Prabha Energy Limited Announces Audited Financial Results for FY 2025-26
Prabha Energy Limited announced the approval of its audited standalone and consolidated financial results for the quarter and financial year ended March 31, 2026. The Board of Directors approved the results during a meeting held on Friday, May 22, 2026.In related corporate governance updates, the company also confirmed the re-appointment of M/s. Manubhai & Shah LLP as its Internal Auditor for the financial year 2026-27.
Financial Results Summary (March 31, 2026)
The audited financial results for the standalone and consolidated entities are available for the quarter and year ended March 31, 2026.The profit and loss statements show the following performance figures (Rs. in lakhs):
Standalone Financial Results
| Particulars | Quarter Ended 31-03-2026 | Year Ended 31-03-26 |
|---|---|---|
| Total Income | 144.38 | 447.12 |
| Total Expenses | 155.25 | 606.94 |
| Profit / (Loss) before tax | 8.60 | 30.19 |
| Net Profit / (Loss) for the year | 9.55 | 47.32 |
| Total Comprehensive Income / (expenses) | 9.62 | 48.26 |
Consolidated Financial Results
| Particulars | Quarter Ended 31-03-2026 | Year Ended 31-03-26 |
|---|---|---|
| Total Income | 163.85 | 770.92 |
| Total Expenses | 155.25 | 722.21 |
| Profit / (Loss) before tax | 8.60 | 48.71 |
| Net Profit / (Loss) for the year | 9.55 | 61.04 |
| Total Comprehensive Income / (expenses) | 9.62 | 61.98 |
Note: Revenue from operations for the standalone entity was 144.38 lakhs for the quarter ended March 31, 2026, and 157.75 lakhs for the year ended March 31, 2025.
Financial Position and Cash Flow Highlights
The audited statements of assets and liabilities and cash flows for the year ended March 31, 2026, are also available.The total assets as at March 31, 2026, stand at 68,909.15 lakhs for the consolidated entity. This figure compares to 63,632.60 lakhs as at March 31, 2025.
The audited standalone statement of assets and liabilities for the company shows the following total assets:
| Description | As at 31-03-2026 | As at 31-03-2025 |
|---|---|---|
| TOTAL ASSETS | 63,116.70 | 68,921.56 |
For the cash flow from operating activities, the consolidated results show the company generated (or used) cash in operations of (Rs.) 265.77 lakhs for the year ended March 31, 2026, compared to (Rs.) 609.39 lakhs for the same period in 2025.
Internal Auditor Reappointment
The Board of Directors also confirmed the re-appointment of M/s. Manubhai & Shah LLP as the Internal Auditor of the Company.Details of the re-appointment are as follows:
| Disclosure Requirement | Details |
|---|---|
| Reason for Re-appointment | Re-Appointment |
| Date of Appointment | May 22, 2026 |
| Term of Appointment | M/s. Manubhai & Shah LLP has been appointed as Internal Auditor for the financial year 2026-27. |
| Brief Profile | M/s. Manubhai & Shah LLP was established by Manubhai Patel (Founder) in Ahmedabad in 1945. |
Key Audit Observations
The Independent Auditor's Reports on both the Standalone and Consolidated Financial Results provided an unmodified opinion on the results for the quarter and year ended March 31, 2026.The reports highlighted specific accounting treatments and transactions:
1. Asset Write-Down: During the year ended March 31, 2026, the company sold its investment of 3,50,000 equity shares in M/s Deep Natural Resources Limited, representing 70% of the equity share capital. The shares were sold at a premium of 31.25 per share. This transaction caused the company to cease having control over Deep Natural Resources Limited, and the impact was recognized in the standalone financial results.
2. Consolidation Impact: The consolidated financial results for the year ended March 31, 2026, are not comparable with previous periods because the Holding Company disposed of its investment in M/s Deep Natural Resources Limited, which consequently stood deconsolidated from the consolidated financial statements from the date of disposal.
3. Accounting Policy: In line with Ind AS 106, expenditure incurred on wells in the NK block currently under the initial production phase has been capitalized. Depletion will commence once the reserves are established and approved as proved and developed. Sales generated during this phase have been recognized as revenue.
PRABHA Stock Price Movement
Shares of Prabha Energy Limited are edging higher to ₹175.25 as of 2:34 PM today, rallying by 3.69%. The stock is seeing robust interest, trading today on a volume of 164,700 shares.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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