FINANCIAL RESULTS FOR THE F.Y. 2025-26
RESULTS
▼ Concern Flagged
HIGH RISK
📅 Filed on BSE: 23 Jun 2026, 02:30 PM IST · BSE ID: ae337f1a-7739-4909-85d3-fba8ed24060c
View Original BSE Filing (PDF)
💡
In Simple Terms
The company reported a financial loss for the year and decided against paying dividends, alongside management changes.
🤖 AI Summary
- Organic Coatings Ltd reported an audited Net Loss of (325.88) Lakhs for the fiscal year ended March 31, 2026.
- Revenue from Operations for FY26 was 2,809.33 Lakhs, compared to 2,895.79 Lakhs in FY25.
- The Board of Directors did not recommend any dividend for FY26 due to the company's loss.
- Appointments of two Independent Directors, Mr. Ramanathan Ganesh and Mr. Subhash Ambubhai Patel, were deferred.
- Mrs. Nivedita Kulknarni resigned as Company Secretary and Compliance Officer effective May 29, 2026.
🔢 Key Numbers — exact figures from BSE filing, not rounded
Revenue From Operations (FY26)
2,809.33 Lakhs
-3.00%
Revenue From Operations (FY25)
2,895.79 Lakhs
Net Profit/(loss) For the Period (FY26)
(325.88) Lakhs
55.01%
Net Profit/(loss) For the Period (FY25)
(210.23) Lakhs
Basic EPS (FY26)
(3.27) Rs.
54.98%
Basic EPS (FY25)
(2.11) Rs.
Total Equity (As at 31.03.2026)
2.27 Lakhs
-99.31%
Total Equity (As at 31.03.2025)
329.21 Lakhs
Cash and Cash Equivalents (As at 31.03.2026)
97.30 Lakhs
1554.76%
Cash and Cash Equivalents (As at 31.03.2025)
5.88 Lakhs
🏢 How This Affects the Company
Revenue from Operations decreased to 2,809.33 Lakhs in FY26 from 2,895.79 Lakhs in FY25, indicating a contraction in sales.
The company incurred a Net Loss of (325.88) Lakhs in FY26, deepening from a (210.23) Lakhs loss in FY25, impacting retained earnings and equity. Total Equity decreased from 329.21 Lakhs in FY25 to 2.27 Lakhs in FY26.
The decision to keep Books of Account at a new location in Vadodara, Gujarat, could involve administrative adjustments. Resignation of Company Secretary requires a replacement process.
Continued net losses and declining equity raise concerns about financial stability. The deferral of Independent Director appointments could impact governance oversight.
👥 What This Means For Shareholders
✅
Action Required
No immediate action is required by shareholders based on this financial results filing.
👤
Who Is Affected
All shareholders are affected by the reported net loss of (325.88) Lakhs and the Board's decision not to recommend a dividend due to this loss.
🔍
Management Signal
The decision not to recommend a dividend signals management's priority on conserving cash due to the company's financial performance.
For information only. Not investment advice. ForgeUp is not SEBI-registered.
👁 Watch List — track these upcoming events
Q1 FY27 results — monitor for signs of revenue stabilization or growth.
Announcement of new Company Secretary — observe timelines for compliance officer appointment.
Board meeting updates — check for deferred Independent Director appointments.
HIGH RISK
Sustained net losses and significant decline in total equity indicate elevated financial risk for the company.
💡 Investor Takeaway
Organic Coatings Ltd reported a Net Loss of (325.88) Lakhs for FY26, deepening from (210.23) Lakhs in FY25. Revenue from Operations decreased to 2,809.33 Lakhs in FY26 from 2,895.79 Lakhs in FY25. No dividend was recommended due to the loss.
⚖️ Strengths & Concerns
✅ Positives
- Cash and Cash Equivalents significantly increased to 97.30 Lakhs as of March 31, 2026, from 5.88 Lakhs as of March 31, 2025.
- Operating cash flow remained positive at 44.21 Lakhs for FY26, indicating cash generation from core operations.
⚠️ Concerns
- Net Loss for the period deepened to (325.88) Lakhs in FY26 from (210.23) Lakhs in FY25.
- Total Equity reduced from 329.21 Lakhs on March 31, 2025, to 2.27 Lakhs on March 31, 2026, indicating erosion of shareholder capital.
❓ Frequently Asked Questions
What was Organic Coatings Ltd's net profit for the fiscal year ended March 31, 2026?
Organic Coatings Ltd reported a Net Loss of (325.88) Lakhs for the fiscal year ended March 31, 2026, compared to a Net Loss of (210.23) Lakhs in FY25.
What was Organic Coatings Ltd's revenue from operations for FY26?
Revenue from Operations for Organic Coatings Ltd was 2,809.33 Lakhs for the year ended March 31, 2026, a decrease from 2,895.79 Lakhs in FY25.
Did Organic Coatings Ltd declare any dividend for FY26?
No, the Board of Directors of Organic Coatings Ltd did not recommend any dividend for the year ended March 31, 2026, due to the reported loss.
What changes occurred in Organic Coatings Ltd's Board of Directors?
The appointments of Mr. Ramanathan Ganesh and Mr. Subhash Ambubhai Patel as Independent Directors were deferred, and Mrs. Nivedita Kulknarni resigned as Company Secretary and Compliance Officer effective May 29, 2026.
Questions based on this BSE filing only. For information purposes.