Scoda Tubes Limited Approves Financial Results for FY 2026; Withdraws Proposed EUR 7,000 Investment
Scoda Tubes Limited announced key outcomes from its Board meeting held on May 26, 2026. The Board considered and approved the audited financial statements and results for the financial year ending March 31, 2026, along with the results for the quarter ended March 31, 2026.The company also made a material operational update, approving the cancellation of a previously proposed investment.
Financial Results and Performance
The Board approved the audited financial results for the quarter and year ended March 31, 2026. The financial statements provided reflect the company’s manufacturing and export activities for stainless-steel tubes, pipes, and U-tubes.The audited Statement of Financial Results for the quarter and year ended March 31, 2026, shows the following key figures:
| Particulars | For the Quarter Ended 31/03/2026 | For the Year Ended 31/03/2026 |
|---|---|---|
| Revenue from operations | 1,235.69 | 4,848.90 |
| Other Income | 44.03 | 39.56 |
| Total Income | 1,279.72 | 4,888.46 |
| Total Expenses | 1,186.15 | 4,469.44 |
| Profit / (Loss) before exceptional items and tax | 93.57 | 419.02 |
| Profit / (loss) for the period | 63.19 | 317.41 |
For the full fiscal year ended March 31, 2026, the total income stood at 5,292.21, while the total expenses were 4,764.89.
Balance Sheet and Cash Flow Overview
The Statement of Assets and Liabilities and the Statement of Cash Flows for the respective years were also approved by the Board.Statement of Assets and Liabilities
A comparative view of the key financial positions is presented below:| Particulars | As at 31-03-2026 (Audited) | As at 31-03-2025 (Audited) |
|---|---|---|
| TOTAL ASSETS | 6,578.96 | 4,463.59 |
| Property, Plant and Equipment | 1,549.46 | 2,058.3 |
| Other Non Current Assets | 417.78 | 1,377.57 |
| Inventories | 2,098.07 | 1,497.97 |
| TOTAL EQUITY AND LIABILITIES | 6,575.96 | 4,463.59 |
| Equity Share Capital | 599.09 | 441.95 |
| Other Equity | 3,304.00 | 1,503.85 |
| Financial Liabilities (Current) | 1,411.92 | 1,583.45 |
| Other Financial Liabilities (Current) | 993.84 | 684.51 |
| TOTAL EQUITY AND LIABILITIES | 6,575.96 | 4,463.59 |
Statement of Cash Flows
The Net Cashflow from Operating Activities for the year 2025-26 was (137.94), while the amount for 2024-25 was 115.16.Corporate Investment Update
The Board of Directors also addressed a proposed investment that was previously noted on September 01, 2025. The company approved the cancellation and withdrawal of the proposed investment transaction involving EUR 7,000 (Seven Thousand Euro).The decision to withdraw the investment was taken due to operational difficulties faced by the Company in remitting the proposed investment amount from India to the host country. These difficulties include various related factors such as banking procedures, foreign exchange constraints, and practical challenges impacting the overall feasibility and timely execution of the transaction.
SCODATUBES Stock Price Movement
Shares of Scoda Tubes Limited today slipped by 0.22% to close at ₹138.33. The stock settled on significant buying interest, completing trading on a volume of 269,943 shares.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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