Bhagawati Oxygen returns to profit in FY26, reports net profit of ₹328.81 lakh

Bhagawati Oxygen Limited returned to profitability in the financial year ended March 31, 2026, reporting a net profit of ₹328.81 lakh compared to a net loss of ₹45.09 lakh in the previous year. The turnaround was driven by a significant increase in other income, which offset a decline in revenue from operations. Total income for the year stood at ₹518.95 lakh, a sharp rise from ₹167.64 lakh in FY25. The company's Board approved the audited financial results for the quarter and year ended March 31, 2026, at a meeting held on May 29, 2026.

Financial Performance

For the quarter ended March 31, 2026, the company reported a net profit of ₹326.45 lakh, a substantial increase from the net profit of ₹14.36 lakh in the same quarter of the previous year. Revenue from operations for the quarter decreased to ₹0.61 lakh from ₹0.86 lakh in the corresponding period last year. However, other income for the quarter surged to ₹380.66 lakh, compared to ₹47.67 lakh in Q4FY25. Total expenses for the quarter were ₹48.19 lakh, slightly higher than the ₹41.85 lakh reported in the prior year's fourth quarter.

Segment Results

The company operates primarily in the Gases and Power segments. The Gases segment reported a profit before tax and interest of ₹340.39 lakh for the quarter ended March 31, 2026, compared to ₹4.20 lakh in the same period last year. For the full year, the Gases segment recorded a profit of ₹299.32 lakh, recovering from a loss of ₹73.90 lakh in FY25. The Power segment reported a profit of ₹40.91 lakh for the year, up from ₹35.22 lakh in the previous year.

Financial Metric (₹ in Lakhs)	Year Ended 31-03-2026	Year Ended 31-03-2025
Total Income	518.95	167.64
Revenue from Operations	48.67	81.00
Other Income	468.28	86.64
Total Expenses	181.99	218.55
Net Profit for the Period	328.81	(45.09)
Earnings Per Share (Basic)	14.13	(1.95)

Assets and Liabilities

The company's total assets as of March 31, 2026, stood at ₹1,039.16 lakh, a decrease from ₹1,113.34 lakh in the previous year. Non-current assets increased to ₹826.19 lakh from ₹721.63 lakh, largely due to an increase in investments and other financial assets. Current assets decreased to ₹212.97 lakh from ₹391.71 lakh, primarily due to a reduction in trade receivables. Total equity and liabilities stood at ₹1,039.16 lakh, with total equity rising to ₹725.22 lakh from ₹397.07 lakh in the prior year.

Regulatory Disclosures

The financial results were reviewed and recommended by the Audit Committee and approved by the Board of Directors. The statutory auditors, Chaturvedi & Co LLP, issued an audit report stating that the financial results give a true and fair view and are in conformity with Indian Accounting Standards. The report also confirmed that the audit report on the financial statements does not contain any modified opinion. The results are subject to limited review as required under the Listing Regulations.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
+7.30%	-0.31%	-2.53%	-16.43%	-42.41%	+0.84%

Bhagawati Oxygen Limited has filed its mandatory annual disclosure with BSE Limited, confirming that the company does not qualify as a "Large Corporate" under the regulatory framework established by SEBI. The disclosure pertains to the financial year ended 31.03.2026 and ensures compliance with established regulatory requirements.

Regulatory Compliance Disclosure

The company submitted its annual disclosure on 14.04.2026 in accordance with SEBI circular SEBI/HO/DDHS/CIR/P/2018/144 dated 26.11.2018. This circular establishes the framework for identifying and categorizing large corporates in the Indian market.

Disclosure Details:	Information
Filing Date:	14.04.2026
Financial Year:	Ended 31.03.2026
SEBI Circular Reference:	SEBI/HO/DDHS/CIR/P/2018/144
Circular Date:	26.11.2018
Company Status:	Does not fall under Large Corporate category

Company Communication

The disclosure was formally communicated to BSE Limited's Corporate Relationship Department at their Mumbai office. Company Secretary Ritu Damani signed the communication on behalf of Bhagawati Oxygen Limited from the company's registered office at 67, Park Street, Kolkata.

Regulatory Framework Context

The SEBI circular SEBI/HO/DDHS/CIR/P/2018/144 establishes specific criteria for determining Large Corporate status. Companies are required to make annual disclosures regarding their classification under this framework. Bhagawati Oxygen Limited's confirmation that it does not meet the Large Corporate criteria indicates the company operates below the thresholds specified in the regulatory framework.

Corporate Governance

This annual disclosure demonstrates the company's commitment to regulatory compliance and transparent communication with stock exchanges. The timely filing ensures adherence to SEBI's disclosure requirements and maintains the company's good standing with regulatory authorities. Such disclosures are essential components of corporate governance practices in the Indian capital markets.