Electrotherm (India) Share Price

Iron & Steel Products Products company Electrotherm (India) announced Q4FY26 & FY26 results Consolidated Financial Highlights: Quarterly Performance Revenue from Operations: Stood at Rs 1,139.99 crore in Q4FY26, representing a YoY decrease of 1.82% from Rs 1,161.08 crore in Q4FY25 and a QoQ increase of 26.13% from Rs 903.79 crore in Q3FY26. Total Income: Reached Rs 1,142.51 crore in Q4FY26, down by 1.80% YoY compared to Rs 1,163.48 crore and up 26.36% QoQ from Rs 904.18 crore. Net Profit / (Loss): Recorded a net profit of Rs 13.63 crore in Q4FY26, a decrease of 92.65% YoY from Rs 185.50 crore. On a QoQ basis, the company turned around from a net loss of Rs 35.42 crore in Q3FY26. Total Comprehensive Income: Stood at Rs 16.26 crore in Q4FY26, compared to Rs 184.40 crore in Q4FY25. Annual Performance: Revenue from Operations: Reported at Rs 3,692.09 crore for FY26, a decrease of 10.28% from Rs 4,115.37 crore in FY25. Total Income: Declined to Rs 3,697.12 crore in FY26 from Rs 4,123.66 crore in FY25. Net Profit / (Loss): The company reported a net loss of Rs 15.66 crore for FY26, as compared to a net profit of Rs 442.15 crore in FY25. Earnings Per Share (EPS): Basic and diluted EPS (after exceptional items) stood at Rs (12.29) for FY26 compared to Rs 347.06 for FY25. Standalone Financial Highlights: Quarterly Performance: Revenue from Operations: Stood at Rs 1,139.99 crore in Q4FY26, compared to Rs 1,161.08 crore in Q4FY25 and Rs 903.79 crore in Q3FY26. Total Income: Reported at Rs 1,141.96 crore in Q4FY26, up 26.30% QoQ from Rs 904.17 crore. Net Profit / (Loss): Standalone net profit for Q4FY26 was Rs 13.36 crore, as against a net profit of Rs 185.45 crore in Q4FY25. The company turned profitable on a QoQ basis from a loss of Rs 35.50 crore. Annual Performance: Revenue from Operations: Stood at Rs 3,692.09 crore for FY26, compared to Rs 4,115.37 crore in FY25. Net Profit / (Loss): Reported a standalone net loss of Rs 16.18 crore for FY26, compared to a profit of Rs 428.60 crore in FY25. Business Highlights: Segment-wise Performance (FY26): Special Steel Division: The largest contributor to revenue with Rs 2,465.65 crore in FY26, although it registered a segment loss of Rs 10.44 crore. Engineering & Technologies Division: Reported revenue of Rs 1,208.94 crore and a segment profit of Rs 23.81 crore for FY26. Electric Vehicle Division: Reported revenue of Rs 39.60 crore and a segment loss of Rs 8.87 crore for FY26. Audit Qualification and Impact: The Statutory Auditors have issued a qualified opinion regarding the non-provision of interest on NPA loan accounts. For FY26, unprovided interest approximately totals Rs 194.99 crore. Including prior periods, the total unprovided interest till March 31, 2026, stands at Rs 1,407.64 crore. Had this interest been provided, the consolidated net loss for FY26 would have been Rs 210.65 crore instead of the reported Rs 15.66 crore. Debt Settlement and Liabilities: The company received "No Dues Certificates" after making full payment of a settlement amount to Rare Asset Reconstruction Ltd (assignee of Dena Bank). This resulted in a reduction of liabilities by Rs 23.45 crore, of which Rs 3.43 crore was recognized as an exceptional item. Loan Defaults: The company defaulted on loan installments of Rs 24.00 crore and interest of Rs 4.68 crore due to Invent ARC between September 30, 2025, and March 31, 2026. Labour Code Impact: Following the notification of new Labour Codes, the company revised its estimated incremental liability for gratuity and compensated absences. An excess provision of Rs 2.30 crore was reversed and shown as an exceptional item in Q4FY26. Cost Auditor Appointment: The Board approved the appointment of M/s. V. H. Savaliya & Associates, Cost Accountants, as the Cost Auditor for the financial year 2026-27. Result PDF

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