Submission of Outcome of Board meeting held on 19.05.2026.
SGIL · price
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Synergy Green Industries reported FY2025-26 results with revenue from operations at Rs. 36,641.94 lakhs, marginally up from Rs. 36,226.90 lakhs in the previous year (growth of ~1.1%). Profit before tax declined significantly to Rs. 755.28 lakhs from Rs. 2,498.59 lakhs in the prior year. The company recorded an exceptional item of Rs. 65.42 lakhs due to the statutory impact of new Labour Codes (gratuity and leave liability increases). No equity dividend was recommended for FY2025-26 (previous year: Rs. 1 per share), while 10% preference dividend was maintained. The Board appointed new statutory auditor M/s P. G. Bhagwat LLP for 5 years. Long-term borrowings nearly tripled to Rs. 14,800.18 lakhs, funding major capex that increased PPE from Rs. 9,101.79 lakhs to Rs. 24,008.94 lakhs. Operating cash flow turned positive at Rs. 1,926.54 lakhs from negative Rs. 1,639.05 lakhs previously.
Shareholders face a mixed picture: revenue growth is minimal while profitability declined substantially, likely compressing margins. The elimination of equity dividend and heavy debt-funded expansion may concern investors, though positive operating cash flow is a bright spot.