Oswal Greentech files FY26 annual report; net loss widens to ₹6,241 lakh
- Oswal Greentech filed its FY26 annual report with BSE and NSE on September 4, 2026
- Net loss widened to ₹6,241.86 lakh from profit of ₹853.21 lakh in FY25 due to exceptional items
- Revenue from operations grew 4.4% YoY to ₹3,680.69 lakh
- AGM scheduled for September 29, 2026 to adopt financial statements and appoint new auditors
- No dividend recommended for FY26 to conserve liquid resources

*this image is generated using AI for illustrative purposes only.
Oswal Greentech filed its annual report for FY26 with the BSE and NSE on September 4, 2026. The company reported a net loss of ₹6,241.86 lakh for the financial year ended March 31, 2026, widening from a profit of ₹853.21 lakh in FY25.
The filing, made pursuant to Regulation 34(1) of the SEBI Listing Regulations, includes the notice for the 44th Annual General Meeting (AGM) scheduled for September 29, 2026. The report is also available on the company’s website.
Financial Performance
Revenue from operations grew modestly by 4.4% year-on-year to ₹3,680.69 lakh from ₹3,525.26 lakh in FY25. However, this operational growth was overshadowed by significant exceptional items amounting to ₹10,122.19 lakh. Other income increased to ₹6,868.62 lakh from ₹5,747.45 lakh, contributing to a total revenue of ₹10,549.31 lakh. Profit before tax stood at ₹4,200.72 lakh before the deduction of exceptional items and tax expenses.
| Metric | FY26 (₹ in lakhs) | FY25 (₹ in lakhs) |
|---|---|---|
| Revenue from Operations | 3,680.69 | 3,525.26 |
| Other Income | 6,868.62 | 5,747.45 |
| Total Revenue | 10,549.31 | 9,272.71 |
| Profit Before Tax | 4,200.72 | 982.16 |
| Exceptional Items | 10,122.19 | - |
| Net Profit / (Loss) | (6,241.86) | 853.21 |
Auditor Resignations and Appointments
The AGM agenda includes the appointment of new statutory and secretarial auditors following recent resignations. M/s Mehta Chokshi & Shah LLP resigned as statutory auditors effective August 11, 2026. The board proposes the appointment of M/s BGMG & Associates as statutory auditors for a five-year term until the conclusion of the 49th AGM in 2031. Similarly, M/s Jay Mehta & Associates resigned as secretarial auditors on July 20, 2026. The board recommends appointing M/s Anuj Gupta & Associates as the new secretarial auditor for five consecutive financial years.
Operational Updates
The company’s flagship residential development in Ludhiana continues to show strong absorption, with 513 of 538 flats sold as of March 31, 2026. Management expects to conclude sales of the remaining units in the near term. The directors did not recommend any dividend for FY26 to conserve liquid resources.
What the Numbers Show
The divergence between operating performance and bottom-line results is stark. While revenue from operations grew and profit before tax remained positive at ₹4,200.72 lakh, the net loss of ₹6,241.86 lakh indicates that the exceptional item of ₹10,122.19 lakh was the sole driver of the fiscal outcome. Without this one-time charge, the company would have reported a substantial net profit, highlighting that core operational profitability remains intact despite the headline loss.
Historical Stock Returns for Oswal Greentech
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +2.67% | -2.44% | -6.30% | -21.03% | -50.50% | -9.38% |
What specific nature did the ₹10,122.19 lakh exceptional item take, and are there any recurring risks associated with it in FY27?
How will the recent resignation of statutory auditors and the appointment of BGMG & Associates impact investor confidence and regulatory compliance timelines?
With the Ludhiana residential project nearing completion, what is the company's pipeline for new real estate developments to sustain revenue growth?


































