PG Foils reports net loss for FY26, revenue declines

PG Foils Limited reported a net loss of ₹824.18 lakh for the financial year ended March 31, 2026, widening from a loss of ₹704.16 lakh in the previous year. Revenue from operations for FY26 stood at ₹31,849.54 lakh, a decrease from ₹33,393.39 lakh in FY25. The board approved the audited standalone financial results for the quarter and year ended March 31, 2026, at a meeting held on May 28, 2026.

Financial Performance

For the quarter ended March 31, 2026, the company recorded a net loss of ₹972.64 lakh, compared to a loss of ₹482.53 lakh in the same quarter of the previous year. Total income for the quarter was ₹8,159.50 lakh. The basic and diluted earnings per share (EPS) for FY26 were reported at (₹6.99), compared to (₹5.99) in the prior year.

Operational Metrics

The cost of materials consumed for FY26 was ₹27,021.94 lakh, while finance costs increased to ₹1,079.33 lakh from ₹876.96 lakh in the previous year. The company's total assets as of March 31, 2026, stood at ₹50,383.77 lakh, up from ₹42,381.05 lakh a year earlier. Cash and cash equivalents decreased to ₹253.69 lakh from ₹1,213.25 lakh.

Auditor and Disclosures

The statutory auditors, M/s Jain P. C. & Associates, provided an unmodified opinion on the audited standalone financial results. The board also approved the re-appointment of statutory auditors for the financial year 2026-2027. The financial results were prepared in accordance with Indian Accounting Standards (Ind AS).

Key Financials (Amount in ₹ Lakh)	FY26	FY25
Total Income from Operations	31,849.54	33,393.39
Net Profit/(Loss) for the period	(824.18)	(704.16)
Total Comprehensive Income	(795.23)	(824.18)
Paid-up Equity Share Capital	1,179.50	1,179.50

Source: https://lodr-files.dhan.co/lodr-inputs/Company/INE078D01012/d06120fc-28c0-48e8-b695-0ca3d2022266.pdf

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
+1.31%	-1.89%	-1.06%	+17.44%	-24.99%	+92.13%

pg foils has appointed CA Varsha Gyanani as its Internal Auditor for FY 2026-27, effective immediately following the approval of its Board of Directors on May 28, 2026. The appointment was made based on the recommendation of the company's Audit Committee to ensure robust internal audit processes for the financial year.

The Board approved the appointment during its meeting held on May 28, 2026. The decision is part of the company's compliance with regulatory requirements and aims to strengthen its internal control mechanisms. The appointed auditor will serve for the duration of FY 2026-27.

CA Varsha Gyanani is a Chartered Accountant holding membership number 479062. She possesses significant expertise in the field of audit, specifically in company audits and income tax audits, which will support the company's financial oversight functions.

Appointment Details

Particulars	Details
Reason for Change	Appointment of CA Varsha Gyanani as an Internal Auditor
Date of Appointment	May 28, 2026
Term of Appointment	FY 2026-27
Designation	Internal Auditor
Qualification	Chartered Accountant
Membership Number	479062
Expertise	Companies and Income Tax Audit