Integrated Filing — IndAS



General information about company

Scrip Code 544411
NSE Symbol SCODATUBES
MSEI Symbol NOTLISTED
ISIN INE090501011
Name of company Scoda Tubes Limited
Type of company Main Board
Class of security Equity
Date of start of financial year 01-04-2025
Date of end of financial year 31-03-2026
Date of board meeting when results were approved 30-01-2026
Date on which prior intimation of the meeting for considering financial results was informed to the exchange 23-01-2026
Description of presentation currency INR
Level of rounding used in financial results Lakhs
Reporting Type Quarterly
Reporting Quarter Third quarter
Nature of report standalone or consolidated Standalone
Whether results are audited or unaudited for the quarter ended Unaudited
Whether results are audited or unaudited for the Year to date for current period ended/year ended Unaudited
Segment Reporting Single segment
Description of single segment manufacturing of stainless-steel (SS) pipes and tubes
Start date and time of board meeting 30-01-2026   16:30:00
End date and time of board meeting 30-01-2026   17:00:00
Whether cash flow statement is applicable on company
Type of cash flow statement
Declaration of unmodified opinion or statement on impact of audit qualification Not applicable
Whether statement on deviation or variation for proceeds of public issue, rights issue, preferential issue, qualified institutions placement etc. is applicable to the company for the current quarter? Yes
No. of times funds raised during the quarter 2
Whether the disclosure for the Default on Loans and Debt Securities is applicable to the entity? No
No default



Financial Results Ind-AS

Amount in (Lakhs)

Particulars 3 months/ 6 months ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
A Date of start of reporting period 01-10-2025 01-04-2025
B Date of end of reporting period 31-12-2025 31-12-2025
C Whether results are audited or unaudited Unaudited Unaudited
D Nature of report standalone or consolidated Standalone Standalone
1 Income
Revenue from operations 15,239.90 39,508.10
Other income 74.40 616.80
Total income 15,314.30 40,124.90
2 Expenses
(a) Cost of materials consumed 11,876.10 31,360.20
(b) Purchases of stock-in-trade 0.00 0.00
(c) Changes in inventories of finished goods, work-in-progress and stock-in-trade (1,338.20) (4,280.30)
(d) Employee benefit expense 309.90 782.00
(e) Finance costs 611.30 1,672.70
(f) Depreciation, depletion and amortisation expense 231.40 560.50
(f) Other Expenses
1 Other expenses 2,090.80 5,692.30
Total other expenses 2,090.80 5,692.30
Total expenses 13,781.30 35,787.40
3 Total profit before exceptional items and tax 1,533.00 4,337.50
4 Exceptional items 0.00 0.00
5 Total profit before tax 1,533.00 4,337.50
6 Tax expense
7 Current tax 259.20 906.10
8 Deferred tax 126.60 179.00
9 Total tax expenses 385.80 1,085.10
10 Net movement in regulatory deferral account balances related to profit or loss and the related deferred tax movement 0.00 0.00
11 Net Profit Loss for the period from continuing operations 1,147.20 3,252.40
12 Profit (loss) from discontinued operations before tax 0.00 0.00
13 Tax expense of discontinued operations 0.00 0.00
14 Net profit (loss) from discontinued operation after tax 0.00 0.00
15 Share of profit (loss) of associates and joint ventures accounted for using equity method 0.00 0.00
16 Total profit (loss) for period 1,147.20 3,252.40
17 Other comprehensive income net of taxes 4.20 19.80
18 Total Comprehensive Income for the period 1,151.40 3,272.20
19 Total profit or loss, attributable to
Profit or loss, attributable to owners of parent
Total profit or loss, attributable to non-controlling interests
20 Total Comprehensive income for the period attributable to
Comprehensive income for the period attributable to owners of parent
Total comprehensive income for the period attributable to owners of parent non-controlling interests
21 Details of equity share capital
Paid-up equity share capital 5,990.90 5,990.90
Face value of equity share capital 10 10
27 Details of debt securities
22 Reserves excluding revaluation reserve
23 Earnings per share
i Earnings per equity share for continuing operations
Basic earnings (loss) per share from continuing operations 1.91 5.77
Diluted earnings (loss) per share from continuing operations 1.91 5.77
ii Earnings per equity share for discontinued operations
Basic earnings (loss) per share from discontinued operations 0 0
Diluted earnings (loss) per share from discontinued operations 0 0
ii Earnings per equity share
Basic earnings (loss) per share from continuing and discontinued operations 1.91 5.77
Diluted earnings (loss) per share from continuing and discontinued operations 1.91 5.77
24 Debt equity ratio 0 0
25 Debt service coverage ratio 0 0
26 Interest service coverage ratio 0 0
27 Disclosure of notes on financial results Textual Information(1)



