Sam Industries Limited has released its financial results for the first quarter, showing a mixed performance with significant year-over-year declines offset by sequential quarterly improvements.

Key Financial Highlights

• Total income from operations stood at ₹270.66 lakhs, representing:

  • An 80.2% decline compared to the same quarter last year
  • A 19.2% increase from the previous quarter

• Net profit after tax was ₹161.54 lakhs, indicating:

  • A 48.5% decrease year-on-year
  • A 5.7% increase quarter-on-quarter

• Basic earnings per share (EPS) for the quarter was ₹1.46

Financial Performance Table

The company's performance shows a significant decline in revenue and profitability compared to the same quarter of the previous year. However, there are signs of recovery when compared to the immediately preceding quarter, with both revenue and net profit showing improvement.

Management Commentary

While specific management comments were not provided, the results indicate that Sam Industries is facing challenges in maintaining its year-on-year performance but is showing signs of recovery on a quarter-on-quarter basis.

Recent Corporate Actions

As per the LODR data, Sam Industries Limited recently conducted a postal ballot seeking shareholder approval for two important resolutions:

1. The appointment of Mr. Rajendra Kumar Pasari (DIN: 01508154) as a Whole-time Director of the Company.
2. Approval for Material Related Party Transactions with M/s. Dwekam Marketing Private Limited, Sam Farms & Foods Private Limited, and Sam Hoteliers & Resorts Private Limited for the sale of unquoted shares held by Sam Industries Limited.

These resolutions were passed with the requisite majority, with the e-voting period concluding on August 11, 2025.

Conclusion

Sam Industries Limited faces significant challenges as evidenced by the substantial year-over-year decline in revenue and profitability. However, the sequential improvement in financial metrics suggests that the company may be on a path to recovery. Investors and stakeholders will likely be watching closely to see if this positive trend continues in the coming quarters.

The recent corporate actions, including the appointment of a new Whole-time Director and the approval for material related party transactions, may indicate strategic moves by the company to strengthen its leadership and optimize its investment portfolio. These actions could potentially impact the company's future performance and direction.

Sam Industries announced its unaudited financial results for the first quarter, showcasing robust performance and key board decisions.

Financial Highlights

The company reported a significant increase in total revenue for Q1, reaching Rs. 480.94 crore, compared to Rs. 366.63 crore in the same quarter last year. This represents a year-on-year growth of 31.18%.

Sam Industries' profit after tax (PAT) for the quarter stood at Rs. 152.84 crore, marking a decrease from Rs. 161.54 crore in Q1 of the previous year. The company's earnings per share (EPS) for the quarter improved to Rs. 2.83, up from Rs. 1.38 in the corresponding quarter of the previous year.

Segment Performance

The company operates in two main segments:

Key Board Decisions

During its 4th Board Meeting held on August 12, Sam Industries' Board of Directors made several important decisions:

1. Appointment of Secretarial Auditor: The Board approved the appointment of M/s. M. Maheshwari & Associates as the company's Secretarial Auditor for a period of five consecutive years, from April 1 to March 31, 2030. This appointment is subject to shareholder approval at the upcoming Annual General Meeting (AGM).

2. Re-appointment of Whole Time Director: The Board considered the retirement of Mrs. Gitanjali A. Maheshwari, Whole Time Director, who will retire by rotation at the ensuing 31st AGM. She has offered herself for re-appointment.

3. Annual General Meeting: The 31st AGM of Sam Industries is scheduled for September 30, to be held through Video Conferencing (VC) or Other Audio-Visual Means (OAVM).

4. Book Closure and Record Date: The Register of Members and Share Transfer Books will remain closed from September 24 to September 30 (both days inclusive) for the purpose of the AGM. The record date has been set as September 23.

Financial Position

Sam Industries reported:

• Total outstanding loans: Rs. 2,134.00 crore
• Total assets: Rs. 11,369.44 crore
• Total liabilities: Rs. 4,134.35 crore

The company reported no defaults on any of its debt obligations.

Sam Industries continues to demonstrate strong financial performance and corporate governance practices. The company's focus on both real estate and investment segments appears to be yielding positive results, as reflected in the impressive Q1 numbers.