Swadeshi Polytex Limited has formally intimated BSE Limited about the scheduling of its 56th Annual General Meeting (AGM) for the financial year 2025-26. The disclosure was made pursuant to applicable regulatory provisions, with the Board of Directors having approved the AGM date at its meeting held on May 22, 2026.

AGM Details

The following table summarises the key details of the upcoming AGM:

Regulatory Compliance

The AGM will be conducted through Video Conferencing (VC) / Other Audio-Visual Means (OAVM), in accordance with the applicable circulars issued by the Ministry of Corporate Affairs and the Securities and Exchange Board of India. The company has noted that the Notice convening the AGM, along with the Annual Report for the financial year 2025-26, will be submitted in due course, in compliance with applicable regulatory provisions.

The intimation was signed by Anuradha Sharma, Company Secretary of Swadeshi Polytex Limited, and filed with BSE Limited on May 29, 2026.

Swadeshi Polytex Limited has announced its audited financial results for the financial year ended March 31, 2026, reporting a substantial rise in annual net profit. The Board of Directors approved the results during a meeting convened on May 22, 2026. Pursuant to Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the results were published on May 23, 2026 in The Financial Express and Jansatta.

Financial Performance Overview

For the full year ended March 31, 2026, the company reported a net profit of ₹417.57 lakh, a significant increase from the ₹227.59 lakh recorded in the previous year. This growth was driven by a combination of higher total income and reduced overall expenses. The profit before tax for the year improved to ₹506.04 lakh from ₹346.28 lakh in the prior year.

The fourth quarter of the fiscal year also saw the company return to profitability, with a net profit of ₹92.21 lakh compared to a loss of ₹51.90 lakh in the corresponding quarter of the previous year. Total income for the quarter ended March 31, 2026, stood at ₹180.43 lakh.

Income and Expenses Analysis

Total income for FY26 reached ₹797.58 lakh, up from ₹760.76 lakh in the previous year. A major component of this income was interest on term deposits with banks, which amounted to ₹439.52 lakh. The company also recorded a gain of ₹274.73 lakh on changes in the fair value of mutual funds and a profit of ₹80.28 lakh on the sale of property, plant and equipment (PPE) and right of use (ROU) assets.

On the expense side, the company successfully lowered its total outgoings to ₹291.54 lakh for the year, down from ₹414.48 lakh in FY25. Legal and professional expenses for the year were ₹156.01 lakh, while other expenses amounted to ₹127.12 lakh.

Key Financial Metrics

The following table summarizes the key financial figures for the quarter and year ended March 31, 2026:

Balance Sheet and Cash Flows

As of March 31, 2026, the company's total assets stood at ₹11,828.98 lakh, a slight increase from ₹11,539.32 lakh in the previous year. The equity base strengthened, with other equity rising to ₹11,129.81 lakh from ₹10,712.24 lakh. Current assets were primarily driven by investments totaling ₹4,348.44 lakh and bank balances of ₹5,179.58 lakh.

The cash flow statement for the year indicates a net increase in cash and cash equivalents of ₹1.36 lakh, bringing the closing balance to ₹6.16 lakh. Cash generated from operations was negative at ₹584.43 lakh, largely due to working capital changes, while investing activities provided a net inflow of ₹641.79 lakh, primarily from proceeds on the disposal of assets and interest received.