Spenta swings to a net loss as revenue contracts 13% in FY26
The company posted a full-year loss of ₹130.47 lakhs after a profit of ₹121.49 lakhs the year before. Q4 alone accounted for ₹115.52 lakhs of that loss.
— 2 earlier stories on Spenta International Ltd. →What's new
- Spenta reported a full-year net loss of ₹130.47 lakhs, reversing a ₹121.49 lakh profit in the prior year.
- Annual revenue fell 13.4% to ₹41.26 crores as operational performance weakened.
- Q4 contributed a net loss of ₹115.52 lakhs on revenue of ₹11.20 crores.
Why this matters
The annual swing from profit to loss is material for a nano-cap with a market valuation of about ₹30 crores. The deterioration was not gradual; the fourth quarter alone accounted for the vast majority of the full-year deficit.
What we're watching
- Whether the Q4 loss represents a one-off event or a new operational baseline.
- The new internal auditor's first report and any governance flags it raises.
- How the stock trades at a ₹30-crore market cap now carrying losses.
The full read
Spenta International's FY26 results show a company in sharp reversal. Revenue contracted 13.4% to ₹41.26 crores, and the bottom line swung from a ₹121.49 lakh profit to a ₹130.47 lakh loss. For a nano-cap with a market valuation of about ₹30 crores, that is a material operational deterioration. The damage concentrated in the fourth quarter, which posted a net loss of ₹115.52 lakhs on ₹11.20 crore revenue. The company also brought in new auditors, M/s B. G. Dolar & Co., for the coming year. The appointment is standard procedure, but on a company this size posting this kind of loss, the new auditor's first opinion will carry unusual weight.
Questions answered
- How did Spenta's full-year results change from the prior fiscal?
- The company swung from a net profit of ₹121.49 lakhs in the prior year to a net loss of ₹130.47 lakhs in FY26. Revenue contracted by 13.4% over the same period.
- What was the primary driver of the annual loss?
- The fourth quarter was the worst period, contributing a net loss of ₹115.52 lakhs on revenue of ₹11.20 crores. This single quarter drove most of the annual deficit.
- What is the scale of the loss relative to the company's market value?
- Spenta has a market valuation of approximately ₹30 crores. The full-year net loss of ₹130.47 lakhs represents a significant portion of that value.
- What governance change did the company make?
- Spenta appointed M/s B. G. Dolar & Co. as its internal auditor for the 2026-27 financial year to strengthen its audit framework.
Story so far
All notes on SPENTA →- 29 May 2026 · 6:20 PM IST Spenta swings to a net loss as revenue contracts 13% in FY26
- 1d ago Spenta swings to ₹130 lakh loss as revenue drops 13%
- 1d ago Spenta swings to a ₹130 lakh loss as revenue contracts 13%