Hisar Spinning Mills reports 12.9% rise in FY26 net profit

1 min read     Updated on 29 May 2026, 11:33 PM
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Hisar Spinning Mills reported a 12.9% increase in net profit to ₹330.60 lakh for FY26, while revenue from operations dipped slightly to ₹4410.94 lakh. The auditors issued an unmodified opinion on the results. The company also recognized past service costs due to new labour codes.

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Hisar Spinning Mills reported a net profit of ₹330.60 lakh for the financial year ended March 31, 2026, representing a 12.9% increase from the previous year's ₹292.81 lakh. Revenue from operations for the year stood at ₹4410.94 lakh, a slight decline from ₹4487.79 lakh in the prior year. The company's Board of Directors approved the audited financial results during a meeting held on May 29, 2026.

The statutory auditors, Jain & Anil Sood, Chartered Accountants, provided an unmodified opinion on the financial results, confirming compliance with Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The report stated that the financial results give a true and fair view of the company's net profit and other financial information in conformity with applicable accounting standards.

For the quarter ended March 31, 2026, the company recorded a profit of ₹66.28 lakh, down from ₹103.91 lakh in the corresponding quarter of the previous year. Revenue from operations for the quarter was ₹1081.64 lakh, compared to ₹1072.94 lakh in the same period last year. Total expenses for the quarter increased to ₹1008.39 lakh from ₹938.29 lakh in the prior year quarter.

The company recognized a past service cost of ₹13.00 lakhs as an expense under employee benefits in the quarter ended December 31, 2025, due to the implementation of new labour codes notified by the Government of India. Hisar Spinning Mills operates primarily in the manufacturing and sale of cotton yarn blended products and has no subsidiaries, associates, or joint ventures as of March 31, 2026.

Financial Results for FY26

Particulars Year Ended 31.03.2026 (₹ in lakhs) Previous Year Ended 31.03.2025 (₹ in lakhs)
Revenue from operations 4410.94 4487.79
Total Income 4449.00 4508.97
Total Expenses 4015.06 4107.70
Profit before tax 433.94 401.27
Profit for the period 330.60 292.81
Earnings per share (Basic and diluted) 8.85 7.84

Assets and Liabilities

The company's total assets as of March 31, 2026, stood at ₹3336.53 lakh, a decrease from ₹3392.11 lakh in the previous year. Equity share capital remained constant at ₹373.50 lakh, while other equity increased to ₹2469.93 lakh from ₹2146.45 lakh. Total borrowings, both non-current and current, decreased significantly to ₹353.37 lakh from ₹718.92 lakh in the prior year.

Historical Stock Returns for Hisar Spinning Mills

1 Day5 Days1 Month6 Months1 Year5 Years
+4.99%+3.05%+2.67%+5.65%-7.50%+303.45%

How will the significant reduction in total borrowings impact the company's future capital allocation strategies?

What measures is Hisar Spinning Mills taking to reverse the slight decline in revenue from operations?

Will the implementation of new labour codes result in further recurring costs beyond the recognized past service expense?

Hisar Spinning Mills board to meet on May 29 for FY26 results

1 min read     Updated on 19 May 2026, 05:30 PM
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Hisar Spinning Mills Limited will hold a board meeting on May 29, 2026, to approve audited financial results for the quarter and year ended March 31, 2026. The trading window is closed from April 1 to May 31, 2026, for directors and designated personnel.

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Hisar Spinning Mills Limited has announced that its board of directors will meet on Friday, May 29, 2026, to consider and approve the audited financial results for the quarter and fiscal year ended March 31, 2026. The meeting is scheduled to take place at the administrative office of the company located in Chandigarh.

Agenda for the Meeting

The primary agenda for the upcoming board meeting is the consideration and approval of the audited financial results for the fourth quarter and the full financial year ending March 31, 2026. This disclosure is being made in compliance with Regulation 29 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Trading Window Closure

In accordance with regulatory requirements, the company has informed the stock exchanges that the trading window for dealing in the equity shares of Hisar Spinning Mills Limited remains closed. This restriction applies to all directors, designated employees, connected persons, and their immediate relatives.

Trading Window Details Description
Start Date April 01, 2026
End Date May 31, 2026
Reason Closure until 48 hours after the declaration of audited financial results

The closure period is effective from April 01, 2026, and will continue until May 31, 2026, which covers the duration until 48 hours after the declaration of the audited financial results. The company had initially communicated this closure via a notice dated March 24, 2026.

Historical Stock Returns for Hisar Spinning Mills

1 Day5 Days1 Month6 Months1 Year5 Years
+4.99%+3.05%+2.67%+5.65%-7.50%+303.45%

How might Hisar Spinning Mills' FY2026 financial results compare to industry peers in the textile spinning sector amid fluctuating cotton prices and export demand?

What impact could the audited results have on Hisar Spinning Mills' stock price and investor sentiment once the trading window reopens on June 1, 2026?

Will the board consider announcing dividends or any capital allocation decisions alongside the financial results approval on May 29, 2026?

More News on Hisar Spinning Mills

1 Year Returns:-7.50%