Adeshwar Meditex revenue falls 33% in FY26; net profit down 39%
- Revenue from operations fell 33% YoY to ₹5,610.38 lakh in FY26
- Net profit after tax declined 39% to ₹126.49 lakh
- New statutory auditors appointed for five-year term starting FY26
- Trade payables dropped significantly to ₹482.54 lakh from ₹2,121.40 lakh
*this image is generated using AI for illustrative purposes only.
Adeshwar Meditex reported a significant contraction in financial performance for FY26, with revenue from operations falling 33% year-on-year to ₹5,610.38 lakh. Net profit after tax declined 39% to ₹126.49 lakh, reflecting broader operational headwinds in the medical consumables sector.
The company concluded its Board of Directors meeting on August 26, 2026, approving key governance changes including the appointment of M/s. Shankar Ramesh & Co. LLP as statutory auditors for five years (FY26-FY31). This replaces retiring auditor M/s. Rajesh H. Gupta & Co., who served during the period under review.
Financial Performance
Revenue from operations dropped from ₹8,371.31 lakh in FY25 to ₹5,610.38 lakh in FY26. Total expenses decreased proportionally to ₹5,437.57 lakh from ₹8,117.83 lakh in the previous year. Consequently, profit before tax fell to ₹183.19 lakh from ₹279.34 lakh.
| Metric | FY26 | FY25 | Change |
|---|---|---|---|
| Revenue from operations | ₹5,610.38 lakh | ₹8,371.31 lakh | -33% |
| Total Expenses | ₹5,437.57 lakh | ₹8,117.83 lakh | -33% |
| Profit Before Tax | ₹183.19 lakh | ₹279.34 lakh | -34% |
| Net Profit After Tax | ₹126.49 lakh | ₹206.57 lakh | -39% |
Earnings per share (basic) stood at ₹0.88, down from ₹1.43 in FY25. The company did not declare any dividend for the year, aiming to conserve resources for future growth.
Governance Changes
Ms. Bhagyalaxmi Kavital was appointed as an additional Non-Executive Independent Director effective May 21, 2026, subject to shareholder approval at the upcoming AGM. Her profile highlights experience in managerial finance functions and AI applications in accounts.
Mr. Prithvi Singh resigned as a Non-Executive Director effective August 26, 2026. Additionally, M/s. Basude Makote & Saini resigned as internal auditors, replaced by M/s. Saini & Makote for FY27.
AGM Logistics
The 19th Annual General Meeting is scheduled for Wednesday, September 23, 2026, at 12:30 pm. The register of members will remain closed from September 17, 2026, to September 23, 2026. Mr. Deep Shukla was appointed as scrutinizer for the e-voting process.
What the Numbers Show
The decline in revenue was accompanied by a sharper drop in other income, which fell to ₹10.39 lakh from ₹25.86 lakh in FY25. This suggests reduced non-operating gains contributed to the overall profit compression, alongside lower operational scale. Working capital management improved significantly, with trade payables dropping to ₹482.54 lakh from ₹2,121.40 lakh, indicating better supplier payment cycles or reduced procurement volumes.
Historical Stock Returns for Adeshwar Meditex
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +3.30% | +3.30% | 0.0% | 0.0% | 0.0% | 0.0% |
What specific strategic initiatives is Adeshwar Meditex planning to implement to reverse the 33% revenue decline and regain market share in the medical consumables sector?
How might the appointment of an independent director with expertise in AI applications influence the company's operational efficiency and financial forecasting accuracy in upcoming fiscal years?
Given the significant reduction in trade payables, does this indicate a deliberate shift in supplier negotiation strategies or a contraction in raw material procurement due to lower demand?
18
Create Custom Screeners 
Access 200+ Pre-built Filters 
Use 50+ Readymade Screener 
