Sai Industries530905Quarterly results

Board approves audited Q4 and FY26 results; auditor flags creditor's NCLAT application

Board approved audited results for the quarter and year ended 31 March 2026.

By ScoutQuest · Wed 28 Oct 2026, 12:57 PM IST · 2 min read

Profitability: Every profit line, down to net profit and EPS, is shown in brackets — a loss
TDS outstanding: TDS of 30000 outstanding for more than six months as at 31 March 2026
Creditor application: A financial creditor has shared an application before the NCLAT over non-payment

Board outcome

The Board of Directors approved the audited financial results of the company for the quarter and year ended 31 March 2026 at its meeting on 30 May 2026. The results were reviewed by the Audit Committee and audited by the statutory auditors, Girotra & Co.

Auditor's opinion

The auditors state that the standalone financial statements give a true and fair view of the state of affairs as at 31 March 2026, and of the profit and loss, changes in equity and cash flows for the year ended on that date.
There are no Key Audit Matters to communicate in the auditor's report.
Internal financial controls over financial reporting were, in the auditors' opinion, adequate and operating effectively as at 31 March 2026.

What the results show

The statement of audited results is presented in Rs. in Lacs. Every profit line, from operating level down to net profit and earnings per share, is shown in brackets, which is how a loss is presented. The company operates in a single segment. The auditors note the company has no fixed assets and held no inventory during the year.

Points for investors to note

One of the financial creditors has shared an application before the NCLAT (COM.APP(AT)(INS)899/2025) against the company over non-payment of amounts due. The company states it is in the process of settling the matter.
A TDS payment of 30000 was outstanding for more than six months from the date it became payable as at 31 March 2026, although the company is otherwise described as generally regular in depositing undisputed statutory dues.
The company has not defaulted in repayment of loans or borrowings to financial institutions, banks or the government, or in dues to debenture holders.
No deposits were accepted, and no money was raised through an initial public offer, further public offer or term loan during the year.
No preferential allotment or private placement of shares or convertible debentures was made during the year.
No fraud by the company, or on the company by its officers or employees, was noticed or reported.
No managerial remuneration was paid or provided in the books.
No amounts were required to be transferred to the Investor Education and Protection Fund.

Disclosure timing

The exchange update records that the compliance under Regulation 30 was submitted to BSE on 30 May 2026 and refers to a delay in uploading it.

How to read this

The two things a reader can weigh up are the loss reported for the year and quarter, and the creditor's application before the NCLAT, which the company says it is working to settle. The auditor's opinion itself is unqualified, with no key audit matters, and the statutory-dues exception is limited to a TDS amount of 30000.

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