Nutricircle FY26 profit rises, auditor issues qualified opinion
Nutricircle Limited reported a net profit of ₹29.94 lakh for FY26, up from ₹12.09 lakh in FY25, with revenue rising to ₹1,775.05 lakh. The statutory auditors issued a qualified opinion regarding an unverified unsecured loan of ₹50 lakh.

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Nutricircle Limited reported a net profit of ₹29.94 lakh for the financial year ended March 31, 2026, an increase from ₹12.09 lakh in the previous year. The company's revenue from operations for FY26 stood at ₹1,775.05 lakh, compared to ₹270.48 lakh in FY25. For the quarter ended March 31, 2026, the company recorded a net profit of ₹2.49 lakh on revenue from operations of ₹486.76 lakh. The board approved the audited financial results at a meeting held on May 26, 2026, at the registered office in Hyderabad.
Financial Performance
The total income for FY26 rose to ₹1,776.61 lakh from ₹271.04 lakh in the prior year. Total expenses for the year increased to ₹1,746.19 lakh. The company's earnings per share (EPS) for FY26 was ₹0.30, compared to ₹0.36 in the previous year. The paid-up equity share capital increased to ₹1,110 lakh from ₹1,000 lakh, following the conversion of 11,00,000 share warrants into equity shares on February 13, 2026, for a total consideration of ₹1,10,00,000.
| Metric | FY26 (₹ Lakh) | FY25 (₹ Lakh) |
|---|---|---|
| Revenue from Operations | 1,775.05 | 270.48 |
| Total Income | 1,776.61 | 271.04 |
| Total Expenses | 1,746.19 | 258.94 |
| Net Profit | 29.94 | 12.09 |
| EPS (Basic) | 0.30 | 0.36 |
Auditor's Report and Governance
M/s N S V R & Associates LLP, the statutory auditors, issued a qualified opinion on the financial results. The qualification arose because the company could not provide a balance confirmation or alternative evidence for an unsecured loan of ₹50 lakh outstanding from Mr. K. Veersham. Consequently, the auditors were unable to verify the completeness and accuracy of this loan balance. Additionally, the board appointed M/s Manas Dash & Co., Chartered Accountants, as the internal auditor for the financial year 2026-27, effective May 26, 2026, to comply with the Companies Act, 2013 and SEBI regulations.
Asset Position
As of March 31, 2026, the company's total assets were valued at ₹822.78 lakh, up from ₹671.79 lakh in the previous year. Non-current assets increased to ₹7.53 lakh, while current assets stood at ₹815.25 lakh. Trade receivables rose significantly to ₹80.15 lakh from ₹17.90 lakh in FY25. Cash and cash equivalents decreased to ₹2.40 lakh from ₹138.80 lakh, primarily due to operating and investing activities.
How will the company address the auditor's qualified opinion regarding the unsecured loan from Mr. K. Veersham?
What strategies will Nutricircle implement to improve cash flow given the sharp decline in cash and cash equivalents?
Will the significant increase in trade receivables impact the company's liquidity position in the upcoming fiscal year?


























