Anik Industries reports FY26 results, appoints auditors

1 min read     Updated on 19 Jun 2026, 12:27 AM
scanx
Reviewed by
Naman SScanX News Team
AI Summary

Anik Industries Limited reported a standalone net profit of ₹157.30 lakh for FY26, while consolidated results showed a net loss of ₹93.54 lakh. The board approved the audited financial results and appointed M/s K.G. Goyal & Co. as Cost Auditor and M/s MMM & Co. as Internal Auditor for FY27. The company confirmed it does not qualify as a Large Corporate entity.

powered bylight_fuzz_icon
43354626

*this image is generated using AI for illustrative purposes only.

Anik Industries Limited reported a standalone net profit of ₹157.30 lakh for the financial year ended March 31, 2026, compared to ₹388.31 lakh in the previous year. On a consolidated basis, the company recorded a net loss of ₹93.54 lakh for FY26 against a net profit of ₹303.96 lakh in FY25. The board approved the audited standalone and consolidated financial statements for the year at its meeting held on June 18, 2026.

The standalone total revenue for FY26 stood at ₹14848.18 lakh, down from ₹11859.56 lakh in the previous year. For the quarter ended March 31, 2026, the standalone net loss was ₹53.57 lakh. Total expenses for the year increased to ₹14492.56 lakh from ₹11409.51 lakh in the prior year. The company’s basic earnings per share (EPS) for the year was ₹0.57, compared to ₹1.40 in FY25.

On the consolidated front, total revenue for FY26 was ₹14716.33 lakh, a slight increase from ₹11845.66 lakh in FY25. The consolidated net loss for the quarter ended March 31, 2026, was ₹218.81 lakh. Total expenses for the year rose to ₹14623.24 lakh from ₹11479.96 lakh. The consolidated basic EPS for the year was negative at ₹(0.34), compared to ₹1.10 in the previous year.

The board appointed M/s K.G. Goyal & Co., Cost Accountant, as the Cost Auditor for the financial year 2026-27. Additionally, M/s MMM & Co. was appointed as the Internal Auditor for the same period. The statutory auditor, M/s B. Shroff & Co., issued an unmodified opinion on the standalone and consolidated financial results.

The company also confirmed that it does not fall under the "Large Corporate" category for the financial year ended March 31, 2026, as per SEBI circulars regarding fund raising by issuance of debt securities by large entities.

Standalone Financial Results (FY26)

Metric Amount (₹ in Lakhs)
Total Revenue 14848.18
Total Expenses 14492.56
Net Profit 157.30
Basic EPS 0.57

Consolidated Financial Results (FY26)

Metric Amount (₹ in Lakhs)
Total Revenue 14716.33
Total Expenses 14623.24
Net Loss (93.54)
Basic EPS (0.34)

Historical Stock Returns for Anik Industries

1 Day5 Days1 Month6 Months1 Year5 Years
-0.49%+9.45%+7.80%-10.86%-58.27%+158.67%

What strategic measures will the company implement to reverse the consolidated net loss and control rising expenses in FY27?

How will the decline in standalone net profit and basic EPS impact shareholder dividends and investor confidence moving forward?

Will the company leverage its 'non-Large Corporate' status to explore specific debt securities or fund-raising options in the upcoming financial year?

Anik Industries appoints auditors for FY 2026-27

1 min read     Updated on 19 Jun 2026, 12:14 AM
scanx
Reviewed by
Riya DScanX News Team
AI Summary

Anik Industries Limited appointed M/s K.G. Goyal & Co., Cost Accountant, as the Cost Auditor and M/s MMM & Co. as the Internal Auditor for the financial year 2026-27. The Board of Directors approved these appointments during a meeting held on June 18, 2026, in compliance with Regulation 30 of the SEBI Listing Obligations and Disclosure Requirements Regulations, 2015.

powered bylight_fuzz_icon
43340711

*this image is generated using AI for illustrative purposes only.

Anik Industries Limited appointed M/s K.G. Goyal & Co., Cost Accountant, as the Cost Auditor and M/s MMM & Co. as the Internal Auditor for the financial year 2026-27. The Board of Directors approved these appointments during a meeting held on June 18, 2026, in compliance with Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The appointment of the Cost Auditor was made in accordance with the provisions of Section 148 of the Companies Act, 2013. M/s K.G. Goyal & Co. is a cost audit firm based in Jaipur, with the partner possessing over 26 years of experience in cost audit and related matters. The Internal Auditor appointment follows Section 138 of the Companies Act, 2013. M/s MMM & Co., a Chartered Accountants firm based in Indore, specializes in audit and assurance, management consultancy, and tax compliance.

Appointment Details

The following table summarizes the key details of the auditor appointments:

Particulars Cost Auditor Internal Auditor
Firm Name M/s K.G. Goyal & Co. M/s MMM & Co.
Date of Appointment June 18, 2026 June 18, 2026
Term FY 2026-27 FY 2026-27
Location Jaipur Indore

Historical Stock Returns for Anik Industries

1 Day5 Days1 Month6 Months1 Year5 Years
-0.49%+9.45%+7.80%-10.86%-58.27%+158.67%

Will these new auditor appointments lead to any significant changes in Anik Industries' cost control measures or internal reporting standards?

How might the appointment of specialized external auditors impact Anik Industries' operational efficiency and profitability in FY 2026-27?

Could the selection of firms based in Jaipur and Indore signal a strategic shift in the company's regional operational focus?

More News on Anik Industries

1 Year Returns:-58.27%