Simmonds Marshall Q1 Results: Net profit rises 82% YoY

1 min read Updated on 11 Aug 2026, 06:39 PM

Reviewed by

Anirudha BScanX News Team

AI Summary

Simmonds Marshall Limited posted a strong Q1FY26 with standalone net profit jumping 82% YoY to ₹3.67 crore. Total income rose 22% to ₹61.15 crore. The Board approved the results on August 7, 2026, highlighting improved profitability despite a slight sequential dip in revenue.

*this image is generated using AI for illustrative purposes only.

Simmonds Marshall reported a standalone net profit of ₹3.67 crore for the quarter ended June 30, 2026, an 82% increase from ₹2.01 crore in the corresponding period of FY25. The growth was driven by a 22% rise in total income to ₹61.15 crore from ₹50.20 crore year-on-year. Consolidated net profit remained stable at ₹3.67 crore, matching the standalone figure.

The Board of Directors approved the unaudited financial results on August 7, 2026, following review by the Audit Committee. The results were filed with the stock exchanges under Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company published the results in Navshakti and The Free Press Journal on August 9, 2026, complying with Regulation 47.

Financial Performance Highlights

Metric (₹ in Lakhs)	Standalone Q1FY26	Standalone Q1FY25	Standalone QoQ	Consolidated Q1FY26
Total Income	6,114.97	5,020.30	-1.5%	6,475.53
Net Profit Before Tax	510.20	223.51	-15.3%	383.61
Net Profit After Tax	367.08	201.26	-21.2%	367.15
EPS (Basic & Diluted)	₹3.42	₹2.00	-13.4%	₹3.42

Total income declined slightly quarter-on-quarter to ₹61.15 crore from ₹62.05 crore in Q4FY26. However, the year-on-year expansion indicates improved operational momentum. Pre-tax profits before exceptional items stood at ₹5.10 crore, compared to ₹2.24 crore in Q1FY25. The company reported no exceptional items in the current quarter, whereas the prior year period also showed none.

What the Numbers Show

The divergence between revenue growth and profit margins suggests operational leverage. While total income grew 22% year-on-year, net profit after tax surged 82%, indicating that cost controls or mix shifts contributed significantly to bottom-line improvement. The earnings per share increased to ₹3.42 from ₹2.00, reflecting the enhanced profitability per equity share. The equity share capital remains unchanged at ₹3.69 crore with a face value of ₹2 each.

Consolidated figures mirrored standalone performance closely, with total income at ₹64.76 crore and net profit at ₹3.67 crore. This alignment implies minimal impact from associates or joint ventures on the consolidated bottom line. The total comprehensive income after tax was reported at ₹2.24 crore for both standalone and consolidated entities, consistent across all periods presented.

Historical Stock Returns for Simmonds Marshall

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
-0.88%	-9.88%	+5.03%	+25.48%	+48.66%	+365.53%

What specific operational cost controls or product mix shifts drove the 82% surge in net profit despite only a 22% increase in total income?

How does management plan to sustain this improved operational leverage in Q2FY26 given the slight quarter-on-quarter decline in total income?

Will Simmonds Marshall announce any dividend payouts or buyback plans following this significant improvement in standalone profitability?

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Simmonds Marshall appoints Joshi Apte & Associates as Cost Auditors

1 min read Updated on 07 Aug 2026, 07:16 PM

Reviewed by

Riya DScanX News Team

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Simmonds Marshall Limited appointed M/s. Joshi Apte & Associates as Cost Auditors for FY 2026-27 on August 7, 2026. The term runs from April 1, 2026, to March 31, 2027. Remuneration requires member ratification at the AGM. The firm brings expertise in cost audits and ERP implementation across India.

*this image is generated using AI for illustrative purposes only.

Simmonds Marshall has appointed M/s. Joshi Apte & Associates (FRN: 000240) as its Cost Auditors for the financial year 2026-27. This appointment ensures independent verification of the company's cost records and compliance with statutory requirements under the Companies Act. The firm’s remuneration for these services remains subject to ratification by shareholders at the upcoming Annual General Meeting.

The appointment was formalized on August 7, 2026, by N. S. Marshall, Managing Director of Simmonds Marshall Limited. The disclosure was made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, read with Clause 7 of Part A of Scheduled III. Additionally, the company complied with SEBI Circular HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026, which mandates specific disclosures regarding the appointment of cost auditors.

Appointment Details

The engagement covers a period of one year, commencing from April 1, 2026, and concluding on March 31, 2027. M/s. Joshi Apte & Associates is a leading cost accounting firm in India with offices in Mumbai, Pune, Surat, Indore, and Delhi. The firm serves more than 100 clients nationwide and possesses extensive experience in cost audit, cost record maintenance, costing system implementation, internal audit, income tax certifications, stock audits, and ERP implementation, including SAP systems.

Particulars	Details
Appointed Firm	M/s. Joshi Apte & Associates
FRN	000240
Financial Year	2026-27
Effective Period	April 01, 2026 to March 31, 2027
Date of Appointment	August 07, 2026

Regulatory Compliance

Simmonds Marshall Limited submitted this disclosure to BSE Limited, where it is listed under Scrip Code 507998. The company confirmed that there are no relationships between the directors and the appointed cost auditors that would compromise independence. The appointment replaces any prior cost auditor arrangements for the specified financial year, ensuring continuity in statutory compliance.

This move aligns with standard corporate governance practices, providing stakeholders with assurance regarding the accuracy and integrity of the company's cost accounting records. The final approval of the auditor's fees will be sought during the Annual General Meeting, adhering to procedural norms set forth in the SEBI LODR Regulations.

Historical Stock Returns for Simmonds Marshall

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
-0.88%	-9.88%	+5.03%	+25.48%	+48.66%	+365.53%

How might the appointment of Joshi Apte & Associates, with its extensive ERP and SAP implementation experience, influence Simmonds Marshall's operational efficiency or cost structure in the coming fiscal year?

What specific cost optimization strategies or compliance challenges is Simmonds Marshall likely prioritizing for FY 2026-27 that necessitated selecting a firm with multi-city presence across India?

Could the ratification of the auditor's remuneration at the upcoming AGM signal any significant changes in the company's approach to corporate governance or audit fees compared to previous years?