Key Quantitative Figures
Financial Performance 2025-26 vs 2024-25 (₹ in lakhs):
- Gross Revenue from Operations: ₹35,008.87 (vs ₹30,595.44)
- Net Revenue from Operations: ₹28,566.35 (vs ₹24,388.89)
- Profit Before Interest, Depreciation and Tax (PBIDIT): ₹3,879.06 (vs ₹3,152.32)
- Profit Before Tax: ₹1,469.51 (vs ₹1,115.25)
- Profit After Tax: ₹974.79 (vs ₹590.28)
- EPS: ₹9.93 (vs ₹6.01)
- Dividend Recommended: 5% (₹0.50 per share of ₹10 face value)
- Dividend Amount: ₹49.10 lakhs
Key Balance Sheet Items as of March 31, 2026:
- Share Capital: ₹982.05 lakhs
- Reserves & Surplus: ₹19,269.71 lakhs
- Net Worth: ₹20,251.76 lakhs
- Gross Fixed Assets: ₹39,294.47 lakhs
- Debt Equity Ratio: 0.18
10-Year Financial Performance Highlights:
The document provides comprehensive 10-year financial data showing sales growth from ₹28,037.31 lakhs in 2016-17 to ₹35,008.87 lakhs in 2025-26, with PAT fluctuating between 2.42% to 8.48% of sales over this period.
Dates of Action
- AGM Date: September 22, 2026 at 11:00 AM IST
- Record Date: September 15, 2026
- Book Closure: September 16, 2026 to September 22, 2026
- E-voting Period: September 18, 2026 (9:00 AM) to September 21, 2026 (5:00 PM)
- Board Meetings Held: 5 times during FY 2025-26
Parties Involved
Board of Directors:
- Shri Saripalli Karunakar (Chairman & Managing Director)
- Shri Saripalli Kishore (Whole Time Executive Director)
- Shri Saripalli Monish (Executive Director, retiring by rotation)
- Shri Pinninti Raghu Prakash Swamy (Independent Director)
- Mrs. Sirisha Ramaraju (Independent Director)
- Mrs. Nandiniy Vijaykumar (Independent Director till May 28, 2025)
- Shri Vetukuri Venkata Ramana Raju (Independent Director from August 11, 2025)
Key Managerial Personnel:
- Shri Dinker Mishra (Company Secretary & Compliance Officer)
- Shri Veera Raghavaiah Panchagnula (CFO from May 29, 2026)
- Shri Boorugu Venkatesham (CFO till May 28, 2026)
Auditors:
- Statutory Auditor: Shri M V N Murthy, Chartered Accountant
- Secretarial Auditor: Shri V B S S Prasad, Company Secretary
- Cost Auditor: Shri Penumarthy Srinivas
- Internal Auditor: M/s Apical Business Advisory Services LLP
Bankers:
- State Bank of India
- Shinhan Bank
Business Operations and Strategy
The company manufactures pistons, piston rings, pins and circlips for automotive markets with three manufacturing plants in Telangana and Andhra Pradesh. During FY 2025-26, the company:
- Continued strengthening position in domestic and export markets
- Invested in product development including engine valves, connecting rods, compressor pistons and aluminum cylinder blocks
- Expanded aluminum High Pressure Die Casting (HPDC) capabilities
- Explored opportunities in Investment Casting for precision components
- Exported 25% of production to developed countries
Dividend and Capital Structure Impact
The Board recommended a dividend of ₹0.50 per equity share (5%) for FY 2025-26. The dividend payment will not impact capital structure as it represents distribution of profits. Share capital remained unchanged at ₹982.05 lakhs.
Corporate Governance and Compliance
Committee Composition:
- Audit Committee: 3 members
- Nomination & Remuneration Committee: 3 members
- Stakeholders Relationship Committee: 3 members
- Risk Management Committee: 3 members
- CSR Committee: 3 members
Compliance Status:
- Secretarial audit report noted one instance of non-compliance with Regulation 29(2)/29(3) of SEBI (LODR) for missing agenda item in board meeting notice
- Paid fine of ₹10,000 + GST to BSE for this violation
- Otherwise compliant with all applicable regulations
CSR Activities
- CSR expenditure: ₹32.18 lakhs (vs prescribed amount of ₹31.05 lakhs)
- Focus areas: Skill development, education support, infrastructure development in rural Andhra Pradesh
Other Material Information
- Credit Rating: CRISIL BBB+/Stable (Long term), CRISIL A2 (Short term)
- 97.89% of shares dematerialized as of March 31, 2026
- Unclaimed dividends up to FY 2017-18 transferred to IEPF
- No material orders from judicial bodies/regulators
- No fraud reported by auditors
- No significant related party transactions
Forward-looking Statements
The document contains cautionary statements about forward-looking information being subject to risks and uncertainties including raw material price fluctuations, foreign exchange changes, competition, and regulatory changes.
#Tags: #SamkrgPistons #AnnualReport #AGM2026 #SEBIDisclosure #FinancialResults #Dividend #CorporateGovernance #Neutral