Chennai Ferrous Industries Ltd

Financials

• Q1 FY27 standalone unaudited: Revenue from operations Rs 94.17 lakhs.
• Other Income Rs 24.30 lakhs; Total Income Rs 118.47 lakhs.
• Total Expenses Rs 168.44 lakhs; PBT Rs (49.96) lakhs.
• Net loss after tax Rs (49.96) lakhs.
• EPS for Q1 30 Jun 2026: Rs (1.39) basic/diluted.

Borrowing & governance

• Borrowing limits raised to Rs 200 crore, subject to members' approval.
• Internal Auditor appointed: M/s. N N Kumar & Associates for FY 2026-27.
• Results reviewed by Audit Committee and approved by Board on Aug 12, 2026.
• Increase subject to member approval via Special Resolution at 16th AGM.

Operations & other notes

• Single segment: Trading in Coal; one reportable segment per Ind AS 108.
• Results prepared under Ind AS 34; limited review by auditors completed.

Meeting Details

• Date: Wednesday, 12 August 2026.
• Time: Not disclosed.
• Location: Registered Office, Gummidipoondi, Tamil Nadu.

Key Agenda Items

• Approve Standalone Unaudited Financial Results for quarter ended June 30, 2026.

Other Notes

• Trading window to open 48 hours after conclusion of the Board meeting.

Dematerialisation processing

• Dematerialisation requests processed during the quarter; certificates accepted or rejected and reported to depositories.
• Securities dematerialised listed on the stock exchanges where the earlier issued securities are listed.
• Physical certificates for dematerialisation mutilated and cancelled; depository name substituted as registered owner within 15 days.

Financial results approved

• Approved standalone audited financial results for quarter and year ended March 31, 2026.
• Auditors issued an unmodified opinion on the standalone results.

Other statements approved

• Approved standalone audited balance sheet and cash flow statement for year ended March 31, 2026.

Board and audit matters

• Audit Committee reviewed the audited results before Board approval.
• Board meeting was held on May 29, 2026 and concluded at 5:15 PM.

Financial Performance 📊

• Q3 FY26 revenue from operations rose to ₹7,500 lakh from ₹2,104.78 lakh YoY.
• Q3 FY26 total income was ₹9,025 lakh versus ₹2,227.19 lakh in Q3 FY25.
• Q3 FY26 operating loss before tax was ₹101.21 lakh versus profit of ₹149.04 lakh YoY.
• Q3 FY26 net loss after tax was ₹75.74 lakh compared to net profit of ₹11.52 lakh YoY.
• Basic and diluted EPS for Q3 FY26 was negative ₹0.40 versus positive ₹0.30 YoY.
• Nine months ended Dec 31, 2025 revenue from operations was ₹1,264.65 lakh, down from ₹1,625.08 lakh YoY.

Expenses & Costs

• Purchase of stock-in-trade increased to ₹3,015.41 lakh in Q3 FY26; cost of materials consumed was nil.
• Employee benefits expense rose to ₹63.92 lakh in Q3 FY26 from ₹32.56 lakh YoY.
• Other expenses increased to ₹110.41 lakh in Q3 FY26 from ₹87.17 lakh YoY.
• Finance costs were ₹0.24 lakh in Q3 FY26, stable YoY.
• Depreciation and amortisation was ₹25.90 lakh in Q3 FY26, slightly lower YoY.

Profitability Nine Months

• Nine months total income was ₹1,271.97 lakh versus ₹1,668.09 lakh YoY.
• Nine months operating profit before tax was ₹190.48 lakh, down from ₹511.10 lakh YoY.
• Nine months net profit after tax was ₹140.62 lakh versus ₹382.46 lakh YoY.

Corporate & Compliance

• Results are standalone, related to coal trading segment.
• Statutory auditors issued a limited review report with no qualifications for Q3 FY26.
• Board approved results on February 10, 2026; trading window opens 48 hours post-meeting.

Capital Structure

• Paid-up equity share capital remained ₹360.45 lakh; reserves stood at ₹2,188.35 lakh as of Dec 31, 2025.

Financial Performance 📊

• Board approved unaudited standalone financial results for quarter and nine months ended December 31, 2025.
• Total income from operations for nine months ended December 31, 2025 was ₹16,680.86 lakhs.
• Net loss after tax for nine months ended December 31, 2025 was ₹140.62 lakhs.
• Earnings per share (EPS) for quarter ended December 31, 2025 was negative ₹0.40.
• Paid-up equity share capital remained ₹360.45 lakhs.
• Company operates in a single segment: Trading in Coal.

Audit and Compliance ⚠️

• Statutory auditors Aayush Bohra A & Co. issued limited review report with no material misstatement or qualification.
• Audit committee and board reviewed and approved financial results on February 10, 2026.

Other Governance Decisions 📍

• Trading window for dealing in company securities to open 48 hours after board meeting conclusion.

🗓️ Meeting Details

• Board meeting scheduled for February 10, 2026, at the registered office in Gummidipoondi.

📊 Key Agenda Items

• Approval of standalone unaudited financial results for the quarter ended December 31, 2025.