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 has scheduled its 32nd Annual General Meeting for Wednesday, September 30, 2026. The meeting will be held at the company’s registered office in Shamgarh, Haryana, at 12:30 pm.

The primary agenda includes adopting the audited financial statements for FY26 and the re-appointment of director Dhruv Sharma. Sharma retires by rotation but is eligible for re-appointment. He holds a BBA degree and serves as a management consultant. He attended four board meetings during the year and holds no shares in the company.

Voting Details

The company will facilitate remote e-voting through National Securities Depository Limited (NSDL). The voting window opens on Sunday, September 27, 2026, at 9:00 am and closes on Tuesday, September 29, 2026, at 5:00 pm. The cut-off date for determining voting eligibility is September 23, 2026.

Shareholders holding shares in physical or dematerialized form can cast their votes electronically. Those who vote remotely may still attend the physical meeting but cannot vote again. Ballot paper voting will be available for members present at the venue who have not voted remotely.

Key Dates and Information

Mr. Anuj Gupta of Anuj Gupta & Associates has been appointed as the scrutinizer to oversee the voting process. The annual report and notice are available on the company website and BSE Limited platform.