Steel City Securities Publishes FY26 Audited Results Under Regulation 47

2 min read Updated on 06 May 2026, 05:27 AM

Reviewed by

Naman SScanX News Team

AI Summary

Steel City Securities Limited published its audited standalone and consolidated financial results for the quarter and year ended 31 March 2026 under Regulation 47, approved at the May 2 board meeting. Standalone profit after tax stood at ₹903.98 lakhs and consolidated profit after tax attributable to owners was ₹1,445.51 lakhs. The board appointed Sri. N. Satya Kumar as Additional Independent Director and named internal and GST auditors for FY27.

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Steel City Securities Limited has published its audited standalone and consolidated financial results for the quarter and year ended 31 March 2026, in compliance with Regulation 47(1)(d) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The results were approved by the Board of Directors at its meeting held on 2 May 2026, based on the recommendation of the Audit Committee, and the advertisement was published in newspapers dated 5 May 2026. The statutory auditors, M/s. Rao & Kumar LLP, issued an audit report with an unmodified opinion on the audited financial results. The board also reviewed the Secretarial Compliance Report certified by M/s. ASN Associates and the Secretarial Audit Report for the financial year ended 31 March 2026. The results are available on the company's website at www.steelcitynettrade.com and were signed off by Executive Chairman K. Satyanarayana and Managing Director & CEO Satish Kumar Arya.

Standalone Financial Performance

The company reported its audited standalone financial results for the year ended 31 March 2026. Total income from operations stood at ₹6,609.58 lakhs, while other income was ₹138.29 lakhs, bringing total income to ₹6,747.87 lakhs. Total expenses for the year amounted to ₹5,355.07 lakhs, resulting in a profit before tax of ₹1,392.80 lakhs. The following table presents a detailed comparison of the standalone financial performance:

Particulars:	Year Ended 31.03.2026 (₹ in Lakhs)	Year Ended 31.03.2025 (₹ in Lakhs)
Revenue from operations	6,609.58	6,212.39
Other income	138.29	107.88
Total income	6,747.87	6,320.27
Total expenses	5,355.07	4,785.62
Profit before tax	1,392.80	1,534.65
Tax expense	(488.82)	(436.15)
Profit after tax	903.98	1,098.50
Other comprehensive income	16.63	14.90
Total comprehensive income	920.61	1,113.40

Earnings per share (basic and diluted) for the year stood at ₹6.06. For the quarter ended 31 March 2026, revenue from operations was ₹1,653.91 lakhs, total income was ₹1,779.14 lakhs, and profit after tax was ₹326.05 lakhs.

Consolidated Financial Performance

On a consolidated basis, total income from operations for the year ended 31 March 2026 was ₹6,675.20 lakhs, with other income of ₹138.29 lakhs, aggregating to total income of ₹6,813.49 lakhs. Total expenses stood at ₹5,368.10 lakhs. The consolidated profit after tax attributable to owners of the company was ₹1,445.51 lakhs, with total comprehensive income of ₹1,462.17 lakhs. Earnings per share (basic and diluted) on a consolidated basis was ₹9.57 for the year.

Board Appointments

The board approved the appointment of Sri. N. Satya Kumar as Additional Director (Non-Executive Independent), subject to the approval of the exchanges on which the company is registered. Sri. N. Satya Kumar has over three decades of experience as a consultant in financial markets, with expertise in advisory services, market analysis, investment advisory, and risk management. He previously served as a Whole-Time Director (Trading) of the company from February 22, 1995 to November 5, 1996. The board also appointed the following auditors for the financial year 2026-27:

Role:	Appointed Party
Internal Auditors (financials)	M/s. Rao & Manoj, Chartered Accountants
Internal Auditor (DP & POP services)	Mr. V.S.N. Murthy, Practising Chartered Accountant
Internal Auditor (PAN operations)	Mr. Sanjay Ravindra Kumar Desai, Practising Company Secretary
GST Auditors	M/s. Sangu Associates, Chartered Accountants

Historical Stock Returns for Steel City Securities

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
+0.31%	+0.95%	+4.77%	-15.00%	-12.41%	+114.41%

How might Steel City Securities plan to reverse the decline in profit after tax from ₹1,098.50 lakhs to ₹903.98 lakhs despite revenue growth, particularly given rising expenses outpacing income?

What strategic role could Sri. N. Satya Kumar's appointment as Independent Director play in shaping the company's risk management and investment advisory capabilities going forward?

Could Steel City Securities be considering expansion into new financial market segments or geographies to sustain revenue growth beyond the current ₹6,609.58 lakhs trajectory?