Financial Results for the FY 2025-26 attached
SHYAMCENT · price
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Shyam Century Ferrous Limited has reported audited financial results for FY 2025-26 with significant operational changes. The company ceased manufacturing operations at its sole production facility in Meghalaya effective 7th May 2025, following shareholder approval on 9th February 2026. Revenue from discontinued operations dropped sharply to ₹2,240.21 Lakhs from ₹11,314.61 Lakhs in the previous year. The company posted a net loss of ₹916.59 Lakhs from discontinued operations, compared to a loss of ₹930.84 Lakhs in FY 2024-25. Other Comprehensive Income stood at ₹582.31 Lakhs primarily from fair value changes in equity investments. The Balance Sheet shows significant investments of ₹11,409.48 Lakhs (non-current ₹10,955.61 Lakhs + current ₹453.87 Lakhs), providing a substantial liquidity buffer. The auditors issued an unmodified opinion with an Emphasis of Matter highlighting the business discontinuation but confirming no going concern doubts.
The stock is now essentially a cash/investment play with no core business operations. Shareholders face continued losses until the company identifies new business opportunities. The substantial investment portfolio of over ₹11,400 Lakhs provides downside protection but earnings visibility remains extremely low.