Results - Announcements
Minal Industries Ltd share price inched up 4.81% to Rs 3.27. The Company's net profit witnessed a sharp fall of 83.54% to Rs 0.39 crore, while revenue from operations declined 12.74% to Rs 11.44 crore in Q3FY26 over Q2FY26.
The market capitalization of Trading & Distributors industry group stocks on BSE stood at Rs 62485.26 crore, declining 3.22%. It has improved by 2.28% over last one week and dipped slightly by 2.62% in last one month while the market capitalization of Minal Industries Ltd has sharply increased by 17.20% and 58.74% in the same period respectively.
Profit before tax (PBT) of Minal Industries Ltd stood at Rs 0.46 crore in Q3 FY26, tanking 163.01% year-on-year, and crashing by 79.74% quarter-on-quarter. EBITDA came in at Rs 3 crore, rallying 85.80% YoY and plunging by 298.18% sequentially.
Total expenses increased by 15.06% to Rs 12.91 crore in Q3FY26 over Q3FY25. During the quarter, cost of materials consumed stood at Rs 6.74 crore, growing marginally by 1.66% YoY, while employee benefits expense was at Rs 1.38 crore, easing 6.98% YoY.
For the TTM ended FY26, revenue from operations contracted by 16.22% to Rs 42.83 crore, while net profit plunged by 85.75% to Rs 0.6 crore, compared to previous TTM. EBITDA soared by 184% to Rs 3.01 crore, and PBT tumbled by 76.79% to Rs 0.97 crore compared to previous TTM.
The company's consolidated net cash flow from operating activities stood at Rs 7.42 crore in FY26, as against Rs 4.03 crore in FY25.
Minal Industries Ltd nosedived by 10.66% in last one year, significantly underperforming the benchmark BSE Sensex which has eased by 7.38% during the same period.