Simmonds Marshall Reports Q1 FY2026 Results, Approves Key Appointments

1 min read     Updated on 12 Aug 2025, 03:13 PM
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Overview

Simmonds Marshall Limited reported Q1 FY2026 revenue of Rs. 49.75 crore and profit before tax of Rs. 2.23 crore. The board approved appointments of Cost Auditors and Secretarial Auditors, and reappointed Mr. Navroze Marshall as Chairman & Managing Director and Mr. Imran Panju as Whole-Time Director for three-year terms starting April 1, 2026, subject to shareholder approval at the upcoming AGM on September 23, 2025.

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*this image is generated using AI for illustrative purposes only.

Simmonds Marshall Limited , a leading manufacturer of industrial fasteners, has announced its financial results for the first quarter of fiscal year 2026 and approved several key appointments during its recent board meeting.

Financial Performance

For the quarter ended June 30, 2025, Simmonds Marshall reported a revenue from operations of Rs. 49.75 crore. The company's unaudited standalone financial results reveal a profit before tax of Rs. 2.23 crore for the quarter.

Key Financial Highlights (Standalone):

Particulars (Rs. in Crore) Q1 FY2026
Revenue from Operations 49.75
Total Expenses 47.97
Profit Before Tax 2.23
Profit After Tax 2.23

Board Approvals and Appointments

The board meeting, held on August 12, 2025, resulted in several significant decisions:

  1. Cost Auditors: M/s. Joshi Apte & Associates have been appointed as Cost Auditors for the financial year 2025-26, subject to shareholders' ratification at the upcoming Annual General Meeting (AGM).

  2. Secretarial Auditors: M/s. GMJ & Associates, Company Secretaries, have been appointed as Secretarial Auditors for a five-year term from April 1, 2025, to March 31, 2030, pending shareholder approval at the AGM.

  3. Key Management Reappointments:

    • Mr. Navroze Marshall has been reappointed as Chairman & Managing Director for a three-year term from April 1, 2026, to March 31, 2029.
    • Mr. Imran Panju has been reappointed as Whole-Time Director for the same period.

Both reappointments are subject to shareholder approval at the upcoming AGM.

Annual General Meeting

The company's 65th Annual General Meeting is scheduled for September 23, 2025. Shareholders will be asked to consider and approve the aforementioned appointments and reappointments.

Management Commentary

Mr. N. S. Marshall, Managing Director of Simmonds Marshall Limited, stated, "Our Q1 FY2026 results demonstrate the company's resilience in a dynamic market environment. We remain committed to delivering value to our stakeholders through strategic initiatives and operational excellence."

The company's focus on maintaining a strong leadership team is evident from the reappointments of key executives, which aim to ensure continuity in management and strategic direction.

Simmonds Marshall Limited continues to operate from its registered office and factory located at Plot No: C-4/1, Phase II, Chakan, MIDC Bhamboli, Khed, Pune, Maharashtra.

Investors and stakeholders can access the detailed financial results on the BSE website and the company's official website at www.simmondsmarshall.com .

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