Elegant Floriculture & Agrotech (India) Limited reported a substantial increase in revenue for the financial year ended March 31, 2026, driven by trading activities. The company’s revenue from operations surged to ₹16,003.19 lakh in FY26, a sharp rise from ₹128.93 lakh in the previous year. This performance resulted in a net profit of ₹213.98 lakh for the year, compared to ₹115.92 lakh in FY25.

The Board of Directors approved the audited standalone financial results at a meeting held on May 22, 2026. The statutory auditor, Sarang Shivajirao Chavan and Associates, issued an unmodified opinion on the financial results. However, the auditor drew attention to uncertainties regarding the balance of trade receivables, trade payables, and loans, noting that audit procedures could not completely verify the accuracy or recoverability of these balances.

For the quarter ended March 31, 2026, the company reported a total income of ₹0 lakh, with a net loss of ₹7.21 lakh. In contrast, the corresponding quarter in the previous year saw a total income of ₹58.64 lakh and a net profit of ₹12.45 lakh. The decline in quarterly performance was attributed to specific operational factors during the period.

The company’s total assets stood at ₹18,983.14 lakh as of March 31, 2026, up from ₹3,293.71 lakh in the prior year. This increase was largely due to a significant rise in trade receivables, which reached ₹16,026.42 lakh. Equity and liabilities also increased, with total current liabilities rising to ₹15,649.87 lakh.

Financial Performance Summary

Key Metrics

The company confirmed that it operates in a single segment involving trading activities and does not have any subsidiaries, joint ventures, or associate companies as of March 31, 2026. The financial results were prepared in compliance with Indian Accounting Standards (Ind AS) and the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Elegant Floriculture & Agrotech (India) Limited has reported its audited standalone financial results for the year ended March 31, 2026. The board of directors approved the results during a meeting held on May 22, 2026. The company's revenue from operations for the fiscal year surged to ₹16,003.19 lacs, compared to ₹128.93 lacs in the previous year.

For the full year, the company recorded a net profit of ₹213.98 lacs, a substantial increase from ₹115.92 lacs in the prior year. Profit before tax for the year stood at ₹284.34 lacs. Total income for FY26 reached ₹16,003.19 lacs, while total expenses were reported at ₹15,718.85 lacs. The earnings per share (EPS) for the year improved to ₹1.09 from ₹0.58 in the previous year.

Financial Performance

The financial statements highlight a significant turnaround in the company's trading activities. For the quarter ended March 31, 2026, the company reported a net loss of ₹7.21 lacs, with revenue from operations at ₹0.00 lacs. The auditor, M/s. Sarang Shivajirao Chavan and Associates, issued an unmodified opinion on the audited standalone financial results.

The board meeting commenced at 06:00 PM and concluded at 06:30 PM on May 22, 2026. The financial results have been reviewed by the Audit Committee and are prepared in compliance with Indian Accounting Standards (Ind AS) and SEBI regulations.