Visagar Polytex narrows net loss to ₹153.72 lakh in FY26

2 min read     Updated on 30 May 2026, 11:16 AM
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Visagar Polytex Limited reported a narrowed net loss of ₹153.72 lakh for the financial year ended March 31, 2026, compared to a net loss of ₹166.40 lakh in the previous year. Revenue from operations increased to ₹11.52 lakh from zero, while total expenditure decreased to ₹174.15 lakh. The Board approved the audited financial results and re-appointed Mr. Lakhpat M. Trivedi as Internal Auditor for FY 2026-27.

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Visagar Polytex Limited reported a net loss of ₹153.72 lakh for the financial year ended March 31, 2026, narrowing from a net loss of ₹166.40 lakh in the previous year. The company recorded revenue from operations of ₹11.52 lakh for the year, a significant increase from zero in the prior year, while total income rose to ₹12.46 lakh from ₹1.51 lakh. For the quarter ended March 31, 2026, the net loss was ₹42.37 lakh, with revenue from operations remaining at zero.

The Board of Directors, in its meeting held on May 29, 2026, approved the audited standalone financial results for the quarter and year ended March 31, 2026. The meeting also sanctioned the re-appointment of Mr. Lakhpat M. Trivedi as the Internal Auditor of the company for the financial year 2026-27. The trading window for dealing in the company's securities will open 48 hours after the results were made public.

Total expenditure for the year decreased to ₹174.15 lakh from ₹179.64 lakh in the previous year. Finance costs for the year stood at ₹43.24 lakh, down from ₹50.25 lakh, while depreciation and amortisation expenses were ₹49.91 lakh compared to ₹64.38 lakh. The company reported a deferred tax expense of ₹7.97 lakh for the year.

The standalone balance sheet as of March 31, 2026, showed total assets of ₹600.69 lakh, down from ₹727.58 lakh in the previous year. Non-current assets decreased to ₹208.99 lakh from ₹272.93 lakh, while current assets stood at ₹391.70 lakh compared to ₹454.65 lakh. Equity and liabilities totaled ₹600.69 lakh, with equity showing a negative balance of ₹40.72 lakh against a positive balance of ₹113.13 lakh in the prior year.

The cash flow statement for the year ended March 31, 2026, indicated a net cash flow from operating activities of ₹17.47 lakh, a decrease from ₹76.83 lakh in the previous year. Cash and cash equivalents at the end of the year stood at ₹17.49 lakh. The auditor's report, issued by M/s. Bhatther and Associates, confirmed that the financial results present a true and fair view in conformity with the applicable Indian accounting standards.

Financial Results for the Year Ended March 31, 2026

Particulars Year Ended 31/03/2026 (₹ in Lakhs) Year Ended 31/03/2025 (₹ in Lakhs)
Revenue from Operations 11.52 0
Other Income 0.94 1.51
Total Income 12.46 1.51
Total Expenditure 174.15 179.64
Profit/Loss before Tax (161.69) (178.13)
Net Profit/Loss (153.72) (166.40)

Key Board Decisions

  • Approved audited standalone financial results for the quarter and year ended March 31, 2026.
  • Re-appointed Mr. Lakhpat M. Trivedi as Internal Auditor for FY 2026-27.

Historical Stock Returns for Visagar Polytex

1 Day5 Days1 Month6 Months1 Year5 Years
0.0%+16.00%-3.33%-19.44%-33.33%-47.27%

What strategic initiatives will Visagar Polytex implement to sustain the operational revenue growth achieved in FY26?

How does the company plan to address the negative equity balance and restore shareholder value in the upcoming fiscal year?

Will the reduction in finance costs and depreciation continue into FY27, or are these one-time adjustments?

Visagar Polytex Limited Submits SEBI Compliance Certificate for Q4 FY26

1 min read     Updated on 13 Apr 2026, 09:55 PM
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Visagar Polytex Limited filed its SEBI Regulation 74(5) compliance certificate for Q4 FY26, issued by registrar Adroit Corporate Services Pvt. Ltd. The certificate confirms proper processing of dematerialisation requests, with securities certificates mutilated and cancelled after verification, and depository names substituted in the member register within 15 days as required.

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Visagar Polytex Limited has submitted its quarterly compliance certificate under Regulation 74(5) of Securities and Exchange Board of India (Depositories and Participants) Regulations, 2018 for the quarter and financial year ended 31st March, 2026. The certificate demonstrates the company's adherence to regulatory requirements governing dematerialisation processes.

Regulatory Compliance Certificate

The certificate was issued by M/s. Adroit Corporate Services Pvt. Ltd., which serves as the registrar and share transfer agent for Visagar Polytex Limited. The document confirms that all securities received from depository participants for dematerialisation during Q4 FY26 were properly processed and confirmed to the depositories.

Parameter Details
Reporting Period Quarter and FY ended 31st March, 2026
Regulation SEBI Regulation 74(5)
Registrar Adroit Corporate Services Pvt. Ltd.
Certificate Date 01 April 2026

Dematerialisation Process Confirmation

The certificate confirms several key compliance aspects of the dematerialisation process. All securities received for dematerialisation were either accepted or rejected and properly communicated to the depositories. The securities comprised in the certificates have been listed on stock exchanges where the company's earlier issued securities are already listed.

Additionally, the registrar confirmed that security certificates received for dematerialisation have been mutilated and cancelled after due verification by the depository participant. The names of the depositories have been substituted in the register of members as registered owners within the prescribed 15-day timeframe.

Company Information

Visagar Polytex Limited, incorporated under CIN L65990MH1983PLC030215, is headquartered at 907/908, Dev Plaza, S.V. Road, Opp. Andheri Fire Station, Andheri (W), Mumbai, Maharashtra. The certificate was signed by Tilokchand Kothari, Managing Director (DIN: 00413627), and submitted to both BSE Limited and The National Stock Exchange of India Limited.

Stock Exchange Details

The company's securities are listed on major Indian stock exchanges with the following identifiers:

Exchange Code/Symbol
BSE Scrip Code 506146
NSE/BSE Symbol VIVIDHA
ISIN Code INE370E01029

This quarterly filing represents part of the company's ongoing regulatory compliance obligations, ensuring transparency and proper governance in securities handling and depository operations.

Historical Stock Returns for Visagar Polytex

1 Day5 Days1 Month6 Months1 Year5 Years
0.0%+16.00%-3.33%-19.44%-33.33%-47.27%

How might Visagar Polytex's consistent regulatory compliance impact investor confidence and institutional investment interest in the coming quarters?

What strategic initiatives could Visagar Polytex pursue to leverage its strong governance framework for business expansion in FY27?

Will the company's demonstrated compliance capabilities position it favorably for potential inclusion in ESG-focused investment portfolios?

More News on Visagar Polytex

1 Year Returns:-33.33%