PBM Polytex narrows net loss to ₹157.42 lakh in FY26
PBM Polytex Limited narrowed its consolidated net loss to ₹157.42 lakh in FY26 from ₹443.79 lakh in the previous year, while revenue from operations fell 5.5% to ₹16,651.92 lakh. The Board approved the audited financial results, which include provisions for Labour Codes and a wage revision settlement, and appointed auditors for FY27.
*this image is generated using AI for illustrative purposes only.
PBM Polytex Limited reported a consolidated net loss of ₹157.42 lakh for the financial year ended March 31, 2026, narrowing from a loss of ₹443.79 lakh in the previous year. Revenue from operations declined 5.5% to ₹16,651.92 lakh from ₹17,621.48 lakh in FY25. The company's standalone net loss for the year stood at ₹148.75 lakh, compared to a loss of ₹467.82 lakh in the prior year.
The Board of Directors approved the audited standalone and consolidated financial results for the quarter and year ended March 31, 2026. The statutory auditors, M/s. Mahendra N. Shah & Co., issued an unmodified opinion on the financial results. The company did not declare any dividend for the financial year 2025-26.
Financial Performance
The company's total income for FY26 stood at ₹17,504.13 lakh, down from ₹17,819.73 lakh in the previous year. Total expenses decreased to ₹17,709.91 lakh from ₹18,417.63 lakh in FY25. For the quarter ended March 31, 2026, the company reported a net loss of ₹136.89 lakh on a total income of ₹4,881.23 lakh.
| Metric | FY26 (₹ in Lakhs) | FY25 (₹ in Lakhs) |
|---|---|---|
| Revenue from Operations | 16,651.92 | 17,621.48 |
| Total Income | 17,504.13 | 17,819.73 |
| Total Expenses | 17,709.91 | 18,417.63 |
| Net Profit/(Loss) | (157.42) | (443.79) |
| Basic EPS | (2.29) | (6.45) |
Key Disclosures
The financial results include an additional provision of ₹31.56 lakhs towards past service cost following the implementation of new Labour Codes effective from November 21, 2025. Additionally, the company accounted for a liability of ₹159.05 lakhs regarding an out-of-court settlement for wage revision disputes at its BLPSS unit. Other income for the year included ₹609.69 lakhs from the profit on the sale of freehold land.
Board Appointments and AGM
The Board appointed M/s. D.P. Sarda & Co. and M/s. Y. Iyer & Co. as internal auditors for the BLP and Petlad units respectively for FY27. M/s. K.C. Moondra & Associates were appointed as cost auditors for the financial year 2026-27. The Board also reconstituted the Audit Committee, Stakeholders Relationship Committee, and Nomination and Remuneration Committee.
The 107th Annual General Meeting is scheduled for September 28, 2026, with a book closure from September 22, 2026, to September 28, 2026.
Historical Stock Returns for PBM Polytex
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +1.74% | +7.09% | -1.23% | +4.79% | -21.92% | -9.39% |
What specific cost-cutting measures drove the significant reduction in total expenses despite the decline in revenue?
How will the company mitigate the financial impact of the newly implemented Labour Codes and the recent wage revision settlement going forward?
With the one-time gain from land sale boosting other income, what is the strategy to sustain profitability in FY27 without such non-recurring items?
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