BSEResult23 Jun 2026 · 23 Jun 2026, 02:30 pm

FINANCIAL RESULTS FOR THE F.Y. 2025-26

Organic Coatings Ltd · 531157

✦ AI Summary▼ NegativeResults

Organic Coatings Ltd reported audited financial results for FY2025-26, announcing a net loss of Rs. 325.88 lakhs, a significant increase from the Rs. 210.23 lakhs loss in the prior year. Revenue from operations also declined to Rs. 2,809.33 lakhs. Due to these losses, the board did not recommend any dividend. Additionally, the appointment of two independent directors was deferred, and the Company Secretary and Compliance Officer resigned.

Analysis Scores

Earnings Impact1/10
Growth Catalyst1/10
Governance Concern4/10
Regulatory Risk2/10
Balance Sheet Risk9/10
Liquidity Impact4/10
Market Sentiment1/10

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Organic Coatings Ltd - 531157 - Financial Results For The F.Y. 2025-26

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ORGANIC COATINGS LIMITED MANUFACTURERS OF : PRINTING INKS & ALLIED PRODUCTS Registered Office Unil No 405, Atlanta Estate Premises Co-op Soc. Ltd. Near Virwani Indio Estate, \11th Bhatti, Goregaon (East). Mumba,· 400 063 • TEL, 022·29272114140037192 E-mail organiccoatingsltd@organiccoatmgsltd.com - Web Site. WW'W.organiccoatmgslld.(;om CIN: L24220MH1965PLC013187 May 30, 2026 BSE Ltd. 25th Floor, Rotunda Building Dept. of Corporate Services Phiroze Jeejeebhoy Towers, M. S. Marg, Mumbai - 400001. Stock Code - BSE Code No. 531157 Dear Sirs, Sub: Outcome of the Board Meeting - audited financial results for the year ended 31"t March. 2026 In terms of Regulation 33 and Regulation 52 read with Regulation 63(2) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we are sending herewith the following approved by the Board of Directors of the Company at its meeting held on 30th May, 2026 which commenced at 5.19 P m. and ended at 6.18 p.m.: 1) Statement of the audited financial results for the year ended 31st March, 2026, attached herewith. 2) The board of directors has not recommended any dividend due to loss. 3) Report of Independent Auditors. 4) Declaration pursuant to Regulation 33(3)(d) of SEBI (LODR) Regulations, 2015 stating that Mis. Soman Uday & Co., Statutory Auditors of the Company has issued Audit Report with unmodified opinion of the audited financial statements of the company for the year ended 31st March, 2026. 5) Appointment of Mr. Ramanathan Ganesh (DIN:00016260) as an Independent Director has been deferred. 6) Appointment of Mr. Subhash Ambubhai Patel (DIN:00535221) as an Independent Director has been deferred. 7) Resignation of Mrs. Nivedita Kulknarni, Company Secretary and Compliance Officer w.e.f. 29.05.26 due to personal reason. 8) Decided to keep Books of Account at Block No. 395,437,450 Umraya. Tal. Padra, Dist. Vadodara 391440 Gujarat. BARODA WORKS Block No. : 395, 437, 450. Umraya Village, Taluka Padra. Dist. Vadodara. Guiarat· 391440 (INDIA). Tel. : (02662) 244080 ORGANIC COATINGS LIMITED MANUFACTURERS OF : PRINTING INKS & ALLIED PRODUCTS Registered Office' Unll No. 405, Atlanta Estate PremIses Co-op Soc ltd .. Near Virwant Indl. Estate Vitlh Bhatti. Goregaon (Eastl. Mumbal' 400 063 .• TEL : 022·29272114140037192 E-mail: organiccoatingsltd@organiccoatingsltd.com - Web Site, www.organiccoalingsltd.{;om CIN: L24220MH1965PLC013187 The Company has made the arrangement of the publication of the above audited results in the newspapers as required under SEBI (LODR) Regulations, 2015. Please disseminate the above to the members of the stock exchange. Thanking you, Yours faithfully, For Organic Coatings Ltd. 1<1"'. . ', Ii ', .. , (,4 (''1.) I,',...; i'_ \.- ._ Ajay R. Shah Whole Time Director & CFO (DIN 00011763) Encl: as above. BARODA WORKS Block No. : 395. 437, 450. Umraya Village. Taluka Padra, DisC Vadodara. Guiarat -391440 (INDIA) • Tel. (02662) 244080 ORGANIC COATINGS LIMITED MANUFACTURERS OF : PRINTING INKS & ALLIED PRODUCTS Registered Office: Unit No. 405, Atlanta Estate Premises Co-ap. Soc. Ltd .. Near Virwani Indl. Estate. Vitlh Shalli, Garegaon (East), Mumbai· 400 063 • TEL 022-29272114/40037192 E-mail: organiccoatingsltd@organiccoatingsltd.com • Web Site ' www.organiccoatingsltd.