Announced Wed, 27 May · 17:48 IST

Audited Financial Results for FY 25-26

Pat NegativeNegative Operating CashflowResults View source PDF

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AI summary

Shree Steel Wire Ropes Ltd reported audited financial results for the year ended March 31, 2026. The auditors Chandak Agarwal & Co issued an unmodified opinion, confirming the financial statements present a true and fair view. Total equity declined from Rs 1,328.82 lakh (FY25) to Rs 1,276.24 lakh (FY26), indicating the company posted a net loss for the year. The company also appointed Mrs. Jyoti Kashyap Padia as Company Secretary and Compliance Officer, and re-appointed Praveen Chandak & Associates as internal auditor for FY 2026-27. Operating cash flow was negative at Rs 77.63 lakh for the year.

Likely market impact

The company appears to be loss-making with declining equity and negative operating cash flow, which could be concerning for shareholders. However, the clean (unmodified) auditor opinion provides some comfort regarding financial statement reliability.