Submission of Revised Outcome of Board Meeting held on May 30, 2026- Correction of Clerical Error in Consolidated Independent Auditor's Report
Submission of Copy of News Paper Advertisement for Publication of Audited Financial Results of the Company for quarter ended March 31, 2026.
Appointment of Internal Auditor of the Company for Financial Year 2026-27
Submission of Audited Standalone and Consolidated Financial Result for the quarter and Finacial year ended on march 31, 2026.
Pursuant to Regulation 30 and 33 of SEBI (Listing Obligations & Disclosure Requirements), Regulations, 2015, we are pleased to inform that the Board of Directors of the company in their meeting held today have considered and taken on record the audited Standalone and Consolidated Financial Results for the quarter and Financial Year ended on 31.03.2026 duly reviewed by the Audit Committee. We enclose the same in the prescribed form duly signed along with the Audit Report and othe Business items as given in Outcome of Board meeting.
Submission of Annual Secretarial Compliance Report for the Financial Year ended on 31st March, 2026
Audited Standalone and Consolidated Financial Results of the Company for the Quarter and Financial Year ended on 31st March, 2026 and to transact other businesses.
Format of Initial Disclosure to be made by an entity identified as a Large Corporate. Sr. No. Particulars Details 1Name of CompanyShah Alloys Ltd 2CIN NO.L27100GJ1990PLC014698 3 Outstanding borrowing of company as on 31st March / 31st December, as applicable (in Rs cr) 0.00 4Highest Credit Rating during the previous FY NA 4aName of the Credit Rating Agency issuing the Credit Rating mentioned in (4)Not Applicable 5Name of Stock Exchange# in which the fine shall be paid, in case of shortfall in the required borrowing under the frameworkBSE We confirm that we are a Large Corporate as per the applicability criteria given under the SEBI circular SEBI/HO/DDHS/CIR/P/2018/144 dated November 26, 2018. No Name of the Company Secretary: Narayanlal Fatelal Shah Designation: Company Secretary and Compliance Officer EmailId: cs@shahalloys.com Name of the Chief Financial Officer: Ashok Sharma Designation: Whole Time Director and CFO EmailId: ashok.sharma@shahalloys.com Date: 30/04/2026 Note: In terms para of 3.2(ii) of the circular, beginning F.Y 2022, in the event of shortfall in the mandatory borrowing through debt securities, a fine of 0.2% of the shortfall shall be levied by Stock Exchanges at the end of the two-year block period. Therefore, an entity identified as LC shall provide, in its initial disclosure for a financial year, the name of Stock Exchange to which it would pay the fine in case of shortfall in the mandatory borrowing through debt markets.
Submission of Certificate received from Bigshare Services Pvt Ltd, RTA of the company under Regulation 74(5) of the SEBI (DP) Regulations, 2018 for the quarter ended 31st March, 2026.
Trading Window shall remain closed From April 01, 2026 till 48 hours after announcement/declartion of Financcial Results for Fourth Quarter and Financial Year ending on 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 | 141.97 | 179.72 | 142.82 | 127.87 | 118.55 | 66.31 | 51.90 | 29.76 | 23.64 | 2.96 | 10.29 | 0.38 |
| YOY Revenue Growth % | -24.23% | 34.91% | -7.05% | -15.89% | -16.5% | -63.1% | -63.66% | -76.73% | -80.06% | -95.54% | -80.17% | -98.72% |
| Other Income | 24.46 | 2.47 | 25.89 | 0.54 | 0.00 | 21.80 | 0.10 | 0.61 | 0.00 | 23.35 | 0.29 | 1.87 |
| Total Income | 166.43 | 182.19 | 168.71 | 128.41 | 118.55 | 88.11 | 52.00 | 30.37 | 23.64 | 26.31 | 10.58 | 2.25 |
| Total Expenses + | 158.80 | 180.20 | 154.93 | 139.95 | 128.76 | 74.80 | 67.89 | 50.56 | 27.25 | 6.55 | 19.72 | 3.43 |
| Cost of Materials Consumed | 102.12 | 129.23 | 100.02 | 92.52 | 76.41 | 43.05 | 9.88 | 17.87 | 12.78 | 2.11 | 0.00 | 0.00 |
| Employee Benefit Expense | 6.47 | 5.84 | 5.31 | 4.29 | 4.87 | 4.38 | 2.54 | 2.97 | 1.80 | 0.91 | 0.30 | 0.26 |
| Other Expenses | 42.96 | 41.70 | 38.25 | 45.70 | 31.28 | 19.21 | 20.28 | 28.55 | 6.73 | 0.41 | 16.69 | 1.14 |
