Vishal Bearings Ltd (539398)
Latest quarterly results (Q1 FY27)
In its latest reported quarter, Q1 FY27, Vishal Bearings' revenue was ₹22.7 Cr (+1.9% year on year, -3.0% on the previous quarter), and net profit ₹-0.8 Cr (a smaller loss than a year earlier); the operating margin was 8.4%.
| Q1 FY27 (₹ Cr) | Value | YoY vs Q1 FY26 | QoQ |
|---|---|---|---|
| Revenue | ₹22.7 | +1.9% | -3.0% |
| Operating profit | ₹1.9 | +186.7% | -60.0% |
| Net profit | ₹-0.8 | loss narrowed | to loss |
| EPS (₹) | -0.45 | loss narrowed | to loss |
| Operating margin | 8.4% | — | — |
📢 Recent Corporate Announcements
Vishal Bearings Ltd has submitted its revised Annual Report for FY 2025-2026 to rectify the inadvertent omission of the Statement of Profit and Loss in the earlier filing. The company announced that its 35th Annual General Meeting (AGM) will be held via video conferencing on September 19, 2026. Key agenda items for the AGM include the adoption of FY26 audited standalone financial statements and ratification of Rs 50,000 remuneration for the cost auditor. For FY26, the company reported total revenue of Rs 87.94 crore against a net loss of Rs 0.70 crore.
- Revised Annual Report for FY 2025-2026 submitted to include the omitted Statement of Profit and Loss
- 35th Annual General Meeting scheduled for Saturday, September 19, 2026 at 11:00 AM IST
- Proposed remuneration of Rs 50,000 plus out-of-pocket expenses for Cost Auditor M/s M. C. Bambhroliya & Associates
- Company reported pending ROC charge satisfactions of Rs 1.00 crore with Kotak Mahindra Bank and Rs 2.40 crore with Kotak Mahindra Prime
Vishal Bearings Ltd has submitted its 35th Annual Report for FY 2025-2026 pursuant to Regulation 34 of SEBI LODR Regulations. The company's 35th Annual General Meeting (AGM) will be conducted via video conferencing on Saturday, September 19, 2026. The agenda includes the adoption of standalone financial statements for FY26, the re-appointment of director Divyeshkumar Changela, and ratification of Rs 50,000 remuneration for cost auditor M/s M.C. Bambhroliya & Associates for FY27.
- 35th Annual General Meeting to be held on Saturday, September 19, 2026, at 11:00 AM IST via VC/OAVM
- Cost auditor remuneration of Rs 50,000 plus actual expenses proposed for FY 2026-2027
- Auditor notes disclose pending charge satisfaction filings of Rs 1,00,00,000 with Kotak Mahindra Bank and Rs 2,40,00,000 with Kotak Mahindra Prime
Vishal Bearings Limited has issued the notice for its 35th Annual General Meeting (AGM) to be held on Saturday, September 19, 2026, via video conferencing. Key ordinary agenda items include the adoption of audited financial statements for FY 2025-26 and the re-appointment of director Mr. Divyeshkumar Hiralal Changela, who retires by rotation. The company is also seeking approval for Rs 50,000 remuneration for cost auditor M/s M. C. Bambhroliya & Associates for FY27. Remote e-voting is scheduled from September 16 to September 18, 2026, with the cut-off date fixed at September 11, 2026.
- 35th AGM scheduled for Saturday, September 19, 2026 at 11:00 AM IST through VC/OAVM.
- Remote e-voting window opens September 16, 2026 (9:00 AM IST) and closes September 18, 2026 (5:00 PM IST).
- Cut-off date for determining voting rights is Friday, September 11, 2026.
- Proposed remuneration of Rs 50,000 plus taxes for Cost Auditor M/s M. C. Bambhroliya & Associates for FY27.
Vishal Bearings Ltd has announced that its 35th Annual General Meeting (AGM) will be held on Saturday, September 19, 2026, at 11:00 AM IST via video conferencing. The company has fixed Friday, September 11, 2026, as the cut-off date to determine shareholder eligibility for voting. The remote e-voting window will begin on September 16, 2026 (9:00 AM) and end on September 18, 2026 (5:00 PM). This is a routine statutory intimation without financial or operational impact.
- 35th Annual General Meeting scheduled for Saturday, September 19, 2026, at 11:00 AM IST via VC/OAVM
- Cut-off date fixed as Friday, September 11, 2026, to determine e-voting eligibility
- Remote e-voting period commences at 9:00 AM on September 16, 2026, and concludes at 5:00 PM on September 18, 2026
Vishal Bearings Limited has notified the exchange that its Annual General Meeting (AGM) will be held on Saturday, September 19, 2026, via video conferencing. The share transfer books and register of members will remain closed from September 12, 2026, to September 19, 2026 (both days inclusive) for AGM purposes. The cut-off date to determine e-voting eligibility has been set for Friday, September 11, 2026, with remote e-voting open from September 16 to September 18, 2026. This is a standard corporate compliance filing.
