<?xml version="1.0" encoding="UTF-8"?>
<rss version="2.0" xmlns:atom="http://www.w3.org/2005/Atom" xmlns:dc="http://purl.org/dc/elements/1.1/" xmlns:content="http://purl.org/rss/1.0/modules/content/">
  <channel>
    <title>Pasupati Spinning &amp; Weaving Mills Ltd. (PASUPATSPG) — Tipsheet</title>
    <link>https://tipsheet.markets/company/pasupatspg/</link>
    <atom:link href="https://tipsheet.markets/company/pasupatspg/feed.xml" rel="self" type="application/rss+xml" />
    <description>Every Tipsheet Editorial note covering Pasupati Spinning &amp; Weaving Mills Ltd. (PASUPATSPG), newest first. Grounded in BSE/NSE primary-source filings.</description>
    <language>en-in</language>
    <lastBuildDate>Mon, 06 Jul 2026 10:22:48 GMT</lastBuildDate>
    <item>
      <title>Pasupati Spinning&#39;s annual results are back. The auditor&#39;s land claim is too.</title>
      <link>https://tipsheet.markets/pasupatspg-pasupati-spinning-s-annual-results-are-back-the-auditor-s-land-claim-is-too-98910/</link>
      <guid isPermaLink="true">https://tipsheet.markets/pasupatspg-pasupati-spinning-s-annual-results-are-back-the-auditor-s-land-claim-is-too-98910/</guid>
      <pubDate>Tue, 26 May 2026 16:22:58 GMT</pubDate>
      <description>The FY26 numbers show profit growth, but they&#39;re old news. The unresolved land claim persists.</description>
      <content:encoded><![CDATA[<p><em>The FY26 numbers show profit growth, but they're old news. The unresolved land claim persists.</em></p>
<h3>What’s new</h3><ul><li>The audited FY26 results reconfirm a profit of ₹222 lacs, up from ₹88 lacs in FY25.</li><li>The results were already disclosed in a prior regulatory submission.</li><li>The auditor's qualified opinion on a contingent land compensation claim is repeated.</li></ul>
<h3>Why it matters</h3><p>This is a procedural filing, not news. The numbers are stale, and the only material point—the unresolved land claim—carries its qualified opinion into another year without change.</p>
<h3>What we’re watching</h3><ul><li>Any resolution of the contingent land compensation claim.</li><li>Whether the auditor's qualification changes in future filings.</li><li>The actual FY27 results when they arrive.</li></ul>
<h3>The full read</h3><p>Pasupati Spinning's audited FY26 results are already public. Profit rose to <strong>₹222 lacs</strong> from <strong>₹88 lacs</strong> the prior year. This filing reconfirms those numbers. It also renews the auditor's qualified opinion on a contingent land compensation claim. The qualification is unchanged from last year. The board made its standard annual auditor appointments. No new information. The land claim remains the single overhang, unresolved.</p>
<p>Primary source: <a href="https://www.bseindia.com/corporates/ann.html?scrip=503092&dur=A">BSE</a> · <a href="https://www.nseindia.com/companies-listing/corporate-filings-announcements?symbol=PASUPATSPG">NSE</a></p>]]></content:encoded>
      <category>Earnings</category>
      <dc:creator>Tipsheet Editorial</dc:creator>
    </item>
    <item>
      <title>Pasupati profit doubles but auditor flags a bigger unpaid claim</title>
      <link>https://tipsheet.markets/pasupatspg-pasupati-profit-doubles-but-auditor-flags-a-bigger-unpaid-claim-98883/</link>
      <guid isPermaLink="true">https://tipsheet.markets/pasupatspg-pasupati-profit-doubles-but-auditor-flags-a-bigger-unpaid-claim-98883/</guid>
      <pubDate>Tue, 26 May 2026 16:13:57 GMT</pubDate>
      <description>Net profit jumped to ₹222 lakhs in FY26, but the auditors qualified the report over a ₹614.64 lakh land claim larger than the year&#39;s earnings.</description>
      <content:encoded><![CDATA[<p><em>Net profit jumped to ₹222 lakhs in FY26, but the auditors qualified the report over a ₹614.64 lakh land claim larger than the year's earnings.</em></p>
<h3>What’s new</h3><ul><li>Net profit more than doubled to ₹222 lakhs in FY26 from ₹88 lakhs in FY25.</li><li>Revenue slipped to ₹9,934 lakhs from ₹10,050 lakhs, but higher gross margins and cost control lifted operating profit.</li><li>Auditors issued a qualified opinion over ₹614.64 lakhs in unrecognised land compensation.</li></ul>
<h3>Why it matters</h3><p>The profit surge on flat revenue is a pure margin story, pointing to better cost management in the textile and logistics units. The auditor's qualification, however, ties the profit quality to the receipt of a ₹614.64 lakh contingent claim — a sum larger than the year's net profit.</p>
<h3>What we’re watching</h3><ul><li>Resolution of the ₹614.64 lakh land compensation claim.</li><li>Whether the margin improvement holds without revenue growth.</li><li>The company's ability to maintain cost control into FY27.</li></ul>
<h3>The full read</h3><p>Pasupati Spinning &amp; Weaving Mills posted a net profit of <strong>₹222 lakhs</strong> for FY26, more than double the <strong>₹88 lakhs</strong> earned the prior year. Revenue slipped to <strong>₹9,934 lakhs</strong> from <strong>₹10,050 lakhs</strong>, but the profit swing came from higher gross margins and cost control in its textile and logistics businesses. The quarterly result was particularly strong, with Q4 profit at <strong>₹177 lakhs</strong> versus <strong>₹17 lakhs</strong> in Q3. The qualified audit opinion, however, puts a question mark on the earnings quality. The auditors flagged <strong>₹614.64 lakhs</strong> in additional compensation for acquired factory land that remains unrecognised and contingent on receipt. That claim is nearly three times the year's profit. The board also reappointed its cost and internal auditors for the next financial year.</p>
<p>Primary source: <a href="https://www.bseindia.com/corporates/ann.html?scrip=503092&dur=A">BSE</a> · <a href="https://www.nseindia.com/companies-listing/corporate-filings-announcements?symbol=PASUPATSPG">NSE</a></p>]]></content:encoded>
      <category>Earnings</category>
      <dc:creator>Tipsheet Editorial</dc:creator>
    </item>
  </channel>
</rss>