Summary of Key Information:

Reporting Period (Quarter/Year): Quarter ended 31st March 2026 and Year ended 31st March 2026

Nature of Filing / Announcement: Outcome of Board Meeting - Regulatory Filing

Audit Opinion:

Unmodified opinion issued by Statutory Auditors M/s. Kishore & Venkat Associates, Chartered Accountants

Key Financial Highlights [All amounts in lakhs rupees]:

Standalone Results:

Quarter ended 31.03.2026 (Audited) vs Quarter ended 31.03.2025 (Audited):

  • Revenue from Operations: ₹2,565.29 (vs ₹3,836.69)
  • Other Income: ₹10.14 (vs ₹12.78)
  • Total Income: ₹2,575.43 (vs ₹3,849.47)
  • Total Expenses: ₹2,727.65 (vs ₹3,686.36)
  • Profit before tax: (₹152.22) loss (vs ₹163.11 profit)
  • Total Tax Expense: (₹48.70) (vs ₹66.58)
  • Net Profit: (₹103.52) loss (vs ₹96.52 profit)
  • EPS: (₹0.80) basic and diluted (vs ₹0.75)

Year ended 31.03.2026 (Audited) vs Year ended 31.03.2025 (Audited):

  • Revenue from Operations: ₹10,084.53 (vs ₹13,199.51)
  • Other Income: ₹28.20 (vs ₹31.59)
  • Total Income: ₹10,112.73 (vs ₹13,231.10)
  • Total Expenses: ₹10,077.22 (vs ₹12,651.39)
  • Profit before tax: ₹35.51 (vs ₹579.71)
  • Total Tax Expense: ₹17.68 (vs ₹209.15)
  • Net Profit: ₹17.83 (vs ₹370.56)
  • EPS: ₹0.14 basic and diluted (vs ₹2.87)

Balance Sheet Position (as of 31.03.2026):

  • Total Assets: ₹22,646.64 lakhs
  • Current Assets: ₹15,668.29 lakhs (including Inventories ₹3,931.01 lakhs, Trade Receivables ₹5,112.49 lakhs, Cash and Cash Equivalents ₹110.96 lakhs)
  • Total Equity: ₹13,725.49 lakhs (Equity Share Capital ₹1,292.10 lakhs, Other Equity ₹12,433.39 lakhs)
  • Total Liabilities: ₹8,921.15 lakhs

Cash Flow Statement:

  • Net Cash from Operating Activities: ₹750.33 lakhs
  • Net Cash used in Investing Activities: (₹316.00) lakhs
  • Net Cash used in Financing Activities: (₹382.02) lakhs
  • Net increase in Cash: ₹52.31 lakhs
  • Cash and Cash Equivalents at year-end: ₹72.57 lakhs

Segment-wise Performance:

The Company operates in only one segment, namely steel products, and hence segment information is not applicable.

Corporate Actions:

Not Specified

Other Significant Information:

1. New Labour Codes Impact: The Government of India consolidated 29 labour legislations into four Labour Codes effective from November 21, 2025. The Company recognized incremental cost towards employee benefits during the year ended 31 March 2026, which was not material.

2. Consolidation Status: The Company does not have any subsidiary/associate/joint venture companies and hence consolidation is not applicable.

3. Figures Reconciliation: The figures of the fourth quarter are the balancing figures between audited figures in respect of the full financial year and published year-to-date figures up to the third quarter.

4. Previous Period Figures: The figures for the previous period/year have been re-arranged wherever necessary to conform to the current period's/year's classification.