Sri Nachammai Cotton Mills Ltd

Financial performance

• Revenue from operations: Rs 1,291.12 lakhs.
• Total revenue: Rs 1,294.59 lakhs.
• Total expenses: Rs 1,307.86 lakhs.
• PBT before tax: Rs -13.27 lakhs.
• PAT: Rs -14.75 lakhs.
• EPS (continuing): Basic/Diluted -0.34.
• Power and fuel expense: Rs 86.23 lakhs, down from Rs 143.50.
• Power cost reduced due to solar plant.
• No separate operating segments; yarn manufacturing only.
• Results reviewed by Audit Committee and Board on Aug 11, 2026.
• AGM on Sept 25, 2026 via Video Conferencing.
• Cut-off date for remote e-voting: Sept 18, 2026.
• Register of Members close: Sept 19-25, 2026.
• Current quarter yarn demand weak; one unit operated for three shifts.
• Depreciation aligned with reduced operations due to single unit.
• Self-consumption of solar power reduced overall power cost.

Dematerialisation status

• Dematerialisation requests in the reporting quarter were processed by the Registrar to depositories.
• Securities dematerialised during the period have been listed on exchanges where the earlier securities are listed.
• Physical certificates received for dematerialisation were mutilated and cancelled after verification.
• Depository's name substituted as registered owner within the prescribed timeline.

Meeting Details

• Board meeting on 19 May 2026 at 11:30 A.M.
• Venue: Registered Office, Door No. 181, VASANTHAM, 4th Cross Street, New Fairlands, Salem 636 016.

Key Agenda Items

• Consider audited standalone financial results for quarter and year ended 31 March 2026.
• Take on record auditors' report with unmodified opinion for the same period.

Other Notes

• Trading window remained closed from 1 April 2026 to 21 May 2026, both days inclusive.

Financial Performance

• Board approved unaudited standalone financial results for quarter and nine months ended 31 Dec 2025.
• Earnings per share (basic and diluted) for quarter ended 31 Dec 2025 reported at a loss of Rs. 7.15 per share.
• Exceptional income of Rs. 6.58 crores recognized due to modification of redeemable preference shares terms.
• Statutory auditors conducted limited review and issued report with no material misstatements.

Capital and Shareholder Decisions

• Preference shares redemption period extended by 7 years, approved in EGM held on 3 Dec 2024.

Operational Updates

• Power and fuel costs reduced due to captive use of 4 MW solar power plant commissioned in FY 2024-25.
• Company operates one unit on three shifts due to poor yarn demand and cotton-yarn price disparity.

Regulatory and Compliance ️

• No material incremental liability expected from new Labour Codes; company monitoring regulatory developments.