Spenta swings to ₹130 lakh loss as revenue drops 13%
A ₹121 lakh profit in FY25 turned into a ₹130 lakh net loss in FY26. Annual revenue fell to ₹41.26 crore on operational weakness.
— 2 earlier stories on Spenta International Ltd. →What's new
- Spenta's FY26 net result flipped from a ₹121.49 lakh profit to a ₹130.47 lakh loss.
- Annual revenue fell 13% to ₹41.26 crore, with Q4 alone posting a ₹115.52 lakh loss on ₹11.20 crore revenue.
- The board appointed B. G. Dolar & Co. as internal auditors for FY27.
Why this matters
For a company with a ₹30 crore market cap, swinging from profit to a loss equal to about 43% of its revenue base is a material operational miss. The reversal was driven by top-line contraction, not a one-time hit, making the path back to profitability dependent on revenue recovery.
What we're watching
- Whether the Q4 loss pattern is a one-off or the new run-rate for FY27.
- Management commentary on the 13% revenue decline and what drove the operational weakness.
- The impact of the new internal auditor appointment on financial reporting.
The full read
Spenta International's FY26 results show a business in reverse. Revenue fell 13% to ₹41.26 crore, and the company swung from a ₹121.49 lakh profit to a ₹130.47 lakh net loss. For a nano-cap with a ₹30 crore market capitalization, that loss is equal to roughly 43% of its revenue base, a significant operational deterioration. The damage was concentrated in the fourth quarter, which alone delivered a ₹115.52 lakh loss on ₹11.20 crore in revenue, suggesting the business weakened sharply as the year concluded. The board also brought in new auditors, a standard move but one that follows a year of financial decline. The open question is whether this loss marks a new baseline or if revenue can recover in FY27.
Questions answered
- How severe was the financial reversal in FY26?
- Spenta went from a ₹121.49 lakh net profit in FY25 to a ₹130.47 lakh net loss in FY26. This was driven by a 13% decline in annual revenue to ₹41.26 crore, indicating the loss was operational rather than one-off.
- What happened in the final quarter?
- The fourth quarter accounted for most of the annual loss, posting a ₹115.52 lakh net loss on revenue of ₹11.20 crore. This suggests the business weakened significantly as the fiscal year progressed.
- Why is this loss material for a company of this size?
- With a ₹30 crore market capitalization, a ₹130.47 lakh loss represents a significant portion of the company's value. The swing from profit to loss is a substantial shift in its financial health.
- Did the company make any other governance changes?
- Alongside the results, the board approved the appointment of B. G. Dolar & Co. as the company's internal auditors for the 2026-2027 financial year.
Story so far
All notes on SPENTA →- 29 May 2026 · 6:16 PM IST Spenta swings to ₹130 lakh loss as revenue drops 13%
- 1d ago Spenta swings to a net loss as revenue contracts 13% in FY26
- 1d ago Spenta swings to a ₹130 lakh loss as revenue contracts 13%