Ahmedabad Steelcraft FY26 net profit rises 74% to ₹1,864 lakh

1 min read     Updated on 02 Jun 2026, 11:37 AM
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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 Day5 Days1 Month6 Months1 Year5 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?

Ahmedabad Steelcraft intimates share transfer to IEPF

0 min read     Updated on 23 May 2026, 06:01 PM
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Ahmedabad Steelcraft Ltd. intimated BSE about publishing newspaper ads on May 23, 2026, for transferring unclaimed equity shares to the Investor Education and Protection Fund under SEBI regulations.

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Ahmedabad Steelcraft Ltd. has informed the stock exchanges regarding the publication of a newspaper advertisement concerning the transfer of equity shares to the Investor Education and Protection Fund (IEPF). The company submitted the intimation to BSE Ltd. on May 23, 2026.

Regulatory Compliance

The disclosure was made in accordance with Regulation 47 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The regulation mandates companies to inform shareholders about the transfer of shares that have remained unclaimed or unclaimed dividends for a specified period.

Publication Details

The company published the notice in both English and Gujarati languages to ensure wide dissemination among its shareholders. The advertisements were issued on May 23, 2026, directing attention to the transfer of equity shares to the IEPF.

Detail Information
Company Name Ahmedabad Steelcraft Ltd.
Scrip Code 522273
CIN L27109GJ1972PLC011500
Date of Publication May 23, 2026
Purpose Transfer of equity shares to IEPF

The intimation was signed by Rohit Pandey, Chairman and Director of the company, confirming the completion of this procedural requirement.

Historical Stock Returns for Ahmedabad Steelcraft

1 Day5 Days1 Month6 Months1 Year5 Years
-0.66%-1.16%+1.02%-15.26%-41.48%+851.51%

How many equity shares and what percentage of Ahmedabad Steelcraft's total shareholding are expected to be transferred to the IEPF, and how might this affect the company's free float?

What recourse do shareholders have to reclaim their transferred shares from the IEPF, and how successful have similar reclamation efforts been for other small-cap companies in the steel sector?

Could the transfer of unclaimed shares to IEPF potentially impact Ahmedabad Steelcraft's stock liquidity or attract any new institutional interest given the change in shareholding pattern?

More News on Ahmedabad Steelcraft

1 Year Returns:-41.48%