Shyam Century Ferrous Limited reported a net loss of ₹80.95 lakh for the first quarter ended June 30, 2026 (Q1FY26), a significant improvement from the ₹402.80 lakh loss recorded in the same period last year. The company, which ceased its core ferro silicon manufacturing operations in May 2025, continues to operate as a going concern sustained by interest income from its investment portfolio. Shareholders are advised that the Register of Members and Share Transfer Books will remain closed from September 19, 2026, to September 25, 2026, ahead of the 15th Annual General Meeting (AGM) scheduled for September 25, 2026.

The unaudited standalone financial results were reviewed by the Audit Committee and approved by the Board of Directors on August 6, 2026, pursuant to Regulation 33 and Regulation 47 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The Statutory Auditors have completed the audit of these results. The company’s management confirmed that despite the operating losses, sufficient liquid assets exist to meet liabilities, and there is no intention to liquidate the entity.

Financial Performance Overview

Total income from discontinued operations stood at ₹279.46 lakh in Q1FY26, compared to ₹1,618.13 lakh in Q1FY25. Revenue from operations, comprising only the sale of raw materials, fell sharply to ₹32.88 lakh from ₹1,419.46 lakh year-over-year. However, other income rose to ₹246.58 lakh from ₹198.67 lakh, driven by gains in the investment portfolio. Total expenses were ₹314.31 lakh, resulting in a pre-tax loss of ₹34.85 lakh. After accounting for a deferred tax charge of ₹46.10 lakh, the net loss widened to ₹80.95 lakh.

While the net loss improved significantly, total comprehensive income declined to ₹95.44 lakh from ₹675.50 lakh in Q1FY25. This divergence is attributed to volatility in fair value changes of equity investments, which contributed ₹202.78 lakh to other comprehensive income this quarter. Basic and diluted earnings per share stood at ₹(0.04), compared to ₹(0.19) in Q1FY25.

Corporate Actions and AGM Details

The Board approved the re-appointment of M/s. D. K. Chhajer & Co., Chartered Accountants, as Statutory Auditors for a five-year term from the conclusion of the 15th AGM until the 20th AGM. Additionally, M/s. K. Baldwa & Co., Chartered Accountants, were re-appointed as Internal Auditors for FY26-27. Both appointments are subject to shareholder approval at the upcoming AGM, which will be held via Video Conferencing at 2:00 p.m. on September 25, 2026. The Annual Report will be dispatched electronically to registered members.

Shyam Century Ferrous Limited has announced its audited financial results for the fourth quarter and fiscal year ended March 31, 2026. The Board of Directors approved the results during a meeting convened on May 22, 2026. The company, which ceased production at its manufacturing facility in May 2025, reported a narrowed net loss for the year compared to the previous fiscal period.

Financial Performance for FY26

For the year ended March 31, 2026, the company reported a net loss of ₹916.59 lakh. This represents a reduction from the net loss of ₹930.84 lakh recorded in the previous year ended March 31, 2025. Revenue from operations fell sharply to ₹2,240.21 lakh in FY26, down from ₹11,314.61 lakh in the prior year. The decline in operational revenue follows the strategic decision to discontinue the company's core manufacturing business.

Total income for the year stood at ₹3,077.79 lakh, a decrease from ₹12,107.56 lakh in the previous year. Other income, which includes interest from the company's investment portfolio, increased to ₹837.58 lakh from ₹792.95 lakh in the prior year. Total expenses for the year were reported at ₹4,333.44 lakh, significantly lower than the ₹13,077.59 lakh recorded in FY25.

Quarterly Results

In the quarter ended March 31, 2026, the company reported a net profit of ₹20.46 lakh. This contrasts with a net loss of ₹437.54 lakh in the corresponding quarter of the previous year. Revenue from operations for the quarter was ₹14.43 lakh, while total income stood at ₹176.84 lakh. Total expenses for the quarter amounted to ₹178.27 lakh.

Operational and Strategic Updates

The company ceased production at its manufacturing facility located in Meghalaya on May 7, 2025. Shareholder approval for the disposal of the manufacturing business was obtained on February 9, 2026. Consequently, the manufacturing assets have been classified as "Non-current assets held for sale". Despite the discontinuation of operations, the company's management affirmed its status as a going concern, citing a positive net worth and sufficient liquid assets to meet liabilities.

Financial Position

As of March 31, 2026, the company's total assets stood at ₹16,770.31 lakh. Investments constituted a significant portion of the non-current assets, valued at ₹10,955.61 lakh. Total equity was reported at ₹16,374.77 lakh, while total liabilities amounted to ₹395.54 lakh. The company holds a substantial investment portfolio to generate interest income, which is classified as "Other Income".

Key Financial Metrics

The following table summarizes the financial performance for the year and quarter ended March 31, 2026: