Springform Technology Limited Publishes Q3 FY26 Financial Results

2 min read     Updated on 17 Feb 2026, 09:03 PM
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Overview

Springform Technology Limited published its Q3 FY26 unaudited financial results showing consolidated revenue of ₹5030.02 lakhs and net profit of ₹69.05 lakhs for the quarter ended December 31, 2025. The company demonstrated significant improvement from the previous year's corresponding quarter loss of ₹6.75 lakhs. Year-to-date performance shows consolidated revenue of ₹9424.27 lakhs with net profit of ₹162.92 lakhs, marking a strong turnaround in financial performance.

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Springform Technology Limited has published its unaudited standalone and consolidated financial results for the quarter ended December 31, 2025, in accordance with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company announced the publication of these results in Financial Express (English) and Jansatta (Hindi) newspapers on February 17, 2026.

Financial Performance Overview

The company demonstrated strong operational performance during the third quarter of FY26. The consolidated results show substantial improvement across key financial metrics compared to the corresponding period in the previous year.

Financial Metric: Q3 FY26 Q3 FY25 Change
Total Income from Operations: ₹5030.02 lakhs ₹4.92 lakhs Significant increase
Net Profit Before Tax: ₹68.45 lakhs ₹-6.75 lakhs Turnaround to profit
Net Profit After Tax: ₹69.05 lakhs ₹-6.75 lakhs Turnaround to profit
Total Comprehensive Income: ₹69.05 lakhs ₹-6.75 lakhs Turnaround to profit

Quarterly Performance Analysis

The quarter-on-quarter comparison reveals continued growth momentum. Consolidated revenue increased from ₹4394.25 lakhs in the preceding quarter (September 30, 2025) to ₹5030.02 lakhs in Q3 FY26. However, net profit after tax decreased from ₹98.89 lakhs in the previous quarter to ₹69.05 lakhs in the current quarter.

Year-to-Date Performance

For the nine-month period ended December 31, 2025, the company reported consolidated revenue of ₹9424.27 lakhs compared to ₹14.22 lakhs in the corresponding period of the previous year. The year-to-date net profit after tax stood at ₹162.92 lakhs, representing a significant improvement from the loss of ₹88.91 lakhs in the previous year.

Capital Structure and Earnings Per Share

The company's paid-up equity share capital increased substantially to ₹1010.00 lakhs as of December 31, 2025, from ₹5.00 lakhs in the previous periods. This change reflects a significant capital restructuring during the current financial year.

EPS Metrics: Q3 FY26 Q3 FY25 YTD FY26
Basic EPS (₹): 29.55 -13.50 69.73
Diluted EPS (₹): 29.55 -13.50 69.73

Regulatory Compliance and Governance

The financial results have been prepared in accordance with Indian Accounting Standards (Ind AS) prescribed under the Companies Act, 2013. The unaudited results were reviewed by the audit committee and approved by the board of directors at their meeting held on February 14, 2026. The statutory auditors have issued an unmodified opinion on these results pursuant to SEBI LODR Regulations.

Management and Documentation

The results were signed off by Paramjeet Singh Chhabra, Managing Director (DIN: 00153183), from the company's registered office in New Delhi. The complete format of the unaudited financial results is available on the BSE website ( www.bseindia.com ) and the company's official website ( www.springformtech.com ) for stakeholder reference.

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Springform Technology Promoters File SEBI Disclosure After ₹10.05 Crore Share Allotment

3 min read     Updated on 06 Jan 2026, 04:26 PM
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Reviewed by
Jubin VScanX News Team
Overview

Springform Technology Limited successfully raised ₹10.05 crore through preferential allotment of 1,00,50,000 equity shares at ₹10 per share to 27 investors, with promoters receiving 75,11,000 shares. Following this substantial acquisition, the promoter group filed mandatory SEBI regulatory disclosures, expanding the company's equity capital from ₹5 lakh to ₹10.10 crore and increasing promoter holding to 74.71%.

