Suryalakshmi Cotton Mills Ltd

Meeting Details

• Board meeting scheduled for August 08, 2026.

Key Agenda Items

• Consider and approve unaudited financial results for quarter ended June 30, 2026.
• Any other business with the permission of the Chair.

Other Notes

• Trading window closed from July 01, 2026 until 48 hours after results declaration.

Board changes

• Sri Venkata Phani Kiran Kumar Immaneni appointed as Additional Director (Independent) for five-year term, effective 27 July 2026.
• Dhruv Vijai Singh ceased as Independent Director on completion of his final term, effective 27 July 2026.

Dematerialisation/rematerialisation status

• Details of dematerialised/rematerialised securities during the quarter were furnished to all stock exchanges.

Redemption of preference shares

• Redeemed 2,00,000 5% Non-Cumulative Redeemable Preference Shares at ₹100 each, aggregating to ₹2,00,00,000; extinguished from 30 June 2026.

Financial Performance 📊

• Q3 FY26 revenue from operations was Rs 18,359.52 lakh, down 5% QoQ and flat YoY.
• Nine months revenue increased 1.6% YoY to Rs 55,420.70 lakh.
• Total income for Q3 FY26 was Rs 18,948.77 lakh, down 2.6% QoQ and flat YoY.
• Cost of materials consumed declined 7.6% QoQ and 6.5% YoY to Rs 10,452.13 lakh.
• Employee benefit expenses rose 6.5% YoY to Rs 1,806.34 lakh in Q3 FY26.
• Finance costs decreased 8.7% YoY to Rs 691.01 lakh in Q3 FY26.

Profitability 📊

• EBITDA was Rs 71.29 lakh in Q3 FY26, up 54% QoQ but down 47% YoY.
• Profit before tax was Rs 71.29 lakh, down 47% YoY and up 54% QoQ in Q3 FY26.
• PAT stood at Rs 52.12 lakh, down 43% YoY and up 69% QoQ in Q3 FY26.
• Basic and diluted EPS was Rs 0.28 in Q3 FY26 versus Rs 0.49 in Q3 FY25.
• Other income included Rs 4.99 crore power incentive from TSSPDCL in Q3 FY26.

Corporate & Governance 🗓️

• Board approved Q3 FY26 unaudited results and unqualified limited review report on 11 Feb 2026.
• Auditor issued unmodified conclusion on Q3 FY26 financial results.
• No subsidiaries, associates, or joint ventures as of 31 Dec 2025.

Business Model & Segments 📍

• Company operates in a single segment: Textiles, per Ind AS 108.

Risks ⚠️

• Company monitors US textile import tariffs; limited direct US exposure, impact currently immaterial.
• New Indian labor codes have no material incremental impact on financials for the period.

Financial Performance 📊

• Approved unaudited standalone Q3 FY26 results ended 31 Dec 2025 with unqualified limited review report.
• Total income for Q3 FY26 was Rs. 189.49 crore; profit before tax Rs. 0.71 crore.
• Profit after tax for Q3 FY26 was Rs. 0.52 crore; total comprehensive income Rs. 0.45 crore.
• Other income included Rs. 4.99 crore power incentive from TSSPDCL for the quarter.

Business and Segment Information

• Company operates in a single segment: Textiles, per Ind AS 108.
• No subsidiaries, associates, or joint ventures as of 31 Dec 2025.

Regulatory and Compliance ⚠️

• Indian labor law consolidation impact assessed as immaterial and recognized in current quarter results.
• Statutory auditors issued an unmodified review report with no material misstatements noted.

Market and Risk Monitoring

• Company monitors US textile import tariffs impact; currently assessed as not materially affecting financials.