Sharda Ispat Ltd

AGM Details

• 65th AGM held on 29 September 2026 at 09:30 AM (physical).
• Venue: DA-ROCK, Plot 230, 7th Floor, Hill Road, Shivaji Nagar, Nagpur.
• Notice dated 13 August 2026 circulated to shareholders.
• Remote e-voting available 24-28 September 2026; polling at venue.
• Chairman and MD chaired; quorum present; CS and auditors present.
• Scrutinizer appointed; results to be declared within 2 working days.

Resolutions put to vote

• Adopt audited financial statements and Board/Auditors’ reports.
• Director retiring by rotation to be re-appointed.
• Approve remuneration of Cost Auditor for the year.
• Re-appoint Chairman and Managing Director.
• Re-appoint Whole-time Director.
• Approve material related party transaction with related party counterparty 1.
• Approve material related party transaction with related party counterparty 2.

Voting results

• Consolidated voting results to be declared within 2 working days after AGM.

Director changes

• Director retiring by rotation re-appointed.
• Whole-time Director re-appointed.
• Chairman and Managing Director re-appointed.

Material related party transactions

• Two material related party transactions approved with related parties.

Other material approvals

• No other material approvals disclosed.

Sharda Ispat Ltd – Closure of Trading Window

Q1 FY27 highlights

• Revenue from operations (net): ₹7,115.06 lakh.
• Total income: ₹7,189.96 lakh.
• Net profit after tax: ₹163.50 lakh.
• EPS: ₹3.22 for the quarter.
• Total comprehensive income: ₹186.88 lakh.
• Single iron and steel segment; Ind AS 108 not applicable.
• Unaudited results approved; Limited Review unmodified.
• Nandkishore Sarda re-appointed as CMD for 5 years from 01-Apr-2027.
• Poonam Sarda re-appointed as WTD for 5 years from 01-Apr-2027.
• YoY net profit rose from ₹28.39 lakh to ₹163.50 lakh.

Meeting Details

• Date: 13 August 2026
• Time: not disclosed
• Location: not disclosed

Key Agenda Items

• Consider unaudited financial results for the quarter ended 30 June 2026.

Other Notes

• Trading window remains closed from 01 July 2026 to 15 August 2026 (inclusive).

Dematerialisation status

• Dematerialisation requests for the quarter ended 30 June 2026 were processed and confirmed to depositories.
• Securities dematerialised during the period have been listed on stock exchanges.
• Physical certificates received for dematerialisation were mutilated and cancelled after due verification.
• Depository's name was substituted as registered owner in the Register of Members within 15 days.

FY26 results

• 📊 Revenue from operations rose 16.9% QoQ to Rs 6,719.96 lakh in Q4 FY26.
• 📊 FY26 revenue from operations was Rs 16,879.39 lakh, down 3.8% YoY.
• 📊 Total income was Rs 17,258.07 lakh in FY26 versus Rs 17,855.31 lakh last year.
• 📊 FY26 PBT was Rs 839.72 lakh, down 17.7% YoY.
• 📊 FY26 PAT was Rs 620.24 lakh, down 18.3% YoY.
• 📊 FY26 EPS was Rs 12.22, versus Rs 14.94 in FY25.
• 📊 Q4 FY26 PAT was Rs 434.61 lakh, up 332.8% QoQ.
• 📊 Other comprehensive income was Rs 10.59 lakh in FY26.

Cost trends

• 📊 Raw material consumption was Rs 13,959.68 lakh in FY26, down 2.5% YoY.
• 📊 Employee benefits expense rose to Rs 313.14 lakh in FY26.
• 📊 Finance cost increased to Rs 251.07 lakh in FY26 from Rs 149.58 lakh.
• 📊 Other expenses rose to Rs 2,073.62 lakh in FY26 from Rs 1,917.48 lakh.

Balance sheet and cash flow

• 📊 Total assets were Rs 10,158.71 lakh at FY26-end, up from Rs 9,816.07 lakh.
• 📊 Equity increased to Rs 6,545.54 lakh, supported by higher other equity.
• 📊 Borrowings fell to Rs 3,037.98 lakh from Rs 3,463.99 lakh.
• 📊 Trade receivables rose to Rs 1,859.48 lakh, while inventories were Rs 2,264.24 lakh.
• 📊 Cash and cash equivalents increased to Rs 178.11 lakh.
• 📊 Operating cash flow was negative Rs 70.97 lakh in FY26.
• 📊 Investing cash flow was positive Rs 852.21 lakh, aided by loan recovery and investment sales.

Operations and audit

• 📍 The company operates in one segment: iron and steel.
• 📍 Auditors issued an unmodified opinion on the standalone FY26 results.
• 📍 The board approved FY26 audited standalone results on 29 May 2026.
• 📍 Internal auditor LNJ & Associates was re-appointed for FY27.
• 📍 Cost auditor Narendra Peshne & Associates was re-appointed for FY27, subject to shareholder ratification.