Sona Machinery Limited reported a net loss of ₹346.29 lakh for the financial year ended March 31, 2026, reversing the profit of ₹385.12 lakh recorded in the previous year. The company's revenue from operations fell to ₹8451.44 lakh for the year, down from ₹9491.62 lakh in FY25. Total income for the period stood at ₹8572.40 lakh, a decrease from ₹9596.54 lakh in the prior year.

The board of directors approved the audited financial results for the half-year and year ended March 31, 2026, at a meeting held on May 29, 2026. Sanjay V Gupta & Associates, the statutory auditors, issued an unmodified opinion on the financial results, confirming compliance with Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The auditors stated that the financial results give a true and fair view of the net loss and other financial information in conformity with the recognition and measurement principles generally accepted in India.

Financial Performance

The company's expenses for the year totaled ₹9027.71 lakh, compared to ₹9067.89 lakh in the previous year. Key expense components included the cost of materials consumed at ₹4615.96 lakh and employee benefit expenses at ₹1673.80 lakh. Finance costs for the year amounted to ₹28.16 lakh. The profit before tax for the year was a loss of ₹455.31 lakh, contrasting with a profit before tax of ₹528.66 lakh in FY25.

The basic and diluted earnings per equity share for the year stood at a loss of ₹2.52, compared to earnings of ₹2.81 in the previous year. For the half-year ended March 31, 2026, the company reported a net loss of ₹436.58 lakh on revenue from operations of ₹4110.66 lakh.

Utilization of IPO Funds

Sona Machinery Limited provided a certificate regarding the utilization of proceeds from its initial public offering (IPO). The company raised ₹5182.32 lakh through the IPO, which was listed on the NSE Emerge platform on March 13, 2024. As of March 31, 2026, the company had utilized ₹2338.96 lakh for setting up a new manufacturing unit at Ghaziabad, leaving ₹552.29 lakh unutilized for this object. The entire amount of ₹200.80 lakh was utilized for LC payment, and ₹1262.92 lakh was utilized for the General Purpose Fund. The company confirmed there was no deviation in the use of funds raised as per the offer document.

Financial Position

The company's total assets as of March 31, 2026, stood at ₹9539.14 lakh. Non-current assets included property, plant, and equipment valued at ₹2913.20 lakh and capital work-in-progress of ₹998.28 lakh. Current assets included trade receivables of ₹2315.43 lakh and a cash and bank balance of ₹372.30 lakh. On the liabilities side, the company's equity and liabilities totaled ₹9539.14 lakh, comprising shareholder's funds of ₹6929.63 lakh and current liabilities of ₹2472.77 lakh.

Sona Machinery Limited disclosed that its promoter and promoter group collectively held 1,00,99,996 equity shares as of March 31, 2026. The filing confirms that no shares were encumbered, directly or indirectly, during the financial year ended March 31, 2026. This disclosure was submitted to the National Stock Exchange of India on April 7, 2026, in compliance with Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

The declaration was made by Mr. Vasu Naren, a promoter of the company, on behalf of the entire promoter and promoter group. The document confirms the shareholding status and the absence of any encumbrance on the shares held by the promoters during FY26. The filing included a detailed list of the promoters and their respective shareholdings.

Shareholding Breakdown

The total promoter holding of 1,00,99,996 shares is distributed among three individuals. The following table details the shareholding of each promoter as of March 31, 2026.

Regulatory Compliance

The disclosure was formally submitted by Supriya, the Company Secretary & Compliance Officer of Sona Machinery Limited. The submission ensures transparency regarding the ownership structure and any potential changes in the promoter's shareholding or encumbrance status. The company requested the exchange to place the information on its records.