Alliance Integrated Metaliks reports ₹9,544 lakh net loss in FY26
- Net loss widened to ₹9,544.14 lakh in FY26 from ₹7,264.03 lakh in FY25
- Revenue from operations fell 15.9% to ₹7,550.41 lakh due to lower sales
- Finance costs rose to ₹7,321.90 lakh as debt classified as NPA
- Negative net worth deepened to (₹35,900.70 lakh) from (₹26,359.15 lakh)
- 37th AGM scheduled for September 25, 2026, to approve financials

*this image is generated using AI for illustrative purposes only.
Alliance Integrated Metaliks reported a net loss of ₹9,544.14 lakh for the financial year ended March 31, 2026, widening from a loss of ₹7,264.03 lakh in FY25. The company scheduled its 37th annual general meeting for September 25, 2026, to adopt the audited financial statements and regularize director appointments.
The decline in profitability was driven by a contraction in revenue from operations to ₹7,550.41 lakh from ₹8,975.65 lakh in the previous year. Finance costs rose to ₹7,321.90 lakh from ₹6,603.84 lakh, reflecting the burden of outstanding debt classified as non-performing assets by lenders.
Financial Performance Highlights
| Metric | FY26 | FY25 | Change |
|---|---|---|---|
| Revenue from Operations | ₹7,550.41 lakh | ₹8,975.65 lakh | -15.9% |
| Total Expenses | ₹17,118.06 lakh | ₹16,259.97 lakh | +5.3% |
| Net Profit/(Loss) | (₹9,544.14 lakh) | (₹7,264.03 lakh) | Widened |
| Earnings Per Share | (₹2.42) | (₹1.84) | Declined |
The company’s total comprehensive loss stood at ₹9,541.51 lakh. Other income increased marginally to ₹30.70 lakh from ₹7.47 lakh, primarily due to a gain on lease cancellation. However, this was insufficient to offset the operational losses and high interest outflows.
Balance Sheet and Liquidity Signals
As of March 31, 2026, Alliance Integrated Metaliks reported a negative net worth of (₹35,900.70 lakh), deteriorating from (₹26,359.15 lakh) in FY25. The balance sheet shows total assets of ₹31,406.00 lakh against total liabilities of ₹61,782.32 lakh (current) plus non-current liabilities.
Outstanding loans amounting to ₹58,114.41 lakh, including accrued interest, have been classified as non-performing assets by lenders. The company is actively engaged in discussions with lenders for debt resolution through one-time settlement proposals. A provisional attachment order on immovable properties remains sub-judice, with an appeal pending before the Appellate Authority.
What the Numbers Show
Finance costs constituted approximately 96.6% of total revenue in FY26, highlighting a severe mismatch between operating income and debt servicing obligations. With revenue declining while interest expenses rose, the company’s operational cash generation remains inadequate to cover fixed financial charges, exacerbating the erosion of shareholder equity.
Corporate Governance Updates
The AGM will seek approval for the reappointment of Mr. Daljit Singh Chahal, who retires by rotation. Additionally, shareholders will vote to regularize the appointment of Mr. Vineet Kumar Ojha as a non-executive independent director for a five-year term starting August 12, 2026. Ms. Shivani Dixit has been appointed as Company Secretary & Compliance Officer effective June 19, 2026, succeeding Ms. Malti Devi.
Source: https://lodr-files.dhan.co/lodr-inputs/Company/INE123D01024/ebdcff81-736e-4172-b1c5-247193def1eb.pdf
Historical Stock Returns for Alliance Integrated Metaliks
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -1.80% | +16.79% | +45.98% | +118.00% | +61.08% | 0.0% |
What specific terms or conditions are lenders proposing in the one-time settlement discussions, and how might this impact existing shareholder equity?
How does the pending appeal against the provisional attachment order on immovable properties affect the timeline and feasibility of debt resolution?
Given that finance costs constitute 96.6% of revenue, what operational restructuring strategies is management implementing to reverse the revenue decline?


































