Munish Forge Limited Approves FY 2026 Financial Results and Key Auditor Appointments
Munish Forge Limited held its Board Meeting on May 29, 2026. During the meeting, the Board reviewed and approved the audited financial results for the half year and the full financial year ended March 31, 2026. The Board also sanctioned appointments for various professional auditors for the current financial year.Financial Performance Review
The Board considered and approved the audited Standalone and Consolidated Financial results, along with the Auditors' Report, for the half year and financial year ended March 31, 2026.The reported total income from operations for the half year ended March 31, 2026, stood at 10070.92 (Lakhs). For the full financial year ended March 31, 2026, the total income from operations was 18378.01 (Lakhs).
Financial results comparison for the periods are detailed below:
| Particulars | Half Year Ended 31-Mar-26 (Audited) | Half Year Ended 30-Sep-25 (Un-audited) | Half Year Ended 31-Mar-25 (Audited) | Year Ended 31-Mar-26 (Audited) | Year Ended 31-Mar-25 (Audited) |
|---|---|---|---|---|---|
| Total income from operations | 10070.92 | 8307.09 | 9275.59 | 18378.01 | 17905.26 |
| Total expenses | 9604.29 | 7484.70 | 8194.09 | 17088.99 | 15952.76 |
| Profit / (Loss) before exceptional items and Tax | 466.63 | 822.39 | 1081.51 | 1289.02 | 1952.50 |
| Total Comprehensive Income/Loss | 373.90 | 807.15 | 813.05 | 1181.05 | 1450.96 |
| Basic/Diluted EPS (Rs.) | 1.95 | 3.94 | 4.48 | 5.65 | 8.15 |
Auditor Appointments Approved
The Board of Directors approved several professional appointments for the company:- Secretarial Auditor: M/s. P.S. Bathla & Associates was approved as the Secretarial Auditor for a period of five consecutive years, commencing from FY 2026-27 till FY 2030-31, subject to shareholder approval at the Annual General Meeting.
- Internal Auditor: Mr. Sunil Kumar was approved as the Internal Auditor for the financial year 2026-27.
- Cost Auditor: M/s. S. K. Verma & Associates, Cost Accountants, was approved as the Cost Auditor for the financial year 2026-27.
Financial Position Highlights
Balance Sheet Snapshot (Rs. in Lakhs)
The company’s financial health was reviewed by comparing balances at the end of the financial year.| Particulars | As at 31-Mar-26 (Audited) | As at 31-Mar-25 (Audited) |
|---|---|---|
| TOTAL ASSETS | 20999.17 | 16153.80 |
| Total non-current assets | 6268.87 | 5428.03 |
| Total current assets | 14730.30 | 10725.77 |
| TOTAL EQUITY AND LIABILITIES | 20999.17 | 16153.80 |
| Total Equity | 12670.63 | 6734.56 |
| Total non-current liabilities | 578.01 | 1340.46 |
| Total current liabilities | 7750.53 | 8078.78 |
Cash Flow from Operating Activities
The company's cash flow was also presented for review, showing the movement in cash generated from core operations.| Period | Net cash flow from operating Activities | Cash Generated from Operations |
|---|---|---|
| 31-Mar-26 | (3,019.41) | (3,357.62) |
| 31-Mar-25 | 984.11 | 931.11 |
MUNISH Stock Price Movement
Munish Forge Limited shares today slipped by 2.57%, closing at ₹68.25, shedding ₹1.80 from previous levels. The stock saw 1,200 shares transact during the session, contributing to the intra-day movement.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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