Please find enclosed the Quarterly results for the Quarter ended on 31st December, 2025
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Simplex Castings reported Q3 FY26 revenue from operations of Rs 4,753.31 lakhs, nearly flat versus Rs 4,791.84 lakhs in Q3 FY25, while profit after tax fell to Rs 476.09 lakhs from Rs 629.12 lakhs, a drop of about 24%. On a nine-month basis, revenue grew strongly to Rs 14,814.01 lakhs from Rs 10,478.75 lakhs (up ~41%) and PAT rose to Rs 1,507.61 lakhs from Rs 1,154.50 lakhs (up ~31%). The board also approved raising up to Rs 50.15 crore by issuing 10,15,182 equity shares at Rs 494 each on a preferential basis to about 55 non-promoter allottees, which would dilute existing shareholders by roughly 11.55%. The statutory auditor (Harsh Jain & Associates) issued an unqualified limited review report with no qualifications or emphasis of matter.
The 9-month topline and profit growth is healthy, but the sharp sequential slowdown in Q3 (flat revenue, lower PAT) and shrinking margins may pressure the stock in the near term. The Rs 50.15 crore preferential issue at a premium is positive for the balance sheet but will dilute existing shareholders by about 11.55%, and shareholder approval will be sought at the EGM on March 2, 2026.