New Light Industries FY26 profit falls 63% as revenue drops

1 min read     Updated on 30 May 2026, 06:40 PM
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New Light Industries Limited reported a 63.04% decline in net profit to ₹42.12 lakh for FY26, with revenue falling 58.88% to ₹709.04 lakh. Q4FY26 net profit dropped to ₹8.57 lakh from ₹22.33 lakh. The board approved the audited results on May 30, 2026.

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New Light Industries Limited reported a 63.04% decline in net profit to ₹42.12 lakh for the financial year ended March 31, 2026, compared to ₹113.99 lakh in the previous year. Revenue from operations for FY26 fell 58.88% to ₹709.04 lakh from ₹1,724.57 lakh in FY25. The board approved the audited financial results for the quarter and year ended March 31, 2026, at a meeting held on May 30, 2026, at the company's registered office in New Delhi.

For the quarter ended March 31, 2026 (Q4FY26), the company recorded a net profit of ₹8.57 lakh, a significant decrease from ₹22.33 lakh in the corresponding quarter of the previous year. Revenue from operations for Q4FY26 stood at ₹123.35 lakh, down from ₹336.94 lakh in Q4FY25. Total income for the quarter was ₹144.80 lakh. The statutory auditors, M/s. NGMKS & Associates, Chartered Accountants, issued an audit report with an unmodified opinion on the standalone financial results.

Financial Performance for FY26

The company's total expenses for FY26 decreased to ₹676.64 lakh from ₹1,623.29 lakh in the previous year. Profit before tax for the year stood at ₹56.29 lakh, compared to ₹101.28 lakh in FY25. The board also declared that the trading window for directors, officers, and designated employees, which had been closed since April 1, 2026, would reopen 48 hours after the declaration of the audited financial results.

Metric FY26 (₹ in Lakh) FY25 (₹ in Lakh) Change
Revenue from Operations 709.04 1,724.57 -58.88%
Total Income 732.93 1,724.57 -57.49%
Total Expenses 676.64 1,623.29 -58.31%
Net Profit 42.12 113.99 -63.04%

Q4FY26 Highlights

In Q4FY26, total expenses were ₹121.82 lakh, lower than ₹327.32 lakh in the same period last year. The company reported a profit before tax of ₹22.98 lakh for the quarter. Basic earnings per share (EPS) for FY26 was ₹0.048, down from ₹0.139 in the previous year. The balance sheet as of March 31, 2026, showed total assets of ₹1,541.87 lakh, with cash and cash equivalents increasing to ₹76.57 lakh from ₹33.57 lakh in the prior year.

Historical Stock Returns for New Light Industries

1 Day5 Days1 Month6 Months1 Year5 Years
+2.90%+1.43%-11.25%-10.13%-11.80%-24.87%

What strategic initiatives will New Light Industries implement to reverse the steep decline in revenue and profitability?

How will the company utilize the increased cash and cash equivalents to support future growth or stabilize operations?

Are there specific market sectors or product lines the company plans to focus on to recover from the FY26 performance downturn?

New Light Industries confirms non-applicability of Large Corporate framework for FY26

1 min read     Updated on 30 Apr 2026, 05:55 PM
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New Light Industries Limited confirmed to BSE that it does not fall under the Large Corporate framework per SEBI regulations for FY26. As of March 31, 2026, the company does not have long-term borrowings exceeding ₹1,000 crores or credit ratings of AA/AA+/AAA on unsupported bank borrowings. This confirmation was made in reference to multiple SEBI circulars regarding debt securities and compliance requirements for large entities.

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New Light Industries Limited has formally communicated to BSE Limited confirming its non-applicability under the Large Corporate framework as per SEBI regulations for the financial year 2026. The company, formerly known as New Light Apparels Limited, made this disclosure on April 30, 2026, addressing specific regulatory requirements for large corporate entities.

Regulatory Framework Reference

The confirmation was made in reference to several key SEBI circulars governing large corporate compliance:

Circular Details: Information
Primary Circular: SEBI/HO/DDHS CIR/P/2018/144 dated November 26, 2018
Operational Circular: SEBI/HO/DDHS/P/CIR/2021/613 dated August 10, 2021
Updated Circular: SEBI/HO/DDHS/DDHS-RACPOD1/P/CIR/2023/172 dated October 19, 2023
BSE Circular: LIST/COMP/05/2019-20 dated April 11, 2019

These circulars specifically address fund raising by issuance of debt securities by large entities and the associated disclosure and compliance requirements for large corporates.

Company's Financial Position

As of March 31, 2026, New Light Industries Limited confirmed its financial position does not meet the Large Corporate criteria:

Parameter: Status
Outstanding Long-term Borrowings: Does not exceed ₹1,000 crores
Credit Rating on Unsupported Bank Borrowings: No AA/AA+/AAA ratings
Large Corporate Classification: Not applicable

Compliance Implications

Since the company does not qualify as a Large Corporate under the SEBI framework, the specific disclosures and compliance requirements outlined in the referenced circulars are not applicable to New Light Industries Limited. This confirmation helps clarify the company's regulatory obligations and provides transparency to stakeholders regarding its compliance status.

Corporate Information

The disclosure was signed by Saurabh Agrawal, Managing Director (DIN: 08592095), on behalf of New Light Industries Limited. The company operates under CIN L27501DL1995PLC064005 with its registered office located in New Delhi. The communication was directed to BSE Limited's Corporate Relationship Department for official record-keeping purposes.

Historical Stock Returns for New Light Industries

1 Day5 Days1 Month6 Months1 Year5 Years
+2.90%+1.43%-11.25%-10.13%-11.80%-24.87%

What strategic expansion plans might New Light Industries pursue that could potentially push their borrowings above the ₹1,000 crore threshold in future years?

How might the company's exemption from Large Corporate compliance requirements impact its access to debt capital markets compared to larger competitors?

Will New Light Industries seek higher credit ratings on future borrowings as part of a growth strategy, potentially triggering Large Corporate classification?

More News on New Light Industries

1 Year Returns:-11.80%