Adarsh Plant Protect narrows FY26 loss, returns to Q4 profit
Adarsh Plant Protect Limited returned to profitability in Q4 FY26 with a net profit of ₹6.35 lakh, reversing a loss of ₹127.66 lakh in the same period last year. For the full year, the company reduced its net loss to ₹2.38 lakh from ₹116.02 lakh in FY25, despite a decline in annual revenue from operations to ₹1,203.73 lakh. The auditors issued an unmodified opinion but highlighted an unquantified impact from New Labour Codes.

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Adarsh Plant Protect Limited returned to profitability in the fourth quarter of FY26, posting a net profit of ₹6.35 lakh. This turnaround contrasts with the net loss of ₹127.66 lakh recorded in the corresponding quarter of the previous year. Revenue from operations for the quarter stood at ₹318.88 lakh, while total revenue was ₹319.09 lakh. The company’s board approved the audited financial results for the quarter and year ended March 31, 2026, at a meeting held on May 28, 2026.
For the full financial year ended March 31, 2026, the company narrowed its net loss to ₹2.38 lakh, a substantial improvement compared to the net loss of ₹116.02 lakh in FY25. Annual revenue from operations declined to ₹1,203.73 lakh from ₹1,749.70 lakh in the previous year. Total comprehensive income for the year was a negative ₹1.98 lakh, compared to a negative ₹115.58 lakh in the prior year.
The statutory auditors, Mukund & Rohit, Chartered Accountants, issued an audit report with an unmodified opinion on the standalone financial results. However, the auditors drew attention to an emphasis of matter regarding the applicability of the New Labour Codes, including the Code on Wages, 2019, and the Industrial Relations Code, 2020. The company stated it has not assessed or quantified the consequential impact of these codes, and consequently, no provision or liability has been recognised in the financial statements.
The company’s balance sheet as of March 31, 2026, showed total assets of ₹848.87 lakh, a decrease from ₹875.67 lakh in the previous year. Equity stood at ₹28.63 lakh, down from ₹30.60 lakh. Borrowings, including non-current and current liabilities, totaled ₹538.51 lakh. Cash and cash equivalents improved to ₹15.29 lakh as of March 31, 2026, from ₹10.10 lakh a year earlier.
Financial Performance Summary
| Metric | Q4 FY26 (₹ Lakhs) | Q4 FY25 (₹ Lakhs) | FY26 (₹ Lakhs) | FY25 (₹ Lakhs) |
|---|---|---|---|---|
| Revenue from Operations | 318.88 | 441.53 | 1,203.73 | 1,749.70 |
| Total Revenue | 319.09 | 442.20 | 1,207.26 | 1,750.64 |
| Total Expenses | 312.00 | 569.86 | 1,208.90 | 1,866.66 |
| Net Profit/(Loss) | 6.35 | (127.66) | (2.38) | (116.02) |
| Earnings Per Share (Basic) | 0.06 | -1.29 | -0.02 | -1.17 |
Historical Stock Returns for Adarsh Plant Protect
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +1.03% | +1.50% | -1.87% | +1.50% | +17.70% | +515.15% |
How will the implementation of the New Labour Codes impact the company's cost structure and profitability in the coming fiscal year?
What strategic initiatives will the company undertake to reverse the trend of declining annual revenue and drive growth?
Given the high level of borrowings relative to equity, does the company plan to reduce its debt burden to strengthen its balance sheet?































