Revised Standalone Financial Results for the Quarter and Financial Year ended 31 March 2026.
RESULTS
● No Immediate Change
MEDIUM RISK
📅 Filed on BSE: 03 Jun 2026, 07:06 PM IST · BSE ID: 2de867a6-7cc3-4ff3-ad99-d11dfa148a3e
View Original BSE Filing (PDF)
💡
In Simple Terms
The company submitted an updated version of its full-year financial report for 2026, confirming no changes to previous figures.
🤖 AI Summary
- Modern Steels Ltd submitted revised audited standalone financial results for Q4 and FY ended March 31, 2026.
- The Board of Directors approved the financial results in a meeting held on May 22, 2026.
- The revised submission confirmed no changes in figures, financial results, or disclosures from the May 22, 2026 filing.
- Total Income for the financial year ended March 31, 2026, was Rs Lacs 201.
- Net Profit for the financial year ended March 31, 2026, stood at Rs Lacs 106.
🔢 Key Numbers — exact figures from BSE filing, not rounded
Total Income (Year Ended 31.03.2026)
Rs Lacs 201
Total Income (Year Ended 31.03.2025)
Rs Lacs 549
Net Profit/(Loss) for the period (Year Ended 31.03.2026)
Rs Lacs 106
Net Profit/(Loss) for the period (Year Ended 31.03.2025)
Rs Lacs 444
Basic EPS (Year Ended 31.03.2026)
Rs 0.77
Basic EPS (Year Ended 31.03.2025)
Rs 3.23
Paid-up equity share capital (31.03.2026)
Rs Lacs 1,440
🏢 How This Affects the Company
The company does not have manufacturing operations and primarily earns commission income. The filing does not indicate changes to this operational model or future business plans beyond management's intention to start commercial activity.
The filing confirms the audited financial performance for FY26, with a total income of Rs Lacs 201 and net profit of Rs Lacs 106, providing financial clarity for the period.
The company's note states it has no manufacturing operations, having sold assets under slump sale, and intends to start commercial activity. Current operations involve commission income.
The re-submission process, while clarifying no change in figures, adds an administrative layer to the financial reporting. The auditors' unmodified opinion provides assurance on the financial statements.
👥 What This Means For Shareholders
✅
Action Required
No action is required from shareholders based on this re-submission of financial results.
👤
Who Is Affected
All shareholders are affected by the confirmed financial performance, which reflects a net profit of Rs Lacs 106 for the year ended March 31, 2026.
🔍
Management Signal
The re-submission, as advised by BSE, signals management's adherence to regulatory guidelines and commitment to accurate public disclosure.
For information only. Not investment advice. ForgeUp is not SEBI-registered.
👁 Watch List — track these upcoming events
Q1 FY27 financial results — review any changes in revenue streams.
Any announcement regarding new commercial activities or business plans.
Next Board Meeting — agenda items and new strategic decisions.
MEDIUM RISK
Company has no manufacturing operations, relying on commission income, with plans to start new commercial activity.
💡 Investor Takeaway
Modern Steels Ltd confirmed its audited standalone financial results for FY26 with a total income of Rs Lacs 201 and a net profit of Rs Lacs 106. Basic EPS for FY26 was Rs 0.77. This re-submission had no changes from the prior filing.
⚖️ Strengths & Concerns
✅ Positives
- The company reported a Net Profit of Rs Lacs 106 for the financial year ended March 31, 2026.
- The auditors provided an unmodified opinion on the financial results for the quarter and year ended March 31, 2026.
⚠️ Concerns
- Total Income for the year ended March 31, 2026, was Rs Lacs 201, lower than Rs Lacs 549 in the prior year.
- The company noted it does not have manufacturing operations, indicating a significant change in its core business model from previous periods.
📅 Company Track Record
A past filing on May 13, 2026, indicated a Board meeting scheduled for May 22, 2026, to approve Q4 and FY26 financial results. This filing confirms the results approved at that meeting.
Based on publicly available historical data. For context only.
❓ Frequently Asked Questions
What were Modern Steels Ltd's Net Profit for the financial year ended March 31, 2026?
Modern Steels Ltd reported a Net Profit of Rs Lacs 106 for the financial year ended March 31, 2026.
What was the Total Income of Modern Steels Ltd for FY26?
The Total Income for Modern Steels Ltd for the financial year ended March 31, 2026, was Rs Lacs 201.
Has there been any change in the financial figures from the previous filing for Modern Steels Ltd?
No, the company explicitly stated that there is no change in the figures, financial results, disclosures, or any other information submitted on May 22, 2026.
What is the Basic EPS for Modern Steels Ltd for the year ended March 31, 2026?
The Basic EPS for Modern Steels Ltd for the year ended March 31, 2026, is Rs 0.77.
Questions based on this BSE filing only. For information purposes.