Scan Steels Ltd

Board meeting agenda

• Board to consider draft Notice for 33rd AGM for FY 2025-26.
• Board to approve Directors' Report, Corporate Governance Report, MD&A, and Annual Report FY 2025-26.
• Board to consider Secretarial Audit Report for FY 2025-26.
• Board to consider Cost Audit Report for FY 2025-26.
• Fix date, time and venue of 33rd AGM and related matters.
• Consider book closure, record date, cut-off, remote e-voting, Scrutinizer appointment.
• Appoint authorised agency for remote e-voting at AGM.
• Approve resolutions including alteration of Authorized Capital, MOA Clause V, subject to approval.
• Authorize officers to complete AGM arrangements and related formalities.
• Any other business with chair's permission.

Q1 FY27 Highlights

• Revenue for Q1 FY27: Rs 2,578 crore, up 11% YoY.
• EBITDA rose to Rs 235 crore, up 21% YoY; EBITDA margin 9.1%.
• PAT: Rs 130 crore; up 29% YoY; PAT margin 5.0%.
• Total production 121,692 MT; QoQ up 8% across sponge iron, billets, TMT.
• Sponge Iron 33,490 MT; Billets 39,212 MT; TMT 48,990 MT.
• CRISIL ratings: BBB+/Stable long-term, A2+ short-term.
• Strategic capex progressing; billets capacity expansion and downstream Pipe/Galvanizing/Wire Rod facilities.
• Integrated steel ecosystem development: pellet plants, captive power, coal washery, SMS & Concast.
• Outlook: focus on capacity expansion, value addition, profitability; supports Vision 2031.

Financials – Standalone

• Standalone Q1 FY27: revenue from operations 28,166.07 lakh; total income 28,317.86 lakh.
• Standalone PAT 691.37 lakh; total comprehensive income 645.83 lakh.
• Standalone revenue up ~21% YoY; PAT down ~31% YoY.

Financials – Consolidated

• Consolidated Q1 FY27: revenue from operations 28,166.07 lakh; total income 28,317.86 lakh.
• Consolidated PAT 1,295.51 lakh; total comprehensive income 1,324.99 lakh.

Governance actions

• Board re-appoints Internal Auditor M/s P.A. & Associates for FY 2026-27.
• Board re-appoints Cost Auditor M/s Ray Nayak & Associates for FY 2026-27.

Regulatory & reporting

• Unaudited Standalone and Consolidated results for quarter ended 30 June 2026 approved; Limited Review Report issued.
• Results available on company website and BSE.

Meeting Details

• Board meeting on 28 July 2026 at 4:00 PM, Trishna Nirmalaya Bhawan, Bhubaneswar, Odisha.

Key Agenda Items

• Consider unaudited standalone and consolidated results for quarter ended June 30, 2026 with Limited Review Report.
• Re-appoint M/s P.A. & Associates as internal auditor for FY 2026-2027.
• Re-appoint M/s Ray Nayak and Associates as cost auditor for FY 2026-2027.
• Discuss any other business matter with the Chair's permission.

Other Notes

• Trading window remains closed for designated persons and relatives till 48 hours after results.

Escrow mechanism status

• Escrow Payment Mechanism not applicable; Scan Steels has no instruments or arrangements covered under SEBI regulations.

Dematerialisation status

• Securities received for dematerialisation in the quarter were confirmed to depositories by the RTA.
• The dematerialised securities have been listed on the stock exchanges where the earlier securities are listed.
• Physical certificates for dematerialisation were mutilated and cancelled; depository name updated as registered owner within 15 days.