Lagnam Spintex FY26 Net Profit Rises to ₹1,438.98 Lacs; Results Published in Newspapers

4 min read Updated on 10 May 2026, 02:53 AM

Reviewed by

Suketu GScanX News Team

AI Summary

Lagnam Spintex Limited reported FY26 net profit of ₹1,438.98 lacs and revenue from operations of ₹60,498.05 lacs. Q4 FY26 revenue surged to ₹17,965.02 lacs with profit before tax of ₹1,151.22 lacs. The company subsequently published its audited financial results in The Financial Express and Nafa Nuksaan dated 09.05.2026, in compliance with Regulation 30 and 47 of SEBI Listing Regulations.

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Lagnam Spintex Limited reported its audited standalone financial results for the quarter and year ended 31st March 2026. The company posted a net profit of ₹1,438.98 lacs for FY26, marking an improvement over ₹1,285.47 lacs recorded in FY25. Revenue from operations for the full year came in at ₹60,498.05 lacs, broadly in line with ₹60,556.46 lacs in the prior year, while the fourth quarter showed a notable sequential and year-on-year uptick in revenue. In compliance with Regulation 30 and 47 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the company subsequently published an extract of its audited financial results in "The Financial Express" (English) and "Nafa Nuksaan" (Hindi), both dated 09.05.2026.

Financial Performance: Quarter and Full Year

The company's quarterly performance for Q4 FY26 reflected a strong sequential recovery, with revenue from operations rising to ₹17,965.02 lacs from ₹15,280.39 lacs in Q3 FY26 and ₹16,285.93 lacs in Q4 FY25. Profit before tax for Q4 FY26 stood at ₹1,151.22 lacs, compared to ₹515.06 lacs in Q3 FY26 and ₹1,197.10 lacs in Q4 FY25. For the full year, profit before tax improved to ₹1,981.79 lacs from ₹1,790.13 lacs in FY25. The following table summarises the key financial metrics (Rs. in Lacs):

Metric:	Q4 FY26 (Audited)	Q3 FY26 (Unaudited)	Q4 FY25 (Audited)	FY26 (Audited)	FY25 (Audited)
Revenue from Operations:	17,965.02	15,280.39	16,285.93	60,498.05	60,556.46
Other Income:	5.94	7.60	1.41	25.14	23.84
Total Income:	17,970.96	15,287.99	16,287.34	60,523.19	60,580.30
Total Expenses:	16,819.74	14,772.93	15,090.24	58,541.40	58,790.17
Profit Before Tax:	1,151.22	515.06	1,197.10	1,981.79	1,790.13
Net Profit:	835.40	368.65	854.45	1,438.98	1,285.47
Total Comprehensive Income:	848.12	367.31	842.42	1,447.70	1,280.14

Earnings Per Share

Earnings per equity share (face value of Rs. 10/- each, not annualised) for the full year FY26 stood at ₹8.14 on both basic and diluted basis, compared to ₹7.28 in FY25. For Q4 FY26, basic and diluted EPS were ₹4.73 each, against ₹4.84 in Q4 FY25.

Key Expense Items

The company's cost structure for FY26 is detailed below (Rs. in Lacs):

Expense Item:	FY26	FY25
Cost of Materials Consumed:	42,705.58	44,092.69
Employee Benefits Expense:	2,494.88	2,447.58
Finance Costs:	3,065.23	3,084.91
Depreciation & Amortisation:	1,661.81	1,679.24
Other Expenses:	7,887.36	7,757.46
Total Expenses:	58,541.40	58,790.17

Notably, the company recognised an incremental financial impact of ₹14.99 lakhs as past service cost on post-employment defined benefits for employees, following the Government of India consolidating labour laws into four unified Labour Codes effective from 21 November 2025, accounted for under Employee Benefit Expenses.

Balance Sheet Highlights

As at 31st March 2026, total assets stood at ₹57,159.26 lacs compared to ₹57,024.29 lacs as at 31st March 2025. Total equity improved to ₹13,534.59 lacs from ₹12,086.89 lacs, supported by an increase in other equity to ₹11,767.69 lacs from ₹10,319.99 lacs. Non-current borrowings declined to ₹17,018.34 lacs from ₹20,164.42 lacs, reflecting repayment activity during the year. Paid-up equity share capital remained unchanged at ₹1,766.90 lacs.

Cash Flow Summary

Net cash from operating activities for FY26 was ₹7,300.89 lacs, a significant increase from ₹2,407.05 lacs in FY25. Net cash used in investing activities was ₹(1,188.23) lacs, while net cash used in financing activities was ₹(6,099.84) lacs. Closing cash and cash equivalents stood at ₹22.16 lacs as at 31st March 2026, up from ₹9.34 lacs at the close of FY25.

Board Decisions and Corporate Developments

At the Board meeting held on 8th May 2026, several key decisions were taken in addition to the approval of financial results:

Internal Auditor Appointment: M/s SSMS & Associates, Chartered Accountants (FRN: 019351C), Bhilwara, appointed as Internal Auditors for FY 2026-27.
Cost Auditor Re-appointment: M/s N. D. Birla & Co., Cost Accountants (FRN: 000028), Ahmedabad, re-appointed as Cost Auditors for FY 2026-27.
16th Annual General Meeting: Scheduled for Thursday, 27th August 2026 at 11.30 A.M. via Video Conferencing/other audio-visual means, connected from the Registered Office at A 51-53, RIICO Growth Centre, Hamirgarh, Bhilwara-311001.
Board's Report: Approved along with annexures and Management Discussion & Analysis for FY 2025-2026.

The statutory auditors, M/s A.L. Chechani & Co., Chartered Accountants (Firm Reg. No.: 005341C), issued an unmodified opinion on the audited financial results for the quarter and year ended 31st March 2026. The results have been prepared in accordance with Indian Accounting Standards (Ind AS) under Section 133 of the Companies Act, 2013. The company operates in a single business segment and has no subsidiaries, associates, or joint ventures, and has therefore prepared only standalone results.

Historical Stock Returns for Lagnam Spintex

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
-2.77%	+1.35%	+28.03%	+15.78%	-28.59%	+303.52%

With non-current borrowings declining significantly from ₹20,164 lacs to ₹17,018 lacs, how might Lagnam Spintex deploy its improved operating cash flows — toward further debt reduction, capacity expansion, or potential dividends to shareholders?

Given that revenue from operations remained nearly flat year-on-year despite a strong Q4 recovery, what demand drivers or new markets could Lagnam Spintex pursue to achieve meaningful top-line growth in FY27?

How might the full implementation of India's four unified Labour Codes impact Lagnam Spintex's employee benefit expenses and overall cost structure beyond the ₹14.99 lacs past service cost already recognised?