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Springform Technology Limited has successfully completed its preferential share allotment, raising ₹10.05 crore through the issuance of 1,00,50,000 equity shares to 27 investors across promoter and non-promoter categories. The Board of Directors approved the allotment on December 27, 2025, following BSE's in-principle approval dated December 15, 2025. Subsequently, the promoter group filed mandatory regulatory disclosures with BSE on January 6, 2026.

Preferential Share Allotment Details

The company allotted 1,00,50,000 equity shares at ₹10.00 per share, raising a total amount of ₹10.05 crore. The allotment was made in dematerialized form and the shares rank pari-passu with existing equity shares. Promoters received 75,11,000 shares while non-promoters were allocated 25,39,000 shares.

Allotment Parameters: Details
Total Shares Allotted: 1,00,50,000 shares
Issue Price: ₹10.00 per share
Total Amount Raised: ₹10.05 crore
Number of Allottees: 27 investors
BSE Approval Date: December 15, 2025
Board Meeting Date: December 27, 2025

SEBI Regulatory Disclosure Filing

Following the substantial acquisition of shares, the promoter group filed mandatory disclosures under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The disclosure was submitted to BSE on January 6, 2026, by Paramjeet Singh Chhabra on behalf of all promoters and persons acting in concert.

Promoter Group Details: PAN Number Category
Paramjeet Singh Chhabra: AARPS2958L Promoter
Amarjeet Kaur: AAKPK7921N Promoter
Amandeep Singh: AGHPD6254C Promoter
Harinder Singh Sachdev: AATPS3488B Promoter Group
Paramjeet Kaur Chhabra: AADPC9302N Promoter Group

Major Allottees and Share Distribution

The allotment significantly altered the company's shareholding structure. Among promoters, Amarjeet Kaur and Paramjeet Singh Chhabra each received the largest allocation of 29,64,000 shares, while Amandeep Singh was allotted 15,83,000 shares. In the non-promoter category, Securocrop Securities India Private Limited received the highest allocation of 6,51,000 shares.

Top Allottees: Category Shares Allotted Post-Allotment Holding (%)
Amarjeet Kaur: Promoter 29,64,000 29.49%
Paramjeet Singh Chhabra: Promoter 29,64,000 29.49%
Amandeep Singh: Promoter 15,83,000 15.74%
Securocrop Securities: Non-Promoter 6,51,000 6.49%
Sangita Gupta: Non-Promoter 4,20,000 4.18%
Roopsi Agarwal: Non-Promoter 2,75,000 2.72%

Shareholding Pattern Changes

The preferential allotment resulted in substantial changes to the shareholding pattern. The equity share capital expanded from ₹5.00 lakh (50,000 shares) to ₹10.10 crore (1,01,00,000 shares). The promoter group's collective holding increased to 74.71% post-allotment, with the three main promoters significantly increasing their stakes.

Capital Structure Changes: Before Allotment After Allotment
Equity Share Capital: ₹5.00 lakh ₹10.10 crore
Total Number of Shares: 50,000 1,01,00,000
Promoter Group Holding: 70.10% 74.71%
Face Value per Share: ₹10.00 ₹10.00

Corporate Transformation Continues

This preferential allotment forms part of Springform Technology's broader strategic transformation. The company has already completed its registered office shift from Mumbai, Maharashtra to New Delhi, effective November 19, 2025. The new registered office is located at 2/70, Block-2, 3rd Floor, WHS, Kirti Nagar, New Delhi-110015.

The company has also changed its Registrar and Share Transfer Agent to Skyline Financial Services Private Limited and altered its main objects clause to focus on manufacturing and trading in aluminium products, sheet metal articles, and high-performance coatings. The Board has recommended increasing borrowing limits to ₹100.00 crore to meet working capital requirements and fund capital expenditure programs, positioning the company for enhanced operational efficiency and growth in the aluminium and metal products sector.

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