ENCLOSED HEREWITH BOARD MEETING OUTCOME DATED 10/02/2026
Awaiting price reaction for this filing.
Satani Bearings Limited (formerly Deccan Bearings Limited) submitted its unaudited standalone financial results for the quarter and nine months ended December 31, 2025, approved at a board meeting on February 10, 2026. Revenue from operations for Q3 FY26 stood at around Rs. 19.01 crore, with total income of roughly Rs. 19.08 crore, a sharp jump from negligible revenue reported in the corresponding prior periods. Despite the revenue surge, the company posted a loss of about Rs. 15.47 lakh for the nine months ended December 2025, continuing the loss-making trend from FY25 (loss of Rs. 16.30 lakh). Basic EPS for nine months FY26 was negative Rs. 0.75. The auditor flagged that sales were primarily with related parties and that purchases were concentrated mostly with one party, while noting no modification to their review conclusion.
Shareholders should note that the company remains loss-making at the bottom line despite a dramatic revenue uptick, suggesting business is in early or transitional stages. The auditor's explicit mention of related-party-dominated sales and single-supplier purchase concentration raises governance and concentration-risk concerns that investors should monitor closely.