Msafe Equipments Limited reported a net profit of ₹7.27 crore for the quarter ended June 30, 2026 (Q1FY27), marking a 44% year-on-year increase from ₹5.04 crore in Q1FY26. Revenue from operations rose 40% to ₹31.79 crore, up from ₹22.72 crore in the corresponding period last year. The growth was driven by increased operational activity and favorable inventory movements, with the company maintaining its focus on manufacturing aluminium and steel scaffolding and FRP ladders.

The Board of Directors approved the unaudited financial results on August 10, 2026, pursuant to Regulation 30 read with Schedule III of the SEBI Listing Regulations. The results were reviewed by the Audit Committee and subjected to a limited review by statutory auditors V. K. Kila & Co., Chartered Accountants. The Board also appointed M/s. Chittora & Co. as Cost Auditors, M/s. R.A. Kila & Associates as Internal Auditors, and M/s. Ajai Kumar Associates as Secretarial Auditors for the financial year 2026-2027.

Financial Performance

Revenue from operations stood at ₹31.79 crore, compared to ₹22.72 crore in Q1FY26. Other income increased significantly to ₹66.12 lakh from ₹3.24 lakh in the prior year quarter. Total expenses rose to ₹22.71 crore from ₹16.10 crore, primarily due to higher cost of materials consumed at ₹9.27 crore and employee benefit expenses at ₹7.00 crore. However, changes in inventories provided a credit of ₹1.74 crore, offsetting some operational costs.

IPO Proceeds Utilization

The company disclosed the utilization of its Initial Public Offer (IPO) proceeds as of June 30, 2026. A total of ₹38.61 crore has been utilized out of the ₹54.12 crore raised, leaving an unutilized amount of ₹15.51 crore. This unutilized balance is temporarily invested in fixed deposits with ICICI Bank in compliance with regulatory requirements.

The company confirmed that the utilization of IPO proceeds aligns with the objects stated in the prospectus, with no material deviations requiring disclosure under SEBI regulations.

What the Numbers Show

The significant jump in other income from ₹3.24 lakh to ₹66.12 lakh warrants attention, as it contributed disproportionately to the top-line growth compared to operational revenue. While revenue grew 40%, the surge in other income suggests non-operational gains played a role in boosting total income by 43%. Additionally, the reduction in inventory levels (credit of ₹1.74 crore) helped lower total expenses relative to material consumption, supporting the 44% rise in net profit despite a 41% increase in total expenses.

Msafe Equipments Limited has scheduled its earnings conference call for the first quarter of fiscal year 2027 (Q1FY27) on Tuesday, August 11, 2026, at 4:00 PM IST. The management team will discuss the company's operational and financial performance for the quarter, providing key insights into its business trajectory and strategic initiatives for stakeholders.

The announcement was made pursuant to Regulation 30(6) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, read with Para A of Part A of Schedule III. In compliance with Regulation 46, the schedule for the earnings call has been uploaded to the investor section of the company's website, www.msafegroup.com , ensuring transparency and accessibility for all market participants.

Management Participation

Senior leadership from Msafe Equipments Limited will be present to address queries from analysts and investors during the conference call. The management representatives include:

Conference Call Access Details

Participants can join the earnings call using the access details provided below. Prior registration is required for entry into the virtual meeting platform.

For further information or assistance regarding the conference call, investors may contact Mrs. Renuka Uniyal, Company Secretary, at +91 9205050964 or via email at cs@msafegroup.com . Alternatively, the Moonwalk Capital IR Team can be reached at +91 7014618970 or investorrelations@moonwalkcapitaladvisors.com .