Simplex Castings Q1 PAT Rises 45% YoY

The meeting of the Board of Directors was held on 14th August 2026. It commenced at 2:00 PM and concluded at 2:30 PM.

Approved the unaudited financial results for the quarter ended 30th June 2026, pursuant to Regulation 33 of SEBI LODR Regulations 2015.
The results were reviewed by the Audit Committee and include a Limited Review Report by the Statutory Auditors.
Financial Highlights (Amount in ₹ Lakhs):
Revenue from operations: Q1 FY27: 6,094.69 | Q4 FY26: 5,476.28 | Q1 FY26: 4,519.73 | FY26: 20,290.29
Other Income: Q1 FY27: 5.36 | Q4 FY26: 42.89 | Q1 FY26: 4.57 | FY26: 243.54
Total Income: Q1 FY27: 6,100.05 | Q4 FY26: 5,519.17 | Q1 FY26: 4,524.30 | FY26: 20,533.83
Profit before tax: Q1 FY27: 916.46 | Q4 FY26: 826.97 | Q1 FY26: 633.08 | FY26: 2,841.64
Tax expense: Q1 FY27: 230.65 (Current: 137.94, Deferred: 92.71) | Q4 FY26: 208.67 | Q1 FY26: 159.33 | FY26: 715.73
Net profit: Q1 FY27: 685.80 | Q4 FY26: 618.30 | Q1 FY26: 473.75 | FY26: 2,125.91
Earnings per share (face value ₹2): Basic & Diluted: Q1 FY27: ₹1.67 | Q4 FY26: ₹1.64 | Q1 FY26: ₹1.34 | FY26: ₹5.64
Paid-up equity share capital: 819.92 lakh (₹2 face value)

Appointed Mr. Chandra Shekhar Sahu (Membership No: A80899) as Company Secretary and Compliance Officer of the company with effect from 14th August 2026.
Mr. Sahu is an Associate Member of ICSI and holds an LLB degree. He completed a 21-month articleship with experience in ROC filings and regulatory processes.

The 46th Annual General Meeting (AGM) is scheduled to be held on 16th September 2026 at 3:00 PM through Video Conferencing.

Appointed M/s Meena Naidu & Associates, Practicing Company Secretary, Bhilai, as Scrutinizer for the e-voting process in the upcoming AGM.

Approved the appointment of M/s M D N & Associates, Chartered Accountants, Bhilai (FRN: 017665C) to fill the casual vacancy caused by the resignation of M/s Harsh Jain & Associates, Chartered Accountants.
The board recommended to shareholders for approval the appointment of M/s M D N & Associates as Statutory Auditors for a period of five consecutive years, from the conclusion of the ensuing AGM (2026) until the conclusion of the AGM in 2031.
Profile: M/s M D N & Associates is a professionally managed CA firm established in 2012, led by three partners with experience across accounting, auditing, taxation, and compliance services.

Appointed M/s Nistha Agrawal & Co, Chartered Accountants, Raipur (FRN: 018418C) as Internal Auditor of the company for FY 2026-27.
Profile: The firm specializes in internal audit, financial compliance, GST, TDS, and taxation, with experience auditing Chhattisgarh government corporations.

Submitted Statement on deviation/variation in utilization of funds raised through preferential issues for the quarter ended 30th June 2026.
Funds Raised:
28.03.2026: ₹20.75 crore through allotment of 4,20,043 equity shares
31.03.2026: ₹0.25 crore through allotment of 5,061 equity shares
Total: ₹21.00 crore against allotment of 4,25,104 equity shares
Purpose: Working capital requirement for casted Railway Bogies and long-term Power Sector Fabrication Work.
Status: No deviation/variation in the use of funds. The entire ₹21.00 crore has been fully utilized for the intended purpose.
The Audit Committee and auditors have no comments on the fund utilization.

The financial results have been prepared in accordance with Indian Accounting Standards (Ind AS).
During the quarter, the board approved a sub-division of equity shares from face value of ₹10 to ₹2 each, effective 28th May 2026. All comparative figures and EPS have been adjusted retrospectively for this change.
The results are available on the company website www.simplexcastings.com and on the BSE website.