What’s new

• Binayak Tex swung to a Q4 FY26 net loss of ₹95.11 lakhs from a ₹190.51 lakh profit in Q4 FY25.
• Full-year revenue grew 13% to ₹24,989 lakhs, but net profit slipped 11% to ₹247.53 lakhs.
• The quarterly loss was driven by a one-time exceptional charge of ₹269.13 lakhs for a change in gratuity accounting.

Why it matters

The accounting policy change is the story here, not operational weakness. The full-year numbers show revenue scaling while profit compresses, a pattern explained by the non-recurring hit. This is a reset, not a signal of trouble.

What we’re watching

• Whether the new gratuity accounting treatment creates additional drag in coming quarters.
• Revenue growth momentum in the core textile business.
• The gap between top-line growth and bottom-line profit in coming quarters.

The full read

Binayak Tex Processors turned a Q4 profit into a ₹95.11 lakh loss, but the numbers say the business is fine. The swing came entirely from a ₹269.13 lakh exceptional item tied to a change in how the company accounts for employee gratuity. Before that charge, Q4 was profitable. Full-year figures tell the cleaner story: revenue climbed 13% to ₹24,989 lakhs, while net profit dipped 11% to ₹247.53 lakhs. The profit decline looks modest against the revenue gain and is explained by the one-time hit. This is an accounting reset, not a signal of operational trouble. The open question is whether the new gratuity treatment creates any additional drag in coming quarters.

Primary source: BSE · NSE