Organic Coatings Ltd Announces Financial Results for FY2026; Operating Loss Reported
Organic Coatings Limited, manufacturers of printing inks and allied products, has released its audited financial results for the year ended March 31, 2026. The company reported a net loss for the fiscal year. The board meeting results also included updates on key personnel appointments and organizational changes.Financial Performance Highlights (Rs in Lakhs)
The Statement of Audited Financial Results shows the performance across various periods, including the quarterly figures for the financial year ended March 31, 2026.| Particulars | Quarter 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) |
|---|---|---|---|---|---|
| Revenue From Operations | 962.10 | 586.66 | 635.00 | 2,809.33 | 2,895.79 |
| Total Income | 964.82 | 589.59 | 635.17 | 2,819.88 | 2,900.45 |
| Total Expenses | 1,049.81 | 685.38 | 712.75 | 3,145.76 | 3,110.68 |
| Profit/Loss) before Exceptional item and tax | (84.99) | (95.79) | (77.58) | (325.88) | (210.23) |
| Net Profit/(loss) For the Period | (84.99) | (95.79) | (77.58) | (325.88) | (210.23) |
The company's total comprehensive income for the period amounted to (86.05) lakhs in the most recent audited quarter, compared to (326.94) lakhs for the full year ended March 31, 2026. Earnings Per Share (Basic and Diluted) stood at (0.85) for the reported quarter.
Balance Sheet Status as of March 31, 2026
The company’s financial position saw a significant increase in total assets compared to the prior fiscal year. Total Assets for the year ended March 31, 2026, stood at 2,427.99 lakhs, up from 1,776.82 lakhs in 2025.| Particulars | As At 31.03, 2026 (Audited) | As At 31.03, 2025 (Audited) |
|---|---|---|
| Total Assets | 2,427.99 | 1,776.82 |
| Non Current Assets (Total) | 954.02 | 915.03 |
| Total Current Assets | 1,473.97 | 861.79 |
| Equity and Liabilities | ||
| Equity Share Capital | 997.46 | 997.46 |
| Other Equity | (995.19) | (668.25) |
| Total Equity | 2.27 | 329.21 |
| Total Liabilities | 1,428.72 | 968.22 |
Cash Flow Summary
The audited cash flow statement indicates the company's movement in cash across operating, investing, and financing activities for the year ended March 31, 2026. Net cash flow from operating activities was reported as 44.21 lakhs, compared to 89.11 lakhs in the previous fiscal year.| Particulars | 31.03.2026 (Audited) | 31.03.2025 (Audited) |
|---|---|---|
| Net cash flow from operating activities | 44.21 | 89.11 |
| Net cash flow from investing activities | (124.86) | (8142) |
| Net cash flow from financing activities | 172.08 | (2.58) |
| Net increase/decrease in Cash and cash equivalents | 91.42 | 5.88 |
Board Meeting Outcomes and Management Updates
The outcome of the Board meeting, held on May 30, 2026, provided several updates regarding the company's structure and leadership:- Directors: The appointment of Mr. Ramanathan Ganesh and Mr. Subhash Ambubhai Patel as Independent Directors was deferred.
- Personnel Change: Mrs. Nivedita Kulkarni resigned from her role as Company Secretary and Compliance Officer, effective May 29, 2026, citing personal reasons.
- Financial Advice: The board confirmed that no dividend was recommended due to the company's loss status.
- Office Location: The Board decided to establish the Books of Account at Block No. 395,437,450 Umraya in Vadodara, Gujarat.
The company also maintained a state of non-reclassification for its financial segments, as it operates without differing business segments.
Stock Price Movement
As of 14:29, Organic Coatings Ltd is ticking up by 4.75%, with the shares currently trading at ₹20.95. The stock has moved within a tight intraday range, registering a low of ₹19.01 and reaching an intraday high of ₹21.00.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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