Safety Controls & Devices net profit up 89% to ₹1,442.4 crore in FY26
- Net profit after tax jumped 89% to ₹1,442.4 crore in FY26
- Revenue from operations grew 14% to ₹11,701.5 crore
- AGM scheduled for September 26, 2026, in Lucknow
- Board approved re-appointment of Managing Director Rajnish Chopra
*this image is generated using AI for illustrative purposes only.
Safety Controls & Devices concluded its board meeting on August 31, 2026, approving the Annual Report for FY26 and fixing the date for its upcoming Annual General Meeting (AGM). The session focused on finalizing corporate governance structures and shareholder engagement timelines.
Financial Performance
The company reported a significant improvement in profitability for FY26. Revenue from operations rose 14.09% to ₹11,701.5 crore from ₹10,256.0 crore in the previous year. Net profit after tax surged 88.69% to ₹1,442.4 crore compared to ₹764.4 crore in FY25. Total income increased to ₹11,805.9 crore from ₹10,350.2 crore.
| Metric | FY26 (₹ crore) | FY25 (₹ crore) | Change |
|---|---|---|---|
| Revenue from Operations | 11,701.5 | 10,256.0 | +14.09% |
| Net Profit After Tax | 1,442.4 | 764.4 | +88.69% |
| Total Income | 11,805.9 | 10,350.2 | +14.06% |
AGM Schedule and Logistics
The board has fixed September 26, 2026, as the date for the AGM, to be held at Hotel Clarks Avadh in Lucknow. Shareholders can participate in remote e-voting via National Securities Depository Limited (NSDL) between September 23 and September 25, 2026.
| Event | Date/Time |
|---|---|
| Cut-off Date | September 19, 2026 |
| Remote E-Voting Start | September 23, 2026, 9:00 am |
| Remote E-Voting End | September 25, 2026, 5:00 pm |
| AGM Date | September 26, 2026 |
| AGM Time | 4:00 pm |
CS Sukhmendra Kumar of MMA & Partners was appointed as the Scrutinizer to oversee the voting process.
Governance and Appointments
Key governance decisions included:
- Re-appointment of Mr. Rajnish Chopra as Managing Director, subject to shareholder approval.
- Fixation of remuneration for Company Secretary Shiva Nigam, effective July 1, 2026.
- Appointment of MMA & Partners as Secretarial Auditors for a five-year term.
- Approval of related-party transactions for FY26-27.
Corporate Social Responsibility Updates
The board reviewed CSR activities for FY25-26 and approved the Revised CSR Policy effective from FY26-27. This includes the Annual Action Plan (AAP) and proposed expenditure for the next fiscal year, as recommended by the CSR Committee.
What the Numbers Show
The surge in net profit outpaced revenue growth, indicating improved operational efficiency or margin expansion during FY26. The appointment of a long-term secretarial auditor signals a focus on sustained compliance oversight, while the specific AGM dates provide clarity for investor participation in the approval of FY26 results.
Historical Stock Returns for Safety Controls & Devices
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -1.55% | -6.17% | -5.70% | -18.99% | -18.99% | -18.99% |
Will the significant margin expansion driving the 88% profit surge be sustainable in FY27 given potential input cost inflation?
How might the re-appointment of Mr. Rajnish Chopra influence the company's strategic roadmap for international expansion?
What specific initiatives are included in the Revised CSR Policy for FY26-27, and how do they align with emerging ESG investor criteria?
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