Pursuant to regulation 33 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we submit herewith Audited Financial Results (Standalone and Consolidated) for 4th ....
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Meenakshi Steel Industries reported FY2026 standalone revenue of Rs.1,824.25L vs Rs.1,777.07L in FY25, a marginal 2.7% increase. Profit before tax grew significantly to Rs.188.69L (up 71% from Rs.110.39L), and net profit after tax rose to Rs.136.70L from Rs.84.12L, representing ~62.5% PAT growth. However, Q4 standalone showed a loss of Rs.53.69L due to high finance costs of Rs.508.20L. Total comprehensive income turned negative at Rs.240.62L due to significant negative OCI of Rs.377.32L from fair value changes on investments. Borrowings nearly doubled from Rs.10,600L to Rs.17,500L, and total assets grew substantially to Rs.32,040L from Rs.25,362L. The company is primarily in finance and investment activities. Statutory auditors issued an unmodified opinion confirming clean audit.
The company showed strong full-year profitability growth but faces rising debt levels with debt-to-equity crossing 1.0x threshold. The large negative OCI and Q4 loss may create near-term pressure on investor sentiment despite healthy underlying PAT growth.