Super Iron Foundry Ltd has secured credit facilities totaling ₹20.71 crore under the Emergency Credit Line Guarantee Scheme (ECLGS) 5.0 to bolster its working capital. The company entered into loan agreements with UCO Bank and Bank of India, availing ₹9.71 crore and ₹11 crore respectively on July 04, 2026. These secured loans, with a tenor of 60 months, are backed by a charge on specific properties located in Durgapur, Burdwan.

The disclosures were made to BSE Limited in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The filing detailed that the funds are intended to meet the working capital requirements of the company. Prashil Singh, Company Secretary & Compliance Officer, authenticated the submission.

Loan Details

The agreements involve Super Iron Foundry Ltd as the borrower and UCO Bank and Bank of India as the lenders. Both facilities are classified as Working Capital Term Loans. The total amount outstanding for each facility matches the sanctioned amount at the time of execution.

Security and Terms

The loans are secured by a charge on immovable property. The security covers 328 decimal land located at Mouza Sarpi, JL No. 36 and Jhanjra JL No. 34, PO Laudoha, PS Faridpur under Laudoha gram panchayat at Durgapur, Burdwan. This collateral secures the facility, interest, penal charges, and any other applicable charges.

The filing confirmed that the lenders are not related to the promoter or promoter group of the company. There are no special rights, such as the right to appoint directors or restrict capital structure changes, associated with these agreements. The transactions are not classified as related party transactions.

Super Iron Foundry Ltd reported a consolidated net profit of ₹1,666.36 lakh for the financial year ended March 31, 2026, an increase of 55% from ₹1,075.21 lakh in the previous year. Revenue from operations rose to ₹25,594.84 lakh for FY26, compared to ₹15,869.68 lakh in FY25. The Board of Directors approved the audited financial results for the standalone and consolidated entities during a meeting held on May 29, 2026.

Financial Performance

The standalone net profit for the year stood at ₹506.67 lakh, a decline from ₹1,075.21 lakh in the prior year, while standalone revenue from operations increased to ₹18,539.39 lakh from ₹15,869.68 lakh. The company reported basic and diluted earnings per share (EPS) of ₹7.12 on a consolidated basis for FY26, up from ₹6.26 in the previous year. On a standalone basis, the EPS was ₹2.17 for FY26.

Operational Highlights and Subsidiaries

The company established two wholly-owned subsidiaries during the year: SIF Saudi Arabia Company Limited and SIF International FZE in the UAE. The consolidated financial results include the performance of these subsidiaries. The auditors, Baid Agarwal Singhi & Co., stated that the financial statements of the subsidiaries were audited by other auditors, and their opinion on the consolidated amounts is based solely on those reports. The company operates in a single business segment, Iron and Steel foundry.

Compliance and Disclosures

The financial results were prepared in accordance with the accounting standards prescribed under Section 133 of the Companies Act, 2013. The trading window for dealing in the company's securities will open 48 hours after the results were made public on May 29, 2026. The company also noted compliance with the new Labour Codes notified by the Government of India, stating the impact on employee benefit obligations was immaterial.