Mehul Telecom revenue jumps 73% to ₹20,012 lakhs in FY26
The Rajkot-based firm reported a net profit of ₹996 lakhs for the year ended March 31, 2026, as mobile and accessories sales surged.
What's new
- Revenue climbed 73% to ₹20,012 lakhs for the year ended March 31, 2026.
- Net profit rose 71% to ₹996 lakhs.
- Reserves and surplus more than doubled to ₹1,953 lakhs.
Why this matters
For a nano-cap company, this growth profile is strong. The expansion in reserves suggests the business is successfully retaining earnings to fund its scale, though investors should watch if this pace is sustainable.
What we're watching
- Whether the mobile and accessories segment maintains this growth rate in FY27.
- The impact of the new internal auditor on financial reporting processes.
- Any further expansion plans following the registered office move.
The full read
Mehul Telecom delivered a strong FY26. Revenue climbed 73% to ₹20,012 lakhs, while net profit rose 71% to ₹996 lakhs. The company’s balance sheet also shows improved health, as reserves and surplus more than doubled to ₹1,953 lakhs.
While these results are a routine annual disclosure, the scale of growth is significant for a company of this size. Beyond the numbers, the board finalized a change to its registered office in Rajkot and appointed a new internal auditor. The core question is whether the mobile and accessories business can maintain this momentum into the next fiscal year. For now, the company is growing its capital base alongside its top line. It is a solid year.
Questions answered
- What drove the revenue growth for Mehul Telecom?
- The company attributed the 73% revenue increase to strong performance in its mobile phone and accessories business.
- How did the balance sheet change during the year?
- Reserves and surplus more than doubled, reaching ₹1,953 lakhs by the end of March 2026.
- Were there any governance changes announced?
- The board approved the appointment of a new internal auditor and a change of the company's registered office within Rajkot.
- What was the net profit for the fiscal year?
- Mehul Telecom reported a net profit of ₹996 lakhs, representing a 71% increase compared to the previous year.