Metroglobal Reports Strong FY26 Earnings; Board Recommends ₹2.5 Final Dividend
Metroglobal Limited reported strong FY26 audited results with standalone PAT surging to ₹2,150.81 Lakhs from ₹936.32 Lakhs in FY25, and consolidated PAT rising to ₹2,209.09 Lakhs from ₹945.34 Lakhs. The Board recommended a final dividend of ₹2.5/- per share and the audited results were published in Business Standard and Jai Hind newspapers on May 13, 2026, in compliance with Regulation 47 of SEBI LODR Regulations, 2015.

*this image is generated using AI for illustrative purposes only.
Metroglobal Limited has reported its audited standalone and consolidated financial results for the quarter and financial year ended March 31, 2026, as approved by the Board of Directors at their meeting held on May 11, 2026. The statutory auditors, M/s KPSJ & Associates LLP (FRN: 124845W/W100209), have issued an unmodified audit opinion on both standalone and consolidated financial results. The Board also recommended a final dividend of ₹2.5/- per equity share of ₹10/- each (25%) for FY26, subject to shareholder approval at the company's 34th Annual General Meeting. In compliance with Regulation 47 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the audited financial results were subsequently published in Business Standard (English) and Jai Hind (Gujarati) newspapers, with a formal intimation filed with BSE Limited on May 13, 2026 by Company Secretary and Compliance Officer Hetal Koradia.
Standalone Financial Performance
Metroglobal's standalone financials reflect a significant improvement in profitability for the financial year ended March 31, 2026. Total income for FY26 stood at ₹24,551.93 Lakhs compared to ₹25,366.36 Lakhs in FY25. Despite a marginal decline in total income, profit after tax surged to ₹2,150.81 Lakhs from ₹936.32 Lakhs in FY25, driven by a notable increase in profit before tax to ₹3,040.51 Lakhs versus ₹1,147.31 Lakhs in the prior year.
The following table summarises the standalone financial performance:
| Metric: | Q4 FY26 (Audited) | Q3 FY26 (Unaudited) | Q4 FY25 (Audited) | FY26 (Audited) | FY25 (Audited) |
|---|---|---|---|---|---|
| Net Sales/Income from Operations: | ₹3,620.08 Lakhs | ₹6,488.76 Lakhs | ₹4,354.20 Lakhs | ₹23,511.48 Lakhs | ₹23,968.27 Lakhs |
| Other Income: | ₹66.76 Lakhs | ₹528.92 Lakhs | ₹652.46 Lakhs | ₹1,040.45 Lakhs | ₹1,398.09 Lakhs |
| Total Income: | ₹3,686.84 Lakhs | ₹7,017.68 Lakhs | ₹5,006.66 Lakhs | ₹24,551.93 Lakhs | ₹25,366.36 Lakhs |
| Total Expenses: | ₹2,995.56 Lakhs | ₹6,039.83 Lakhs | ₹3,862.02 Lakhs | ₹21,761.42 Lakhs | ₹22,524.70 Lakhs |
| Profit Before Tax: | ₹941.28 Lakhs | ₹977.85 Lakhs | ₹(549.70) Lakhs | ₹3,040.51 Lakhs | ₹1,147.31 Lakhs |
| Profit After Tax: | ₹668.88 Lakhs | ₹690.01 Lakhs | ₹(381.61) Lakhs | ₹2,150.81 Lakhs | ₹936.32 Lakhs |
| Total Comprehensive Income: | ₹(625.05) Lakhs | ₹780.57 Lakhs | ₹(731.71) Lakhs | ₹1,617.47 Lakhs | ₹864.53 Lakhs |
| Basic EPS (excl. OCI): | ₹5.42 | ₹5.59 | ₹(3.09) | ₹17.44 | ₹7.59 |
| Diluted EPS (excl. OCI): | ₹5.42 | ₹5.59 | ₹(3.09) | ₹17.44 | ₹7.59 |
On the standalone balance sheet, total assets as at March 31, 2026 stood at ₹42,553.72 Lakhs compared to ₹40,381.31 Lakhs as at March 31, 2025. Total equity increased to ₹40,874.46 Lakhs from ₹39,503.67 Lakhs. Cash and cash equivalents rose significantly to ₹2,696.95 Lakhs from ₹388.24 Lakhs, while other equity (excluding revaluation reserve) stood at ₹37,715.23 Lakhs versus ₹36,344.40 Lakhs in the prior year. On the standalone cash flow statement, net cash generated from operating activities stood at ₹2,507.09 Lakhs for FY26 versus ₹1,415.68 Lakhs in FY25, while net cash generated from investing activities was ₹4,139.66 Lakhs compared to a net outflow of ₹(1,158.08) Lakhs in the prior year.
Consolidated Financial Performance
On a consolidated basis, Metroglobal reported total income of ₹24,663.48 Lakhs for FY26 compared to ₹25,368.51 Lakhs in FY25. Consolidated profit after tax for FY26 improved substantially to ₹2,209.09 Lakhs from ₹945.34 Lakhs in FY25. The consolidated results include the performance of subsidiary Metrochem Capital Trust Limited and associates/joint ventures including Dual Metals Private Limited, DK Metro Procon Private Limited, Ganesh Infrastructure, PMZ Developers, and Myspace Infracon LLP.