- Annual General Meeting scheduled for Saturday, September 19, 2026, at 11:00 AM IST via VC/OAVM
- Book closure period scheduled from September 12, 2026, to September 19, 2026 (both days inclusive)
- Cut-off date for e-voting determined as Friday, September 11, 2026
- Remote e-voting window open from September 16, 2026 (9:00 AM IST) to September 18, 2026 (5:00 PM IST)
Vishal Bearings Limited has approved the standalone audited financial statements for FY ended March 31, 2026, and scheduled its 35th Annual General Meeting for September 19, 2026. The board proposed the re-appointment of Mr. Divyeshkumar Hiralal Changela as a Whole-time Director who retires by rotation. The e-voting window will run from September 16 to September 18, 2026, with a cut-off date of September 11, 2026.
- 35th AGM scheduled for Saturday, September 19, 2026 at 11:00 AM IST via VC/OAVM
- Book closure fixed from September 12, 2026 to September 19, 2026
- E-voting period set from September 16, 2026 (9:00 AM) to September 18, 2026 (5:00 PM) with cut-off date on September 11, 2026
- Mr. Divyeshkumar Hiralal Changela proposed for re-appointment, holding 2,49,710 equity shares as on June 30, 2026
Vishal Bearings Ltd has scheduled a meeting of its Board of Directors on Thursday, August 27, 2026. The board will consider and adopt the audited financial statements for the financial year ended March 31, 2026, alongside related auditor and board reports. In addition, the board will finalize the date and notice for the upcoming Annual General Meeting (AGM) and set book closure dates. This is a routine administrative compliance meeting for annual report approval.
- Board meeting scheduled for Thursday, August 27, 2026
- To consider and adopt audited financial statements for the year ended March 31, 2026
- To determine the date, time, venue, and notice for the Annual General Meeting
- To approve the dates for book closure for share transfer and register of members
Vishal Bearings reported a net loss of ₹0.81 Cr for the quarter ended June 30, 2026, a sharp reversal from the ₹1.64 Cr profit recorded in the previous quarter (March 2026). Revenue from operations remained largely flat at ₹22.65 Cr, representing a marginal 1.9% growth compared to ₹22.23 Cr in the same quarter last year. High finance costs of ₹1.03 Cr continue to impact the bottom line, especially given the company's high debt-to-equity ratio of 1.85. Total expenses of ₹23.56 Cr exceeded total revenue, highlighting ongoing operational pressure.
- Net Loss of ₹0.81 Cr in Q1 FY27 vs a profit of ₹1.64 Cr in Q4 FY26.
- Revenue from operations stood at ₹22.65 Cr, a slight 3% decline on a sequential (QoQ) basis.
- Finance costs remained significant at ₹1.03 Cr, accounting for 4.5% of total revenue.
- Cost of materials consumed was ₹11.19 Cr, representing 49.4% of revenue from operations.
- Earnings Per Share (EPS) turned negative at ₹-0.45 for the quarter.
Vishal Bearings reported a standalone net loss of ₹0.81 Cr for Q1 FY27 (ended June 30, 2026), showing an improvement from a loss of ₹1.67 Cr in the same quarter last year. Revenue from operations grew marginally by 1.9% YoY to ₹22.65 Cr. However, the company slipped back into a loss compared to the ₹1.64 Cr profit recorded in the preceding quarter (March 2026). High debt levels remain a concern, with finance costs of ₹1.03 Cr impacting the bottom line.
- Net Loss narrowed to ₹0.81 Cr in Q1 FY27 compared to a loss of ₹1.67 Cr in Q1 FY26.
- Revenue from operations stood at ₹22.65 Cr, a slight increase of 1.9% from ₹22.23 Cr YoY.
- Finance costs decreased to ₹1.03 Cr from ₹1.19 Cr in the year-ago period.
- Cost of materials consumed dropped significantly to ₹11.19 Cr from ₹13.54 Cr YoY.
- Total Comprehensive Loss for the period stood at ₹0.48 Cr after accounting for other comprehensive income.
Vishal Bearings Ltd has scheduled a board meeting for August 13, 2026, to approve standalone unaudited financial results for the quarter ended June 30, 2026. The company is a micro-cap with a market capitalization of ₹54 Cr and faces significant leverage with a debt-to-equity ratio of 1.85. In the same quarter last year (June 2025), the company reported a net loss of ₹1.67 Cr. Investors will be looking for a continuation of the profitability seen in the most recent March 2026 quarter (₹1.64 Cr profit) to offset the overall FY26 net loss of ₹0.71 Cr.
- Board meeting scheduled for August 13, 2026, to approve Q1 FY27 results
- Trading window for company securities has been closed since July 1, 2026
- Company carries a total debt of ₹60 Cr against a net worth of ₹32 Cr
- TTM revenue stands at ₹88 Cr with a negative TTM EPS of -₹0.65
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