Sampat Aluminium Reports 45% Jump in Half-Year Net Profit, Utilizes IPO Proceeds

Sampat Aluminium Limited (BSE: 544520) has reported a significant increase in its financial performance for the half-year ended September 30, 2025. The company, which recently went public on the BSE Emerge platform, has shown robust growth in both revenue and profitability.

Financial Highlights

The company's unaudited standalone financial results reveal impressive growth:

Particulars (in Rs. lacs)	H1 FY2026	H1 FY2025	YoY Change
Revenue from Operations	8,113.63	6,225.37	+30.33%
Net Profit	472.66	363.60	+30.00%
EPS (Basic & Diluted)	6.59	6.19	+6.46%

Sampat Aluminium's revenue from operations surged to Rs. 8,113.63 lacs, marking a 30.33% increase from Rs. 6,225.37 lacs in the corresponding period of the previous year. This growth was accompanied by a 30% rise in net profit, which reached Rs. 472.66 lacs compared to Rs. 363.60 lacs in the same period last year.

IPO Proceeds Utilization

The company successfully raised Rs. 2,782.05 lacs (net of IPO expenses) through its initial public offering on the BSE Emerge platform. As of September 30, 2025, the utilization of these funds is as follows:

Object of the Issue	Amount Proposed (Rs. lacs)	Amount Utilized (Rs. lacs)	Unutilized Amount (Rs. lacs)
Capital Expenditure	2,332.05	100.00	2,232.05
Fund Raising Expenses	270.75	59.56	211.19
General Corporate Purpose	450.00	260.00	190.00
Total	3,052.80	419.56	2,633.24

It's noteworthy that a significant portion of the funds earmarked for capital expenditure remains unutilized, suggesting potential for future growth initiatives.

Balance Sheet Strength

The company's balance sheet as of September 30, 2025, shows a strong financial position:

Total Assets: Rs. 9,801.14 lacs
Shareholders' Fund: Rs. 5,717.44 lacs
Cash and Cash Equivalents: Rs. 1,855.88 lacs

The substantial increase in cash and cash equivalents from Rs. 24.96 lacs as of March 31, 2025, to Rs. 1,855.88 lacs reflects the influx of IPO proceeds and improved cash flow management.

Management Commentary

Sanket Sanjay Deora, Managing Director of Sampat Aluminium Limited, stated in the company's filing, "The Board of Directors has approved the Un-Audited Financial Results for the Half-Year ended 30th September, 2025. We are pleased with the company's performance and the successful utilization of our IPO proceeds thus far."

Auditor's Review

S N Shah & Associates, the company's statutory auditors, have conducted a limited review of the financial results. They reported that nothing has come to their attention that causes them to believe that the financial results do not present a true and fair view in accordance with applicable accounting standards and other recognized accounting practices and policies.

Sampat Aluminium Limited's strong financial performance and strategic use of IPO proceeds position it well for future growth in the aluminum sector. Investors and market watchers will likely keep a close eye on how the company utilizes its remaining IPO funds for capital expenditure in the coming quarters.

Sampat Aluminium Limited, a recently listed company on the BSE EMERGE platform, has disclosed its Initial Public Offering (IPO) fund utilization statement as of September 30, 2025. The company, which completed its IPO listing procedure on September 24, 2025, has reported a partial utilization of the funds raised.

Fund Utilization Breakdown

According to the statement submitted to the BSE, Sampat Aluminium has utilized Rs 419.66 lakhs out of the total Rs 3,052.80 lakhs raised through the IPO. This leaves Rs 2,633.14 lakhs remaining unutilized as of the reporting date.

The company has allocated the IPO funds for three primary purposes:

Purpose	Original Allocation (Rs in Lakhs)	Amount Utilized (Rs in Lakhs)	Unutilized Amount (Rs in Lakhs)
Expansion of manufacturing facility	2,332.05	100.00	2,232.05
General corporate purposes	450.00	260.00	190.00
Issue expenses	270.75	59.66	211.09
Total	3,052.80	419.66	2,633.14

Expansion Plans and Fund Allocation

The largest portion of the IPO proceeds, Rs 2,332.05 lakhs, has been earmarked for funding capital expenditure towards the expansion of a new manufacturing facility. This facility is located at New Survey No. 619 (Old Survey No. 792), Borisana, Kadi, Mehsana, Gujarat. As of September 30, 2025, Rs 100.00 lakhs have been utilized for this purpose.

General Corporate Purposes and Issue Expenses

The company has allocated Rs 450.00 lakhs for general corporate purposes, of which Rs 260.00 lakhs have been utilized. For issue expenses, out of the allocated Rs 270.75 lakhs, Rs 59.66 lakhs have been used.

Management Statement and Audit Review

Sanket Sanjay Deora, the Managing Director of Sampat Aluminium Limited, has signed off on this utilization statement. The company's Audit Committee and Board of Directors have reviewed and approved this statement in their meeting held on November 14, 2025, as required under Regulation 32(3) of SEBI (LODR) Regulations, 2015.

S. N. Shah & Associates, the statutory auditors of the company, have provided a Limited Review Report on the financial results, stating that nothing has come to their attention that causes them to believe that the financial results have not been prepared in accordance with applicable accounting standards and regulations.

Fund Utilization Status

The partial utilization of IPO funds, particularly the minimal usage for manufacturing facility expansion, indicates that Sampat Aluminium is in the early stages of implementing its stated plans. The company's future announcements may provide updates on the progress of its expansion projects and the deployment of the remaining Rs 2,633.14 lakhs.