Beekay Steel Industries Limited held its Board Meeting on November 13, 2026, which commenced at 1:00 PM IST and concluded at 6:00 PM IST. The Board approved the unaudited standalone and consolidated financial results for the quarter and half year ended September 30, 2026, pursuant to SEBI (LODR) Regulations, 2015 Regulations 30 and 33.

Standalone Financial Results (Rs. in lakhs)

Quarter Ended September 30, 2026:

  • Revenue from Operations: ₹41,939.50
  • Other Income: (₹685.61) [loss]
  • Total Income: ₹41,253.89
  • Total Expenses: ₹39,529.37
  • Profit Before Tax: ₹1,761.68
  • Tax Expense: ₹508.42 (Current Tax: ₹73.00, Deferred Tax: ₹435.42)
  • Profit for the Period: ₹1,253.26
  • Basic EPS: ₹6.57

Half Year Ended September 30, 2026:

  • Revenue from Operations: ₹79,410.32
  • Other Income: ₹1,710.25
  • Total Income: ₹81,120.57
  • Total Expenses: ₹74,588.51
  • Profit Before Tax: ₹6,523.42
  • Tax Expense: ₹1,440.00 (Current Tax: ₹570.00, Deferred Tax: ₹870.00)
  • Profit for the Period: ₹5,083.42
  • Basic EPS: ₹26.65

Consolidated Financial Results (Rs. in lakhs)

Quarter Ended September 30, 2026:

  • Revenue from Operations: ₹41,939.50
  • Other Income: (₹685.61) [loss]
  • Total Income: ₹41,253.89
  • Total Expenses: ₹39,529.37
  • Profit Before Tax: ₹1,715.88
  • Tax Expense: ₹508.42 (Current Tax: ₹73.00, Deferred Tax: ₹435.42)
  • Profit for the Period: ₹1,207.46
  • Share of Profit from Associate: ₹43.88
  • Total Comprehensive Income: ₹1,251.34
  • Basic EPS: ₹6.56

Half Year Ended September 30, 2026:

  • Revenue from Operations: ₹79,410.32
  • Other Income: ₹1,710.25
  • Total Income: ₹81,120.57
  • Total Expenses: ₹74,680.10
  • Profit Before Tax: ₹6,431.83
  • Tax Expense: ₹1,440.00 (Current Tax: ₹570.00, Deferred Tax: ₹870.00)
  • Profit for the Period: ₹4,991.83
  • Share of Profit from Associate: ₹66.82
  • Total Comprehensive Income: ₹5,058.65
  • Basic EPS: ₹26.52

Key Operational Highlights

  • H1 FY27 revenue grew 44.8% YoY to ₹794.10 crore
  • Operating EBITDA (excluding treasury gains/losses) for H1 FY27 increased to ₹86.77 crore from ₹39.11 crore in H1 FY26, growth of 121.92%
  • Q2 FY27 Operating EBITDA (excluding treasury gains/losses) stood at ₹44.06 crores compared with ₹42.71 crores in Q1 FY27, sequential growth of 3.2%
  • Q2 profitability impacted by unrealized treasury mark-to-market loss of ₹8.52 crore on equity investments
  • PBT (excluding treasury loss of ₹8.07 crores) for Q2 stood at ₹25.69 crores

Financial Position (Standalone as of September 30, 2026)

  • Total Assets: ₹1,66,179.34 lakhs
  • Property, Plant and Equipment: ₹65,313.09 lakhs
  • Inventories: ₹40,337.44 lakhs
  • Trade Receivables: ₹19,931.48 lakhs
  • Total Equity: ₹1,10,177.00 lakhs
  • Borrowings: ₹37,254.19 lakhs (Non-current: ₹4,250.43 lakhs, Current: ₹33,003.76 lakhs)
  • Trade Payables: ₹10,034.26 lakhs

Entities Included in Consolidation

1. Beekay Steel Industries Limited (Parent Company)

2. Beekay Utkal Steel Private Limited (Subsidiary Company)

3. AKC Engineering Limited (Associate Company)