Pursuant to regulation 30 and 33 of SEBI (LODR) Regulations, 2015, Please find attached outcome of board meeting.
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Supershakti Metaliks Ltd reported audited standalone revenue of Rs. 70,510.01 lakhs for FY 2025-26, down from Rs. 73,703.95 lakhs in the previous year, representing a revenue decline of about 4.3%. Standalone net profit dropped to Rs. 856.93 lakhs from Rs. 1,242.98 lakhs (31% decline), while EPS fell to Rs. 7.44 from Rs. 10.78. However, consolidated net profit increased significantly to Rs. 2,767.11 lakhs from Rs. 1,290.23 lakhs due to share of profit from associate Giridhan Metal Private Limited. The company recorded an exceptional item of Rs. 88.57 lakhs due to implementation of new Labour Codes. The Board recommended a final dividend of Rs. 0.50 per share (5%). Statutory auditors Singhi & Co. issued an unmodified (clean) opinion on the financial statements. Operating cash flow turned negative at Rs. 362.03 lakhs compared to positive Rs. 4,838.23 lakhs in the previous year.
The standalone revenue and profit decline reflects challenging market conditions in the iron and steel sector, though the clean audit opinion and associate contribution provide some comfort. The negative operating cash flow is a concern that shareholders should monitor. The dividend recommendation offers some return to investors despite lower profitability.