Book Closure Details
- Not disclosed in the provided data.
Dividend Declaration
- Type: Final Dividend
- Amount: ₹1.00 per share
- Percentage: 10.00%
- Face Value: ₹10 per share
- Financial Year: 2025-26 (FY26)
- Subject to Shareholder Approval: Yes, at the ensuing Annual General Meeting (AGM)
- Record Date: Not disclosed
- Date of Board Meeting: 29th May, 2026
- AGM Date: Not disclosed
Board Meeting Highlights
- Approval of Audited Financial Results: The Board considered and approved the Audited Financial Statements (Standalone and Consolidated) for the Financial Year 2025-26 ended 31st March, 2026, as reviewed by the Audit Committee. The Audit Report was issued with an Unmodified Opinion.
- Approval of AGM: The Board recommended the final dividend for approval at the ensuing AGM. The AGM date and mode are not disclosed.
- Related Party Transactions Approved: Not mentioned.
- Proposed Amendments to AoA: Not mentioned.
Appointments / Reappointments
- Cost Auditor: Re-appointment of M/s. G. R. Paliwal & Company, Cost Accountants, Nagpur (FRN: 100058) as the Cost Auditors for the Financial Year 2026-27.
- Tax Auditor: Re-appointment of M/s. VTSA and Company, Chartered Accountants, Nagpur (FRN: 151632W) as the Tax Auditors for the Financial Year 2025-26.
- Director(s): Not mentioned.
- Internal Auditor: Not mentioned.
- Secretarial Auditor: Not mentioned.
Corporate Actions
- None mentioned beyond the dividend recommendation.
Key Financial Highlights
(A) Standalone Financials (in lakhs)
For the Quarter Ended March 31, 2026 (Audited)
- Total Income: ₹10,036.5
- Revenue from Operations: ₹10,006.9
- Other Income: ₹2.96
- Net Profit/(Loss) after tax: ₹339.5
- EPS (Basic and Diluted): ₹1.88
For the Year Ended March 31, 2026 (Audited)
- Total Income: ₹39,557.5
- Revenue from Operations: ₹39,393.8
- Other Income: ₹163.7
- Net Profit/(Loss) after tax: ₹2,006.6
- EPS (Basic and Diluted): ₹11.13
- Paid-up equity share capital: ₹1,802.2
YoY Comparison (Year Ended)
- Total Income increased from ₹35,520.5 lakhs (FY25) to ₹39,557.5 lakhs (FY26).
- Net Profit after tax increased from ₹1,617.5 lakhs (FY25) to ₹2,006.6 lakhs (FY26).
- EPS increased from ₹8.98 (FY25) to ₹11.13 (FY26).
(B) Consolidated Financials (in lakhs)
For the Quarter Ended March 31, 2026 (Audited)
- Total Income: ₹10,035.8
- Revenue from Operations: ₹10,006.9
- Other Income: ₹29.9
- Net Profit/(Loss) after tax attributable to owners: ₹342.7
- EPS (Basic and Diluted): ₹1.90
For the Year Ended March 31, 2026 (Audited)
- Total Income: ₹39,558.2
- Revenue from Operations: ₹39,393.8
- Other Income: ₹764.4
- Net Profit/(Loss) after tax attributable to owners: ₹2,023.5
- EPS (Basic and Diluted): ₹11.23
- Paid-up equity share capital: ₹1,802.2
YoY Comparison (Year Ended)
- Total Income increased from ₹35,521.1 lakhs (FY25) to ₹39,558.2 lakhs (FY26).
- Net Profit after tax attributable to owners increased from ₹1,520.6 lakhs (FY25) to ₹2,023.5 lakhs (FY26).
- EPS increased from ₹8.99 (FY25) to ₹11.23 (FY26).
Observations
- Exceptional Items: An exceptional loss of ₹870 lakhs was recognized in the quarter ended December 31, 2025, due to an increase in gratuity and leave liability resulting from the enactment of new labour codes.
- Other Comprehensive Income (OCI): Includes a net gain of ₹806 lakhs (post-tax) from the revaluation of Property, Plant and Equipment and a Mark-to-Market (MTM) loss of ₹29,760 lakhs for the quarter (₹9,330 lakhs for the year) on equity investments in Lloyds Metal & Energy Limited.
- Segment Reporting: The company has only one reportable segment: 'Iron & Steel Business'.
- Borrowings: Outstanding qualified borrowings were reported at ₹154.97 crores at the end of FY26, down from ₹270.20 crores at the start of the year. The company's highest credit rating is AA- by Crisil Ratings Limited.
Other Announcements
- Large Corporate Status: The company declared it is not a 'Large Corporate' as per SEBI circular criteria.
- Board Meeting Duration: The 206th Board Meeting commenced at 12:00 Hrs and concluded at 17:30 Hrs on May 29, 2026.