Board Meeting Details

The Board Meeting commenced at 11:00 a.m. and concluded at 11:40 a.m. on August 4, 2026.

Key Items Approved

1. Unaudited Financial Results for Q1 FY2027: The Board approved the unaudited financial results for the quarter ended June 30, 2026. The results were subject to limited review by the company's statutory auditors, M/s. K.C. Mehta & Co., LLP.

2. Related Party Transaction: The Board approved a transaction with M/s. Metal Perforation Private Limited for the lease of land. The transaction was approved by both the Audit Committee and Board of Directors, and is to be conducted at arm's length basis.

Financial Results Highlights (Quarter ended June 30, 2026)

  • Revenue from Operations: ₹384.23 lakh (compared to ₹208.39 lakh in Q1 FY2026)
  • Other Income: ₹12.91 lakh (compared to ₹11.37 lakh in Q1 FY2026)
  • Total Income: ₹397.14 lakh (compared to ₹219.75 lakh in Q1 FY2026)
  • Total Expenses: ₹364.62 lakh (compared to ₹215.51 lakh in Q1 FY2026)
  • Profit Before Tax: ₹32.52 lakh (compared to ₹4.25 lakh in Q1 FY2026)
  • Tax Expenses:
  • Current Tax: ₹2.74 lakh
  • Deferred Tax: ₹3.81 lakh
  • Profit for the Period: ₹25.97 lakh (compared to ₹4.11 lakh in Q1 FY2026)
  • Other Comprehensive Income (net of tax): ₹1.50 lakh
  • Total Comprehensive Income: ₹27.47 lakh (compared to ₹4.56 lakh in Q1 FY2026)
  • Earnings Per Share (EPS):
  • Basic EPS: ₹0.57 (compared to ₹0.09 in Q1 FY2026)
  • Diluted EPS: ₹0.57 (compared to ₹0.09 in Q1 FY2026)
  • Paid-up Equity Share Capital: ₹454.22 lakh (unchanged from previous periods)

Comparative Figures

  • Previous Quarter (Q4 FY2026): Revenue ₹838.59 lakh, Net Profit ₹67.84 lakh, EPS ₹1.49
  • Full Year FY2026: Revenue ₹1,906.56 lakh, Net Profit ₹134.51 lakh, EPS ₹2.96

Auditor's Review

M/s. K.C. Mehta & Co. LLP conducted a limited review of the unaudited financial results and issued a report dated August 4, 2026. Based on their review, nothing came to their attention that causes them to believe that the statement contains any material misstatement.

Additional Information

  • The company operates in a single business segment: "manufacturer and remanufacturer of centreless grinding machines and its spare parts"
  • Figures for previous periods have been regrouped/rearranged wherever necessary to make them comparable
  • The information will be hosted on the company's website: www.smtgrinders.com