Outcome of the Board Meeting held on Thursday, 12th February, 2026.
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Awaiting price reaction for this filing.
Sylph Industries' Board approved its unaudited standalone and consolidated financial results for Q3 FY26 (ended 31st Dec 2025). Standalone revenue surged to ₹1,150.57 lakhs in Q3 FY26 from just ₹102.93 lakhs in Q3 FY25, while 9M FY26 revenue jumped to ₹8,530.41 lakhs (vs ₹177.93 lakhs in 9M FY25). The company swung to a standalone net profit of ₹15.72 lakhs in Q3 FY26 from a loss of ₹154.47 lakhs a year ago; 9M FY26 PAT stood at ₹333.65 lakhs vs a loss of ₹105.26 lakhs earlier. On a consolidated basis, 9M FY26 revenue was ₹9,404.31 lakhs with PAT of ₹606.13 lakhs. The Board also cleared a Postal Ballot notice to change Mr. Hasmukh Shah's designation from Non-Executive Non-Independent Director to Executive-Managing Director. The auditor issued a Limited Review Report with an Emphasis of Matter flagging three concerns: interest not provided on unsecured loans taken, interest income not recognized on loans/advances given, and pending confirmations/reconciliations of trade and loan balances.
Sharp revenue and PAT turnaround from a low base looks positive, but the auditor's emphasis-of-matter items on unrecorded interest and unreconciled balances are red flags investors should watch. The proposed Managing Director change and recent bonus issue (5:11) may boost liquidity but warrant scrutiny on governance.