Ceenik Exports FY26 net loss widens to ₹940.82 lakh

1 min read     Updated on 22 May 2026, 09:48 PM
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Ceenik Exports (India) Limited reported a widened net loss of ₹940.82 lakh for the financial year ended March 31, 2026, up from ₹501.49 lakh in the previous year. Total income from operations was negative ₹752.01 lakh, driven by a loss of ₹967.94 lakh in the derivative trading segment, while the Realty & Investments segment posted a profit of ₹127.91 lakh. The Board approved the audited financial results on May 22, 2026, appointed Mr. Sunil Powar as Internal Auditor and Mr. Nitin Narain Hingorani as an Additional Director, and sanctioned alterations to the Memorandum of Association to include proprietary trading and real estate development.

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Ceenik Exports (India) Limited has announced its audited financial results for the financial year ended March 31, 2026, reporting a widened net loss. The company recorded a net loss of ₹940.82 lakh for FY26, an increase from the net loss of ₹501.49 lakh in the previous year ended March 31, 2025.

Financial Performance

The company's total income from operations for the year was reported at a negative ₹752.01 lakh, compared to a negative ₹204.34 lakh in the prior year. This figure includes other income from realty and investments, which stood at ₹215.93 lakh, down from ₹1,602.28 lakh in FY25. The derivative trading business segment reported a loss of ₹967.94 lakh for the year, compared to a loss of ₹1,806.62 lakh in the previous year.

Total expenses for the year decreased to ₹184.42 lakh from ₹294.00 lakh in the previous year. The profit before tax for the year was a loss of ₹936.43 lakh, compared to a loss of ₹498.34 lakh in FY25.

Quarterly Results

For the quarter ended March 31, 2026, the company reported a net loss of ₹488.72 lakh. Total income from operations for the quarter was a negative ₹420.26 lakh, while total expenses amounted to ₹64.07 lakh.

Segment Results

The company operates in segments including Realty & Investments and Derivative Trading. The garment segment was discontinued with effect from April 1, 2025. The Realty & Investments segment reported a profit of ₹127.91 lakh for the year, while the Derivative Trading Business reported a loss of ₹967.94 lakh.

Metric Year Ended 31-03-2026 (₹ in Lakhs) Year Ended 31-03-2025 (₹ in Lakhs)
Net Profit/(Loss) (940.82) (501.49)
Total Income from Operations (752.01) (204.34)
Total Expenses 184.42 294.00
Profit Before Tax (936.43) (498.34)

Board Decisions

The Board of Directors, in its meeting held on May 22, 2026, approved the audited financial statements and results. Additionally, the board appointed Mr. Sunil Powar as the Internal Auditor for the financial year 2026-27 and Mr. Nitin Narain Hingorani as an Additional Director (Executive), subject to shareholder approval. The board also approved the alteration of the Main Object Clause of the Memorandum of Association to include proprietary trading in derivative instruments and real estate development.

Historical Stock Returns for Ceenik Exports

1 Day5 Days1 Month6 Months1 Year5 Years
+3.60%-7.77%-20.97%-42.45%-64.23%+4,739.77%

Will the formal inclusion of proprietary derivative trading in Ceenik Exports' Memorandum of Association attract regulatory scrutiny from SEBI, and how might this affect the company's operational strategy going forward?

Given the sharp decline in other income from realty and investments (from ₹1,602.28 lakh to ₹215.93 lakh), what is the outlook for the company's real estate asset portfolio and its ability to generate stable revenue in FY27?

With consecutive years of widening net losses and negative total income from operations, what restructuring measures or capital infusion strategies might Ceenik Exports pursue to avoid potential solvency concerns?

Ceenik Exports (India) Ltd. Schedules Board Meeting on May 22, 2026 to Approve FY26 Audited Financial Results

1 min read     Updated on 13 May 2026, 04:30 PM
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Ceenik Exports (India) Ltd. has notified the BSE of a Board of Directors meeting scheduled for May 22, 2026, under Regulation 29 of the SEBI (LODR) Regulations, 2015. The board will consider and approve the standalone audited financial results for the year ended March 31, 2026, along with the Auditors' Report. The company's Trading Window for equity share dealings has been closed from April 01, 2026, until 48 hours after the financial results are communicated to the stock exchange.

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Ceenik Exports (India) Ltd., a Mumbai-based manufacturer and exporter of fashion garments with interests in realty and investments, has notified the BSE of an upcoming Board of Directors meeting. The intimation, dated May 13, 2026, was filed pursuant to Regulation 29 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Board Meeting Details

The meeting of the Board of Directors has been scheduled for Friday, May 22, 2026. The key agenda items to be considered and approved at the meeting are outlined below:

Agenda Item: Details
Meeting Date: Friday, May 22, 2026
Regulatory Reference: Regulation 29, SEBI (LODR) Regulations, 2015
Primary Agenda: Standalone Audited Financial Results for the year ended March 31, 2026, along with Auditors' Report
Additional Agenda: Any other matter with the permission of the Chair

Trading Window Closure

In accordance with the company's Code of Conduct for the prevention of Insider Trading, framed under the Securities and Exchange Board of India (Prohibition of Insider Trading) Regulations, 2015, the Trading Window for dealing in the equity shares of Ceenik Exports has been closed. The closure is effective from April 01, 2026 and will remain in force until 48 hours after the communication of the financial results for the financial year ended March 31, 2026, to the stock exchange.

The intimation was signed by Narain Nanik Hingorani, Managing Director (DIN: 00275453), on May 13, 2026.

Historical Stock Returns for Ceenik Exports

1 Day5 Days1 Month6 Months1 Year5 Years
+3.60%-7.77%-20.97%-42.45%-64.23%+4,739.77%

How might Ceenik Exports' FY2026 audited financial results reflect the performance of its fashion garments export segment amid global trade uncertainties and shifting textile demand?

Will the board consider any strategic announcements — such as dividend declarations, capital raising, or realty asset monetization — alongside the financial results on May 22, 2026?

How could Ceenik Exports' diversified interests in realty and investments influence its standalone financial performance compared to its core garment export business?

More News on Ceenik Exports

1 Year Returns:-64.23%