SIL Investments FY26 Consolidated Net Profit Rises 22% to ₹3,821 Lakh; Q4 Posts Net Loss
SIL Investments Limited reported a 22% rise in consolidated net profit to ₹3,821 lakh for the year ended March 31, 2026, with total consolidated income rising to ₹6,462 lakh. On a standalone basis, net profit grew to ₹3,289 lakh with total income of ₹5,301 lakh. The board recommended a dividend of ₹2.50 per equity share and approved unsecured loans totalling ₹225 crore to related party entities.

*this image is generated using AI for illustrative purposes only.
SIL Investments Limited has announced its audited standalone and consolidated financial results for the quarter and year ended March 31, 2026. The board of directors, at its meeting held on May 12, 2026, approved the results and recommended a dividend for the fiscal year. The statutory auditors, M/s. DMKH & Co., Chartered Accountants (FRN: 116886W), issued an audit report with an unmodified opinion on both standalone and consolidated financial results. The results were subsequently published in Business Standard (English – All edition) and Dainik Bhaskar (Hindi Daily – Jhalawar edition) pursuant to Regulation 47 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
Consolidated Annual Financial Performance
For the financial year ended March 31, 2026, SIL Investments reported a consolidated net profit of ₹3,821 lakh, compared to ₹3,128 lakh in the previous year, reflecting a growth of approximately 22%. Total consolidated income for the year rose to ₹6,462 lakh from ₹5,634 lakh in the prior year. Consolidated total expenses declined to ₹1,345 lakh from ₹1,445 lakh, reflecting improved cost management. Consolidated profit before tax stood at ₹5,117 lakh, up from ₹4,189 lakh in the previous year.
| Metric: | Year Ended 31 Mar '26 (₹ in Lakhs) | Year Ended 31 Mar '25 (₹ in Lakhs) |
|---|---|---|
| Total Income: | 6,462 | 5,634 |
| Total Expenses: | 1,345 | 1,445 |
| Profit Before Tax: | 5,117 | 4,189 |
| Net Profit: | 3,821 | 3,128 |
| Basic & Diluted EPS (₹): | 35.69 | 29.19 |
Q4 Consolidated Performance
On a consolidated basis, SIL Investments reported a net loss of ₹946 lakh in Q4, compared to a net loss of ₹288 lakh in the same quarter of the previous year. Consolidated total income for Q4 stood at ₹(542) lakh, against ₹96 lakh in the corresponding quarter of the prior year, primarily impacted by a net loss on fair value changes of ₹(1,023) lakh during the quarter.
| Metric: | Q4 FY26 (₹ in Lakhs) | Q4 FY25 (₹ in Lakhs) |
|---|---|---|
| Total Income: | (542) | 96 |
| Total Expenses: | 400 | 315 |
| Net Loss: | (946) | (288) |
Standalone Annual Financial Performance
On a standalone basis, the net profit for the year stood at ₹3,289 lakh, up from ₹2,649 lakh in the previous year. Standalone total income for the year was recorded at ₹5,301 lakh, compared to ₹4,583 lakh in the previous year. Standalone total expenses for the year were ₹984 lakh, compared to ₹1,158 lakh previously. Standalone profit before tax was ₹4,317 lakh against ₹3,425 lakh in the prior year. The standalone basic and diluted earnings per share for the year stood at ₹31.04, compared to ₹25.00 in the previous year. The standalone income comprised interest income of ₹1,256 lakh, dividend income of ₹3,694 lakh, net gain on fair value changes of ₹251 lakh, and other income of ₹100 lakh for the year.
| Metric: | Year Ended 31 Mar '26 (₹ in Lakhs) | Year Ended 31 Mar '25 (₹ in Lakhs) |
|---|---|---|
| Total Income: | 5,301 | 4,583 |
| Total Expenses: | 984 | 1,158 |
| Profit Before Tax: | 4,317 | 3,425 |
| Net Profit: | 3,289 | 2,649 |
| Basic & Diluted EPS (₹): | 31.04 | 25.00 |
Balance Sheet Highlights
On a consolidated basis, total assets stood at ₹2,85,722 lakh as at March 31, 2026, compared to ₹3,53,875 lakh as at March 31, 2025. Consolidated investments were ₹2,67,496 lakh, while other equity stood at ₹2,55,403 lakh. On a standalone basis, total assets were ₹2,18,301 lakh as at March 31, 2026, against ₹2,83,759 lakh in the prior year. Standalone investments stood at ₹2,02,873 lakh and other equity at ₹2,01,551 lakh. The paid-up equity share capital remained unchanged at ₹1,061 lakh (face value ₹10 per share) on both standalone and consolidated bases.
Cash Flow Summary
On a consolidated basis, net cash flow from operating activities for the year was ₹4,777 lakh, compared to ₹987 lakh in the previous year. Net cash flow from investing activities was ₹(4,739) lakh, while net cash flow from financing activities was ₹(265) lakh, primarily on account of dividend paid. Cash and cash equivalents at the end of the year stood at ₹1,152 lakh on a consolidated basis. On a standalone basis, net cash flow from operating activities was ₹811 lakh, compared to ₹4,168 lakh in the previous year. Cash and cash equivalents at the end of the year stood at ₹953 lakh on a standalone basis.
Dividend Declaration
The board has recommended a dividend of ₹2.50 per equity share of ₹10 each for the financial year ended March 31, 2026. This dividend is subject to the approval of shareholders at the ensuing 92nd Annual General Meeting. If approved, the payment will be made within the prescribed time after the conclusion of the meeting.
Corporate Approvals and Related Party Transactions
The board approved a proposal to grant unsecured loans to specific Qualified Bodies Corporate (QBCs), which are related parties of the company. The proposed loan amounts are detailed below:
| Proposed Borrower: | Amount Proposed (₹ in Crore) |
|---|---|
| Sutlej Textiles and Industries Limited: | 50.00 |
| Avadh Sugar & Energy Limited: | 50.00 |
| Magadh Sugar & Energy Limited: | 50.00 |
| Palash Securities Limited: | 25.00 |
| Cinnatollah Tea Limited: | 25.00 |
| Morton Foods Limited: | 25.00 |
These transactions are classified as Material Related Party Transactions under applicable provisions of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. They have been approved by the Audit Committee and are subject to shareholder approval. The transactions shall be undertaken in the ordinary course of business and on an arm's length basis.
SIL Investments Limited is a Non-Banking Financial Company (NBFC) registered with the Reserve Bank of India and is classified under the "Middle Layer" pursuant to Scale Based Regulations prescribed by the RBI. The company's business activity falls within a single primary business segment of 'Investments and Financing Activities'.
Historical Stock Returns for SIL Investments
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +0.30% | -4.02% | +4.33% | -23.40% | -28.43% | +89.74% |
How might the significant decline in total assets from ₹3,53,875 lakh to ₹2,85,722 lakh impact SIL Investments' capacity to expand its lending and investment portfolio in FY27?
Given the sharp Q4 FY26 consolidated net loss driven by fair value changes, how vulnerable is SIL Investments' earnings trajectory to continued market volatility in its investment portfolio?
What are the potential risks and governance implications of SIL Investments extending ₹225 crore in unsecured loans to related party entities, particularly if those borrowers face sectoral headwinds?


































