Summary of Key Information:

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

Nature of Filing / Announcement: Revised Outcome of Board Meeting and Audited Financial Results

Date of Board Meeting / Approval: 30th May, 2026 (7:30 PM to 11:30 PM)

Audit Opinion: Unmodified opinion (clean)

Auditor’s Comment: An Emphasis of Matter was drawn regarding outstanding supplier and capital advances amounting to ₹6,301.92 Lakhs, which includes ₹5,995.33 Lakhs paid to three major parties. The management considers these advances fully secure and recoverable, hence no provision is deemed necessary.

Key Financial Highlights [Unit: ₹ Lakhs]

Standalone Results:

For the Year Ended 31st March 2026 (FY26):

  • Revenue from Operations: ₹10,084.53
  • Total Income: ₹10,112.73
  • Total Expenses: ₹10,077.22
  • Profit Before Tax: ₹35.51
  • Tax Expense: ₹17.68
  • Net Profit: ₹17.83
  • EPS (Basic & Diluted): ₹0.14 (Annualised)
  • Paid-up Equity Share Capital: ₹1,292.10

For the Year Ended 31st March 2025 (FY25):

  • Net Profit: ₹164.88 (as derived from PBT of ₹579.71 and Tax of ₹414.83)

For the Quarter Ended 31st March 2026 (Q4 FY26):

  • Revenue from Operations: ₹2,565.29
  • Total Income: ₹2,575.43
  • Total Expenses: ₹2,727.65
  • Profit/(Loss) Before Tax: (₹152.22)
  • Tax Expense: (₹48.70)
  • Net Profit/(Loss): (₹103.52)
  • EPS (Basic & Diluted): (₹0.80)

For the Quarter Ended 31st March 2025 (Q4 FY25):

  • Net Profit: ₹121.35

Standalone Assets and Liabilities as of 31st March 2026:

  • Total Assets: ₹22,646.64 Lakhs
  • Property, Plant and Equipment: ₹6,036.00 Lakhs
  • Inventories: ₹3,931.01 Lakhs
  • Trade Receivables: ₹5,112.49 Lakhs
  • Cash and Cash Equivalents: ₹110.96 Lakhs
  • Total Equity: ₹13,725.49 Lakhs
  • Other Equity: ₹12,433.39 Lakhs
  • Borrowings (Non-Current + Current): ₹3,835.75 Lakhs
  • Trade Payables: ₹2,281.71 Lakhs

Standalone Cash Flows for FY26:

  • 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

Segment-wise Performance:

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

Corporate Actions:

Not Specified

Other Significant Information:

  • Impact of New Labour Codes: The Government of India made the New Labour Codes effective from November 21, 2025. The Company has recognised an incremental cost towards employee benefits during FY26, which is not material.
  • Entities in Consolidation: The Company does not have any subsidiary/associate/joint venture companies; hence, consolidation is not applicable.
  • Supplier Advances: As of March 31, 2026, the Company had outstanding supplier and capital advances of ₹6,301.92 Lakhs. Advances aggregating ₹5,995.33 Lakhs were paid to three major parties for project execution. Management considers these advances fully secure and recoverable.
  • The figures for the previous period/year have been re-arranged wherever necessary to conform to the current period's/year's classification.