Sonal Adhesives reported a net loss of ₹2.42 lakh for the quarter ended June 30, 2026, marking a significant contraction from the ₹5.90 lakh loss posted in the previous quarter (March 31, 2026). The company’s total income for the period stood at ₹5.38 lakh, driven primarily by operational revenue of ₹5.00 lakh and other income of ₹0.38 lakh. No comparative figures were provided for the corresponding quarter of the previous fiscal year (Q1FY25).

The Board of Directors approved the unaudited financial results during a meeting held on August 11, 2026. The results have been reviewed by the Audit Committee and prepared in accordance with Indian Accounting Standards (Ind AS) under Section 133 of the Companies Act, 2013.

Financial Performance

Sonal Adhesives operates in a single business segment focused on consultancy and advisory services. The company has no subsidiaries, associates, or joint ventures, making consolidated financial results inapplicable.

Earnings per share (basic and diluted) stood at (₹0.02) for the quarter, compared to (₹0.04) in the preceding quarter. The paid-up equity share capital remained constant at ₹1,428.78 lakh.

What the Numbers Show

The primary operational driver for Sonal Adhesives remains consultancy and advisory services, as disclosed in the filing notes. With total income limited to ₹5.38 lakh against a net loss of ₹2.42 lakh, the company continues to operate at a loss, though the magnitude of the deficit has decreased substantially from the prior quarter. The absence of data for the corresponding period last year prevents a year-on-year growth assessment, but the quarter-on-quarter improvement suggests a stabilization in cost structures or revenue generation relative to Q4FY26.

Sonal Adhesives Limited reported a significant contraction in profitability for the first quarter of FY27, with net profit falling nearly 50% year-on-year. The Khopoli-based adhesive manufacturer posted a net profit of ₹22.89 lakh for the quarter ended June 30, 2026, compared to ₹44.75 lakh in the corresponding period of FY26. Revenue from operations also slipped 3% to ₹2,752.30 lakh, down from ₹2,828.75 lakh a year ago.

The decline in earnings was primarily driven by an increase in cost of materials consumed, which rose to ₹2,251.79 lakh from ₹2,602.13 lakh in Q1FY26, though this figure appears lower in absolute terms due to the revenue drop. However, the margin pressure is evident when comparing expenses against income; total expenses stood at ₹2,735.99 lakh, leaving a slim profit before tax of ₹25.80 lakh. In contrast, the company had reported a profit before tax of ₹56.11 lakh in Q1FY25.

Financial Performance Overview

The financial results, reviewed by statutory auditors Haziyani & Associates, highlight a challenging operating environment. While other income dropped significantly to ₹9.50 lakh from ₹21.35 lakh a year ago, finance costs increased to ₹35.70 lakh from ₹24.82 lakh. Depreciation and amortisation expenses remained relatively stable at ₹33.53 lakh.

What the Numbers Show

A critical observation from the filing is the disproportionate impact of non-operational factors on the bottom line. Other income, which includes interest and miscellaneous gains, fell by more than half to ₹9.50 lakh. Given that the profit before tax is only ₹25.80 lakh, the contribution of other income constitutes approximately 37% of the pre-tax profit. This high dependency on non-core income streams suggests that core operational margins remain thin and vulnerable to fluctuations in interest rates or one-off gains.

Furthermore, the year-to-date performance for FY26 (ended March 31, 2026) shows a total revenue of ₹12,644.41 lakh and a net profit of ₹137.17 lakh. The sharp quarter-on-quarter decline in revenue from ₹3,423.41 lakh in Q4FY26 to ₹2,752.30 lakh in Q1FY27 indicates a potential seasonal slowdown or reduced demand in the immediate post-fiscal period.

Corporate Actions and Appointments

During the same board meeting held on August 12, 2026, the company announced several key administrative appointments for the upcoming fiscal year:

• Secretarial Auditor: The Board appointed CS Prashant Diwan (FCS: 1403) as the Secretarial Auditor for FY27. He brings 43 years of professional experience in corporate compliance and statutory matters.
• Cost Auditor: M/s. S K Agarwal & Associates (FRN: 100322) was appointed as the Cost Auditor for FY27. Their remuneration will be placed before shareholders for ratification at the Annual General Meeting.

AGM Details

The company scheduled its 35th Annual General Meeting for September 24, 2026, to be conducted via video conference. The e-voting period will run from September 21 to September 23, 2026. Shareholders holding shares as on September 18, 2026, will be eligible to vote. The register of members will remain closed from September 18 to September 24, 2026, inclusive.