BSEM P K Steels (I) LtdHighNeutral
Announced Fri, 29 May · 20:07 IST

We enclosure herewith the Financial results for the half year and the year ended march 31, 2026.

Revenue Growth 20pctNegative Operating CashflowRelated Party TransactionsResults View source PDF

Price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve 14 horizons · vs prior close
-0.7%1-day move
₹122.75
prior close
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AI summary

M P K Steels reported revenue of ₹9,050.28 Lakhs for FY26, up 50.8% from ₹5,999.95 Lakhs in FY25. Net profit grew modestly from ₹573.58 Lakhs to ₹605.85 Lakhs (5.6% growth). The company completed its IPO in October 2025, raising ₹2,573.50 Lakhs by issuing 32.57 lakh equity shares at ₹70 per share. Total assets nearly doubled to ₹11,746.41 Lakhs from ₹6,241.05 Lakhs. However, operating cash flow turned negative at ₹361.02 Lakhs despite positive operating profit, driven by a massive ₹2,983.28 Lakhs increase in trade receivables. Finance costs doubled to ₹1,658.09 Lakhs. EPS declined from ₹8.28 to ₹7.08 due to increased share capital from the IPO. Auditors issued an unmodified opinion.

Likely market impact

Strong revenue growth but negative operating cash flow and rising finance costs signal liquidity stress. The EPS decline despite profit growth reduces per-share attractiveness for investors. The trade receivables surge warrants monitoring.