Key Board Decisions

1. Financial Results Approval

  • Approved Audited Financial Results for quarter and year ended 31st March, 2026 pursuant to Regulation 33 of SEBI LODR Regulations 2015
  • Audit reports submitted with unmodified opinions
  • Declaration to that effect enclosed

2. Cost Auditor Reappointment

  • Reappointed M/s Sashi Ranjan & Co., Cost Accountants (Firm Registration no.103830) as Cost Auditor for FY 2026-27

3. Director Appointments

  • Appointed Mr. Palash Singhania (DIN: 06724674) as Additional Director designated as Non-Executive Independent Director
  • Term: Five years effective from 28th May, 2026
  • Subject to shareholder approval

4. Management Restructuring

  • Appointed Mr. Avinash Hariharno (DIN: 11689719) from Chief Financial Officer to Additional Director designated as Whole Time Director
  • Effective from 28th May, 2026 for five years
  • Subject to shareholder approval
  • He shall cease to hold CFO position upon assuming charge as Whole-Time Director

5. New CFO Appointment

  • Appointed Mr. Rajesh Kumar Acharya as new Chief Financial Officer effective from 28th May, 2026

6. Stock Split Approval

  • Approved sub-division/split of existing 1 equity share of face value ₹10 each into 5 equity shares of face value ₹2 each
  • Subject to shareholder approval through postal ballot
  • Record date to be decided after shareholder approval

7. Memorandum Alteration

  • Approved consequential alteration of Capital Clause of Memorandum of Association
  • Subject to shareholder approval

8. Postal Ballot Process

  • Approved Postal Ballot Notice to be issued to shareholders for special business consent
  • Details to be intimated to stock exchanges in due course
  • Appointed M/s Meena Naidu & Associates Practicing Company Secretary as Scrutinizer
  • Appointed Central Depository Services (India) Limited as e-voting agency

Financial Results Summary

Quarterly Performance (Q4 FY26)

  • Revenue from operations: ₹547.63 lakhs
  • Other income: ₹42.89 lakhs
  • Total income: ₹551.92 lakhs
  • Profit before tax: ₹826.97 lakhs
  • Tax expense: ₹208.67 lakhs
  • Net profit: ₹618.30 lakhs
  • EPS (Basic & Diluted): ₹8.19

Annual Performance (FY26)

  • Revenue from operations: ₹2,029.03 lakhs
  • Other income: ₹243.54 lakhs
  • Total income: ₹2,053.38 lakhs
  • Profit before tax: ₹2,841.64 lakhs
  • Exceptional items: ₹85.90 lakhs (loss on sale of Plant & Machinery)
  • Tax expense: ₹715.73 lakhs
  • Net profit: ₹2,125.91 lakhs
  • EPS (Basic & Diluted): ₹28.18
  • Paid-up equity share capital: ₹819.92 lakhs (face value ₹10)

Comparative Figures (FY25)

  • Revenue from operations: ₹1,718.84 lakhs
  • Other income: ₹133.75 lakhs
  • Total income: ₹1,732.21 lakhs
  • Profit before tax: ₹1,984.63 lakhs
  • Tax expense: ₹471.52 lakhs
  • Net profit: ₹1,513.11 lakhs
  • EPS (Basic & Diluted): ₹21.39

Cash Flow Statement (FY26)

  • Net cash from operating activities: ₹1,352.68 lakhs
  • Net cash used in investing activities: ₹(1,680.19) lakhs
  • Net cash from financing activities: ₹142.39 lakhs
  • Net decrease in cash: ₹(185.13) lakhs
  • Cash equivalents at year-end: ₹80.05 lakhs

Additional Information

  • Meeting duration: 3:00 PM to 5:50 PM
  • Results published on company website: www.simplexcastings.com
  • Financial results prepared in accordance with Indian Accounting Standards (Ind AS)
  • Exceptional item of ₹85.90 lakhs due to loss on sale of Plant & Machinery
  • Company registered as MSME Unit (Small), Reg. No. UDYAM-CG-05-0000018