Singer India publishes audited financial results for FY26

1 min read     Updated on 29 May 2026, 09:03 AM
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AI Summary

Singer India Limited published its audited financial results for the quarter and financial year ended March 31, 2026, on May 28, 2026. The company reported a total income from operations of ₹56,435 lakh and a net profit of ₹1,276 lakh for FY26. The results were approved by the Board on May 27, 2026, and audited by B S R & CO. LLP.

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Singer India Limited has published its audited financial results for the quarter and financial year ended March 31, 2026. The company reported a total income from operations of ₹56,435 lakh for the year ended March 31, 2026, compared to ₹43,867 lakh in the previous year. Net profit for the period after tax stood at ₹1,276 lakh for FY26, an increase from ₹739 lakh in FY25.

The publication was made on May 28, 2026, in compliance with Regulation 47 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The results were advertised in The Financial Express (English, All Editions) and Jansatta (Hindi, Delhi Edition). The financial results were reviewed by the Audit Committee and approved by the Board of Directors on May 27, 2026.

Financial Performance

The table below summarizes the key financial metrics for the quarter and year ended March 31, 2026:

Particulars Quarter Ended 31-Mar-26 (Audited) Year Ended 31-Mar-26 (Audited)
Total Income from Operations (₹ in Lakhs) 16,855 56,435
Net Profit for the period after tax (₹ in Lakhs) 590 1,276
Earnings Per Share (Basic) (₹) 0.95 2.07

The statutory auditors, B S R & CO. LLP, issued an unmodified report on the audited financial results. The detailed results are available on the company's website and the stock exchange websites.

Rupinder Kaur, Company Secretary and Compliance Officer, submitted the communication to the stock exchanges, confirming that the clippings of the published advertisements were enclosed for the records of BSE Limited and the National Stock Exchange of India Ltd.

Historical Stock Returns for Singer

1 Day5 Days1 Month6 Months1 Year5 Years
+0.10%-0.45%-2.63%+1.59%+1.59%+1.59%

What strategic initiatives drove the significant 28% year-over-year growth in total income?

Can the company sustain this profit margin growth amid potential market volatility in FY27?

How does Singer India plan to allocate capital following the surge in net profitability?

Singer India reports ₹427.63 lakh in related party transactions

2 min read     Updated on 28 May 2026, 04:34 PM
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Singer India Limited disclosed related party transactions totaling ₹427.63 lakh for the half year ended March 31, 2026, pursuant to Regulation 23(9) of SEBI regulations. The transactions primarily include remuneration for senior management, sitting fees for independent directors, and employee share-based payment expenses.

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Singer India Limited disclosed related party transactions totaling ₹427.63 lakh for the half year ended March 31, 2026. The filing, submitted to the stock exchanges on May 27, 2026, details payments made to key managerial personnel and directors pursuant to Regulation 23(9) of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations 2015.

The majority of the transaction value was attributed to remuneration for senior management. Mr. Rakesh Khanna, Vice Chairman & Managing Director, accounted for ₹301.47 lakh, while Mr. Subhash Chand Nigral, Chief Financial Officer, received ₹36.48 lakh. Ms. Rupinder Kaur, the Company Secretary and Compliance Officer, was paid ₹8.21 lakh during the period.

Directors also received compensation through sitting fees and expense reimbursements. Independent directors Mr. Rajesh Relan, Mr. Sanil Duggal, and Mr. Hemant Sachdev received sitting fees totaling ₹4.86 lakh, ₹5.10 lakh, and ₹3.90 lakh respectively. Reimbursements for expenses were also recorded for Mr. Hetal Madhukant Gandhi (₹0.24 lakh) and Mr. Rajesh Relan (₹0.35 lakh).

Employee share-based payment expenses were recorded for several related parties, including Mr. Rakesh Khanna (₹40.00 lakh), Mr. Subhash Chand Nigral (₹12.95 lakh), and non-executive directors Mr. Hetal Madhukant Gandhi and Mr. Maneesh Mansingka (₹6.63 lakh each). The audit committee had not approved any specific value for these transactions prior to their occurrence, as indicated in the filing.

The following table summarizes the related party transactions for the half year ended March 31, 2026:

Sr. No. Related Party Relationship Transaction Type Value (₹ in Lakhs)
1 Mr. Rakesh Khanna Vice Chairman & Managing Director Remuneration 301.47
2 Mr. Rakesh Khanna Vice Chairman & Managing Director Employee Share based payment expenses 40.00
3 Mr. Subhash Chand Nigral Chief Financial Officer Remuneration 36.48
4 Mr. Subhash Chand Nigral Chief Financial Officer Employee Share based payment expenses 12.95
5 Ms. Rupinder Kaur Company Secretary Remuneration 8.21
6 Mr. Hetal Madhukant Gandhi Non Executive Non Independent Director Reimbursement of Expenses 0.44
7 Mr. Hetal Madhukant Gandhi Non Executive Non Independent Director Employee Share based payment expenses 6.63
8 Mr. Maneesh Mansingka Non Executive Non Independent Director Employee Share based payment expenses 6.63
9 Mr. Rajesh Relan Non Executive Independent Director Reimbursement of Expenses 0.35
10 Mr. Rajesh Relan Non Executive Independent Director Sitting Fee 4.86
11 Mr. Sanil Duggal Non Executive Independent Director Reimbursement of Expenses 0.67
12 Mr. Sanil Duggal Non Executive Independent Director Sitting Fee 5.10
13 Mr. Hemant Sachdev Non Executive Independent Director Sitting Fee 3.90
Total 427.63

Historical Stock Returns for Singer

1 Day5 Days1 Month6 Months1 Year5 Years
+0.10%-0.45%-2.63%+1.59%+1.59%+1.59%

How will the significant remuneration allocated to the Vice Chairman & Managing Director impact the company's operational profitability in the second half of the fiscal year?

What are the strategic performance targets linked to the employee share-based payment expenses for key managerial personnel?

Will the company seek retroactive approval from the audit committee for these transactions, or modify its governance protocols to ensure pre-approval for future periods?

More News on Singer

1 Year Returns:+1.59%