Cryogenic OGS FY26 Results: PAT Rs. 1,018.27 Lakhs, up 67% YoY
RESULTS
▲ Positive Development
MEDIUM RISK
📅 Filed on BSE: 30 Apr 2026, 01:14 PM IST · BSE ID: db13c67a-4135-4950-803b-e5f35168fceb
View Original BSE Filing (PDF)
💡
In Simple Terms
Oil and gas equipment maker Cryogenic OGS reported full-year profits up 67% to Rs. 1,018.27 Lakhs with revenue growth and stronger cash reserves.
🤖 AI Summary
- Cryogenic OGS FY26 PAT: Rs. 1,018.27 Lakhs, up 67% from Rs. 608.98 Lakhs in FY25
- Revenue from operations: Rs. 4,082.24 Lakhs in FY26 vs Rs. 3,290.46 Lakhs in FY25
- Cash position surged to Rs. 3,278.24 Lakhs from Rs. 1,106.67 Lakhs in FY25
- Fixed assets expanded 136% YoY to Rs. 1,562.07 Lakhs; new long-term borrowings Rs. 824.61 Lakhs
- Board approved results 30 April 2026; audited by M/s Maloo Bhatt & Co.
🔢 Key Numbers — exact figures from BSE filing, not rounded
Profit After Tax (FY26)
Rs. 1,018.27 Lakhs
67%
Revenue from Operations (FY26)
Rs. 4,082.24 Lakhs
24%
Cash and Cash Equivalents
Rs. 3,278.24 Lakhs
196%
Property, Plant and Equipment
Rs. 1,562.07 Lakhs
136%
Long-Term Borrowings
Rs. 824.61 Lakhs
Share Capital
Rs. 1,428.00 Lakhs
36%
Earnings Per Share (FY26)
Rs. 7.69
33%
Trade Receivables
Rs. 179.52 Lakhs
-73%
🏢 How This Affects the Company
Revenue from operations grew 24% to Rs. 4,082.24 Lakhs in FY26. Single-segment oil and gas equipment business shows steady demand. Company is manufacturing-focused with no client concentration disclosure.
PAT jumped 67% to Rs. 1,018.27 Lakhs. Cash increased 196% to Rs. 3,278.24 Lakhs. Balance sheet strengthened with share capital raised to Rs. 1,428.00 Lakhs and new long-term borrowings of Rs. 824.61 Lakhs deployed into fixed asset expansion.
Fixed assets grew 136% to Rs. 1,562.07 Lakhs with Rs. 158.29 Lakhs in capital work in progress. Employee benefit expense increased 31% to Rs. 262.73 Lakhs, signaling headcount or compensation increases. Labour code restructuring assessed during FY26.
Long-term borrowings of Rs. 824.61 Lakhs introduce debt servicing obligations. Trade receivables fell 73% to Rs. 179.52 Lakhs—improved cash collection. Inventory build of Rs. 798.19 Lakhs suggests inventory risk.
👥 What This Means For Shareholders
✅
Action Required
No immediate action required. Dividend declaration will come via separate announcement if approved by Board.
👤
Who Is Affected
Shareholders holding equity face dilution from share capital increase to Rs. 1,428.00 Lakhs (up from Rs. 1,050.00 Lakhs). EPS on audited basis: Rs. 7.69 in FY26 vs Rs. 5.80 in FY25.
🔍
Management Signal
Aggressive capex and debt deployment reveal management conviction in sustained demand for oil and gas equipment. Share capital hike suggests growth financing strategy.
For information only. Not investment advice. ForgeUp is not SEBI-registered.
👁 Watch List — track these upcoming events
Q1 FY27 results (Oct 2026): confirm if 24% revenue growth trajectory continues post-capex.
Capital work in progress completion status: Rs. 158.29 Lakhs CWIP must translate to revenue by Q2-Q3 FY27.
Dividend announcement: watch for Board communication on payout from Rs. 1,018.27 Lakhs FY26 PAT.
MEDIUM RISK
New Rs. 824.61 Lakhs debt requires sustained revenue growth. Trade receivables collapse needs clarification. Labour code cost impact still being evaluated.
💡 Investor Takeaway
FY26 PAT surged 67% to Rs. 1,018.27 Lakhs with revenue up 24% to Rs. 4,082.24 Lakhs. Cash jumped 196% to Rs. 3,278.24 Lakhs. Management deployed Rs. 824.61 Lakhs in new debt for capex expansion, signaling confidence. Profitability confirms operational efficiency gain.
⚖️ Strengths & Concerns
✅ Positives
- PAT growth of 67% YoY to Rs. 1,018.24 Lakhs demonstrates strong profit expansion despite input cost inflation.
- Cash position surged 196% to Rs. 3,278.24 Lakhs, providing liquidity for capex and reducing financial stress.
⚠️ Concerns
- Trade receivables collapsed 73% to Rs. 179.52 Lakhs—may indicate weakened credit sales or aggressive collection, raising demand concern.
- New long-term debt of Rs. 824.61 Lakhs increases leverage; debt service obligation of Rs. 11.20 Lakhs already reflected in finance costs.
📅 Company Track Record
Company incorporated 1997 as Cryogenic Liquide Pvt. Ltd., recently renamed Cryogenic OGS Limited. Filed first BSE results on 30 April 2026. No comparative financial history available in public domain prior to this disclosure.
Based on publicly available historical data. For context only.