Sigachi Industries Approves FY 2026 Results and Recommends Final Dividend

Sigachi Industries Approves FY 2026 Results and Recommends Final Dividend

Sigachi Industries Approves FY 2026 Results and Recommends Final Dividend​

Sigachi Industries Limited announced the outcomes of its Board meeting held on May 30, 2026. The Board approved the standalone and consolidated financial results for the quarter and the full financial year ended March 31, 2026. Management also recommended a Final Dividend of Re. 0.10 per share, subject to approval by the members at the ensuing Annual General Meeting.

The Board also formalized appointments for the fiscal year 2026-27, designating M/s. MPR & Associates, Cost Accountants, as the Cost Auditors, and M/s. PSRV & Co. LLP, Chartered Accountants, as the Internal Auditors of the Company.

Financial Highlights​

The company presented its audited financial results for the year ended March 31, 2026. The results include the accounting of exceptional items related to a fire accident that occurred at the Hyderabad plant on June 30, 2025.

The financial performance across standalone and consolidated segments is detailed below:

Metric (Rs. in Lakhs)Quarter Ended 31.03.26 (Standalone)Year Ended 31.03.26 (Standalone)Quarter Ended 31.03.26 (Consolidated)Year Ended 31.03.26 (Consolidated)
Total Income9,342.2238,726.9812,324.2248,608.40
Total Expenses8,661.9335,360.8211,439.3845,556.69
Profit/(loss) Before Tax566.74(8,455.14)771.29(8,769.59)
Profit/(loss) for the Period490.50(7,954.65)764.81(8,280.62)

Balance Sheet Position (As at March 31, 2026 vs. 2025)​

The balance sheets show significant movements in assets and liabilities.

ParticularsStandalone (Rs. in Lakhs)Consolidated (Rs. in Lakhs)
Total Assets72,470.86 (2026)84,116.74 (2026)
74,597.00 (2025)84,621.15 (2025)
Total Equity47,590.36 (2026)52,171.62 (2026)
55,965.99 (2025)60,084.96 (2025)

Statement of Cash Flows​

The company’s cash flow statement details operations, investments, and financing activities:

ActivityStandalone (Year ended 31.03.26)Consolidated (Year ended 31.03.26)
Net cash flow from operating activities (A)4,362.06430.33
Net cash flow used in investing activities (B)(8,930.40)(5,255.15)
Net cash flow from financing activities (C)(52.46)224.27
Net increase in cash and cash equivalents (A+B+C)(4,620.81)(4,600.56)

For the year ended March 31, 2026, the company recorded a notable cash generation of Rs. 4,710.50 lakhs from Property, Plant and Equipment loss due to fire, which was reflected in both the standalone and consolidated cash flow statements.

Auditing and Compliance​

Independent auditors, Yelamanchi & Associates Chartered Accountants, issued reports on the financial results. The audit report confirmed an unqualified opinion on the Standalone and Consolidated Audited Financial Results for the quarter and year ended March 31, 2026.

The company also provided details on the utilization of Net IPO Proceeds. Out of a total potential funding amount of Rs. 8,969.82 lakhs, the company reported having utilized the full amount for the expansion of production capacity for MCC at existing facilities at Dahej, Gujarat, and Jhagadia, Gujarat.

Audit and Advisory Appointments​

The Board approved the following external appointments for the financial year 2026-27:

Service TypeFirmFinancial Year
Cost AuditorsM/s. MPR & Associates2026-27
Internal AuditorsM/s. PSRV & Co. LLP2026-27

SIGACHI Stock Price Movement​

On Friday, Sigachi Industries Limited shares edged higher, closing at ₹21.3 after gaining 2.66% on the previous day's session. The equity settled amidst strong trading, with 1.12 million shares recorded in volume.
 

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.

The information provided is for general informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any securities. Readers are advised to rely on their own assessment and judgment and consult appropriate financial advisers, if required, before taking any investment-related decisions.

Any views, opinions, or statements expressed, where applicable, are those of the respective analysts or experts and do not reflect the views of this website. The website has no association with such viewpoints and does not assume any responsibility for them.

Last edited by a moderator:
Back
Top