Alankit reports FY26 net profit of ₹208.7 crore

1 min read     Updated on 26 May 2026, 03:00 PM
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AI Summary

Alankit Limited reported a consolidated net profit of ₹208.70 crore for FY26, with total income increasing to ₹3,734.42 crore from ₹3,194.10 crore in the previous year. The board approved the audited financial results on May 26, 2026, with statutory auditors issuing an unmodified opinion. Key disclosures include a tax demand notice of ₹1,793.26 crore, which the company is appealing, and significant write-backs of trade payables and write-offs of trade receivables.

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Alankit Limited has reported a consolidated net profit of ₹208.70 crore for the financial year ended March 31, 2026. The company's board of directors approved the audited standalone and consolidated financial results at a meeting held on May 26, 2026. The statutory auditors, M/s Kanodia Sanyal & Associates, issued an unmodified opinion on the financial results.

For the full year, total income rose to ₹3,734.42 crore from ₹3,194.10 crore in the previous year. The board meeting commenced at 12:30 P.M. and concluded at 02:15 P.M. on May 26, 2026.

Financial Performance

The company's revenue from operations for the year stood at ₹3,434.94 crore, compared to ₹3,010.56 crore in FY25. Total expenses for the year increased to ₹3,506.07 crore from ₹2,825.40 crore. Profit before tax for the year was ₹228.35 crore, a decrease from ₹368.70 crore in the prior year.

Metric FY26 (₹ in Lakhs) FY25 (₹ in Lakhs)
Total Income 3,73,442.23 3,19,409.50
Total Expenses 3,50,607.20 2,82,540.00
Net Profit 20,870.20 21,670.20
Basic EPS ₹0.70 ₹0.73

Key Disclosures

The auditors drew attention to a tax demand notice of ₹1,793.26 crore received under Section 156 of the Income Tax Act, 1961, for assessment years 2011-12 to 2020-21. The company has filed an appeal against the demand, stating that legal opinion suggests it is not tenable.

Additionally, the group wrote back trade payables amounting to ₹108.42 crore and wrote off trade receivables of ₹131.27 lakh during the year. The financial statements also include a payment of ₹539.30 crore for the purchase of immovable property from a related party, where the legal title is yet to be transferred.

Historical Stock Returns for Alankit

1 Day5 Days1 Month6 Months1 Year5 Years
+1.75%+7.40%-0.32%-15.24%-37.73%-45.83%

What is the expected timeline for the resolution of the ₹1,793.26 crore tax demand appeal, and how might a potential adverse ruling impact future cash flows?

Given the rise in total expenses outpacing revenue growth, what specific cost-control measures does management plan to implement to improve operating margins in FY27?

What are the strategic reasons behind the ₹539.30 crore related-party property purchase, and when is the legal title transfer expected to be completed?

Alankit Limited Confirms Non-Applicability of Large Corporate Criteria Under SEBI Framework

1 min read     Updated on 15 Apr 2026, 04:41 PM
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Alankit Limited disclosed to BSE and NSE on April 13, 2026, that it does not qualify as a Large Corporate under SEBI Circular dated November 26, 2018. The company reported outstanding borrowings of Rs. 4,32,65,282 as of March 31, 2026, with credit ratings marked as not applicable. This disclosure ensures regulatory compliance and provides clarity on the company's status regarding debt securities issuance framework.

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Alankit Limited has formally communicated to stock exchanges that it does not qualify as a "Large Corporate" under the regulatory framework established by the Securities and Exchange Board of India. The company submitted its disclosure to both BSE and NSE on April 13, 2026, addressing compliance requirements related to fund raising through debt securities.

Regulatory Compliance Disclosure

The disclosure pertains to SEBI Circular No. SEBI/HO/DDHS/CIR/P/2018/144 dated November 26, 2018, which deals with fund raising by issuance of debt securities by large entities. Alankit Limited confirmed that it does not meet the criteria specified in this circular for classification as a Large Corporate. The company's communication was signed by Sakshi Thapar, Company Secretary and Compliance Officer, and addressed to both major stock exchanges where the company is listed.

Financial Position Details

As part of the mandatory disclosure requirements, Alankit Limited provided specific financial information in a structured format. The company presented key details including its corporate identification number, outstanding borrowings, and credit rating status as of the specified reporting date.

Parameter Details
Company Name Alankit Limited
CIN L74900DL1989PLC036860
Outstanding Borrowings (March 31, 2026) Rs. 4,32,65,282
Credit Ratings (FY 2025-26) Not Applicable
Stock Exchange Fine Payment Not Applicable

Corporate Information

The disclosure was executed by key company officials, with Sakshi Thapar serving as Company Secretary and Compliance Officer, and Gaurav Maheshwari as Chief Financial Officer. The company maintains its registered office at Anarkali Complex, Jhandewalan Extension, New Delhi, while its corporate office is located at Alankit House in the same area. Alankit Limited operates under the tagline "Health & Wealth We Manage Both" and maintains listings on both NSE and BSE.

Regulatory Framework Context

The SEBI circular referenced in the disclosure establishes specific criteria for determining Large Corporate status, which impacts how companies can raise funds through debt securities. Companies falling under this category face additional regulatory requirements and compliance obligations. By confirming its non-applicability to these criteria, Alankit Limited clarifies its regulatory status for investors and market participants, ensuring transparency in its corporate governance and compliance framework.

Historical Stock Returns for Alankit

1 Day5 Days1 Month6 Months1 Year5 Years
+1.75%+7.40%-0.32%-15.24%-37.73%-45.83%

What are Alankit's plans for future debt fundraising given its current non-Large Corporate status?

How might Alankit's relatively low outstanding borrowings of Rs. 4.33 crores impact its growth strategy and expansion plans?

Will Alankit seek credit ratings in the upcoming financial year to enhance its debt market access?

More News on Alankit

1 Year Returns:-37.73%