Key Financial Figures - Standalone (₹ in Lacs)

Quarterly Performance:

  • Q4 FY26 Revenue from operations: ₹9,889.72
  • Q4 FY26 Total Revenue: ₹9,950.60
  • Q4 FY26 Profit before tax: ₹1,008.82
  • Q4 FY26 Net profit: ₹701.42
  • Q4 FY26 EPS (Basic & Diluted): ₹6.15

Annual Performance FY26:

  • Revenue from operations: ₹30,378.67 (FY25: ₹32,637.27)
  • Total Revenue: ₹30,500.39 (FY25: ₹32,690.27)
  • Profit before tax: ₹2,429.48 (FY25: ₹2,762.08)
  • Net profit: ₹1,884.79 (FY25: ₹2,143.39)
  • EPS (Basic & Diluted): ₹16.53 (FY25: ₹18.80)

Expense Breakdown FY26:

  • Cost of materials consumed: ₹20,403.46
  • Manufacturing & operating costs: ₹3,844.61
  • Employee benefits: ₹1,947.76
  • Finance costs: ₹99.04
  • Depreciation: ₹708.09
  • Other expenditure: ₹470.92

Tax Expenses FY26:

  • Current tax: ₹556.50
  • Deferred tax: ₹(12.03)
  • Income tax of earlier year: ₹0.22
  • Total tax expenses: ₹544.69

Cash Flow Statement - Standalone (₹ in Lacs)

  • Net cash inflow from operating activities: ₹3,951.46
  • Net cash outflow from investing activities: ₹(3,032.43)
  • Net cash outflow from financing activities: ₹(1,818.88)
  • Net cash flow during the year: ₹(899.85)
  • Cash and cash equivalents at year-end: ₹549.34

Balance Sheet - Standalone (₹ in Lacs)

Assets as at March 31, 2026:

  • Total assets: ₹18,683.72
  • Non-current assets: ₹7,854.15 (Property, plant & equipment: ₹6,457.80)
  • Current assets: ₹10,829.57 (Inventories: ₹4,587.75; Trade receivables: ₹1,067.20; Cash & cash equivalents: ₹549.34)

Equity and Liabilities as at March 31, 2026:

  • Equity share capital: ₹1,140.00
  • Other equity: ₹15,456.97
  • Total equity: ₹16,596.97
  • Non-current liabilities: ₹831.66
  • Current liabilities: ₹1,255.09

Consolidated Financial Results (₹ in Lacs)

Annual Performance FY26:

  • Revenue from operations: ₹30,378.67
  • Total Revenue: ₹30,488.10
  • Profit before tax: ₹2,416.43
  • Net profit: ₹1,871.74
  • EPS (Basic & Diluted): ₹16.42

Key Developments and Notes

1. The financial results were reviewed by the Audit Committee and approved by the Board of Directors at their meeting held on May 26, 2026.

2. The Company operates in one reportable segment - finished product from Iron Ore, and captively consumes all power generated through its power plant.

3. The Board recommended a final dividend of ₹2.25 per equity share (face value ₹10 each) for FY26, subject to shareholder approval at the Annual General Meeting.

4. The Government of India notified Labour Codes effective November 21, 2025. The Company revised employee compensation structure effective April 1, 2026. Impact on gratuity liability will be reflected prospectively in subsequent periods.

5. The subsidiary Suraj Iron & Steel Manufacturers -L.L.C-S.P.C (wholly owned foreign subsidiary) has not started operations and generated no revenue during FY26. The subsidiary reported net loss of ₹13.05 lacs for the year.

Auditor Reports

  • Statutory auditors M/S GARV & ASSOCIATES (Firm Registration No: 301094E) issued unmodified audit reports for both standalone and consolidated financial results.
  • The audit was conducted in accordance with Standards on Auditing specified under section 143(10) of Companies Act, 2013.

Dates and Approvals

  • Board meeting date: May 26, 2026
  • Financial period: Quarter and year ended March 31, 2026
  • Results approved by Board of Directors and reviewed by Audit Committee