Baroda Extrusion reports FY26 revenue of ₹18,251.12 lakh
Baroda Extrusion Limited reported FY26 revenue of ₹18,251.12 lakh and PAT of ₹733.43 lakh. The board appointed Alpesh Kanugo as Managing Director and Nilesh Shah as Independent Director, while also approving an increase in borrowing limits.

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Baroda Extrusion Limited reported revenue from operations of ₹18,251.12 lakh for the financial year ended March 31, 2026, an increase from ₹15,905.39 lakh in the prior year. Profit after tax for the year stood at ₹733.43 lakh, compared to ₹1,972.19 lakh in FY25. The board approved the audited financial results for the quarter and year ended March 31, 2026, at a meeting held on May 29, 2026.
The company’s total income for FY26 rose to ₹18,389.57 lakh from ₹15,919.17 lakh in the previous year. Total expenses increased to ₹17,408.44 lakh from ₹15,611.05 lakh. The statutory auditors issued an unmodified opinion on the standalone audited financial results. The financial impact of the new labour codes, amounting to an additional expense of ₹19.33 lakhs, was recognized in the results.
Board Appointments and Approvals
The board approved several key appointments effective May 29, 2026. Alpesh Kanugo was appointed as Managing Director with rectification of remuneration, subject to shareholder approval. Mr. Nilesh Shah was appointed as a Non-Executive Independent Director for a tenure of five years, also subject to shareholder approval. The board also increased the company's borrowing limit.
Financial Results
The following table summarizes the audited financial results for the quarter and year ended March 31, 2026:
| Particulars | Quarter Ended 31-03-2026 (Audited) | Year Ended 31-03-2026 (Audited) | Year Ended 31-03-2025 (Audited) |
|---|---|---|---|
| Revenue from Operations | 5,593.59 | 18,251.12 | 15,905.39 |
| Total Income | 5,681.69 | 18,389.57 | 15,919.17 |
| Total Expenses | 5,269.84 | 17,408.44 | 15,611.05 |
| Profit before Tax | 411.85 | 981.13 | 2,192.06 |
| Profit after tax | 308.24 | 733.43 | 1,972.19 |
Other Disclosures
The board appointed M/s. Surti & Talati as the Internal Auditor for the year 2026-27. Additionally, Finportal Investments Private Limited was appointed as the Investor Relations Agency effective June 1, 2026. The company designated a specific email ID, cs@barodaextrusion.com , for all investor-related queries. The paid-up equity share capital increased to ₹1,943.82 lakh as of March 31, 2026, from ₹1,490.49 lakh in the previous year.
Historical Stock Returns for Baroda Extrusion
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +1.03% | -1.78% | -4.95% | +22.78% | -2.96% | +1,110.96% |
What strategic initiatives will the new Managing Director implement to reverse the sharp decline in profitability?
How does the company plan to utilize the increased borrowing limit to drive future growth?
Will the rise in total expenses relative to revenue continue into FY27, or are cost-cutting measures planned?
































