Essen Speciality Films Ltd. Approves Financial Results and Re-appoints Cost and Internal Auditors
Essen Speciality Films Limited announced the outcome of its Board of Directors meeting held on April 25, 2026. During the meeting, the company considered and approved its audited standalone financial results for the quarter, half year, and year ended March 31, 2026, along with the audit report from its Statutory Auditors.The Board also approved the re-appointment of M/s. Sagar M. Kapadiya & Co., Cost Accountants, as the Cost Auditors for the financial year ending March 31, 2027, and re-appointed M/s. Savjani & Associates, Chartered Accountants, as the Internal Auditors for the same period.
Financial Performance Highlights
The audited standalone financial results for the quarter, half year, and year ended March 31, 2026, present the company's operational and financial performance.The Statement of Audited Standalone Financial Results details the following figures (in Rs. in Lakhs except EPS):
| Particular: | Quarter Ended 31-03-2026 | Quarter Ended 31-12-2025 | Quarter Ended 31-03-2025 | Half year Ended 30-09-2025 | Year Ended 31-03-2026 | Year Ended 31-03-2025 |
|---|---|---|---|---|---|---|
| Total Income (I) | 52.78 | 32.03 | 71.74 | 84.81 | 16,305.16 | 17,300.37 |
| Total Expenses (II) | 858.22 | 4,482.43 | 953.74 | 5,100.14 | 3,325.32 | 2,424.90 |
| Profit/(loss) before exceptional items and tax (I-II) | (1,103.84) | (308.54) | ($57.79) | (1,412.38) | 16,880.07 | 15,993.39 |
| Profit/(loss) after tax for the period (V-VI) | (156.61) | (155.33) | (104.09) | (311,911) | (23.09) | 431.43 |
| Total Comprehensive Income for the period (VII-VIII) | (885.53) | (220.43) | (462.42) | (1,105.96) | (409.28) | 1,146.45 |
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Key Auditing and Appointment Decisions
The Statutory Auditors of the company issued an audit report confirming that the Standalone Financial Results for the year ended March 31, 2026, give a true and fair view in conformity with the recognition and measurement principles laid down in the Indian Accounting Standards. The report also confirmed the Standalone Financial Results for the quarter ended March 31, 2026.The audit report includes a section on the re-appointment of auditors:
- Cost Auditors: M/s. Sagar M. Kapadiya & Co., Cost Accountants (FRN: 103615) have been re-appointed as the Cost Auditors for the financial year ending March 31, 2027. The firm has experience in Cost & Management Accountancy and has served as a Cost Auditor in various industrial and manufacturing sectors for more than 9 years.
- Internal Auditors: M/s. Savjani & Associates, Chartered Accountants (FRN: 133389W), were re-appointed as the Internal Auditors for the financial year ending March 31, 2027. The firm has rich experience in Income Tax matters, GST matters, Project finance, and Audit & Assurance Functions, exceeding 13 years.
Balance Sheet Snapshot
The audited standalone statement of assets and liabilities for the year ended March 31, 2026, showed the following totals:| Metric | 31-03-2026 (Rs. in Lakhs) | 31-03-2025 (Rs. in Lakhs) |
|---|---|---|
| Total Assets | 20,709.02 | 19,197.93 |
| Total Equity | 14,656.26 | 15,313.93 |
| Total Liabilities | 5,052.76 | 3,884.00 |
The company reported Total Current Assets of 12,470.92 in 2026, compared to 14,323.21 in 2025. Total Current Liabilities stood at 4,038.85 in 2026, compared to 3,753.91 in 2025.
ESFL Stock Price Movement
On Friday, Essen Speciality Films Limited shares edged higher, closing at ₹137.45 after gaining 1.76%. The stock traded on a volume of 2,880 shares during the session.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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