Ahmedabad Steelcraft Reports Strong Q1 FY26 Results with ₹336.35 Crore Net Profit
Ahmedabad Steelcraft announced its Q1 FY26 financial results, reporting revenue from operations of ₹4,267.73 crore and net profit of ₹336.35 crore. The company's total comprehensive income stood at ₹343.43 crore. The Board approved these unaudited standalone results for the quarter ended June 30, 2025. The company's paid-up equity share capital increased to ₹1,509.20 crore, with the conversion of remaining warrants into equity shares. Ahmedabad Steelcraft confirmed proper utilization of funds raised through preferential issue for expansion plans, working capital, and corporate purposes.
*this image is generated using AI for illustrative purposes only.
Ahmedabad Steelcraft has announced its financial results for the first quarter of the fiscal year 2025-26, showcasing robust performance and growth.
Financial Highlights
- Revenue from Operations: ₹4,267.73 crore
- Net Profit: ₹336.35 crore
- Total Comprehensive Income: ₹343.43 crore
The company's Board of Directors approved these unaudited standalone financial results for the quarter ended June 30, 2025, at their meeting held on August 14, 2025.
Key Financial Metrics
| Particulars (₹ in Crore) | Q1 FY26 (Unaudited) | Q4 FY25 (Audited) | Q1 FY25 (Unaudited) |
|---|---|---|---|
| Revenue from Operations | 4,267.73 | 6,529.87 | - |
| Total Income | 4,267.73 | 6,530.37 | 34.59 |
| Total Expenses | 3,818.25 | 6,053.95 | 34.89 |
| Profit Before Tax | 449.49 | 476.43 | (0.30) |
| Net Profit | 336.35 | 348.91 | (0.30) |
| Earnings Per Share (₹) | 3.46 | 8.37 | (0.01) |
Operational Performance
Ahmedabad Steelcraft, engaged in trading of electrical items, steel structures, and providing erection and commissioning services for electricity transmission lines, demonstrated strong operational performance in Q1 FY26. The company's revenue from operations stood at ₹4,267.73 crore, indicating robust demand for its products and services.
Capital Structure Update
The company's paid-up equity share capital increased to ₹1,509.20 crore as of June 30, 2025, up from ₹964.20 crore in the previous quarter. This increase is attributed to the conversion of warrants into equity shares:
- During Q4 FY25, 55,50,000 warrants were converted into equity shares.
- In Q1 FY26, the remaining 54,50,000 warrants were converted into equity shares at ₹72 per warrant.
Utilization of Funds
Ahmedabad Steelcraft confirmed that there was no deviation or variation in the use of proceeds raised through the preferential issue of warrants. The funds, totaling ₹2,277.45 crore (out of the total ₹7,920 crore raised), are being utilized as per the stated objectives:
- Funding current/future expansion plans and activities
- Meeting working capital requirements
- Other general corporate purposes
Management Commentary
Rohit Pandey, Managing Director of Ahmedabad Steelcraft, stated, "Our Q1 FY26 results demonstrate the company's strong foundation and operational efficiency. We are pleased with the robust revenue growth and profitability, which reflect the increasing demand for our products and services in the market."
Outlook
With a solid start to the fiscal year 2025-26, Ahmedabad Steelcraft appears well-positioned to capitalize on opportunities in the electrical items and steel structures sector. The company's focus on expansion and efficient use of raised capital is expected to drive future growth and enhance shareholder value.
Investors and stakeholders can access the detailed financial results on the company's website ( www.steelcraft.co.in ) and the BSE website ( www.bseindia.com ).
Note: All figures are in Indian Rupees (₹) and have been rounded to two decimal places for clarity.
Historical Stock Returns for Ahmedabad Steelcraft
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +2.61% | +3.10% | -4.37% | -33.65% | -33.02% | +1,291.43% |
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