Summary of Key Information:
Reporting Period (Quarter/Year): Quarter ended June 30, 2026 (Q1 FY27)
Nature of Filing / Announcement: Outcome of Board Meeting
Audit Opinion:
Clean audit opinion - Limited Review Report states: "Based on our review conducted, nothing has come to our attention that causes us to believe that the accompanying Statement... contains any material misstatement."
Key Financial Highlights [Rs. in lakh]:
Consolidated Results:
Revenue from Operations: 29,109.92 (Q1 FY27) vs 23,765.23 (Q1 FY26) - 22.5% YoY growth
Total Income: 29,618.04 (Q1 FY27) vs 24,185.78 (Q1 FY26)
Net Profit: 2,190.15 (Q1 FY27) vs 1,794.78 (Q1 FY26) - 22.0% YoY growth
EPS: 3.75 (Q1 FY27) vs 3.59 (Q1 FY26)
Standalone Results:
Revenue from Operations: 26,470.06 (Q1 FY27) vs 22,832.91 (Q1 FY26) - 15.9% YoY growth
Total Income: 27,004.57 (Q1 FY27) vs 23,260.82 (Q1 FY26)
Net Profit: 1,464.31 (Q1 FY27) vs 1,525.82 (Q1 FY26) - 4.0% YoY decline
EPS: 2.49 (Q1 FY27) vs 3.05 (Q1 FY26)
Segment-wise Performance:
The company operates in two segments:
1. Phenix Division (PEBs and complex structural steel components) - Revenue: ₹214 crore (74% of total)
2. Proflex Division (self-supported steel roofing solutions) - Revenue: ₹77 crore (26% of total)
Export revenue: ₹28 crore (10% of total revenue)
Corporate Actions:
- Recommended final dividend for FY 2025-26, subject to approval at AGM
- Record date for dividend: Thursday, September 10, 2026
- Allotment of 12,503 Equity Shares of face value Rs. 10/- each under ESOP 2024 plan
- These shares shall rank pari-passu with existing equity shares
Other Significant Information:
- Brown field Expansion Project approved: Capacity addition of 10,000 MTPA heavy structural steel over existing capacity of 12,000 TPA at Sanand Plant
- Total installed PEB capacity will increase from 72,000 MTPA to 92,000 MTPA post-commissioning
- Orders on hand stood at ₹1,053 crore, representing 25% YoY growth
- Phenix division orders: ₹837 crore (79.5% of order book)
- Proflex division orders: ₹216 crore (20.5% of order book)
- Export orders: ₹278 crore
- Capital expenditure of ₹27 crore incurred during the quarter
- Company provided facility for e-voting for AGM