Subhash Silk Mills Ltd

Subhash Silk Mills Limited — Trading Window closed from Thursday, October 1, 2026 till 48 (forty eight) hours after the declaration of Unaudited Financial Results by the Company for the Quarter ending September 30, 2026.

AGM Details

• AGM held Sep 24, 2026 at 10:01 IST; concluded 10:12 IST via VC/OAVM.

Resolutions

• Adoption of audited financial statements for FY ended Mar 31, 2026; ordinary; passed.
• Re-appointment of Mrs Nameeta S. Mehra as director liable to retire by rotation; ordinary; passed.

Director Changes

• Mrs Nameeta S. Mehra re-appointed as director liable to retire by rotation.

Financials

• Total income: 127047.29 (Rupees in hundred) for year ended 31 Mar 2026.
• Income from operations: 3062.24; Other income: 123985.05.
• Profit for the year: (76571.33) (Rupees in hundred).
• EPS (Basic): (1.81) Rs per share.
• Board approved audited results on 29 May 2026.

Balance sheet highlights

• Total assets: 1,299,373.97.
• Total equity: 951,503.53; Share capital: 404,938.08; Other equity: 546,565.45.
• Current assets: 32,761.83; Current liabilities: 92,202.08.
• Cash and cash equivalents: 2,947.11; Inventories: 14,422.69; Trade receivables: 15,392.03.

Auditors' report

• Auditors' report expresses unmodified opinion with no qualifications.

Filing details

• Board meeting held May 29, 2026; Audited results filed.

AGM Details

• AGM date/time and mode: 24 Sep 2026, 10:00 AM IST, via VC/OAVM.
• Register of Members closed: Sep 18–24, 2026.
• Ordinary business: adopt Audited Financial Statements for year ended Mar 31, 2026.
• Ordinary business: re-appointment of Nameeta S Mehra as Director on rotation.
• E-voting window: Sep 21–23, 2026, 9:00 AM–5:00 PM; results to be declared.
• Proxy not available; attendance via VC/OAVM.

Resolutions and status

• Adopt Audited Financial Statements for the year ended Mar 31, 2026.
• Re-appoint Nameeta S Mehra as Director on rotation.
• The results shall be declared after the AGM.

Financial snapshot

• Total Income: 127047.29 (FY2025-26) vs 244698.85 (FY2024-25) (Rs in Hundreds)
• Net Loss After Tax: -76571.33 (FY2025-26) vs -22055.83 (FY2024-25)
• Cash generated from operations: 231918.32 (FY2025-26) vs 87324.00 (FY2024-25)
• Total Assets: 1,299,373.97 (as at 31-03-2026)
• Total Equity: 951,503.53 (as at 31-03-2026)
• Long-term borrowings total: 51,101.71; prior year 51,993.78
• Total non-current liabilities: 255,668.36
• Current liabilities: 92,202.08

AGM & communications

• 56th AGM date: Sept 24, 2026 at 10:00 AM IST.
• Integrated AR and AGM notice available on company website.

Book closure details

• Book closure: Sep 18, 2026 to Sep 24, 2026 inclusive for 56th AGM.
• Purpose: Close Register of Members and Share Transfer Books for AGM.
• AGM date: Sep 24, 2026 at 10:00 IST.
• Security: Equity shares (Scrip 530231).

Financials

• Revenue from operations ₹0.88L; other income ₹63.35L; total ₹64.23L.
• Total expenses ₹64.67L; PBT ₹-0.44L; profit for the period ₹8.40L.
• Basic and diluted EPS ₹0.20; paid-up capital ₹404.94L.

Financial results

• Unaudited quarterly results for quarter ended June 30, 2026 with Limited Review Report approved.

Dividend policy

• No dividend recommended for FY ended March 31, 2026.

Directors

• Re-appointment of Mrs Nameeta S. Mehra as Director liable to retire by rotation at AGM Sept 24, 2026.

AGM and venue

• 56th AGM for FY 2025-2026 scheduled Sept 24, 2026 via VC/OAVM; deemed venue at Registered Office.

Process status

• Dematerialisation requests during the period were processed and confirmed to the depositories.
• Dematerialised securities have been listed on the stock exchanges where the prior issues are listed.
• Physical certificates for dematerialisation were mutilated and cancelled; depository name updated as registered owner within timelines.

FY26 results

• 📊 Revenue from operations rose to ₹30.62 lakh from ₹28.40 lakh.
• 📊 Total income fell to ₹1.27 crore from ₹2.45 crore.
• 📊 FY26 PBT was a loss of ₹75.16 lakh versus ₹2.46 lakh loss.
• 📊 FY26 PAT was a loss of ₹76.57 lakh versus ₹22.06 lakh loss.
• 📊 Basic and diluted EPS were both -₹1.81 versus -₹0.52 last year.

Quarterly performance

• 📊 Q4 FY26 total income was ₹59.08 lakh, up from ₹33.04 lakh year ago.
• 📊 Q4 FY26 PBT was ₹9.94 lakh versus a ₹27.20 lakh loss.
• 📊 Q4 FY26 PAT was a loss of ₹0.08 lakh versus ₹46.68 lakh loss.
• 📊 Q4 FY26 EPS was approximately nil versus -₹1.10 last year.

Cost trends

• 📊 Other income declined to ₹1.24 crore from ₹2.42 crore.
• 📊 Employee benefit expense fell to ₹34.77 lakh from ₹39.55 lakh.
• 📊 Finance costs declined to ₹30.55 lakh from ₹44.54 lakh.
• 📊 Depreciation rose to ₹55.38 lakh from ₹51.96 lakh.
• 📊 Other expenses fell to ₹1.06 crore from ₹1.48 crore.

Balance sheet

• 📊 Total assets were ₹12.99 crore versus ₹13.82 crore.
• 📊 Cash and cash equivalents fell to ₹29.47 lakh from ₹4.16 crore.
• 📊 Trade receivables dropped to ₹15.39 lakh from ₹2.41 crore.
• 📊 Equity stood at ₹9.52 crore, down from ₹10.28 crore.
• 📊 Long-term borrowings were ₹51.10 lakh versus ₹51.99 lakh.

Cash flow

• 📊 Operating cash flow was ₹2.20 crore versus ₹65.12 lakh last year.
• 📊 Investing cash outflow was ₹2.54 crore, driven by fixed asset purchases.
• 📊 Financing cash outflow was ₹39.48 lakh, mainly interest and loan repayment.
• 📊 Net cash decreased by ₹38.64 lakh during FY26.

Audit

• 📍 The company stated the auditors' report for FY26 had no qualifications or remarks.
• 📍 The results were approved by the Board on 29 May 2026.

Business

• 🗒️ Subhash Silk Mills is a textile company.
• 🗒️ Revenue is primarily from operations and substantial other income.