Sundrex Oil FY26 net profit rises 1.2%, revenue surges 64.7%
Sundrex Oil Company Limited reported a consolidated net profit of ₹550.99 lakh for FY26, a 1.2% increase, with revenue surging 64.7% to ₹11,071.04 lakh. The Board approved the audited financial results and appointed M/s Anil Malani & Associates as Internal Auditor and Mr. Anil Kumar Dubey as Secretarial Auditor. IPO proceeds of ₹2,025.34 lakh were utilized out of ₹3,225.34 lakh, with the timeline for capital expenditure extended to FY 26-27.

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Sundrex Oil Company Limited reported a consolidated net profit of ₹550.99 lakh for the financial year ended March 31, 2026, representing a 1.2% increase from ₹544.46 lakh in the previous year. Revenue from operations surged 64.7% to ₹11,071.04 lakh from ₹6,719.68 lakh in FY25, driven by higher operational activity. The company’s earnings per share (EPS) for the year stood at ₹5.20, down from ₹8.12 in the prior year.
The Board of Directors, in its meeting held on May 23, 2026, approved the audited financial results for both standalone and consolidated entities. The statutory auditors, Jain Sonu & Associates, issued an unmodified opinion on the financial statements. The audit confirmed compliance with Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
Financial Performance
The company’s total income for FY26 rose to ₹11,229.62 lakh from ₹6,911.86 lakh in the previous year. Total expenses increased to ₹10,504.41 lakh from ₹6,207.24 lakh, primarily due to higher costs of raw materials consumed, which rose to ₹9,486.09 lakh from ₹5,702.69 lakh. Finance costs also increased to ₹225.69 lakh from ₹179.86 lakh.
| Metric | FY26 (Amount in Lakhs) | FY25 (Amount in Lakhs) |
|---|---|---|
| Revenue from Operations | 11,071.04 | 6,719.68 |
| Total Income | 11,229.62 | 6,911.86 |
| Total Expenses | 10,504.41 | 6,207.24 |
| Profit Before Tax | 725.22 | 704.63 |
| Net Profit | 550.99 | 544.46 |
| Earnings Per Share (₹) | 5.20 | 8.12 |
Auditor Appointments
The Board approved the appointment of M/s Anil Malani & Associates as the Internal Auditor for the financial year 2026-27. Additionally, Mr. Anil Kumar Dubey, Partner of M/s M & A Associates, was appointed as the Secretarial Auditor for the financial year 2025-26, subject to shareholder approval at the ensuing Annual General Meeting. Both appointees confirmed they have no relationship with the company's Board of Directors or Key Managerial Personnel.
IPO Proceeds Utilization
A certificate from the statutory auditors confirmed the utilization of net proceeds from the company's Initial Public Offering (IPO) up to March 31, 2026. The total amount disclosed in the offer document was ₹3,225.34 lakh, of which ₹2,025.34 lakh was utilized. An unutilized amount of ₹1,200.00 lakh is maintained in a dedicated Fixed Deposit account. The company noted that the timeline for utilizing funds earmarked for capital expenditure has been extended to FY 26-27 due to global macro-economic factors affecting the petroleum sector.
Historical Stock Returns for Sundrex Oil Company
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| 0.0% | -11.72% | -6.45% | -55.66% | -55.66% | -55.66% |
How does the company plan to mitigate the rising cost of raw materials that pressured margins despite the revenue surge?
What specific capital expenditure projects are prioritized for the extended timeline in FY 26-27 using the unutilized IPO proceeds?
Will the company maintain its current dividend policy given the significant decline in earnings per share?


























