Sarup Industries profit falls 88% as prior-year one-time gain vanishes
FY26 net profit slumped to ₹56.83 lakhs. The prior-year number was inflated by an ₹413.99 lakh exceptional item.
— 1 earlier story on Sarup Industries Ltd. →What's new
- FY26 net profit was ₹56.83 lakhs, down 88% from ₹478.87 lakhs in FY25.
- The decline is almost entirely due to an exceptional item of ₹413.99 lakhs in the prior year.
- Annual revenue was ₹1,608.45 lakhs, up from ₹1,597.16 lakhs.
Why this matters
The 88% profit plunge is a mechanical effect of the prior year's exceptional gain not recurring. The underlying operating profit is thin, and the business showed minimal revenue growth.
What we're watching
- Whether Sarup can generate a profit without exceptional items in FY27.
- The company's ability to grow revenue beyond the ₹16 crore level.
- Any explanation for the prior year's ₹413.99 lakh exceptional item.
The full read
Sarup Industries' FY26 profit is ₹56.83 lakhs. That is an 88% drop from the prior year's ₹478.87 lakhs. The story is simple. Last year's result was flattered by an exceptional item of ₹413.99 lakhs. Strip that out, and the comparison is between two very small profit figures. Revenue was essentially flat at ₹1,608.45 lakhs. The filing is routine. It contains no new strategy, guidance, or disclosure. For a nano-cap with a ₹39 crore market cap, the numbers confirm a thin-margin business with no new catalysts. The stock is unlikely to react to disclosures that were already priced in.
Questions answered
- Why did Sarup Industries' profit fall 88% year-on-year?
- The prior year's profit of ₹478.87 lakhs included an exceptional item of ₹413.99 lakhs. This one-time gain did not recur in FY26, causing the headline profit to collapse.
- How did the company's revenue perform?
- Full-year revenue was ₹1,608.45 lakhs, a marginal increase from ₹1,597.16 lakhs in the prior year. Growth was minimal.
- What was the quarterly profit trend?
- Q4 net profit was ₹27.20 lakhs, down from ₹42.54 lakhs in the same quarter last year.
Story so far
All notes on SARUPINDUS →- 30 May 2026 · 2:16 PM IST Sarup Industries profit falls 88% as prior-year one-time gain vanishes
- today Sarup Industries profit falls 88% on one-off base