Quality Foils (India) Announces Financial Results for Fiscal Year Ended March 31, 2026
Quality Foils (India) Limited, a manufacturer of Cold Rolled Stainless Steel Strips/coils and Stainless Steel Flexible Hose Pipes, announced its financial results and operational updates for the financial year ended March 31, 2026. The Company’s Board of Directors held a meeting on May 27, 2026, where the annual financial results, statutory auditors' reports, and key operational decisions were considered and approved.Board Approvals and Appointments
During the board meeting on May 27, 2026, Quality Foils (India) Limited approved several key corporate actions. These approvals included:- Adopting the audited financial results for the financial year ended March 31, 2026, along with the unmodified statutory Auditors' Report and a declaration of unmodified opinion on the financial results.
- Approving the appointment of a Cost Auditor for the Financial Year 2026-27.
- Approving the appointment of an Internal Auditor for the Financial Year 2026-27.
Financial Highlights (Rs. in Lakhs)
The Company's consolidated financials show material changes compared to the previous year. The Balance Sheet for the year ended March 31, 2026, shows a significant increase in Total Equity and Liabilities to 10,587.61, up from 9,822.39 in the previous year.Balance Sheet Comparison
| Particulars | As at 31st March, 2026 | As at 31st March, 2025 |
|---|---|---|
| Total Shareholders' Funds | 3.162.13 | 3.015.06 |
| Long Term Borrowings | 2,317.11 | 2,122.06 |
| Short term Borrowings | 4.249.82 | 3,751.92 |
| Total Current Liabilities | 4.641.41 | 4,232.58 |
| TOTAL EQUITY AND LIABILITIES | 10,587.61 | 9,822.39 |
| Property Plant and Equipment | 4,923.92 | 4,671.43 |
| Inventories | 2,431.22 | 2,088.28 |
| Cash and cash equivalents | 139.72 | 127.59 |
| TOTAL ASSETS | 10,587.61 | 9,822.39 |
The Company’s Profit and Loss Statement for the year ended March 31, 2026, showed Total Revenue from Operations of 18,400.97, up from 15,084.74 in the prior year.
Profit and Loss Statement (For the Year Ended 31st March)
| Particulars | For the Year Ended 31st March, 2026 | For the Year Ended 31st March, 2025 |
|---|---|---|
| Revenue from Operations | 18,400.97 | 15,084.74 |
| Cost of Material Consumed | 16,043.48 | 12,949.74 |
| Total Expenses | 18,271.84 | 15,036.81 |
| Profit Before Tax | 205.33 | 243.38 |
| Current Tax | 34.27 | 29.75 |
| PROFIT FOR THE PERIOD/YEAR | (N/A) | (N/A) |
The Cash Flow Statement highlights the source of the Company’s liquidity. Cash Inflow from Operating Activities stood at 179.93 for the year ended March 31, 2026, compared to a net outflow of (192.89) in the previous year. Cash and cash equivalents closed at 139.72, an increase from 127.59.
Audit Findings and Internal Controls
The Company released the Independent Auditor’s Report, which stated the following key findings for the period:- Financial Statement Opinion: The auditors provided an opinion that the financial statements give a true and fair view in conformity with the Accounting Principles generally accepted in India for the year ended March 31, 2026.
- Internal Controls: The report affirmed that the Company possesses an adequate Internal Audit System commensurate with its size and nature of business. Furthermore, the auditors expressed an unmodified opinion on the adequacy and operating effectiveness of the Company's internal financial controls over financial reporting as of March 31, 2026.
- Compliance: The Company reported that it has not defaulted in repayment of any loan or other borrowings, and there are no outstanding statutory dues for a period exceeding six months.
Key Financial Data Overview
The following table summarizes the financial activities and status of the Company across various components:| Financial Area | Status as of March 31, 2026 | Status as of March 31, 2025 |
|---|---|---|
| Total Assets | 10,587.61 Lakhs | 9,822.39 Lakhs |
| Total Current Assets | 5,569.37 Lakhs | 4,968.04 Lakhs |
| Inventory Value | 2,431.22 Lakhs | 2,088.28 Lakhs |
| Total Long Term Borrowings | 2,317.11 Lakhs | 2,122.06 Lakhs |
| Total Short Term Borrowings | 4,249.82 Lakhs | 3,751.92 Lakhs |
| Share Capital (Paid Up) | 285.40 Lakhs | 285.40 Lakhs |
QFIL Stock Price Movement
Shares of Quality Foils (India) Limited are edging higher to ₹41.85 as of 3:13 PM today, rallying 4.89% on strong live market momentum. The stock is currently trading on 1000 shares, reflecting significant buying interest that pushes the share price far above its previous close of ₹39.90.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.
Last edited by a moderator: