Pursuant to Regulation 33 and all other applicable regulations, if any of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the Audited Financial Results for quarter ....
SAHYADRI · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Sahyadri Industries Limited reported strong FY2026 results with net profit growing 49% to ₹29 crore from ₹19.46 crore in the prior year. Revenue from operations increased 12.7% to ₹676.83 crore from ₹600.53 crore. The Board approved an unmodified (clean) audit opinion and recommended a final dividend of ₹1.5 per share. Key changes include appointment of Mr. Sunil Suratwala as Independent Director, re-appointment of two existing Independent Directors for second terms, and re-appointment of statutory auditors M/s Joshi Apte & Co. for five years. The company is expanding with a new asbestos sheet unit in Odisha (120,000 MT capacity) and a non-asbestos cement board plant in Maharashtra (72,000 MT capacity). An exceptional item of ₹64.50 lakhs was recognized due to new labour code provisions.
Strong profit growth and clean audit opinion are positive signals for shareholders. The dividend and expansion plans indicate confidence in future prospects, though investors should monitor capital expenditure for the new plants.