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Earnings · Consumer Food · Micro cap

Sunil Agro Foods reports annual profit as MD resigns

The company swung to a net profit of ₹39.71 lakhs for FY26, though auditors flagged ₹97.57 lakhs in unprovisioned bad debt.

1 earlier story on Sunil Agro Foods Ltd.
Mkt cap₹24.91 cr
P/E110.22×
ROE0.00%
Debt / eq.2.03
₹39.71 lakhs Net profit for FY26, reversing a prior-year loss of ₹109.43 lakhs.

What's new

  • Revenue fell to ₹195.13 cr from ₹228.90 cr in the previous year.
  • Auditors issued a qualified opinion regarding ₹97.57 lakhs of bad debt from Maiyas Beverage.
  • The managing director has resigned, while the CEO has been reappointed.

Why this matters

The shift to profitability is overshadowed by the auditor's qualification regarding bad debt. The combination of a leadership shakeup and unresolved credit issues creates uncertainty for this nano-cap firm.

What we're watching

  • The company's plan to address the ₹97.57 lakhs in bad debt.
  • The appointment of a new managing director.
  • Whether revenue can stabilize after the decline to ₹195.13 cr.

The full read

Sunil Agro Foods has confirmed its FY26 results, showing a swing to a net profit of ₹39.71 lakhs from a loss of ₹109.43 lakhs the prior year. Revenue fell to ₹195.13 crore from ₹228.90 crore. Despite the improved bottom line, the company faces a qualified audit opinion regarding ₹97.57 lakhs in bad debt from Maiyas Beverage that remains unprovisioned. Leadership is also in flux, with the managing director resigning while the CEO has been reappointed. This filing is a confirmation of information already released earlier in the day. The core issue is the auditor's concern over the bad debt, which casts a shadow over the reported profitability.

Questions answered

What were the key financial results for Sunil Agro Foods?
The company reported a net profit of ₹39.71 lakhs for FY26, a turnaround from the ₹109.43 lakhs loss recorded in the previous year. Revenue declined to ₹195.13 crore from ₹228.90 crore.
Why did the auditors qualify the financial results?
Auditors issued a qualified opinion because the company failed to make provisions for ₹97.57 lakhs in bad debt owed by Maiyas Beverage.
What changes occurred in the company's leadership?
The managing director has resigned from the board. Simultaneously, the company has reappointed its CEO.
Is there new information in this filing?
No. This filing confirms financial results and leadership changes that were already disclosed earlier in the day.
Mentioned: Sunil Agro Foods · Maiyas Beverage
Primary source BSE · NSE

An independent reading of the company's own disclosure — the primary filing above is the final word.

  1. 27 May 2026 · 1:44 PM IST Sunil Agro Foods reports annual profit as MD resigns
  2. today Sunil Agro Foods swings to profit as auditor flags bad debt