Krishna Filament Industries reported a net loss of ₹0.35 lakh for the financial year ended March 31, 2026, compared to a net profit of ₹0.56 lakh in the previous year. The company recorded zero revenue from operations, marking a significant operational halt.

The 38th Annual General Meeting is scheduled for September 30, 2026, at the registered office in Boisar. Shareholders will consider the adoption of audited financial statements and the re-appointment of Executive Director Bhupat Chaniyara.

Financial Performance

Total income for FY26 stood at ₹8.00 lakh, derived entirely from other income, primarily agricultural receipts. This represents a decline from ₹8.56 lakh in FY25. Total expenses increased to ₹8.35 lakh from ₹8.01 lakh in the prior year, driven by higher other expenses.

Employee benefit expenses remained stable at ₹2.40 lakh. Other expenses rose to ₹5.95 lakh from ₹5.61 lakh, with listing fees and legal charges contributing to the increase.

Balance Sheet Highlights

As of March 31, 2026, total assets stood at ₹71.16 lakh, a marginal increase from ₹70.90 lakh in the previous year. Cash and cash equivalents rose to ₹3.97 lakh from ₹2.34 lakh.

The company carries unsecured long-term borrowings of ₹284.65 lakh, unchanged from the prior year. These borrowings are owed to Krishna Overseas LLP, an entity where key management personnel have significant influence. Total equity remained negative at ₹(284.62) lakh due to accumulated losses.

What the Numbers Show

The company’s inability to generate operating revenue highlights a complete cessation of core business activities during the fiscal year. Despite this, the firm maintained listing compliance costs, including ₹3.87 lakh in listing fees and ₹0.80 lakh in auditor remuneration. The reliance on agricultural income for nearly all inflows underscores a shift away from its primary rope manufacturing business.

Corporate Actions

Ms. Kinjal Bhansali was appointed as a Non-Executive Non-Independent Director effective September 7, 2026, replacing Ms. Harinakshi Amin who resigned for personal reasons. The Board also proposed appointing M/s. VCA and Associates as statutory auditors for the term ending in 2028.

No dividend was declared due to carried-forward losses. The paid-up equity share capital remained at ₹778.63 lakh.

Krishna Filament Industries has fixed September 23, 2026, as the record date for its 38th Annual General Meeting. The cutoff determines which shareholders are eligible to attend and vote.

The Board of Directors approved the date in compliance with Regulation 42 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company notified BSE Limited of the decision on September 7, 2026.

Meeting Details

Shareholders holding equity shares as of the close of business on September 23, 2026, will be entitled to participate in the annual meeting. The intimation was issued by Bhupat Chaniyara, Executive Director and CEO.