Galada Power FY26 Results: ₹1,216.00 Lakh Net Profit, No Material Events Under Reg 30
Galada Power and Telecommunication Ltd reported a net profit of ₹1,216.00 lakhs for FY26, a sharp turnaround from ₹36.00 lakhs in FY25, driven by exceptional gains of ₹1,309.00 lakhs from asset sales. The board meeting held on May 09, 2026 concluded at 12:30 PM, with CFO V. Subramanian certifying no material events under Regulation 30 of LODR. Total assets stood at ₹341.00 lakhs and current borrowings declined significantly to ₹900.00 lakhs from ₹2,463.00 lakhs.

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Galada Power and Telecommunication Ltd released its audited financial results for the quarter and year ended March 31, 2026, as submitted to the Bombay Stock Exchange under Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The Board of Directors approved the results at their meeting held on May 09, 2026, in Bengaluru, which commenced at 10:00 AM and concluded at 12:30 PM. Auditors Brahmayya & Co., Chartered Accountants, Hyderabad, issued an unmodified report on the financials, with no adverse remarks noted. In a separate filing under Regulation 30 of LODR, CFO V. Subramanian certified that there were no material events to be reported for the quarter and year ended March 31, 2026.
Full-Year Financial Performance
For the year ended March 31, 2026, the company reported a net profit of ₹1,216.00 lakhs, a significant improvement compared to ₹36.00 lakhs in the year ended March 31, 2025. This turnaround was primarily driven by an exceptional item — profit on sale of fixed assets — amounting to ₹1,309.00 lakhs, against ₹143.00 lakhs in the prior year. The company recorded no revenue from operations for either year, with total income comprising solely other income of ₹8.00 lakhs in FY26 versus ₹4.00 lakhs in FY25.
The following table summarises the key financial metrics for the full year:
| Metric: | FY26 (Audited) | FY25 (Audited) |
|---|---|---|
| Revenue from Operations: | — | — |
| Other Income: | ₹8.00 lakhs | ₹4.00 lakhs |
| Total Revenue: | ₹8.00 lakhs | ₹4.00 lakhs |
| Total Expenses: | ₹99.00 lakhs | ₹111.00 lakhs |
| Loss before Exceptional Items & Tax: | ₹(91.00) lakhs | ₹(107.00) lakhs |
| Exceptional Item (Profit on Sale of Fixed Assets): | ₹1,309.00 lakhs | ₹143.00 lakhs |
| Profit before Tax: | ₹1,218.00 lakhs | ₹36.00 lakhs |
| Net Profit after Tax: | ₹1,216.00 lakhs | ₹36.00 lakhs |
| Basic & Diluted EPS (₹10/- face value, not annualised): | ₹13.72 | ₹0.41 |
Quarterly Performance
For the quarter ended March 31, 2026, the company reported a net loss of ₹16.00 lakhs, compared to a net profit of ₹34.00 lakhs in the quarter ended March 31, 2025. Other income for the quarter stood at ₹5.00 lakhs, while total expenses were ₹19.00 lakhs. No exceptional income was recorded in the quarter ended March 31, 2026, unlike the corresponding quarter of the prior year which had an exceptional gain of ₹51.00 lakhs. Basic and diluted earnings per share for the quarter were ₹(0.17), against ₹0.39 in the same quarter of the previous year.
