Bindal Exports returned to profitability in the financial year ended March 31, 2026, reporting a net profit of ₹28.10 lakh compared to a net loss of ₹98.60 lakh in the previous year. The turnaround was driven by a reduction in finance costs, which fell to ₹2.20 lakh from ₹27.22 lakh, and a decrease in other expenses. Revenue from operations for the year stood at ₹2,247.07 lakh, a decrease from ₹2,700.58 lakh in FY25. The Board of Directors approved the audited standalone financial results at its meeting held on May 30, 2026.

For the half year ended March 31, 2026, the company reported a net profit of ₹3.85 lakh on a total revenue of ₹972.93 lakh. In comparison, the half year ended September 30, 2025, recorded a net profit of ₹24.26 lakh with total revenue of ₹1,274.47 lakh. Total expenditure for the full year decreased to ₹2,214.09 lakh from ₹2,657.98 lakh in the prior year. The company’s earnings per share (EPS) for the year improved to ₹0.61 from a negative ₹2.14 in FY25.

Financial Performance

The statement of standalone audited financial results highlights the company's improved bottom line despite lower top-line growth. Key operational metrics for the year ended March 31, 2026, include:

Balance Sheet and Cash Flows

The company’s total assets increased to ₹1,188.48 lakh as of March 31, 2026, up from ₹1,079.90 lakh in the previous year. Inventories rose significantly to ₹374.61 lakh from ₹201.04 lakh, while trade receivables decreased. Cash and cash equivalents improved to ₹134.38 lakh from ₹59.37 lakh. Net cash generated from operating activities for the year was ₹169.67 lakh, a substantial increase from ₹309.30 lakh utilized in the previous year.

Auditor’s Observations

Rajesh Bhauwala & Co., Chartered Accountants, issued a qualified opinion on the financial results. The auditors noted that the company did not ascertain liability towards gratuity through actuarial valuation, nor did it make provisions for leave salary and bonus on an accrual basis. Consequently, the impact of these items on the company's profits or losses could not be ascertained. The auditors stated that these practices represent a departure from applicable accounting standards, specifically AS 15 - Employee Benefits.

bindal exports has announced that its Board of Directors will meet on Saturday, May 30, 2026. The meeting has been convened in accordance with Regulation 29 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The primary agenda for the board meeting is to consider and approve the audited financial statements for the quarter and year ended March 31, 2026. Additionally, the board will discuss any other matters that may arise with the permission of the Chairperson.

Meeting Details

The following table outlines the key details regarding the upcoming board meeting:

The intimation regarding this board meeting has been hosted on the company's official website. Bindal Exports Limited is headquartered at Plot No. 270, Bindal House, Surat Kadodara Road, Near Kumbharia Bus Stand, Kumbharia, Surat – 395010, Gujarat.