Shri Balaji Valve Components Ltd has resubmitted its audited financial results for the year ended March 31, 2026, to BSE Ltd following a discrepancy notice. The exchange observed that the declaration submitted earlier was unsigned. The company confirmed that the financial figures remain unchanged from the original submission dated May 23, 2026, and only the requisite signature was added in compliance with Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Financial Performance Overview

For the full year ended March 31, 2026, the company's net profit stood at ₹855.95 lakh, an increase from ₹650.45 lakh in the previous fiscal year. This growth was supported by a rise in total income, which reached ₹9,834.07 lakh, up from ₹8,235.84 lakh in the corresponding period last year. Revenue from operations alone grew to ₹9,680.71 lakh from ₹8,100.71 lakh.

The company also reported a profit before tax of ₹1,149.08 lakh for FY26, compared to ₹881.35 lakh in the prior year. Earnings per share (EPS) on a basic and diluted basis improved to ₹10.49 from ₹7.97 in the previous year.

Segment-wise and Expense Analysis

Total expenses for the year increased to ₹8,685.00 lakh from ₹7,354.93 lakh in FY25. The cost of raw materials and consumables consumed was ₹6,032.27 lakh, while employee benefit expenses rose to ₹1,699.41 lakh. Finance costs for the period were recorded at ₹138.55 lakh, a decrease from the previous year's ₹156.64 lakh.

Balance Sheet and Cash Flows

As of March 31, 2026, the company's total assets stood at ₹9,673.17 lakh, a rise from ₹7,771.41 lakh in the previous year. Shareholders' funds increased to ₹5,290.32 lakh, driven by reserves and surplus which grew to ₹4,474.32 lakh. The cash and cash equivalents balance at the end of the fiscal year was ₹412.19 lakh.

The statutory auditors, Kishor Gujar & Associates, issued an unmodified opinion on the financial results. The report confirms that the results give a true and fair view of the company's financial performance for the half-year and year ended March 31, 2026.

Shri Balaji Valve Components Limited has appointed M/s KSRK & Associates as its Internal Auditor for the financial year 2026-2027. The decision was approved by the company's Board of Directors during a meeting held on May 23, 2026.

The appointment follows the regulations outlined in SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The firm will serve as the Internal Auditor for the duration of the upcoming financial year.

Appointment Details

The Board approved the engagement of M/s KSRK & Associates, a firm of Practicing Chartered Accountants. The disclosure regarding the appointment was made under Regulation 30 of the Listing Regulations.

Firm Profile

M/s KSRK & Associates is a Practicing Chartered Accountant firm. The firm provides preliminary work in the areas of Audit, Taxation, Business Modelling, and other commercial and accounting aspects of business operations. The firm is registered with the Registration Number 521130.