Valley Magnesite FY26 net profit falls 59% to ₹16.18 lakh

Valley Magnesite Co. Ltd reported a 59% decline in net profit to ₹16.18 lakh for the financial year ended March 31, 2026, compared to ₹39.25 lakh in the previous year. The company's total income for FY26 stood at ₹46.86 lakh, a decrease from ₹62.86 lakh in FY25. The Board of Directors approved the audited financial results at a meeting held on May 26, 2026.

For the quarter ended March 31, 2026, the company recorded a net loss of ₹88.68 lakh, in contrast to a net profit of ₹10.09 lakh in the preceding quarter ended December 31, 2025. Total income for Q4FY26 was negative at ₹(87.48) lakh, primarily due to negative other income. The Board has not proposed any dividend for the financial year.

M/s A.K Meharia & Associates, the Statutory Auditor, provided an unmodified opinion on the standalone financial results. The audit was conducted in accordance with the Standards on Auditing specified under section 143(10) of the Companies Act, 2013. The auditor confirmed that the results are presented in accordance with Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Financial Performance

The company's expenses for FY26 totaled ₹40.02 lakh, slightly higher than the ₹35.31 lakh recorded in the previous year. Employee benefit expenses increased to ₹18.57 lakh from ₹16.54 lakh. The basic earnings per share (EPS) for FY26 dropped to ₹1.54 from ₹3.74 in the previous year.

Metric	FY26 (₹ in lakhs)	FY25 (₹ in lakhs)
Total Income	46.86	62.86
Total Expenses	40.02	35.31
Net Profit	16.18	39.25
Basic EPS	1.54	3.74

Assets and Liabilities

As of March 31, 2026, the company's total assets stood at ₹940.51 lakh, a marginal decrease from ₹944.90 lakh in the previous year. Investments constituted a significant portion of current assets at ₹827.71 lakh. The company held assets held for sale worth ₹97.43 lakh. Equity and liabilities totaled ₹940.51 lakh, with equity share capital remaining unchanged at ₹105.00 lakh.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
0.0%	0.0%	0.0%	0.0%	0.0%	0.0%

Valley Magnesite Co. Ltd. has informed the stock exchanges of a forthcoming Board of Directors meeting, scheduled for Tuesday, May 26, 2026. The notice, dated May 11, 2026, was issued pursuant to Regulation 29 and 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and communicated to BSE Ltd. and The Calcutta Stock Exchange Ltd.

Board Meeting Agenda

The Board of Directors will convene to consider and approve key corporate and financial matters. The following items are on the agenda for the meeting:

Audited Financial Results of the company for the last quarter and the full year ended March 31, 2026
Directors' Report for the year ended March 31, 2026

The key details of the scheduled board meeting are summarised below:

Parameter:	Details
Meeting Date:	Tuesday, May 26, 2026
Notice Date:	May 11, 2026
Period Under Review:	Last quarter and year ended March 31, 2026
Regulatory Basis:	Regulation 29 & 30, SEBI (LODR) Regulations, 2015
Exchanges Notified:	BSE Ltd. and The Calcutta Stock Exchange Ltd.

Trading Window Closure

In compliance with SEBI (Prohibition of Insider Trading) Regulations, 2015, the company has announced that the Trading Window will remain closed from May 11, 2026, until the expiry of 48 hours after the declaration of the financial results. This measure is standard practice to prevent insider trading ahead of material financial disclosures.

The notice has been signed by Arun Kumar Agarwalla, Managing Director of Valley Magnesite Co. Ltd., with DIN: 00607272, and carries a digital signature dated May 11, 2026.