Gratex posts ₹11 lakh profit. A nano-cap's routine annual filing.
FY26 results for a ₹7 crore market-cap company show modest growth. The audit is clean.
Mkt cap₹7.93 cr
P/E71.43×
ROE1.96%
Debt / eq.0.01
₹11.02 lakh FY26 net profit, up from ₹7.14 lakh.
What's new
- FY26 revenue grew to ₹427.13 lakh from ₹375.12 lakh in FY25.
- Net profit improved to ₹11.02 lakh from ₹7.14 lakh.
- Board appointed statutory and internal auditors for the coming year.
Why this matters
This is a routine annual filing for a nano-cap. The operational changes are minor and expected. For a company this small, the only notable point is the clean audit opinion.
What we're watching
- Any operational acceleration into FY27.
- Governance flags in future filings.
The full read
Gratex Industries filed its annual results. Revenue reached ₹427.13 lakh, up from ₹375.12 lakh in FY25. Net profit was ₹11.02 lakh, an improvement from ₹7.14 lakh. For a company with a market cap of just ₹7 crore, these are small numbers and the growth is marginal. The audit is clean. The board also appointed its statutory and internal auditors. The filing adds nothing beyond the standard disclosure required under SEBI rules. A routine governance document for a very small company.
Questions answered
- How did Gratex's FY26 results compare to FY25?
- Revenue increased to ₹427.13 lakh from ₹375.12 lakh. Net profit improved to ₹11.02 lakh from ₹7.14 lakh.
- Was the audit opinion qualified?
- No. The audit report carried an unmodified opinion, a standard clean opinion.
- What else did the board do?
- It made routine appointments of statutory and internal auditors, a standard annual procedural item.
Mentioned: Gratex Industries · ₹7 crore market cap · FY2026
Company snapshot
Gratex Industries Ltd.
Paper & Board
₹8 cr
P/E 71.36×
Latest quarter · Mar 2026
Sales₹1 cr
Net profit₹0 cr
Op. margin+8.6%
EPS₹0.12
Strength & growth
Debt / equity0.01×
Current ratio7.54×
Sales CAGR+13.0%
EPS CAGR−7.9%