Contil India FY26 net profit declines to ₹22.86 crore

2 min read     Updated on 29 May 2026, 12:42 AM
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Contil India reported a decline in net profit to ₹22.86 crore for FY26, despite a marginal increase in total revenue to ₹33.41 crore. The statutory auditors issued a qualified opinion due to the absence of actuarial valuations for employee benefits and incomplete transfer pricing documentation.

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Contil India Ltd reported a net profit of ₹22.86 crore for the financial year ended March 31, 2026, a decline from ₹25.29 crore in the previous year. Total revenue for FY26 stood at ₹33.41 crore, compared to ₹33.28 crore in FY25, while total expenses increased to ₹30.39 crore from ₹29.93 crore. The Board of Directors approved the audited standalone financial results at its meeting held on May 28, 2026.

For the quarter ended March 31, 2026, the company reported a net profit of ₹4.50 crore, a slight increase from ₹4.39 crore in the corresponding period of the previous year. Quarterly revenue rose to ₹7.66 crore from ₹7.17 crore in Q4FY25. Basic earnings per share for the year were recorded at ₹1.48, down from ₹1.63 in the prior year.

Financial Performance

The company's financial statements for FY26 reflect a mixed performance with growth in quarterly revenue but a contraction in annual profitability. The table below summarizes the key financial metrics for the quarter and year ended March 31, 2026.

Metric Quarter Ended 31-03-2026 (₹ in '000) Year Ended 31-03-2026 (₹ in '000) Year Ended 31-03-2025 (₹ in '000)
Revenue From Operations 71605.31 316261.89 325706.89
Total Revenue 76596.72 334144.71 332770.67
Total Expenses 71130.66 303868.24 299315.70
Net Profit for the period 4500.98 22860.68 25289.74
Basic EPS (₹) 0.29 1.48 1.63

Auditor's Qualified Opinion

P. Indrajit & Associates, the statutory auditors, issued a qualified opinion on the standalone Ind-AS financial statements. The qualification arises primarily because the company did not conduct an actuarial valuation of its defined benefit obligations for gratuity and leave encashment as required by Ind AS-19. Consequently, employee benefit liabilities, deferred tax assets or liabilities, and related expenses remain unstated, making the financial impact of this non-compliance indeterminable.

Additionally, the auditors noted an investment in Contil Canada Limited carried at a cost of ₹36.73 lakh, where the absence of relevant documents prevented the assessment of potential impairment or valuation adjustments. The auditors also highlighted that the company entered into material international transactions with associate entities but had not yet completed the necessary transfer pricing documentation, precluding a comment on the adequacy of related disclosures.

Management Response

In its response to the audit qualifications, the management stated that the company has fewer than 10 employees and therefore the lack of actuarial valuation has no material impact, noting that a 'Click 2 retire' policy has been taken from HDFC. Regarding the investment in Contil Canada, the management asserted it is an Overseas Direct Investment approved by the RBI since 2007 and is carried at cost, with no material impact perceived. The company also confirmed that international transactions were conducted at arm's length prices and that necessary transfer pricing compliances would be completed by the due date.

Historical Stock Returns for Contil

1 Day5 Days1 Month6 Months1 Year5 Years
-3.89%-0.42%-12.05%-14.26%-27.18%+1,080.90%

What are the potential financial penalties or restatement risks if Contil India fails to complete the required actuarial valuation and transfer pricing documentation by the regulatory deadlines?

How will the lack of actuarial data on employee benefit obligations impact the company's ability to accurately forecast future liabilities and deferred tax assets?

What steps is management taking to gather the missing documents for Contil Canada Limited to assess potential impairment risks?

Contil India Limited Schedules Board Meeting on May 28, 2026 to Approve Q4FY26 Audited Financial Results

1 min read     Updated on 17 May 2026, 10:57 AM
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Contil India Limited has informed BSE of a Board of Directors meeting scheduled for May 28, 2026, to consider and approve audited financial results for the quarter and year ended March 31, 2026, under Regulation 29 of SEBI (LODR) Regulations, 2015. The Trading Window for the company's securities remains closed for Directors, Officers, and designated employees from April 01, 2026, and will stay closed until 48 hours after the declaration of the audited results. The intimation was filed on May 16, 2026, and signed by Company Secretary Priya Agrawal.

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Contil India Limited has notified the BSE of an upcoming Board of Directors meeting, pursuant to Regulation 29 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The intimation, dated May 16, 2026, confirms that the board meeting is scheduled for Thursday, May 28, 2026.

Board Meeting Agenda

The primary agenda for the scheduled board meeting is the consideration and approval of the company's audited financial results. The following details outline the key parameters of the meeting:

Parameter: Details
Meeting Date: Thursday, May 28, 2026
Purpose: Consideration and approval of Audited Financial Results
Period Under Review: Quarter and year ended March 31, 2026
Regulatory Basis: Regulation 29 of SEBI (LODR) Regulations, 2015
Intimation Date: May 16, 2026

Trading Window Closure

In accordance with applicable regulations, Contil India Limited has also disclosed the status of its Trading Window for securities transactions. The Trading Window is currently closed for Directors, Officers, and designated employees of the company, with the closure effective from April 01, 2026. It will continue to remain closed until 48 hours after the declaration of the audited financial results for the quarter and year ended March 31, 2026.

The intimation was signed by Priya Agrawal, Company Secretary (M No. A58697), on behalf of Contil India Limited.

Historical Stock Returns for Contil

1 Day5 Days1 Month6 Months1 Year5 Years
-3.89%-0.42%-12.05%-14.26%-27.18%+1,080.90%

How have Contil India Limited's financial results trended over the past few quarters, and what growth metrics are analysts expecting for FY2026?

Will the board consider any dividend declaration or capital allocation decisions alongside the audited financial results at the May 28 meeting?

How might the release of Contil India Limited's FY2026 annual results impact investor sentiment and trading volumes once the Trading Window reopens?

More News on Contil

1 Year Returns:-27.18%