Vibhor Steel Tubes Ltd Announces Audited Financial Results for the Year Ended March 31, 2026
Vibhor Steel Tubes Limited, a manufacturer specializing in ERW Pipes, GI Pipes, Crash Barriers, Transmission Line Towers, and Octagonal Poles, announced the approval of its audited financial results for the quarter and the full year ended March 31, 2026. The Board of Directors reviewed the results, which reflected key operational transactions and significant financial figures.The company's statutory auditors, M/s Ashok Kumar Goyal & Co., issued an unmodified audit report on the financial results for both the quarter and the year ended March 31, 2026.
Operational and Exceptional Items
During the financial year, the company recorded an Exceptional Item of 132.00 Lacs. This amount represents the write-off of a capital advance totaling 132,00,000/- previously paid to Punjab National Bank, Sambalpur Branch, Odisha. This write-off occurred because the advance was deemed no longer recoverable or adjustable in the ordinary course of business, following the consideration of its nature and significance.Standalone Financial Performance Snapshot
The company's performance metrics for the year ended March 31, 2026, demonstrate changes across key operational and financial segments compared to the previous fiscal year.The Standalone Statement of Profit and Loss provides a detailed comparison of the revenue and profitability figures:
| Particulars | For the quarter ended March 31, 2026 (Audited) | For the year ended March 31, 2026 (Audited) | For the year ended March 31, 2025 (Audited) |
|---|---|---|---|
| Revenue from Operations (Net) | 33,512.93 Lacs | 114,935.10 Lacs | 99,637.92 Lacs |
| Total revenue (1+11) | 33,509.10 Lacs | 115,226.09 Lacs | 99,826.22 Lacs |
| Cost of Raw material consumed | 28,158.58 Lacs | 101,500.68 Lacs | 85,610.48 Lacs |
| Total Expenses | 32,961.48 Lacs | 113,855.81 Lacs | 98,139.85 Lacs |
| Profit for the year | 547.63 Lacs | 879.34 Lacs | 1,177.04 Lacs |
| Total Comprehensive Income | 266.83 Lacs | 887.86 Lacs | 1,175.88 Lacs |
The Standalone Balance Sheet highlights changes in the company's asset and liability structure between March 31, 2025, and March 31, 2026:
| Particulars | As at March 31, 2026 (Audited) | As at March 31, 2025 (Audited) |
|---|---|---|
| TOTAL ASSETS | 23,568.33 Lacs | 32,379.14 Lacs |
| Capital work-in-progress | 16,104.06 Lacs | 6,668.70 Lacs |
| Total Non-Current Assets | 511.08 Lacs | 899.67 Lacs |
| Cash and cash equivalents | 5,531.40 Lacs | 7,186.53 Lacs |
| Total Current Assets | 2,395.52 Lacs | 2,649.06 Lacs |
| TOTAL EQUITY AND LIABILITIES | 43,905.74 Lacs | 47,335.27 Lacs |
| Total Equity | 19,700.09 Lacs | 18,812.22 Lacs |
| Total Non-Current Liabilities | 163.66 Lacs | 134.84 Lacs |
| Total Current Liabilities | 18,791.13 Lacs | 23,654.37 Lacs |
The Statement of Cash Flows detailed the operational and financing activities. Net cash from operating activities stood at 6,127.72 Lacs for the year ended March 31, 2026, compared to 3,592.24 Lacs in the previous year.
Net cash from financing activities for the year reached 588.77 Lacs, down from 1,646.53 Lacs reported for the year ending March 31, 2025.
VSTL Stock Price Movement
Shares of Vibhor Steel Tubes Limited today slipped by 0.12% to settle at ₹119.87. The stock was traded on a volume of 17,255 shares, finishing the session near its low of ₹118.1.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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