Shree Steel Wire Ropes Ltd has closed its trading window for designated persons and their immediate relatives effective July 01, 2026. The restriction will remain in place until the expiry of 48 hours after the declaration of the unaudited financial results for the quarter ended June 30, 2026. This action is taken to comply with the Securities and Exchange Board of India (Prohibition of Insider Trading) Regulations, 2015 and the company's internal Code of Conduct for Regulating, Monitoring and Reporting of Trading by Insiders.

The closure of the trading window is a standard procedural measure implemented ahead of financial results announcements to prevent the misuse of unpublished price-sensitive information. The company stated that the specific date for the Board of Directors meeting to approve the unaudited financial results for the quarter ending June 30, 2026, will be communicated separately in due course.

Key Details

The communication was addressed to the Listing Department of BSE Limited, confirming the scrip code as 513488. The company's administrative office is located in Chembur, Mumbai.

Shree Steel Wire Ropes Limited returned to profitability in the fourth quarter of FY26, reporting a net profit of ₹3.70 lakh. This marks a significant turnaround from the net loss of ₹21.68 lakh recorded in the corresponding quarter of the previous year. Revenue from operations for the quarter stood at ₹189.14 lakh, while total revenue was ₹189.14 lakh. For the full financial year ended March 31, 2026, the company reported a net loss of ₹62.06 lakh on a total revenue of ₹511.58 lakh.

Financial Performance

The company’s operational efficiency improved during the quarter, with total expenses decreasing to ₹189.10 lakh from ₹340.14 lakh in the year-ago period. Employee benefits expenses for the quarter were ₹50.21 lakh, and depreciation and amortization expenses stood at ₹7.33 lakh. The basic and diluted earnings per share (EPS) for the quarter were ₹0.11, compared to a loss of ₹0.65 per share in the same period last year.

Key Financial Metrics (₹ in Lakhs)

Board Decisions and Appointments

The Board of Directors met on May 27, 2026, to approve the audited standalone financial results for the quarter and year ended March 31, 2026. The audit report, issued by statutory auditor Chandak Agarwal & Co, contained an unmodified opinion. In compliance with Regulation 33(3)(d) of the SEBI (LODR) Regulations, 2015, the company confirmed that the audit reports on the annual audited financial results for the year ending March 31, 2026, carry an unmodified opinion.

Additionally, the Board approved the re-appointment of Praveen Chandak & Associates, Chartered Accountants, as the internal auditor for the financial year 2026-27. The firm is engaged in the field of Internal Audit, Bank Audit, Tax Audit, Statutory Audit, and GST Audit. The Board also considered and approved the appointment of Mrs. Jyoti Kashyap Padia as the Company Secretary and Compliance Officer of the company.