Outcome
SIGACHI · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Sigachi Industries reported audited FY2026 results with a massive net loss of Rs. 7,954.65 lakhs on standalone (vs profit of Rs. 4,766.75 lakhs in FY25) and Rs. 8,280.62 lakhs on consolidated basis. Revenue declined 7% YoY to Rs. 37,904 lakhs (standalone) and Rs. 47,783 lakhs (consolidated). The company recorded exceptional items of Rs. 11,821.31 lakhs due to a fire accident at its Hyderabad plant on June 30, 2025, which caused loss of 54 team members, damage to PPE and inventories, and temporary suspension of operations. Despite the huge loss, the board recommended a final dividend of Re. 0.10 per share. Statutory auditors issued unmodified opinions. The company also appointed new cost auditors and internal auditors for FY2026-27.
The significant loss due to the fire accident is a major concern for shareholders. While the audit opinion is clean and operations continue, the Rs. 11.8 crore exceptional loss will severely impact book value and EPS. The stock may face pressure in near term despite dividend announcement.