Gratex Industries Limited held a Board of Directors meeting on Tuesday, 26th May 2026, which commenced at 01:30 p.m. and concluded at 04:40 p.m.

Financial Results Approval

The Board considered and approved the Standalone Audited Financial Statements for the quarter and year ended 31st March 2026. The financial results show:

Quarter Ended 31.03.2026 (Audited):

  • Revenue from operations: ₹127.10 lacs
  • Total Income: ₹127.10 lacs
  • Total Profit before tax: ₹6.40 lacs
  • Tax expense: ₹2.88 lacs
  • Net Profit for the period: ₹3.52 lacs
  • Basic EPS: ₹0.11

Year Ended 31.03.2026 (Audited):

  • Revenue from operations: ₹427.13 lacs
  • Other Income: ₹0.23 lacs
  • Total Income: ₹427.36 lacs
  • Total Profit before tax: ₹16.42 lacs
  • Tax expense: ₹5.40 lacs
  • Net Profit for the year: ₹11.02 lacs
  • Basic EPS: ₹0.36

Comparative Figures (Year Ended 31.03.2025):

  • Revenue from operations: ₹375.12 lacs
  • Other Income: ₹0.22 lacs
  • Total Income: ₹375.34 lacs
  • Total Profit before tax: ₹10.74 lacs
  • Tax expense: ₹3.60 lacs
  • Net Profit for the year: ₹7.14 lacs
  • Basic EPS: ₹0.24

Auditor Appointments

The Board approved the following appointments:

1. Secretarial Auditor: M/s JC & Associates, Practicing Company Secretary (Certificate of Practice No.: 12162) was appointed as Secretarial Auditor under Section 204 of the Companies Act, 2013 for FY 2026-27. The firm specializes in secretarial work, compliance under company law, stock exchange compliance, SEBI compliance, and various ROC-related approvals.

2. Internal Auditor: Mrs. Sujata Hodge was appointed as Internal Auditor for FY 2026-27 under Section 138 of the Companies Act, 2013. She holds a Master's degree in Commerce and has been serving as Internal Auditor at Gratex Industries Limited since 2019. She also works as an Assistant Accounts Manager at Marshalls Enterprise India Private Limited for the past seventeen years.

Audit Opinion

M/s. Harshal Doshi & Associates, Chartered Accountants (Firm Registration No.: 145606W), the Statutory Auditors, issued an Audit Report with unmodified opinion on the Standalone Audited Financial Results for the quarter and financial year ended 31st March, 2026.

Additional Information

The company is primarily engaged in the business of wallpaper & furnishing products with no separate reportable segments as per Ind AS 108. The financial results were prepared in accordance with the Companies (Indian Accounting Standards) Rules, 2015.

The Standalone Audited Financial Results can be accessed at the Company's website at www.gratex.in.

Declaration of Unmodified Opinion

In a separate declaration dated 26th May, 2026, Managing Director Karan Baldevkrishan Sharma (DIN: 00117188) confirmed that the Statutory Auditors issued an Audit Report with Unmodified opinion on the Annual Audited Financial Results for FY ended 31st March, 2026, in compliance with Regulation 33(3)(d) of SEBI LODR Regulations.