Asian Fertilizers swings to loss in Q4FY26 as revenue drops
Asian Fertilizers Limited reported a net loss of ₹33.94 lacs for Q4FY26, compared to a profit of ₹54.68 lacs in the prior year, following a drop in revenue to ₹927.45 lacs. For the full year FY26, the company achieved a net profit of ₹39.18 lacs, an increase from ₹24.31 lacs in FY25, with total income rising to ₹6,928.23 lacs. The audited results were approved by the Board on May 30, 2026, and received an unmodified opinion from statutory auditors M/s Kapoor Tandon & Co.

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Asian Fertilizers Limited reported a net loss of ₹33.94 lacs for the quarter ended March 31, 2026, reversing the profit of ₹54.68 lacs recorded in the same period last year. The company's financial performance was impacted by a substantial decline in revenue from operations, which fell to ₹927.45 lacs in Q4FY26 from ₹1,640.87 lacs in the year-ago quarter. For the full financial year ended March 31, 2026, the company posted a net profit of ₹39.18 lacs, a decrease from ₹24.31 lacs in FY25, while total revenue rose to ₹6,928.23 lacs from ₹6,600.82 lacs.
The audited financial results, reviewed by the Audit Committee and approved by the Board of Directors on May 30, 2026, were submitted to the BSE Ltd. pursuant to Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. M/s Kapoor Tandon & Co., Chartered Accountants, issued an audit report with an unmodified opinion, confirming that the financial results present a true and fair view in conformity with the applicable accounting standards.
Financial Performance
The company's expenses for the quarter increased to ₹1,017.84 lacs from ₹1,585.79 lacs in the prior year, driven by higher costs of material consumed and purchases of stock-in-trade. Total income for the quarter stood at ₹972.54 lacs, compared to ₹1,661.07 lacs in Q4FY25. The basic and diluted earnings per share (EPS) for the quarter stood at (₹0.43), compared to ₹0.69 in the corresponding quarter of the previous year.
For the full year, total income increased to ₹6,928.23 lacs from ₹6,600.82 lacs in the previous year. The company reported a profit before tax of ₹54.65 lacs for FY26, up from ₹36.09 lacs in FY25. The EPS for the year improved to ₹0.50 from ₹0.31 in the previous year.
| Metric | Q4FY26 (₹ in Lacs) | Q4FY25 (₹ in Lacs) | FY26 (₹ in Lacs) | FY25 (₹ in Lacs) |
|---|---|---|---|---|
| Revenue from Operations | 927.45 | 1,640.87 | 6,823.78 | 6,536.39 |
| Total Income | 972.54 | 1,661.07 | 6,928.23 | 6,600.82 |
| Total Expenses | 1,017.84 | 1,585.79 | 6,873.58 | 6,564.73 |
| Net Profit/(Loss) | (33.94) | 54.68 | 39.18 | 24.31 |
| Basic EPS | (0.43) | 0.69 | 0.50 | 0.31 |
Balance Sheet and Cash Flows
As of March 31, 2026, the company's total assets stood at ₹5,075.66 lacs, an increase from ₹4,457.41 lacs in the previous year. Total equity and liabilities increased to ₹5,075.66 lacs, comprising total equity of ₹1,909.60 lacs and total liabilities of ₹3,166.06 lacs. Current liabilities rose significantly to ₹2,966.83 lacs, primarily due to an increase in short-term borrowings to ₹1,869.79 lacs.
The statement of cash flows for the year ended March 31, 2026, showed a net decrease in cash and cash equivalents of ₹7.01 lacs. Cash generated from operations was negative at ₹76.55 lacs, while net cash used in investing activities was ₹498.78 lacs. The company generated net cash from financing activities of ₹568.32 lacs, largely due to proceeds from short-term borrowings.
How does Asian Fertilizers plan to manage the significant rise in short-term borrowings given the negative cash flow from operations?
What strategic measures will the company implement to curb the rising material costs that impacted Q4 profitability?
Will the company maintain its current level of short-term debt financing to support investing activities in the upcoming fiscal year?

























