Eskay Aluminium Pvt Ltd acquired 4,775 equity shares of Sacheta Metals Ltd on August 20, 2026, through an open market transaction. The purchase increases Eskay’s total holding in the Gujarat-based metals firm to 32,302 shares.

The acquisition brings Eskay Aluminium’s stake to 0.03% of the company’s total voting capital. Prior to this transaction, the private limited entity held 27,527 shares, accounting for 0.02% of the equity. The move was disclosed under Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

Transaction Details

The share purchase occurred on the Bombay Stock Exchange (BSE). Saketa Metals Ltd has a total equity share capital of ₹25 crore, divided into 125 million equity shares with a face value of ₹2 each. This capital structure remained unchanged following the transaction.

Eskay Aluminium confirmed it does not belong to the promoter or promoter group of Sacheta Metals Ltd. The disclosure was submitted by Mr. Satish Kumar B. Shah, the authorized representative of Eskay Aluminium Pvt Ltd, based in Sabarkantha, Gujarat.

Sacheta Metals Ltd reported a 7.5% year-on-year decline in net profit to ₹0.37 crore for the quarter ended June 30, 2026 (Q1FY27), despite a 4.9% rise in revenue from operations to ₹21.79 crore. The divergence between top-line growth and bottom-line contraction signals margin compression, primarily driven by increased material costs and a sharp drop in other income. The Board of Directors approved the unaudited standalone financial results on July 25, 2026, following review by the Audit Committee.

Total income for the quarter stood at ₹21.83 crore, compared to ₹21.04 crore in Q1FY26. However, total expenses rose to ₹21.34 crore from ₹20.51 crore in the corresponding period last year. The most significant pressure point was the cost of material consumed, which increased to ₹16.02 crore from ₹14.97 crore. Employee benefits expense also climbed to ₹1.53 crore from ₹1.24 crore. Conversely, finance costs saw a slight reduction to ₹0.23 crore from ₹0.35 crore, and depreciation and amortisation expense decreased to ₹0.39 crore from ₹0.42 crore.

Financial Performance Highlights

Other income fell significantly to ₹0.04 crore from ₹0.27 crore in Q1FY26, further eroding profitability. This indicates that non-operating gains played a diminished role in supporting earnings this quarter compared to the previous year. The company’s earnings per share (EPS) remained flat at ₹0.03 for both basic and diluted measures, consistent with Q4FY26 and Q1FY26 levels.

What the Numbers Show

The financial data reveals a challenging operating environment where revenue growth is not translating into proportional profit growth. While the nearly 5% increase in operational revenue suggests steady demand for its aluminium and stainless steel kitchenware and houseware items, the 7.5% drop in net profit highlights inefficiencies in cost management or rising input prices. The substantial decline in other income removes a previous buffer that had supported earnings, making the core operational margins more critical to overall profitability.

Sacheta Metals operates in a single segment, aluminium products. Although the company added real estate business activities to its main object during an Extraordinary General Meeting held on May 16, 2024, no revenue was generated from this source during the quarter ended June 2026. Consequently, segment reporting remains inapplicable. The financial statements were prepared in accordance with Indian Accounting Standards (Ind AS) as prescribed under Section 133 of the Companies Act, 2013, and filed under Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.