Bang Overseas Limited Announces Q3FY26 Results; Reports Fire Incident at Bhiwandi Warehouse

2 min read     Updated on 14 Feb 2026, 08:32 PM
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Overview

Bang Overseas Limited reported Q3FY26 results with standalone revenue of Rs 5,931.15 lakhs and net profit of Rs 6.73 lakhs. For nine months, revenue reached Rs 16,411.51 lakhs with profit of Rs 203.56 lakhs, showing recovery from previous year's loss. The company disclosed a fire incident at its Bhiwandi warehouse in November 2025, resulting in inventory losses of Rs 2,185.55 lakhs covered by insurance. Board approved results and authorized management to arrange an Extra Ordinary General Meeting.

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Bang Overseas Limited announced its unaudited financial results for the quarter and nine months ended December 31, 2025, following a board meeting held on February 14, 2026. The textile manufacturing and trading company reported mixed performance with revenue growth but reduced profitability in the quarterly comparison.

Financial Performance Overview

The company's standalone financial results showed revenue from operations of Rs 5,931.15 lakhs for Q3FY26, representing an increase from Rs 5,091.51 lakhs recorded in Q3FY25. However, net profit declined significantly to Rs 6.73 lakhs in the current quarter compared to Rs 32.38 lakhs in the corresponding quarter of the previous year.

Financial Metric Q3FY26 Q3FY25 9M FY26 9M FY25
Revenue from Operations Rs 5,931.15 lakhs Rs 5,091.51 lakhs Rs 16,411.51 lakhs Rs 14,111.24 lakhs
Total Income Rs 5,965.60 lakhs Rs 5,140.74 lakhs Rs 16,524.37 lakhs Rs 14,321.93 lakhs
Net Profit/(Loss) Rs 6.73 lakhs Rs 32.38 lakhs Rs 203.56 lakhs Rs (420.11) lakhs
Earnings Per Share Rs 0.05 Rs 0.24 Rs 1.50 Rs (3.10)

Nine-Month Performance Shows Recovery

For the nine-month period ended December 31, 2025, Bang Overseas demonstrated a strong turnaround with revenue from operations reaching Rs 16,411.51 lakhs compared to Rs 14,111.24 lakhs in the previous year. More significantly, the company achieved a net profit of Rs 203.56 lakhs, marking a substantial recovery from the net loss of Rs 420.11 lakhs reported in the same period last year.

Fire Incident at Bhiwandi Warehouse

The company disclosed a significant operational incident during the quarter. A fire occurred on the evening of November 25, 2025, at its warehouse located at Rajlaxmi Commercial Complex, BD Building, Second Floor, Gala No. BD201 to BD220, Kalher, Bhiwandi 421302, Thane, Maharashtra. The fire was controlled by around 4:00 AM the next day, November 26, 2025, with no injury or loss of human life reported.

Impact Details Amount
Inventory Loss Rs 2,185.55 lakhs (including GST reversals)
Property, Plant & Equipment Loss Rs 0.55 lakhs
Insurance Coverage Valid policy adequately covers inventory losses
Receivable Recognized At carrying value as on December 31, 2025

Consolidated Results and Subsidiaries

On a consolidated basis, the company reported revenue from operations of Rs 5,920.90 lakhs for Q3FY26 and Rs 16,545.37 lakhs for the nine-month period. The consolidated results include financial performance of subsidiaries Vedanta Creations Limited and Bang HK Limited. The subsidiary companies contributed a net profit of Rs 139.25 lakhs for the nine months ended December 31, 2025.

Board Decisions and Regulatory Compliance

The Board of Directors, in their meeting held on February 14, 2026, approved the unaudited financial results and authorized Mr. Brijgopal Bang, Managing Director, and Mr. Omkar Jadhav, Company Secretary, to finalize arrangements for an Extra Ordinary General Meeting. The results have been prepared in accordance with Indian Accounting Standards and reviewed by statutory auditors M/s. Bharat Gupta & Co.

The company operates primarily in the single business segment of manufacturing and trading of textile products, with export turnover below the threshold limits prescribed under Ind AS 108 for segment reporting purposes.

Historical Stock Returns for Bang Overseas

1 Day5 Days1 Month6 Months1 Year5 Years
-1.54%-5.16%-6.62%-13.13%-19.51%+60.59%

Bang Overseas Limited Appoints New Company Secretary and Compliance Officer

1 min read     Updated on 18 Oct 2025, 12:25 PM
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Reviewed by
Naman SScanX News Team
Overview

Bang Overseas Limited has appointed Mr. Omkar Govind Jadhav Sangeeta as the new Company Secretary, Key Managerial Personnel (KMP), and Compliance Officer, effective October 18, 2025. Mr. Jadhav, with membership number A76360, is an Associate Member of the Institute of Company Secretaries of India, a Law Graduate, and holds a Post Graduate degree in Commerce. The appointment was approved by the Board of Directors in compliance with SEBI regulations.

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Bang Overseas Limited , a company listed on both BSE and NSE, has announced a significant change in its key managerial personnel. The Board of Directors, in a meeting held on October 18, 2025, approved the appointment of Mr. Omkar Govind Jadhav Sangeeta as the new Company Secretary, Key Managerial Personnel (KMP), and Compliance Officer.

Appointment Details

The appointment of Mr. Jadhav comes into effect immediately from October 18, 2025. This decision was made in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Key Information

Detail Information
Name Mr. Omkar Govind Jadhav Sangeeta
Membership Number A76360
Position Company Secretary, KMP, and Compliance Officer
Effective Date October 18, 2025
Board Meeting Conclusion Time 11:50 A.M.

Professional Background

Mr. Jadhav brings a strong educational background to his new role:

  • Associate Member of the Institute of Company Secretaries of India
  • Law Graduate
  • Post Graduate in Commerce with specialization in Business Management from the University of Mumbai

Corporate Governance

In line with regulatory requirements, Bang Overseas Limited has confirmed that Mr. Jadhav is not related to any Director of the company. This disclosure ensures transparency in the appointment process and adherence to corporate governance norms.

This appointment marks a significant step for Bang Overseas Limited in strengthening its corporate secretarial and compliance functions. As the company moves forward with its new Company Secretary, stakeholders will be keen to observe any potential impacts on corporate governance and regulatory compliance practices.

Historical Stock Returns for Bang Overseas

1 Day5 Days1 Month6 Months1 Year5 Years
-1.54%-5.16%-6.62%-13.13%-19.51%+60.59%

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1 Year Returns:-19.51%