The Board of Directors of SC Agrotech Limited at their meeting held on May 29, 2026 (7:00 PM to 7:30 PM) approved the audited standalone financial results for the period ended March 31, 2026, pursuant to Regulation 30 and 33 of SEBI (LODR) Regulations, 2015.

Financial Performance (Standalone, Rs. in lakhs)

Quarter Ended March 31, 2026 (Audited):

  • Revenue from Operations: ₹8,806.04
  • Other Income: ₹0.08
  • Total Income: ₹8,806.12
  • Total Expenses: ₹8,337.51
  • Profit Before Tax: ₹468.61
  • Tax Expense: ₹134.63
  • Net Profit: ₹333.98
  • Basic EPS from Continuing Operations: ₹0.44
  • Diluted EPS from Continuing Operations: ₹0.44

Year Ended March 31, 2026 (Audited):

  • Revenue from Operations: ₹43,347.86
  • Other Income: ₹1,200.00
  • Total Income: ₹44,547.86
  • Total Expenses: ₹38,585.83
  • Profit Before Tax: ₹3,704.90
  • Tax Expense: ₹971.80
  • Net Profit: ₹2,301.10
  • Basic EPS from Continuing Operations: ₹1.25
  • Diluted EPS from Continuing Operations: ₹1.25

Comparative Figures (Quarter Ended March 31, 2025):

  • Revenue from Operations: ₹247.33
  • Total Income: ₹247.33
  • Total Expenses: ₹28.40
  • Profit Before Tax: ₹18.93
  • Tax Expense: ₹0.00
  • Net Profit: ₹18.93
  • Basic EPS: ₹(1.26)
  • Diluted EPS: ₹(1.26)

Balance Sheet Highlights (as at March 31, 2026, Rs. in lakhs)

  • Total Assets: ₹13,647.52 (Previous year: ₹3,134.00)
  • Non-Current Assets: ₹237.47
  • Current Assets: ₹13,410.35 (including Inventories: ₹2,904.87, Trade Receivables: ₹5,416.15, Loans: ₹1,479.25, Other Current Assets: ₹3,587.87)
  • Equity Share Capital: ₹759.50 (Previous year: ₹599.50)
  • Other Equity: ₹11,043.63
  • Total Equity: ₹11,803.13
  • Non-Current Liabilities: ₹7.52
  • Current Liabilities: ₹1,836.87 (including Borrowings: ₹1,010.00, Trade Payables: ₹669.58, Other Current Liabilities: ₹208.80, Provisions: ₹136.41)
  • Total Liabilities: ₹1,844.39

Cash Flow Statement (Year Ended March 31, 2026, Rs. in lakhs)

  • Net Cash from Operating Activities: ₹(12,206.16)
  • Net Cash from Investing Activities: ₹(1.30)
  • Net Cash from Financing Activities: ₹12,210.00 (including Share Application Money Receipt: ₹7,000.00, Premium: ₹4,200.00, Short-term Borrowings: ₹1,010.00)
  • Net Increase in Cash: ₹2.54
  • Closing Cash Balance: ₹22.22

Significant Events and Disclosures

Warrant Conversion: During the period, the company converted 7,00,00,000 warrants into equity shares upon receipt of ₹112,00,00,000, comprising face value and share premium of ₹6.00 per share from each subscriber.

Auditor's Qualified Opinion: MARKS & Co. Chartered Accountants issued a qualified opinion stating:

  • The company did not make available complete supporting documents, reconciliations, and statutory records relating to selected transactions including GST, TDS, related party transactions, and certain expense accounts
  • Balance confirmations for certain trade receivables, trade payables and other balances were not available for verification
  • Supporting documents such as reconciliations, agreements and detailed workings for certain balances were not fully made available
  • Unable to verify whether accounting software had audit trail feature enabled as required under Rule 11(g) of Companies (Audit and Auditors) Rules, 2014

Fund Raising and Utilization: The company submitted statements of deviation/variation for four preferential issues:

1. January 1, 2026: ₹8,87,40,000 - No deviation

2. January 1, 2026: ₹31,14,00,000 - No deviation

3. January 20, 2026: ₹4,44,00,000 - No deviation

4. February 16, 2026: ₹13,35,00,000 - No deviation

Total funds raised: ₹37,59,40,000

Monitoring Agency: Brickwork Ratings India Private Limited

Objects: Working capital requirements, fixed assets, general corporate purposes

Regulatory Compliance:

  • Company submitted declaration under Regulation 33(2)(a) confirming financial statements do not contain false/misleading statements
  • Confirmed non-applicability of Large Corporate criteria under SEBI circulars
  • Submitted statement on impact of audit qualifications

Segment Information: The business falls within a single primary segment - Trading of Agriculture Products. No reportable segments requiring separate disclosure.

Capital Structure:

  • Paid-up Equity Share Capital: ₹759.50 lakhs
  • Face Value per Equity Share: ₹10.00
  • No debt securities outstanding