Simmonds Marshall published its audited financial results for the quarter and year ended March 31, 2026, in newspapers on May 15, 2026. The board had previously approved these results on May 14, 2026. The company reported a strong improvement in its standalone financials for the year ended March 31, 2026.

Standalone Financial Performance

The following table presents key standalone financial metrics:

On a standalone basis, revenue from operations for the full year stood at Rs. 22,284.05 lakhs, up from Rs. 19,315.58 lakhs in the previous year. Profit before tax rose sharply to Rs. 1,638.17 lakhs from Rs. 895.75 lakhs, while net profit for the year came in at Rs. 1,478.86 lakhs against Rs. 895.75 lakhs in the prior year. Tax expenses for the year included a current tax of Rs. 24.70 lakhs and a deferred tax of Rs. 134.61 lakhs. The company's paid-up equity capital remained unchanged at Rs. 224.00 lakhs, with other equity standing at Rs. 5,608.93 lakhs as of March 31, 2026.

Consolidated Financial Performance

On a consolidated basis — encompassing Simmonds Marshall Limited (Holding Company) and its subsidiary Stud India (a partnership firm) — the group delivered similarly robust results. Key consolidated metrics are presented below:

Consolidated revenue from operations for the full year reached Rs. 23,806.69 lakhs, compared to Rs. 20,759.59 lakhs in the prior year. Consolidated profit before tax for the year was Rs. 1,648.20 lakhs versus Rs. 898.47 lakhs previously, and net profit stood at Rs. 1,479.09 lakhs. Profit attributable to owners of the company for the year was Rs. 1,478.86 lakhs, while non-controlling interests accounted for Rs. 0.23 lakhs. The consolidated results include the audited financial results of subsidiary Stud India, which reported total assets of Rs. 952.65 lakhs as at March 31, 2026, total income of Rs. 1,735.95 lakhs for the year, and net profit after other comprehensive income of Rs. 22.54 lakhs for the year.

Balance Sheet Highlights

The standalone and consolidated statements of assets and liabilities as at March 31, 2026 reflect the following key positions:

Notably, standalone current liabilities declined significantly to Rs. 4,865.87 lakhs from Rs. 6,726.35 lakhs, driven primarily by a reduction in short-term borrowings from Rs. 2,910.14 lakhs to Rs. 1,279.65 lakhs. Total equity on a standalone basis improved to Rs. 5,832.93 lakhs from Rs. 4,397.61 lakhs, reflecting the year's strong profitability.

Cash Flow Summary

The standalone cash flow statement for the year ended March 31, 2026 showed net cash generated from operating activities of Rs. 3,131.98 lakhs, compared to Rs. 1,618.37 lakhs in the prior year. Net cash used in investing activities stood at Rs. 212.01 lakhs, while net cash used in financing activities was Rs. 2,918.03 lakhs, resulting in a net increase in cash and cash equivalents of Rs. 1.94 lakhs. On a consolidated basis, net cash from operating activities was Rs. 3,152.06 lakhs, net cash used in investing activities was Rs. 239.06 lakhs, and net cash used in financing activities was Rs. 2,918.03 lakhs, with consolidated cash and cash equivalents closing at Rs. 5.26 lakhs.

Dividend and Corporate Actions

The board recommended a final dividend of Rs. 0.80 per equity share of face value Rs. 2 each, representing 40% of the face value, for the financial year ended March 31, 2026. This recommendation is subject to approval by members at the forthcoming 66th Annual General Meeting. The disclosure regarding the book closure/record date and the date of the AGM will be made in due course. Additionally, the board approved the re-appointment of M/s. Kirtane & Pandit LLP (FRN: 105215W/W100057) as Internal Auditors of the company for FY 2026-27, on the recommendation of the Audit Committee. The re-appointment is effective from April 01, 2026 to March 31, 2027.

Auditor's Report and Compliance

Statutory auditors Lodha & Co LLP, Chartered Accountants (Firm Registration No. 301051E/E300284), issued audit reports with an unmodified opinion on both the standalone and consolidated audited financial results for the quarter and year ended March 31, 2026, as declared by Managing Director N. S. Marshall (DIN: 00085754) pursuant to Regulation 33(3)(d) of the SEBI (LODR) Regulations, 2015. The company operates in a single reportable business segment — manufacturing of industrial fasteners — with all operations and assets located in India. The board meeting commenced at 12:45 PM and concluded at 2:00 PM on May 14, 2026. The full financial results are available on the BSE website at www.bseindia.com and on the company's website at www.simmondsmarshall.com .

Simmonds marshall has announced the completion of tenure of its Independent Director Ms. Amrita Chowdhury, effective March 31, 2026. The company informed BSE Limited about this corporate governance development in compliance with regulatory requirements.

Director Tenure Completion Details

Ms. Amrita Chowdhury (DIN: 02178520) completed her second and final term as an Independent Director and consequently ceased to be a Director of the company with effect from the close of business hours on March 31, 2026. The cessation marks the end of her tenure in accordance with the prescribed term limits for independent directors.

Regulatory Compliance

The disclosure was made pursuant to Regulation 30 read with Clause 7 of Para A of Part A of Schedule III of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company also referenced SEBI Circular No. HO/49/14/14(7)2025-CFD-POD2/1/3762/2026 dated January 30, 2026 in its filing.

Board Acknowledgment

The Board of Directors and Management expressed deep appreciation and gratitude to Ms. Amrita Chowdhury for her extensive contribution and stewardship during her tenure as Independent Director. The company has made the information available on its website at www.simmondsmarshall.com as part of its transparency commitments.

The announcement was signed by N S Marshall, Managing Director (DIN: 00085754), and filed with BSE under the company's security code 507998.