How did the company's financial performance change year-over-year?

Sunil Agro Foods swung to a net profit of ₹39.71 lakhs from a loss of ₹109.43 lakhs in the previous year. However, revenue declined to ₹195.13 crores from ₹228.90 crores.

What changes occurred in the company's leadership?

Managing Director B Shantial resigned effective May 27, 2026, citing advancing age. Simultaneously, the board reappointed Pramod Kumar Jain as Whole-Time Director and CEO for a three-year term starting November 1, 2026.

Earnings · Consumer Food · Micro cap

Sunil Agro Foods swings to profit as auditor flags bad debt

The company reported a net profit of ₹39.71 lakhs for FY26, but the auditor qualified the results over an unprovided ₹97.57 lakhs receivable from an insolvent debtor.

— 1 earlier story on Sunil Agro Foods Ltd. →

SUNILAGR 27 May 2026 · 1:37 PM IST Verify on BSE · NSE

Mkt cap₹24.91 cr

P/E110.22×

ROE0.00%

Debt / eq.2.03

₹39.71 lakhs Net profit for FY26, marking a turnaround from last year's loss.

What's new

Sunil Agro Foods posted a net profit of ₹39.71 lakhs, reversing a prior-year loss of ₹109.43 lakhs.
Revenue fell to ₹195.13 crores from ₹228.90 crores.
Auditor issued a qualified opinion regarding a ₹97.57 lakhs receivable from Maiyas Beverage.
Managing Director B Shantial resigned; CEO Pramod Kumar Jain secured a three-year extension.

Why this matters

The return to profitability is overshadowed by the auditor's qualification regarding a long-standing receivable from an insolvent entity. Investors must weigh the operational turnaround against the governance risk of carrying bad debts on the balance sheet.

What we're watching

Any recovery efforts regarding the ₹97.57 lakhs owed by Maiyas Beverage.
The impact of B Shantial's departure on board stability.
Revenue growth trends in the coming quarters.

The full read

Sunil Agro Foods returned to profitability in FY26, posting a net profit of ₹39.71 lakhs compared to a loss of ₹109.43 lakhs in the prior year. This improvement occurred despite a contraction in revenue, which slipped to ₹195.13 crores from ₹228.90 crores. The results carry a qualified opinion from the auditor, who flagged the company’s refusal to write off a ₹97.57 lakhs receivable from Maiyas Beverage and Foods. That debtor has been under NCLT insolvency proceedings since 2019, casting doubt on the recoverability of the funds. Leadership is also shifting, as Managing Director B Shantial resigned effective May 27, 2026, while the board extended the term of CEO Pramod Kumar Jain for another three years starting November 1, 2026. The company’s ability to clear its balance sheet of legacy bad debts remains the primary test for investors.

Questions answered

Why did the auditor qualify the FY26 results?: The auditor flagged the company's failure to provide for a ₹97.57 lakhs receivable from Maiyas Beverage and Foods. This debtor has been under NCLT insolvency proceedings since 2019.
How did the company's financial performance change year-over-year?: Sunil Agro Foods swung to a net profit of ₹39.71 lakhs from a loss of ₹109.43 lakhs in the previous year. However, revenue declined to ₹195.13 crores from ₹228.90 crores.
What changes occurred in the company's leadership?: Managing Director B Shantial resigned effective May 27, 2026, citing advancing age. Simultaneously, the board reappointed Pramod Kumar Jain as Whole-Time Director and CEO for a three-year term starting November 1, 2026.

Mentioned: Sunil Agro Foods · Maiyas Beverage and Foods · B Shantial · Pramod Kumar Jain

Primary source BSE · NSE

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

Story so far

All notes on SUNILAGR →

27 May 2026 · 1:37 PM IST Sunil Agro Foods swings to profit as auditor flags bad debt
today Sunil Agro Foods reports annual profit as MD resigns