Sri Chakra Cement Ltd (518053)
Latest quarterly results (Q1 FY27)
In its latest reported quarter, Q1 FY27, Sri Chakra's revenue was ₹26.3 Cr, and net profit ₹0.3 Cr; the operating margin was -25.3%.
| Q1 FY27 (₹ Cr) | Value | YoY | QoQ |
|---|---|---|---|
| Revenue | ₹26.3 | — | — |
| Operating profit | ₹-6.7 | — | — |
| Net profit | ₹0.3 | — | — |
| EPS (₹) | 0.31 | — | — |
| Operating margin | -25.3% | — | — |
📢 Recent Corporate Announcements
Sri Chakra Cement Ltd has announced the resignation of Mr. Sriram Kapilavai (DIN: 05103429) from the position of Director (Whole-time Director) with immediate effect from August 25, 2026. The director cited personal reasons for the departure and confirmed there are no other material reasons. The resignation will be placed before the Board of Directors at the ensuing board meeting for formal recording. This comes as the company navigates a stressed financial position with negative net worth of ₹-34 crore and debt of ₹57 crore.
- Resignation of Whole-time Director Sriram Kapilavai effective August 25, 2026
- Reason cited for cessation is personal reasons with no other material reasons reported
- Director holds directorships including Joint Managing Director in Aditya Spinners Limited
- The board will take the resignation on record at the upcoming Board Meeting
Sri Chakra Cement Limited has approved the re-appointment of Sri K Vijayulu Reddy Kaliki as an Independent Director for a second tenure of five years, effective from November 9, 2026. He is a qualified Chartered Accountant with over 40 years of experience and serves as an Independent Director in Aditya Spinners Limited. The move represents routine board governance continuity and entails no operational or financial restructuring.
- Re-appointment approved for a second tenure of 5 years starting from November 9, 2026
- Appointee brings 40 years of experience as a qualified Chartered Accountant
- Holds no direct shareholding relationships with existing directors (Nil disclosure)
- Currently serves as Chairman of Audit, NRC, and Stakeholder Relationship Committees at Aditya Spinners Limited
Sri Chakra Cement has appointed Sri Vijay Kumar Kapilavai as Chief Financial Officer (KMP/SMP) effective August 14, 2026. This fills the vacancy created by former CFO Mr. Srirama Vara Prasad Nendraganti, who resigned on May 30, 2026. The new CFO possesses over 30 years of experience across finance, production, and management and is related to directors Sri K Sriram and Smt K V Naga Lalitha. The leadership addition comes as the company manages significant financial stress, marked by FY26 net losses of Rs 23 Cr and a negative net worth of Rs -34 Cr.
- Sri Vijay Kumar Kapilavai appointed as Chief Financial Officer effective August 14, 2026
- Fills vacancy following resignation of previous CFO on May 30, 2026
- Appointee has over 3 decades of experience in finance, production, and operations
- Disclosure notes appointee is related to directors Sri K Sriram and Smt K V Naga Lalitha
Sri Chakra Cement reported a 29.6% YoY drop in revenue from operations to Rs 26.26 Cr for the quarter ended June 30, 2026, compared to Rs 37.32 Cr in the year-ago period. Loss before tax was Rs 1.65 Cr against a loss of Rs 7.03 Cr in Q1 FY26, aided by other income of Rs 8.50 Cr. Critically, the company temporarily suspended manufacturing operations at its Karampudi unit from June 27, 2026, due to severe working capital constraints and negative net worth. Furthermore, it received an IBC Form 4 demand notice for Rs 2.91 Cr from Ushodaya Enterprises, and CFO Srirama Vara Prasad Nendraganti resigned.
- Revenue from operations fell 29.6% YoY to Rs 26.26 Cr in Q1 (ended June 30, 2026)
- Loss before tax stood at Rs 1.65 Cr compared to Rs 7.03 Cr loss in Q1 FY26
- Manufacturing operations at Karampudi Unit temporarily suspended since June 27, 2026 due to liquidity crisis
- Received an IBC Form 4 demand notice of Rs 2.91 Cr over coal supply dues from Ushodaya Enterprises
- CFO resigned effective May 30, 2026; MD K Vijay Kumar appointed as interim CFO
Sri Chakra Cement held its Board meeting on August 14, 2026, approving the unaudited financial results for the first quarter ended June 30, 2026. The Board also approved the appointment of Sri Vijay Kumar Kapilavai as Chief Financial Officer (CFO) with immediate effect. The micro-cap cement player continues to face balance sheet stress with negative net worth (-₹34 Cr) and TTM net losses of ₹23 Cr on ₹129 Cr revenue.
