Submission of Revised Audited Financial Results for the Quarter and Year ended 31.03.2026.
RESULTS
● No Immediate Change
LOW RISK
📅 Filed on BSE: 01 Jun 2026, 05:11 PM IST · BSE ID: f979d8cb-46a7-4ae3-a912-3c4bc94ee046
View Original BSE Filing (PDF)
💡
In Simple Terms
The company re-submitted its annual financial report to fix a typing mistake in the cash flow details, changing one number.
🤖 AI Summary
- Garware Synthetics Ltd submitted revised audited financial results for the year ended March 31, 2026.
- The revision corrected a typographical error in the Standalone Cash Flow Statement.
- The error was in 'Proceeds/(repayment) from non-current borrowings' under 'Cash Flow from Financing Activities (C)'.
- The value was corrected from (5.93) Lakhs to 9.51 Lakhs in the revised statement.
- All other reported figures in the Audited Standalone Financial Results for Q4 and FY26 remain unchanged.
🔢 Key Numbers — exact figures from BSE filing, not rounded
Revised Proceeds/(repayment) from non-current borrowings
9.51 Lakhs
Original Proceeds/(repayment) from non-current borrowings
(5.93) Lakhs
🏢 How This Affects the Company
The revision specifically corrected the cash flow from financing activities, impacting the 'Proceeds/(repayment) from non-current borrowings' by 15.44 Lakhs, changing it from a repayment to a proceeds.
The correction addresses an identified error, indicating active review of financial disclosures, which reduces the risk of misstatement in filed data.
👥 What This Means For Shareholders
✅
Action Required
Shareholders are not required to take any action based on this filing.
👤
Who Is Affected
Shareholders reviewing the company's FY26 financial performance are affected by the corrected details in the cash flow from financing activities, which now accurately reflects 9.51 Lakhs from non-current borrowings.
🔍
Management Signal
The management's action indicates a commitment to accurate financial reporting and transparency by correcting identified errors promptly.
For information only. Not investment advice. ForgeUp is not SEBI-registered.
👁 Watch List — track these upcoming events
Q1 FY27 results — monitor overall financial performance metrics.
Future financial filings — confirm accuracy and absence of further revisions.
Analyst calls/transcripts — assess any additional commentary on internal controls.
LOW RISK
The filing addresses a clerical error, not a fundamental change in financial performance or business operations.
💡 Investor Takeaway
Garware Synthetics Ltd submitted revised audited financial results for the year ended March 31, 2026. The revision corrected a typographical error in the standalone cash flow statement, specifically changing 'Proceeds/(repayment) from non-current borrowings' from (5.93) Lakhs to 9.51 Lakhs.
⚖️ Strengths & Concerns
✅ Positives
- Management proactively identified and corrected a typographical error in the financial statements, demonstrating internal review processes.
- The correction clarifies the company's non-current borrowing activities for FY26, showing 9.51 Lakhs in proceeds instead of (5.93) Lakhs repayment.
⚠️ Concerns
- An initial typographical error was present in the Audited Standalone Cash Flow Statement submitted to the exchange.
- No other specific financial weaknesses are identified from the correction itself, as the change is limited to one line item.
📅 Company Track Record
Garware Synthetics Ltd was incorporated on March 17, 1969. The company's business activity falls within a single primary business segment viz Nylon Bristles, Rods & Tubes. No previous filings from the context indicate specific historical financial trends or major events before this date.
Based on publicly available historical data. For context only.
❓ Frequently Asked Questions
What was the purpose of the revised financial results submitted by Garware Synthetics Ltd?
The revised financial results were submitted to correct an inadvertent typographical error in the Audited Statement of Standalone Cash Flow for the Financial Year ended March 2026.
What specific error was corrected in Garware Synthetics Ltd's revised financial results?
A clerical error in the 'Consolidated Cash Flow Statement' under 'Cash Flow from Financing Activities (C)' was corrected, specifically changing 'Proceeds/(repayment) from non-current borrowings' from (5.93) Lakhs to 9.51 Lakhs.
Did the correction affect other financial figures in Garware Synthetics Ltd's FY26 results?
No, except for the mentioned error in the Cash Flow Statement, there is no other change in the figures reported in the Audited Standalone Financial Results for the fourth quarter and financial year ended March 31, 2026.
What were Garware Synthetics Ltd's total revenue for the year ended March 31, 2026?
Garware Synthetics Ltd reported a total revenue of 1035.46 Lakhs for the year ended March 31, 2026.
What was Garware Synthetics Ltd's Profit (Loss) for the year ended March 31, 2026?
Garware Synthetics Ltd reported a Profit (Loss) of 36.22 Lakhs for the year ended March 31, 2026.
Questions based on this BSE filing only. For information purposes.