Jain Marmo FY26 Results: Net profit turns positive at ₹2.81 lakh
- Net profit turned positive at ₹2.81 lakh in FY26, reversing a ₹0.57 lakh loss
- Revenue fell 16.6% to ₹188.28 lakh as export sales dropped to zero
- Long-term borrowings were fully cleared, reducing total debt burden
- Operating cash flow doubled to ₹57.05 lakh despite lower top-line growth
- No dividend recommended as management focuses on resource conservation
*this image is generated using AI for illustrative purposes only.
Jain Marmo Industries turned profitable in FY26, reporting a net profit of ₹2.81 lakh compared to a net loss of ₹0.57 lakh in the previous year. The company's revenue from operations declined 16.6% to ₹188.28 lakh, driven by a complete drop in export sales amidst shifting market dynamics.
Financial Performance
The marble manufacturer posted a profit before tax of ₹4.97 lakh for the fiscal year ended March 31, 2026, up from ₹0.21 lakh in FY25. Total revenue, including other income, stood at ₹191.31 lakh, down from ₹226.67 lakh previously. Other income rose to ₹3.03 lakh from ₹0.99 lakh, largely aided by a profit on the sale of investments amounting to ₹2.46 lakh.
| Metric | FY26 (₹ Lakh) | FY25 (₹ Lakh) |
|---|---|---|
| Revenue from Operations | 188.28 | 225.68 |
| Other Income | 3.03 | 0.99 |
| Profit Before Tax | 4.97 | 0.21 |
| Net Profit After Tax | 2.81 | (0.57) |
Domestic sales accounted for ₹177.40 lakh of the total revenue, while export sales dropped to zero from ₹39.20 lakh in FY25. Job work income increased to ₹10.88 lakh from ₹7.71 lakh.
What the Numbers Show
The turnaround in profitability was significantly supported by non-operational gains. The profit on the sale of equity investments contributed ₹2.46 lakh to the bottom line, which represents approximately 88% of the final net profit after tax. While operational efficiency improved with lower material costs and finance expenses, the reliance on one-time investment gains highlights the fragility of the current earnings profile.
Balance Sheet and Cash Flow
Jain Marmo strengthened its balance sheet by completely clearing its long-term borrowings. Long-term borrowings stood at nil as of March 31, 2026, compared to ₹38.61 lakh in the previous year. Short-term borrowings remained stable at ₹90.78 lakh, secured against inventory and book debts.
Cash generated from operating activities more than doubled to ₹57.05 lakh from ₹28.29 lakh. This improved liquidity helped the company reduce its debt burden, although cash and cash equivalents ended the year at just ₹5.44 lakh. Inventory levels decreased to ₹307.82 lakh from ₹379.53 lakh, indicating better stock management or slower sales realization.
Corporate Actions
The Board of Directors approved the financial statements and decided not to recommend any dividend for FY26, opting to conserve resources for future growth. The company will hold its 45th Annual General Meeting on September 30, 2026, at its registered office in Jaipur. Director Sandeep Jain retires by rotation and offers himself for reappointment.
Historical Stock Returns for Jain Marmo Industries
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
What specific strategies is Jain Marmo Industries implementing to revive its export sales, which have dropped to zero?
How sustainable is the current profitability given that 88% of the net profit derived from one-time gains on the sale of investments?
Will the company prioritize further reduction of its ₹90.78 lakh short-term borrowings in FY27, or focus on reinvesting cash flows into operations?
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