Parin Enterprises Unveils Audited Financial Results for Half Year and Year Ended March 31, 2026

Parin Enterprises Unveils Audited Financial Results for Half Year and Year Ended March 31, 2026

Parin Enterprises Unveils Audited Financial Results for Half Year and Year Ended March 31, 2026​

Parin Enterprises Limited, formerly Parin Furniture Limited, has released its audited financial results and comprehensive financial statements for the half year and the full year ended March 31, 2026. The company’s Board of Directors approved these results at a meeting held on April 13, 2026.

The audited financial results were reviewed by statutory auditors, M/s. K P Bhansali & Co., who issued an unmodified opinion on the Standalone and Consolidated Financial Results.

Consolidated Financial Performance​

The company’s consolidated financial results reflect robust activity across its segments. For the year ended March 31, 2026, Parin Enterprises recorded total revenue from operations of 24,765.71 Lacs.

The consolidated results are presented below for comparison:

Particulars31.03.2026 (Audited)30.09.2025 (Unaudited)31.03.2025 (Audited)
Total Income from Operations (net)13,980.30 Lacs10,893.58 Lacs13,066.07 Lacs
Total Expenses13,365.27 Lacs10,454.28 Lacs12,221.81 Lacs
Net Profit / (Loss) for the period431.18 Lacs301.32 Lacs579.43 Lacs
Net Profit / (Loss) for the Period379.64 Lacs249.51 Lacs518.78 Lacs
Earnings Per Share (Basic)3.412.244.67

Financial Position and Cash Flow Summary​

The company's Statement of Assets and Liabilities shows a consolidated total of Equity and Liabilities at 19,454.29 Lacs as of March 31, 2026, compared to 18,737.9 Lacs on the same date in the previous year.

Consolidated assets stood at 19,454.29 Lacs at the end of the financial year.

In terms of liquidity, the consolidated cash and cash equivalents increased to 196.78 Lacs by March 31, 2026, compared to 875.79 Lacs in the prior year.

Particulars31.03.202631.03.2025
Total Equity and Liabilities19,454.29 Lacs18,737.9 Lacs
Total Assets19,454.29 Lacs18,737.9 Lacs
Profit Before Tax1,018.33 Lacs903.01 Lacs
Net Cash Flow from Operating Activity255.77 Lacs(1,252.02) Lacs

Segment Revenue and Operations​

Parin Enterprises has diversified its business into three primary reportable segments, as detailed in the financial reports:

Segment31.03.2026 (Total Revenue)31.03.2026 (Profit Before Tax)
Segment 1 (Manufacturing of Furniture)5,922.30 Lacs706.34 Lacs
Segment 2 (Trading of FMCG Products)1,584.54 Lacs158.09 Lacs
Segment 3 (Automobiles Dealership)17,057.60 Lacs158.09 Lacs
Total24,564.44 Lacs864.43 Lacs

Corporate Financing Activities​

During the period, the company also utilized financing activities, including a preferential issue. Parin Enterprises Limited issued 92,587 unlisted, fully paid, cumulative, non-participating 0.01% Compulsorily Convertible Preference Shares (CCPS) of face value of Rs. 10 each at a premium of Rs. 530/- for cash, aggregating to Rs. 4,99,96,980/-. The utilization of these funds was certified by the statutory auditor.

The cash flow statement indicates that Net Cash Flow from Financing Activities for the year ended March 31, 2026, was (580.88) Lacs, largely influenced by changes in long-term borrowings and finance costs.

PARIN Stock Price Movement​

Parin Enterprises Limited shares on Monday slipped by 0.16% to settle at ₹633, shedding ₹1.00 from the previous day’s close. The stock saw a trading volume of 3,500 shares during the session.

Source:​

 

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.

The information provided is for general informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any securities. Readers are advised to rely on their own assessment and judgment and consult appropriate financial advisers, if required, before taking any investment-related decisions.

Any views, opinions, or statements expressed, where applicable, are those of the respective analysts or experts and do not reflect the views of this website. The website has no association with such viewpoints and does not assume any responsibility for them.

Back
Top