Gajanand International returns to profitability in FY26
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 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 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?

























