the Board of Directors of the Company, in their meeting held today i.e. on 29th May, 2026 has approved the Audited Standalone Financial Statements of the Company for Half Year and Financial Year ....
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Mittal Sections Ltd reported audited standalone financial results for FY26 ended March 31, 2026. Revenue from operations grew 8.56% to ₹14,858.04 lakhs from ₹13,686.29 lakhs in FY25. Profit After Tax (PAT) increased marginally by 0.5% to ₹345.50 lakhs versus ₹343.78 lakhs. EPS declined from ₹4.37 to ₹3.61 per share due to additional shares from the October 2025 IPO. The company raised ₹4,440.08 lakhs through its IPO. Operating cash flow turned negative at ₹-631.91 lakhs, primarily due to a significant increase in trade receivables (₹827.15 lakhs) and inventories (₹568.14 lakhs). Statutory auditors issued an unmodified (clean) audit opinion.
While revenue shows modest growth, the sharp decline in EPS and negative operating cash flow are concerning signals. Shareholders should monitor the company's working capital management and cash conversion cycle, especially given the higher receivables and inventory build-up.