Fractal Industries Limited Reports Strong H1 FY26 Performance, Approves Subsidiary Formation
Fractal Industries Limited announced robust financial results for H1 FY26 with significant growth in revenue and profitability, alongside strategic corporate governance initiatives including subsidiary formation for CSR activities and appointment of specialized auditors to strengthen compliance framework.

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Fractal Industries Limited has announced strong financial performance for the half year ended September 30, 2025, alongside key corporate governance appointments and subsidiary formation plans. The Mumbai-based garment manufacturing and supply chain services company reported these developments following its board meeting held on March 10, 2026, which commenced at 3:00 PM and concluded at 4:15 PM.
Financial Performance Highlights
The company delivered robust financial results for the half year ended September 30, 2025, with the board approving audited financial results under Regulation 33 of SEBI LODR Regulations. Key performance metrics demonstrate significant growth across major financial indicators.
| Financial Metric: | H1 FY26 (Sep 30, 2025) | H1 FY25 (Sep 30, 2024) | Growth (%) |
|---|---|---|---|
| Revenue from Operations: | ₹4,722.18 lakhs | ₹4,076.14 lakhs | +15.85% |
| Total Income: | ₹4,725.85 lakhs | ₹4,080.21 lakhs | +15.82% |
| Net Profit: | ₹687.35 lakhs | ₹336.16 lakhs | +104.45% |
| Basic EPS: | ₹12.32 | ₹67.24 | - |
| Basic EPS (After Bonus): | ₹12.32 | ₹6.03 | +104.31% |
The company's profit before tax increased to ₹829.73 lakhs compared to ₹404.81 lakhs in the corresponding period last year. Total expenses were managed at ₹3,896.13 lakhs, with cost of materials consumed being the largest component at ₹2,387.38 lakhs.
Subsidiary Formation for CSR Activities
The board approved the incorporation of Bishwanath Kashinath Foundation as a wholly owned subsidiary dedicated to Corporate Social Responsibility activities. The foundation will focus on charitable purposes without profit motive and requires Ministry of Corporate Affairs approval for incorporation.
| Parameter: | Details |
|---|---|
| Subsidiary Name: | Bishwanath Kashinath Foundation |
| Authorized Capital: | ₹1,00,000 (10,000 shares of ₹10 each) |
| Ownership: | 100% wholly owned subsidiary |
| Primary Objective: | CSR and charitable activities |
| Expected Timeline: | 30 days for incorporation |
| Consideration: | Cash consideration via share subscription |
The foundation's main objectives include promoting education, healthcare, environmental protection, social welfare, skill development, rural development, and community development activities. It will also focus on eradicating hunger and poverty, promoting preventive healthcare, ensuring environmental sustainability, and supporting disaster relief efforts.
Auditor Appointments
The company strengthened its governance framework by appointing new auditors for the financial year 2025-26, as approved during the board meeting.
Secretarial Auditor: M/s Parth Nair and Associates, Company Secretaries, based in Ahmedabad, has been appointed as the Secretarial Auditor. The firm is a legal consultancy firm registered with the Institute of Company Secretaries of India, specializing in corporate laws, securities laws, legal due diligence, legal drafting, and intellectual property laws. The firm is located at 201, Giriraj Complex, Opp. Bank of Baroda, Nr. Sardar Patel Statue Circle, Naranpura, Ahmedabad- 380013, Gujarat.
Internal Auditor: M/s N S Rathi & Associates, Chartered Accountants, Mumbai, has been appointed as Internal Auditor. The peer-reviewed firm is dedicated to delivering high-quality financial audit and regulatory solutions, with core expertise spanning comprehensive audits including tax, statutory, internal, bank branch and stock audits, along with strategic advisory and RERA compliance support. The firm is located at Office No 502, Runwal R Square, Besides Runwal Anthurium, LBS Marg, Mulund West, Mumbai 400080.
Balance Sheet Strength
As of September 30, 2025, the company maintained a strong balance sheet with total assets of ₹6,203.78 lakhs compared to ₹5,141.37 lakhs as of March 31, 2025. Share capital increased significantly to ₹558.03 lakhs from ₹50.00 lakhs, reflecting the impact of the company's IPO completed in February 2025.
| Balance Sheet Item: | Sep 30, 2025 | Mar 31, 2025 |
|---|---|---|
| Total Assets: | ₹6,203.78 lakhs | ₹5,141.37 lakhs |
| Share Capital: | ₹558.03 lakhs | ₹50.00 lakhs |
| Reserves & Surplus: | ₹1,812.12 lakhs | ₹1,521.16 lakhs |
| Inventories: | ₹3,192.27 lakhs | ₹2,623.91 lakhs |
The company operates in garment design, sourcing, manufacturing, and provides end-to-end warehousing and supply chain services to e-commerce platforms. The board meeting outcome was communicated to BSE Limited under Scrip ID 544707, with Managing Director Pankaj Bishwanath Agrawal (DIN: 02709947) signing the official communication.

































