Ganesh Benzoplast Approves FY26 Financial Results, Appoints Statutory Auditors, and Initiates Singapore Subsidiary Plan

Ganesh Benzoplast Approves FY26 Financial Results, Appoints Statutory Auditors, and Initiates Singapore Subsidiary Plan

Ganesh Benzoplast Approves FY26 Financial Results, Appoints Statutory Auditors, and Initiates Singapore Subsidiary Plan​

Ganesh Benzoplast Limited held a Board of Directors meeting on May 27, 2026, during which the company reviewed and approved its financial results for the quarter and financial year ended March 31, 2026. During the meeting, the Board addressed the company's governance requirements, including the appointment of specialized auditors, and signaled plans for international expansion.

The company announced the approval of the standalone and consolidated audited financial results for the quarter and financial year ended March 31, 2026. The report confirmed that the Statutory Auditors issued an unmodified opinion regarding the Standalone and Consolidated Audited Financial Results for the year ended March 31, 2026.

Governance and Audit Appointments​

The Board also confirmed key appointments to strengthen internal governance.

M/s. S.K Agarwal & Associates, Cost Accountants (Firm Registration No. 100322), were appointed as the Cost Auditors of the Company.

Additionally, M/s. V I( Baheti & Co., Chartered Accountants (Firm Registration No. 11+437\XD) were appointed as the Internal Auditors of the Company for the financial year 2026-27.

Expansion into Singapore​

In a strategic move to pursue future opportunities, the company initiated the process to form a foreign Wholly owned subsidiary company in Singapore. This subsidiary aims to promote the business development of the parent company and better serve existing and potential customers in the region.

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Financial Performance Overview​

The company released comprehensive financial results, detailing performance through both consolidated and standalone statements.

Consolidated Segment Revenue and Assets (Rs. in Million)

ParticularsQ ended 31.03.2026 (Audited)Q ended 31.12.2025 (Unaudited)Q ended 31.03.2025 (Audited)Year ended 31.03.2026 (Audited)Year ended 31.03.2025 (Audited)
Total Segment Revenue1,114.651,053.30999.344,114.193,743.11
Total Profit before tax187.34221.84(161.46)980.15519.22
Total Segment Assets8,523.18,087.727,235.07,183.27,235.0

Financial Statements Summary (Rs. in Million)

ParticularsQuarter ended 31.03.2026 (Audited)Quarter ended 31.12.2025 (Unaudited)Quarter ended 31.03.2025 (Audited)Year ended 31.03.2026 (Audited)Year ended 31.03.2025 (Audited)
Total Income (1+2)1,164.051,130.491,049.864,368.573,920.04
Total Expenses976.71908.65764.013,476.142,953.51
Net Profit/Loss after tax152.94161.53(131.92)733.36380.86

Cash Flow Highlights​

The cash flow analysis provided detailed operational metrics for the year ended March 31, 2026, compared to the previous year.

ParticularsYear ended March 31, 2026 (Rs. in Million)Year ended March 31, 2025 (Rs. in Million)
Net Profit before tax980.15519.22
Operating profit before working capital changes1,304.76764.31
Cash Generated from Operations419.702.94
Net Cash from operating activities792.84596.22
Net Cash used in Investing Activities(785.69)(648.23)
Net Cash flow from financing Activities(115.65)(8.76)
Cash and Cash Equivalents at the end of the year80.9390.03

GANESHBE Stock Price Movement​

Ganesh Benzoplast Limited shares slipped today, settling at ₹98.70 after shedding 0.09% on the index. The stock traded on a total volume of 276,196 shares during the session.
 

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Editorial Note

This news article was written and created by Karthik, and published on IST.
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