Aro Granite Industries FY26 Net Loss Widens to Rs 1,181.75 Lacs Amid Sharp Revenue Decline

4 min read     Updated on 19 May 2026, 12:19 PM
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Aro Granite Industries reported a widened net loss of Rs 1,181.75 lacs for the year ended March 31, 2026, compared to Rs 642.28 lacs in the prior year, as revenue from operations declined sharply to Rs 7,351.59 lacs from Rs 12,309.05 lacs. The Granite Slabs/Tiles Division posted a segment profit of Rs 730.14 lacs while the Quartz Division recorded a loss of Rs 380.94 lacs. Total assets stood at Rs 39,426.03 lacs and closing cash equivalents improved to Rs 1,252.62 lacs.

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Aro Granite Industries Limited has released its audited standalone financial results for the quarter and year ended March 31, 2026, pursuant to Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The Board of Directors approved the results at their meeting held on May 15, 2026. The company reported a net loss of Rs 1,181.75 lacs for the fiscal year, widening from the net loss of Rs 642.28 lacs recorded in the previous year. Revenue from operations declined significantly to Rs 7,351.59 lacs from Rs 12,309.05 lacs in the corresponding period of the prior fiscal. The statutory auditors, Alok Mittal & Associates, issued an unmodified opinion on the audited financial results.

Financial Performance

For the quarter ended March 31, 2026, the company reported a net loss of Rs 640.73 lacs, compared to a net profit of Rs 2.25 lacs in the same quarter of the previous year. Revenue from operations for the quarter stood at Rs 1,151.89 lacs, down from Rs 2,681.37 lacs in the year-ago quarter. Total income for the quarter was Rs 1,400.18 lacs against total expenses of Rs 2,039.11 lacs. The basic and diluted earnings per share (EPS) for the year ended March 31, 2026, was reported at (Rs 7.79), compared to (Rs 4.07) in the prior year.

The following table summarises the key annual financial metrics for Aro Granite Industries:

Financial Metric (Rs. in Lacs): Year Ended 31.03.2026 Year Ended 31.03.2025
Revenue from Operations: 7,351.59 12,309.05
Other Income: 1,181.88 965.82
Total Income: 8,533.47 13,274.87
Total Expenses: 9,695.52 13,960.04
Profit/(Loss) Before Tax: (1,162.05) (685.17)
Net Profit/(Loss) for the period: (1,181.75) (642.28)
Basic EPS (Rs): (7.79) (4.07)

The following table presents the quarterly financial highlights:

Financial Metric (Rs. in Lacs): Q4 FY26 (31.03.2026) Q3 FY26 (31.12.2025) Q4 FY25 (31.03.2025)
Revenue from Operations: 1,151.89 1,469.12 2,681.37
Total Income: 1,400.18 1,972.87 3,195.08
Total Expenses: 2,039.11 2,264.99 3,185.58
Net Profit/(Loss): (640.73) (297.44) 2.25
Basic EPS (Rs): (4.21) (1.92) 0.03

Segment Results

The company operates through two primary segments: the Quartz Division and the Granite Slabs/Tiles Division. For the year ended March 31, 2026, the Granite Slabs/Tiles Division reported segment revenue of Rs 7,374.91 lacs, while the Quartz Division reported revenue of Rs 1,158.56 lacs. At the segment results level, the Quartz Division recorded a loss of Rs 380.94 lacs, whereas the Granite Slabs/Tiles Division posted a profit of Rs 730.14 lacs.

The following table presents segment-wise assets and liabilities as at March 31, 2026:

Segment (Rs. in Lacs): Assets (31.03.2026) Assets (31.03.2025) Liabilities (31.03.2026) Liabilities (31.03.2025)
Quartz Division: 348.56 1,449.99 2,252.36 2,751.40
Granite Slabs/Tiles Division: 39,077.46 40,524.07 19,779.57 20,636.73
Total: 39,426.03 41,974.07 22,031.93 23,388.13

Balance Sheet Highlights

As at March 31, 2026, the company's total assets stood at Rs 39,426.03 lacs, compared to Rs 41,974.07 lacs in the previous year. Total equity was Rs 17,394.10 lacs, comprising equity share capital of Rs 1,530.00 lacs and other equity of Rs 15,864.10 lacs. Total liabilities amounted to Rs 22,031.93 lacs. The following table presents key balance sheet items:

Balance Sheet Item (Rs. in Lacs): 31.03.2026 31.03.2025
Total Non-Current Assets: 13,152.96 14,257.23
Total Current Assets: 26,273.08 27,716.84
Total Assets: 39,426.03 41,974.07
Total Equity: 17,394.10 18,585.94
Total Non-Current Liabilities: 4,126.64 4,355.79
Total Current Liabilities: 17,905.29 19,032.34
Total Liabilities: 22,031.93 23,388.13

Cash Flow Statement

On the cash flow front, the company reported net cash flow from operating activities of Rs 1,672.91 lacs for the year ended March 31, 2026, compared to Rs 3,301.27 lacs in the prior year. Net cash from investing activities was Rs 293.75 lacs, while net cash from financing activities was (Rs 1,554.27 lacs). The closing balance of cash and cash equivalents stood at Rs 1,252.62 lacs, up from Rs 840.23 lacs at the start of the year. The closing cash balance comprised cash in hand of Rs 1.07 lacs, current account balances of Rs 318.33 lacs, earmarked balances with banks of Rs 6.73 lacs, other fixed deposit accounts of Rs 593.68 lacs, and fixed deposit accounts as margin money of Rs 332.81 lacs.

