Advance Petrochemicals FY26 net profit falls 90.3% to ₹2.93 crore

2 min read     Updated on 06 Jun 2026, 12:56 PM
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Advance Petrochemicals Limited reported a 90.3% decline in net profit to ₹2.93 crore for FY26, with revenue decreasing to ₹4,736.44 crore. The Board adopted the audited standalone financial results on May 23, 2026, which received an unmodified opinion from statutory auditors M/s Suresh R. Shah & Associates.

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Advance Petrochemicals Limited reported a 90.3% decline in net profit to ₹2.93 crore for the financial year ended March 31, 2026, down from ₹30.22 crore in the previous year. Revenue from operations for FY26 stood at ₹4,736.44 crore, a decrease from ₹4,993.54 crore in FY25. The company's Board of Directors adopted the audited standalone financial results for the quarter and year ended March 31, 2026, during a meeting held on May 23, 2026.

The statutory auditors, M/s Suresh R. Shah & Associates, issued an audit report with an unmodified opinion on the standalone financial results. The report confirms that the statement presents a true and fair view in conformity with applicable Indian accounting standards prescribed under Section 133 of the Companies Act, 2013. The results were reviewed by the Audit Committee and approved by the Board.

For the quarter ended March 31, 2026, the company reported a net profit of ₹25.14 crore, compared to ₹27.17 crore in the corresponding quarter of the previous year. Revenue from operations for the quarter was ₹1,574.20 crore, slightly higher than ₹1,515.98 crore in Q4FY25. Total expenses for the year increased to ₹4,726.41 crore from ₹4,987.00 crore in the prior year.

The company's earnings per share (EPS) for the year ended March 31, 2026, dropped to ₹0.33 from ₹3.36 in the previous year. For the quarter ended March 31, 2026, basic EPS stood at ₹2.79, compared to ₹3.02 in the same period last year. The paid-up equity share capital remained unchanged at ₹90 crore.

Financial Performance Summary

Metric FY26 (₹ in crore) FY25 (₹ in crore) Change
Revenue from Operations 4,736.44 4,993.54 Decrease
Net Profit 2.93 30.22 -90.3%
Total Expenses 4,726.41 4,987.00 Decrease
Basic EPS 0.33 3.36 Decrease

Balance Sheet Highlights

As of March 31, 2026, the company's total assets stood at ₹3,164.13 crore, up from ₹2,530.50 crore in the previous year. Total equity and liabilities increased to ₹3,164.13 crore from ₹2,530.50 crore. Current assets rose to ₹2,241.72 crore from ₹1,697.51 crore, driven by higher inventories and trade receivables.

The company's cash and cash equivalents at the end of FY26 were ₹74.25 crore, compared to ₹69.47 crore at the end of FY25. Net cash flow from operating activities for the year was ₹299.13 crore, while net cash used in investing and financing activities was ₹183.95 crore and ₹110.40 crore, respectively.

Historical Stock Returns for Advanced Petrochemicals

1 Day5 Days1 Month6 Months1 Year5 Years
0.0%0.0%-11.38%+42.47%+46.32%+612.37%

What strategic initiatives will Advance Petrochemicals implement to reverse the 90.3% decline in annual net profit?

How will the significant rise in inventories and trade receivables impact the company's working capital management in FY27?

Are there plans to utilize the positive operating cash flow to reduce debt or invest in capacity expansion?

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Advance Petrochemicals FY26 net profit falls to ₹2.93 lakh

2 min read     Updated on 25 May 2026, 02:13 PM
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Advance Petrochemicals reported a sharp decline in net profit to ₹2.93 lakh for FY26 from ₹30.22 lakh in the previous year, alongside a drop in total income to ₹4,745.34 lakh. For the quarter ended March 31, 2026, net profit fell to ₹25.14 lakh, while revenue from operations rose to ₹1,574.20 lakh. The auditors issued an unmodified opinion on the financial results.

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advanced petrochemicals announced its audited standalone financial results for the fiscal year ended March 31, 2026, following a board meeting on May 23, 2026. The company reported a net profit of ₹2.93 lakh for the full year, a substantial decline from the ₹30.22 lakh recorded in the previous fiscal year. This contraction in profitability occurred alongside a decrease in total income, which fell to ₹4,745.34 lakh from ₹5,034.51 lakh in FY25.

Financial Performance for FY26

The decline in annual performance was driven by lower revenue from operations, which stood at ₹4,736.44 lakh compared to ₹4,993.54 lakh in the prior year. Total expenses for the year amounted to ₹4,726.41 lakh, slightly lower than the ₹4,987.00 lakh reported in FY25. Despite the cost management, the profit before tax for the year dropped to ₹18.93 lakh from ₹47.51 lakh in the previous year. The company’s earnings per share (EPS) for the year decreased to ₹0.33 from ₹3.36 in the preceding year.

Quarterly Results Comparison

For the quarter ended March 31, 2026, the company posted a net profit of ₹25.14 lakh, down from ₹27.17 lakh in the same quarter of the previous year. Revenue from operations for the quarter showed growth, rising to ₹1,574.20 lakh from ₹1,515.98 lakh in Q4 FY25. Total expenses for the quarter increased to ₹1,535.81 lakh from ₹1,475.94 lakh in the corresponding period of the previous year. The basic and diluted earnings per share for the quarter stood at ₹2.79, compared to ₹3.02 in the prior year.

Balance Sheet and Cash Flows

As of March 31, 2026, the company’s total assets stood at ₹3,164.13 lakh, an increase from ₹2,530.50 lakh in the previous year. This growth was primarily driven by a rise in current assets, which reached ₹2,241.72 lakh. Total equity and liabilities also increased to ₹3,164.13 lakh. The cash flow statement revealed a net cash generated from operations of ₹299.13 lakh for the year, while cash used in investing and financing activities was ₹183.95 lakh and ₹110.40 lakh respectively. Cash and cash equivalents at the end of the period totaled ₹74.25 lakh.

Financial Metric FY26 (₹ in Lakhs) FY25 (₹ in Lakhs)
Revenue from Operations 4,736.44 4,993.54
Total Income 4,745.34 5,034.51
Total Expenses 4,726.41 4,987.00
Net Profit 2.93 30.22
EPS (Basic) 0.33 3.36

The statutory auditors, M/s Suresh R. Shah & Associates, issued an audit report with an unmodified opinion on the standalone financial results for the year ended March 31, 2026.

Historical Stock Returns for Advanced Petrochemicals

1 Day5 Days1 Month6 Months1 Year5 Years
0.0%0.0%-11.38%+42.47%+46.32%+612.37%

What specific strategic initiatives is Advanced Petrochemicals planning to reverse the sharp 90% decline in net profit and restore margins to FY25 levels?

Given the significant growth in total assets from ₹2,530 lakh to ₹3,164 lakh, how will the company deploy these expanded resources to drive revenue growth in FY27?

How might fluctuations in global crude oil and petrochemical feedstock prices impact Advanced Petrochemicals' profitability outlook for the upcoming fiscal year?

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