Trial Run for Hot Charging of Mild Steel (MS) Billets for Manufacturing MS TMT Rebars
Transcript of the Earning Call related to the Audited Financial Results for the Quarter and Financial Year ended March 31, 2026
Audio recording of the Earnings Conference Call related to the Audited Financial Results for the quarter and Financial Year ended March 31, 2026
Revised presentation on Audited Financial Results for quarter and financial year ended March 31, 2026
Revised presentation on Audited Financial Results for quarter and financial year ended March 31, 2026
Presentation to Analysts on Audited Financial Results of the Company for the Quarter and Financial Year ended March 31, 2026
Audited Standalone financial results for quarter and financial year ended March 31, 2026
Press Release/Media Release on the Audited Financial Results for the quarter and year ended March 31, 2026
Intimation of Earnings Conference Call on Financial Results for the fourth quarter and financial year ended March 31, 2026
Audited Standalone Financial Results for the quarter and Financial Year ended March 31, 2026
| Particulars | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue from Operations | 146.56 | 126.70 | 101.22 | 118.35 | 127.73 | 121.43 | 104.43 | 149.57 | 155.29 | 156.30 | 160.02 | 244.44 |
| YOY Revenue Growth % | -23.58% | -35.09% | -41.43% | -29.03% | -12.85% | -4.16% | 3.17% | 26.38% | 21.58% | 28.72% | 53.24% | 63.43% |
| Other Income | 2.39 | 0.84 | 0.06 | 0.17 | 0.09 | 0.42 | 1.62 | 0.16 | 0.11 | 0.14 | 0.07 | 0.12 |
| Total Income | 148.95 | 127.54 | 101.28 | 118.52 | 127.82 | 121.84 | 106.04 | 149.73 | 155.40 | 156.44 | 160.09 | 244.57 |
| Total Expenses + | 147.16 | 126.72 | 100.49 | 118.15 | 125.13 | 119.62 | 105.52 | 145.93 | 153.52 | 154.81 | 158.18 | 237.12 |
| Cost of Materials Consumed | 110.60 | 90.44 | 68.66 | 96.08 | 99.77 | 90.60 | 87.13 | 120.79 | 128.80 | 126.61 | 118.00 | 210.82 |
| Employee Benefit Expense | 2.12 | 2.41 | 2.16 | 2.83 | 3.09 | 3.06 | 2.65 | 3.28 | 3.71 | 3.97 | 3.94 | 4.64 |
| Other Expenses | 25.20 | 24.53 | 19.98 | 17.73 | 23.18 | 24.72 | 17.50 | 25.77 | 20.62 | 27.35 | 23.67 | 27.19 |
| Operating Profit | -0.60 | -0.02 | 0.73 | 0.20 | 2.60 | 1.81 | -1.09 | 3.64 | 1.78 | 1.49 | 1.83 | 7.32 |
| OPM % | -0.4% | -0% | 0.7% | 0.2% | 2% | 1.5% | -1% | 2.4% | 1.1% | 1% | 1.1% | 3% |
| Profit Before Tax + | 1.79 | 0.82 | 0.79 | 20.20 | 2.69 | 6.94 | 0.53 | 3.80 | 1.89 | 1.63 | 1.91 | 7.45 |
| Tax Expense | 0.00 | 0.00 | 0.00 | 0.07 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Tax % | 0% | 0% | 0% | 0.4% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Profit After Tax | 1.79 | 0.82 | 0.79 | 20.13 | 2.69 | 6.94 | 0.53 | 3.80 | 1.89 | 1.63 | 1.91 | 7.45 |
| EPS (Basic) | 0.57 | 0.26 | 0.25 | 2.37 | 0.32 | 0.82 | 0.06 | 0.44 | 0.22 | 0.19 | 0.22 | 1.72 |
| Particulars | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 |
|---|---|---|---|---|---|---|
