Gajanand International returns to profitability in FY26

1 min read     Updated on 21 Jun 2026, 05:11 PM
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Suketu GScanX News Team
AI Summary

Gajanand International returned to profitability in FY26 with a net profit of ₹4.04 lakh, reversing the previous year's loss of ₹77.50 lakh. Total revenue for the year declined to ₹7,523.44 lakh from ₹9,511.69 lakh in FY25. The auditors issued an unmodified opinion but noted limitations in the physical verification of inventory.

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Gajanand International returned to profitability in the financial year ended March 31, 2026, reporting a net profit of ₹4.04 lakh compared to a loss of ₹77.50 lakh in the previous year. The company's total revenue for FY26 stood at ₹7,523.44 lakh, a decrease from ₹9,511.69 lakh in the prior year. Total expenses for the period were ₹7,519.33 lakh, down from ₹9,459.30 lakh in FY25.

The Board of Directors approved the audited standalone financial statements for the half-year and year ended March 31, 2026, at a meeting held on May 25, 2026. M/s. H.B. Kalaria & Associates, Chartered Accountants, issued an audit report with an unmodified opinion. However, the auditors noted an emphasis of matter regarding the physical verification of inventory, which could not be attended due to practical limitations. Alternative audit procedures were performed to obtain reasonable assurance regarding inventory valuation.

Financial Performance

The company's revenue from operations for the full year was ₹7,519.17 lakh, a decline from ₹9,506.40 lakh in the previous year. For the half-year ended March 31, 2026, revenue from operations was ₹5,720.40 lakh. Other income for the year was ₹4.27 lakh. The profit before tax for FY26 was ₹4.11 lakh, compared to ₹52.39 lakh in the prior year.

Metric FY26 (₹ in Lacs) FY25 (₹ in Lacs)
Revenue from operations 7,519.17 9,506.40
Total revenue 7,523.44 9,511.69
Total expenses 7,519.33 9,459.30
Profit before tax 4.11 52.39
Net profit 4.04 35.55
Earnings per share (Basic) 0.02 0.22

Board Appointments and Compliance

The Board appointed Mrs. Sweta Yash Khokhariya as the Internal Auditor of the company for F.Y. 2026-27. The Board also took note of the compliances submitted with the stock exchange for the half-year and year ended March 31, 2026. The company's operations fall under a single segment, "Ginning & Pressing and Trading of Cotton," making segment reporting inapplicable.

Asset and Liability Position

As of March 31, 2026, the company's total assets were ₹4,830.30 lakh, compared to ₹4,674.86 lakh in the previous year. Inventories constituted the largest portion of current assets at ₹3,881.25 lakh. Shareholders' funds stood at ₹3,704.01 lakh, comprising share capital of ₹1,883.56 lakh and reserves and surplus of ₹1,820.45 lakh.

Historical Stock Returns for Gajanand International

1 Day5 Days1 Month6 Months1 Year5 Years
-1.84%-2.44%-11.11%-24.53%-37.74%-79.95%

What strategies will the company implement to reverse the decline in revenue from operations given the significant drop year-over-year?

How does the company plan to address the practical limitations that prevented the physical verification of inventory to avoid future audit qualifications?

With inventories making up over 80% of current assets, are there plans to optimize working capital or reduce stock levels to improve liquidity?

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Gajanand International returns to profit in FY26

2 min read     Updated on 26 May 2026, 10:04 AM
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Reviewed by
Suketu GScanX News Team
AI Summary

Gajanand International reported a net profit of ₹4.04 lakh for FY26, a sharp decline from ₹35.55 lakh in the previous year, as revenue from operations fell to ₹7,519.17 lakh. The statutory auditor issued an unmodified opinion but noted limitations in verifying physical inventory. The Board appointed Mrs. Sweta Yash Khokhariya as Internal Auditor for the upcoming fiscal year.

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Gajanand International returned to profitability in the financial year ended March 31, 2026, reporting a net profit of ₹4.04 lakh against a net profit of ₹35.55 lakh in the previous year. The company’s revenue from operations declined to ₹7,519.17 lakh for FY26, down from ₹9,506.40 lakh in the prior year. The Board of Directors approved the audited standalone financial statements for the half-year and year ended March 31, 2026, at a meeting held on May 25, 2026.

The statutory auditor, M/s. H.B. Kalaria & Associates, issued an unmodified opinion on the financial results. However, the auditor included an emphasis of matter noting that physical verification of inventory could not be attended due to practical limitations. The auditor relied on alternative procedures, including the examination of purchase and sales records, and the management’s basis for valuation.

For the half-year ended March 31, 2026, the company reported a net loss of ₹4.92 lakh on a total revenue of ₹5,722.68 lakh. Total expenses for the half-year amounted to ₹5,729.43 lakh. In comparison, the half-year ended March 31, 2025, saw a net loss of ₹77.50 lakh on total revenue of ₹5,162.49 lakh.

Financial Performance for FY26

The company’s operational metrics for the full year show a contraction in top-line growth. Total revenue for FY26 was ₹7,523.44 lakh, compared to ₹9,511.69 lakh in FY25. Total expenses decreased to ₹7,519.33 lakh from ₹9,459.30 lakh in the previous year. Profit before tax for the year stood at ₹4.11 lakh, significantly lower than the ₹52.39 lakh reported in FY25.

Particulars FY26 (₹ in Lacs) FY25 (₹ in Lacs)
Revenue from operations 7,519.17 9,506.40
Total revenue 7,523.44 9,511.69
Total expenses 7,519.33 9,459.30
Profit before tax 4.11 52.39
Net profit 4.04 35.55

Board Appointments and Compliance

Alongside the financial results, the Board appointed Mrs. Sweta Yash Khokhariya as the Internal Auditor for F.Y. 2026-27. The Board also took note of the compliances submitted with the stock exchange for the half-year and year ended March 31, 2026. The company’s operations fall under a single segment, "Ginning & Pressing and Trading of Cotton," making segment reporting inapplicable.

The audited statement of assets and liabilities as of March 31, 2026, shows total assets of ₹4,830.30 lakh, up from ₹4,674.86 lakh in the previous year. Inventories constituted the largest portion of current assets at ₹3,881.25 lakh. The cash flow statement indicates a net decrease in cash and cash equivalents of ₹23.02 lakh during the year, bringing the closing balance to ₹29.07 lakh.

Historical Stock Returns for Gajanand International

1 Day5 Days1 Month6 Months1 Year5 Years
-1.84%-2.44%-11.11%-24.53%-37.74%-79.95%

What strategic initiatives will the company implement to reverse the 21% decline in revenue from operations?

How does the company plan to address the auditor's emphasis of matter regarding the lack of physical inventory verification in future audits?

With inventories constituting over 80% of current assets, what measures are being taken to manage stock levels and improve liquidity?

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1 Year Returns:-37.74%