Suryaamba Spinning FY26 PAT Rises to ₹304.28 Lakh

1 min read     Updated on 25 May 2026, 02:58 PM
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Suryaamba Spinning Mills reported a 159% increase in PAT for FY26 to ₹304.28 lakh, while revenue from operations decreased slightly to ₹20,702.44 lakh. The board recommended a final dividend of ₹1 per share, subject to shareholder approval.

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Suryaamba Spinning Mills has announced its audited standalone financial results for the quarter and year ended March 31, 2026. The board approved the results at its meeting held on Saturday, May 23, 2026. The company reported a Profit After Tax (PAT) of ₹304.28 lakh for the financial year 2025-26, a significant increase compared to ₹117.29 lakh in the previous year. For the quarter ended March 31, 2026, the PAT stood at ₹71.56 lakh.

Financial Performance

The company's revenue from operations for the year ended March 31, 2026, was ₹20,702.44 lakh, slightly lower than the ₹21,465.76 lakh recorded in the previous year. Total income for FY26 was ₹20,779.92 lakh. The board also recommended a final dividend of ₹1 per equity share of face value ₹10 each for the financial year ended March 31, 2026, subject to shareholder approval at the ensuing 19th Annual General Meeting.

Metric FY26 (₹ in Lakhs) FY25 (₹ in Lakhs)
Revenue from Operations 20,702.44 21,465.76
Total Income 20,779.92 21,539.66
Total Expenses 20,362.70 21,254.69
Profit Before Tax 412.10 284.97
Profit After Tax 304.28 117.29
Earnings Per Share (Basic) 10.38 4.00

Auditor and Compliance Updates

M/s. Manish N. Jain, Chartered Accountants, issued an unmodified opinion on the standalone financial statements. The report confirms that the results give a true and fair view in conformity with Indian Accounting Standards (Ind AS). The board also addressed an exceptional item of ₹5.12 lakh related to the reassessment of employee benefit obligations due to the New Labour Codes.

Trading Window Status

Pursuant to SEBI regulations, the trading window for Designated Persons, which had been closed from April 01, 2026, will reopen 48 hours after the declaration of the financial results on May 23, 2026. Kriti Ladha, Company Secretary & Compliance Officer, filed the regulatory intimation regarding the meeting outcome.

Regulatory Disclosure

The company submitted copies of the newspaper advertisement of the audited financial results to BSE Limited on May 25, 2026. The results were published in Business Standard (English Daily) and Ninadam (Telangana Daily) on the same day. The documents are also available on the company's website.

Historical Stock Returns for Suryaamba Spinning Mills

1 Day5 Days1 Month6 Months1 Year5 Years
-5.20%-5.24%+5.15%-6.69%-20.52%+26.81%

How might Suryaamba Spinning Mills plan to reverse the slight revenue decline in FY26 and what growth strategies could drive top-line expansion in FY27?

Given the significant improvement in PAT margins despite lower revenues, what cost optimization measures could the company sustain or further enhance going forward?

How will the implementation of New Labour Codes impact Suryaamba Spinning Mills' employee benefit obligations and overall cost structure in the coming fiscal years?

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Suryaamba appoints Wadhwani Sherke & Co as internal auditor

1 min read     Updated on 23 May 2026, 06:54 PM
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Suryaamba Spinning Mills Limited has appointed Wadhwani Sherke & Co., Chartered Accountants, as its internal auditor for FY 2026-27, effective May 23, 2026. The Nagpur-based firm specializes in taxation, internal audit, and financial reporting.

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suryaamba spinning mills has appointed Wadhwani Sherke & Co., Chartered Accountants, as its internal auditor for the financial year 2026-27. The decision was approved by the company's Board of Directors in a meeting held on May 23, 2026. The appointment is pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The appointed firm, Wadhwani Sherke & Co., is based in Nagpur and holds Firm Registration Number (FRN) 151075W. The firm's fields of experience include taxation, internal and management audit, audit and assurance, business process outsourcing, financial reporting and control, personal financial planning, and cost control audit.

Key Details of Appointment

The disclosure regarding the appointment was submitted to the stock exchanges to comply with regulatory requirements. The appointment is effective from the date of the board meeting.

Appointment Summary

Particulars Details
Name of Internal Auditor Wadhwani Sherke & Co., Chartered Accountants, Nagpur (FRN 151075W)
Reason for Change Appointment as the Internal Auditors of the Company
Date of Appointment May 23, 2026
Tenure Financial Year 2026-27

The company confirmed that there are no disclosures required regarding relationships between directors, as the appointment pertains to an external audit firm and not a director.

Historical Stock Returns for Suryaamba Spinning Mills

1 Day5 Days1 Month6 Months1 Year5 Years
-5.20%-5.24%+5.15%-6.69%-20.52%+26.81%

What specific internal control weaknesses or compliance gaps might Wadhwani Sherke & Co. prioritize addressing at Suryaamba Spinning Mills given the textile industry's current regulatory environment?

How might the appointment of a Nagpur-based audit firm with cost control audit expertise signal a strategic shift in Suryaamba Spinning Mills' operational efficiency goals for FY 2026-27?

Will the internal audit findings influence Suryaamba Spinning Mills' capital allocation decisions or expansion plans in the competitive spinning sector?

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