Saint-Gobain Sekurit India Limited has announced its audited financial results for the quarter and financial year ended March 31, 2026, reporting a significant rise in profitability. The company's net profit for the year increased by 27.3% to ₹4,579.92 lakh, compared to ₹3,598.22 lakh in the previous year. Revenue from operations climbed to ₹24,299.30 lakh from ₹20,841.38 lakh in the prior year. The audited financial results were reviewed by the Audit Committee and approved by the Board of Directors at their meeting held on May 15, 2026, in accordance with Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Financial Performance

The total income for the year stood at ₹25,450.88 lakh, up from ₹22,055.26 lakh in the corresponding period last year. Total expenses for the year rose to ₹19,488.63 lakh from ₹17,321.08 lakh previously. Profit before tax was recorded at ₹5,962.25 lakh, compared to ₹4,734.18 lakh in the prior year. The earnings per share (EPS), both basic and diluted, improved to ₹5.03 from ₹3.95 in the prior year. The company operates in the business of "Automotive Glass," which constitutes a single reportable business segment under Ind AS 108.

The following table summarises the key financial metrics for the year:

Quarterly Performance

For the quarter ended March 31, 2026, the company reported a net profit of ₹1,311.30 lakh, up from ₹1,000.28 lakh in the same quarter of the previous year. Revenue from operations for the quarter was ₹6,619.79 lakh, compared to ₹5,387.21 lakh in the corresponding quarter of the prior year. Profit before tax for the quarter stood at ₹1,608.97 lakh, against ₹1,308.81 lakh previously. Total comprehensive income for the quarter was ₹1,340.11 lakh, compared to ₹982.14 lakh in the same quarter last year.

Balance Sheet Highlights

As at March 31, 2026, the company's total assets stood at ₹29,147.62 lakh, up from ₹25,280.97 lakh as at March 31, 2025. Total equity increased to ₹24,320.20 lakh from ₹21,574.73 lakh, comprising equity share capital of ₹9,110.57 lakh and other equity of ₹15,209.63 lakh. Current investments rose to ₹19,980.41 lakh from ₹14,380.81 lakh, while cash and cash equivalents stood at ₹271.06 lakh compared to ₹499.12 lakh in the prior year.

Cash Flow Summary

Net cash generated from operating activities for the year was ₹3,339.32 lakh, compared to ₹2,800.83 lakh in the prior year. Net cash used in investing activities was ₹1,717.53 lakh, against ₹849.95 lakh previously, primarily on account of purchases of current investments. Net cash used in financing activities was ₹1,849.85 lakh, which included dividend paid (including TDS) of ₹1,809.45 lakh. The net decrease in cash and cash equivalents for the year was ₹228.06 lakh, with closing cash and cash equivalents at ₹271.06 lakh.

Dividend Declaration and Corporate Governance

The Board of Directors has recommended a dividend of ₹2.5 per equity share (25% of face value of ₹10 each) for the financial year ended March 31, 2026, subject to the approval of shareholders at the ensuing Annual General Meeting (AGM). The company has fixed Wednesday, July 15, 2026, as the record date for determining the entitlement of members to receive the dividend. If approved at the AGM, payment of the dividend will be made on or from Thursday, August 4, 2026, to eligible beneficial owners and members holding shares in physical form as of the close of business hours on the record date.

The 53rd AGM of the company is scheduled to be held on Thursday, July 30, 2026, through Video Conferencing (VC) or Other Audio Visual Means (OAVM). The statutory auditors, M/s. Deloitte Haskins & Sells LLP, issued an unmodified opinion on the financial results for the year ended March 31, 2026. Additionally, the company has recognised ₹6.27 lakh as statutory impact of the New Labour Code towards additional gratuity liability, classified as past service cost, due to the revised definition of wages under the Labour Codes notified by the Government of India.

Saint Gobain Sekurit India Limited has announced the termination of its renewable energy agreements with Radiance MH Sunrise Thirteen Private Limited through mutual consent on April 9, 2026. The decision marks the end of a partnership that was established for sourcing solar power through dedicated generation facilities.

Agreement Details and Background

The terminated agreements consisted of both a Power Purchase Agreement and Share Subscription Agreement that were originally executed on August 6, 2025. These agreements were specifically designed for sourcing renewable energy through solar power generation and Intra-State Transmission System (InSTS) solar power generation plants.

Regulatory Compliance and Disclosure

The termination was disclosed in accordance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Saint-Gobain Sekurit India Limited had previously made intimations regarding these agreements on October 28, 2024, May 16, 2025, and August 6, 2025, maintaining transparency with stakeholders throughout the agreement lifecycle.

The company's disclosure references the SEBI Master Circular bearing Ref. No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026, ensuring full compliance with current regulatory requirements. The formal communication was signed by Naresh Sharma, Company Secretary with Membership No. F7969.

Financial and Operational Impact

Saint-Gobain Sekurit India Limited has explicitly stated that the termination of these agreements will have no material impact on the company's financials or operations. This assessment suggests that the company has alternative arrangements in place or that the agreements represented a relatively small portion of its overall energy sourcing strategy.

The mutual consent nature of the termination indicates an amicable resolution between both parties, potentially allowing for future collaboration opportunities in the renewable energy sector. The company has ensured proper market disclosure protocols were followed in communicating this development to stakeholders.