Saurashtra Cement Limited Approves Audited Financial Results and Appoints Statutory Auditors
Saurashtra Cement Limited announced on May 12, 2026, that its Board of Directors approved the audited financial results for the Fourth Quarter and the Financial Year ended March 31, 2026. The company also confirmed the appointment of external auditors for the upcoming financial year.At a board meeting held on May 12, 2026, the Board of Directors approved the standalone and consolidated audited financial results for the quarter and financial year ended March 31, 2026.
The company reported that M/s. Manubhai & Shah LLP, Statutory Auditors, issued their audit reports on the audited financial results for the Fourth Quarter and Financial Year ended March 31, 2026, with an unmodified opinion.
Appointment of Cost and Internal Auditors
The Board of Directors, following recommendations from the Audit Committee, approved the appointment of two key auditing firms for the Financial Year 2026-27.The appointments are as follows:
- Cost Auditors: M/s. Goyal & Co., Cost Accountants, Jaipur, has been appointed to conduct the audit of cost records maintained by the Company for the Financial Year 2026-27.
- Internal Auditors: M/s. Pipalia Singhal & Associates, Chartered Accountants, Mumbai, has been appointed as the Internal Auditors to conduct the internal audit of the records maintained by the Company for the Financial Year 2026-27.
The company provided details on both firms, noting that M/s. Goyal & Co., established in 1990, specializes in cost internal audits and budgeting. M/s. Pipalia Singhal & Associates, established in 1994, specializes in Internal Audit and management consultancy.
Financial Snapshot: Key Results
The audited financial results provide a detailed financial picture of the company’s performance and financial structure. The key financial figures for the Standalone, Consolidated Balance Sheet, and Cash Flow are summarized below.Financial Statements Data Comparison (in ₹ lakhs)
| Particulars | Standalone (Mar 31, 2026) | Standalone (Mar 31, 2025) | Consolidated (Mar 31, 2026) | Consolidated (Mar 31, 2025) |
|---|---|---|---|---|
| Total Assets (End of Year) | 158,795.49 | 160,282.30 | 158.79383 | 160.282.76 |
| Total Equity | 96,163.63 | 94,738.99 | 96,163.63 | 94,738.99 |
| Total Liabilities | 1,58,793.49 | 1,60,282.30 | 1,58,793.83 | 1,60,282.76 |
| Cash & Cash Equivalents (Closing) | 7,862.24 | 601532 | 7,870.74 | 6,039.26 |
| Operating Profit (EBITDA basis) | 69,159.6 | 575,140 | 6,915.96 | 575,140 |
Cash Flow Summary (in ₹ lakhs)
| Cash Flow Component | FY Ended 31.03.2026 | FY Ended 31.03.2025 |
|---|---|---|
| Net Cash From Operating Activities | 363,078 | 302,299 |
| Net Cash From Investing Activities | 1,905.96 | (524.79) |
| Net Cash From Financing Activities | (3,689.82) | 267,856 |
| Net Increase in Cash and Cash Equivalents | 184,692 | 5176.76 |
The financial statements provide a detailed breakdown of assets, liabilities, and cash flows, including notable items such as Property, Plant and Equipment and changes in inventories.
SAURASHCEM Stock Price Movement
Saurashtra Cement Limited shares are edging higher to ₹61.98 as of 2:39 PM, gaining 0.29% in live trading. The stock shows strong market interest, evidenced by 120,338 shares traded during the day's session.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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