Getalong Enterprise net profit falls 64% to ₹66.64 lakh in FY26

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Reviewed by
Jubin VScanX News Team
Key Highlights
  • Net profit fell 64% YoY to ₹66.64 lakh in FY26, down from ₹185.35 lakh
  • Revenue from operations dropped 64% to ₹75.77 lakh, offset by higher other income
  • Company seeks shareholder approval for up to ₹5 crore investment in Osiyaa Polypacks
  • Statutory auditors A Y & Company will not seek reappointment; new firm proposed
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Getalong Enterprise reported a net profit of ₹66.64 lakh for FY26, a significant decline from ₹185.35 lakh in the previous year, as total revenue contracted to ₹140.54 lakh. The company has scheduled its sixth annual general meeting for September 24, 2026, to approve financial results and a proposed investment in related party M/s. Osiyaa Polypacks Limited.

The Board of Directors approved the agenda during a meeting held on August 31, 2026, at its registered office in Mumbai. Shareholders must hold records during the book closure period from September 17 to September 24, 2026, to be eligible to attend or vote.

Financial Performance

The company's standalone financial results for FY26 reflect a challenging operating environment, with revenue from operations dropping to ₹75.77 lakh from ₹213.21 lakh in FY25. However, other income rose to ₹64.77 lakh, driven primarily by interest received.

Metric FY26 (₹ lakh) FY25 (₹ lakh)
Revenue from Operations 75.77 213.21
Other Income 64.77 39.70
Total Income 140.54 252.91
Profit Before Tax 81.47 187.13
Net Profit After Tax 66.64 185.35

Total expenses decreased to ₹59.07 lakh from ₹65.78 lakh in the prior year. The company declared no dividend for FY26, opting to conserve profits for business reinvestment.

Related Party Investment Proposal

A key special resolution seeks shareholder approval for further investment or acquisition of securities in M/s. Osiyaa Polypacks Limited, an unlisted related party. The proposed aggregate amount does not exceed ₹5 crore and must be completed by March 31, 2027.

Getalong Enterprise already holds a 17.15% stake in Osiyaa Polypacks. The existing investment history is detailed below:

Particulars Date of Acquisition No. of Shares Price per Share (₹) Amount (₹) % Holding
Acquisition from existing shareholder 12.11.2025 4,29,000 10 42,90,000 9.98%
Preferential Allotment 01.12.2025 3,00,000 10 30,00,000 14.58%
Subsequent preferential allotment 27.04.2026 3,00,000 10 30,00,000 18.71%
Total 10,29,000 1,02,90,000

The proposed ₹5 crore limit is supplemental to approvals granted in July 2021 and September 2025. Directors Mrs. Harsha Vikram Jain, Mrs. Sweety Rahul Jain, and Ms. Payal Vikram Jain are related parties due to common shareholding interests.

Auditor Change and Governance

The company proposes appointing M/s. K. K. Jhunjhunwala & Co., Chartered Accountants, as statutory auditors for five years commencing from FY27. This follows the unwillingness of retiring auditors M/s. A Y & Company to seek re-appointment due to pre-occupation with other professional commitments. The proposed remuneration is ₹1.5 lakh plus GST and applicable taxes.

What the Numbers Show

While operational revenue declined sharply, other income—primarily interest received at ₹64.77 lakh—constituted approximately 46% of total income in FY26, up from 16% in FY25. This shift highlights a growing reliance on non-operating returns to sustain profitability amid core business headwinds.

Historical Stock Returns for Getalong Enterprise

1 Day5 Days1 Month6 Months1 Year5 Years
-4.62%-4.62%-29.94%0.0%0.0%-35.33%

How will the proposed ₹5 crore investment in Osiyaa Polypacks impact Getalong Enterprise's cash reserves given the sharp decline in operational revenue?

What specific strategic synergies or operational improvements does management expect from the increased stake in Osiyaa Polypacks to offset core business headwinds?

Will the company's growing reliance on interest income as a primary profit driver signal a long-term shift away from its core operational activities?

Getalong Enterprise schedules board meeting to approve FY26 Directors Report

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Reviewed by
Riya DScanX News Team
Key Highlights
  • Board meeting scheduled for August 31, 2026, in Mumbai
  • Agenda includes approval of 6th AGM notice for FY26
  • Directors Report for year ended March 31, 2026, to be approved
  • Book closure date and AGM venue to be finalized
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Getalong Enterprise has scheduled a meeting of its Board of Directors for Monday, August 31, 2026. The session will be held at the company’s registered office in Mumbai starting at 3:30 pm.

The primary agenda for the gathering includes administrative preparations for the company’s upcoming annual general meeting. The board will consider and approve the notice for the 6th Annual General Meeting (AGM) for the fiscal year ended March 31, 2026.

Key Agenda Items

The board is set to finalize several logistical details critical for shareholder engagement during the forthcoming AGM. These decisions ensure compliance with regulatory timelines and facilitate smooth conduct of the annual event.

  • Approve the notice for the 6th AGM for FY26.
  • Finalize the book closure date for the AGM.
  • Determine the date, venue, and time for convening the 6th AGM.

Regulatory Filings

In addition to AGM logistics, the board will review and approve the Directors Report for the financial year ended March 31, 2026. This document provides an overview of the company’s performance, governance practices, and future outlook for shareholders.

Harsha Vikram Jain, Managing Director, signed the intimation letter addressed to BSE Limited. The communication was issued on August 22, 2026, from the company’s office at Masjid Bunder West, Mumbai.

Historical Stock Returns for Getalong Enterprise

1 Day5 Days1 Month6 Months1 Year5 Years
-4.62%-4.62%-29.94%0.0%0.0%-35.33%

What specific financial metrics or strategic initiatives are expected to be highlighted in the Directors Report for FY26?

How might the finalized book closure date impact short-term trading volume and liquidity for Getalong Enterprise shares?

Are there any proposed dividend payouts or bonus issues likely to be discussed during the upcoming AGM?

More News on Getalong Enterprise

1 Year Returns:0.00%