Outcome of Board Meeting
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
SNL Bearings posted Q3 FY26 revenue of ₹14.26 crore, up 14.3% YoY, with 9M FY26 revenue rising 10.8% to ₹41.40 crore. Profitability came under sharp pressure — Q3 PAT dipped to ₹2.65 crore (down ~9% YoY) and 9M PAT fell ~26% to ₹8.06 crore from ₹10.86 crore. PAT margin compressed steeply from 29.1% to 19.5% in 9M, indicating rising cost pressure. The board cleared a ₹8 crore capacity expansion (20-25% volume uplift over 2 years from Q1 FY27), fully funded via internal accruals. Company Secretary Ms. Pooja Ponda resigned effective Jan 29, 2026, and the board updated the Related Party Transaction policy per new SEBI norms. Auditor Walker Chandiok issued a clean limited review report.
The sharp PAT decline and margin squeeze may weigh on the stock in the near term, but the self-funded capex signals strong demand visibility and growth intent, offering a positive longer-term angle.