| Metric: | Q4 FY26 (Audited) | Q3 FY26 (Unaudited) | Q4 FY25 (Audited) | FY26 (Audited) | FY25 (Audited) |
|---|---|---|---|---|---|
| Total Income: | ₹3,745.85 Lakhs | ₹7,018.69 Lakhs | ₹5,008.23 Lakhs | ₹24,663.48 Lakhs | ₹25,368.51 Lakhs |
| Total Expenses: | ₹2,864.31 Lakhs | ₹6,040.39 Lakhs | ₹3,864.54 Lakhs | ₹21,819.35 Lakhs | ₹22,528.62 Lakhs |
| Share of Profit of Associates/JVs: | ₹(9.96) Lakhs | ₹(3.64) Lakhs | ₹1.62 Lakhs | ₹9.09 Lakhs | ₹10.79 Lakhs |
| Profit Before Tax: | ₹1,121.58 Lakhs | ₹974.66 Lakhs | ₹(549.04) Lakhs | ₹3,103.22 Lakhs | ₹1,156.32 Lakhs |
| Profit After Tax: | ₹844.75 Lakhs | ₹589.76 Lakhs | ₹(380.94) Lakhs | ₹2,209.09 Lakhs | ₹945.34 Lakhs |
| Total Comprehensive Income: | ₹(458.98) Lakhs | ₹677.11 Lakhs | ₹(734.80) Lakhs | ₹1,630.26 Lakhs | ₹876.84 Lakhs |
| Basic EPS (excl. OCI): | ₹6.85 | ₹4.78 | ₹(3.09) | ₹17.91 | ₹7.66 |
| Diluted EPS (excl. OCI): | ₹6.85 | ₹4.78 | ₹(3.09) | ₹17.91 | ₹7.66 |
Consolidated total assets as at March 31, 2026 stood at ₹42,689.62 Lakhs versus ₹40,732.72 Lakhs as at March 31, 2025. Total equity on a consolidated basis increased to ₹40,951.01 Lakhs from ₹39,854.85 Lakhs, including minority interest of ₹125.60 Lakhs. Net cash generated from consolidated operating activities was ₹2,797.15 Lakhs for FY26 compared to ₹1,395.53 Lakhs in FY25, while net cash from investing activities stood at ₹4,147.90 Lakhs versus a net outflow of ₹(1,141.73) Lakhs in the prior year.
Segment-Wise Performance
Metroglobal operates across two business segments — Trading & Finance, and Infrastructure & Realty. The following table presents the segment-wise revenue and capital employed on both standalone and consolidated bases:
| Segment: | Standalone FY26 Revenue | Standalone FY25 Revenue | Consolidated FY26 Revenue | Consolidated FY25 Revenue |
|---|---|---|---|---|
| Trading & Finance: | ₹24,481.60 Lakhs | ₹25,306.38 Lakhs | ₹24,593.15 Lakhs | ₹25,308.54 Lakhs |
| Infrastructure & Realty: | ₹70.33 Lakhs | ₹59.97 Lakhs | ₹70.33 Lakhs | ₹59.97 Lakhs |
Standalone capital employed in the Trading & Finance segment stood at ₹39,351.33 Lakhs and in Infrastructure & Realty at ₹1,523.13 Lakhs as at March 31, 2026. On a consolidated basis, capital employed in the Trading & Finance segment stood at ₹39,427.88 Lakhs and in Infrastructure & Realty at ₹1,523.13 Lakhs.
Exceptional Items and Regulatory Developments
During FY26, the company recognised an exceptional income of ₹250 Lakhs, representing a partial recovery of dues from Mundara Estate Developers Limited (MEDL) following the conclusion of the Corporate Insolvency Resolution Process (CIRP). The company had previously recognised an exceptional loss of ₹1,694.35 Lakhs on account of the write-off of unrecovered balances from MEDL. The company continues to pursue all available legal recourses, including enforcement of personal guarantees, to recover the remaining outstanding balance.
Separately, the Hon'ble Securities Appellate Tribunal (SAT), via its order dated March 09, 2026, in Appeal No. 617 of 2021 (in the matter of Riddhi Siddhi Gluco Biols Limited & Ors.), set aside a two-year debarment from the securities market and substituted it with a reduced debarment period of three (3) months from the date of the order. The company has chosen to comply with the order as a matter of prudence and does not expect any material adverse impact on its financial statements. No provision has been recognised in the books of account in this regard.
Corporate Actions and Other Approvals
At the Board meeting held on May 11, 2026, the following key decisions were taken:
- Final Dividend: Recommended a final dividend of ₹2.5/- per equity share of ₹10/- each (25%) for FY26, subject to shareholder approval at the 34th Annual General Meeting.
- Internal Auditor Re-appointment: Re-appointed M/s. Khokhani & Associates, Chartered Accountants (FRN No. 151367W), Ahmedabad, as Internal Auditors for FY2026-27 for a term of one year.
- Audited Financial Statements: Approved audited standalone and consolidated financial statements (Ind AS) for the financial year ended March 31, 2026.
The audited financial results are available on the BSE Limited website at www.bseindia.com and on the company's website at www.metrogloballimited.com .
Historical Stock Returns for Metroglobal
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -2.23% | +2.36% | -0.15% | -0.15% | -0.15% | -0.15% |
How might Metroglobal's ongoing pursuit of personal guarantee enforcement against Mundara Estate Developers Limited impact its balance sheet and exceptional items in FY27?
Given the SAT's reduced debarment order in the Riddhi Siddhi Gluco Biols case, what potential regulatory scrutiny or reputational risks could Metroglobal face in future securities market activities?
With the Infrastructure & Realty segment contributing less than 0.3% of total revenue despite significant capital employed, is Metroglobal likely to restructure or divest this segment to improve capital efficiency?


































