Gratex Industries Reports Q3FY26 Financial Results with Revenue of ₹98.61 Lacs
Gratex Industries Limited reported Q3FY26 results with revenue of ₹98.61 lacs and net profit of ₹2.64 lacs, showing declines from the previous year's corresponding quarter. However, nine-month performance showed improvement with net profit rising to ₹7.51 lacs from ₹6.44 lacs in the previous year. The company operates primarily in wallpaper and furnishing products, maintaining stable capital structure and regulatory compliance.
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Gratex Industries Limited has announced its unaudited standalone financial results for the quarter and nine months ended December 31, 2025. The Board of Directors approved these results during their meeting held on February 11, 2026, in compliance with Regulations 30 and 33 of the SEBI Listing Obligations and Disclosure Requirements Regulations, 2015.
Financial Performance Overview
The company's financial performance for the third quarter of FY26 showed mixed results compared to the previous year. Revenue from operations declined marginally while profitability was impacted by various operational factors.
| Metric | Q3FY26 | Q3FY25 | Change |
|---|---|---|---|
| Revenue from Operations | ₹98.61 lacs | ₹100.93 lacs | -2.30% |
| Total Income | ₹98.61 lacs | ₹100.95 lacs | -2.32% |
| Net Profit | ₹2.64 lacs | ₹4.93 lacs | -46.45% |
| Basic EPS | ₹0.09 | ₹0.16 | -43.75% |
Nine-Month Performance Analysis
For the nine-month period ended December 31, 2025, Gratex Industries demonstrated resilience with improved profitability despite a slight decline in revenue. The company maintained steady operations across its core business segments.
| Parameter | 9M FY26 | 9M FY25 | Variance |
|---|---|---|---|
| Total Revenue | ₹300.03 lacs | ₹305.07 lacs | -1.65% |
| Total Income | ₹300.26 lacs | ₹305.29 lacs | -1.65% |
| Net Profit | ₹7.51 lacs | ₹6.44 lacs | +16.61% |
| Basic EPS | ₹0.25 | ₹0.21 | +19.05% |
Expense Structure and Cost Management
The company's expense management showed notable variations across different categories during Q3FY26. Cost of materials consumed decreased to ₹30.56 lacs from ₹31.63 lacs in the corresponding previous quarter. Employee benefit expenses also declined to ₹22.15 lacs compared to ₹23.85 lacs in Q3FY25.
Key Expense Categories (Q3FY26):
- Cost of materials consumed: ₹30.56 lacs
- Employee benefit expenses: ₹22.15 lacs
- Other expenses: ₹26.30 lacs
- Depreciation and amortization: ₹3.28 lacs
- Finance costs: ₹0.15 lacs
Business Operations and Segment Focus
Gratex Industries operates primarily in the wallpaper and furnishing products business. According to the company's disclosure, there are no separate reportable segments as per Accounting Standard 108 dealing with Segment Reporting, indicating a focused business approach.
Capital Structure and Shareholder Information
The company maintained a stable capital structure during the reporting period. The paid-up equity share capital remained constant at ₹303.48 lacs with a face value of ₹10.00 per share. Reserves excluding revaluation reserve stood at ₹60.91 lacs as of December 31, 2025.
Regulatory Compliance and Audit Status
The unaudited financial results have been reviewed by the Audit Committee and subjected to limited review by the statutory auditors, Harshal Doshi & Associates, Chartered Accountants. The results comply with Indian Accounting Standards (Ind AS) prescribed under Section 133 of the Companies Act, 2013. The company has also implemented trading window restrictions for designated persons until February 13, 2026, in accordance with insider trading regulations.
Historical Stock Returns for Gratex Industries
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -100.00% | -100.00% | -100.00% | -100.00% | -100.00% | -100.00% |
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