Steel Strips Infrastructures Ltd (513173)
Latest quarterly results (Q1 FY27)
In its latest reported quarter, Q1 FY27, Steel Strips' revenue was ₹2.2 Cr (+469.5% year on year, +553.2% on the previous quarter), and net profit ₹23.4 Cr (-29.7% year on year); the operating margin was 84.2%.
| Q1 FY27 (₹ Cr) | Value | YoY vs Q1 FY26 | QoQ |
|---|---|---|---|
| Revenue | ₹2.2 | +469.5% | +553.2% |
| Operating profit | ₹1.9 | from loss | from loss |
| Net profit | ₹23.4 | -29.7% | from loss |
| EPS (₹) | 27.04 | -29.7% | from loss |
| Operating margin | 84.2% | — | — |
📢 Recent Corporate Announcements
Steel Strips Infrastructures Ltd announced that shareholders approved key leadership reappointments at its 53rd AGM on September 30, 2026. Shri Sanjay Garg was reappointed as Managing Director for a 5-year tenure effective February 14, 2027, without remuneration. Additionally, Shri Humesh Kumar Singhal was reappointed as Non-Executive Independent Director for a second 5-year term from October 1, 2026, to September 30, 2031. Both appointees have been associated with the company for over two decades, ensuring continuity of management.
- Shareholder approval granted at the 53rd AGM held on September 30, 2026
- Reappointment of MD Sanjay Garg for 5 years starting February 14, 2027, without remuneration
- Reappointment of Non-Executive Independent Director Humesh Kumar Singhal for 5 years from October 1, 2026, to September 30, 2031
- Shri Humesh Kumar Singhal brings over 47 years of experience in Management and Corporate Finance
Steel Strips Infrastructures Limited has scheduled its Annual General Meeting (AGM) for Wednesday, September 30, 2026, to adopt annual accounts. The Register of Members and Share Transfer Books will be closed from September 24, 2026, to September 30, 2026 (both days inclusive). The company has fixed September 23, 2026, as the cut-off date to determine shareholder voting eligibility. Remote e-voting via CDSL will run from September 27, 2026 (9:00 AM) to September 29, 2026 (5:00 PM).
- Annual General Meeting scheduled for September 30, 2026
- Share transfer books closed from September 24, 2026, to September 30, 2026
- Cut-off date for voting eligibility set as September 23, 2026
- Remote e-voting window opens September 27, 2026 (9:00 AM) and closes September 29, 2026 (5:00 PM)
Steel Strips Infrastructures reported a sharp turnaround in standalone operations for Q1 FY27, with revenue reaching ₹2.22 Cr compared to just ₹0.39 Cr in the year-ago period. The consolidated net profit stood at ₹23.37 Cr, largely driven by a ₹21.51 Cr share of profit from associates. Notably, the quarterly consolidated profit exceeds the company's current market capitalization of ₹16 Cr. The board also re-appointed the Managing Director for a five-year term without any remuneration.
- Standalone revenue grew to ₹2.22 Cr in Q1 FY27 from ₹0.39 Cr in Q1 FY26.
- Consolidated Net Profit reached ₹23.37 Cr, a significant figure against a ₹16 Cr market cap.
- Share of profit from associates contributed ₹21.51 Cr to the consolidated bottom line.
- Managing Director Sanjay Garg re-appointed for 5 years w.e.f. Feb 2027 with zero remuneration.
- Standalone total expenses were contained at ₹0.35 Cr, resulting in a standalone PAT of ₹1.87 Cr.
Steel Strips Infrastructures reported a significant turnaround in Q1 FY27, with standalone revenue jumping to Rs 2.22 Cr from Rs 0.39 Cr in the year-ago period. The company posted a standalone net profit of Rs 1.87 Cr, reversing a loss of Rs 0.23 Cr YoY. A major highlight is the consolidated share of profit from its associate, Malwa Chemtex Udyog Limited, which contributed Rs 21.5 Cr. Additionally, the Managing Director was re-appointed for a 5-year term starting February 2027 with zero remuneration.
- Standalone revenue grew 467% YoY to Rs 2.22 Cr in Q1 FY27
- Standalone net profit reached Rs 1.87 Cr compared to a loss of Rs 0.23 Cr in Q1 FY26
- Associate company Malwa Chemtex Udyog Ltd contributed Rs 21.5 Cr to consolidated profit
- Managing Director Sanjay Garg re-appointed for 5 years without remuneration
- Total comprehensive income for the quarter stood at Rs 2.50 Cr (Standalone)
Steel Strips Infrastructures Ltd has scheduled a board meeting for August 13, 2026, to approve unaudited financial results for the quarter ended June 30, 2026. The company is currently in a weak financial position with a TTM revenue of just ₹1 Cr and a TTM net loss of ₹3 Cr. With a market capitalization of only ₹16 Cr and extremely negative operating margins (-2719.9%), the upcoming results are critical for assessing operational viability. The trading window for insiders has been closed since July 1, 2026.
- Board meeting scheduled for August 13, 2026, to approve Q1 FY27 results.
- Trading window for designated persons closed from July 1, 2026, until 48 hours post-results.
- Company reported a significant net loss of ₹8.76 Cr in the preceding quarter (March 2026).
- TTM revenue stands at a minimal ₹1 Cr against a market cap of ₹16 Cr.
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