Further to our letter dated May 04, 2026, we are pleased to forward herewith our audited stand-alone and consolidated financial results for the fourth quarter and year ended 31st March, ....
SAGCEM · price
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Sagar Cements Limited reported audited standalone profit of Rs 3,357 lakhs for FY2026 versus a loss of Rs 8,548 lakhs in FY2025, marking a turnaround from losses. Consolidated revenue grew 17.4% to Rs 2,65,002 lakhs while the consolidated net loss narrowed significantly to Rs 73 lakhs from Rs 21,668 lakhs. The company also announced establishment of a new division called 'Superfine Building Materials' focused on high-precision construction materials and advanced concrete additives, with Shri Bhushan Deshpande appointed as CEO. The Board scheduled the 45th AGM for June 25, 2026. Auditors issued an unmodified (clean) opinion on both standalone and consolidated results.
Return to standalone profitability and strong revenue growth are positive signals for shareholders. However, the company still reports a consolidated net loss and declining cash reserves (cash fell from Rs 7,049 lakhs to Rs 352 lakhs), indicating working capital pressures. The new business division could provide additional revenue streams but details on investment costs are still being worked out.