Visagar Polytex Ltd

Financial highlights

• Revenue from operations: 22.68 Lakhs for quarter ended 30/06/2026.
• QoQ revenue growth: 11.52 to 22.68 Lakhs (96%).
• YoY revenue growth: 10.85 to 22.68 Lakhs.
• Purchase of stock-in-trade: 17.85 Lakhs.
• Finance costs: 21.34 Lakhs.
• Depreciation and amortisation: 11.33 Lakhs.
• EPS (basic and diluted): -0.01.
• Face value per share: 1.06.
• Paid-up equity share capital: 2927.01 Lakhs.

Audit

• Limited Review Report: no material misstatement identified.

Dematerialisation status

• Dematerialisation requests received were confirmed (accepted/rejected) to the depositories by the Registrar and Transfer Agent.
• Securities dematerialised have been listed on the stock exchanges where the earlier issued securities are listed.
• Physical certificates for dematerialisation were mutilated and cancelled; depository name substituted as registered owner within 15 days.

Financial results

• Approved audited standalone financial results for quarter and year ended 31 March 2026.
• Auditor issued an unmodified opinion on the audited standalone results.

Financial statements

• Approved standalone balance sheet and cash flow statement for year ended 31 March 2026.
• Standalone results showed a net loss and negative equity at 31 March 2026.

Board decisions

• Re-appointed Mr. Lakhpat M. Trivedi as Internal Auditor for FY 2026-27.
• Re-appointment effective 29 May 2026.

Auditor remarks

• Statutory auditors reported no key audit matters.
• Auditor confirmed the standalone financial results present a true and fair view.

Financial Performance 📊

• Revenue from operations was Rs 0.67 lakh in Q3 FY26 and Rs 11.52 lakh in 9M FY26, up from Rs 0 in prior periods.
• Other income stood at Rs 0.49 lakh for both Q3 and 9M FY26.
• Employee benefits expense was Rs 1.61 lakh in Q3 FY26 and Rs 5.76 lakh in 9M FY26.
• Finance costs declined to Rs 6.32 lakh in Q3 FY26 from Rs 12.54 lakh in Q3 FY25; 9M finance cost was Rs 21.90 lakh.
• Depreciation expense increased to Rs 12.06 lakh in Q3 FY26 from Rs 8.52 lakh in Q3 FY25; 9M depreciation was Rs 38.58 lakh.
• Other expenses were Rs 2.43 lakh in Q3 FY26 vs Rs 9.47 lakh in Q3 FY25; 9M other expenses were Rs 48.39 lakh.
• Loss after tax was Rs 0.01 per share (basic and diluted) in Q3 and Rs 0.04 per share in 9M FY26.

Corporate Actions & Governance 📍

• Paid-up equity capital remained Rs 2,927.01 lakh with a face value of Rs 1 per share.
• Statutory auditors conducted a limited review with no material misstatement in unaudited results.
• Board approved results on February 9, 2026.