| Metric: | Q4 FY26 (Audited) | Q3 FY26 (Unaudited) | Q4 FY25 (Unaudited) |
|---|---|---|---|
| Other Income: | ₹5.00 lakhs | — | ₹1.00 lakh |
| Total Revenue: | ₹5.00 lakhs | — | ₹1.00 lakh |
| Total Expenses: | ₹19.00 lakhs | ₹11.00 lakhs | ₹18.00 lakhs |
| Exceptional Item: | — | — | ₹51.00 lakhs |
| Net Profit/(Loss): | ₹(16.00) lakhs | ₹(11.00) lakhs | ₹34.00 lakhs |
| Basic & Diluted EPS: | ₹(0.17) | ₹(0.12) | ₹0.39 |
Balance Sheet Highlights
As at March 31, 2026, the company's total assets stood at ₹341.00 lakhs, compared to ₹694.00 lakhs as at March 31, 2025. Non-current assets, comprising property, plant and equipment, declined to ₹41.00 lakhs from ₹477.00 lakhs, reflecting the disposal of fixed assets during the year. Total current assets increased to ₹300.00 lakhs from ₹217.00 lakhs, with cash and cash equivalents rising to ₹38.00 lakhs from ₹13.00 lakhs. On the liabilities side, current borrowings reduced substantially to ₹900.00 lakhs from ₹2,463.00 lakhs, following repayment of ₹1,563.00 lakhs during the year. Total equity remained negative at ₹(578.00) lakhs, an improvement from ₹(1,794.00) lakhs in the prior year.
| Balance Sheet Item: | March 31, 2026 | March 31, 2025 |
|---|---|---|
| Property, Plant & Equipment: | ₹41.00 lakhs | ₹477.00 lakhs |
| Total Current Assets: | ₹300.00 lakhs | ₹217.00 lakhs |
| Cash & Cash Equivalents: | ₹38.00 lakhs | ₹13.00 lakhs |
| Total Assets: | ₹341.00 lakhs | ₹694.00 lakhs |
| Equity Share Capital: | ₹886.00 lakhs | ₹886.00 lakhs |
| Other Equity: | ₹(1,464.00) lakhs | ₹(2,680.00) lakhs |
| Total Equity: | ₹(578.00) lakhs | ₹(1,794.00) lakhs |
| Current Borrowings: | ₹900.00 lakhs | ₹2,463.00 lakhs |
| Total Current Liabilities: | ₹915.00 lakhs | ₹2,484.00 lakhs |
| Total Equity and Liabilities: | ₹341.00 lakhs | ₹694.00 lakhs |
Cash Flow Summary
The company's cash flow statement for the year ended March 31, 2026 reflects net cash used in operating activities of ₹(124.00) lakhs, compared to ₹(120.00) lakhs in the prior year. Net cash from investing activities was ₹1,712.00 lakhs, primarily from proceeds from the sale of fixed assets. Net cash used in financing activities was ₹(1,563.00) lakhs, reflecting repayment of borrowings. As a result, net cash and cash equivalents increased by ₹25.00 lakhs during the year, closing at ₹38.00 lakhs.
Key Notes and Corporate Developments
Several notable disclosures accompanied the financial results:
- An NCLT order dated May 25, 2023 approved the Resolution Plan submitted by M/s Amrutha Constructions Private Limited, Bengaluru. The plan has been fully implemented, and the company received the final NCLT order on September 10, 2024.
- The company sold land and buildings situated at Silvassa to part-finance the revamping of its manufacturing facilities. During the second quarter, most redundant plant and equipment was disposed of or written off, with the remaining equipment shown as held for sale at book values.
- Despite negative net worth and no operations, the financial statements are prepared on a going concern basis, as the company is in a revival process as per the approved plan.
- The company holds a GST input account balance of ₹126.92 lakhs, which it expects to utilise.
- Paid-up equity share capital stands at ₹886.32 lakhs (face value ₹10/- per share).
- No segmental reporting is required, as the company is exclusively engaged in the manufacture of conductors and related products.
- CFO V. Subramanian certified, via a Regulation 30 filing, that no material events were required to be reported for the quarter and year ended March 31, 2026.
With fixed assets nearly depleted and no revenue from operations, what specific milestones or timelines has Galada Power outlined for revamping its manufacturing facilities and resuming conductor production?
Given that total equity remains deeply negative at ₹(578) lakhs and operating cash flows are still negative, what additional capital infusion or financing mechanisms is the company considering to achieve sustainable operations?
How does M/s Amrutha Constructions Private Limited plan to leverage the fully implemented NCLT Resolution Plan to attract new customers or contracts in the power and telecom conductor market?


























