Srigee DLM sold its immovable property situated at Plot No. 434, Udyog Kendra 2, Ecotech 3, Greater Noida, for ₹2.53 crore to a promoter group entity. The sale was completed on July 9, 2026, under an agreement to sell. The buyer is Syntyche Tradex Enterprises (OPC) Private Limited, represented by its Director Ms. Richa Singh, who is part of the promoter group. The transaction is a Related Party Transaction conducted at arm’s length.

The disposal involves the property currently serving as the company's registered office. The manufacturing unit operating from this location contributed approximately ₹6.73 crore, representing around 9% of the company's total revenue during the last financial year. Despite the sale, the company expects no material adverse impact on its operations.

Srigee DLM plans to enter into a rent agreement with the buyer to continue operating from the existing premises. This arrangement will remain in effect until the construction and commissioning of its new manufacturing facility at Plot No. R-11A, Integrated Industrial Township, Greater Noida, is completed. Consequently, there will be no disruption to manufacturing activities or business operations.

The disclosure was made pursuant to Regulation 30 read with Part A of Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Suchitra Singh, Whole-Time Director & CFO, signed the intimation submitted to the Bombay Stock Exchange.

Transaction Details

Srigee DLM Limited reported a 37.16% 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. Total income for FY26 rose to ₹7,230.50 lakh from ₹7,136.85 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. An investor presentation detailing these results was submitted to the exchange on June 10, 2026.

For the half-year ended March 31, 2026, net profit was ₹552.56 lakh, while total income stood at ₹5,433.65 lakh. The statutory auditor, M/s A M G K & Associates, issued an unmodified opinion on the financial results.

Financial Performance

The earnings per share (EPS) for the full 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.

Operational Highlights

The company operates three integrated facilities in Noida, Uttar Pradesh, with a total installed capacity of 6,550 lakh. For FY26, the capacity utilization for Injection Moulding & Assembly was 199.25%, while Polymer Compounding utilization stood at 43.38%. The company launched its own polymer resin brand ‘Polymos’ during the year.

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. Construction has commenced for a new manufacturing facility in Ecotech-10, Greater Noida.

Management Guidance

During an earnings call held on June 11, 2026, management stated that the company targets a revenue of ₹100 crore in FY27 and ₹200 crore to ₹250 crore in FY28. The company plans to commission its new facility at Plot R 11A, Greater Noida, by August 15, 2026, with a planned capital expenditure of ₹25 crore, excluding land acquisition. Management expects margins to improve due to backend integration, including polymer compounding and in-house tool room capabilities, and consolidation of operations into a single larger facility. The company is in talks with three new ODM customers and aims to reduce dependency on top clients, which contributed 91% of revenue in FY26 compared to 95% previously.

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.