Disclosure of notes on financial results

Textual Information(1) 1. The above financial results of Scoda Tubes Limited the Company for the quarter and nine months ended December 31 2025 have been reviewed by the Audit Committee and approved by the Board of Directors at its meeting held on January 30 2026 These results have been subjected to review by Statutory Auditors of the Company who expressed an unmodified conclusion thereon. 2. The above financial results have been prepared in accordance with Indian Accounting Standards Ind AS notified under Section 133 of Companies Act 2013 read together with the Companies Indian Accounting Standard Rules 2015 as amended. 3. The format of the above results as prescribed in SEBIs Circular CIRCFDCMD152015 dated 30th November 2015 has been modified to comply with the requirements of SEBIs circular dated 5th July 2016 Ind AS and Schedule III Division II of the Companies Act 2013. 4. The company is dealing in manufacturing of stainless steel SS pipes and tubes only Hence segment reporting as defined in Ind AS 108 is not applicable. 5. The company does not have any subsidiary joint venture or associate company as on December 31 2025 Hence the requirement to present consolidated financial results is not applicable to it. 6. During the nine months period ended December 31 2025 the Company has completed Initial Public Offer IPO of 15714200 equity shares of face value of INR 10 each at an issue price of INR 140 per share comprising of fresh issue of 15714200 shares out of which 15714200 equity shares were issued at an offer price of INR 140 per equity share to all the allottees aggregating to INR 2200 million Pursuant to the IPO the equity shares of the Company were listed on the National Stock Exchange NSE and Bombay Stock Exchange BSE on June 04 2025 Accordingly the financial results for the period prior to year ended March 31 2025 are drawn up for the first time The Company was not mandatorily required to prepare and publish results for the quarter and nine month ended December 31 2024 in accordance with the regulations. 7. The figures for the quarter ended December 31 2024 are the balancing figures between the audited figures for the nine months ended December 31 2024 and audited figures for the half year ended September 30 2024 Audit for the nine months ended December 31 2024 and half year ended September 30 2024 was conducted for the purpose of IPO filing. 8. The Board of Directors of the company have approved allotment of bonus shares in their meeting held on July 23 2024 in the ratio of 30 Bonus Shares for every 1 Share held. The number of shares used for the calculation of earnings per share for the nine months ended December 31 2024 have been adjusted for pursuant to Paragraph 64 of Ind AS 33 Earnings Per Share prescribed under Section 133 of the Companies Act 2013. 9. During the year the company has decided to change the method of depreciation from written down value WDV method to straight line basis SLM method which is better representative of pattern of consumption of assets future economic benefits The said change is treated as change in accounting estimate in accordance with Ind AS 8 and accounted for prospectively from current financial year This change in accounting estimate has resulted in reduction of depreciation expense by Rs 20.85 Millions for the quarter ended December 31 2025 and Rs 74.60 Millions for nine months ended December 31 2025. 10. The Government of India has notified the New Labour Codes Code of Wages 2019 the Industrial Relations Code 2020 the Code on Social Security 2020 and the Occupational Safety Health and Working Conditions Code 2020 with effect from November 21 2025 The company is in process of making assessment of these new labour codes on overall wage bill As the underlying rules to the all the New Labour Codes are yet to be notified the company will continue to monitor further developments and will evaluate and give effect to any consequential adjustments arising subsequently in this respect. 11. Previous Periods figures have been regrouped restated wherever considered necessary to confirm current period classification.



Remarks

Debt equity ratio
Debt service coverage ratio
Interest service coverage ratio


Format for Reporting Segment wise Revenue, Results and Capital Employed along with the company results

Amount in (Lakhs)

Particulars 3 months/ 6 month ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
Date of start of reporting period 01-10-2025 01-04-2025
Date of end of reporting period 31-12-2025 31-12-2025
Whether results are audited or unaudited Unaudited Unaudited
Nature of report standalone or consolidated Standalone Standalone
1 Segment Revenue (Income)
(net sale/income from each segment should be disclosed)
Total Segment Revenue
Less: Inter segment revenue
Revenue from operations
2 Segment Result
Profit (+) / Loss (-) before tax and interest from each segment
Total Profit before tax
i. Finance cost
ii. Other Unallocable Expenditure net off Unallocable income
Profit before tax
3 (Segment Asset - Segment Liabilities)
Segment Asset
Total Segment Asset
Un-allocable Assets null null
Net Segment Asset null null
4 Segment Liabilities
Segment Liabilities
Total Segment Liabilities
Un-allocable Liabilities null null
Net Segment Liabilities null null
Disclosure of notes on segments



