Disclosure of un-audited Financial Result for quarter ended June 30,2026
RESULTS
▲ Positive Development
LOW RISK
📅 Filed on BSE: 06 Aug 2026, 09:12 PM IST · BSE ID: eb1e5ab3-d2d2-4490-a070-8d04de1fec31
View Original BSE Filing (PDF)
💡
In Simple Terms
SNL Bearings announced its first-quarter financial results, showing increased profit, and initiated the process to appoint a new Internal Auditor.
🤖 AI Summary
- SNL Bearings reported an unaudited net profit of 346 lakhs for the quarter ended June 30, 2026.
- Revenue from operations stood at 1,525 lakhs for the first quarter of FY27.
- The Board approved the unaudited financial results and limited review report for Q1 FY27.
- M/s. Jayesh Bhagchandani & Co. ceased to be the Internal Auditor due to the proprietor's demise on July 13, 2026.
- The company is in the process of appointing a new Internal Auditor to fill the casual vacancy.
🔢 Key Numbers — exact figures from BSE filing, not rounded
Revenue from operations (Quarter ended 30.06.26)
1525 lakhs
Total income (Quarter ended 30.06.26)
1,649 lakhs
Profit before tax (Quarter ended 30.06.26)
266 lakhs
Profit after tax (Quarter ended 30.06.26)
346 lakhs
Basic and diluted earnings per equity share (Quarter ended 30.06.26)
9.58
Date of Demise (Internal Auditor Proprietor)
July 13, 2026
🏢 How This Affects the Company
Revenue from operations increased to 1,525 lakhs in Q1 FY27 from 1,237 lakhs in Q1 FY26.
Profit after tax for the quarter ended June 30, 2026, was 346 lakhs, compared to 271 lakhs for the same period in the prior year.
The company needs to appoint a new Internal Auditor, following the cessation of the previous auditor, to maintain internal control and compliance.
A temporary gap in the Internal Auditor role could present a minor administrative compliance risk until a new appointment is made.
👥 What This Means For Shareholders
✅
Action Required
No action is required from shareholders based on this filing.
👤
Who Is Affected
All shareholders are indirectly affected by the company's financial performance and the temporary vacancy in the internal audit function.
🔍
Management Signal
Management is maintaining corporate governance by promptly addressing the vacancy of the Internal Auditor and seeking a replacement.
For information only. Not investment advice. ForgeUp is not SEBI-registered.
👁 Watch List — track these upcoming events
Announcement of the new Internal Auditor appointment.
SNL Bearings' Q2 FY27 financial results disclosure.
Updates on operational performance and revenue growth trends.
LOW RISK
The reported financial performance is positive, and the auditor change is administrative.
💡 Investor Takeaway
SNL Bearings reported a Q1 FY27 net profit of 346 lakhs, a 27.68% increase from 271 lakhs in Q1 FY26. Revenue from operations grew 23.28% to 1,525 lakhs. The company is actively seeking a new Internal Auditor due to an unforeseen vacancy.
⚖️ Strengths & Concerns
✅ Positives
- Profit after tax increased by 27.68% to 346 lakhs in Q1 FY27 compared to 271 lakhs in Q1 FY26.
- Revenue from operations grew by 23.28% to 1,525 lakhs in Q1 FY27 from 1,237 lakhs in Q1 FY26.
⚠️ Concerns
- The Internal Auditor ceased to act due to the unfortunate demise of its proprietor, creating a vacancy.
- The company is still in the process of appointing a new Internal Auditor, indicating a temporary delay in full compliance.
📅 Company Track Record
SNL Bearings reported a net profit of 346 lakhs for Q1 FY27, compared to 271 lakhs in Q1 FY26. For the full year ended March 31, 2026, the company reported a net profit of 1,085 lakhs. Revenue from operations for FY26 was 5,662 lakhs.
Based on publicly available historical data. For context only.
❓ Frequently Asked Questions
What was SNL Bearings' net profit for the quarter ended June 30, 2026?
SNL Bearings reported an unaudited net profit (Profit after tax) of 346 lakhs for the quarter ended June 30, 2026.
What was SNL Bearings' revenue from operations in Q1 FY27?
Revenue from operations for SNL Bearings was 1,525 lakhs for the quarter ended June 30, 2026.
Why is SNL Bearings appointing a new Internal Auditor?
SNL Bearings is appointing a new Internal Auditor due to the unfortunate demise of Mr. Jayesh Bhagchandani, proprietor of M/s. Jayesh Bhagchandani & Co., the existing Internal Auditor.
What was the Basic and Diluted EPS for SNL Bearings in Q1 FY27?
The Basic and Diluted Earnings Per Equity Share for SNL Bearings for the quarter ended June 30, 2026, was 9.58.
Questions based on this BSE filing only. For information purposes.