SBEC Systems FY26 profit falls 38% to ₹151.26 lakh
SBEC Systems (India) Limited reported a 38% decline in FY26 net profit to ₹151.26 lakh, driven by a rise in finance costs to ₹217.79 lakh. Total income increased to ₹394.80 lakh, while revenue from operations rose marginally to ₹345.99 lakh. The audited results, approved by the Board on May 29, 2026, show an EPS of ₹1.51 for the year.

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SBEC Systems (India) Limited reported a net profit of ₹151.26 lakh for the financial year ended March 31, 2026, a decline of 38% from ₹243.78 lakh in the previous year. The decrease was primarily due to a significant rise in finance costs, which increased to ₹217.79 lakh from ₹118.68 lakh in FY25. Total income for the year rose to ₹394.80 lakh, compared to ₹376.91 lakh in the prior year, supported by interest income on finance lease rent which grew to ₹82.72 lakh from ₹30.26 lakh. For the quarter ended March 31, 2026, the company posted a net profit of ₹177.42 lakh.
Financial Performance
The board approved the audited standalone and consolidated financial results for the quarter and year ended March 31, 2026. Revenue from operations for the year stood at ₹345.99 lakh, slightly higher than the ₹325.29 lakh recorded in the prior year. Total expenses increased significantly to ₹381.97 lakh in FY26 from ₹205.32 lakh in FY25. The company’s earnings per share (EPS) for the year ended March 31, 2026, stood at ₹1.51, down from ₹2.44 in the previous year. The basic and diluted EPS for the quarter ended March 31, 2026, was reported at ₹1.77.
Segment Results
The company operates through two primary segments: Technical Services/Consultancy Services and Solar Power Generation. The Solar Power Generation unit reported a profit before tax of ₹64.85 lakh for the year, while the Technical Services segment recorded a loss before tax of ₹52.02 lakh. Total segment assets were reported at ₹2,993.02 lakh as of March 31, 2026.
Board Decisions
In addition to the financial results, the Board re-appointed M/s. Sarat Jain & Associates, Chartered Accountants, as the Internal Auditor of the company for the financial years 2026-27. The meeting was held on May 29, 2026, and commenced at 4:40 p.m., concluding at 5:00 p.m.
Auditor's Report
Thakur, Vaidyanath Aiyer & Co., Chartered Accountants, audited the standalone and consolidated financial results. The auditors issued an unmodified opinion, stating that the results give a true and fair view of the company's financial performance in conformity with Indian Accounting Standards (Ind AS). The report noted that the net worth of the associate company, SBEC Sugar Limited, has been completely eroded, and consolidation of loss on the basis of the equity method is no longer required.
| Financial Metric (₹ in Lakhs) | Year Ended 31.03.2026 | Year Ended 31.03.2025 |
|---|---|---|
| Total Income | 394.80 | 376.91 |
| Revenue from Operations | 345.99 | 325.29 |
| Total Expenses | 381.97 | 205.32 |
| Profit Before Tax | 12.83 | 171.59 |
| Net Profit | 151.26 | 243.78 |
| Earnings Per Share (Basic) | 1.51 | 2.44 |
Historical Stock Returns for SBEC Systems
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +2.28% | -2.72% | -0.68% | -23.20% | -5.35% | +281.48% |
What strategies will management implement to curb the rising finance costs that significantly impacted FY26 profitability?
Does the company plan to divest from or restructure the loss-making Technical Services segment to improve overall margins?
How will the complete erosion of net worth at SBEC Sugar Limited impact the company's future investment and consolidation strategies?


































