PB Global narrows FY26 loss to ₹119.61 lakh

1 min read     Updated on 30 May 2026, 09:28 PM
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AI Summary

PB Global Limited reported a net loss of ₹119.61 lakh for the financial year ended March 31, 2026, narrowing from a loss of ₹458.68 lakh in the previous year. Revenue from operations for FY26 stood at ₹2,135.69 lakh. For the quarter ended March 31, 2026, the company posted a net profit of ₹225.20 lakh, a turnaround from the net loss of ₹152.57 lakh in the same period of the previous year. The statutory auditor, Jain Vinay & Associates, issued an unmodified opinion but noted the unavailability of bank statements for seven Union Bank of India accounts.

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pb global reported a net loss of ₹119.61 lakh for the financial year ended March 31, 2026, narrowing from a loss of ₹458.68 lakh in the previous year. The board of directors approved the audited standalone financial results for the quarter and year ended March 31, 2026, at a meeting held on May 30, 2026. Revenue from operations for the year stood at ₹2,135.69 lakh, compared to ₹2,595.27 lakh in FY25.

For the quarter ended March 31, 2026, the company posted a net profit of ₹225.20 lakh, a turnaround from the net loss of ₹152.57 lakh recorded in the same period of the previous year. Revenue for the quarter was ₹357.23 lakh. The statutory auditor, Jain Vinay & Associates, issued an unmodified opinion on the financial statements. However, the auditor noted that bank statements for seven Union Bank of India accounts were not available, preventing the confirmation of closing balances reflected in the financial statements.

Financial Performance

Particulars Year Ended March 31, 2026 (₹ in Lakhs) Year Ended March 31, 2025 (₹ in Lakhs)
Revenue from Operations 2,135.69 2,595.27
Total Expenses 2,257.85 3,063.85
Profit/(Loss) before tax (119.30) (458.02)
Net Profit/(Loss) for the period (119.61) (458.68)
Earnings Per Share (Basic) (11.39) (43.68)

Auditor Observations

The independent auditor highlighted that the company's revenue reflected in the financials is inclusive of GST, which has been nullified through GST expenses. Additionally, the auditor observed that no residual value is reflected in the property, plant, and equipment (PPE) schedule. The report also noted that the turnover of the company is inclusive of branch transfers.

Balance Sheet Highlights

The total assets of the company stood at ₹20,965.33 lakh as of March 31, 2026, down from ₹21,158.47 lakh in the previous year. Total equity decreased to ₹20,367.37 lakh from ₹20,486.98 lakh. Investments in subsidiaries, associates, joint ventures, and partnership firms increased significantly to ₹11,120 lakh from ₹5,120 lakh in the prior year.

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What measures will management take to secure the missing bank statements and address the auditor's concerns regarding balance confirmation?

How does the company plan to sustain the quarterly profitability turnaround and reverse the full-year revenue decline?

What strategic rationale drove the significant increase in investments in subsidiaries and joint ventures during FY26?

PB Global board meets May 30 to consider FY26 results

1 min read     Updated on 21 May 2026, 06:40 PM
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AI Summary

PB Global Limited's board will meet on May 30, 2026, to approve audited financial results for the quarter and year ended March 31, 2026. The agenda includes the Statutory Auditors Report and Cash Flow Statement for the period.

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PB Global Limited has announced that its Board of Directors will meet on Saturday, May 30, 2026, at the company's Corporate Office. The primary agenda of the meeting is to consider and approve the Audited Financial Results for the quarter and year ended March 31, 2026. The board will review both standalone and consolidated financial statements during the session.

In addition to the financial results, the directors are scheduled to consider and approve the Statutory Auditors Report in compliance with Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. This report pertains to the financial year ending March 31, 2026. The board will also evaluate the Cash Flow Statement, covering both standalone and consolidated figures for the year and quarter.

Agenda Items

The meeting will cover several key regulatory and financial matters:

  • Approval of Audited Financial Results (Standalone and Consolidated) for Q4 and FY26.
  • Approval of the Statutory Auditors Report for FY26.
  • Approval of the Cash Flow Statement (Standalone and Consolidated) for Q4 and FY26.
  • Any other business with the permission of the Chairman.

The intimation was formally communicated to the stock exchanges under Regulation 29(1) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The notice was signed by Director Parimal Mehta on behalf of the company.

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How does PB Global Limited's FY26 revenue and profit growth compare to its industry peers, and what does this signal about its competitive positioning?

Will the board consider announcing a dividend or share buyback program following the approval of FY26 audited results?

Are there any pending regulatory concerns or audit qualifications that could impact investor sentiment after the statutory auditors report is disclosed?

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