Axita Cotton Limited Approves Financial Results and Recommends 5% Final Dividend for FY 2025-2026

Axita Cotton Limited Approves Financial Results and Recommends 5% Final Dividend for FY 2025-2026

Axita Cotton Limited Approves Financial Results and Recommends 5% Final Dividend for FY 2025-2026​

Axita Cotton Limited announced that its Board of Directors, during a meeting held on Monday, April 20, 2026, approved the company's audited standalone financial results and audit reports for the quarter and financial year ended on March 31, 2026.

The board meeting also recommended a final dividend of 5% (or Rs. 0.05/-) per equity share of Re. 1/- each for the financial year 2025-2026. This dividend is subject to the approval of the company's shareholders at the forthcoming Annual General Meeting.

The board further approved all other business items presented on the agenda.

Financial Performance Snapshot​

The company released the audited standalone financial results for the Quarter and Year ended March 31, 2026. These results provide a detailed view of the company's performance and financial position.

The annual and quarterly results reflect the following key financial data (figures in Lakhs):

Standalone Balance Sheet as at March 31, 2026

ParticularsAs of March 31, 2026As of March 31, 2025
Non Current Assets
Property, Plant & Equipment313.79357.25
Intangible Assets20.362.46
Right Of Use Assets88.81101.51
Investments1,087.00393.60
Loans349.1482.35
Other Financial Assets6.60103.55
Deferred Tax Assets (Net)13.3527.80
Current Assets
Inventories153.9196.88
Trade Receivables1,747.713,196.12
Cash & Cash Equivalents1,598.281,056.35
Investments899.36389.71
Loans661.01668.82
Other Current Assets1,545.06942.74
Total Equity and Liabilities
Equity Share Capital3,824.953,477.73
Other Equity2,666.232,806.91
Borrowings1,713.64-
Trade Payables61.32957.19
Other Current Liabilities94.0711.04

Statement of Cash Flows Summary​

The company's cash flow activities for the year ended March 31, 2026, were detailed as follows:

Cash Flow ActivityAmount (Lakhs)Amount (Lakhs)
Cash Flow from Operating Activities
Profit before Taxes283.78155.41
Adjusted Cash Flow11.28-
Cash Flow from Investing Activities
Acquisitions of P, P & E and Intangible Assets(29.11)(49.98)
Purchases of Investments(2,650.05)(1,058.90)
Investments in Fixed Deposits-(6,317.41)
Redemption of Fixed Deposits288.246,117.00
Cash Flow from Financing Activities
Current Financial Borrowing1,713.64(1,972.02)
Proceeds from issue of Loans2,275.332.18
Net Increase in Cash and Cash Equivalents541.93479.38

The board confirmed that the results for the quarter and year to date were reviewed and recommended by the Audit Committee, and the statutory auditor conducted an audit of the financial results for the period.

The company confirmed that the final dividend, if approved by the members, will be paid in due course after the Annual General Meeting.

AXITA Stock Price Movement​

Today, Axita Cotton Limited shares edged higher, settling at ₹9.06, marking a 0.66% gain in post-market trading. The stock saw robust participation today, recording a total traded volume of 362,710 shares.

Source:​

 

Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.

The information provided is for general informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any securities. Readers are advised to rely on their own assessment and judgment and consult appropriate financial advisers, if required, before taking any investment-related decisions.

Any views, opinions, or statements expressed, where applicable, are those of the respective analysts or experts and do not reflect the views of this website. The website has no association with such viewpoints and does not assume any responsibility for them.

Back
Top