| Operating Profit | -16.83 | -0.48 | -12.11 | -12.08 | -10.21 | -8.49 | -15.99 | -20.80 | -3.61 | -3.59 | -9.43 | -3.05 |
| OPM % | -11.9% | -0.3% | -8.5% | -9.4% | -8.6% | -12.8% | -30.8% | -69.9% | -15.3% | -121.3% | -91.6% | -802.6% |
| Profit Before Tax + | 7.63 | 1.99 | -1.82 | -5.45 | -10.21 | 13.31 | -15.89 | -20.19 | -3.61 | 36.68 | 58.32 | 6.05 |
| Tax Expense | 0.14 | 0.05 | -2.64 | 2.22 | -2.20 | -2.03 | -0.63 | -0.83 | -0.78 | 0.92 | 23.10 | 1.60 |
| Tax % | 1.8% | 2.5% | - | - | - | -15.3% | - | - | - | 2.5% | 39.6% | 26.4% |
| Profit After Tax | 7.49 | 1.94 | 0.82 | -7.67 | -8.01 | 15.34 | -15.26 | -19.36 | -2.83 | 35.76 | 35.22 | 4.45 |
| EPS (Basic) | 3.78 | 0.98 | 0.42 | -3.87 | -4.04 | 7.75 | -7.70 | -9.78 | -1.43 | 18.07 | 17.79 | 2.25 |
| Particulars | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2019 |
|---|---|---|---|---|---|---|---|
| Revenue from Operations | 37.27 | 266.52 | 592.38 | 626.26 | 880.08 | 501.92 | 570.02 |
| YOY Revenue Growth % | -86.02% | -55.01% | -5.41% | -28.84% | 75.34% | -11.95% | - |
| Other Income | 11.02 | 0.76 | 42.25 | 12.84 | 26.83 | 28.86 | 6.64 |
| Total Income | 48.29 | 267.28 | 634.63 | 639.10 | 906.91 | 530.78 | 576.66 |
| Total Expenses + | 42.46 | 300.26 | 622.77 | 633.77 | 776.79 | 500.33 | 599.15 |
| Cost of Materials Consumed | 14.89 | 147.21 | 423.89 | 414.79 | 613.70 | 320.93 | 430.89 |
| Employee Benefit Expense | 2.61 | 14.76 | 21.91 | 24.20 | 21.28 | 20.19 | 20.08 |
| Other Expenses | 11.14 | 77.57 | 157.50 | 157.51 | 163.02 | 120.18 | 148.18 |
| Operating Profit | -5.19 | -33.74 | -30.39 | -7.51 | 103.29 | 1.59 | -29.13 |
| OPM % | -13.9% | -12.7% | -5.1% | -1.2% | 11.7% | 0.3% | -5.1% |
| Profit Before Exceptional | 5.83 | -32.98 | 11.86 | 5.33 | 130.12 | 30.45 | -5.72 |
| Exceptional Items | 91.61 | 0.00 | -9.51 | 0.00 | 0.00 | 16.19 | 0.00 |
| Profit Before Tax + | 97.44 | -32.98 | 2.35 | 5.33 | 130.12 | 46.64 | -5.72 |
| Tax Expense | 24.84 | -5.69 | -0.23 | -1.34 | 27.25 | 98.28 | -13.24 |
| Tax % | 25.5% | - | -9.8% | -25.1% | 20.9% | 210.7% | - |
| Profit After Tax | 72.60 | -27.29 | 2.58 | 6.67 | 102.87 | -51.64 | 7.52 |
| EPS (Basic) | 36.67 | -13.79 | 1.30 | 3.37 | 51.96 | -26.08 | 3.80 |
| Particulars | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2019 |
|---|---|---|---|---|---|---|---|
| ASSETS | |||||||
| Non-Current Assets + | 162.98 | 207.58 | 221.93 | 204.37 | 200.56 | 219.62 | 0.00 |
| Property, Plant & Equipment | 50.50 | 57.07 | 67.04 | 72.99 | 81.94 | 93.23 | 0.00 |
| Capital Work in Progress | 0.00 | 9.01 | 9.01 | 9.01 | 9.01 | 9.01 | 0.00 |
| Non-Current Investments | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 9.35 | 0.00 |
| Goodwill | 0.00 | 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 | 0.00 |
| Current Assets + | 44.63 | 35.08 | 90.93 | 130.82 | 145.50 | 94.38 | 0.00 |
| Inventories | 19.35 | 30.10 | 82.04 | 108.79 | 118.10 | 70.68 | 0.00 |
| Trade Receivables | 1.08 | 1.24 | 7.10 | 15.04 | 13.74 | 13.58 | 0.00 |
| Cash and Cash Equivalents | 1.09 | 2.64 | 0.22 | 0.23 | 0.24 | 1.60 | 0.00 |
| Current Investments | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| LIABILITIES & EQUITY | |||||||
| Total Equity | 112.36 | 40.30 | 66.81 | 64.83 | 57.51 | -45.33 | 0.00 |
| Equity Share Capital | 19.80 | 19.80 | 19.80 | 19.80 | 19.80 | 19.80 | 0.00 |
| Other Equity | 92.56 | 20.50 | 47.01 | 45.03 | 37.71 | -65.13 | 0.00 |
| Non-Current Liabilities | 5.47 | 6.51 | 7.16 | 20.97 | 32.73 | 94.89 | 0.00 |
| Current Liabilities | 89.78 | 195.85 | 238.89 | 249.39 | 255.82 | 264.44 | 0.00 |
| Total Liabilities | 95.25 | 202.36 | 246.05 | 270.36 | 288.55 | 359.33 | 0.00 |
| Particulars | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2019 |
|---|---|---|---|---|---|---|---|
| Cash from Operating Activities | -71.01 | -4.50 | -25.34 | 44.50 | 67.93 | 53.66 | 0.00 |
| Cash from Investing Activities | 89.00 | 1.32 | 14.54 | 0.29 | 0.34 | 0.46 | 0.00 |
| Cash from Financing Activities | -19.54 | 5.60 | 10.79 | -44.80 | -69.63 | -52.76 | 0.00 |
| Net Increase/Decrease in Cash | -1.55 | 2.42 | -0.01 | -0.01 | -1.36 | 1.36 | 0.00 |