Garlon Polyfab returns to profitability in FY26
Garlon Polyfab Industries Limited returned to profitability in FY26 with a net profit of ₹0.12 lakh, reversing the previous year's loss of ₹3.24 lakh. The board approved the audited standalone results on May 30, 2026, revealing a quarterly profit of ₹2.49 lakh driven by other income. Despite the profit, shareholders' funds remained negative at ₹204.63 lakh, and the company relied on borrowings to manage cash flows.

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Garlon Polyfab Industries Limited returned to profitability in the financial year ended March 31, 2026, reporting a net profit of ₹0.12 lakh compared to a net loss of ₹3.24 lakh in the previous year. The company's board approved the audited standalone financial results for the quarter and year ended March 31, 2026, at a meeting held on May 30, 2026. The results were reviewed by the Audit Committee prior to board approval.
For the quarter ended March 31, 2026, the company reported a net profit of ₹2.49 lakh. Total income for the quarter stood at ₹3.85 lakh, driven entirely by other income, as income from operations remained nil. Total expenses for the quarter were ₹1.36 lakh, comprising employee benefits expenses of ₹0.36 lakh and other expenses of ₹1.00 lakh.
The annual financial statements show that the company's equity and liabilities totaled ₹6.25 lakh as of March 31, 2026, slightly down from ₹6.30 lakh in the previous year. Shareholders' funds stood at a negative ₹204.63 lakh, with reserves and surplus at negative ₹665.95 lakh against a share capital of ₹461.32 lakh. Current liabilities increased to ₹210.88 lakh from ₹211.05 lakh, primarily due to short-term borrowings of ₹201.98 lakh.
The cash flow statement for the year indicates a net decrease in cash and cash equivalents of ₹48.43 hundred, bringing the closing balance to ₹495.34 hundred. Cash generated from operations was negative at ₹3,052.42 hundred, while the company raised ₹2,880.00 hundred through net borrowings during the year. The independent auditor's report confirmed that the financial results present a true and fair view in conformity with Indian Accounting Standards.
Financial Performance Summary
| Metric | FY26 (₹ in Lacs) | FY25 (₹ in Lacs) |
|---|---|---|
| Net Profit | 0.12 | (3.24) |
| Total Income | 3.85 | - |
| Total Expenses | 3.73 | 3.24 |
| Basic EPS | 0.0003 | (0.007) |
How does the company plan to address the negative shareholders' funds of ₹204.63 lakh?
What strategy will be implemented to restart income from operations given it was nil in Q4?
Is the reliance on other income and borrowings sustainable for future profitability?
























