Submission of News Paper publication for Audited Financial Result for the Quarter and Year ended on March 31, 2026
Announcement under Regulation 30 of SEBI (LODR) Regulation 2015- Statement of Deviation or Variation(s) in the proceeds of Equity share/Warrants under Regulation 32 of SEB (LODR) Regulation 2015 for the Quarter ended March 31,2026
Intimation under Regulation 30 of SEBI (LODR) Regulation 2015 inter alia availing Term Loan from Axis Finance Bank Limited
Intimation under Regulation 30 of SEBI (LODR) Regulation, 2015 for appointment of Cost auditor of the company
Appointment of M/s NRPS & Associates LLP, Chartered Accountant as an Internal Auditor of the Company
Intimation under Regulation 30 of SEBI (LODR) Regulation, 2015 for Change in Registered Office of the Company within local limits of the same city
Outcome of Board Meeting held on May 29, 2026
Submission of Audited Standalone Financial Statement for the Quarter and the Financial Year ended on 31.03.2026
Annual Secretarial Compliance Report for the Financial Year ended March 31, 2026, issued by Kamlesh M Shah & Co, Practicing Company Secretary
Sal Steel Informed the BSE that Meeting of Board of Directors of the Company is scheduled to be held on 29.05.2026, inter alia to Consider and approve Audited Standalone Financial Result of the Company for the Quarter and Financial Year ended on March 31, 2026
| Particulars | Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue from Operations | 106.52 | 153.24 | 157.00 | 126.94 | 139.46 | 110.70 | 123.48 | 193.56 | 116.38 | 65.73 | 2.20 | 11.93 |
| YOY Revenue Growth % | -42.51% | 29.11% | 17.18% | -7.03% | 30.92% | -27.76% | -21.35% | 52.48% | -16.55% | -40.62% | -98.22% | -93.84% |
| Other Income | 5.79 | 0.40 | 0.00 | 2.59 | 0.00 | 0.01 | 0.04 | 0.26 | 0.56 | 0.00 | 0.00 | 0.04 |
| Total Income | 112.31 | 153.64 | 157.00 | 129.53 | 139.46 | 110.71 | 123.52 | 193.82 | 116.94 | 65.73 | 2.20 | 11.97 |
| Total Expenses + | 112.21 | 153.52 | 156.83 | 132.86 | 135.79 | 110.51 | 123.42 | 189.18 | 125.03 | 60.60 | 10.60 | 12.24 |
| Cost of Materials Consumed | 79.43 | 111.03 | 119.14 | 98.68 | 113.96 | 95.92 | 102.94 | 167.38 | 101.50 | 58.46 | 0.00 | 34.71 |
| Employee Benefit Expense | 4.69 | 3.40 | 4.33 | 4.03 | 2.26 | 3.32 | 2.90 | 2.89 | 2.99 | 2.99 | 0.33 | 0.37 |
| Other Expenses | 23.57 | 30.40 | 25.69 | 22.44 | 17.41 | 18.06 | 12.00 | 19.11 | 9.67 | 11.33 | 0.76 | 3.23 |
| Operating Profit | -5.69 | -0.28 | 0.17 | -5.92 | 3.67 | 0.19 | 0.06 | 4.38 | -8.65 | 5.13 | -8.40 | -0.31 |
| OPM % | -5.3% | -0.2% | 0.1% | -4.7% | 2.6% | 0.2% | 0% | 2.3% | -7.4% | 7.8% | -381.8% | -2.6% |
| Profit Before Tax + | 0.10 | 0.12 | 0.17 | -3.33 | 3.67 | 0.20 | 0.10 | 0.48 | -8.09 | 5.13 | 7.69 | -0.27 |
| Tax Expense | 0.22 | 0.02 | 0.03 | -0.85 | 0.97 | 0.04 | 0.04 | 1.16 | -2.12 | 1.40 | 1.07 | 0.75 |
| Tax % | 220% | 16.7% | 17.6% | - | 26.4% | 20% | 40% | 241.7% | - | 27.3% | 13.9% | - |
| Profit After Tax | -0.12 | 0.10 | 0.14 | -2.48 | 2.70 | 0.16 | 0.06 | -0.68 | -5.97 | 3.73 | 6.62 | -1.02 |
| EPS (Basic) | -0.01 | 0.01 | 0.02 | -0.29 | 0.32 | 0.02 | 0.01 | -0.08 | -0.70 | 0.44 | 0.68 | -0.07 |
| Particulars | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 |
|---|---|---|---|---|---|---|---|
