Sreechem Resins Ltd (514248)
Latest quarterly results (Q1 FY27)
In its latest reported quarter, Q1 FY27, Sreechem Resins' revenue was ₹8.9 Cr (+2.9% year on year, +13.2% on the previous quarter), and net profit ₹0.1 Cr (against a loss a year earlier); the operating margin was 2.6%.
| Q1 FY27 (₹ Cr) | Value | YoY vs Q1 FY26 | QoQ |
|---|---|---|---|
| Revenue | ₹8.9 | +2.9% | +13.2% |
| Operating profit | ₹0.2 | +483.8% | -74.9% |
| Net profit | ₹0.1 | from loss | -89.3% |
| EPS (₹) | 0.27 | from loss | -89.2% |
| Operating margin | 2.6% | — | — |
📢 Recent Corporate Announcements
Sreechem Resins Limited has issued the notice for its 38th Annual General Meeting (AGM) scheduled for September 25, 2026. The Register of Members and Share Transfer Books will be closed from September 19, 2026, to September 25, 2026. Along with standard AGM business and director re-appointment, the company is seeking shareholder approval for substantial related-party transactions (RPTs) for FY 2027-28, including up to ₹35 Cr with Steel Aids Pvt Ltd and ₹25 Cr with Sai Ram Steels Pvt Ltd against a TTM revenue base of ₹30 Cr.
- 38th Annual General Meeting scheduled for Friday, September 25, 2026, at 10:00 AM in Rajgangpur, Odisha
- Share transfer books and register of members closed from September 19, 2026, to September 25, 2026
- Proposed related party transaction with Steel Aids Pvt Ltd for purchases up to ₹30 Cr and sales up to ₹5 Cr in FY28
- Proposed related party transaction with Sai Ram Steels Pvt Ltd for sales up to ₹20 Cr and purchases up to ₹5 Cr in FY28
- Proposed related party transaction with Iqsolv Innovate Pvt Ltd for sales up to ₹15 Cr in FY28
Sreechem Resins Limited has published its Annual Report for FY 2025-26 under Regulation 34 and scheduled its 38th Annual General Meeting (AGM) for September 25, 2026. For FY26, revenue from operations dropped to Rs 29.75 crore compared to Rs 35.50 crore in FY25. The company reported a net loss of Rs 22.92 lacs in FY26, narrowing from a net loss of Rs 36.90 lacs in FY25. AGM special business includes shareholder approvals for related party transactions across multiple entities.
- 38th Annual General Meeting to be held on Friday, September 25, 2026 at 10:00 AM
- Revenue from operations (Net) stood at Rs 29.75 crore in FY26 compared to Rs 35.50 crore in FY25
- Net loss for FY26 narrowed to Rs 22.92 lacs from a net loss of Rs 36.90 lacs in FY25
- Total expenses decreased to Rs 30.34 crore in FY26 from Rs 36.19 crore in FY25
- Special business items for AGM include approval of related party transactions with 5 entities including Josh Commercial and Steel Aids
Sreechem Resins Limited has scheduled its 38th Annual General Meeting (AGM) for Friday, September 25, 2026. The company is seeking shareholder approval for routine matters including the adoption of FY26 financials and the reappointment of director Mr. Vibhor Sharma. Additionally, special resolutions are proposed to approve related-party transactions for FY2027-28 across multiple entities, including Sai Ram Steels (up to ₹20 cr sales, ₹5 cr purchase) and Steel Aids (up to ₹30 cr purchase, ₹5 cr sales).
- 38th Annual General Meeting scheduled for September 25, 2026, at 10:00 AM in Rajgangpur, Odisha
- Share transfer books and register of members closed from September 19, 2026, to September 25, 2026
- Seeking approval for FY28 related party transactions with Sai Ram Steels up to ₹20 crore (sales) and ₹5 crore (purchases)
- Seeking approval for FY28 related party transactions with Steel Aids up to ₹30 crore (purchases) and ₹5 crore (sales)
- Seeking approval for FY28 related party sales to Iqsolv Innovate up to ₹15 crore
Sreechem Resins Limited has issued the notice for its 38th Annual General Meeting (AGM) scheduled for Friday, September 25, 2026. Key special business items include shareholder approval for sizeable related-party transactions (RPTs) for FY 2027-28 with entities like Steel Aids Pvt Ltd (up to ₹30 Cr purchase limit), Sai Ram Steels Pvt Ltd (up to ₹20 Cr sale limit), and Josh Commercial Pvt Ltd (up to ₹15 Cr). The company reported FY26 annual revenue of ₹29.75 Cr, making these RPT limits substantial compared to its current operating scale. The register of members and share transfer books will remain closed from September 19, 2026 to September 25, 2026.
- 38th Annual General Meeting scheduled to be held on Friday, September 25, 2026 at Rajgangpur, Odisha.
