Vikram Aroma returns to profit in Q4FY26 on lower costs

Vikram Aroma Limited reported a return to profitability in the fourth quarter of FY26, posting a net profit of ₹15.65 lakh, compared to a net loss of ₹61.47 lakh in the same period last year. This turnaround was driven by a significant reduction in total expenses, which fell to ₹747.97 lakh in Q4FY26 from ₹664.01 lakh in Q4FY25, alongside an 18% rise in revenue from operations to ₹738.80 lakh. Despite the quarterly recovery, the company recorded a net loss of ₹38.42 crore for the full fiscal year FY26, an improvement over the net loss of ₹149.89 crore in FY25.

Financial Performance

The board approved the audited financial results for the quarter and year ended March 31, 2026, at a meeting held on May 26, 2026. Revenue from operations for the full year stood at ₹2,325.24 lakh, a decrease from ₹2,813.58 lakh in the previous year. Total income for FY26 was ₹2,349.05 lakh. The company's earnings per share (EPS) for the year was a loss of ₹1.23, compared to a loss of ₹4.78 in the prior year.

Metric	Q4FY26 (₹ in lakh)	Q4FY25 (₹ in lakh)	FY26 (₹ in lakh)	FY25 (₹ in lakh)
Revenue from Operations	738.80	624.81	2,325.24	2,813.58
Total Expenses	747.97	664.01	2,417.32	2,987.20
Net Profit/(Loss)	15.65	(61.47)	(38.42)	(149.89)
Basic EPS (₹)	0.50	(1.96)	(1.23)	(4.78)

Operational and Balance Sheet Highlights

The company's total assets as of March 31, 2026, stood at ₹3,402.96 lakh, slightly up from ₹3,342.42 lakh in the previous year. Trade receivables increased to ₹488.82 lakh from ₹391.60 lakh, while inventories decreased to ₹502.12 lakh from ₹535.44 lakh. The company reported cash and cash equivalents of ₹15.17 lakh at the end of the fiscal year. Cash generated from operations for the year was ₹105.88 lakh, a reversal from the cash used in operations of ₹265.53 lakh in FY25.

Regulatory and Auditor Details

The financial results were reviewed by the audit committee and approved by the board. The statutory auditor, J. T. Shah & Co., issued an unmodified opinion on the standalone financial results. The company stated that its paid-up equity share capital of ₹313.58 lakh and net worth of ₹2,138.48 lakh do not exceed the stipulated criteria for certain SEBI regulations, exempting it from specific disclosure requirements regarding related party transactions on a consolidated basis.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
-2.58%	+4.77%	+0.83%	-11.82%	-52.26%	-53.53%

Vikram Aroma Limited has submitted its quarterly dematerialization compliance certificate to the Bombay Stock Exchange (BSE) for the quarter ended March 31, 2026. The filing, made on April 10, 2026, fulfills the company's regulatory obligations under SEBI (Depositories and Participants) Regulations, 2018.

Regulatory Compliance Details

The certificate was filed under Regulation 74(5) of the SEBI regulations, with the company confirming proper handling of securities dematerialization processes during the quarter. Managing Director Ankur Patel, bearing DIN 07395218, signed the compliance document on behalf of the company.

Parameter:	Details
Regulation:	SEBI Regulation 74(5)
Quarter Ended:	March 31, 2026
Filing Date:	April 10, 2026
Scrip Code:	544371
Signatory:	Ankur Patel, Managing Director

Registrar Confirmation

Bigshare Services Private Limited, serving as the company's Registrar and Transfer Agent, provided the underlying certification on April 8, 2026. The registrar confirmed that all securities received from depository participants for dematerialization up to March 31, 2026 were properly processed and confirmed to the depositories.

Key confirmations from the registrar include:

Securities received for dematerialization were confirmed to depositories within required timeframes
Security certificates were mutilated and cancelled after due verification
Depository names were substituted in the register of members as registered owners within 15 days of receipt
All dematerialized securities remain listed on the same stock exchanges as earlier issued securities

Depository Notifications

The compliance certificate was also forwarded to both major depositories in India. National Securities Depository Limited (NSDL) and Central Depository Services India Limited (CDSL) received copies of the certification, ensuring comprehensive regulatory compliance across all relevant authorities.

Corporate Information

Vikram Aroma Limited operates from its registered office at A/704-710, The Capital, Science City Road, Ahmedabad, Gujarat 380060. The company maintains its listing on BSE under scrip code 544371, with Bigshare Services Private Limited continuing to serve as its registrar and transfer agent for all share-related services.