ANS Industries reported a net profit of ₹227.94 lakh for the financial year ended March 31, 2026 (FY26), marking a significant turnaround from the net loss of ₹220.26 lakh recorded in FY25. The company's 32nd Annual General Meeting is scheduled for September 30, 2026.

The profitability was not driven by core operations but by a substantial non-recurring accounting adjustment. The Directors' Report explicitly attributes the profit to the reversal of accumulated deferred tax assets amounting to ₹292.66 lakh. Without this reversal, the company would have reported a significant operational loss.

Financial Performance

Total income for FY26 stood at ₹3.57 lakh, a sharp decline from ₹77.65 lakh in the previous year. This revenue primarily consisted of other income, including interest and lease rentals, as the company has not processed any green peas during the year.

Operating expenses remained relatively stable in absolute terms but decreased significantly due to the absence of production-related costs. Employee benefit expenses were ₹32.03 lakh, down from ₹36.22 lakh in FY25. Depreciation charges totaled ₹23.99 lakh, compared to ₹28.83 lakh in the prior year.

What the Numbers Show

The financials reveal a company in maintenance mode rather than active growth. While the bottom line shows a profit, it masks an underlying operational deficit. Pre-tax operating losses widened to ₹64.73 lakh from ₹22.67 lakh in FY25 when excluding the deferred tax benefit. This divergence highlights that the reported net profit is entirely accounting-driven, with no cash flow generation from core food processing activities.

Operational Status and Strategy

The Board confirmed that the plant is currently not running and no business activity occurred during the year under review. Consequently, there are no inventories or trade receivables from sales. The management is exploring options to diversify the business in the best interest of stakeholders. No dividend has been recommended for FY26 to conserve resources.

Balance Sheet and Governance

As of March 31, 2026, total assets stood at ₹852.25 lakh, up from ₹599.01 lakh in FY25, largely due to the recognition of deferred tax assets. Current liabilities include borrowings of ₹154.35 lakh and other current liabilities of ₹162.67 lakh. The current ratio remains tight at 0.05, indicating limited liquidity relative to short-term obligations.

Mr. Dhruv Sharma retires by rotation at the upcoming AGM and offers himself for re-appointment. The Board also noted that no special business will be transacted at the meeting.

Ans Industries reported a standalone loss of ₹101.16 lakh for the quarter ended June 30, 2026 (Q1FY27), widening significantly from a loss of ₹18.49 lakh in the corresponding period of FY26. The loss per share stood at ₹1.09, down from a loss of ₹0.20 per share in Q1FY26.

The company disclosed that it is not currently carrying any business operations. Consequently, revenue from operations was nil for the quarter. Total income was restricted to other income of ₹0.76 lakh, primarily comprising rental income and interest from bank deposits, which remained flat year-on-year but declined from ₹1.15 lakh in the previous quarter (Q4FY26).

Financial Performance

Expenses for the quarter totaled ₹31.37 lakh, driven largely by other operating and general expenses of ₹18.22 lakh. This marks a sharp increase from ₹5.76 lakh in Q1FY26 and a significant rise from ₹1.19 lakh in Q4FY26. Employee benefits expense stood at ₹8.01 lakh, while depreciation and amortization expenses were ₹5.14 lakh.

The widening loss was partly influenced by deferred tax credits. While the pre-tax loss before exceptional items was ₹30.61 lakh, a deferred tax credit of ₹70.55 lakh contributed to the final net loss figure. In contrast, the previous quarter (Q4FY26) had seen a profit of ₹268.56 lakh, largely due to a significant deferred tax provision reversal of ₹283.96 lakh.

What the Numbers Show

The financial data highlights a structural shift in the company’s cost base despite the absence of operational revenue. Other operating and general expenses surged to ₹18.22 lakh in Q1FY27 from ₹5.76 lakh in Q1FY26, constituting nearly 58% of total expenses. This divergence between static income and rising administrative costs underscores the fixed burden on the entity’s non-operational status. Additionally, the net worth declined to ₹427.12 lakh as on June 30, 2026, from ₹568.91 lakh as on March 31, 2026.

Corporate Actions

The Board of Directors approved the standalone unaudited financial results during its meeting held on August 14, 2026. The results were reviewed by the statutory auditors, D M A R K S & Associates.

The board also scheduled the company’s 32nd Annual General Meeting (AGM) for September 30, 2026, at its registered office in Haryana. The meeting is set to commence at 12:30 pm.