Amin Tannery FY26 profit falls 23% on lower revenue
Amin Tannery Limited reported a 23.1% decline in profit after tax to ₹22.40 lakh for FY26, with revenue falling 16.3% to ₹3,480.22 lakh. The Board approved the audited standalone financial results on May 26, 2026, receiving an unmodified opinion from statutory auditors Kapoor Tandon & Co.

*this image is generated using AI for illustrative purposes only.
Amin Tannery Limited reported a 23.1% decline in profit after tax to ₹22.40 lakh for the financial year ended March 31, 2026, compared to ₹29.11 lakh in the previous year. Revenue from operations decreased 16.3% to ₹3,480.22 lakh from ₹4,158.78 lakh in FY25, driven by the company's core leather and leather-related products segment. The statutory auditors, Kapoor Tandon & Co., issued an unmodified opinion on the audited standalone financial results approved by the Board on May 26, 2026.
For the quarter ended March 31, 2026, the company recorded a profit after tax of ₹4.26 lakh, a significant drop from ₹10.60 lakh in the corresponding quarter of the previous year. Revenue from operations for Q4FY26 stood at ₹612.97 lakh, down from ₹962.37 lakh in Q4FY25. Total expenses for the year were managed at ₹3,495.90 lakh, lower than the ₹4,124.79 lakh reported in the prior year, aided by a negative change in inventories of ₹116.23 lakh.
The earnings per share (EPS) for the year stood at ₹0.02, down from ₹0.03 in the previous year. The company’s total comprehensive income for FY26 was ₹31.83 lakh, a marginal increase from ₹31.42 lakh in FY25, supported by other comprehensive income of ₹9.43 lakh. The paid-up equity share capital remained unchanged at ₹1,079.73 lakh.
Financial Performance
| Particulars | Year Ended 31.3.2026 (₹ in Lakhs) | Year Ended 31.3.2025 (₹ in Lakhs) |
|---|---|---|
| Revenue from Operations | 3,480.22 | 4,158.78 |
| Total Revenue | 3,526.74 | 4,163.73 |
| Total Expenses | 3,495.90 | 4,124.79 |
| Profit Before Tax | 30.84 | 38.94 |
| Profit After Tax | 22.40 | 29.11 |
| Earnings Per Share (₹) | 0.02 | 0.03 |
Assets and Liabilities
The total assets of the company increased marginally to ₹6,253.97 lakh as of March 31, 2026, from ₹6,176.63 lakh in the previous year. Current assets constituted the majority, standing at ₹5,520.32 lakh, with inventories alone accounting for ₹4,473.17 lakh. Cash and cash equivalents decreased significantly to ₹5.67 lakh from ₹26.61 lakh at the end of FY25.
On the liabilities side, total equity and liabilities stood at ₹6,253.97 lakh. Equity share capital remained constant at ₹1,079.73 lakh, while other equity rose to ₹234.57 lakh from ₹202.73 lakh. Current liabilities increased to ₹4,839.57 lakh, with short-term borrowings constituting a substantial portion at ₹2,877.14 lakh.
Cash Flow Statement
| Particulars | 2025-26 (₹ in Lacs) | 2024-25 (₹ in Lacs) |
|---|---|---|
| Net cash from operating activities | 176.33 | 230.39 |
| Net cash used in investing activities | (34.45) | (93.59) |
| Net cash used in financing activities | (162.82) | (150.27) |
| Net decrease in cash and cash equivalents | (20.94) | (13.47) |
The net cash generated from operating activities declined to ₹176.33 lakh in FY26 from ₹230.39 lakh in the previous year. The company utilized ₹34.45 lakh in investing activities, primarily for the purchase of property, plant, and equipment. Financing activities resulted in a net outflow of ₹162.82 lakh, largely due to the repayment of borrowings and finance costs paid. Consequently, cash and cash equivalents decreased by ₹20.94 lakh during the year.
Historical Stock Returns for Amin Tannery
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +1.18% | +5.52% | -3.37% | -8.51% | -25.54% | +59.26% |
How does the company plan to address the significant decline in cash reserves given the high level of short-term borrowings?
What strategic initiatives will be implemented to reverse the downward trend in revenue from the core leather segment?
Will the company continue to rely on inventory reduction to manage expenses, or are structural cost-cutting measures planned?

