Other Comprehensive Income

Amount in (Lakhs)

Particulars 3 months/ 6 months ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
A Date of start of reporting period 01-10-2025 01-04-2025
B Date of end of reporting period 31-12-2025 31-12-2025
C Whether results are audited or unaudited Unaudited Unaudited
D Nature of report standalone or consolidated Standalone Standalone
Other comprehensive income [Abstract]
1 Amount of items that will not be reclassified to profit and loss
Total Amount of items that will not be reclassified to profit and loss
2 Income tax relating to items that will not be reclassified to profit or loss (4.20) (19.80)
3 Amount of items that will be reclassified to profit and loss
Total Amount of items that will be reclassified to profit and loss
4 Income tax relating to items that will be reclassified to profit or loss 0.00 0.00
5 Total Other comprehensive income 4.20 19.80





Statement on Deviation or Variation for proceeds of Public Issue, Rights Issue, Preferential Issue, Qualified Institutions Placement Etc. (1)

Amount in (Lakhs)

Mode of Fund Raising Preferential Issues
Description of mode of fund raising (Applicable in case of others is selected)
Date of Raising Funds 21-10-2024
Amount Raised 5,500.00
Report filed for Quarter ended 31-12-2025
Monitoring Agency Not Applicable
Monitoring Agency Name, if applicable
Is there a Deviation / Variation in use of funds raised No
If yes, whether the same is pursuant to change in terms of a contract or objects, which was approved by the shareholders
If Yes, Date of shareholder Approval
Explanation for the Deviation / Variation NA
Comments of the Audit Committee after review NA
Comments of the auditors, if any NA
Sr. Original Object Modified Object, if any Original Allocation Modified allocation, if any Funds Utilised Amount of Deviation/Variation for the quarter according to applicable object Remarks if any
1 Capital expenditure towards expanding production capacity of seamless and welded tubes and pipes machinery and civil work General Corporate Purposes issue related expenses NA 5,500.00 0.00 5,500.00 0.00


Statement on Deviation or Variation for proceeds of Public Issue, Rights Issue, Preferential Issue, Qualified Institutions Placement Etc. (2)

Amount in (Lakhs)

Mode of Fund Raising Public Issues
Description of mode of fund raising (Applicable in case of others is selected)
Date of Raising Funds 02-06-2025
Amount Raised 22,000.00
Report filed for Quarter ended 31-12-2025
Monitoring Agency Applicable
Monitoring Agency Name, if applicable CRISIL RATINGS LIMITED
Is there a Deviation / Variation in use of funds raised No
If yes, whether the same is pursuant to change in terms of a contract or objects, which was approved by the shareholders
If Yes, Date of shareholder Approval
Explanation for the Deviation / Variation NA
Comments of the Audit Committee after review NA
Comments of the auditors, if any NA
Sr. Original Object Modified Object, if any Original Allocation Modified allocation, if any Funds Utilised Amount of Deviation/Variation for the quarter according to applicable object Remarks if any
1 Capital Expenditure towards expanding Production capacity of seamless and welded tubes and pipes 0 7,699.00 0.00 3,731.00 0.00
2 Funding the part incremental working capital requirements of our company 0 11,000.00 0.00 6,958.70 0.00
3 General Corporate Purpose 0 1,373.90 0.00 991.50 0.00 During the quarter ended December 31, 2025, actual utilisation towards offer related expenses was more than the estimated amount disclosed in the Prospectus, hence the excess amount of Rs 6.20 million from offer related expenses were adjusted with GCP object resulting in decrease in GCP amount to Rs 131.19 million and consequential decrease in the net proceeds amount.
4 Offer related expenses 0 1,927.10 0.00 1,927.10 0.00 During the quarter ended December 31, 2025, actual utilisation towards offer related expenses was more than the estimated amount disclosed in the Prospectus, hence the excess amount of Rs 6.20 million from offer related expenses were adjusted with GCP object resulting in decrease in GCP amount to Rs 131.19 million and consequential decrease in the net proceeds amount.


Signatory Details

Name of signatory Nishita Mayank Sanghvi
Designation of person Company Secretary and Compliance Officer
Place Mehsana
Date 30-01-2026