Sp Refractories Reports Audited Financial Results for Half-Year and Full Year Ended March 31, 2026
Sp Refractories Limited, a group company of Mr. Prabodh S Kale, has released its audited financial results for the half-year and the full financial year ending March 31, 2026. The Board of Directors approved the financial results, which were based on the half-year and year to date audited standalone financial statements.The company's financial performance metrics and positions for the financial year ended March 31, 2026, are detailed in the published statements.
Financial Performance Summary
According to the Statement of Standalone Financial Results, the company reported key figures for the period.| Particulars | Half Year Ended 31 Mar'26 (Audited) | Year Ended 31 Mar'26 (Audited) |
|---|---|---|
| Revenue from operations (net) | 1,185.36 Lacs | 2,815.16 Lacs |
| Total Income | 1,187.34 Lacs | 2,817.43 Lacs |
| Total Expenses | 1,006.95 Lacs | 2,343.53 Lacs |
| Profit before exceptional and extraordinary items and tax | 180.39 Lacs | 473.90 Lacs |
| Profit / (Loss) for the year | 133.24 Lacs | 352.89 Lacs |
| Earning per equity share (Basic/Diluted) | 7.45 Rs | 19.72 Rs |
The company also reported that the Net Profit for the Year Ended March 31, 2026, from continuing operations was 352.89 Lacs, resulting in an earning per equity share of 19.72 Rs.
Balance Sheet and Assets Overview
The Statement of Standalone Assets & Liabilities for the year ended March 31, 2026, showed the following total figures:| Category | As on 31 March 2026 (Audited) | As on 31 March 2025 (Audited) |
|---|---|---|
| Total Equity and Liabilities | 1,877.48 Lacs | 1,888.05 Lacs |
| Total Assets | 1,877.48 Lacs | 1,888.05 Lacs |
A notable change was observed in Reserves and surplus, which increased to 1,432.85 Lacs on March 31, 2026, compared to 1,079.96 Lacs the previous year. Current liabilities remained significantly lower at 135.53 Lacs, down from 480.78 Lacs on March 31, 2025.
Cash Flow Movement
The Cash Flow Statement revealed operational cash generation for the period. Net cash flow from operating activities for the year ending March 31, 2026, stood at 130.62 Lacs, compared to 149.76 Lacs in the previous year.The cash and cash equivalents at the end of the year were 0.73 Lacs, an increase from 0.59 Lacs recorded at the end of the previous financial year.
Key Financial Ratios
The company’s financial health, measured by various ratios, showed improvements in liquidity and debt management.| Ratio | 31 Mar'26 | 30 Sept'25 | 31 Mar'25 | 31 Mar'26 | 31 Mar'25 |
|---|---|---|---|---|---|
| Current Ratio | 8.10 | 4.13 | 2.42 | 8.10 | 2.42 |
| Debt-Equity Ratio | 0.07 | 0.10 | 0.35 | 0.07 | 0.35 |
| Operating Margin (%) | 15.43 | 18.64 | 10.34 | 17.29 | 10.35 |
| Net Profit Margin (%) | 11.24 | 13.48 | 7.06 | 12.54 | 6.91 |
The Debt-Equity Ratio remained stable at 0.07 for both the half-year and full year periods, indicating a significantly lower reliance on debt compared to the previous year. Furthermore, the Current Ratio recorded 8.10, substantially higher than the 2.42 recorded on March 31, 2025.
Investor Funding Activity
The company also provided details regarding its Initial Public Offering (IPO) proceeds. Sp Refractories Limited issued and allotted 2,97,600 equity shares of Rs. 10 each at a price of Rs. 90 per share through the Initial Public Offering, totaling Rs. 267.84 Lacs. The net issue proceedings, excluding expenses, amounted to 238.17 Lacs, which was utilized fully for funding working capital requirement and general corporate purposes.SPRL Stock Price Movement
As of 2:17 PM, shares of Sp Refractories Limited are holding steady at ₹94.00 in live trading, maintaining a flat day with no percentage change. The stock is currently trading slightly above its year-low of ₹93.95, setting the context for its wider range between ₹93.95 and ₹199.40 over the past year.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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