Superior Industrial FY26 Results with Major OCI Loss

The Board of Directors meeting was held on Thursday, 28th May, 2026 from 04:30 P.M. to 05:30 P.M. and approved the following items:

Audited Financial Results and Standalone Financial Statements for the quarter and financial year ended 31st March, 2026
Auditor's Report on the Audited Financial Results and Standalone Financial Statements
Audited Financial Results and Consolidated Financial Statements for the quarter and financial year ended 31st March, 2026
Auditor's Report on the Audited Financial Results and Consolidated Financial Statements
Declaration of unmodified opinions issued by Statutory Auditors on both Standalone and Consolidated Financial Statements for FY ended March 31, 2026
Re-appointment of M/s. Gupta Kamal & Co. as Internal Auditors for financial year 2026-27
Re-appointment of M/s. Mahesh Singh & Company as Cost Auditors for financial year 2026-27

Internal Auditor Reappointment:

Name: Mr. Kamal Gupta (M/s. Gupta Kamal & Co.)
Date of reappointment: 28-05-2026
Term: 01 year (For FY 2026-27)
Profile: Firm of Practicing Chartered Accountants with 11 years experience in Banking, Taxation, Accounts and Finance

Cost Auditor Reappointment:

Name: M/s. Mahesh Singh & Company
Date of reappointment: 28-05-2026
Term: 01 year (For FY 2026-27)
Profile: Practicing Cost Accountants Firm with more than 16 years of experience in Cost & Management Accounting

Quarter Ended March 31, 2026:

Revenue from operations: ₹422.31
Other income: ₹16.36
Total income: ₹438.67
Total expenses: ₹376.69
Profit before tax: ₹61.98
Tax expense: ₹37.07 (Current Tax: ₹34.50, Income Tax paid for earlier year: ₹0.15, Reversed provision for tax-earlier year: ₹-)
Net Profit for the period: ₹24.91
Other comprehensive income: ₹(3,935.90) loss (Fair Valuation of Investment through OCI)
Total comprehensive income: ₹(3,897.20) loss
Basic EPS: ₹0.27
Diluted EPS: ₹0.27

Year Ended March 31, 2026:

Revenue from operations: ₹1,301.43
Other income: ₹33.67
Total income: ₹1,335.11
Total expenses: ₹1,201.94
Profit before tax: ₹133.16
Tax expense: ₹108.26 (Current Tax: ₹34.50, Income Tax paid for earlier year: ₹0.15, Reversed provision for tax-earlier year: ₹-)
Net Profit for the period: ₹24.90
Other comprehensive income: ₹(3,935.90) loss (Fair Valuation of Investment through OCI)
Total comprehensive income: ₹(3,824.79) loss
Basic EPS: ₹0.78
Diluted EPS: ₹0.78
Paid-up equity share capital: ₹138.50 lakhs (Face value ₹10 per share)
Other Equity: ₹5,558.40 lakhs

Quarter Ended March 31, 2026:

Revenue from operations: ₹970.76
Other income: ₹14.94
Total income: ₹985.70
Total expenses: ₹943.36
Profit before tax: ₹42.35
Share of net Profit/(Loss) of Associates: Not applicable
Tax expense: ₹7.35
Net Profit for the period: ₹35.00
Other comprehensive income: ₹(7,735.69) loss (Fair Valuation of Investment through OCI)
Total comprehensive income: ₹(7,729.34) loss
Profit attributable to: Owners of the Company ₹(11.95), Non-controlling interests ₹15.45
Basic EPS: ₹(0.09)
Diluted EPS: ₹(0.09)

Year Ended March 31, 2026:

Revenue from operations: ₹4,043.39
Other income: ₹57.30
Total income: ₹4,100.69
Total expenses: ₹3,884.87
Profit before tax: ₹215.83
Share of net Profit/(Loss) of Associates: Not applicable
Tax expense: ₹38.85
Net Profit for the period: ₹176.98
Other comprehensive income: ₹(7,735.69) loss (Fair Valuation of Investment through OCI)
Total comprehensive income: ₹(7,555.86) loss
Profit attributable to: Owners of the Company ₹136.47, Non-controlling interests ₹40.51
Basic EPS: ₹0.99
Diluted EPS: ₹0.99
Paid-up equity share capital: ₹138.50 lakhs (Face value ₹10 per share)

Consolidated results include Babri Polypet Private Limited (Subsidiary Company) with:

Statutory Auditors M/s. S. Jain & Co. emphasized that:

Valuation of investments has been done based on Audited Financial Statements as of March 31, 2025
Fair value for year ended March 2026 not considered as latest audited financial statements not available
Investments are in unquoted shares valued through FVTOCI

Total value of transactions: ₹31.75 lakhs

Key transactions:

Purchase of goods/services from Babri Polypet Private Limited (Subsidiary): ₹10.07 lakhs
Remuneration to Managing Director Mr. Kamal Agarwal: ₹1.60 lakhs
Remuneration to Mrs. Renu Agarwal (Wife of MD): ₹4.60 lakhs
Remuneration to Ms. Mimansha Mittal (Daughter-in-law of MD): ₹4.60 lakhs
Remuneration to Mr. Raushan Kumar Sharma (CFO): ₹6.39 lakhs
Remuneration to Ms. Muskaan Suhag (Company Secretary): ₹3.72 lakhs
Sitting fees to Independent Directors: ₹0.77 lakhs total

Financial results prepared in accordance with Section 133 of Companies Act, 2013
Deferred Tax Asset not created on carryforward of unused tax losses
Figures of previous periods/year restated/regrouped for comparability
Minority interest calculated on profit earned by subsidiary company only
Meeting commenced at 04:30 P.M. and concluded at 05:30 P.M.