Subhash Silk Mills Ltd (530231)
Latest quarterly results (Q1 FY27)
In its latest reported quarter, Q1 FY27, Subhash Silk's revenue was ₹0.0 Cr (-12.0% year on year, -12.0% on the previous quarter), and net profit ₹0.1 Cr (against a loss a year earlier); the operating margin was -5298.9%.
| Q1 FY27 (₹ Cr) | Value | YoY vs Q1 FY26 | QoQ |
|---|---|---|---|
| Revenue | ₹0.0 | -12.0% | -12.0% |
| Operating profit | ₹-0.5 | loss widened | loss widened |
| Net profit | ₹0.1 | from loss | — |
| EPS (₹) | 0.20 | from loss | — |
| Operating margin | -5298.9% | — | — |
📢 Recent Corporate Announcements
Subhash Silk Mills Ltd has issued notice for its 56th Annual General Meeting scheduled for September 24, 2026, at 10:00 AM IST via video conferencing. The register of members and share transfer books will remain closed from September 18, 2026, to September 24, 2026. Agenda items include adoption of audited financial statements for FY2025-26 and the re-appointment of Director Mrs. Nameeta S. Mehra, who holds 4,77,000 shares and is retiring by rotation.
- 56th Annual General Meeting scheduled for September 24, 2026, at 10:00 AM IST via VC/OAVM
- Book closure period fixed from September 18, 2026, to September 24, 2026 (both days inclusive)
- Ordinary business includes adoption of FY2025-26 audited accounts and re-appointment of retiring director Mrs. Nameeta S. Mehra
- Director Mrs. Nameeta S. Mehra holds 4,77,000 shares in the company
Subhash Silk Mills has submitted its 56th Integrated Annual Report for FY 2025-26 pursuant to Regulation 34(1) of SEBI LODR Regulations. The 56th Annual General Meeting is scheduled to be held virtually on September 24, 2026, at 10:00 AM IST. The Register of Members and Share Transfer Books will remain closed from September 18, 2026, to September 24, 2026. The cut-off date for electronic communications and voting eligibility is September 17, 2026.
- 56th Annual General Meeting scheduled for Thursday, September 24, 2026, at 10:00 AM IST via Video Conferencing.
- Book closure set from September 18, 2026, to September 24, 2026 (both days inclusive).
- Cut-off date for member communications and e-voting is Thursday, September 17, 2026.
- Integrated Annual Report for FY 2025-26 dispatched electronically to registered shareholders.
Subhash Silk Mills has announced the closure of its Register of Members and Share Transfer Books from Friday, September 18, 2026, to Thursday, September 24, 2026 (both days inclusive). The book closure is scheduled for conducting the company's 56th Annual General Meeting (AGM) on September 24, 2026, at 10:00 AM IST. The company operates at a micro-cap size with a market cap of approximately ₹30 crore and negligible annual revenues (₹0.03 crore in FY26).
- Book closure scheduled from Friday, September 18, 2026, to Thursday, September 24, 2026
- 56th Annual General Meeting (AGM) to be held on Thursday, September 24, 2026, at 10:00 AM IST
- Filing submitted under Regulation 42 of SEBI (LODR) Regulations, 2015
Subhash Silk Mills reported a net profit of ₹8.40 lakhs for Q1 FY27, a turnaround from a loss of ₹30.13 lakhs in the same quarter last year. However, the company's core operations remain extremely weak, with revenue from operations at just ₹0.88 lakhs, representing only 1.4% of total revenue. The bottom line was primarily supported by 'Other Income' of ₹63.35 lakhs, which grew 205% year-on-year. Despite the net profit, the company recorded a marginal pre-tax loss of ₹0.44 lakhs as total expenses of ₹64.67 lakhs exceeded total revenue.
- Net Profit turned positive at ₹8.40 lakhs compared to a loss of ₹30.13 lakhs in Q1 FY26.
- Other Income surged 205% YoY to ₹63.35 lakhs, accounting for 98.6% of total revenue.
- Revenue from operations remains negligible at ₹0.88 lakhs, though up 20.5% from ₹0.73 lakhs YoY.
- Administrative and other expenses rose 31% YoY to ₹37.80 lakhs from ₹28.85 lakhs.
- Earnings Per Share (EPS) improved to ₹0.20 from a negative ₹0.71 in the year-ago period.
Subhash Silk Mills held a board meeting on August 14, 2026, to approve the unaudited financial results for the quarter ended June 30, 2026. The board decided not to recommend a dividend for FY26 to conserve funds for operational activities, which is consistent with its current financial state of negligible revenue (Rs 0.03 Cr in FY26). The 56th Annual General Meeting (AGM) has been scheduled for September 24, 2026. Additionally, the board proposed the re-appointment of Mrs. Nameeta S. Mehra as a director.
- Board approved unaudited financial results for the quarter ended June 30, 2026
- Zero dividend recommended for the financial year ended March 31, 2026, to reserve operational funds
- 56th Annual General Meeting scheduled for September 24, 2026, at 10:00 AM via VC/OAVM
- Re-appointment of Mrs. Nameeta S. Mehra (DIN 01874270) as Director proposed
- Board meeting concluded within 40 minutes, starting at 2:05 PM and ending at 2:45 PM
Subhash Silk Mills has scheduled a board meeting for August 14, 2026, to consider and approve the unaudited financial results for the quarter ended June 30, 2026. The company is currently a micro-cap with a market capitalization of Rs 35 Cr and has been struggling with near-zero revenue, reporting only Rs 0.03 Cr for the full year FY26. The trading window for designated persons remains closed until August 17, 2026. Given the TTM net loss of Rs 1 Cr and extremely negative operating margins, the upcoming results are critical to see if there is any operational revival.
- Board meeting scheduled for August 14, 2026, to approve Q1 FY27 results.
- Trading window closure period from July 1, 2026, to August 17, 2026.
- Company reported a minimal annual revenue of Rs 0.03 Cr in FY26.
- Net loss for FY26 stood at Rs 0.77 Cr compared to a loss of Rs 0.22 Cr in FY25.
- Operating profit margin remains highly negative at -4700% for FY26.
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