Summary of Key Information:
Reporting Period (Quarter/Year): Quarter ended June 30, 2026 (Q1 FY27)
Nature of Filing / Announcement: Outcome of Board Meeting and Unaudited Financial Results
Audit Opinion:
Clean opinion - Limited Review Report states nothing has come to attention that causes belief of material misstatement
Key Financial Highlights [in ₹ Lakhs]:
Standalone Results:
Revenue from Operations: ₹87,559.52 (Q1 FY27) vs ₹85,892.93 (Q1 FY26) - 1.9% YoY increase
Total Income: ₹87,989.50 (Q1 FY27) vs ₹86,627.57 (Q1 FY26)
Net Profit: ₹5,842.70 (Q1 FY27) vs ₹3,661.38 (Q1 FY26) - 59.5% YoY increase
EPS: ₹8.10 (Q1 FY27) vs ₹6.44 (Q1 FY26)
Other Equity: ₹69,020.80
Consolidated Results:
Revenue from Operations: ₹1,04,054.81 (Q1 FY27) vs ₹1,18,824.33 (Q4 FY26) - 12.5% QoQ decrease
Total Income: ₹1,05,006.91 (Q1 FY27) vs ₹1,20,331.33 (Q4 FY26)
Net Profit: ₹4,785.33 (Q1 FY27) vs ₹7,146.43 (Q4 FY26)
EPS: ₹7.01 (Q1 FY27) vs ₹10.37 (Q4 FY26)
Other Equity: ₹77,093.91
Paid up Equity Share Capital: ₹6,846.53
Segment-wise Performance [in ₹ Lakhs]:
The Company has two reportable segments:
India Operations:
Segment Revenue: ₹99,677.95 (Q1 FY27)
Segment Results: ₹6,553.95 (Q1 FY27)
Foreign Operations:
Segment Revenue: ₹6,033.01 (Q1 FY27)
Segment Results: ₹78.71 (Q1 FY27)
Total Segment Revenue: ₹1,05,710.96 (Q1 FY27)
Less: Inter segment revenue: ₹(1,656.15)
Revenue from operations: ₹1,04,054.81
Corporate Actions:
Completed Initial Public Offering (IPO) subsequent to quarter end (October 1, 2026):
- Total issue: 1,00,03,990 equity shares of face value ₹10 each
- Issue price: ₹405 per share (including share premium of ₹395 per share)
- Employee discount: ₹38 per share
- Fresh issue: 87,69,423 equity shares aggregating ₹35,499.99 lakhs
- Offer for sale: 12,34,567 equity shares by selling shareholders aggregating ₹5,000.00 lakhs
Other Significant Information:
Fire Incident - October 8, 2026:
- Occurred at Furnace-4 of Ferro Plant located at Chikantapur, Ballari, Karnataka
- Time: approximately 01:27 AM
- Fire brought under control and extinguished
- Cause under investigation by authorities
- Assessment of damage/loss ongoing
- Assets insured, losses expected to be covered subject to policy terms
- Financial implications to be recognized upon assessment completion
Previous Fire Incident - May 27, 2024:
- Occurred at Gauribidanur plant
- Damage to Furnace (PPE) with estimated loss of ₹443.69 lakhs
- Furnace recommissioned on July 7, 2024 after overhauling
- Interim insurance settlement received: ₹52.68 lakhs (FY 2025-26)
- Balance claim under review by insurance company
- Management expects full recovery of eligible loss