Fonebox Retail promoters hold 73.41% stake in FY26

2 min read     Updated on 21 Jun 2026, 11:20 AM
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Anirudha BScanX News Team
AI Summary

Fonebox Retail disclosed that its promoters and promoter group held 75,32,000 equity shares, representing 73.41% of the total paid-up equity share capital as on March 31, 2026. Amitkumar G. Patel confirmed that no shares were encumbered during the financial year ended March 31, 2026.

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Fonebox Retail disclosed that its promoters and promoter group collectively held 73.41% of the total paid-up equity share capital as on March 31, 2026. The filing confirms that the group held 75,32,000 equity shares and that no shares were encumbered during the financial year ended March 31, 2026.

The disclosure was submitted by Amitkumar G. Patel, a promoter and representative of the promoters and promoter group, to the National Stock Exchange of India. The submission was made in compliance with Regulation 31(4) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

Shareholding Breakdown

The detailed shareholding pattern indicates that Manishbhai Girishbhai Patel holds the largest individual stake among the promoters at 17.91%. The promoter group includes several members with smaller holdings, contributing to the aggregate promoter and promoter group holding of 73.41%.

Name Category Shares Held % of Total Capital
Manishbhai Girishbhai Patel Promoter 18,37,500 17.91
Jigar Lallubhai Desai Promoter 12,36,750 12.05
Parth Lallubhai Desai Promoter 12,36,750 12.05
Jigneshkumar Dashrathlal Parekh Promoter 2,94,000 2.87
Amitkumar Gopalbhai Patel Promoter 2,75,625 2.69
Vijay Lalsingh Yadav Promoter Group 3,67,500 3.58
Chandresh Dashrathbharthi Swami Promoter Group 3,21,566 3.13
Krunal Bhagvanbhai Patel Promoter Group 3,21,559 3.13
Arvindkumar Ranchhodbhai Patel Promoter Group 2,94,000 2.87
Somesh Chandreshkumar Patani Promoter Group 1,83,750 1.79
Rajnikant Jayantilal Barot Promoter Group 1,83,750 1.79
Pranav Rajnikant Patel Promoter Group 1,83,750 1.79
Harshkumar Bhupendrabhai Kotak Promoter Group 1,83,750 1.79
Arti Sanjeev Kumar Promoter Group 1,83,750 1.79
Dhrumil Dineshbhai Patel Promoter Group 1,47,000 1.43
Dhaval Dineshkumar Patel Promoter Group 1,47,000 1.43
Rushi Manishkumar Patel Promoter Group 95,000 0.93
Lallubhai Arjanbhai Desai Promoter Group 18,000 0.18
Bhagwatiben Lallubhai Desai Promoter Group 21,000 0.20
Total 75,32,000 73.41

The declaration, signed on April 6, 2026, affirmed that the information provided is true and correct. The filing was submitted by Krusha Harshadbhai Chhatbar, Company Secretary & Compliance Officer of Fonebox Retail.

Historical Stock Returns for Fonebox Retail

1 Day5 Days1 Month6 Months1 Year5 Years
0.0%-4.73%-16.67%-18.99%-14.96%-65.48%

Does the high promoter concentration of 73.41% suggest potential plans for delisting or a reduction of stake to increase public float?

With no shares encumbered, is the promoter group considering pledging holdings to raise capital for future expansion?

How might the fragmented nature of the promoter group holdings impact succession planning and decision-making stability?

Fonebox Retail FY26 net profit rises 49.6% to ₹680.05 lakh

2 min read     Updated on 01 Jun 2026, 10:17 PM
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Shriram SScanX News Team
AI Summary

Fonebox Retail Limited reported a 49.6% increase in net profit to ₹680.05 lakh for FY26, with revenue rising 56.1% to ₹53,507.77 lakh. The Board approved the audited results on May 30, 2026, receiving an unmodified opinion from statutory auditors. Total assets grew to ₹13,309.43 lakh, and the trading window for insiders reopens on June 02, 2026.

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Fonebox Retail Limited reported a 49.6% rise in net profit to ₹680.05 lakh for the financial year ended March 31, 2026, driven by a 56.1% increase in revenue from operations to ₹53,507.77 lakh. The company's Board of Directors approved the audited financial results for the year and the half-year ended March 31, 2026, during a meeting held on May 30, 2026. R K Kotadiya and Co LLP, the statutory auditors, issued an audit report with an unmodified opinion on the annual financial results.

Revenue from operations for the year grew from ₹34,273.26 lakh in the previous year, while total income stood at ₹53,507.77 lakh. The company reported a profit before tax of ₹946.47 lakh for FY26, compared to ₹630.13 lakh in the prior year. Earnings per share (basic and diluted) increased to ₹6.63 from ₹4.43 in the corresponding period last year.

Financial Performance

The company's expenses for the year totaled ₹52,561.30 lakh, up from ₹33,644.30 lakh in FY25. Purchases of stock in trade rose to ₹51,075.73 lakh from ₹31,729.92 lakh, while employee benefit expenses increased to ₹506.81 lakh from ₹338.77 lakh. Finance costs for the year amounted to ₹55.17 lakh, compared to ₹28.20 lakh in the previous year.

Particulars For Year ended 31-03-2026 (Audited) For Year ended 31-03-2025 (Audited)
Revenue from Operations ₹53,507.77 lakh ₹34,273.26 lakh
Total Income ₹53,507.77 lakh ₹34,274.43 lakh
Total Expenses ₹52,561.30 lakh ₹33,644.30 lakh
Profit Before Tax ₹946.47 lakh ₹630.13 lakh
Net Profit ₹680.05 lakh ₹454.59 lakh
Earnings Per Share (Basic) ₹6.63 ₹4.43

Balance Sheet and Cash Flows

The company's total assets as of March 31, 2026, stood at ₹13,309.43 lakh, an increase from ₹8,458.93 lakh in the previous year. Inventories constituted a significant portion of current assets at ₹7,211.74 lakh, while cash and cash equivalents rose to ₹2,850.83 lakh from ₹2,210.61 lakh. Shareholders' funds increased to ₹4,129.73 lakh from ₹3,449.67 lakh.

Cash flow from operating activities generated ₹1,120.15 lakh, compared to ₹602.64 lakh in the prior year. The company utilized ₹93.97 lakh in investing activities, primarily for the purchase of property, plant, and equipment. Financing activities resulted in a net outflow of ₹385.96 lakh, largely due to the repayment of short-term borrowings.

Procedural Details

The Board meeting commenced at 4.00 p.m. IST and concluded at 6.00 p.m. IST. In accordance with SEBI regulations, the trading window for dealing in the company's shares will reopen for promoters, connected persons, and designated persons on June 02, 2026. The financial results have been prepared in accordance with the Accounting Standards specified under Section 133 of the Companies Act, 2013.

Historical Stock Returns for Fonebox Retail

1 Day5 Days1 Month6 Months1 Year5 Years
0.0%-4.73%-16.67%-18.99%-14.96%-65.48%

Can the company sustain this 56% revenue growth rate in the next fiscal year given the rising inventory levels?

How will the increase in finance costs impact future profitability if interest rates remain elevated?

What capital allocation strategies does the Board plan to pursue with the increased cash reserves?

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