Sylph Industries Limited (formerly known as Sylph Technologies Limited) announced its Q3FY26 quarterly results for the quarter ended December 31, 2025, demonstrating a strong turnaround in financial performance. The company's Board of Directors approved the unaudited standalone and consolidated financial results during their meeting held on February 12, 2026.

Financial Performance Overview

The company delivered impressive consolidated results for Q3FY26, marking a significant improvement from the previous year's performance.

Standalone Results Performance

On a standalone basis, the company also showed positive momentum with revenue from operations reaching ₹1115.14 lacs in Q3FY26 compared to ₹102.93 lacs in Q3FY25. Net profit after tax stood at ₹15.72 lacs against a loss of ₹154.47 lacs in the corresponding quarter of the previous year.

Nine Months Performance

For the nine months ended December 31, 2025, consolidated revenue from operations reached ₹9348.78 lacs compared to ₹177.93 lacs in the corresponding period of FY25. Net profit after tax for the nine-month period was ₹606.13 lacs versus a loss of ₹105.26 lacs in the previous year.

Segment-wise Revenue Analysis

The company's diversified business segments contributed to the strong performance:

Corporate Governance Updates

The Board approved a postal ballot notice for obtaining members' approval for changing the designation of Mr. Hasmukh Nanalala Shah (DIN: 00398666) from Non-Executive Non-Independent Director to Executive-Managing Director. Vishakha Agrawal, Practicing Company Secretaries, was appointed as the Scrutinizer for the postal ballot process. The cut-off date for determining voting eligibility was fixed as February 13, 2026.

Capital Structure Changes

During Q3FY26, the company issued bonus equity shares in the ratio of 5 fully paid-up equity shares for every 11 existing fully paid-up equity shares held, through capitalization of securities premium reserve. The paid-up equity share capital increased to ₹12330.79 lacs from ₹8477.56 lacs in the previous quarter.

Auditor's Review

The financial results were subject to limited review by F H M S V & Co., Chartered Accountants. The auditors noted emphasis of matters regarding unsecured loans, advances, and outstanding balances subject to confirmations and reconciliations. The results were reviewed by the Audit Committee and adopted by the Board of Directors on February 12, 2026.

Sylph Technologies Limited has announced a key leadership transition with the promotion of Mr. Hasmukh Nanalal Shah to the position of Executive Managing Director. The company informed BSE Limited of this significant organizational change on December 11, 2025, in compliance with SEBI listing regulations.

Leadership Transition Details

The appointment represents a change in designation from Mr. Shah's previous role as Non-Executive Non-Independent Director to Executive Managing Director. This transition took immediate effect based on the recommendation of the company's Nomination and Remuneration Committee.

Appointment Terms and Duration

Mr. Shah has been appointed for a substantial five-year term as Managing Director. The appointment period extends from December 11, 2025, to December 10, 2030, providing leadership continuity for the organization.

Director Profile and Qualifications

Mr. Hasmukh Nanalal Shah brings relevant experience in finance management to his new executive role. The company has confirmed that he is not related to any other directors of the organization, maintaining board independence in relationships.

Regulatory Compliance

The announcement was made in accordance with Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company also referenced SEBI Master Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024, in its disclosure.

Sylph Technologies Limited confirmed that Mr. Shah is not debarred from holding the office of director by virtue of any SEBI order or any other regulatory authority. The company operates under CIN L36100MP1992PLC007102 and maintains its corporate office at Skye Corporate Park, A.B Road, Indore.