Prakash Woollen returns to profit in Q4FY26

1 min read     Updated on 20 Jun 2026, 04:12 PM
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Prakash Woollen & Synthetic Mills reported a standalone net profit of ₹144.52 lakh for Q4FY26, reversing the previous quarter's loss. Revenue for the quarter stood at ₹1188.27 lakh. For the full year FY26, the company narrowed its net loss to ₹88.77 lakh from ₹909.13 lakh in the previous year, with total income reaching ₹10631.80 lakh.

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Prakash Woollen & Synthetic Mills returned to profitability in the quarter ended March 31, 2026, reporting a standalone net profit of ₹144.52 lakh. This marks a recovery from the loss of ₹186.40 lakh recorded in the quarter ended December 31, 2025. Revenue from operations for Q4FY26 rose to ₹1188.27 lakh, up from ₹596.98 lakh in the corresponding period of the previous year. For the full financial year ended March 31, 2026, the company reported a net loss of ₹88.77 lakh, a significant improvement from the loss of ₹909.13 lakh in FY25.

The Board of Directors approved the audited standalone financial statements and results for the year and quarter ended March 31, 2026, following the recommendation of the Audit Committee. The meeting was held on May 30, 2026. Statutory auditors Harshit Mehrotra And Associates issued an unmodified opinion on the audited financial results. Vijay Kumar Gupta, Whole Time Director and CFO, confirmed the unmodified opinion in a declaration submitted to the exchange.

Financial Performance

The company's total income for Q4FY26 was ₹1194.38 lakh, driven by operational revenue. Total expenses for the quarter were ₹1144.82 lakh. For the full year FY26, total income stood at ₹10631.80 lakh against total expenses of ₹10737.60 lakh. The financial results include exceptional items amounting to ₹47.82 lakh for the year, comprising profit on the sale of land and building and write-back of revaluation reserve.

Segment and Operational Details

Prakash Woollen operates in a single reportable segment, the manufacture of textiles and made-ups, including blankets. The company noted that this business is seasonal in nature, and therefore, quarterly results are not necessarily representative of the full year's performance. During the reporting period, the company received government assistance, including a capital subsidy of ₹270.98 lakh for machinery and an interest reimbursement grant of ₹114.10 lakh.

Key Financial Metrics

Metric Q4FY26 (₹ in Lakhs) Q4FY25 (₹ in Lakhs) FY26 (₹ in Lakhs) FY25 (₹ in Lakhs)
Revenue from operations 1188.27 596.98 10625.48 10517.37
Total Income 1194.38 597.26 10631.80 10519.40
Total Expenses 1144.82 923.54 10737.60 11428.53
Net Profit/(Loss) 144.52 752.44 (88.77) 125.65
Basic EPS (₹) 1.41 7.33 (0.86) 1.22

Historical Stock Returns for Prakash Woollen & Synthetic Mills

1 Day5 Days1 Month6 Months1 Year5 Years
0.0%-7.91%-10.94%-14.50%-23.87%-28.06%

Can the company sustain this Q4 profitability momentum into the next fiscal year given the seasonal nature of the textile business?

How will the recent capital subsidy of ₹270.98 lakh impact production capacity and operational efficiency in the coming quarters?

What strategic initiatives are planned to bridge the gap between the reduced annual loss and a return to full-year profitability?

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Prakash Woollen receives Rs 6.48 crore compensation from NHAI

1 min read     Updated on 06 Jun 2026, 10:47 PM
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Prakash Woollen & Synthetic Mills Ltd received Rs 6,48,05,244 from NHAI as enhanced compensation for land acquired in FY20. The appellate authority awarded the amount following a favourable order on the company's plea for higher compensation.

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Prakash Woollen & Synthetic Mills Ltd has secured an enhanced compensation of Rs 6,48,05,244 from the National Highways Authority of India (NHAI) following a favourable order by the appellate authority. The payment relates to land acquisition proceedings initiated by the company in the financial year 2019-20.

The company filed a case for the enhancement of compensation during the financial year 2019-20. The appellate authority subsequently ruled in favour of the textile manufacturer, awarding the increased amount. The receipt of funds marks the conclusion of the legal proceedings concerning the land acquisition.

The disclosure was made to BSE Limited pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The notification was submitted by Company Secretary Sneha Agarwal on June 06, 2026.

Details of the Proceeding

The following table outlines the key details of the litigation and the resulting compensation:

Particulars Details
Opposing Party NHAI (National Highways Authority of India)
Forum Court
Nature of Dispute Enhancement of compensation for land acquired in 2019-20
Outcome Favourable order awarding enhanced compensation
Compensation Amount Rs 6,48,05,244
Financial Implications Not Applicable
Quantum of Claims Not Applicable

Historical Stock Returns for Prakash Woollen & Synthetic Mills

1 Day5 Days1 Month6 Months1 Year5 Years
0.0%-7.91%-10.94%-14.50%-23.87%-28.06%

How does Prakash Woollen & Synthetic Mills plan to utilize the Rs 6.48 crore compensation to strengthen its balance sheet?

Will this significant one-time inflow lead to any revisions in the company's earnings guidance for the current fiscal year?

Does the company anticipate any tax liabilities arising from this compensation, and how will it impact net profit?

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