Organic Coatings reports widened net loss for FY26

Organic Coatings Limited reported a widened net loss of ₹325.88 lakh for the financial year ended March 31, 2026, compared to a loss of ₹210.23 lakh in the previous year. Total income from operations for the year increased marginally to ₹2,819.88 lakh from ₹2,800.45 lakh in FY25. The company's Board approved the audited standalone financial results during a meeting held on May 30, 2026.

For the quarter ended March 31, 2026, the company recorded a net loss of ₹84.99 lakh, compared to a loss of ₹77.58 lakh in the corresponding quarter of the previous year. Total income from operations for the quarter rose to ₹964.82 lakh from ₹635.17 lakh in Q4FY25. The statutory auditors have expressed an unmodified opinion on the audited standalone financial results for the year ended March 31, 2026.

The paid-up equity share capital remained constant at ₹997.46 lakh during the reported periods. Earnings per share (EPS) for the year ended March 31, 2026, stood at a loss of ₹3.27, compared to a loss of ₹2.74 in the previous year. For the quarter ended March 31, 2026, the EPS was a loss of ₹0.85, against a loss of ₹1.01 in the same period last year.

The financial results were reviewed by the audit committee and subsequently approved by the Board of Directors. The company stated that the figures for the current quarter and the corresponding quarter in the previous year are balancing figures derived from the audited full-year results and the published year-to-date figures up to the third quarter.

Financial Results Summary

Particulars	Quarter Ended March 31, 2026 (₹ in Lakhs)	Quarter Ended March 31, 2025 (₹ in Lakhs)	Year Ended March 31, 2026 (₹ in Lakhs)	Year Ended March 31, 2025 (₹ in Lakhs)
Total Income from operations (net)	964.82	635.17	2,819.88	2,800.45
Net Profit / (Loss) for the period after tax	(84.99)	(77.58)	(325.88)	(210.23)
Total Comprehensive Income	(86.05)	(82.87)	(326.94)	(215.53)
Equity Share Capital	997.46	997.46	997.46	997.46
Earnings Per Share (Basic)	(0.85)	(1.01)	(3.27)	(2.74)

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
+0.26%	+5.28%	-7.79%	-2.47%	+37.92%	+205.65%

Organic Coatings Limited has announced that its board meeting is scheduled to be held on Saturday, May 30, 2026. The meeting will take place at the company's registered office to discuss and approve key financial and governance matters.

Agenda for the Meeting

The primary focus of the board meeting will be to consider and approve the audited financial results for the quarter ended March 31, 2026. Additionally, the directors will review and take on record the audited financial statements for the full financial year ended on the same date.

Governance Appointments

The board will also consider the appointment of two individuals as Independent Directors. The proposed appointments include Mr. Ramanathan Ganesh, holding DIN 00016260, and Mr. Subhash Ambubhai Patel, holding DIN 00535221.

Trading Window Closure

In accordance with the SEBI (Prohibition of Insider Trading) Regulations, 2015, the trading window for dealing in the securities of the company has been closed since April 1, 2026. This window will remain shut until 48 hours after the declaration of the audited financial results for the quarter and year ended March 31, 2026.

The meeting will also cover any other business with the permission of the Chair and the consent of the majority of directors present.