The Board of the directors of the company has considered and approved the standalone Audited financial results for the quarter ended on March 31, 2026 along with statements of Assets and ....
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Ahmedabad Steelcraft Ltd reported strong FY2025-26 results with revenue growing 28.7% to Rs 22,127.56 Lakhs from Rs 17,188.22 Lakhs. Profit after tax jumped 74% to Rs 1,864.34 Lakhs versus Rs 1,070.39 Lakhs in the previous year. The Board declared an EPS of Rs 13.50 for the year. The statutory auditor issued an unqualified (clean) opinion on the financial statements. However, operating cash flow remained significantly negative at Rs 2,179.27 Lakhs, though improved from Rs 7,671.95 Lakhs in the prior year. Trade receivables nearly doubled to Rs 21,178.44 Lakhs from Rs 12,247.07 Lakhs. The company raised Rs 2,277 Lakhs from warrant conversions and Rs 1,646.55 Lakhs from bank borrowings. The Board also appointed M/s Vars and Associates as internal auditor for FY2026-27.
Positive revenue and profit growth signals strong operational performance, but the persistent negative operating cash flow and ballooning receivables warrant caution for investors. The clean audit opinion provides assurance on financial reporting integrity.