Simplex Castings Ltd Reports Q3FY26 Results and Approves ₹50.15 Crore Fund Raising
Simplex Castings Ltd reported Q3FY26 results with net profit of ₹476.09 lakhs, lower than ₹629.12 lakhs in Q3FY25, while revenue from operations declined to ₹4,753.31 lakhs. The company approved a preferential issue to raise up to ₹50.15 crores by issuing 1,015,182 equity shares to non-promoter investors. The Board also reappointed M/s M D N & Associates as Internal Auditor and scheduled an EGM for March 2, 2026, to seek shareholders' approval for the fund raising proposal.

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Simplex Castings Ltd announced its unaudited financial results for the quarter ended December 31, 2025, along with several key corporate decisions during its Board meeting held on February 7, 2026. The company reported mixed financial performance while taking strategic steps for future growth through fund raising initiatives.
Financial Performance for Q3FY26
The company's financial results for the quarter ended December 31, 2025, showed varied performance across different metrics. Revenue from operations declined to ₹4,753.31 lakhs compared to ₹4,791.84 lakhs in the corresponding quarter of the previous year.
| Financial Metric: | Q3FY26 | Q3FY25 | Change |
|---|---|---|---|
| Revenue from Operations: | ₹4,753.31 lakhs | ₹4,791.84 lakhs | Decline |
| Other Income: | ₹161.52 lakhs | ₹53.39 lakhs | Increase |
| Total Income: | ₹4,914.83 lakhs | ₹4,845.23 lakhs | ₹69.60 lakhs higher |
| Net Profit: | ₹476.09 lakhs | ₹629.12 lakhs | Lower |
| Earnings per Share: | ₹6.33 | ₹8.74 | Lower |
For the nine months ended December 31, 2025, the company demonstrated stronger performance with revenue from operations reaching ₹14,814.01 lakhs compared to ₹10,478.75 lakhs in the corresponding period of the previous year. Net profit for the nine-month period stood at ₹1,507.61 lakhs against ₹1,154.50 lakhs in the previous year.
Fund Raising Through Preferential Issue
The Board approved a significant fund raising proposal to issue equity shares worth up to ₹50.15 crores through a preferential allotment. The company plans to issue up to 1,015,182 equity shares of face value ₹10 each to non-promoter investors.
| Fund Raising Details: | Specifications |
|---|---|
| Total Fund Target: | Up to ₹50.15 crores |
| Number of Shares: | Up to 1,015,182 equity shares |
| Face Value: | ₹10 per share |
| Type of Issue: | Preferential Issue |
| Investor Category: | Non-Promoters |
| Post-Issue Shareholding: | 11.55% for all allottees combined |
The preferential issue includes major investors such as India Emerging Giants Fund Limited and Surya Jagdishchand Gorji, each receiving 4,04,860 shares representing 4.61% shareholding each. The remaining shares will be distributed among various individual investors with smaller allocations.
Corporate Governance and Operational Updates
The company made several important appointments and scheduled key meetings. M/s M D N & Associates was reappointed as Internal Auditor for FY 2026-27, ensuring continuity in internal audit functions. The firm brings specialized experience in audit, taxation, business advisory, and regulatory compliance services.
| Corporate Actions: | Details |
|---|---|
| Internal Auditor Reappointment: | M/s M D N & Associates for FY 2026-27 |
| EGM Date: | March 2, 2026 |
| EGM Mode: | Video Conferencing / Audio-Visual Means |
| Scrutinizer Appointment: | M/s Meena Naidu & Associates |
| E-voting Platform: | Central Depository Services (India) Limited |
The company scheduled an Extraordinary General Meeting for March 2, 2026, to be conducted through video conferencing to seek shareholders' approval for the fund raising proposal and other matters approved by the Board.
Financial Highlights and Key Metrics
The quarterly results revealed specific operational aspects of the company's performance. Other income for Q3FY26 increased significantly to ₹161.52 lakhs, which included ₹153.02 lakhs pertaining to interest accrued on LIC Gratuity Fund from earlier financial years. The company maintained its paid-up equity share capital at ₹777.41 lakhs with a face value of ₹10 per share.
Total expenditure for the quarter stood at ₹4,278.61 lakhs compared to ₹4,081.56 lakhs in the corresponding quarter of the previous year. The company reported profit before tax of ₹636.22 lakhs for Q3FY26 against ₹763.66 lakhs in Q3FY25, with deferred tax expenses of ₹160.13 lakhs.
Historical Stock Returns for Simplex Casting
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +2.10% | +15.51% | +3.70% | +31.98% | +127.90% | +2,519.95% |


































