Ventura Textiles narrows FY26 net loss to ₹36.05 lakh

2 min read     Updated on 21 May 2026, 04:48 PM
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AI Summary

Ventura Textiles Limited announced its audited financial results for the year ended March 31, 2026, reporting a narrowed net loss of ₹36.05 lakh compared to ₹117.32 lakh in FY25. The company saw a decline in total income from operations to ₹43.90 lakh, while total expenses decreased substantially to ₹39.90 lakh. Additionally, the board approved a proposal to change the company's name and diversify into the beverages sector.

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Ventura Textiles Limited has announced its audited financial results for the quarter and financial year ended March 31, 2026. The company reported a net loss of ₹36.05 lakh for the full fiscal year, a significant improvement from the net loss of ₹117.32 lakh recorded in the previous year. For the quarter ended March 31, 2026, the net loss stood at ₹10.35 lakh.

The board of directors approved the audited financial results alongside the auditor's report. The statutory auditors, M/s. Govind Prasad & Company, issued an unmodified opinion on the financial statements. The company stated that the results were prepared in accordance with Indian Accounting Standards (Ind AS) and reviewed by the Audit Committee.

Financial Performance

Total income from operations for the financial year ended March 31, 2026, was reported at ₹43.90 lakh, a decrease from ₹52.90 lakh in the prior year. The company did not record any income from operations during the current year, compared to ₹11.47 lakh in the previous year. Other income for the year rose to ₹4.89 lakh from ₹1.24 lakh in the previous fiscal year.

Total expenses for the year decreased to ₹39.90 lakh from ₹130.02 lakh in the previous year. This reduction was primarily driven by the absence of material consumption costs, which were ₹85.29 lakh in the previous year, and a decrease in other expenses. Finance costs for the year amounted to ₹19.30 lakh, down from ₹21.51 lakh in the previous year.

Key Financial Metrics

Metric Year Ended Mar 31, 2026 (₹ in Lakh) Year Ended Mar 31, 2025 (₹ in Lakh)
Total Income 4.89 12.71
Total Expenses 39.90 130.02
Net Loss (36.05) (117.32)
Basic EPS (0.18) (0.60)

Strategic Decisions

In addition to the financial results, the board approved a proposal to change the name of the company. This decision is subject to the approval of shareholders and relevant regulatory authorities. The proposed name change aligns with the alteration of the Object Clause of the Memorandum of Association, which was approved by shareholders at the Annual General Meeting held on September 30, 2025.

The company intends to diversify its business activities to include beverages, breweries, distilleries, aerated water, and mineral water. The board has authorized making an application for the reservation of a new name through the e-Form RUN process with the Ministry of Corporate Affairs.

Historical Stock Returns for Ventura Textiles

1 Day5 Days1 Month6 Months1 Year5 Years
+0.76%+4.87%-0.43%-6.37%-15.82%+85.20%

How will Ventura Textiles' planned pivot into beverages and distilleries impact its ability to secure new financing given its ongoing net losses and existing finance costs of ₹19.30 lakh?

What regulatory hurdles and capital requirements might the company face when entering the highly competitive and compliance-intensive beverages and brewery sector in India?

Will the complete absence of operational income from core textile activities in FY2026 signal a full exit from the textiles business, and how might this affect existing supplier and customer relationships?

Ventura Textiles Board Meeting Scheduled on May 19, 2026 to Consider FY26 Audited Results and Name Change

1 min read     Updated on 12 May 2026, 08:19 PM
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Ventura Textiles Limited has informed the BSE of a Board of Directors meeting to be held on May 19, 2026, as per Regulation 29(1)(a) and Regulation 33 of the SEBI (LODR) Regulations, 2015. The meeting will consider the audited financial results and audit reports for the quarter and year ended March 31, 2026. The board will also deliberate on a proposed change in the company's name, which will require approval from statutory authorities and shareholders. The filing was made on May 12, 2026, and signed by Chairman & Managing Director P. M. Rao.

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Ventura Textiles Limited has notified the BSE of an upcoming Board of Directors meeting, scheduled for Tuesday, May 19, 2026. The intimation, dated May 12, 2026, was filed pursuant to Regulation 29(1)(a), Regulation 33, and other applicable regulations of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Agenda for the Board Meeting

The board meeting has been convened to consider and approve two key items. The following table outlines the agenda as disclosed in the regulatory filing:

Agenda Item: Details
Financial Results: Audited financial results along with audit reports for the quarter and year ended March 31, 2026
Corporate Action: Change of name of the Company, subject to approval of Statutory Authorities and Shareholders
Meeting Date: Tuesday, May 19, 2026
Filing Date: May 12, 2026
Regulatory Basis: Regulation 29(1)(a) and Regulation 33, SEBI (LODR) Regulations, 2015

Audited Financial Results for FY26

The board is set to consider and take on record the audited financial results of the company for the quarter and full year ended March 31, 2026, along with the corresponding audit reports. This disclosure is in compliance with the mandatory reporting requirements under SEBI's Listing Obligations and Disclosure Requirements Regulations.

Proposed Change of Company Name

In addition to the financial results, the board will deliberate on a proposed change in the company's name. This change, if approved by the board, will remain subject to the requisite approvals from statutory authorities and the company's shareholders before it can be formally effected.

The intimation was signed by P. M. Rao, Chairman & Managing Director (DIN: 00197973), on behalf of Ventura Textiles Limited, whose registered office is located at 1010, Meadows, Sahar Plaza, J.B. Nagar, A.K. Road, Andheri (East), Mumbai – 400 059.

Historical Stock Returns for Ventura Textiles

1 Day5 Days1 Month6 Months1 Year5 Years
+0.76%+4.87%-0.43%-6.37%-15.82%+85.20%

What new name is Ventura Textiles Limited likely to adopt, and does it signal a strategic pivot away from the textiles sector into a new business vertical?

How have Ventura Textiles' revenue and profitability trends evolved over FY26, and will the audited results reveal any significant improvement or deterioration compared to FY25?

Could the proposed name change be linked to a broader restructuring, merger, or acquisition activity that the company may be planning in the near future?

More News on Ventura Textiles

1 Year Returns:-15.82%