
Texmo Pipes and Products Limited Announces Q4 and FY 2026 Results, Appoints New Auditors
Texmo Pipes and Products Limited held its Board of Directors meeting on May 28, 2026, and approved the Audited Financial Results (Standalone and Consolidated) for the Fourth Quarter and Financial Year ended March 31, 2026. During the meeting, the Board also appointed new professional auditors for the upcoming fiscal year.The Board of Directors took record and approved two key appointments for the Financial Year 2026-27:
- Cost Auditor: M/s Saurabh Parikh & Associates, Cost Accountants, Indore, was appointed as the Cost Auditor.
- Internal Auditor: Mrs. Neha Shroff was appointed as the Internal Auditor.
Financial Results for FY 2026
The company released comprehensive audited financial data, including Standalone and Consolidated Statements of Profit & Loss, Assets and Liabilities, and Cash Flows.Standalone Financial Highlights
For the year ended March 31, 2026, the Standalone Statement of Audited Financial Results showed significant year-over-year performance compared to the previous year.
| Metric | Year ended March 31, 2026 (Audited) | Year ended March 31, 2025 (Audited) |
|---|---|---|
| Total Income | 35,728.17 | 36,911.12 |
| Total Expenses | 34,092.37 | 35,241.66 |
| Net Profit/(Loss) for the period | 509.84 | (76.95) |
The Standalone Statement of Assets and Liabilities reported total assets of 33,617.42 Lakhs as of March 31, 2026, compared to 33,057.38 Lakhs in the previous year.
Consolidated Financial Highlights
The consolidated statements reflect the Group's overall financial position. For the year ended March 31, 2026, the total income was 43,365.75 Lakhs, while total expenses were 39,318.28 Lakhs. The Group recorded a net profit/(loss) for the period of 1,390.20 Lakhs.
The Consolidated Statement of Assets and Liabilities reported total assets of 37,360.05 Lakhs as at March 31, 2026, compared to 36,097.29 Lakhs in the previous year.
Cash Flow Analysis
The Standalone Statement of Cash Flows for the year ended March 31, 2026, indicated the following net cash generated:
| Activity | Year ended March 31, 2026 | Year ended March 31, 2025 |
|---|---|---|
| Net Cash generated from Operating Activities | (1,289.40) | 3,000.32 |
| Net Cash generated from Investing Activities | 436.69 | 250.65 |
| Net Cash generated from Financing Activities | (1,199.09) | (571.44) |
| Net Change in Cash and Cash Equivalents | (1,780.70) | 2,268.52 |
Auditor's Opinion
M/s Anil Kamal Garg & Company, Chartered Accountants, issued an Audit Report providing an unmodified opinion on the Audited Financial Results of the Company (Standalone and Consolidated) for the quarter and financial year ended March 31, 2026.
The independent auditors reported that the Standalone Financial Results and the Consolidated Financial Results provide a true and fair view in conformity with applicable Indian Accounting Standards (Ind AS).
Operational and Corporate Changes
The company also provided brief profiles for the newly appointed auditors.- Cost Auditor: Mr. Saurabh Parikh, a Commerce and Law Graduate, has 29 years of experience in Costing, Cost Audit, and Company Law.
- Internal Auditor: Mrs. Neha Shroff holds qualifications including M.Com and MBA (Finance and International Business), bringing over 17 years of experience in accounts, finance, and internal audit.
The Company confirmed that the financial results were prepared in accordance with Indian Accounting Standards (Ind AS).
TEXMOPIPES Stock Price Movement
On Wednesday, Texmo Pipes and Products Limited shares gained momentum, closing at ₹46.03 after edging higher by 3.17%. The stock traded within a range of ₹45.1 to ₹46.69, finishing the session on a volume of 30,926 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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