Fine-Line Circuits Limited held a Board of Directors meeting on May 29th, 2026, from 12:44 PM to 1:30 PM. The Board approved the audited financial statements for the year ended March 31, 2026, and the audited financial results for the quarter and year ended March 31, 2026.

The financial results were submitted pursuant to Regulation 33 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company's auditor, DKP & Associates, issued an unmodified opinion on the financial results.

Financial Performance (₹ in Lakhs)

Quarter Ended March 31, 2026 (Audited):

  • Revenue from Operations: 840.53
  • Other Income: 0.95
  • Total Income: 841.48
  • Total Expenses: 828.16
  • Profit Before Exceptional Items & Taxes: 13.31
  • Exceptional Items: (37.94)
  • Profit Before Taxes: (24.62)
  • Tax Expense: (1.09) [Deferred Tax]
  • Profit After Tax: (23.53)
  • Other Comprehensive Income: 27.63 [Re-measurement of defined benefits obligation]
  • Total Comprehensive Income: 4.10
  • Basic and Diluted EPS: (0.49)

Year Ended March 31, 2026 (Audited):

  • Revenue from Operations: 3,317.68
  • Other Income: 0.95
  • Total Income: 3,318.63
  • Total Expenses: 3,279.18
  • Profit Before Exceptional Items & Taxes: 39.45
  • Exceptional Items: (37.94)
  • Profit Before Taxes: 1.51
  • Tax Expense:
  • Current Tax: 0.71
  • Excess/Short Provision for Earlier Years: 0.58
  • Deferred Tax: (1.30)
  • Profit After Tax: 1.52
  • Other Comprehensive Income: 29.91 [Re-measurement of defined benefits obligation]
  • Total Comprehensive Income: 31.43
  • Basic and Diluted EPS: 0.03

Comparative Figures (Year Ended March 31, 2025):

  • Revenue from Operations: 3,036.96
  • Profit After Tax: 19.74
  • Basic and Diluted EPS: 0.41

Balance Sheet Highlights (as of March 31, 2026)

  • Paid-up Equity Share Capital: 482.65 (Face Value ₹10 each)
  • Other Equity: 430.83
  • Total Assets: 2,173.70
  • Current Assets: 1,691.82 (including Inventories: 481.88, Trade Receivables: 527.73)
  • Non-Current Liabilities: 267.53 (including Borrowings: 260.00)
  • Current Liabilities: 992.68 (including Borrowings: 486.72, Trade Payables: 457.65)

Cash Flow Statement (Year Ended March 31, 2026)

  • Cash from Operating Activities: 8.32
  • Cash from Investing Activities: (150.62) [Purchase of Property, Plant and Equipment]
  • Cash from Financing Activities: 166.59 [Term Loans taken]
  • Net Increase in Cash: 26.72
  • Cash and Cash Equivalents at Year-End: 75.27

Key Notes to Financial Results

1. Results prepared in accordance with Indian Accounting Standards (Ind AS).

2. The company has one reportable segment: Printed Circuit Boards production.

3. No subsidiary/associate/joint venture exists; no consolidated financial results.

4. The Government of India consolidated 29 labor legislations into four labor codes effective from November 21, 2025. Central Rules were notified on May 8, 2026, but State rules are pending. This resulted in a one-time increase in provision for employee benefits of ₹37.94 Lakhs, recognized as exceptional items for past services up to March 31, 2026.

5. Previous period figures have been re-grouped/re-arranged/recast where necessary.

Audit Details

The audit was conducted by DKP & Associates (Firm Registration No. 126305W). The auditor's report dated May 29, 2026, confirms the financial results give a true and fair view and comply with SEBI Listing Regulations.