Bonlon Industries Announces Audited Financial Results, Completes Subsidiary Disinvestment
Bonlon Industries Limited announced the approval of its financial results and reported the disinvestment of a wholly owned subsidiary during a Board Meeting held on May 30, 2026. The Company also received an unmodified audit opinion on its standalone and consolidated financial statements.The Board of Directors of Bonlon Industries Limited approved the Audited Standalone and Consolidated Financial Statements for the financial year ended March 31, 2026, along with the associated Auditors' Report. Furthermore, the Board approved the Audited Standalone and Consolidated Financial Results for the quarter and financial year ended March 31, 2026.
M/s Gaur & Associates, Chartered Accountants, the Company's Statutory Auditors, issued the Audit Report on the Standalone and Consolidated Audited Financial Results for the quarter and financial year ended March 31, 2026, with an unmodified opinion.
Corporate Changes and Appointments
During the meeting, the Board approved the disinvestment of the entire shareholding of M/s SHV Industries Private Limited, a wholly owned subsidiary of the Company. Consequently, M/s SHV Industries Private Limited will cease to be a subsidiary of the Company effective May 30, 2026.On other corporate governance matters, the Board of Directors also approved the Annual Secretarial Compliance Report for the financial year ended March 31, 2026. Additionally, the Board recommended and approved the re-appointment of:
- M/s Shyam Goel & Associates, Chartered Accountants (Firm Registration No. 011046N) as Internal Auditors for the Financial Year 2026-27.
- M/s Goyal, Goyal & Associates, Cost Accountants (Firm Registration No. 000100) as Cost Auditors for the Financial Year 2026-27.
Financial Performance Overview
The Company submitted details indicating that it does not fall under the Large Corporate (LC) category. Key long-term borrowing details reported for the financial year are as follows:| Parameter | Amount (Rs. in Crore) |
|---|---|
| Outstanding long-term Borrowings at start of Financial year | 3.52 |
| Outstanding long-term Borrowings at end of Financial year | 12.a3 |
| Incremental Borrowing done during the year (qualified borrowing) | 11.d |
| Borrowings by way of issuance of debt securities during the year | Nil |
Audited Financial Highlights (As of March 31, 2026)
The audited financial results for the year ended March 31, 2026, were reported across standalone and consolidated statements.Standalone Audited Balance Sheet Summary (In Lakhs)
| Assets | As at 31st Mar 2026 | As at 31st Mar 2025 |
|---|---|---|
| Total non-current assets | 3,869.57 | 2,537.73 |
| Total current assets | 10,810.88 | 10,300.95 |
| Total assets | 14,680.45 | 12,838.69 |
| Total equity and liabilities | 14,680.45 | 12,838.58 |
Consolidated Audited Balance Sheet Summary (In Lakhs)
| Assets | As at 31st Mar 2026 | As at 31st Mar 2025 |
|---|---|---|
| Total non-current assets | 5,550.58 | 2,527.79 |
| Total current assets | 10,822.92 | 10,311.33 |
| Total assets | 15,383.60 | 12,839.12 |
| Total equity and liabilities | 16,383.50 | 12,839.12 |
Consolidated Cash Flow Statement Summary (In Lakhs)
| Flow Item | Year ended March 2026 | Year ended March 2025 |
|---|---|---|
| Net cash generated by operating activities | (285.62) | 3,557.70 |
| Net cash used in investing activities | (1,326.10) | 1,940.52 |
| Net cash used in financing activities | 277.63 | (148.75) |
| Net increase/(decrease) in cash and cash equivalents | (1,431.00) | 1,466.54 |
| Cash and cash equivalents at the end | 62.75 | 1,488.29 |
***
Note: All financial figures are presented exactly as provided in the source material.
BONLON Stock Price Movement
On Friday, Bonlon Industries Limited shares slipped by 4.99% to close at ₹46.27. The stock saw 15,655 shares traded, suggesting cautious investor sentiment heading into the weekend.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.
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