Epuja Spiritech FY26 loss ₹10.49cr on 78% revenue drop

Company snapshot and listing details

Epuja Spiritech Limited (BSE: 532092), formerly known as Sagar Productions Limited, reported weak performance in the latest audited results for the year ended March 31, 2026. The company’s registered address is listed as Marathon Icon, 6th Floor, Office No. 606, Off Ganpatrao Kadam Marg (city not specified in the provided data). Market data cited alongside the results put the company’s market capitalisation at ₹15.04 crore. The stock has traded at low absolute price levels, with multiple quoted closes across May and June 2026.

What the latest results disclosure said

The company published its audited standalone and consolidated financial results for the quarter and year ended March 31, 2026 in the Mumbai editions of Business Standard (English) and Tarun Bharat (Marathi) on May 12, 2026. Separately, it recorded the standalone unaudited financial results for the quarter ended December 31, 2024 under Regulation 33 of the listing regulations (as stated in the provided text). These disclosures, along with exchange filings listed later in May and June 2026, form the current public trail of updates around financials and compliance.

FY26: Revenue contraction and swing to loss

For the full year FY2026, consolidated revenue was reported at ₹1.92 crore, down 77.97% from ₹8.72 crore in FY25. The company posted a consolidated net loss of ₹10.49 crore for FY26, compared with a profit of ₹0.1546 crore (₹15.46 lakh) in the previous fiscal year. The decline was also described as being accompanied by high cost levels, with annual operating costs reported at ₹12.27 crore. With revenue at ₹1.92 crore, costs exceeded income by over six times based on the figures provided.

Q4 FY26: Sales fell sharply, losses widened

For the March 2026 quarter (Q4 FY26), consolidated net sales were reported at ₹1.58 crore, down 77.52% year-on-year from ₹7.03 crore in March 2025. Another data line in the provided text referenced Q4 FY26 revenue at ₹1.59 crore versus ₹7.06 crore in Q4 FY25, indicating slightly different rounding or reporting points across sources. Consolidated quarterly net loss for March 2026 was reported at ₹5.84 crore, compared with a profit of ₹1.16 crore in March 2025, described as a deterioration of about 604% year-on-year. EBITDA was also reported negative at ₹5.70 crore in March 2026 versus ₹1.32 crore in March 2025.

Profit trend metrics: YoY and QoQ changes

The quarterly earnings growth YoY was cited at -603.45, and the text states the company’s net profit fell -603.45% year-on-year to ₹-5.84 crore in Q4 2025-2026. On a sequential basis, the company was shown as having a -110.07% fall in net profits compared with the previous quarter. While the dataset does not provide the full calculation bridge, the direction of change aligns with the quarter ending March 2026 being a sizable loss.

Stock price and market performance references

The share price was cited at ₹1.33 “at the close of the market” (date not specified in the provided text). Another market snapshot said that as of 29 June 2026, the Epuja Spiritech share price was ₹1.2. A separate reference stated the shares closed at ₹1.77 on May 08, 2026 (BSE), and that the stock delivered returns of -51.90% over the last six months and -46.04% over the last 12 months (as referenced alongside that May 08 close). These figures collectively point to sustained price weakness around the time the results were reported.

EPS updates and what they indicate

An “advanced detailed earnings” snippet cited a latest announcement date of 08 May 2026, with EPS reported at -0.52 (estimate not provided). The same feed stated trailing twelve months (TTM) EPS at -0.93. While EPS on its own does not explain the drivers, it is consistent with the loss numbers reported for FY26 and Q4 FY26 in the consolidated financial summary provided.

Key numbers at a glance

Recent compliance and timeline markers

Beyond the financial results summary, two specific exchange-related updates were listed in the provided text. On 28 May 2026, the company disclosed “Compliances-Reg.24(A)-Annual Secretarial Compliance.” On 23 June 2026, it reported “Closure of Trading Window.” These items are typically procedural in nature, but they provide context on the company’s disclosure calendar around the results period.

Why the results matter for investors

The FY26 numbers highlight two simultaneous pressures: a steep fall in revenue and losses that are large relative to the company’s reported revenue base. The reported annual operating cost of ₹12.27 crore versus FY26 revenue of ₹1.92 crore indicates a weak cost-to-income relationship in the period covered. For investors tracking micro-cap counters, the combination of low share price references (₹1.2 to ₹1.77 in the cited snapshots) and negative earnings metrics such as TTM EPS of -0.93 often increases focus on disclosures, compliance updates, and subsequent quarterly performance for signs of stabilisation.

Conclusion

Epuja Spiritech’s FY26 results show a sharp year-on-year decline in consolidated revenue to ₹1.92 crore and a swing to a ₹10.49 crore consolidated loss, with Q4 FY26 also reporting a ₹5.84 crore loss on materially lower sales. The next set of company updates will likely be tracked alongside the compliance calendar already referenced in May and June 2026 disclosures.