Sharp Chucks and Machines Limited has confirmed that its promoters and persons acting in concert have not created any encumbrance on the company's equity shares during the financial year 2025-26. This disclosure ensures that the shareholding structure remains free from undisclosed charges or pledges, providing clarity to investors regarding the ownership status. The declaration was submitted to the National Stock Exchange of India Limited on April 07, 2026.

The filing was made in compliance with Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. Ajay Sikka, Managing Director and Promoter of sharp chucks & machines , signed the declaration on behalf of the promoters and the promoter group. The disclosure covers the period ending March 31, 2026.

The company stated that no encumbrance was made directly or indirectly, other than those already disclosed. This regulatory filing is a mandatory annual requirement aimed at maintaining transparency in the shareholding patterns of listed entities. The confirmation of zero encumbrance indicates a stable pledge-free status for the promoter holdings during the specified financial year.

Key Disclosure Details

sharp chucks & machines reported a 15.7% rise in net profit to ₹919.01 lakh for the financial year ended March 31, 2026, compared to ₹794.38 lakh in the previous year. Revenue from operations increased 11.5% to ₹27,376.75 lakh from ₹24,553.13 lakh in FY25, driven by higher sales volume. The company’s earnings per share (EPS) stood at ₹7.09 for the year, up from ₹7.03 in the prior year.

The Board of Directors approved the standalone financial results for the fourth quarter and year ended March 31, 2026, in a meeting held on May 30, 2026. The results were reviewed and recommended by the Audit Committee. V.P. Bhalla & Associates, Chartered Accountants, issued an audit report with an unmodified opinion on the standalone financial results.

Total income for FY26 rose to ₹27,504.41 lakh from ₹24,622.52 lakh in the previous year. The company’s total expenses increased to ₹26,170.45 lakh from ₹23,591.57 lakh. Profit before tax for the year stood at ₹1,333.96 lakh, compared to ₹1,030.95 lakh in FY25.

Financial Performance

The company’s balance sheet as of March 31, 2026, showed total assets of ₹29,346.46 lakh, up from ₹25,153.62 lakh in the previous year. Shareholders' funds increased to ₹10,678.79 lakh from ₹7,923.77 lakh. The company reduced its long-term borrowings to ₹1,510.70 lakh from ₹1,924.89 lakh.

Key Financial Metrics (FY26)

Cash Flow and Liquidity

Net cash generated from operating activities for FY26 was ₹1,978.72 lakh, compared to a net usage of ₹1,172.76 lakh in the previous year. The company invested ₹2,357.05 lakh in investing activities, primarily in the purchase of property, plant, and equipment. Cash and cash equivalents at the end of the year stood at ₹51.66 lakh, up from ₹19.81 lakh at the beginning of the year.

The company confirmed that it did not raise any funds through public issue, preferential issue, or rights issue during the reporting quarter and year ending March 31, 2026. Consequently, the statement of deviation or variation under Regulation 32 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, is not applicable.