Vaswani Industries Limited Approves FY Results and Plans Rs 9.87 Crore Preferential Fund Raise
Vaswani Industries Limited (VIL) announced that its Board of Directors held a meeting on May 30, 2026, approving its audited standalone financial results for the quarter and the full financial year ending March 31, 2026. Furthermore, the board greenlit a significant capital infusion through a preferential allotment of equity shares.The company confirmed that its statutory auditors, M/s Amitabh Agrawal & Co., issued an unmodified opinion on the standalone and consolidated financial results for the fiscal year ending March 31, 2026.
Approval of Financial Results
The board meeting approved the standalone financial results and statements for the year ending March 31, 2026. Based on the audited data, the company reported the following key figures:| Metric | Quarter Ended 31-Mar-26 (Audited) | Year Ended 31-Mar-26 (Audited) |
|---|---|---|
| Total Income from Operations | 14,408.01 Lakh | 46,819.90 Lakh |
| Total Expenses | 13,417.71 Lakh | 39,730.97 Lakh |
| Profit/Loss Before Tax | 990.29 Lakh | 1,401.25 Lakh |
| Total Profit After Tax | 539.35 Lakh | 424.33 Lakh |
| Total Comprehensive Income | 599.41 Lakh | 461.54 Lakh |
Segment Revenue Performance
The company’s segment-wise revenue and performance for the financial year 2026 were noted as follows:| Segment | Year Ended 31-Mar-26 (Audited) | Year Ended 31-Mar-25 (Audited) |
|---|---|---|
| Iron & Steel (Including Other Income) | 42,788.25 Lakh | 39,240.73 Lakh |
| Power (Including Other Income) | 4,031.64 Lakh | 2,160.03 Lakh |
| Net Sales (Operations) | 42,861.59 Lakh | 39,270.40 Lakh |
| Total Profit After Tax | 1,401.23 Lakh | 1,316.85 Lakh |
Preferential Allotment for Capital Raising
In addition to approving the annual results, the board also approved a proposal to raise capital by issuing equity shares on a preferential basis. The proposed fundraising target is up to Rs. 9,87,00,000.The details of the planned issue are as follows:
| Detail | Value |
|---|---|
| Type of Securities | Equity Shares |
| Total Shares Proposed | 16,45,000 equity shares |
| Face Value | Rs. 10 per share |
| Issue Price | Rs. 60 per share (Rs. 10 face value + Rs. 50 premium) |
| Aggregate Funds Raised | Rs. 9,87,00,000 |
The issuance of shares is subject to the approval of shareholders and other requisite authorities.
The proposed allottees for the preferential issue are:
- Mr. Ravi Vaswani
- Mr. Yashwant Vaswani
- Mr. Kushal Vaswani
- Smt. Manisha Vaswani
- Smt. Sudha Vaswani
- Smt. Tanya Vaswani
- Smt. Jyotsna Vaswani
Financial Statements Overview
The company’s audited standalone financial statements for the period ended March 31, 2026, show an increase in total assets and liabilities compared to the previous year.Balance Sheet Summary (Rs in Lakhs)
| Particulars | As at 31.03.2026 (Audited) | As at 31.03.2025 (Audited) |
|---|---|---|
| Total Assets | 50,831.49 | 36,190.29 |
| Total Equity & Liabilities | 50,831.49 | 36,190.29 |
| Share Capital | 3,294.62 | 3,134.62 |
| Total Borrowings (Non-Current) | 21,851.15 | 10,928.04 |
| Total Borrowings (Current) | 5,847.68 | 4,697.29 |
| Total Outstanding Dues (M&S Enterprises) | 31.47 | 39.57 |
Cash Flow Summary
The consolidated cash flow statement revealed a net decrease in cash and cash equivalents of Rs. 2,882.07 Lakh in the year ended March 31, 2026, compared to an increase of Rs. 2,244.15 Lakh in the previous year.| Activity | Year Ended 31-Mar-26 | Year Ended 31-Mar-25 |
|---|---|---|
| Net Cash from Operating Activity | 1,833.48 Lakh | 3,436.11 Lakh |
| Net Cash from Investing Activity | (15,831.88) Lakh | (13,430.33) Lakh |
| Net Cash from Financing Activity | 11,116.33 Lakh | 12,238.37 Lakh |
| Net Change in Cash & Cash Equivalents | (2,882.07) Lakh | 2,244.15 Lakh |
VASWANI Stock Price Movement
On Friday, Vaswani Industries Limited shares rallied, gaining 9.26% to close at ₹56.63. The stock saw significant activity, executing a total volume of 54,005 shares during the session.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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