Sreechem Resins narrows net loss to ₹22.93 crore in FY26

1 min read     Updated on 29 May 2026, 08:51 PM
scanx
Reviewed by
Shriram SScanX News Team
AI Summary

Sreechem Resins Limited reported a narrowed net loss of ₹22.93 crore for FY26, against a loss of ₹29.87 crore in FY25, with a quarterly profit of ₹104.99 lakh for Q4. Revenue from operations declined to ₹2,975.33 lakh for the year, while total expenses decreased to ₹3,034.42 lakh. The Board approved the audited results on May 29, 2026, with an unmodified opinion from statutory auditors R. C. Jhaver & Co.

powered bylight_fuzz_icon
41607641

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

Sreechem Resins Limited narrowed its net loss to ₹22.93 crore for the financial year ended March 31, 2026, compared to a net loss of ₹29.87 crore in the previous year. The company reported a profit of ₹104.99 lakh for the quarter ended March 31, 2026. Revenue from operations for the year declined to ₹2,975.33 lakh from ₹3,550.25 lakh in FY25, while quarterly revenue stood at ₹783.60 lakh.

The Board of Directors approved the standalone audited financial results during a meeting held on May 29, 2026. R. C. Jhaver & Co., Chartered Accountants, issued an audit report with an unmodified opinion on the standalone financial results. The company confirmed that the results were prepared in compliance with Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and Indian Accounting Standards (Ind AS).

Total income for FY26 was ₹3,004.09 lakh, down from ₹3,566.67 lakh in the prior year. Total expenses for the year decreased to ₹3,034.42 lakh from ₹3,618.71 lakh. The company reported a basic and diluted earnings per share (EPS) of ₹2.50 for the quarter, compared to a loss per share of ₹1.25 in the same period last year. For the full year, the loss per share narrowed to ₹0.55 from ₹0.88.

Financial Performance

The following table outlines the key financial metrics for Sreechem Resins Limited for the quarter and year ended March 31, 2026:

Particulars Quarter Ended 31.03.2026 (₹ in Lakhs) Year Ended 31.03.2026 (₹ in Lakhs)
Revenue from Operations 783.60 2,975.33
Total Income 810.30 3,004.09
Total Expenses 712.71 3,034.42
Profit for the Period 104.99 (22.93)
Basic EPS (₹) 2.50 (0.55)

Assets and Liabilities

As of March 31, 2026, the company's total assets stood at ₹1,766.56 lakh, compared to ₹1,726.50 lakh in the previous year. Total equity decreased to ₹1,406.38 lakh from ₹1,429.30 lakh. Current liabilities increased to ₹359.13 lakh from ₹288.45 lakh, primarily due to higher borrowings and trade payables.

Disclosures

The company disclosed that there were no outstanding defaults on loans or debt securities as of the reporting date. The total amount outstanding on loans from banks and financial institutions was ₹2.85 crore, with no defaults reported. The statement on related party transactions was not applicable for this filing.

Historical Stock Returns for Sreechem Resins

1 Day5 Days1 Month6 Months1 Year5 Years
0.0%0.0%-13.75%+7.64%-22.30%+57.53%

What strategic initiatives will Sreechem Resins implement to reverse the decline in annual revenue?

How will the company manage the increase in current liabilities and higher borrowings moving forward?

Is the quarterly profitability sustainable given the full-year net loss?

Sreechem Resins board meets May 29 for Q4FY26 results

1 min read     Updated on 20 May 2026, 06:26 PM
scanx
Reviewed by
Suketu GScanX News Team
AI Summary

Sreechem Resins Limited has announced a board meeting on May 29, 2026, to consider and approve the audited financial results for the quarter and fiscal year ending March 31, 2026. The trading window for insiders remains closed until 48 hours after the results are declared.

powered bylight_fuzz_icon
40826894

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

Sreechem Resins Limited has scheduled a board meeting to consider the audited financial results for the quarter and year ended March 31, 2026. The meeting will be held at the company's corporate office in Kolkata on Friday, May 29, 2026, at 4:00 PM.

The board will deliberate upon and approve the financial results among other agenda items. This intimation was made to BSE Limited pursuant to Regulation 29(1)(a) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Trading Window Closure

In continuation of a previous intimation dated March 26, 2026, the company has stated that the trading window for dealing in the company's shares remains closed. This closure is in accordance with the SEBI (Prohibition of Insider Trading) Regulations, 2015 and the company's adopted Code of Conduct.

The restriction applies to promoters, directors, designated employees, and all other persons covered under the code. The window will reopen 48 hours after the declaration of the audited financial results for the quarter and year ended March 31, 2026.

Meeting Details

Event Details
Purpose Consider Audited Financial Results for Q4 and FY26
Date May 29, 2026
Time 04:00 PM
Venue Corporate Office, Kolkata

Historical Stock Returns for Sreechem Resins

1 Day5 Days1 Month6 Months1 Year5 Years
0.0%0.0%-13.75%+7.64%-22.30%+57.53%

How has Sreechem Resins Limited's revenue and profitability trended over FY26 compared to the previous fiscal year, and what factors may have driven any significant changes?

Will Sreechem Resins Limited announce any dividend declaration or capital allocation plans alongside the Q4 FY26 financial results?

How might the resin and specialty chemicals sector's broader market conditions in FY26 have impacted Sreechem Resins' margins and order book going into FY27?

More News on Sreechem Resins

1 Year Returns:-22.30%