Financial Results Approval

The Board approved both Standalone and Consolidated Audited Financial Results for the quarter and year ended March 31, 2026, along with Cash Flow statements and Auditor's Reports. Declarations pursuant to Regulation 33(3)(d) of SEBI (LODR) Regulations, 2015 were enclosed as Annexure-I and Annexure-II.

Dividend Recommendations

  • Preference Shares: Recommended 8% dividend (₹8.00 per share) on Cumulative Redeemable Preference Shares (face value ₹100 each) for FY26, subject to shareholder approval at the ensuing AGM.
  • Equity Shares: Recommended 20% dividend (₹2.00 per share) on equity shares (face value ₹10 each) for non-promoter shareholders for FY26, subject to shareholder approval. Promoters volunteered to waive dividend on their holdings for FY 2025-26.

Management Changes

Based on Nomination and Remuneration Committee recommendation, approved appointment of Sri. Gautam Damodar Sawang (DIN: 11219711) as Independent Director for five years effective May 25, 2026, subject to shareholder approval. Detailed profile provided in Annexure-III.

Auditor Appointments

  • Internal Auditor: Re-appointed M/s. Brahmayya & Co., Chartered Accountants as Internal Auditor under Section 138 of Companies Act, 2013 for FY 2026-27 (Annexure-IV).
  • Cost Auditor: Re-appointed M/s. Aruna Prasad & Co., Cost Accountants as Cost Auditor under Section 148 of Companies Act, 2013 for FY 2026-27 (Annexure-V).

Standalone Financial Performance (Amount in ₹ Lakhs)

Quarter Ended March 31, 2026:

  • Revenue from operations: ₹10,122
  • Other income: ₹221
  • Total income: ₹10,343
  • Total expenses: ₹9,143
  • Profit before tax: ₹1,200
  • Tax expense: ₹358 (Current tax: ₹444, Deferred tax: ₹-86)
  • Profit after tax: ₹842
  • Other comprehensive income: ₹28
  • Total comprehensive income: ₹870
  • EPS: ₹19.72 (not annualized)

Year Ended March 31, 2026:

  • Revenue from operations: ₹47,199
  • Other income: ₹1,813
  • Total income: ₹49,012
  • Total expenses: ₹45,069
  • Profit before tax: ₹3,943
  • Tax expense: ₹1,049 (Current tax: ₹869, Deferred tax: ₹180)
  • Profit after tax: ₹2,894
  • Other comprehensive income: ₹28
  • Total comprehensive income: ₹2,923
  • EPS: ₹67.82

Consolidated Financial Performance (Amount in ₹ Lakhs)

Quarter Ended March 31, 2026:

  • Revenue from operations: ₹10,452
  • Other income: ₹162
  • Total income: ₹10,614
  • Total expenses: ₹9,172
  • Profit before tax: ₹1,442
  • Tax expense: ₹361 (Current tax: ₹485, Deferred tax: ₹-124)
  • Profit after tax: ₹1,081
  • Other comprehensive income: ₹28
  • Total comprehensive income: ₹1,110
  • EPS: ₹25.34 (not annualized)

Year Ended March 31, 2026:

  • Revenue from operations: ₹48,380
  • Other income: ₹1,543
  • Total income: ₹49,923
  • Total expenses: ₹45,318
  • Profit before tax: ₹4,605
  • Tax expense: ₹1,059 (Current tax: ₹979, Deferred tax: ₹80)
  • Profit after tax: ₹3,546
  • Other comprehensive income: ₹28
  • Total comprehensive income: ₹3,574
  • EPS: ₹83.10

Key Financial Notes

1. Segment Information: Company operates in Synthetic Blended Yarn segment (Ind AS 108). Consolidated results include subsidiary Suntree Solar Energy Private Limited.

2. GST Treatment: Revenue from operations disclosed net of GST collected on sales.

3. Other Income: Includes ₹12.98 crores (₹1298 lakhs) reimbursement of interest paid on term loans in previous years under T-TAP Policy, Government of Telangana.

4. Power Charges: Include ₹8.24 crores cross subsidy/surcharge levied in power bills up to March 2026. Excludes ₹13.63 crores power incentive received in FY25-26 for power consumed in FY24-25.

5. Labour Codes: Company assessed impact of new Labour Codes on employee benefit obligations; impact not material for FY26.

6. Quarterly Figures: Figures for quarter ended March 31, 2026 are balancing figures between audited full year and published unaudited figures up to third quarter.

Balance Sheet Position (Standalone as at March 31, 2026)

  • Total assets: ₹42,389 lakhs (Previous year: ₹36,613 lakhs)
  • Total equity: ₹27,726 lakhs (Previous year: ₹24,828 lakhs)
  • Total liabilities: ₹14,663 lakhs (Previous year: ₹11,785 lakhs)

Cash Flow Statement (Standalone FY26)

  • Net cash from operating activities: ₹3,795.74 lakhs
  • Net cash used in investing activities: ₹-5,029.44 lakhs
  • Net cash from financing activities: ₹1,228.74 lakhs

Segment-wise Performance (Consolidated FY26)

  • Spinning - Yarn: Segment results ₹4,361.19 lakhs, assets ₹39,742.66 lakhs, liabilities ₹14,350.13 lakhs
  • Solar Power: Segment results ₹666.84 lakhs, assets ₹4,501.91 lakhs, liabilities ₹32.10 lakhs

Meeting Details

The Board meeting commenced at 3:45 PM and concluded at 5:25 PM on May 25, 2026.

Additional Information

All information is available on company website: www.suryalata.com

Auditor's Opinion

K.S. Rao & Co., Chartered Accountants issued unmodified audit opinions on both standalone and consolidated financial results, confirming true and fair view in accordance with applicable accounting standards and SEBI regulations.