Candour Techtex Limited has announced its unaudited standalone financial results for the quarter ended 31st December 2025, revealing a challenging operational performance with significant revenue decline and profitability concerns.

Financial Performance Overview

The company reported a net loss of ₹63.12 lakhs for Q3FY26 compared to a profit of ₹28.08 lakhs in the corresponding quarter of the previous year. This represents a substantial deterioration in profitability, marking a shift from positive to negative earnings.

Revenue Analysis

Revenue from operations declined dramatically by 85.70% to ₹664.01 lakhs in Q3FY26 from ₹4,642.82 lakhs in Q3FY25. Other income increased significantly to ₹117.24 lakhs from ₹22.34 lakhs, partially offsetting the operational revenue decline. Total income decreased to ₹781.25 lakhs from ₹4,665.17 lakhs in the previous year.

Nine Months Performance

For the nine months ended 31st December 2025, the company's performance showed similar trends with revenue declining to ₹6,060.32 lakhs from ₹13,427.86 lakhs in the corresponding period of the previous year. The company reported a net loss of ₹263.58 lakhs compared to a profit of ₹141.46 lakhs in the nine months ended 31st December 2024.

Segment-wise Performance

The company operates across multiple segments with varying performance levels:

The Trading Division, which contributed significantly to revenue in Q3FY25 with ₹4,161.24 lakhs, reported no revenue in Q3FY26, explaining the substantial overall revenue decline.

Corporate Developments

The company's paid-up equity share capital increased during the quarter due to the allotment of 4,00,000 equity shares of ₹10 each at a premium of ₹73.70 per share on 12th December 2025, following the exercise of warrant conversion options by allottees. The board meeting to approve these results was held on 14th February 2026, with the meeting commencing at 3:00 pm and concluding at 4:15 pm.

Candour Techtex Limited has announced a significant change in its proposed preferential issue allottee structure, replacing the originally designated recipient due to eligibility concerns. The company disclosed this development under Regulation 30 of the Securities and Exchange Board of India (Listing Obligation and Disclosure Requirement) Regulation, 2015.

Background of Preferential Issue

The preferential issue was approved at the company's Extraordinary General Meeting held on November 20, 2025. The EGM Notice, dated October 20, 2025, had initially disclosed the names of proposed allottees for equity shares and warrants under the preferential issue framework.

Change in Allottee Details

The original proposal included equity shares aggregating up to a maximum of 20,000 shares to be allotted to Mr. Anand Srivastav under the non-promoter category. However, the company subsequently discovered that Mr. Anand Srivastav is not eligible to receive shares under the proposed preferential issue.

New Allottee Profile

Mr. Rajesh Rajnikant Shah will now receive the proposed allocation of 20,000 equity shares. The company has provided detailed disclosures regarding the new allottee as prescribed under Regulation 163 of the SEBI (ICDR) Regulations, 2018.

Impact on Share Structure

The shareholding structure analysis reveals the minimal impact of this allotment on the overall equity composition:

• Pre-issue holding: Mr. Rajesh Rajnikant Shah currently holds zero shares in the company
• Proposed allotment: 20,000 equity shares
• Post-issue percentage: 0.08% of existing paid-up share capital
• Diluted basis percentage: 0.0057% considering conversion of existing and proposed warrants

Regulatory Compliance

The disclosure has been made in compliance with SEBI regulations, specifically under Regulation 30 of SEBI (LODR) Regulations, 2015, read with Regulation 163 of SEBI (Issue of Share Capital and Disclosure Requirement) Regulation, 2018. The company has informed both BSE Limited and The Metropolitan Stock Exchange of India Limited about this change, ensuring transparency in the preferential issue process.