Ahmedabad Steelcraft FY26 net profit rises 74% to ₹1,864 lakh
Ahmedabad Steelcraft reported a 74% rise in FY26 net profit to ₹1,864.34 lakh, driven by a 29% revenue increase to ₹22,127.56 lakh. The board approved the audited results on May 30, 2026.

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Ahmedabad Steelcraft Limited reported a 74% increase in net profit for the financial year ended March 31, 2026, rising to ₹1,864.34 lakh from ₹1,070.39 lakh in the previous year. Revenue from operations grew 29% to ₹22,127.56 lakh, driven by higher trading activities in electrical items and steel structures. The board approved the audited standalone financial results for the quarter and year ended March 31, 2026, at a meeting held on May 30, 2026.
The company’s profit for the quarter ended March 31, 2026, stood at ₹321.09 lakh, compared to ₹348.91 lakh in the corresponding period of the previous year. Total income for the quarter was ₹5,202.33 lakh. For the full year, total income reached ₹22,127.82 lakh. The earnings per share (EPS) for the year was ₹13.50 on a basic and diluted basis. The statutory auditors, M/s. Prateek Gupta & Co., issued an unqualified opinion on the results.
| Metric | Q4FY26 (₹ in Lakh) | Q4FY25 (₹ in Lakh) | FY26 (₹ in Lakh) | FY25 (₹ in Lakh) |
|---|---|---|---|---|
| Revenue from Operations | 5,202.19 | 6,529.87 | 22,127.56 | 17,188.22 |
| Net Profit | 321.09 | 348.91 | 1,864.34 | 1,070.39 |
| Total Expenses | 4,821.39 | 6,053.95 | 19,634.01 | 15,981.80 |
| Basic EPS (₹) | 2.33 | 8.37 | 13.50 | 25.68 |
The board appointed M/s. Vars and Associates as the internal auditor for the financial year 2026-27, based on the recommendation of the Audit Committee. The trading window, which was closed from April 1, 2026, will reopen 48 hours after the declaration of the results. The company also noted that the government's notification of Labour Codes on November 21, 2025, had no impact on the financial results for the period.
The balance sheet as of March 31, 2026, showed total assets of ₹21,964.55 lakh, an increase from ₹12,476.85 lakh in the previous year. Equity share capital increased to ₹1,509.20 lakh following the conversion of warrants into equity shares during the previous financial year. The results are available on the company’s website and the BSE website.
Historical Stock Returns for Ahmedabad Steelcraft
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -0.66% | -1.16% | +1.02% | -15.26% | -41.48% | +851.51% |
What strategies will the company employ to sustain the 29% revenue growth amidst potential market volatility in FY27?
How will the conversion of warrants into equity shares influence the company's capital allocation and dividend policy moving forward?
What are the management's projections for profit margins given the dip in Q4 net profit despite the strong full-year performance?

