Cash Flow Item (Rs. in Lacs): Year Ended 31.03.2026 Year Ended 31.03.2025
Net Cash from Operating Activities: 1,672.91 3,301.27
Net Cash from Investing Activities: 293.75 21.70
Net Cash from Financing Activities: (1,554.27) (3,353.14)
Opening Cash & Cash Equivalents: 840.23 870.38
Closing Cash & Cash Equivalents: 1,252.62 840.23

Board Decisions and Regulatory Compliance

During the Board meeting held on May 15, 2026, the directors approved the re-appointment of M/s. Sreekantha & Co., Chartered Accountants, as Internal Auditors for the financial year 2026-27. The firm was founded in Hosur, Tamil Nadu, by Mr. Sreekantha B.V., and has been providing professional services guided by values of integrity, independence, innovation, and excellence. The financial results were prepared in accordance with Indian Accounting Standards (Ind AS) as prescribed under Section 133 of the Companies Act. The filing was signed by Company Secretary and Compliance Officer Ayush Goel, and the results were approved by Managing Director Sunil Kumar Arora (DIN 00150668).

Historical Stock Returns for Aro Granite Industries

1 Day5 Days1 Month6 Months1 Year5 Years
+1.09%-6.07%-7.28%-17.34%-36.59%-54.52%

What strategic measures is Aro Granite Industries' management planning to reverse the nearly 40% revenue decline and return the company to profitability in FY27?

Given the Quartz Division's significant asset erosion from Rs 1,449.99 lacs to Rs 348.56 lacs alongside mounting losses, is the company considering divesting or restructuring this segment?

How is Aro Granite Industries positioned to navigate potential headwinds from global demand slowdowns or increased competition in the granite export market, which appears to be the primary driver of revenue decline?

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Aro Granite Industries Board Meeting Scheduled on May 15, 2026 to Approve Q4FY26 Audited Financial Results

1 min read     Updated on 05 May 2026, 05:30 PM
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Aro Granite Industries Limited has scheduled a Board of Directors meeting for May 15, 2026, to approve audited financial results for the quarter and year ended March 31, 2026. The notice was filed with both BSE and NSE on May 05, 2026, pursuant to Regulation 29 of the SEBI (LODR) Regulations, 2015. The Trading Window for the company's securities will remain closed until May 17, 2026, as previously intimated on March 26, 2026.

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Aro Granite Industries Limited has informed the stock exchanges of an upcoming Board of Directors meeting, scheduled pursuant to Regulation 29 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The notice, signed by Company Secretary and Compliance Officer Ayush Goel, was submitted to both the Bombay Stock Exchange Limited and the National Stock Exchange of India Limited on May 05, 2026.

Board Meeting Details

The key details of the scheduled board meeting are outlined below:

Parameter: Details
Meeting Date: Friday, May 15, 2026
Purpose: Approval of Audited Financial Results
Period Under Review: Quarter and year ended March 31, 2026
Notice Filed On: May 05, 2026
Regulatory Basis: Regulation 29, SEBI (LODR) Regulations, 2015

Trading Window Closure

In continuation of its earlier communication dated March 26, 2026, Aro Granite Industries has confirmed that the Trading Window for trading in the company's securities will remain closed until May 17, 2026. This closure is in accordance with applicable SEBI regulations governing insider trading restrictions during the period leading up to the announcement of financial results.

Filing and Compliance

The intimation was formally submitted to both major Indian stock exchanges as part of the company's disclosure obligations. The notice was digitally signed by Ayush Goel, Company Secretary and Compliance Officer of Aro Granite Industries Limited, on May 05, 2026. The company's registered office is located at 1001, 10th Floor, DLF Tower A, Jasola, New Delhi – 110 025, while its corporate office and works are situated at Koneripalli Village, Shoolagiri (Via), Hosur Taluk – 635 117, Krishnagiri District, Tamil Nadu.

Historical Stock Returns for Aro Granite Industries

1 Day5 Days1 Month6 Months1 Year5 Years
+1.09%-6.07%-7.28%-17.34%-36.59%-54.52%

How might Aro Granite Industries' FY2026 annual financial results compare to the previous year, given the current global demand trends in the granite and natural stone export market?

Will the board meeting on May 15, 2026 also consider dividend declarations or any capital allocation decisions alongside the audited financial results?

How could potential fluctuations in export demand from key markets like the US and Europe impact Aro Granite's revenue outlook for FY2027?

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1 Year Returns:-36.59%