Shyam Century Ferrous Ltd

Financial results

• Approved unaudited Q1 FY2026-27 results for quarter ended 30 June 2026; Limited Review Report attached.

Auditors

• Statutory auditors reappointed for five-year term, effective from conclusion of 15th AGM.
• Internal auditors reappointed for FY 2026-27; effective 6 August 2026.

AGM & Book Closure

• AGM scheduled for 25 September 2026 at 2:00 PM via VC/OAVM.
• Register of Members and Transfer Books closed 19–25 September 2026.

Compliance status

• Certificate confirms compliance with Regulation 74(5) for the reporting period.

Financial Performance 📊

• Q3 FY26 revenue from operations declined to ₹83.69 lakh from ₹3,267.07 lakh in Q3 FY25.
• Nine months FY26 revenue from operations dropped to ₹2,225.78 lakh vs ₹9,097.57 lakh prior year.
• Q3 FY26 total income was ₹264.72 lakh, down from ₹3,431.26 lakh in Q3 FY25.
• Q3 FY26 loss before tax was ₹920.29 lakh vs profit of ₹0.47 lakh in Q3 FY25.
• Nine months FY26 loss before tax widened to ₹1,254.22 lakh vs loss of ₹644.71 lakh prior year.
• Q3 FY26 net loss was ₹613.83 lakh vs net profit of ₹6.33 lakh in Q3 FY25; nine months net loss was ₹937.05 lakh.

Expenses & Costs 📊

• Q3 FY26 total expenses were ₹1,185.01 lakh, up from ₹3,430.79 lakh in Q3 FY25.
• Power & fuel expense for Q3 FY26 was ₹752.36 lakh despite plant closure.
• Employee benefit expense for Q3 FY26 was ₹27.46 lakh, up from ₹20.98 lakh in prior quarter.
• Depreciation expense remained high at ₹122.30 lakh in Q3 FY26.

Operations & Assets 🧱

• Company ceased operations at Meghalaya plant from 7th May 2025 due to power tariff hike.
• Board approved in-principle sale or lease of substantially all assets, subject to shareholder approval.
• Assets remain classified under Property, Plant and Equipment, not as held for sale.

Other 📍

• Auditor's limited review report expressed no material misstatement in unaudited results.
• Company primarily manufactures and sells ferro silicon; no reportable segments.
• EPS for Q3 FY26 was negative ₹0.29; nine months EPS was negative ₹0.44.

Financial Performance

• Board approved unaudited standalone financial results for Q3 and nine months ended 31 Dec 2025.
• Total income for nine months ended 31 Dec 2025 was ₹2,900.95 lakhs; net loss was ₹937.05 lakhs.

Operational Changes

• Company ceased operations at Meghalaya plant effective 7 May 2025 due to increased power tariffs.

Strategic Decisions

• Board gave in-principle approval on 7 Jan 2026 to sell, lease, or dispose substantially all company assets, subject to shareholder approval.
• Assets remain classified under Property, Plant and Equipment, not as held for sale.

Auditor Remarks ️

• Statutory auditors issued limited review report with no material misstatement; emphasized Meghalaya plant cessation and proposed asset disposal.