Chennai Ferrous Industries Ltd (539011)
Latest quarterly results (Q4 FY26)
In its latest reported quarter, Q4 FY26, Chennai Ferrous' revenue was ₹5.8 Cr (-89.8% year on year, +680.0% on the previous quarter), and net profit ₹2.0 Cr (+942.1% year on year); the operating margin was -13.8%.
| Q4 FY26 (₹ Cr) | Value | YoY vs Q4 FY25 | QoQ |
|---|---|---|---|
| Revenue | ₹5.8 | -89.8% | +680.0% |
| Operating profit | ₹-0.8 | to loss | loss narrowed |
| Net profit | ₹2.0 | +942.1% | from loss |
| EPS (₹) | 5.49 | +935.8% | from loss |
| Operating margin | -13.8% | — | — |
📢 Recent Corporate Announcements
Chennai Ferrous Industries reported a severe operational contraction in Q1 FY27, with revenue plummeting to 0.94 Cr from 69.21 Cr in the same quarter last year. The company swung to a net loss of 0.50 Cr, compared to a profit of 2.33 Cr YoY. A significant development is the Board's proposal to enhance borrowing limits to 200 Cr, which is approximately 7.14x the company's current market capitalization of 28 Cr. This suggests a potential large-scale capital infusion or business pivot, pending shareholder approval at the upcoming AGM.
- Revenue from operations fell 98.6% YoY to 94.17 Lakhs from 6,920.90 Lakhs.
- Net loss for the quarter stood at 49.96 Lakhs against a profit of 232.76 Lakhs in Q1 FY26.
- Board approved enhancing borrowing limits under Section 180(1)(c) up to 200 Crore.
- Total expenses of 1.68 Cr exceeded total income of 1.18 Cr for the quarter.
- Earnings Per Share (EPS) turned negative at -1.39 compared to 6.46 in the year-ago period.
Chennai Ferrous Industries reported a severe 98.6% YoY revenue collapse in Q1 FY27, with sales falling to ₹0.94 Cr from ₹69.21 Cr. The company posted a net loss of ₹0.50 Cr, a sharp reversal from the ₹2.33 Cr profit in the year-ago period. A major development is the board's proposal to hike borrowing limits to ₹200 Cr, which is approximately 7.1x its current market capitalization of ₹28 Cr. This massive proposed leverage relative to its current scale and shrinking revenue warrants close scrutiny by shareholders at the upcoming AGM.
- Revenue from operations fell 98.6% YoY to ₹94.17 Lakhs from ₹6,920.90 Lakhs
- Net loss of ₹49.96 Lakhs recorded for Q1 FY27 against a profit of ₹232.76 Lakhs in Q1 FY26
- Proposed borrowing limit enhancement to ₹200 Crore, subject to shareholder approval at the 16th AGM
- Total expenses of ₹168.44 Lakhs exceeded total income of ₹118.47 Lakhs for the quarter
- Earnings Per Share (EPS) turned negative at -₹1.39 compared to ₹6.46 in the previous year's quarter
Chennai Ferrous Industries Ltd has scheduled a board meeting for August 12, 2026, to approve standalone unaudited financial results for the quarter ended June 30, 2026. The company is a micro-cap with a market capitalization of Rs 27 Cr and operates in the metal trading industry. Investors will be closely monitoring these results following a volatile FY26, where quarterly revenue fluctuated between Rs 69.21 Cr and Rs 0.75 Cr. The stock has faced significant pressure, declining 36.5% over the past 12 months.
- Board meeting scheduled for August 12, 2026, to approve Q1 FY27 results
- Financial results pertain to the quarter ended June 30, 2026
- Trading window for company securities to open 48 hours after the meeting conclusion
- Company maintains a debt-free status with a debt-to-equity ratio of 0.00
- TTM revenue of Rs 132 Cr is significantly higher than the current market cap of Rs 27 Cr
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