Purple Agrotech FY26 net profit falls to ₹16.45 lakh

1 min read     Updated on 29 May 2026, 08:53 PM
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Purple Agrotech Industries Limited reported a net profit of ₹16.45 lakh for FY26, a decline from ₹30.80 lakh in the previous year, while revenue from operations surged to ₹1,999.59 lakh from nil. The Board approved the audited results on May 29, 2026, and appointed Mr. Naishadh Dineshbhai Modi as Chairman. The statutory auditors issued an unmodified opinion on the financial results.

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Purple Agrotech Industries Limited reported a net profit of ₹16.45 lakh for the financial year ended March 31, 2026, a decrease from ₹30.80 lakh in the previous year. The company recorded revenue from operations of ₹1,999.59 lakh for FY26, compared to nil in the prior year. For the quarter ended March 31, 2026, the company reported a net loss of ₹0.74 lakh.

The Board of Directors approved the audited financial results for the quarter and year ended March 31, 2026, at a meeting held on May 29, 2026. Additionally, the Board appointed Mr. Naishadh Dineshbhai Modi, Managing Director & CFO, as Chairman of the Company effective immediately. The statutory auditors, M/s. HSK & Co. LLP, issued an unmodified opinion on the audited financial results.

Financial Performance

The company's total income for FY26 stood at ₹2,101.10 lakh, up from ₹123.01 lakh in the previous year. Total expenses for the year increased to ₹2,077.75 lakh from ₹81.68 lakh in FY25. The profit before tax for the year was ₹23.35 lakh, lower than the ₹41.33 lakh reported in the preceding year.

Key Financial Metrics (FY26)

Metric Amount (₹ in lakh) Previous Year (₹ in lakh)
Revenue from Operations 1,999.59 -
Total Income 2,101.10 123.01
Total Expenses 2,077.75 81.68
Profit Before Tax 23.35 41.33
Net Profit 16.45 30.80
Basic EPS 0.19 0.36

Balance Sheet and Cash Flows

As of March 31, 2026, the company's total assets stood at ₹2,109.30 lakh, an increase from ₹1,933.31 lakh in the previous year. Shareholders' funds improved to ₹1,027.85 lakh from ₹1,011.40 lakh. Cash and cash equivalents surged to ₹589.73 lakh as of March 31, 2026, compared to ₹58.00 lakh a year earlier.

The net cash flow generated from operating activities was negative at ₹(496.65) lakh for FY26, compared to a positive inflow of ₹331.57 lakh in the previous year. Investing activities provided a net cash inflow of ₹1,050.67 lakh, primarily driven by an increase in loans and redemption of fixed deposits.

Historical Stock Returns for Purple Agrotech Industries

1 Day5 Days1 Month6 Months1 Year5 Years
+9.98%+12.22%-4.17%-2.82%+39.49%-85.78%

What strategies will the new Chairman implement to improve profit margins given the surge in revenue?

How does the company plan to address the negative operating cash flow amidst rising cash reserves?

Will the significant increase in revenue from operations be sustained in the coming fiscal year?

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Purple Agrotech board to meet on May 29 to consider Q4 FY26 results

1 min read     Updated on 21 May 2026, 06:28 PM
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Purple Agrotech Industries Limited has scheduled a board meeting for May 29, 2026, to consider and approve the audited standalone financial results for the fourth quarter and financial year ended March 31, 2026. The trading window for the company's securities will reopen 48 hours after the results are declared.

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Purple Agrotech Industries Limited has announced that its board of directors will meet on Friday, May 29, 2026. The primary agenda for the meeting is to consider and approve the audited standalone financial results of the company for the fourth quarter and the financial year ended March 31, 2026. The meeting is scheduled to take place at the company's registered office in Ahmedabad.

Agenda for the Meeting

The board will deliberate on the financial performance for the specified period. The notice confirms that the meeting is being convened under Regulation 29 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Apart from the financial results, the board may also consider any other matter with the permission of the chair.

Trading Window Closure

In accordance with the company's code of conduct framed under the SEBI (Prohibition of Insider Trading) Regulations, 2015, the trading window for dealing in the company's securities remains closed. The window is set to reopen 48 hours after the declaration of the audited standalone financial results for the fourth quarter and financial year ended March 31, 2026. This closure applies to all designated persons, their immediate relatives, and connected persons.

Key Details

Detail Information
Company Name Purple Agrotech Industries Limited
Meeting Date May 29, 2026
Meeting Purpose Consideration of Audited Standalone Financial Results for Q4 and FY26
Financial Year End March 31, 2026
Trading Window Reopens 48 hours after result declaration

Historical Stock Returns for Purple Agrotech Industries

1 Day5 Days1 Month6 Months1 Year5 Years
+9.98%+12.22%-4.17%-2.82%+39.49%-85.78%

How has Purple Agrotech Industries Limited's revenue and profitability trended across quarters in FY26, and what growth trajectory can investors expect for FY27?

Will Purple Agrotech Industries consider declaring a dividend or announcing any capital allocation plans following the approval of its FY26 audited results?

How might the company's FY26 financial performance compare against peers in the Indian agrotech sector, and what does this signal about its competitive positioning?

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