Simplex Castings Ltd Reports Q3FY26 Results and Approves ₹50.15 Crore Fund Raising

3 min read     Updated on 07 Feb 2026, 03:05 PM
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Ashish TScanX News Team
Overview

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

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 Day5 Days1 Month6 Months1 Year5 Years
+2.10%+15.51%+3.70%+31.98%+127.90%+2,519.95%

Simplex Castings Schedules Q3FY26 Earnings Call for February 10, 2026

1 min read     Updated on 30 Jan 2026, 11:19 AM
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Reviewed by
Radhika SScanX News Team
Overview

Simplex Castings Limited has scheduled its Q3FY26 earnings conference call for February 10, 2026 at 4:00 PM IST, to be conducted by Arihant Capital Markets Limited. The call will feature Chairman Ketan Shah and CFO Avinash Hariharno discussing quarterly performance, following the company's recent Rs 22.50 crore fabrication order win from Gaja Engineering Private Limited.

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

Simplex casting Limited has announced its Q3FY26 earnings conference call scheduled for February 10, 2026 at 4:00 PM IST, as disclosed in a regulatory filing under SEBI Listing Obligations and Disclosure Requirements Regulations 2015.

Conference Call Details

The earnings call will be conducted by Arihant Capital Markets Limited and will feature key management representatives discussing the company's quarterly performance.

Parameter: Details
Date: Tuesday, February 10, 2026
Time: 4:00 PM IST
Call Leader: Ms. Natasha Singh, Arihant Capital
Meeting ID: 859 9596 7168
Passcode: 405856

Management Participation

The conference call will be represented by senior management including Mr. Ketan Shah, Chairman and Executive Director, and Mr. Avinash Hariharno, Chief Financial Officer. The management team will present the quarterly results and address investor queries.

Access Information

Investors and stakeholders can join the conference call through the provided Zoom link. The company has shared complete access details including meeting ID and passcode for participant convenience.

Recent Business Developments

This earnings call follows the company's recent announcement of securing a substantial Rs 22.50 crore fabrication order from Gaja Engineering Private Limited. The order encompasses fabrication and blasting services for 2500MT of fabrication structures with a 24-month completion timeline.

Recent Order Details: Specifications
Order Value: Rs 22.50 Crores
Client: Gaja Engineering Private Limited
Scope: 2500MT Fabrication Structures
Timeline: 24 months

Regulatory Compliance

The conference call announcement was made in compliance with SEBI regulations, ensuring transparency in corporate communications. The company maintains its commitment to regular investor engagement through structured earnings calls and regulatory disclosures.

Historical Stock Returns for Simplex Casting

1 Day5 Days1 Month6 Months1 Year5 Years
+2.10%+15.51%+3.70%+31.98%+127.90%+2,519.95%

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1 Year Returns:+127.90%