Vishal bearings Limited has submitted its quarterly certificate under Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018 for the quarter ended March 31, 2026. The company filed the compliance document with BSE Limited on April 02, 2026, along with confirmation certificates from its registrar and transfer agent.

Regulatory Filing Details

The submission was made to the Department of Corporate Services at BSE Limited under the company's scrip code 539398 (SCRIP ID: VISHALBL). Managing Director Dilip G. Changela digitally signed the compliance document, ensuring proper authorization and adherence to regulatory requirements.

Registrar Confirmation Certificates

KFin Technologies Limited, serving as the Registrar and Transfer Agent for Vishal Bearings Limited, provided confirmation certificates to both major depositories. The certificates were issued on April 01, 2026, and addressed to Central Depository Services (India) Limited (CDSL) and National Securities Depository Limited (NSDL).

Certificate Details

Compliance Certification

KFin Technologies Limited certified that details of securities dematerialized and rematerialized during the quarter ended March 31, 2026, have been furnished to all stock exchanges where Vishal Bearings Limited shares are listed. This certification ensures compliance with SEBI's depository regulations and maintains transparency in the company's share transfer activities.

The filing demonstrates Vishal Bearings Limited's commitment to regulatory compliance and transparent reporting of its depository-related activities through proper channels and authorized intermediaries.

Vishal bearings Limited announced its unaudited financial results for the third quarter of FY26 ended December 31, 2025, showing a mixed performance with revenue growth but continued losses. The Board of Directors approved these results during their meeting held on February 12, 2026, at the company's registered office.

Financial Performance Overview

The company reported a net loss of ₹245.33 lacs for Q3 FY26, which represents an improvement compared to the net loss of ₹267.88 lacs recorded in the corresponding quarter of the previous fiscal year. Despite the loss, the company demonstrated revenue growth with net sales increasing by 7.41% year-on-year.

Quarterly Performance Analysis

The company's quarterly performance showed volatility throughout FY26. In Q2 FY26, Vishal Bearings had reported a net profit of ₹177.73 lacs, making Q3's loss particularly notable. The total expenses for Q3 FY26 stood at ₹2,313.26 lacs, resulting in a loss before tax of ₹248.66 lacs.

Nine-Month Performance

For the nine months ended December 31, 2025, the company showed improved performance compared to the previous year. The net loss narrowed significantly to ₹235.04 lacs from ₹314.89 lacs in the corresponding nine-month period of FY25.

Cost Structure and Expenses

The company's major expense components for Q3 FY26 included cost of material consumed at ₹1,323.17 lacs, employee benefit expenses of ₹320.73 lacs, and other expenses totaling ₹268.74 lacs. Finance costs decreased to ₹115.42 lacs from ₹135.17 lacs in Q3 FY25, indicating improved financial management.

Corporate Governance and Compliance

The financial results were reviewed by the Audit Committee and approved by the Board of Directors. The company's statutory auditors, Anil Parekh & Co., conducted a limited review of the financial results. The company reported no pending investor complaints as of December 31, 2025, maintaining its clean record in investor relations.

Vishal Bearings Limited operates in the manufacturing and selling of bearing rollers and allied activities, focusing on a single business segment. The company maintains its paid-up equity share capital at ₹1,079.10 lacs with reserves of ₹2,017.57 lacs as of December 31, 2025.