Kohinoor Foods FY26 net profit falls to ₹8,068 lakh

1 min read     Updated on 29 May 2026, 02:47 AM
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AI Summary

Kohinoor Foods Limited reported a sharp decline in net profit to ₹8,068 lakh for FY26 from ₹35,251 lakh in FY25, while revenue from operations increased to ₹14,760 lakh. The Board approved the audited financial results, which include a qualified opinion from auditors M/s N C Raj & Associates regarding the company's going concern status and unprovided interest on a revoked corporate guarantee. The company sold its Murthal Rice Plant for ₹190 crore and settled its One Time Settlement with lenders in full during the year.

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Kohinoor Foods Limited reported a net profit of ₹8,068 lakh for the financial year ended March 31, 2026, a significant decline from the ₹35,251 lakh recorded in the previous year. Revenue from operations rose to ₹14,760 lakh, up from ₹8,639 lakh in FY25. The company's Board of Directors approved the audited standalone and consolidated financial results at a meeting held on May 28, 2026.

The profit for the quarter ended March 31, 2026, stood at ₹8,765 lakh, compared to ₹37,564 lakh in the same quarter of the previous year. Total income for the quarter was ₹2,788 lakh. For the full year, total income reached ₹15,887 lakh. The Board decided not to recommend any dividend for the financial year 2025-26.

The financial results were reviewed by the Audit Committee and approved by the Board. The auditors, M/s N C Raj & Associates, issued a qualified opinion, citing material uncertainty regarding the company's ability to continue as a going concern due to continuous operational losses and negative net worth. The auditors also highlighted that the company did not provide interest towards a revoked corporate guarantee of its wholly owned subsidiary in the USA, amounting to ₹318.42 lakh for the year.

During the year, the company sold its Rice Plant situated at Murthal, Sonipat, Haryana, for a consideration of ₹190 crore and an additional piece of land for ₹8 crore. The company recognized the sale proceeds and the resulting gain as possession and control had been transferred to the buyer. The company also settled its One Time Settlement (OTS) with lenders in full during the year, including interest on delayed payments.

The following table summarizes the standalone financial performance for the year ended March 31, 2026:

Particulars Year Ended 31-03-2026 (Audited) Year Ended 31-03-2025 (Audited)
Revenue from Operations 14,760 8,639
Total Income 15,887 8,759
Total Expenses 16,557 11,329
Profit for the Period 8,068 35,251
Earnings Per Share (Basic) 21.76 95.05

The company stated that its assessment of continuing as a going concern is based on the sanction and full payment of the revised OTS by the lead bank. Several legal matters are pending, including petitions before the Debt Recovery Tribunal and the National Company Law Tribunal, which the company is contesting.

Historical Stock Returns for Kohinoor Foods

1 Day5 Days1 Month6 Months1 Year5 Years
+0.95%+2.49%-8.53%-13.73%-33.12%+229.29%

How will the sale of the Murthal Rice Plant impact Kohinoor Foods' future operational capacity and revenue generation?

What specific strategies will management implement to address the auditors' concerns regarding the company's ability to continue as a going concern?

What are the potential financial and reputational implications of the pending legal proceedings before the Debt Recovery Tribunal and National Company Law Tribunal?

Kohinoor board meets May 28 to consider Q4, FY26 results

1 min read     Updated on 21 May 2026, 04:36 AM
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Kohinoor Foods Limited has scheduled a board meeting for May 28, 2026, to consider and approve the standalone and consolidated audited financial results for the quarter and financial year ended March 31, 2026. The board will also deliberate on recommending a dividend for the financial year 2025-26, subject to shareholder approval. Additionally, the trading window for dealing in the company's securities remains closed until 48 hours after the results declaration.

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Kohinoor Foods Limited has scheduled a meeting of its board of directors for Thursday, May 28, 2026. The meeting will be held at the company's registered office located at Pinnacle Business Tower, 10th Floor, Shooting Range Road, Surajkund, Faridabad, Haryana, to discuss and approve key financial matters.

Agenda for the Meeting

The board will consider and take on record the standalone and consolidated audited financial results for the quarter and financial year ended March 31, 2026. Alongside the results, the directors will deliberate on the recommendation of a dividend for the financial year 2025-26. Any dividend declared will be subject to the approval of shareholders at the ensuing Annual General Meeting.

Trading Window Closure

In compliance with the SEBI (Prohibition of Insider Trading) Regulations, 2015, the company has informed that the trading window for dealing in its securities remains closed. The closure, which began on April 1, 2026, applies to connected persons, insiders, designated persons, and their immediate relatives. The window will remain shut until 48 hours after the declaration of the financial results for the quarter and year ended March 31, 2026.

Meeting Details

Detail Information
Meeting Date May 28, 2026
Location Pinnacle Business Tower, 10th Floor, Shooting Range Road, Surajkund, Faridabad, Haryana
Purpose Consideration of Q4 and FY26 audited results and dividend recommendation

Historical Stock Returns for Kohinoor Foods

1 Day5 Days1 Month6 Months1 Year5 Years
+0.95%+2.49%-8.53%-13.73%-33.12%+229.29%

How does Kohinoor Foods' expected FY26 dividend yield compare to its historical payout ratios, and what does this signal about the company's future capital allocation strategy?

Given the competitive dynamics in the branded basmati rice and food processing sector, how might Kohinoor Foods' FY26 financial results reflect broader industry trends heading into FY27?

If the board recommends a higher-than-expected dividend, how could this impact retail investor sentiment and the stock's performance in the near term?

More News on Kohinoor Foods

1 Year Returns:-33.12%