Mittal Sections Limited reported a net profit of ₹345.50 lakh for the financial year ended March 31, 2026, a slight increase from ₹343.78 lakh in the previous year. Revenue from operations for the year stood at ₹14,858.04 lakh, compared to ₹13,686.29 lakh in FY25. The company's board approved the audited standalone financial results for the half-year and full year ended March 31, 2026, during a meeting held on May 29, 2026.

The financial results were reviewed by the Audit Committee and approved by the Board of Directors. The statutory auditors, Milind Nyati & Co LLP, issued an unmodified audit opinion on the results. The company stated that there are no investor complaints pending as on May 29, 2026. Additionally, Mittal Sections disclosed that it has no outstanding defaults on loans or debt securities, with total financial indebtedness recorded at ₹2,480.54 lakh.

Financial Performance

The company's total income for FY26 increased to ₹14,939.56 lakh from ₹13,707.03 lakh in the previous year. Total expenses rose to ₹14,428.65 lakh from ₹13,215.54 lakh. Profit before tax for the year was ₹510.91 lakh, up from ₹491.49 lakh in FY25. Basic earnings per share (EPS) for FY26 were reported at ₹3.61, compared to ₹4.37 in the previous year, with the company noting that prior period EPS was adjusted for the incorporation of IPO shares.

Capital and Segment Information

Mittal Sections issued 37,00,000 equity shares of ₹10 each at a premium of ₹133 per share via an Initial Public Offer (IPO), which listed on the SME Platform of the Bombay Stock Exchange of India Limited on October 14, 2025. The company has a single reportable business segment and is exempt from adopting Ind AS as it is listed on an SME Exchange. The financial results were prepared in accordance with the Accounting Standards prescribed under Section 133 of the Companies Act, 2013.

Mittal Sections Limited has filed its quarterly compliance certificate with BSE for the quarter ended 31st March, 2026, fulfilling regulatory requirements under SEBI (Depositories and Participants) Regulations, 2018. The submission, dated 14th April, 2026, demonstrates the company's adherence to mandatory compliance procedures for listed entities.

Regulatory Compliance Details

The certificate was submitted pursuant to Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018, which requires companies to provide quarterly confirmations regarding their shareholding structure. The document was issued by Bigshare Services Private Limited, serving as the company's Registrar and Share Transfer Agent.

Non-Applicability Confirmation

Bigshare Services Private Limited confirmed that Regulation 74(5) is not applicable to Mittal Sections Limited for the quarter ended 31st March, 2026. The registrar stated that the entire holding of the company's shares remains in demat form, maintaining full electronic custody of securities.

The certificate specifically notes that no requests were received from company members for either rematerialisation or dematerialisation during the reporting quarter. This indicates stable shareholding patterns with no conversion between physical and electronic share formats.

Corporate Authorization

The submission was authorized by Ajaykumar B. Mittal, Chairman cum Managing Director of Mittal Sections Limited, bearing DIN: 01760444. The document carries digital signature authentication, ensuring regulatory compliance and proper corporate governance procedures.

The compliance certificate reflects the company's commitment to maintaining transparent reporting standards and adhering to SEBI's regulatory framework for depositories and participants.