- Approved and recorded Unaudited Financial Results for Q1 ended June 30, 2026
- Appointed Sri Vijay Kumar Kapilavai as CFO with immediate effect from August 14, 2026
- Board meeting conducted on August 14, 2026
Sri Chakra Cement Ltd has scheduled a board meeting on August 14, 2026, to approve unaudited financial results for the quarter ended June 30, 2026. The company is currently in a precarious financial position with a negative net worth of ‡34 Cr and a TTM net loss of ‡23 Cr. Revenue for the most recent quarter (March 2026) was ‡30.17 Cr, but the company continues to struggle with negative operating margins (-19.9% TTM). Investors will be looking for any signs of narrowing losses or operational stabilization in the upcoming results.
- Board meeting scheduled for August 14, 2026, to review Q1 FY27 performance.
- Trading window for insiders has been closed since July 1, 2026.
- Company reported a TTM revenue of ‡129 Cr against a market cap of only ‡32 Cr.
- Financial context shows a negative net worth of ‡34 Cr and debt of ‡57 Cr.
- Operating profit margin remains deeply negative at -19.9% for the TTM period.
Sri Chakra Cement has received a Demand Notice (Form 4) under the Insolvency and Bankruptcy Code (IBC) for an unpaid operational debt of Rs 2.91 crore plus interest. The notice was issued by Ushodaya Enterprises, a coal supplier, on August 1, 2026. This claim is significant given the company's distressed financial state, including a negative net worth of Rs -34 crore and a TTM net loss of Rs -23 crore. While management intends to settle the matter amicably, the company's current liquidity position remains a major concern for stakeholders.
- Demand notice for Rs 2,90,69,041 (Rs 2.91 Cr) received under Form 4 of the Insolvency and Bankruptcy Code, 2016.
- The claim amount represents approximately 9.4% of the company's total market capitalization of Rs 31 Cr.
- The creditor, Ushodaya Enterprises, is a coal supplier demanding payment for unpaid operational debt plus MSME-applicable interest.
- Company reported a negative net worth of Rs -34 Cr and a debt of Rs 57 Cr as per the latest financial context.
- Sri Chakra Cement is currently loss-making with a TTM PAT of Rs -23 Cr and an operating profit margin of -19.9%.
Sri Chakra Cemen t has intimated a lay of f of workmen at its Sri Narasimhapuri, Karampudi unit in Andhra Pradesh, effective Aug ust 1, 2026. The decision follows a managemen t review of business operations and will remain in effect until further notice. This operational halt comes at a time when the company is financially distressed, reporting a TTM net loss of Rs 23 Cr and a negative net worth of Rs -34 Cr. Eligible workmen will be paid lay of f compensation as per legal provisions, which may further strain cash flows.
- Lay of f effective from Aug ust 1, 2026, until further notice.
- Unit located at Sri Narasimhapuri, Karampudi, Andhra Pradesh.
- Company reported a TTM net loss of Rs 23 Cr for FY26.
- Net worth stands at Rs -34 Cr with a debt of Rs 57 Cr.
- Price return has declined by 45.7% over the last 3 months.
Sri Chakra Cement Ltd has issued a corrigendum to its 44th Annual Report for FY 2025-26 to rectify clerical errors in the Share Capital Schedule on pages 62 and 99. The correction provides detailed disclosures of shareholders holding more than 5% and promoter holdings, which were inadvertently omitted in the initial electronic distribution. The company confirmed that these typographical errors have no impact on the audited financial statements for the year ended March 31, 2026. The 44th Annual General Meeting (AGM) is scheduled to be held on August 19, 2026.
- Corrects clerical errors in the Share Capital Schedule on pages 62 and 99 of the FY26 Annual Report
- Discloses Smt K V Nagalalitha as the largest shareholder with 2,534,100 shares (28.16%)
- Confirms Sri K Vijay Kumar (Managing Director) holds 2,068,244 shares (22.98%)
- The 44th Annual General Meeting is scheduled for August 19, 2026, at 12:00 NOON
- Proposed remuneration for Cost Auditors for FY 2026-27 is set at Rs 75,000
Sri Chakra Cement Ltd has announced the schedule for its 44th Annual General Meeting (AGM) to be held on August 19, 2026. The company has fixed August 12, 2026, as the record date to determine shareholder eligibility for voting and participation. The register of members will remain closed from August 13 to August 19, 2026. This is a standard administrative filing and does not impact the company's financial position.
