Associated Coaters revises FY26 cash flow statement, profit rises 7.8%
Associated Coaters Limited reported a 7.8% rise in FY26 net profit to ₹114.52 lakh, with revenue increasing 38.7% to ₹826.33 lakh. The company submitted revised audited financial results on May 30, 2026, to correct an inadvertent discrepancy in the Cash Flow Statement. Statutory auditors JMP Associates issued an unmodified opinion with an emphasis of matter regarding pending confirmations from certain parties.

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Associated Coaters Limited reported a 7.8% increase in net profit to ₹114.52 lakh for the financial year ended March 31, 2026, compared to ₹106.18 lakh in the previous year. Revenue from operations surged 38.7% to ₹826.33 lakh from ₹595.78 lakh in FY25, driven by higher operational activity. The company filed revised audited financial results on May 30, 2026, to correct an inadvertent discrepancy observed in the Cash Flow Statement, while other financial information remained unchanged.
Financial Performance
The company’s total income for FY26 stood at ₹836.64 lakh, up from ₹595.78 lakh in the previous year. Total expenses increased to ₹687.58 lakh from ₹452.00 lakh in FY25. Profit before tax for the year was ₹149.07 lakh, compared to ₹143.78 lakh in the prior year. Basic earnings per share (EPS) improved to ₹8.47 from ₹7.85 in the corresponding period last year.
| Metric | FY26 (₹ in Lakhs) | FY25 (₹ in Lakhs) |
|---|---|---|
| Revenue from Operations | 826.33 | 595.78 |
| Total Income | 836.64 | 595.78 |
| Total Expenses | 687.58 | 452.00 |
| Profit Before Tax | 149.07 | 143.78 |
| Net Profit | 114.52 | 106.18 |
| Basic EPS | 8.47 | 7.85 |
Balance Sheet Highlights
The company’s total assets stood at ₹1,041.68 lakh as of March 31, 2026, compared to ₹933.58 lakh a year ago. Shareholders' funds increased to ₹782.35 lakh from ₹677.83 lakh. Trade receivables rose to ₹380.49 lakh from ₹367.18 lakh, while cash and cash equivalents decreased to ₹152.77 lakh from ₹270.08 lakh.
Auditor's Report and Disclosures
M/s. JMP Associates, Statutory Auditors, issued an unmodified opinion on the audited financial results. The auditors included an emphasis of matter noting that the company is yet to receive pending confirmations in respect of certain parties, though this did not modify their opinion. The trading window for dealing in the company's securities will reopen 48 hours after the declaration of the results.
Historical Stock Returns for Associated Coaters
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -6.55% | -12.12% | -17.14% | -22.08% | -32.03% | -35.51% |
What strategies will the company employ to sustain the 38.7% revenue growth in the upcoming fiscal year?
How will the significant decrease in cash and cash equivalents impact the company's short-term liquidity and operational flexibility?
What measures are being taken to resolve the pending confirmations noted by the auditors to ensure smoother future audits?





























