Neelam Linens and Garments Approves FY26 Results and Appoints New Company Secretary
Neelam Linens and Garments (India) Limited announced that its Board of Directors, during a meeting held on May 30, 2026, reviewed and approved the audited financial results for both the full financial year and the half-year ended March 31, 2026.The company also finalized the appointment of Mr. Siddharth Sanghavi as its Company Secretary and Compliance Officer.
The Board meeting approved the audited financial results, which were issued by the statutory auditors, M/s PDMS & Co. LLP. The auditors provided an opinion stating that the financial statement gives a true and fair view of the company’s net profit and other financial information for the half year ended March 31, 2026, and for the year ended March 31, 2026.
Financial Performance and Earnings
The financial statements detail the company’s operations for the period ended March 31, 2026.Key financial highlights of the reported period include:
| Particulars | 31-Mar-26 Audited | 31-Mar-25 Audited |
|---|---|---|
| Share Capital (Rs. In Lakhs) | 2,021.80 | 2,021.80 |
| Reserves & Surplus (Rs. In Lakhs) | 2,048.80 | 1,894.04 |
| Total Equity & Liabilities (Rs. In Lakhs) | 11,818.76 | 13,685.83 |
| Total Assets (Rs. In Lakhs) | 11,818.76 | 13,685.83 |
For the full year ended March 31, 2026, the company recorded a Total Income of 12,127.71 Lakhs, up from 11,164.36 Lakhs in the previous year. Total expenses for the period stood at 11,913.30 Lakhs. The profit before tax was 214.41 Lakhs, resulting in a profit for the period of 154.76 Lakhs. Earnings per basic equity share for the year were 0.92, and for the previous year, they were 1.59.
Detailed Financial Statements
The following tables present the audited Balance Sheet, Statement of Financial Results, and Cash Flow Statements for comparative analysis.Audited Statement of Assets & Liabilities (as of March 31)
| Particulars | 31-Mar-26 Audited (Rs. In Lakhs) | 31-Mar-25 Audited (Rs. In Lakhs) |
|---|---|---|
| Share Capital | 2,021.80 | 2,021.80 |
| Reserves & Surplus | 2,048.80 | 1,894.04 |
| Long Term Borrowings | 4,473.23 | 4,566.61 |
| Short-term Borrowings | 2,380.66 | 2,143.63 |
| Total outstanding dues of micro enterprises and small enterprises | 78.65 | 119.13 |
| Total outstanding dues of creditors other than micro enterprises and small enterprises | 646.78 | 2,778.67 |
| Other Current Liabilities | 107.26 | 79.87 |
| Short-term Provisions | 61.58 | 82.08 |
| TOTAL EQUITY & LIABILITIES | 11,818.76 | 13,685.83 |
| Property, Plant and Equipment | 652.51 | 425.81 |
| Deferred Tax Asset | 40.60 | 42.99 |
| Other Non Current Asset | 1,577.65 | 1,990.85 |
| Inventories | 3,779.39 | 5,003.02 |
| Trade Receivable | 5,043.80 | 4,657.04 |
| Cash & Cash Equivalents | 331.22 | 593.57 |
| Short-term loans and advances | 280.36 | 893.95 |
| Other Current Assets | 113.23 | 78.60 |
| TOTAL ASSETS | 11,818.76 | 13,685.83 |
Segment Reporting Analysis
The company operates across two business segments: Manufacturing of Bedsheets and Shirts, and Trading of Licences. The total Segment Revenue was 11,829.14 Lakhs for the year ended March 31, 2026, compared to 11,042.73 Lakhs in the previous year.| Segment | 31-Mar-26 Revenue (Lakhs) | 31-Mar-25 Revenue (Lakhs) |
|---|---|---|
| Manufacturing business | 10,369.3 | 8,831.14 |
| Trading of licence | 1,459.85 | 2,211.59 |
| Total Segment Revenue | 11,829.14 | 11,042.73 |
| Segment Profit Before Tax (Lakhs) | 214.41 | 372.72 |
| Total Segment Asset (Rs. In Lakhs) | 11,818.8 | 13,685.8 |
Cash Flow Dynamics
Analysis of the cash movements shows significant activity across operations, investing, and financing.| Cash Flow Category | Year Ended 31-Mar-26 (Rs. In Lakhs) | Year Ended 31-Mar-25 (Rs. In Lakhs) |
|---|---|---|
| Net Cash Flow from Operating Activities | (197.61) | 463.44 |
| Net Cash Flow from Investing Activities | 48.39 | (847.55) |
| Net Cash Flow from Financing Activities | (113.12) | 592.66 |
| Net Increase / (Decrease) in Cash & Cash Equivalents | (262.34) | 208.54 |
Corporate Governance Update
The Board of Directors approved the appointment of Mr. Siddharth Sanghavi as the Company Secretary and Compliance Officer of Neelam Linens and Garments (India) Limited, effective May 30, 2026. Mr. Sanghavi is an Associate Member of The Institute of Company Secretaries of India.The audited financial results, including the Annual Financial Statement and the Cash Flow Statement, are available for review by investors.
NEELAM Stock Price Movement
On Friday, Neelam Linens and Garments (India) Limited shares edged higher, closing at ₹12.3, which represented a notable 4.24% gain for the equity. The stock settled on robust buying interest, recording a total traded volume of 18,000 shares for the day.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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