Anmol India Q4 FY26: May 16 Board Meet for Audited Results

Why the May 16 board meeting matters

Anmol India Limited has scheduled a board meeting on May 16, 2026 to consider and approve its audited financial results for Q4 FY26 and the full financial year FY26. For investors tracking micro-cap stocks, audited numbers carry added weight because they provide an independently verified view of profitability, tax outgo, and the quality of earnings. The timing is also notable because the company has recently reported sharp quarter-on-quarter swings in profit and margins, alongside relatively thin net profit margins.

The upcoming meeting is expected to formalise the FY26 story that has been building through quarterly updates, including a strong rebound in Q3 FY26 and the latest standalone March 2026 quarter performance.

Company snapshot: coal trading and a micro-cap profile

Anmol India is described as a micro-cap company engaged in coal import and supply, and it trades in “Coal & Other items”. One report in the provided data set states the company had net sales of ₹3,142 crore and net profit of ₹16 crore as of March 2025. Separately, another FY25 data point states the company recorded ₹1,280 crore revenue in FY25.

Because these figures are presented from different summaries, readers should treat them as reported metrics from the sources cited in the material, without assuming they are directly comparable.

March 2026 quarter: sales dip, profit improves

For the March 2026 quarter (standalone), the company reported:

• Net sales of ₹308.51 crore, down 1.82% from ₹314.23 crore in March 2025.
• Net profit of ₹2.51 crore, up 56.88% from ₹1.60 crore in March 2025.

This combination of slightly lower sales but higher profit indicates that costs, pricing, mix, or below-the-line items may have supported the bottom line during the quarter. The audited Q4 and FY26 results, once approved, should provide more clarity on the components behind the reported profit growth.

Q3 FY26: revenue rebound and a sharp profit jump

For the quarter ended December 31, 2025 (Q3 FY26), multiple reported figures in the input point to a meaningful sequential recovery:

• One set of numbers reports net sales at ₹303.16 crore, with 32.80% growth versus the previous quarter.
• Another set reports total revenue at ₹305.42 crore, up 20.57% year-on-year from ₹253.32 crore, and up 32.30% from ₹230.86 crore in Q2 FY26.

On profitability, the quarter showed a large rise:

• Net profit of ₹2.94 crore.
• A separate line item states this was up 4,100% QoQ from ₹0.07 crore in Q2 FY26.
• Year-on-year, the net profit increase is stated as 673.68%, and one summary reports net income of ₹2.94 crore compared with ₹0.38 crore a year ago.

Margins and operating profit: improvement, but from a low base

The improvement in Q3 FY26 profitability was also reflected in margin data provided:

• Operating profit (excluding other income) rose to ₹5.14 crore in Q3 FY26 from ₹0.97 crore in Q2 FY26.
• Operating margin increased to 1.70% from 0.42%.
• Profit before tax (PBT) rose to ₹3.93 crore from ₹0.09 crore.
• PAT margin improved to 0.97% from 0.03%.

These figures point to stronger execution versus the previous quarter, but they also highlight how thin margins remain in percentage terms.

Earnings quality: non-operating income and tax effects

The input also flags earnings-quality considerations. In Q3 FY26, other income constituted 57.51% of PBT, indicating that more than half of pre-tax profit came from sources outside the core trading operations.

In addition, the provided data states that the rise in net profit for both the quarter and the nine-month period was largely influenced by favourable tax adjustments. For investors, this matters because one-off tax movements or non-operating gains can make quarterly profits less repeatable than improvements driven purely by operating performance.

Nine-month FY26: revenue up, PBT lower, PAT higher

For 9M FY26, the dataset includes the following:

• Revenue increased 15.42% to ₹1,108.06 crore.
• PBT declined to ₹7.20 crore from ₹9.55 crore in the comparable period.
• Net profit rose 63.08% to ₹8.79 crore from ₹5.39 crore.

The combination of lower PBT but higher net profit aligns with the note about reduced tax liability or adjustments supporting the reported bottom line.

Return metrics and net margins highlighted in the update

One section of the input states that Anmol India has a return on equity (ROE) of 9.1% and net margins of 0.7%. Thin net margins are typical in trading-linked models, but they also mean that changes in pricing, freight, sourcing costs, or working capital can quickly alter reported profitability.

Key reported figures at a glance

What to watch after the audited FY26 numbers

The May 16 board meeting outcome will be important for confirming the audited view of FY26 earnings, including the extent to which profits were supported by operating improvement versus other income and tax movements. Investors will also look for consistency between quarterly trends such as Q3’s sharp rebound and the March 2026 quarter’s pattern of lower sales but higher profit.

Once the audited results are approved, they should offer a clearer basis to assess revenue stability, margin sustainability, and the company’s reliance on non-operating income that was highlighted in the Q3 FY26 discussion.