Pasupati Spinning FY26 net profit rises 152% to ₹2.37 crore

2 min read     Updated on 27 May 2026, 12:58 PM
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Pasupati Spinning reported a 152% rise in FY26 net profit to ₹2.37 crore, driven by lower expenses, despite a slight dip in revenue to ₹9,934 lakh. The statutory auditor issued a qualified opinion regarding pending land compensation of ₹614.64 lacs.

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Pasupati Spinning and Weaving Mills reported a net profit of ₹2.37 crore for the financial year ended March 31, 2026, marking a 152% increase from ₹0.94 crore in the previous year. Revenue from operations for the year stood at ₹9,934 lakh, a slight decline from ₹10,050 lakh in FY25. For the quarter ended March 31, 2026, the company recorded a net profit of ₹1.90 crore on revenue of ₹2,820 lakh.

The Board of Directors, in its meeting held on May 26, 2026, approved the audited standalone financial results for the quarter and year ended March 31, 2026. The meeting also approved the appointment of Mr. Satnam Singh Saggu as the cost auditor and M/s Suresh Kumar Mittal & Company as the internal auditor for the financial year 2026-27, based on the recommendations of the Audit Committee.

Qualified Opinion on Financial Results

B.K. Shroff & Co., the statutory auditor, issued a qualified opinion on the financial results. The qualification arises from the company's claim for additional compensation of ₹614.64 lacs regarding part of its factory land acquired by the government. The management stated that this amount will be accounted for only upon receipt. Had this compensation been recognized, the profit for the year and other current assets would have been higher by the stated amount.

Financial Performance

The company’s total expenses for FY26 decreased to ₹9,757 lakh from ₹10,089 lakh in the previous year. Finance costs for the year were ₹434 lakh, down from ₹487 lakh in FY25. The basic earnings per share (EPS) for FY26 improved to ₹2.37 from ₹0.94 in the prior year.

Standalone Financial Results (₹ in Lacs)

Particulars Year Ended 31-Mar-26 Year Ended 31-Mar-25
Revenue from Operations 9,934 10,050
Total Revenue 10,074 10,175
Total Expenses 9,757 10,089
Profit before Tax 317 86
Net Profit 222 88
Basic EPS (₹) 2.37 0.94

Segment Performance

The Textiles & Textile Articles segment reported a revenue of ₹9,330 lakh for FY26, while the Logistic & Warehousing Services segment contributed ₹604 lakh. The total capital employed by the company stood at ₹3,365 lakh as of March 31, 2026.

Segment Revenue (₹ in Lacs)

Segment Year Ended 31-Mar-26 Year Ended 31-Mar-25
Textiles & Textile Articles 9,330 9,722
Logistic & Warehousing Services 604 328
Total 9,934 10,050

Historical Stock Returns for Pasupati Spinning & Weaving Mills

1 Day5 Days1 Month6 Months1 Year5 Years
+4.99%0.0%+4.44%-12.76%-16.64%+307.42%

What is the expected timeline for the government to release the ₹614.64 lac land acquisition compensation?

Will the company maintain its cost reduction strategies to sustain profitability despite the slight decline in revenue?

How does the company plan to leverage the 84% growth in the Logistic & Warehousing segment in the coming year?

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Pasupati Spinning & Weaving Mills Schedules Board Meeting on May 26, 2026 to Approve Q4 FY26 Financial Results

1 min read     Updated on 16 May 2026, 12:06 PM
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Pasupati Spinning & Weaving Mills has scheduled a Board of Directors meeting on May 26, 2026, as intimated to BSE Limited on May 16, 2026, under Regulation 29 of SEBI (LODR) Regulations, 2015. The board will consider and approve standalone audited financial results for the quarter and year ended March 31, 2026, along with the Statutory Auditor's Report. The meeting will also address the appointment of cost auditors and internal auditors for FY 2026-27, and review related party transactions for the quarter ended March 31, 2026.

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Pasupati Spinning & Weaving Mills has notified BSE Limited of an upcoming Board of Directors meeting scheduled for Tuesday, May 26, 2026. The intimation, dated May 16, 2026, was filed pursuant to Regulation 29 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and is in compliance with the requirements of Regulation 33 of the same regulations.

Board Meeting Agenda

The board meeting has been convened to consider and approve several key items. The following table outlines the primary agenda items for the meeting:

Agenda Item: Details
Financial Results: Standalone audited financial results for the quarter and year ended March 31, 2026, along with the Statutory Auditor's Report
Cost Auditor Appointment: Appointment of Mr. Satnam Singh Saggu, Cost Accountants, as cost auditors for FY 2026-27
Internal Auditor Appointment: Appointment of M/s Suresh Kumar Mittal & Company, Chartered Accountants, as internal auditors for FY 2026-27
Related Party Transactions: Review of related party transactions for the quarter ended March 31, 2026
Other Business: Any other matter with the consent of the Chairman and Directors present

Key Highlights

The agenda for the May 26, 2026 board meeting covers the following key areas:

  • Financial Results: Approval of standalone audited financial results for both the fourth quarter and the full year ended March 31, 2026
  • Statutory Compliance: Consideration of the Statutory Auditor's Report accompanying the financial results
  • Auditor Appointments: Appointment of cost and internal auditors for the financial year 2026-27
  • Related Party Review: Review of related party transactions for the quarter ended March 31, 2026

The intimation was signed by Ramesh Kumar Jain, Managing Director (DIN: 00575142), on behalf of Pasupati Spinning and Weaving Mills Ltd, and has been submitted to the Department of Corporate Services, BSE Limited, for records.

Historical Stock Returns for Pasupati Spinning & Weaving Mills

1 Day5 Days1 Month6 Months1 Year5 Years
+4.99%0.0%+4.44%-12.76%-16.64%+307.42%

How did Pasupati Spinning & Weaving Mills' FY2026 annual financial results compare to the previous year in terms of revenue growth and profitability margins?

What is the nature and scale of the related party transactions reviewed for Q4 FY2026, and could they raise any corporate governance concerns among minority shareholders?

How might the appointment of new cost and internal auditors for FY2026-27 signal a shift in the company's approach to financial oversight and cost management strategy?

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