Sabrimala Industries Appoints Internal Auditor for FY 2026-27

1 min read     Updated on 22 May 2026, 01:09 AM
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Sabrimala Industries India Limited appointed M/s Rastogi Sunil & Associates as Internal Auditor for FY 2026-2027. The Board approved the appointment on May 21, 2026, ensuring compliance with the Companies Act, 2013, and SEBI regulations.

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Sabrimala Industries India Limited has appointed M/s Rastogi Sunil & Associates as its Internal Auditor for the financial year 2026-2027. The decision was taken by the Board of Directors during a meeting held on May 21, 2026. The appointment is effective immediately and covers the internal audit functions for the upcoming fiscal year.

The firm, registered with the Firm Registration No. 512906C, will be responsible for conducting the internal audit of the company and furnishing the Internal Audit Report. This move is in compliance with Section 138 of the Companies Act, 2013, and the requirements under the SEBI (Listing Obligations and Disclosures Requirements) Regulation, 2015.

Details of the Appointment

The appointment follows the provisions of Regulation 30 read with Schedule III of the SEBI Listing Regulations. The relevant details regarding the appointment have been disclosed in accordance with SEBI circulars dated July 11, 2023, and January 30, 2026.

Auditor Profile

M/s Rastogi Sunil & Associates is a firm of Chartered Accountants with experience in internal audit, statutory audit, taxation, accounting, financial consultancy, and corporate advisory services. The firm is based in New Delhi.

Particulars Details
Name of the Auditor M/s Rastogi Sunil & Associates
Firm Registration No. 512906C
Office Address 144, Vikasdeep Building, Laxmi Nagar District Centre
Email RSAGroup123@gmail.com
Term of Appointment Financial Year 2026-2027

The Board meeting, which commenced at 05:00 P.M. and concluded at 07:10 P.M. on May 21, 2026, also reviewed other regulatory compliance matters. The company has requested the stock exchanges to take the information on their records.

Historical Stock Returns for Sabrimala Industries

1 Day5 Days1 Month6 Months1 Year5 Years
+1.97%+10.24%+5.98%-6.73%+52.73%+198.93%

How might the findings from M/s Rastogi Sunil & Associates' internal audit for FY 2026-2027 influence Sabrimala Industries' corporate governance ratings and investor confidence?

Will Sabrimala Industries consider extending the appointment of M/s Rastogi Sunil & Associates beyond FY 2026-2027, or is the company likely to rotate its internal auditor in line with best governance practices?

What specific operational or financial risk areas within Sabrimala Industries are likely to be prioritized during the upcoming internal audit cycle?

Sabrimala FY26 Net Profit Rises to ₹33.57 Lakh

2 min read     Updated on 22 May 2026, 01:07 AM
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Sabrimala Industries India Limited announced its audited financial results for the year ended March 31, 2026, reporting a standalone net profit of ₹33.57 lakh, a significant increase from ₹8.61 lakh in the previous year. Total income for the year rose to ₹83.92 lakh, primarily driven by other income, while total expenses increased to ₹37.92 lakh. However, the company posted a net loss of ₹5.67 lakh for the quarter ended March 31, 2026. On a consolidated basis, net profit for the year stood at ₹33.49 lakh compared to ₹46.16 lakh in FY25. The Board of Directors approved the results on May 21, 2026, and the statutory auditors issued an unmodified opinion.

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Sabrimala Industries India Limited announced its audited standalone and consolidated financial results for the quarter and financial year ended March 31, 2026. The Board of Directors approved the results during a meeting held on May 21, 2026. The statutory auditors, Suresh & Associates, provided an unmodified opinion on the financial statements, confirming compliance with Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Standalone Financial Performance

For the financial year ended March 31, 2026, the company reported a total income of ₹83.92 lakh, up from ₹19.96 lakh in the previous year. Revenue from operations stood at ₹0.24 lakh, while other income contributed ₹83.68 lakh. Total expenses for the year increased to ₹37.92 lakh from ₹5.34 lakh in the prior year. Consequently, the net profit for the period rose to ₹33.57 lakh compared to ₹8.61 lakh in FY25.

In the quarter ended March 31, 2026, the company reported a total income of ₹20.66 lakh. However, total expenses of ₹25.64 lakh led to a net loss of ₹5.67 lakh for the quarter. The basic and diluted earnings per share (EPS) for the quarter were reported at (₹0.07), while for the full year, the EPS stood at ₹0.39.

Consolidated Financial Results

On a consolidated basis, the company reported a net profit of ₹33.49 lakh for the year ended March 31, 2026, compared to ₹46.16 lakh in the previous year. Total income for the year was ₹83.92 lakh, with other income accounting for ₹83.68 lakh. Total expenses increased to ₹38.02 lakh from ₹20.11 lakh in the corresponding period of the previous year.

For the quarter ended March 31, 2026, the consolidated net loss was reported at ₹5.75 lakh. Total income for the quarter stood at ₹20.66 lakh against total expenses of ₹25.74 lakh. The consolidated basic and diluted EPS for the quarter were (₹0.07), while for the full year, it was ₹0.38.

Financial Position and Cash Flows

As of March 31, 2026, the company's total standalone assets stood at ₹1,187.53 lakh, comprising total equity of ₹719.09 lakh and total liabilities of ₹468.44 lakh. Cash and bank balances decreased to ₹27.35 lakh from ₹88.53 lakh at the end of the previous year. The net cash flow from operating activities for the year was negative at ₹90.63 lakh, while investing activities generated a net cash flow of ₹30.70 lakh.

Metric Standalone FY26 (₹ in Lakhs) Standalone FY25 (₹ in Lakhs) Consolidated FY26 (₹ in Lakhs) Consolidated FY25 (₹ in Lakhs)
Total Income 83.92 19.96 83.92 80.66
Total Expenses 37.92 5.34 38.02 20.11
Net Profit / (Loss) 33.57 8.61 33.49 46.16
Total Assets 1,187.53 1,207.38 1,196.62 1,216.57
Total Equity 719.09 685.53 727.59 694.11

The company noted that there were no investor complaints pending as of March 31, 2026. The financial results have been prepared in accordance with Indian Accounting Standards (Ind AS).

Historical Stock Returns for Sabrimala Industries

1 Day5 Days1 Month6 Months1 Year5 Years
+1.97%+10.24%+5.98%-6.73%+52.73%+198.93%

Given that revenue from operations was only ₹0.24 lakh while other income contributed ₹83.68 lakh, what is Sabrimala Industries' strategy to build sustainable core business revenues in FY27?

With negative operating cash flow of ₹90.63 lakh and cash reserves declining sharply from ₹88.53 lakh to ₹27.35 lakh, how will the company fund its operational requirements in the near term?

Since consolidated net profit declined from ₹46.16 lakh to ₹33.49 lakh despite higher total income, what cost optimization measures is the management considering to address the rising expense trajectory?

More News on Sabrimala Industries

1 Year Returns:+52.73%