(;om CfN: L24220MH1965PLC013187 STATEMENT Of AUDITED fiNANCIAL RESULTS FOR THE QUARTER AND YEAR ENDED ON 31st MARCH, 2026 (Rs In lakhs except for Earning Per Share) Quarter Ended Year Ended Particulars 31.03.2026 31.12.2025 31.03.2025 31.03.2026 31.03.2025 ·Audited (Unaudited) ·Audited Audited Audited 1 Revenue From Operations 962.10 586.66 635.00 2.809.33 2,895.79 Other Income 2.72 2.93 0.17 10.55 4.66 Total Income 964.82 589.59 635.17 2,819.88 2,900.45 2 Expenses - (a) Cost of Materials Consumed 663.96 475.05 492.88 2,077.41 2,162.68 (bl Change in Inventories of Finished Goods, Work-In-Progress and Stock In-Trade 38.18 (86.42) (8.56) (47.20) (15.511 leI Emplovee Benefits Expense 62.04 44.03 52.65 176.07 129.10 (d) finance Costs 16.29 17.08 19.69 71.31 115.56 (e) Depreciation and Amortisation Expense 23.70 23.17 21.06 90.90 86.25 (f) Other Expenses 245.64 212.48 135.03 777.27 632.60 Total Expenses 1,049.81 685.38 712.75 3,145.76 3,110.68 3 Profit/floss) before Exceptional item and tax (1-2) (84.99) (95.79) (77.58) (325.88) (210.23) 4 Exceptional Items - - 5 Profit/(loss) before tax (3-4) (84.99) (95.79) (77.58) (325.88) (210.23) 6 Tax Expenses CUrrent Tax - -Deferred Tax Asset - - - Profit/floss) after tax before extraordinary items for the period 7 (5-6) (84.99) (95.79) (77.58) (325.88) (210.23) 8 Extraordinary Items (Net of Tax Expenses) - - - - 9 Net Profit/(loss) For the Period (7-8) (84.99) (95.79) (77.58) (325.88) (210.23) 10 Other Comprehensive Income (OCl) (i) Items that will not be reclassified to profit or loss 1.06 - 5.28 1.06 5.28 (ii) Income tax relating to Items that will not be reclassified to profit or loss - - Total other Comprehensive Income (OCI) (Net of tax) 1.06 5.28 1.06 5.28 11 Total Comprehensive Income for the period (9-10) (86.05) (95.79) (82.87) (326.94) (215.53) 12 Paid-up equity share capital (Face Value of Rs. 10/-each) 997.46 997.46 997.46 997.46 997.46 13 Other equity excluding revaluation reserve (1,182.09) (855.15) 14 Earnings Per Share (Face Value of Rs, 10/-each) a) Basic (In Rs.) (0.85) (0.96) (0.78) (3.27) (2.111 b) Diluted (In Rs.) (0.85) (0.96) (0.78) (3.27) (2.ll) Notes' 1) • The figures of current quarter and quarter ended 31st March, 2025 are the balancing figures between audited figures of the fuP financial year ended'31st March, 2026 and 31st March, 2025 respectively and the published year to date figures upto third quarter ended 31st Dec.ember, 2026 and 31st December, 2025, respectively, which were subjected to limited review, 2) The Company does not have different segments and hence segment wise reporting is not applicable to the Company, 3) Previous year's figures have been regrouped / reclassified wherever necessary to correspond with the current year's classificatIOn disclosure. 4) The above audited financial results have been reviewed by the Audit Committee and approved by the Board of Directors of thp Company at the meetings held on 30th May. 2026. 5) The financial results for the quarter and year ended 31st March, 2026 has been audited by the statutory auditor of the Company. For & on behalf of the Board For Organic Coatings Umited Date : 30/05/2026 Ajay R. Shah I Place Mumbai Whole Time Director and (FO BARODA WORKS B(ock No .. 395. 437, 450. Umraya Village, Taluka Padra, Dist. Vadodara. Gujarat -391440 (INDIA) • Tel (02662) 244080 ORGANIC COATINGS LIMITED MANUFACTURERS OF : PRINTING INKS & ALLIED PRODUCTS Registered Office' Unit No 405, Atlanta Estate PremIses Co-op Soc. Ltd .. Near Virwani Indl Estate, Villh 8halli, Goregaon (East), Mumbal' 400 063 .• TEL . 022·29272tt4 f 40037192 E-mail: organiccoatingsltd@organiccoatingslld.com - Web Site: www.organiccoatingsltd.com CIN: L24220MH1965PLC013187 AUDITED BALANCE SHEET AS AT 31st MARCH, 2026 (Rs In Lakhs) As At 31.03,2026 As At 31,03,2025 Particulars (Audited) (Audited) ASSETS Non Current Assets (a) Property, Plant and Equipment 906.74 869.97 (b) Capital Work-in· Progress · . (c) Intangible Assets 0.42 0.42 (d) Financial Assets -Other Financial Assets 46.86 44.64 (d) Other Non Current Assets · - Total Non Current Assets 954,02 915.03 Current Assets (a) Inventories 534.59 338.26 (b) Financial Assets Investments · . Trade Receivables 805.02 484.95 . Cash and Cash Equivalents 97.30 5.88 Other Financial Assets 7.75 4.97 (c) other Current Assets 29.31 27.73 Total Current Assets 1,473.97 861.79 Total Assets 2,427,99 1,776.82 EQUITY AND LlABILlTtES Equity (a) Equity Share Capital 997.46 997.46 (b) Other Equity (995.19) (668.25) Total Equity 2.27 329,21 liabilities Non Current liabilities (a) Financial Liabilities -Borrowings 326.61 441.61 (b) Other Financial Liabilities 86.13 11.13 (c) Provisions 34.12 26.65 Total Non Current [Showing first 8,000 characters — download PDF for full document]