations' from BSE and NSE on August 29, 2025
- Filed Company Scheme Application with NCLT Mumbai Bench on November 20, 2025
- NCLT order dated April 6, 2026 directed convening meetings of shareholders and unsecured creditors
- Meetings held on May 25, 2026
- Completed service of notice to government/regulatory authorities and newspaper publication as per NCLT order dated June 25, 2026
- Matter listed for hearing with NCLT on August 27, 2026
4. Business Segment: The company is engaged only in the business of 'Synthetic Yarn' and has only one reportable segment under Ind AS 108.
5. Taxation: During Q1 FY27, the company exercised option under section 200 of Income Tax Act, 2025 (corresponding to section 115BAA of Income Tax Act, 1961) to compute income tax at 25.17% effective from current financial year. The company remeasured its deferred tax balances as at April 1, 2026 using revised tax rate and recognized a one-time deferred tax credit of ₹227.50 lakhs in Statement of Profit and Loss.
6. Subsidiary Information: Consolidated results include AYM Textiles Private Limited (Wholly Owned Subsidiary) which reported total revenue of ₹Nil, net loss after tax of ₹0.06 lakhs, and total comprehensive loss of ₹0.06 lakhs for quarter ended June 30, 2026.
7. Comparative Figures: Figures for quarter ended March 31, 2026 are balancing figures between audited full year figures and unaudited published year-to-date figures up to end of third quarter.