| Revenue from Operations | 716.05 | 503.15 | 492.83 | 726.55 | 542.52 | 389.22 |
| YOY Revenue Growth % | 42.31% | 2.1% | -32.17% | 33.92% | 39.39% | - |
| Other Income | 0.44 | 2.28 | 3.46 | 1.02 | 3.29 | 48.25 |
| Total Income | 716.49 | 505.43 | 496.28 | 727.57 | 545.81 | 437.47 |
| Total Expenses + | 703.63 | 496.19 | 492.51 | 715.32 | 541.18 | 437.82 |
| Cost of Materials Consumed | 584.24 | 398.29 | 365.78 | 609.54 | 451.40 | 366.02 |
| Employee Benefit Expense | 16.27 | 12.08 | 9.51 | 6.81 | 6.13 | 5.22 |
| Other Expenses | 98.83 | 91.17 | 87.45 | 100.37 | 58.50 | 42.66 |
| Operating Profit | 12.42 | 6.96 | 0.31 | 11.23 | 1.33 | -48.61 |
| OPM % | 1.7% | 1.4% | 0.1% | 1.5% | 0.2% | -12.5% |
| Profit Before Exceptional | 12.86 | 9.24 | 3.77 | 12.25 | 4.62 | -0.36 |
| Exceptional Items | 0.00 | 4.71 | 19.84 | 0.00 | -41.11 | 0.00 |
| Profit Before Tax + | 12.86 | 13.95 | 23.61 | 12.25 | -36.49 | -0.36 |
| Tax Expense | 0.00 | 0.00 | 0.07 | 0.25 | 0.00 | 0.00 |
| Tax % | 0% | 0% | 0.3% | 2% | - | - |
| Profit After Tax | 12.86 | 13.95 | 23.53 | 12.00 | -36.49 | -0.36 |
| EPS (Basic) | 2.98 | 1.62 | 2.77 | 27.86 | -11.65 | -0.11 |
| Particulars | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 |
|---|---|---|---|---|---|---|
| ASSETS | ||||||
| Non-Current Assets + | 182.58 | 168.36 | 147.88 | 143.75 | 144.62 | 289.59 |
| Property, Plant & Equipment | 98.41 | 83.38 | 70.35 | 65.91 | 67.37 | 208.02 |
| Capital Work in Progress | 4.93 | 6.27 | 0.00 | 0.00 | 0.00 | 0.00 |
| Non-Current Investments | 0.39 | 0.11 | 0.11 | 0.16 | 0.16 | 0.16 |
| Goodwill | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Other Intangible Assets | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Current Assets + | 144.61 | 97.07 | 71.63 | 60.89 | 51.69 | 53.55 |
| Inventories | 55.93 | 50.09 | 29.59 | 35.07 | 24.99 | 10.64 |
| Trade Receivables | 56.54 | 24.77 | 16.26 | 8.09 | 6.80 | 18.73 |
| Cash and Cash Equivalents | 2.26 | 1.29 | 6.50 | 1.22 | 1.31 | 2.64 |
| Current Investments | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| LIABILITIES & EQUITY | ||||||
| Total Equity | 149.89 | 137.02 | 123.07 | -23.91 | -179.73 | -394.39 |
| Equity Share Capital | 95.26 | 86.36 | 95.46 | 76.50 | 76.50 | 76.50 |
| Other Equity | 54.63 | 50.66 | 27.61 | -100.41 | -256.24 | -470.90 |
| Non-Current Liabilities | 37.97 | 7.16 | 22.83 | 93.01 | 209.46 | 470.75 |
| Current Liabilities | 139.33 | 121.23 | 73.60 | 135.53 | 166.58 | 266.79 |
| Total Liabilities | 177.30 | 128.40 | 96.43 | 228.54 | 376.04 | 737.54 |
| Particulars | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 |
|---|---|---|---|---|---|---|
| Cash from Operating Activities | -1.49 | -11.06 | 24.15 | 105.33 | -11.75 | 5.82 |
| Cash from Investing Activities | -21.98 | -26.60 | -10.17 | -5.84 | 128.04 | 1.08 |
| Cash from Financing Activities | 24.44 | 32.45 | -8.70 | -99.58 | -117.63 | -7.21 |
| Net Increase/Decrease in Cash | 0.97 | -5.21 | 5.28 | -0.09 | -1.33 | -0.30 |