| Revenue from Operations | 207.40 | 544.12 | 576.64 | 495.73 | 505.27 | 300.91 | 407.84 |
| YOY Revenue Growth % | -61.88% | -5.64% | 16.32% | -1.89% | 67.91% | -26.22% | - |
| Other Income | 0.17 | 0.87 | 1.58 | 14.40 | 29.26 | 21.96 | 44.30 |
| Total Income | 207.57 | 544.99 | 578.22 | 510.13 | 534.53 | 322.87 | 452.14 |
| Total Expenses + | 224.05 | 548.14 | 577.58 | 504.61 | 518.28 | 310.45 | 417.61 |
| Cost of Materials Consumed | 198.89 | 467.74 | 442.81 | 375.91 | 378.78 | 212.81 | 317.96 |
| Employee Benefit Expense | 7.00 | 12.10 | 14.02 | 18.73 | 17.11 | 15.40 | 10.09 |
| Other Expenses | 28.94 | 58.34 | 94.52 | 96.06 | 116.33 | 77.20 | 89.56 |
| Operating Profit | -16.65 | -4.02 | -0.94 | -8.88 | -13.01 | -9.54 | -9.77 |
| OPM % | -8% | -0.7% | -0.2% | -1.8% | -2.6% | -3.2% | -2.4% |
| Profit Before Exceptional | -16.48 | -3.15 | 0.64 | 5.52 | 16.25 | 12.42 | 17.07 |
| Exceptional Items | 16.09 | -4.16 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Profit Before Tax + | -0.39 | -7.31 | 0.64 | 5.52 | 16.25 | 12.42 | 17.07 |
| Tax Expense | -0.04 | -0.88 | 0.17 | 1.98 | 4.70 | 0.86 | 1.19 |
| Tax % | - | - | 26.6% | 35.9% | 28.9% | 6.9% | 7% |
| Profit After Tax | -0.35 | -6.43 | 0.47 | 3.54 | 11.55 | 11.56 | 15.88 |
| EPS (Basic) | -0.04 | -0.76 | 0.06 | 0.42 | 1.36 | 1.36 | 1.87 |
| Particulars | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 |
|---|---|---|---|---|---|---|---|
| ASSETS | |||||||
| Non-Current Assets + | 327.20 | 154.39 | 147.39 | 142.78 | 156.27 | 164.37 | 0.00 |
| Property, Plant & Equipment | 141.70 | 150.52 | 142.48 | 136.28 | 145.82 | 154.91 | 0.00 |
| Capital Work in Progress | 173.77 | 1.01 | 1.01 | 3.19 | 1.01 | 1.01 | 0.00 |
| Non-Current Investments | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Goodwill | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Other Intangible Assets | 0.06 | 0.06 | 0.06 | 0.06 | 0.06 | 0.06 | 0.00 |
| Current Assets + | 294.27 | 184.06 | 136.50 | 133.96 | 134.49 | 130.90 | 0.00 |
| Inventories | 233.43 | 99.95 | 49.51 | 58.67 | 48.67 | 32.17 | 0.00 |
| Trade Receivables | 1.71 | 67.81 | 66.25 | 69.93 | 54.91 | 85.89 | 0.00 |
| Cash and Cash Equivalents | 0.47 | 0.19 | 0.21 | 0.22 | 0.99 | 0.87 | 0.00 |
| Current Investments | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| LIABILITIES & EQUITY | |||||||
| Total Equity | 146.62 | 38.73 | 42.03 | 41.53 | 37.84 | 26.17 | 0.00 |
| Equity Share Capital | 144.77 | 84.97 | 84.97 | 84.97 | 84.97 | 84.97 | 0.00 |
| Other Equity | 1.85 | -46.24 | -42.94 | -43.44 | -47.13 | -58.80 | 0.00 |
| Non-Current Liabilities | 347.55 | 143.79 | 145.62 | 145.68 | 22.28 | 145.87 | 0.00 |
| Current Liabilities | 127.30 | 155.93 | 96.24 | 89.53 | 230.64 | 123.23 | 0.00 |
| Total Liabilities | 474.85 | 299.72 | 241.86 | 235.21 | 252.92 | 269.10 | 0.00 |
| Particulars | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 |
|---|---|---|---|---|---|---|---|
| Cash from Operating Activities | -84.31 | -20.68 | 26.22 | 8.36 | 22.36 | 23.50 | 0.00 |
| Cash from Investing Activities | -174.75 | -18.20 | -13.46 | -2.12 | 0.08 | -0.83 | 0.00 |
| Cash from Financing Activities | 259.36 | 38.86 | -12.73 | -6.98 | -22.12 | -21.96 | 0.00 |
| Net Increase/Decrease in Cash | 0.30 | -0.02 | 0.03 | -0.74 | 0.32 | 0.71 | 0.00 |