Srigee DLM FY26 net profit rises 37% to ₹686.72 lakh
Srigee DLM reported a 37.2% increase in net profit to ₹686.72 lakh for FY26, with revenue rising to ₹7,230.50 lakh. The board approved the audited results on May 30, 2026. The company utilized ₹665.52 lakh of its IPO proceeds, reallocated its manufacturing plant site, and maintained an unmodified audit opinion.
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Srigee DLM reported a 37.2% increase in net profit to ₹686.72 lakh for the financial year ended March 31, 2026, compared to ₹500.66 lakh in the previous year. Revenue from operations for FY26 rose to ₹7,230.50 lakh from ₹7,123.39 lakh in FY25. The board approved the standalone audited financial results for the half-year and year ended March 31, 2026, at a meeting held on May 30, 2026.
The company’s total income for the year stood at ₹7,575.63 lakh, up from ₹7,136.85 lakh in the prior year. For the half-year ended March 31, 2026, net profit was ₹552.56 lakh, while revenue from operations was ₹5,142.29 lakh. The statutory auditor, M/s A M G K & Associates, issued an unmodified opinion on the financial results.
Financial Performance
| Metric | FY26 (₹ in Lakhs) | FY25 (₹ in Lakhs) |
|---|---|---|
| Revenue from Operations | 7,230.50 | 7,123.39 |
| Total Income | 7,575.63 | 7,136.85 |
| Total Expenses | 6,807.45 | 6,486.61 |
| Net Profit | 686.72 | 500.66 |
| Basic EPS (₹) | 11.50 | 11.76 |
The earnings per share (EPS) for the year stood at ₹11.50, compared to ₹11.76 in the previous year. The company’s paid-up equity share capital increased to ₹597.36 lakh in FY26 from ₹425.88 lakh in FY25, following an issue of equity shares.
IPO Fund Utilization
The company raised ₹1,697.65 lakh through its Initial Public Offer (IPO) in May 2025. As of March 31, 2026, ₹665.52 lakh has been utilized towards the stated objects, leaving ₹1,032.13 lakh unutilized. The funds are primarily parked in fixed deposits and bank accounts. The manufacturing plant site was reallocated from Plot 15, Ecotech X to Plot R 11A, DMIC IITGN, Greater Noida, following approvals.
In compliance with SEBI (Prohibition of Insider Trading) Regulations, 2018, the trading window remained closed from April 1, 2026, until 48 hours after the declaration of financial results. The filing was signed by Suchitra Singh, Whole-Time Director & CFO.
Historical Stock Returns for Srigee DLM
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +3.07% | +25.84% | +26.53% | -18.83% | -61.81% | -53.52% |
What is the specific timeline for deploying the remaining ₹1,032.13 lakh in unutilized IPO funds?
How will the relocation of the manufacturing plant to the DMIC IITGN site impact production capacity and capital expenditure?
What strategic initiatives will drive revenue growth given the marginal increase in operations revenue?
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