Dollex Agrotech Approves Financial Results, Appoints New Director, and Reappoints Auditors
Dollex Agrotech Limited announced key governance and financial updates following its Board of Directors meeting held on May 30, 2026. The Board approved the audited financial results for the quarter and the year ended March 31, 2026.Statutory Auditor S.N. Gadiya & Co. issued an audit report with an unmodified opinion on the company's standalone financial results for the financial year ended March 31, 2026.
Key Corporate Governance Decisions
During the meeting, the Board took several steps related to governance and internal controls:1. Additional Director Appointment
Based on the recommendation of the Nomination and Remuneration Committee, the Board approved the appointment of Mr. Narendra Gupta as an Additional Director (Non-Executive Independent Director), effective May 30, 2026, subject to shareholder approval. Mr. Gupta, aged 41, is a Post Graduate in Commerce from Devi Ahilya Vishwavidyalaya (DAVV), Indore, Madhya Pradesh (2009). He possesses experience in finance, legal, secretarial compliances, internal audits, management consulting, and financial planning.
2. Appointment of Auditors
The Board also confirmed appointments for the fiscal year 2026-27:
- Cost Auditor: M/s. M P Turakhia & Associates, Cost Accountants, were re-appointed as the Cost Auditor of the Company.
- Internal Auditor: M/s. G Rawat & Associates, Chartered Accountants, were appointed as the Internal Auditor for the Financial Year 2026-2027.
Financial Performance Highlights
The audited financial results for the quarter and year ended March 31, 2026, showed significant operational figures. The Company's total income for the year ended March 31, 2026, stood at 22,515.77 lakhs, compared to 23,743.05 lakhs in the previous year.The following tables detail the key financial metrics reported by the Company:
Standalone Audited Financial Results (in Rs. lacs)
| Particulars | Quarter Ended 31.03.2026 Audited™ | Year Ended 31.03.2026 Audited | Year Ended 31.03.2025 Audited |
|---|---|---|---|
| Net Sales/Income from operations | 10,859.04 | 22,515.77 | 23,743.05 |
| Net Income | 305 | 27.03 | 2,65 |
| Total Income | 10,862.09 | 22,542.80 | 23,745.69 |
| Total Expenses | 10,236.00 | 21,480.23 | 22,696.16 |
| Profit/(Loss) from operations before tax | 626.08 | 1,062.56 | 1,049.53 |
| Net profit (Loss) for the Period | 463.81 | 84161 | 828.11 |
Balance Sheet Summary (as of March 31, 2026)
| Head | Amount (in Lakhs) |
|---|---|
| Shareholder's Funds | |
| Share Capital | 3,994.88 |
| Reserve and Surplus | 4,115.35 |
| Total Shareholders fund | 8,402.54 |
| Non-Current Liabilities | |
| Long term Borrowing | 13,763.93 |
| Deferred tax liabilities (Net) | 175.03 |
| Other long term Liabilities | - |
| Long term provisions Total | 984 |
| Current Liabilities (Total) | 15,097.61 |
| TOTAL EQUITY AND LIABILITIES | 41,4383 |
| TOTAL ASSETS | 41,443.83 |
Cash Flow Statement Highlights (Rs. in Lakhs)
| Activity | For the Year ended 31st March, 2026 | For the Year ended 31st March, 2025 |
|---|---|---|
| Cash flow from Operating Activities (Net) | (674.96) | (2,508.78) |
| Cash flow from Investing activities (Net) | (3,099.27) | (4,722.02) |
| Cash flow from financing activities (Net) | 3,883.04 | 6,315.86 |
| Net increase/(decrease) in cash and cash equivalents | 108.81 | (914.94) |
| Cash and cash Equivalents at the closing of the period | 81.42 | 150.23 |
***
Disclaimer: All figures presented are sourced directly from the company's financial filings.
DOLLEX Stock Price Movement
On Friday, Dollex Agrotech Limited shares settled at ₹31.45, posting negligible movement for the session. The stock closed exactly at its previous day's level, suggesting steady consolidation among investors.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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