Bombay Potteries turns profitable in FY26 with ₹6.36 lakh net income
Bombay Potteries & Tiles Limited reported a net profit of ₹6.36 lakh for FY26, driven by other income of ₹51.80 lakh despite zero operational revenue. The company reversed a prior-year loss of ₹1.08 crore, though it maintains a negative equity position of ₹89.53 lakh and significant short-term borrowings.
*this image is generated using AI for illustrative purposes only.
Bombay Potteries & Tiles Limited has returned to profitability for the financial year ended March 31, 2026 (FY26), reporting a net profit of ₹6.36 lakh compared to a net loss of ₹1.08 crore in FY25. The Board of Directors approved the audited standalone financial results on August 5, 2026, marking a significant reversal from the previous year’s deficit. Despite recording zero revenue from operations, the company generated total income of ₹51.80 lakh primarily through other income sources, which offset operating expenses and enabled the positive bottom line.
The filing, submitted to the Bombay Stock Exchange under Regulation 30 and Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, includes an unmodified audit opinion from statutory auditors M/s JPKD & CO LLP. The declaration confirms that the financial statements present a true and fair view of the company’s affairs in conformity with Indian Accounting Standards (Ind AS). No dividend was declared or paid during the year.
Key Financial Disclosures
The company’s financial performance for FY26 reflects a distinct separation between operational activity and non-operational gains. While core business operations remained dormant, other income provided the necessary cushion to cover costs.
| Particulars | Q4 FY26 (₹ Lacs) | Q4 FY25 (₹ Lacs) | FY26 (₹ Lacs) | FY25 (₹ Lacs) |
|---|---|---|---|---|
| Revenue from Operations | 0.00 | 0.00 | 0.00 | 0.00 |
| Other Income | 0.00 | 0.00 | 51.80 | 0.00 |
| Total Income | 0.00 | 0.00 | 51.80 | 0.00 |
| Total Expenses | 14.47 | 15.89 | 45.44 | 107.93 |
| Net Profit/(Loss) | (14.47) | (15.89) | 6.36 | (107.93) |
| EPS (Basic) | (11.13) | (12.22) | 4.89 | (83.02) |
Note: Figures are in Indian Rupees in Lakhs unless otherwise stated.
What the Numbers Show
The return to profitability is entirely driven by non-operational factors rather than core business revival. With zero sales from operations in both FY25 and FY26, the company’s earnings per share improved from a loss of ₹83.02 to a gain of ₹4.89 solely due to other income of ₹51.80 lakh recognized in FY26. This contrasts sharply with FY25, where other income was nil, resulting in a substantial loss driven by employee costs of ₹7.62 lakh and other expenditure of ₹100.31 lakh.
While the company recorded a modest operating cash flow of ₹3.24 lakh in FY26, its balance sheet continues to reflect accumulated losses. As of March 31, 2026, the company’s total equity stood at negative ₹89.53 lakh, down from negative ₹95.89 lakh in the prior year. The auditor highlighted the assessment of going concern as a key audit matter, noting that while operations have recommenced, they have yet to stabilize. The company holds short-term borrowings of ₹182.39 lakh, indicating continued reliance on debt financing amidst the transition phase.
What specific operational milestones must Bombay Potteries achieve to generate revenue from its core business in the upcoming fiscal year?
How does the company plan to manage its short-term borrowings of ₹182.39 lakh while maintaining negative equity and zero operational cash flow?
Given the auditor's 'going concern' assessment, what strategic measures is the board implementing to stabilize operations and secure long-term viability?
19
Access 50+ Readymade Screeners 
Use 200+ Custom Filters 
Get Full Market Insights 
