Promoter Satishkumar Asamal Mehta of sagardeep alloys declared that no shares were encumbered directly or indirectly by the promoter group during the financial year ended March 31, 2026. The disclosure was submitted to the National Stock Exchange of India Ltd. under Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. This regulatory filing ensures transparency regarding the pledging or hypothecation of shares by key stakeholders.

The declaration confirms that Mehta, along with other promoters, the promoter group, and persons acting in concert, maintained clear holdings throughout FY26. The filing, dated April 6, 2026, was addressed to the exchange and copied to the company and its Audit Committee. The absence of encumbrance indicates that the promoters did not use their shareholding as collateral for borrowing during the specified period.

Key Details of the Disclosure

The disclosure covers all entities falling under the definition of promoters, the promoter group, and persons acting in concert with them. This comprehensive declaration provides assurance to investors regarding the unencumbered status of the promoter's shareholding for the reported financial year.

sagardeep alloys has reported its audited standalone and consolidated financial results for the quarter and year ended March 31, 2026. The Board of Directors approved the results during a meeting held on May 22, 2026. The company's financial performance shows growth in both revenue and profitability for the fiscal year.

Consolidated Financial Performance

For the year ended March 31, 2026, the company reported a consolidated net profit of ₹268.70 lakh, an increase from ₹192.36 lakh in the previous year. Revenue from operations rose to ₹17,857.48 lakh from ₹12,547.43 lakh in FY25. Total comprehensive income for the year was recorded at ₹301.99 lakh.

For the quarter ended March 31, 2026, the net profit stood at ₹162.23 lakh, while revenue from operations was ₹7,044.54 lakh. The basic and diluted earnings per share (EPS) for the year were reported at ₹1.58, compared to ₹1.17 in the prior year.

Standalone Financial Results

On a standalone basis, Sagardeep Alloys Limited posted a net profit of ₹263.78 lakh for FY26, up from ₹183.61 lakh in the previous year. Revenue from operations for the year increased to ₹16,533.97 lakh from ₹10,316.99 lakh. The standalone EPS for the year was ₹1.55, compared to ₹1.08 in FY25.

The company's total assets as per the standalone balance sheet stood at ₹4,536.35 lakh as of March 31, 2026, while total equity and liabilities were recorded at ₹4,536.35 lakh.

Key Financial Metrics

The following table summarizes the key financial figures for the consolidated results for the year ended March 31, 2026:

Board Decisions

In addition to the financial results, the Board approved the resignation of M/s SJV & Associates as the Secretarial Auditor and the appointment of M/s Siddhi Shah & Associates as the new Secretarial Auditor for the financial year 2025-26. The statutory auditors issued an audit report with an unmodified opinion on the standalone and consolidated financial results.