Submission of Audited Financial Results for the quarter and financial year ended March 31, 2026
RESULTS
● No Immediate Change
MEDIUM RISK
📅 Filed on BSE: 29 Apr 2026, 06:48 PM IST · BSE ID: 5b55cb65-6737-461e-bd28-aeeff8544d42
View Original BSE Filing (PDF)
💡
In Simple Terms
FGP Ltd reported full-year results showing a loss of Rs. 28.69 Crore, with strong Q4 revenue of Rs. 173.37 Crore; Board also reappointed one director and appointed another.
🤖 AI Summary
- FY26 net loss Rs. 28.69 Crore; Q4 FY26 revenue Rs. 173.37 Crore vs. Q4 FY25 Rs. 23.08 Crore
- Ms. Shweta Ratnakar Musale re-appointed Non-Executive Independent Director, second five-year term Nov 2026–Nov 2031
- Mr. Pradeep Shashikant Pathare appointed additional Non-Executive Independent Director, May 2026–May 2031
- Auditor issued unmodified opinion on financial statements; 64th AGM to be convened per regulatory directives
- Code of Fair Disclosure and insider trading policy revised and approved by Board April 29, 2026
🔢 Key Numbers — exact figures from BSE filing, not rounded
FY26 Net Loss
Rs. 28.69 Crore
Q4 FY26 Revenue from Operations
Rs. 173.37 Crore
Q4 FY25 Revenue from Operations
Rs. 23.08 Crore
FY26 Total Income
Rs. 174.67 Crore
FY26 Total Expenses
Rs. 208.09 Crore
FY26 Loss Per Share (Basic & Diluted)
Rs. 0.24
FY25 Loss Per Share (Basic & Diluted)
Rs. 0.03
🏢 How This Affects the Company
Q4 FY26 revenue jumped 7.5x to Rs. 173.37 Crore from Q4 FY25's Rs. 23.08 Crore, driven by stock trading operations. Full-year FY26 total income was Rs. 174.67 Crore versus FY25's Rs. 50.70 Crore.
FY26 net loss of Rs. 28.69 Crore reflects operational challenges despite revenue growth; loss per share was Rs. 0.24 for FY26 versus Rs. 0.03 loss per share in FY25. Total expenses Rs. 208.09 Crore against income Rs. 174.67 Crore.
Employee benefit expenses for FY26 were Rs. 33.53 Crore, indicating maintained workforce. Depreciation and other operating expenses controlled at Rs. 0.82 Crore and Rs. 53.99 Crore respectively.
Significant quarterly volatility—Q2 and Q3 FY26 showed net losses of Rs. 3.66 Crore and Rs. 15.42 Crore respectively, indicating operational instability. Stock-in-trade changes and margin compression present execution risks.
👥 What This Means For Shareholders
✅
Action Required
Shareholders must attend 64th AGM to approve re-appointment of Ms. Shweta Ratnakar Musale and appointment of Mr. Pradeep Shashikant Pathare as directors.
👤
Who Is Affected
All equity shareholders holding ordinary shares of Rs. 10 face value each; voting required on two independent director appointments at AGM.
🔍
Management Signal
Board renewal and policy revision indicate governance focus; independent director continuity and fresh appointments suggest stability in oversight amid operational challenges.
For information only. Not investment advice. ForgeUp is not SEBI-registered.
👁 Watch List — track these upcoming events
64th AGM approval outcome for director re-appointment and appointment—check regulatory announcement within 30 days
Q1 FY27 results announcement—verify whether quarterly profitability stabilizes versus Q2-Q3 FY26 losses
Insider trading policy implementation details—confirm Code of Fair Disclosure compliance filing with exchange
MEDIUM RISK
Full-year loss Rs. 28.69 Crore on total expenses Rs. 208.09 Crore versus income Rs. 174.67 Crore; quarterly volatility ranging from loss Rs. 15.42 Crore to profit Rs. 3.66 Crore indicates operational inconsistency.
💡 Investor Takeaway
FGP Ltd reported FY26 net loss Rs. 28.69 Crore despite 7.5x Q4 revenue jump to Rs. 173.37 Crore. Full-year revenue Rs. 174.67 Crore against total expenses Rs. 208.09 Crore. Director transitions approved subject to AGM. Quarterly volatility and margin pressure require tracking.
⚖️ Strengths & Concerns
✅ Positives
- Q4 FY26 revenue surge to Rs. 173.37 Crore demonstrates 7.5x growth versus comparative quarter FY25 at Rs. 23.08 Crore.
- Auditor issued unmodified audit opinion on all financial statements, confirming full compliance with accounting standards.
⚠️ Concerns
- FY26 net loss of Rs. 28.69 Crore and loss per share Rs. 0.24 indicate operational profitability challenges despite revenue growth.
- Significant quarterly volatility with Q2 loss Rs. 3.66 Crore and Q3 loss Rs. 15.42 Crore suggests inconsistent earnings generation.
📅 Company Track Record
FGP Ltd incorporated 1962; no prior public filings context available. CIN L26100MH1962PLC012406 indicates long-established entity. This is first BSE results filing reviewed in provided context.
Based on publicly available historical data. For context only.