Bhagawati Oxygen Ltd

Financial Highlights

• Revenue from operations: Rs 13.20 lakh; Other income: Rs 7.66 lakh; Total income: Rs 20.86 lakh.
• Net loss for the quarter: Rs 32.94 lakh; basic/diluted EPS: Rs -1.42.
• Gases segment revenue Rs 7.66 lakh; Power Rs 13.20 lakh; total Rs 20.86 lakh.
• Segment PBT: Gases Rs -48.69 lakh; Power Rs 12.72 lakh; total Rs -35.97 lakh; interest Rs 1.57 lakh.
• Deferred tax: Rs -4.60 lakh.

Notes & Risks

• Gas contract with Hindustan Copper Ltd expired 31-10-2021; gas plant closed; arbitration ongoing.
• High Court appointed sole arbitrator to adjudicate disputes March 2020 to October 2021.

Balance Sheet Snapshot

• Equity share capital Rs 231.30 lakh.
• Segment assets Rs 1,005.50 lakh; segment liabilities Rs 343.21 lakh.

Meeting Details

• Board meeting on 14 Aug 2026 at 3:30 PM, 67 Park Street, Kolkata, to consider unaudited quarterly results.

Key Agenda Items

• Unaudited financial results for the quarter ended June 30, 2026 to be considered.

Other Notes

Dematerialisation processing and listing status

• Dematerialisation requests have been processed; certificates mutilated and cancelled; depository name substituted as registered owner within 15 days.
• The dematerialised securities have been listed on the stock exchange where the existing securities are listed.

Audit opinion

• 📍 The auditor issued an unmodified opinion on the FY26 financial results.
• 📍 The report states the results give a true and fair view under applicable Indian accounting standards.

Business model

• 🏭 Bhagawati Oxygen operates gases and power segments.
• 🏭 The gases business is the main revenue driver.
• 🏭 The power segment contributed smaller revenue and profit in FY26.

Board approval

• Board approved audited financial results for quarter and year ended 31 March 2026.
• Meeting held on 29 May 2026; results were approved and audited by statutory auditors.

Financial results

• Standalone audited net profit was Rs 326.81 lakh for FY2025-26.
• Quarter ended 31 March 2026 standalone net profit was Rs 326.45 lakh.
• Total income for FY2025-26 was Rs 516.95 lakh, versus Rs 167.64 lakh last year.

Cash flow and balance sheet

• Cash and cash equivalents increased to Rs 2.22 lakh at 31 March 2026.
• Total assets were Rs 1,039.16 lakh and total equity was Rs 725.22 lakh.

Auditor remarks

• Auditor issued an unmodified opinion on the audited financial results.
• Declaration confirmed no modified opinion in the audit report.

Regulatory and legal matters

• Company disclosed ongoing arbitration and settlement matters with Hindustan Copper Limited.
• High Court appointed a sole arbitrator for further disputes from March 2020 to October 2021.