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Hemang Resources slips to a loss as revenue contracts in FY26

The nano-cap firm reported a net loss of ₹42.92 lakhs for the fiscal year, reversing the ₹54.02 lakhs profit it posted in FY25.

2 earlier stories on Hemang Resources Ltd.
Mkt cap₹18.15 cr
P/E20.01×
ROE2.08%
Debt / eq.0.07
₹42.92 lakhs Net loss reported for the fiscal year ended March 31, 2026.

What's new

  • Hemang Resources reported a net loss of ₹42.92 lakhs for FY26.
  • Revenue fell to ₹808.08 lakhs from ₹880.18 lakhs in the prior year.
  • The company swung from a profit of ₹54.02 lakhs in FY25 to a loss this year.

Why this matters

For a company with a valuation of roughly ₹18 crore, the shift from profitability to a loss is a material deterioration in performance. The revenue contraction confirms the business is shrinking, not just struggling with margins.

What we're watching

  • Any signs of a turnaround in the upcoming quarterly results.
  • Management commentary on the decline in operational revenue.
  • Liquidity position given the shift to a loss-making state.

The full read

Hemang Resources ended FY26 in the red. The company reported a net loss of ₹42.92 lakhs, a sharp reversal from the ₹54.02 lakhs profit it recorded in FY25. Revenue also trended downward, falling to ₹808.08 lakhs from ₹880.18 lakhs in the previous year. For a company with a market valuation of only ₹18 crore, this swing into losses is a material development. The numbers confirm a shrinking business, as both top-line revenue and bottom-line profitability have eroded over the last twelve months.

Questions answered

What was the financial result for Hemang Resources in FY26?
The company reported a net loss of ₹42.92 lakhs for the fiscal year ended March 31, 2026.
How does the FY26 performance compare to the previous year?
The company swung from a profit of ₹54.02 lakhs in FY25 to a loss of ₹42.92 lakhs in FY26.
Did revenue change during the period?
Yes, revenue from operations contracted to ₹808.08 lakhs, down from ₹880.18 lakhs in the prior year.
What is the scale of this company?
Hemang Resources is a nano-cap entity with a market valuation of approximately ₹18 crore.
Mentioned: Hemang Resources Ltd.
Primary source BSE · NSE

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

  1. 28 May 2026 · 6:25 PM IST Hemang Resources slips to a loss as revenue contracts in FY26
  2. today Hemang Resources slips to a loss as revenue contracts
  3. 1d ago Hemang Resources swings to a loss as annual revenue slips