Shree Precoated Steels Ltd
Un-audited Financial Results for the Quarter ended June 30, 2026
RESULTS
▼ Concern Flagged
HIGH RISK
📅 Filed on BSE: 04 Aug 2026, 12:29 PM IST · BSE ID: 8f0375ca-fef6-411f-b691-5521cfd69db0
View Original BSE Filing (PDF)
💡
In Simple Terms
The company recorded a net loss of Rs. (14) Lakhs for the quarter, and auditors raised concerns about its ability to continue operations.
🤖 AI Summary
- Shree Precoated Steels reported a standalone net loss of Rs. (14) Lakhs for Q1 FY27.
- Total Income From Operations (Net) for the quarter ended June 30, 2026, was Rs. 368 Lakhs.
- Total Expenses for the quarter stood at Rs. 14 Lakhs, including Rs. 10 Lakhs in employee benefits.
- Auditors highlighted a material uncertainty regarding going concern due to negative net worth.
- The financial results were approved by the Board of Directors on August 04, 2026.
🔢 Key Numbers — exact figures from BSE filing, not rounded
Profit/(Loss) after Tax
(14) Rs. In Lakhs
Not comparable — limited prior period data.
Total Income From Operations (Net)
368 Rs. In Lakhs
Not comparable — limited prior period data.
Total Expenses
14 Rs. In Lakhs
Not comparable — limited prior period data.
Paid up Equity Share Capital
414 Rs. In Lakhs
Basic EPS
(0.34) Rs. per Share
Not comparable — limited prior period data.
🏢 How This Affects the Company
The company's primary business operations, as indicated by 'Revenue from operations', contributed zero to the Total Income From Operations (Net), which was entirely derived from 'Other Income' of Rs. 368 Lakhs.
The company continues to report a net loss, with Profit/(Loss) after Tax of Rs. (14) Lakhs for the quarter. A negative net worth is explicitly stated, indicating financial fragility.
The auditor's report highlights a material uncertainty related to going concern due to negative net worth and pending litigation regarding indirect taxes. This increases the financial and operational risk profile.
👥 What This Means For Shareholders
✅
Action Required
No immediate action is required from shareholders based on this financial results filing.
👤
Who Is Affected
All shareholders are affected by the reported net loss of Rs. (14) Lakhs and the auditors' material uncertainty about the company's going concern status.
🔍
Management Signal
The management's decision to prepare accounts on a going concern basis, despite negative net worth and pending litigation, indicates an intent to continue operations.
For information only. Not investment advice. ForgeUp is not SEBI-registered.
👁 Watch List — track these upcoming events
Q2 FY27 financial results — check for changes in income sources and net loss trend.
Updates on pending litigation for refund of indirect taxes — assess financial liability.
Any announcement regarding efforts to address negative net worth or raise finance.
HIGH RISK
Auditors flagged a material uncertainty related to going concern due to persistent negative net worth and pending litigation.
💡 Investor Takeaway
Shree Precoated Steels reported a standalone net loss of Rs. (14) Lakhs for the quarter ended June 30, 2026. Total Income From Operations (Net) was Rs. 368 Lakhs. Auditors noted a material uncertainty related to going concern due to negative net worth.
⚖️ Strengths & Concerns
⚠️ Concerns
- Shree Precoated Steels reported a net loss of Rs. (14) Lakhs for the quarter, continuing a trend of losses.
- The auditor's report identified a material uncertainty regarding going concern, citing negative net worth and pending litigation.
📅 Company Track Record
Shree Precoated Steels previously reported a net loss of Rs. (14) Lakhs for Q4 FY26 and a net loss of Rs. (60) Lakhs for FY26. Auditors have consistently flagged going concern risk in prior filings.
Based on publicly available historical data. For context only.
❓ Frequently Asked Questions
What was Shree Precoated Steels' net profit/loss for the quarter ended June 30, 2026?
Shree Precoated Steels reported a standalone net loss of Rs. (14) Lakhs for the quarter ended June 30, 2026.
What was the Total Income From Operations for Shree Precoated Steels in Q1 FY27?
The Total Income From Operations (Net) for Shree Precoated Steels was Rs. 368 Lakhs for the quarter ended June 30, 2026, primarily from Other Income.
Did auditors raise any concerns about Shree Precoated Steels' financial statements?
Yes, the auditors highlighted a material uncertainty related to going concern due to the company's negative net worth and pending litigation concerning indirect taxes.
What was Shree Precoated Steels' Basic Earnings Per Share (EPS) for Q1 FY27?
The Basic Earnings Per Share for Shree Precoated Steels for the quarter ended June 30, 2026, was (0.34) Rs. per Share.
Questions based on this BSE filing only. For information purposes.