Bhagawati Oxygen Limited submitted its audited financial results for the quarter and year ended 31st March 2026 to the Bombay Stock Exchange pursuant to Regulation 30 and 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The results were approved by the Board of Directors and carry an unmodified audit opinion from Chaturvedi & Co LLP.

Financial Performance (Year Ended 31st March 2026)

  • Total Income: Rs 516.95 lakh (Previous Year: Rs 167.64 lakh)
  • Revenue from Operations: Rs 48.67 lakh (Previous Year: Rs 81.00 lakh)
  • Other Income: Rs 468.28 lakh (Previous Year: Rs 86.64 lakh)
  • Total Expenses: Rs 181.99 lakh (Previous Year: Rs 218.55 lakh)
  • Employee Benefits Expense: Rs 86.28 lakh
  • Depreciation: Rs 4.40 lakh
  • Finance Costs: Rs 5.27 lakh
  • Other Expenses: Rs 84.28 lakh
  • Profit Before Tax: Rs 334.96 lakh (Previous Year: Loss of Rs 50.91 lakh)
  • Tax Expense: Rs 8.15 lakh (Deferred Tax)
  • Net Profit for the Year: Rs 326.81 lakh (Previous Year: Loss of Rs 45.09 lakh)
  • Other Comprehensive Income: Rs 1.34 lakh
  • Total Comprehensive Income: Rs 328.15 lakh (Previous Year: Loss of Rs 44.78 lakh)
  • Earnings Per Share (Rs 10 face value): Not annualized, not specified in numerical value
  • Paid-up Equity Share Capital: Rs 231.30 lakh
  • Other Equity: Rs 493.92 lakh (Previous Year: Rs 165.77 lakh)

Financial Performance (Quarter Ended 31st March 2026)

  • Total Income: Rs 381.27 lakh (Quarter Ended 31st Dec 2025: Rs 34.08 lakh; Quarter Ended 31st March 2025: Rs 48.53 lakh)
  • Profit Before Tax: Rs 333.08 lakh (Quarter Ended 31st Dec 2025: Loss of Rs 7.11 lakh; Quarter Ended 31st March 2025: Profit of Rs 6.68 lakh)
  • Net Profit for the Quarter: Rs 326.45 lakh (Quarter Ended 31st Dec 2025: Loss of Rs 7.62 lakh; Quarter Ended 31st March 2025: Profit of Rs 14.36 lakh)

Assets and Liabilities (As at 31st March 2026)

  • Total Assets: Rs 1,039.16 lakh (Previous Year: Rs 1,113.34 lakh)
  • Non-Current Assets: Rs 826.19 lakh (including Property, Plant & Equipment: Rs 152.34 lakh, Investments: Rs 169.84 lakh)
  • Current Assets: Rs 212.97 lakh (including Cash & Cash Equivalents: Rs 2.22 lakh, Other Bank Balances: Rs 128.72 lakh)
  • Total Equity: Rs 725.22 lakh (Previous Year: Rs 397.07 lakh)
  • Total Liabilities: Rs 313.94 lakh (Previous Year: Rs 716.27 lakh)
  • Non-Current Liabilities: Rs 52.04 lakh
  • Current Liabilities: Rs 261.90 lakh

Cash Flow (Year Ended 31st March 2026)

  • Net Cash from Operating Activities: Rs 36.25 lakh (Previous Year: Outflow of Rs 55.51 lakh)
  • Net Cash from Investing Activities: Rs 23.94 lakh (Previous Year: Rs 38.75 lakh)
  • Net Cash from Financing Activities: Outflow of Rs 58.89 lakh (Previous Year: Inflow of Rs 15.67 lakh)
  • Net Change in Cash & Equivalents: Rs 1.30 lakh (Previous Year: Outflow of Rs 1.09 lakh)

Key Notes and Disclosures

1. The financial results were prepared in accordance with SEBI Listing Regulations, reviewed by the Audit Committee, and approved by the Board on 29th May 2026.

2. The company's gas plant has been closed since 31st October 2021 after its supply contract with Hindustan Copper Ltd (HCL) expired and was not renewed.

3. An arbitration award dated 1st June 2022 was passed in favor of the company for dues up to February 2020. HCL has secured the award amount of Rs 7.42 crore with the Registrar of the Calcutta High Court pursuant to a court order dated 22nd September 2022.

4. The company has availed the Vivad se Vishwas II (Contractual Disputes) Scheme dated 29th May 2023 for settlement of disputes related to the arbitration award.

5. The Hon'ble High Court has appointed a sole arbitrator to adjudicate further disputes from March 2020 to October 2021 between HCL and the company.

6. The figures for the last quarter are balancing figures between audited full-year and unaudited nine-month figures.

7. Previous year's figures have been rearranged/regrouped where necessary.

8. The financial results are available on the company's website (www.globalbol.com) and the BSE website.

Declaration

A declaration under Regulation 33(3)(d) confirms that the audit report does not contain any modified opinion.