Binayak Tex reports FY26 profit, adopts actuarial valuation
Binayak Tex Processors Limited reported a net profit of ₹247.53 lakh for FY26, against a net loss of ₹95.11 lakh in Q4FY26 due to exceptional items. The Board approved the audited results on May 25, 2026, and appointed Sark and Associates LLP as Secretarial Auditor. The company adopted an actuarial valuation basis for gratuity, incurring a one-time cost of ₹269.13 lakh.
*this image is generated using AI for illustrative purposes only.
Binayak Tex Processors Limited reported a net profit of ₹247.53 lakh for the financial year ended March 31, 2026, while recording a net loss of ₹95.11 lakh for the quarter ended March 31, 2026. The company's Board approved the audited financial results for the quarter and year ended March 31, 2026, during a meeting held on May 25, 2026. The statutory auditors, M/s. Sundarlal Desai & Kanodia, issued an unmodified opinion on the standalone financial statements.
The financial performance for the year was impacted by exceptional items totaling ₹269.13 lakh, arising from the recognition of past service costs related to gratuity liabilities. This change follows the company's adoption of the actuarial valuation basis for accounting gratuity liability for the first time, replacing the earlier cash basis method. The adjustment was made to align with the requirements of applicable Accounting Standards and new labour codes introduced by the Ministry of Labour & Employment.
Revenue from operations for the current year stood at ₹24,989.29 lakh, an increase from ₹22,153.03 lakh in the previous year. For the quarter ended March 31, 2026, revenue from operations was ₹6,260.94 lakh. Total expenses for the year rose to ₹24,453.35 lakh from ₹21,843.71 lakh in the prior year. The Board also appointed Sark and Associates LLP as the Secretarial Auditor of the company.
Financial Results for FY26
| Particulars | Year Ended 31.03.2026 (₹ in Lakhs) | Year Ended 31.03.2025 (₹ in Lakhs) |
|---|---|---|
| Revenue from Operations | 24,989.29 | 22,153.03 |
| Total Revenue | 25,136.66 | 22,292.10 |
| Total Expenses | 24,453.35 | 21,843.71 |
| Profit before Exceptional Items & Tax | 683.31 | 448.39 |
| Exceptional Items | 269.13 | - |
| Profit before Tax | 414.18 | 448.39 |
| Net Profit for the Period | 247.53 | 278.12 |
Quarterly Performance Comparison
| Particulars | Quarter Ended 31.03.2026 (₹ in Lakhs) | Quarter Ended 31.03.2025 (₹ in Lakhs) |
|---|---|---|
| Revenue from Operations | 6,260.94 | 5,823.39 |
| Total Revenue | 6,299.91 | 5,863.66 |
| Total Expenses | 6,249.72 | 5,460.37 |
| Net Profit for the Period | (95.11) | 190.51 |
| Basic EPS (₹) | (13.37) | 26.78 |
The company's assets as of March 31, 2026, totaled ₹21,851.61 lakh, compared to ₹21,490.35 lakh in the previous year. Equity share capital remained unchanged at ₹71.13 lakh. The auditor's report highlighted that the company used accounting software systems with audit trail features throughout the year, with no instances of tampering observed.
Historical Stock Returns for Binayak Tex Processors
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| 0.0% | -5.57% | -8.60% | -29.87% | -20.93% | +293.52% |
How will the transition to an actuarial valuation basis impact future cash flows and periodic gratuity liabilities?
What strategies will the company implement to reverse the quarterly net loss trend and improve Q4 profitability?
Can the sustained year-over-year revenue growth be maintained given the rising total expenses?
15
Access 50+ Readymade Screeners 
Use 200+ Custom Filters 
Get Full Market Insights 
