Acrow India Ltd (513149)

Acrow India has issued its 66th Annual Report for FY25-26, highlighting an ordinary net profit of Rs 43.05 lakh (EPS of Rs 6.73) compared to a loss of Rs 88.08 lakh in FY25. A key special resolution seeks shareholder approval under Section 180(1)(a) to develop, construct, or sell Plot No. J-3/1 at MIDC, Chikalthana, Chhatrapati Sambhajinagar. The annual report also notes significant related-party exposure, with an outstanding balance of Rs 1,997.99 lakh from Brindavan Cotton Mills Pvt Ltd as of March 31, 2026.

• Special resolution proposed to monetize, develop, or sell industrial plot No. J-3/1 at MIDC Chikalthana.
• FY26 standalone net profit stood at Rs 43.05 lakh compared to a net loss of Rs 88.08 lakh in FY25.
• Basic and diluted EPS for FY26 reported at Rs 6.73 per share against negative Rs 13.76 in FY25 on 6.4 lakh shares.
• Outstanding balance from related party Brindavan Cotton Mills Pvt Ltd stood at Rs 1,997.99 lakh as of March 31, 2026.

Acrow India reported zero operational revenue for the quarter ended June 30, 2026, consistent with the prior year's corresponding quarter (Q1 FY26: ₹0.00). The company recorded total income of ₹49.20 lakh entirely from other income, up from ₹37.85 lakh in Q1 FY26. Total expenses stood at ₹17.52 lakh, resulting in a net profit of ₹17.65 lakh compared to ₹8.79 lakh in Q1 FY26 and a net loss of ₹2.26 lakh in Q4 FY26. The company remains completely debt-free.

• Revenue from operations was ₹0.00 as no trading or manufacturing operations were conducted during the quarter.
• Total other income stood at ₹49.20 lakh compared to ₹37.85 lakh in Q1 FY26.
• Net profit after tax stood at ₹17.65 lakh, translating to basic and diluted EPS of ₹2.76 per share.
• Total expenses stood at ₹17.52 lakh, including employee benefit costs of ₹6.60 lakh and depreciation of ₹5.86 lakh.
• Total indebtedness remains at ₹0.00 as disclosed in the financial statement attachments.

Acrow India reported Q1 (ended June 30, 2026) net profit of ₹17.65 lakhs (EPS ₹2.76), up from ₹8.79 lakhs in the year-ago period, driven entirely by other income of ₹40.20 lakhs. Revenue from operations remained at ₹0.00 as the company undertook no manufacturing or trading activities during the quarter. Concurrently, the Board approved a proposal to develop, construct, or plot and sell its industrial land at Chikalthana MIDC, Chhatrapati Sambhaji Nagar.

• Revenue from operations was ₹0.00 lakh as trading and manufacturing operations remained inactive during Q1.
• Other income of ₹40.20 lakhs supported a net profit of ₹17.65 lakhs versus ₹8.79 lakhs in Q1 FY26.
• Total expenses stood at ₹17.52 lakhs, comprising ₹6.60 lakhs in employee costs and ₹5.86 lakhs in depreciation.
• Board approved the proposed development/construction and sale or plotting and sale of land at J-3/1 Chikalthana MIDC.

Acrow India Ltd has scheduled a board meeting for August 14, 2026, to consider and approve the unaudited financial results for the quarter ended June 30, 2026. This is a routine regulatory filing for a micro-cap company with a market capitalization of Rs 57 Cr. The company reported a revenue of Rs 9.97 Cr in FY26 with a negative operating margin of -7.7%. Investors will be monitoring the upcoming results for signs of operational recovery following a volatile FY26.

• Board meeting scheduled for August 14, 2026, at 05:00 PM
• Agenda focuses on unaudited financial statements for the quarter ended June 30, 2026
• Company reported a TTM revenue of Rs 10 Cr against a market cap of Rs 57 Cr
• Operating profit margin for FY26 stood at -7.72%