Financial Results Overview

The Audited Financial Results for the year ended 31st March 2026 show:

  • Net Loss after Tax: ₹8.95 lakh, significantly improved from ₹381.12 lakh loss in the previous year (FY25)
  • Revenue from Operations: ₹1,391.367 lakh for FY26 (₹1,693.054 lakh in FY25)
  • Total Income: ₹1,403.479 lakh for FY26 (₹1,708.503 lakh in FY25)
  • Earnings Per Share (Basic & Diluted): (₹0.10) for FY26 ((₹4.41) in FY25)

Quarterly Performance (Q4 FY26)

  • Net Profit after Tax: ₹140.62 lakh (compared to net loss of ₹76.83 lakh in Q4 FY25)
  • Revenue from Operations: ₹368.74 lakh (₹410.389 lakh in Q4 FY25)
  • Total Income: ₹373.618 lakh (₹415.477 lakh in Q4 FY25)
  • Earnings Per Share (Basic & Diluted): ₹1.63 ((₹0.89) in Q4 FY25)

Key Financial Metrics

  • Paid-up Equity Share Capital: ₹864.18 lakh (unchanged from previous year)
  • Reserves (excluding Revaluation Reserves): ₹8,385.41 lakh (₹8,376.59 lakh in FY25)
  • Total Assets: ₹10,727.49 lakh (₹11,838.03 lakh in FY25)
  • Total Equity: ₹9,249.59 lakh (₹9,240.77 lakh in FY25)

Dividend Declaration

The Board of Directors have not recommended any dividend for the Financial Year 2025-26.

Auditor Appointments

Statutory Auditors:

  • The Board proposed appointment of M/s CSR & Co., Chartered Accountants, Coimbatore (Firm Registration No. 014424S) as Statutory Auditors
  • Term: 5 consecutive years from 1.4.2026 to 31.3.2031
  • Subject to approval of members at the ensuing 11th Annual General Meeting
  • Replaces existing auditors M/s VKS Aiyer & Co. whose term ends at the conclusion of the 11th AGM

Cost Auditor:

  • Appointment of Sri M Nagarajan, Cost Accountant (Membership No. F-6384, Firm Regn. No. 102133)
  • For Financial Year 2026-2027
  • Approved on 27.5.2026

Internal Auditors:

  • Appointment of M/s B M & Associates, Chartered Accountants (Firm Regn. No. 015344S)
  • For Financial Year 2026-2027
  • Approved on 27.5.2026

Additional Notes

  • The company has only one business segment: Textile Business
  • The company does not have any subsidiary or associates/Joint Ventures
  • The impact of the four Labour Codes notified by the Government of India on November 21, 2025 has been assessed with no material incremental liability identified
  • The Board Meeting commenced at 3:00 PM and concluded at 4:00 PM on 27.5.2026

Cash Flow Statement Highlights (FY26)

  • Net cash from operating activities: ₹1,623.59 lakh (₹405.09 lakh in FY25)
  • Net cash used in investing activities: (₹130.80) lakh ((₹265.18) lakh in FY25)
  • Net cash used in financing activities: (₹1,028.11) lakh ((₹163.73) lakh in FY25)