Priti International FY26 net profit falls 81% to ₹90.15 lakh

2 min read     Updated on 30 May 2026, 07:04 AM
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Jubin VScanX News Team
AI Summary

Priti International reported an 81% decline in net profit to ₹90.15 lakh for FY26, with revenue falling 66.6% to ₹2574.34 lakh. The board approved the audited results on May 29, 2026. The Wooden and Iron Handicraft segment led revenue at ₹1725.64 lakh.

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Priti International reported a significant decline in financial performance for the financial year ended March 31, 2026, with net profit falling 81% to ₹90.15 lakh. The company's revenue from operations dropped 66.6% to ₹2574.34 lakh, down from ₹7706.35 lakh in the previous year. Total revenue for FY26 stood at ₹2830.80 lakh, a sharp decrease from ₹8026.22 lakh in FY25.

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 29, 2026. The results were reviewed by the audit committee and received an unmodified opinion from statutory auditors P Singhvi & Associates. The company operates in three segments: Wooden and Iron Handicraft, Textile Handicraft, and Solar and Product.

Financial Performance

For the quarter ended March 31, 2026, the company reported a net profit of ₹17.33 lakh, a decrease from ₹83.82 lakh in the same period last year. Revenue from operations for the quarter stood at ₹603.38 lakh, compared to ₹1586.65 lakh in the corresponding quarter of the previous year. Total expenses for the year increased to ₹2704.12 lakh from ₹7386.45 lakh in the prior year.

Metric FY26 (₹ in Lakhs) FY25 (₹ in Lakhs)
Revenue from Operations 2574.34 7706.35
Total Revenue 2830.80 8026.22
Total Expenses 2704.12 7386.45
Profit Before Tax 126.68 639.77
Net Profit 90.15 475.39
Earnings Per Share (Basic) 0.68 3.56

Segment Results

The Wooden and Iron Handicraft segment contributed the most to revenue, generating ₹1725.64 lakh for the year, followed by the Solar and Product segment at ₹744.86 lakh. The Textile Handicraft segment reported revenue of ₹103.83 lakh. Total segment profit before interest and tax was ₹960.12 lakh for FY26.

Segment Revenue FY26 (₹ in Lakhs) Segment PBIT FY26 (₹ in Lakhs)
Wooden and Iron Handicraft 1725.64 643.59
Textile Handicraft 103.83 38.72
Solar and Product 744.86 277.80
Total 2574.34 960.12

Balance Sheet and Cash Flows

The company's total assets as of March 31, 2026, were ₹7823.66 lakh, slightly lower than ₹7839.33 lakh in the previous year. Total equity stood at ₹7216.02 lakh, while total liabilities were ₹607.64 lakh. Cash and cash equivalents improved to ₹52.57 lakh from ₹7.23 lakh at the end of the previous year. Net cash generated from operating activities was ₹118.52 lakh for the year.

Historical Stock Returns for Priti International

1 Day5 Days1 Month6 Months1 Year5 Years
-0.57%-4.05%-8.46%-31.73%-56.56%+75.07%

What strategic initiatives will Priti International implement to reverse the 66.6% revenue decline in the Wooden and Iron Handicraft segment?

Will the company shift its capital allocation strategy towards the Solar and Product segment given its relatively stable performance?

How does the company plan to manage total expenses, which remain disproportionately high relative to the current revenue levels?

Promoter confirms no encumbrance in FY26

1 min read     Updated on 23 May 2026, 02:01 PM
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Leela Lohiya, a member of the Promoter Group of Priti International, confirmed that no shares were encumbered or pledged during FY26. The declaration, submitted to NSE and the Audit Committee under SEBI Regulation 31(4), verifies the unencumbered status of holdings as of March 31, 2026.

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Leela Lohiya, a member of the Promoter Group of priti international , has confirmed that no shares held by her or persons acting in concert were encumbered or pledged during the financial year ended March 31, 2026. The disclosure was submitted to the National Stock Exchange of India Limited and the company's Audit Committee in compliance with regulatory requirements.

Declaration Details

The confirmation was provided under Regulation 31(4) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. In the intimation dated April 04, 2026, Lohiya stated that neither she nor any persons acting in concert had created any direct or indirect encumbrance on the shares held in Priti International Limited during the specified financial year.

Status as of March 31, 2026

Lohiya further verified that as of March 31, 2026, none of the shares held by the promoter group were encumbered or pledged. The declaration serves to assure the exchanges and shareholders regarding the unencumbered status of the promoter's holdings at the close of the fiscal year.

Detail Information
Promoter Group Member Leela Lohiya
Financial Year FY26 (Ended March 31, 2026)
Regulation SEBI Regulation 31(4)
Encumbrance Status None

The letter was addressed to the National Stock Exchange of India Limited and the Audit Committee of Priti International Limited, with the company's Corporate Identification Number (CIN) listed as L36994RJ2017PLC058454.

Historical Stock Returns for Priti International

1 Day5 Days1 Month6 Months1 Year5 Years
-0.57%-4.05%-8.46%-31.73%-56.56%+75.07%

How does Priti International's promoter group's zero-encumbrance status compare to industry peers, and could this strengthen investor confidence in the company's governance?

Are there any upcoming capital raising plans or strategic expansions at Priti International that the unencumbered promoter holdings could potentially support?

Could the clean pledging record of the promoter group influence institutional investor interest or analyst ratings for Priti International in FY27?

1 Year Returns:-56.56%