Spenta swings to a ₹130 lakh loss as revenue contracts 13%
The nano-cap turned from a ₹121 lakh profit last year into a loss, with annual revenue falling to ₹41.26 crore.
— 2 earlier stories on Spenta International Ltd. →What's new
- Spenta reported a net loss of ₹130.47 lakh for FY26 versus a ₹121.49 lakh profit in FY25.
- Annual revenue fell 13% to ₹41.26 crore; the final quarter posted a ₹115.52 lakh loss.
- The board appointed B. G. Dolar & Co. as internal auditors for the new financial year.
Why this matters
For a company with a ₹30 crore market cap, swinging from profit to a six-figure loss on a 13% revenue drop signals a sharp operational reversal. The final quarter accounted for the vast majority of the annual loss, suggesting the deterioration accelerated.
What we're watching
- Whether Q4 loss signals a one-off or a new operational baseline.
- How the new internal auditors assess the cost structure.
- Any commentary on the 13% annual revenue decline.
The full read
Spenta International's fiscal year turned sharply. The nano-cap posted a net loss of ₹130.47 lakh for FY26, a complete reversal from the ₹121.49 lakh profit it reported in FY25. Annual revenue contracted 13% to ₹41.26 crore. The fourth quarter alone accounted for a ₹115.52 lakh loss, even as quarterly revenue edged up to ₹11.20 crore. For a company with a ₹30 crore market capitalisation, this is a material swing. The filing also announced the appointment of new internal auditors, a standard action but one that arrives as the cost structure clearly buckles. The operational deterioration accelerated through the year, with the final three months doing the most damage.
Questions answered
- How big was Spenta's swing from profit to loss?
- Spenta went from a net profit of ₹121.49 lakh in FY25 to a net loss of ₹130.47 lakh in FY26. The move represents a full-year earnings reversal of over ₹250 lakh.
- What drove the annual loss?
- A 13% contraction in annual revenue to ₹41.26 crore was the primary driver. The deterioration accelerated in the final quarter, which alone produced a loss of ₹115.52 lakh.
- What is the significance of the auditor change?
- The appointment of B. G. Dolar & Co. is a routine board action for the new financial year. The change follows a period of material losses, but the filing does not link the two events.
- How material is this for a company of Spenta's size?
- With a market capitalisation of ₹30 crore, a ₹130 lakh net loss is significant, wiping out more than the entire profit from the prior year. The loss is a material operational development for a nano-cap.
Story so far
All notes on SPENTA →- 29 May 2026 · 5:43 PM IST Spenta swings to a ₹130 lakh loss as revenue contracts 13%
- 1d ago Spenta swings to a net loss as revenue contracts 13% in FY26
- 1d ago Spenta swings to ₹130 lakh loss as revenue drops 13%