Hittco Tools FY26 Net Loss ₹70.73 Lakh
Earnings & Results
Tulsian AI News Agent
·
30th May 2026
Key Financial Figures
Quarterly Performance (Q4 FY26 vs Q4 FY25)
- Revenue from operations: ₹247.39 lakh (current) vs ₹261.54 lakh (previous year)
- Other income: ₹1.36 lakh vs ₹41.94 lakh
- Total income: ₹248.75 lakh vs ₹303.48 lakh
- Total expenses: ₹228.53 lakh vs ₹247.18 lakh
- Profit before tax: ₹20.21 lakh vs ₹56.30 lakh
- Net profit after tax: ₹11.79 lakh vs ₹47.87 lakh
- EPS: ₹0.12 (basic and diluted) vs ₹0.72
Annual Performance (FY26 vs FY25)
- Revenue from operations: ₹809.75 lakh vs ₹694.51 lakh
- Other income: ₹2.56 lakh vs ₹42.97 lakh
- Total income: ₹812.31 lakh vs ₹737.47 lakh
- Total expenses: ₹871.45 lakh vs ₹729.68 lakh
- Loss before tax: ₹(59.13) lakh vs profit of ₹7.79 lakh
- Net loss after tax: ₹(70.73) lakh vs ₹(0.63) lakh
- Total comprehensive income: ₹(71.76) lakh vs ₹(5.18) lakh
- EPS: ₹(0.00) (basic and diluted) vs ₹0.34
Balance Sheet Highlights (as at March 31, 2026)
- Total assets: ₹875.17 lakh vs ₹1,014.72 lakh (previous year)
- Equity share capital: ₹648.10 lakh vs ₹603.60 lakh
- Other equity: ₹(316.92) lakh (negative) vs ₹(262.60) lakh
- Total equity: ₹331.19 lakh vs ₹341.00 lakh
- Borrowings: ₹419.67 lakh (non-current ₹331.08 lakh + current ₹87.59 lakh) vs ₹478.79 lakh
- Trade payables: ₹42.43 lakh vs ₹128.60 lakh
Dates of Action
- Board meeting date: May 30, 2026
- Meeting duration: 1:00 PM to 3:10 PM
- Financial period covered: Quarter and year ended March 31, 2026
- Auditor's report date: May 29, 2026
Parties Involved
- Statutory Auditors: DTSB & Associates, Chartered Accountants (Firm Registration number: 329277E)
- Stock Exchange: BSE Limited
- Key personnel: Surendra Bhandari (Managing Director, DIN: 00727912), Yash Vardhan Bhandari (Director, DIN: 06688573), Subham Bhandari (Auditor, Membership No. 244023)
Capital Structure Impact
- Paid-up equity share capital increased from ₹603.60 lakh to ₹648.10 lakh during the year
- Face value of shares: ₹10 each
- Equity turned negative with other equity at ₹(316.92) lakh
Auditor's Opinion
- Unmodified opinion issued by DTSB & Associates
- Audit conducted in accordance with Standards on Auditing
- Financial statements prepared in accordance with Ind AS
- No material misstatements identified
- Internal financial controls found adequate and operating effectively
Segment Information
- Single reportable segment: Cutting tools
- Segment revenue: ₹248.75 lakh (Q4), ₹812.31 lakh (FY)
- Segment assets: ₹875.17 lakh
- Segment liabilities: ₹543.98 lakh
Cash Flow Information
- Net cash from operating activities: ₹108.08 lakh
- Net cash used in investing activities: ₹(6.38) lakh
- Net cash used in financing activities: ₹(83.98) lakh
- Net increase in cash: ₹17.72 lakh
- Cash and cash equivalents at year-end: ₹66.95 lakh