- Shareholder approval sought for RPT purchases of up to ₹30 Crores from Steel Aids Private Limited for FY28.
- Approval sought for RPT sales of up to ₹20 Crores to Sai Ram Steels Private Limited for FY28.
- Book closure fixed from Saturday, September 19, 2026 to Friday, September 25, 2026 (both days inclusive).
Sreechem Resins Limited has resubmitted its Standalone Unaudited Financial Results for the quarter ended June 30, 2026. The resubmission was necessitated purely to fix a typographical error in the statutory auditor's Limited Review Report, changing the auditor designation from 'Proprietor' to 'Partner'. The company confirmed that there are no modifications to the financial figures. For Q1, standalone revenue stood at ₹8.87 crore with a net profit of ₹0.11 crore.
- Resubmission filed to rectify auditor designation from 'Proprietor' to 'Partner' in the Limited Review Report
- Company confirms zero changes to the underlying financial results for the quarter ended June 30, 2026
- Reported Q1 revenue was ₹8.87 crore with a net profit of ₹0.11 crore (EPS ₹0.27)
- Board meeting approving results was held on August 14, 2026 (16:00 to 16:25 hrs)
Sreechem Resins Ltd announced its standalone unaudited financial results for the quarter ended June 30, 2026, approved at its board meeting on August 14, 2026. Statutory auditor R. C. Jhawer & Co. submitted an unmodified limited review report with no qualifications or material misstatements noted. The filing included requisite statements confirming nil deviations in proceeds of issues. Complete detailed P&L table figures were truncated in the provided filing text.
- Board approved unaudited standalone results for the quarter ended June 30, 2026, on August 14, 2026.
- Statutory auditor R. C. Jhawer & Co. issued an unmodified Limited Review Report.
- Board meeting concluded within 25 minutes (16:00 hrs to 16:25 hrs).
- Statement of deviation/variation in proceeds confirmed as not applicable.
Sreechem Resins has scheduled a board meeting for August 14, 2026, to approve its unaudited financial results for the quarter ended June 30, 2026. The company is coming off a volatile FY26 where it reported a net loss of ₹0.23 Cr despite a strong final quarter (Mar 2026 PAT of ₹1.05 Cr). With a micro-cap valuation of ₹11 Cr and thin operating margins of 0.5%, these results are critical to determine if the recent return to profitability is sustainable. The trading window for insiders remains closed until 48 hours post-announcement.
- Board meeting scheduled for August 14, 2026, at 04:00 PM to approve Q1 results.
- Financials to cover the three-month period ended June 30, 2026.
- Trading window closure, which began on June 24, 2026, will continue until 48 hours after the results declaration.
- Company reported TTM revenue of ₹30 Cr against a market capitalization of only ₹11 Cr.
- Promoter holding remains stable but relatively low at 24.8% as of June 2026.
Sreechem Resins has re-appointed Mr. Navin Kothari of M/s. N K & Associates as the Secretarial Auditor for the financial year 2026-27. While the Board of Directors approved this appointment in a meeting held on May 29, 2026, the company failed to notify the exchange until July 24, 2026. The company has attributed this 56-day delay to an unintentional administrative oversight. For a micro-cap company with a market capitalization of just Rs 12 Cr and thin operating margins of 0.5%, such compliance lapses highlight potential weaknesses in internal administrative controls.
- Re-appointment of Mr. Navin Kothari as Secretarial Auditor for FY 2026-27.
- Board approval was granted on May 29, 2026, during a 45-minute meeting (04:00 PM to 04:45 PM).
- Disclosure to the exchange was delayed by approximately 56 days beyond the 24-hour regulatory window.
- Company maintains a small market cap of Rs 12 Cr with a TTM revenue of Rs 30 Cr.
- Promoter holding remains stable at 24.8% as of June 2026.
Sreechem Resins Ltd has re-appointed Mr. Bimal Kumar Choraria, a Chartered Accountant, as the Internal Auditor for the financial year 2026-2027. The board approved this decision in a meeting held on May 29, 2026, but failed to disclose it to the exchange until July 24, 2026. This represents a significant delay of approximately 56 days beyond the mandatory 24-hour reporting window prescribed by SEBI. The company has attributed this lapse to an administrative oversight and maintains it was unintentional.
- Re-appointment of Mr. Bimal Kumar Choraria as Internal Auditor for the 2026-2027 financial year.
- Board meeting approving the appointment was held on May 29, 2026, lasting 45 minutes (04:00 PM to 04:45 PM).
- Disclosure to BSE was delayed by approximately 56 days from the date of the board meeting.
- Company market capitalization remains micro-cap at Rs 12 Cr with TTM revenue of Rs 30 Cr.
- Management cited 'administrative oversight' as the reason for the regulatory filing delay.
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