- 44th Annual General Meeting scheduled for August 19, 2026, at 12:00 Noon
- Record date for voting eligibility fixed as August 12, 2026
- Book closure period set from August 13, 2026, to August 19, 2026
- Company reported a TTM loss of Rs 23 Cr against a market cap of Rs 28 Cr
Sri Chakra Cement has scheduled its 44th Annual General Meeting (AGM) for August 19, 2026, to be conducted virtually. The agenda includes the adoption of FY26 audited financial statements and the re-appointment of Sri Vijayulu Reddy Kaliki as an Independent Director for a five-year term. Shareholders will also vote on ratifying a Rs 75,000 remuneration for cost auditors for FY27. This meeting occurs against a backdrop of severe financial distress, with the company reporting a negative net worth of Rs -34 Cr and TTM losses of Rs -23 Cr.
- 44th Annual General Meeting scheduled for August 19, 2026, at 12:00 Noon via video conferencing.
- Proposed re-appointment of Sri Vijayulu Reddy Kaliki as Independent Director for a 5-year term effective November 9, 2026.
- Ratification of Rs 75,000 plus taxes as remuneration for Cost Auditors (M/s Naval & Associates) for FY 2026-27.
- Company faces significant financial headwinds with a TTM PAT of Rs -23 Cr and a debt of Rs 57 Cr against a market cap of Rs 28 Cr.
Sri Chakra Cement has released its 44th Annual Report for FY 2025-26, with the Annual General Meeting (AGM) scheduled for August 19, 2026. The company remains in a precarious financial position with a negative net worth of Rs -34 Cr and TTM losses of Rs -23 Cr. Key agenda items for the AGM include the re-appointment of an Independent Director for a five-year term and the ratification of cost auditor fees. Despite a TTM revenue of Rs 129 Cr, the company's debt stands at Rs 57 Cr, significantly exceeding its market capitalization of Rs 28 Cr.
- 44th Annual General Meeting to be held on August 19, 2026, via video conferencing.
- Proposed re-appointment of Sri Vijayulu Reddy Kaliki as Independent Director for a 5-year term effective November 9, 2026.
- Ratification of remuneration for Cost Auditors (M/s Naval & Associates) set at Rs 75,000 for FY 2026-27.
- Company reports a negative net worth of Rs -34 Cr against a debt of Rs 57 Cr.
- TTM revenue stands at Rs 129 Cr with an operating profit margin of -19.9%.
Sri Chakra Cement Ltd has announced its 44th Annual General Meeting (AGM) will be held on August 19, 2026. To determine shareholder eligibility for voting, the company has set August 12, 2026, as the record date. The register of members and share transfer books will remain closed from August 13 to August 19, 2026. This is a standard procedural filing, though it comes at a time when the company is under severe financial stress with a negative net worth of Rs 34 Cr and a TTM loss of Rs 23 Cr.
- 44th Annual General Meeting scheduled for August 19, 2026
- Record date for voting eligibility fixed as August 12, 2026
- Book closure period set from August 13, 2026, to August 19, 2026
- Company currently operates with a negative net worth of Rs 34 Cr
- TTM revenue stands at Rs 129 Cr against a debt of Rs 57 Cr
Sri Chakra Cement has scheduled its 44th Annual General Meeting (AGM) for August 19, 2026, to be conducted via video conferencing. The agenda includes the adoption of FY26 audited financial statements, a period where the company faced significant financial stress with a TTM loss of ₹23 Cr and a negative net worth of ₹34 Cr. Shareholders will also vote on the re-appointment of Sri Vijayulu Reddy Kaliki as an Independent Director for a five-year term and ratify a ₹75,000 fee for cost auditors. Given the company's negative ROCE of -86% and high debt of ₹57 Cr, the meeting provides a platform for management to address the ongoing capital erosion.
- 44th Annual General Meeting scheduled for August 19, 2026, at 12:00 Noon.
- Proposed re-appointment of Sri Vijayulu Reddy Kaliki as Independent Director for a 5-year term effective November 9, 2026.
- Ratification of ₹75,000 plus taxes as remuneration for Cost Auditors M/s Naval & Associates for FY 2026-27.
- Company reported a TTM revenue of ₹129 Cr against a net loss of ₹23 Cr.
- Financial context shows a negative net worth of ₹34 Cr and debt of ₹57 Cr as of the latest reporting.
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