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Earnings · Leather · Micro cap

Aritas Vinyl revenue hits ₹100.99 cr as equity infusion boosts reserves

The nano-cap firm reported a 3.4% revenue uptick for FY26 while adding ₹29.68 crore in fresh equity to its balance sheet.

2 earlier stories on Aritas Vinyl Ltd.
Mkt cap₹29.04 cr
P/E7.03×
ROE20.18%
Debt / eq.1.80
₹35.27 cr Total reserves following a ₹29.68 crore equity infusion.

What's new

  • FY26 revenue rose 3.4% to ₹100.99 crore.
  • Profit before tax climbed 14.8% to ₹5.70 crore.
  • Reserves jumped from ₹7.84 crore to ₹35.27 crore after a share issuance.

Why this matters

For a company with a market cap of only ₹29 crore, the equity infusion is massive. The unmodified audit report provides a clean bill of health for the FY26 results, though the board-level churn warrants a closer look at governance stability.

What we're watching

  • How the company deploys the fresh ₹29.68 crore in capital.
  • The impact of the board reconstitution on strategic direction.
  • Whether the profit growth sustains in the coming quarters.

The full read

Aritas Vinyl closed FY26 with ₹100.99 crore in revenue, a 3.4% increase over the prior year. Profit before tax grew more sharply, rising 14.8% to ₹5.70 crore.

The most significant movement is on the balance sheet. Following a ₹29.68 crore equity infusion, the company's reserves surged from ₹7.84 crore to ₹35.27 crore. Given the company's market cap of just ₹29 crore, this capital injection is a major event. The board also saw changes, with one independent director resigning and another taking their place, accompanied by a broader committee reshuffle.

With an unmodified audit report in hand, the company enters the new fiscal year with a significantly altered capital structure and a refreshed board.

Capital is now abundant.

The next test is how management puts that fresh cash to work.

Questions answered

What drove the surge in reserves?
Reserves increased from ₹7.84 crore to ₹35.27 crore primarily due to a ₹29.68 crore equity infusion from a share issuance.
How did the company perform financially in FY26?
Revenue grew by 3.4% to reach ₹100.99 crore, while profit before tax improved by 14.8% to ₹5.70 crore.
Are there any concerns regarding the audit?
No. The auditor issued an unmodified report, which is a favorable sign for the financial statements.
What changes occurred at the board level?
The company appointed a new independent director and accepted the resignation of another, leading to a reconstitution of its committees.
Mentioned: Aritas Vinyl Ltd. · FY26
Primary source BSE · NSE · Tijori

An independent reading of the company's own disclosure — the primary filing above is the final word.

  1. 26 May 2026 · 5:51 PM IST Aritas Vinyl revenue hits ₹100.99 cr as equity infusion boosts reserves
  2. 1d ago Aritas Vinyl reports FY26 revenue of ₹100.99 crore
  3. 1d ago Aritas Vinyl reports modest FY26 growth as board changes occur