Earthstahl & Alloys Ltd (543765)
Latest quarterly results (H2 FY26)
In its latest reported quarter, H2 FY26, Earthstahl & Alloys' revenue was ₹27.7 Cr (-22.3% year on year, -18.4% on the previous half-year), and net profit ₹-1.7 Cr (a bigger loss than a year earlier); the operating margin was -1.4%.
| H2 FY26 (₹ Cr) | Value | YoY vs H2 FY25 | vs prev. half |
|---|---|---|---|
| Revenue | ₹27.7 | -22.3% | -18.4% |
| Operating profit | ₹-0.4 | to loss | loss narrowed |
| Net profit | ₹-1.7 | loss widened | loss narrowed |
| EPS (₹) | -1.40 | loss widened | loss narrowed |
| Operating margin | -1.4% | — | — |
📢 Recent Corporate Announcements
BSE Limited has levied a nominal fine of Rs 1,000 plus GST on Earthstahl & Alloys Ltd on August 20, 2026. The fine was imposed for delayed compliance with Regulation 6(1) of SEBI (LODR) Regulations, 2015, relating to the appointment of a qualified Company Secretary as Compliance Officer. The company has made a representation to the exchange requesting a waiver, with the due date for payment set as September 5, 2026. The financial impact is negligible relative to the company's financial base.
- BSE imposed a penalty of Rs. 1,000/- plus GST via email dated August 20, 2026.
- Non-compliance relates to delayed appointment of a qualified Company Secretary as Compliance Officer under Regulation 6(1).
- Due date of payment specified by the exchange is 05.09.2026.
- Company has submitted a representation to BSE seeking a full waiver of the fine.
Earthstahl & Alloys Limited has approved the reappointment of Mr. Prawin Somani and Mr. Rajesh Somani as Whole-Time Directors for 5-year terms. The terms take effect from April 1, 2027, and September 1, 2027, respectively, subject to shareholder approval at the ensuing 17th Annual General Meeting. Mr. Prawin Somani has 22 years of experience managing production and procurement, while Mr. Rajesh Somani brings 30 years of experience managing general business, marketing, and finance. Both directors are liable to retire by rotation.
- Reappointment of Mr. Prawin Somani as Whole-Time Director for 5 years effective April 1, 2027
- Reappointment of Mr. Rajesh Somani as Whole-Time Director for 5 years effective September 1, 2027
- Both reappointments are subject to shareholder approval at the upcoming 17th AGM
- Directors bring 22 and 30 years of industry experience across procurement, production, and marketing
Earthstahl & Alloys Limited's Board of Directors has approved the reappointment of Mr. Prawin Somani as Whole Time Director for a period of 5 years starting 1st April, 2027. The Board also approved the reappointment of Mr. Rajesh Somani as Whole Time Director for a 5-year term starting 1st September, 2027. Both reappointments are subject to approval by shareholders at the ensuing 17th Annual General Meeting.
- Reappointment of Mr. Prawin Somani as Whole Time Director for 5 years effective 1st April, 2027
- Reappointment of Mr. Rajesh Somani as Whole Time Director for 5 years effective 1st September, 2027
- Both proposals are subject to shareholder approval at the upcoming 17th Annual General Meeting
- Prawin Somani brings 22 years of experience, while Rajesh Somani brings 30 years of industry experience
Financial Performance
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Strategic Growth
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Regulatory & Governance
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