Q1 results, auditor change to Walker Chandiok, CFO resignation

Revenue Growth 20pctPat Growth 25pctAuditor Mid Year ChangeExceptional ItemResults View source PDF Explain this filing

SBCL · price

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

Price reactionminutes from the announcement price · days from the prior close

+19.9%Reaction day

₹767.90

prior close

₹850.00

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+0.0%+19.9% vs market

Iron & Steel Products peers, median of 98sector-0.2%+20.1% vs sector

On the reaction day the stock moved 19.9 pts more than Nifty Microcap 250 and 20.1 pts more than its Iron & Steel Products peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

-0.5

10m

+1.6

15m

+4.2

30m

+4.7

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+19.9+0.0+19.9-0.2+20.1

Next day

+43.9-0.0+43.9+0.1+43.8

+35.3-0.2+35.5+0.0+35.3

+33.7+0.2+33.5-0.4+34.0

+31.6+0.3+31.3-0.9+32.5

+35.2+0.4+34.8-1.0+36.3

+33.2+0.9+32.3-1.6+34.8

15d

+36.2+1.6+34.7+1.5+34.8

+43.0+2.0+40.9-0.2+43.2

+42.6+0.6+42.1+0.3+42.3

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UpDownMarket · Nifty Microcap 250Sector · Iron & Steel Products peers, median of 98Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Board approved Q1 FY27 results. Consolidated revenue rose 33 percent to Rs 182.2 crore, PAT up 45 percent at Rs 33 crore, EPS Rs 5.73. Standalone revenue Rs 131.8 crore, PAT Rs 26.4 crore. Statutory auditor Arora Gupta resigned citing inability to handle expanded audit scope due to company growth; replaced by Walker Chandiok and Co LLP. CFO Rajeev Ranjan resigns Oct 31. Final dividend record date Aug 26; AGM Sept 2.

Likely market impact

Strong quarterly growth and upgrade to a top-tier auditor are positives; CFO exit mid-year needs monitoring. Dividend record date set for Aug 26.