Systematic Industries Reports 36.6% Profit Growth in H1 FY2026, Appoints New Secretarial Auditors

1 min read     Updated on 04 Nov 2025, 02:22 PM
scanx
Reviewed by
Jubin VergheseScanX News Team
Overview

Systematic Industries Limited announced robust financial results for H1 FY2026. Total income increased by 58.3% to Rs 26,211.15 lacs, while profit grew 36.6% to Rs 928.48 lacs. The company successfully completed its IPO, raising Rs 10,779.60 lacs by issuing 5,528,000 equity shares at Rs 195 each. IPO proceeds were used to repay borrowings, cover issue expenses, and for general corporate purposes. Cash and cash equivalents significantly improved to Rs 11,988.49 lacs. The company appointed M/s KDA Associates as Secretarial Auditors for FY 2025-26.

23791927

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

Systematic Industries Limited (BSE: 544541) has announced its unaudited financial results for the half-year ended September 30, 2025, showcasing robust growth and strategic developments. The company, which recently completed its initial public offering (IPO), has reported significant improvements in its financial performance and made key appointments.

Financial Highlights

The company's financial results for H1 FY2026 reveal impressive growth:

Metric H1 FY2026 H1 FY2025 YoY Change
Total Income 26,211.15 16,562.46 58.3% ↑
Profit 928.48 679.82 36.6% ↑
Basic & Diluted EPS 5.52 4.05 36.3% ↑

All financial figures in lacs of Indian Rupees (Rs)

The company's total income reached Rs 26,211.15 lacs, while total expenses were Rs 24,577.90 lacs for the period.

Balance Sheet Strengthening

Systematic Industries has significantly improved its liquidity position:

  • Cash and cash equivalents increased to Rs 11,988.49 lacs from Rs 460.85 lacs in the previous period.
  • The company's total assets grew to Rs 33,432.07 lacs as of September 30, 2025, compared to Rs 20,016.57 lacs on March 31, 2025.

Initial Public Offering (IPO)

During the period, Systematic Industries successfully completed its IPO:

  • Issued 5,528,000 equity shares at Rs 195 each.
  • Total funds raised: Rs 10,779.60 lacs.
  • Utilization of IPO proceeds:
    • Repayment of borrowings: Rs 9,500.00 lacs
    • Issue-related expenses: Rs 850.61 lacs
    • General corporate purposes: Rs 428.99 lacs

Corporate Governance

The Board of Directors has made a key appointment to enhance corporate governance:

  • M/s KDA Associates, Practicing Company Secretaries, appointed as Secretarial Auditors for FY 2025-26.

Operational Performance

The company's revenue from operations increased significantly to Rs 25,368.10 lacs in H1 FY2026 from Rs 16,467.97 lacs in H1 FY2025, indicating strong market demand for the company's products or services.

Conclusion

Systematic Industries' improved financial position and successful IPO have strengthened its balance sheet. The repayment of borrowings using IPO proceeds may potentially reduce finance costs in future periods. The company's performance in the coming quarters will be of interest to investors and stakeholders.

like16
dislike
Explore Other Articles