| Scrip Code | 526885 |
|---|---|
| NSE Symbol | SARLAPOLY |
| MSEI Symbol | NOTLISTED |
| ISIN | INE453D01025 |
| Name of company | SARLA PERFORMANCE FIBERS LIMITED |
| Type of company | Main Board |
| Class of security | Equity |
| Date of start of financial year | 01-04-2026 |
| Date of end of financial year | 31-03-2027 |
| Date of board meeting when results were approved | 05-08-2026 |
| Date on which prior intimation of the meeting for considering financial results was informed to the exchange | 28-07-2026 |
| Description of presentation currency | INR |
| Level of rounding used in financial results | Lakhs |
| Reporting Type | Quarterly |
| Reporting Quarter | First quarter |
| Nature of report standalone or consolidated | Consolidated |
| 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 | |
| Segment Reporting | Multi segment |
| Description of single segment | |
| Start date and time of board meeting | 05-08-2026 14:05:00 |
| End date and time of board meeting | 05-08-2026 16:30:00 |
| Whether cash flow statement is applicable on company | |
| Type of cash flow statement | |
| Declaration of unmodified opinion or statement on impact of audit qualification | Statement on impact of audit qualification |
| 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 | 01-04-2026 | 01-04-2026 |
| B | Date of end of reporting period | 30-06-2026 | 30-06-2026 |
| C | Whether results are audited or unaudited | Unaudited | Unaudited |
| D | Nature of report standalone or consolidated | Consolidated | Consolidated |
| 1 | Income | ||
| Revenue from operations | 11,326.43 | 11,326.43 | |
| Other income | 2,785.97 | 2,785.97 | |
| Total income | 14,112.40 | 14,112.40 | |
| 2 | Expenses | ||
| (a) | Cost of materials consumed | 4,682.17 | 4,682.17 |
| (b) | Purchases of stock-in-trade | 229.02 | 229.02 |
| (c) | Changes in inventories of finished goods, work-in-progress and stock-in-trade | (144.98) | (144.98) |
| (d) | Employee benefit expense | 631.73 | 631.73 |
| (e) | Finance costs | 279.63 | 279.63 |
| (f) | Depreciation, depletion and amortisation expense | 625.13 | 625.13 |
| (f) | Other Expenses | ||
| 1 | Other Expenses | 3,179.95 | 3,179.95 |
| Total other expenses | 3,179.95 | 3,179.95 | |
| Total expenses | 9,482.65 | 9,482.65 | |
| 3 | Total profit before exceptional items and tax | 4,629.75 | 4,629.75 |
| 4 | Exceptional items | 0.00 | 0.00 |
| 5 | Total profit before tax | 4,629.75 | 4,629.75 |
| 6 | Tax expense | ||
| 7 | Current tax | 647.21 | 647.21 |
| 8 | Deferred tax | 254.30 | 254.30 |
| 9 | Total tax expenses | 901.51 | 901.51 |
| 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 | 3,728.24 | 3,728.24 |
| 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 | 3,728.24 | 3,728.24 |
| 17 | Other comprehensive income net of taxes | 755.08 | 755.08 |
| 18 | Total Comprehensive Income for the period | 4,483.32 | 4,483.32 |
| 19 | Total profit or loss, attributable to | ||
| Profit or loss, attributable to owners of parent | 3,748.78 | 3,748.78 | |
| Total profit or loss, attributable to non-controlling interests | (20.53) | (20.53) | |
| 20 | Total Comprehensive income for the period attributable to | ||
| Comprehensive income for the period attributable to owners of parent | 4,505.49 | 4,505.49 | |
| Total comprehensive income for the period attributable to owners of parent non-controlling interests | (19.94) | (19.94) | |
| 21 | Details of equity share capital | ||
| Paid-up equity share capital | 795.03 | 795.03 | |
| Face value of equity share capital | 1 | 1 | |
| 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 | 4.72 | 4.72 | |
| Diluted earnings (loss) per share from continuing operations | 4.72 | 4.72 | |
| 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 | 4.72 | 4.72 | |
| Diluted earnings (loss) per share from continuing and discontinued operations | 4.72 | 4.72 | |
| 24 | Debt equity ratio | ||
| 25 | Debt service coverage ratio | ||
| 26 | Interest service coverage ratio | ||
| 27 | Disclosure of notes on financial results | Textual Information(1) | |
| Textual Information(1) | 1. The Audit Committee has reviewed these results and the Board of Directors have approved the above results at their meeting held on 05th August, 2026. 2. Figures of three months ended March 31, 2026 are the balancing figures between audited figures in respect of the full financial year and the published year to date figures upto the third quarter of the relevant financial year. During the quarter ended March31, 2026, the Company sold 11,1% Non-Cumulative Redeemable Preference Shares held in 3. its wholly owned subsidiary, Sarla Flex Inc., having a face value of USD 10,00,000 each, for consideration of USD 11,000 per share. (a) In the standalone Financials, Based on the carrying amount of the said Preference Shares of Rs. 7,824.85 lakhs (gross of impairment of Rs. 2,280.10 Lakhs carried out in earlier years), the sale transaction has resulted in a loss amounting to Rs. 5,433.16 lakhs, which has been recognized as an Exceptional Item in the statement of Profit and Loss for the quarter and year ending 31st March 2026. For the sale and write off of the loss for the above transaction and subsequent receipt of the sales proceeds, the company has applied for the necessary approvals from the regulators and the same is still awaited as on date. The management is pursuing with the Authorized Dealer to get the necessary approvals at the earliest (b) In the Consolidated Financials, the sale transaction has resulted in a loss amounting to Rs 7,713.26 Lakhs (since Provision for Impairment of Rs 2,280.10 Lakhs recorded in the earlier years in the standalone financials statements were eliminated due to consolidation adjustments) which has been recognized as an Exceptional Item in the statement of Profit and Loss for the quarter and year ending 31st March 2026. 4. During the quarter ended June 30,2026, the Company completed the buyback of 40,00,000 (Forty Lakhs) equity shares at a price of Rs.110 per equity share, in accordance with the applicable provisions of the Companies Act, 2013, the SEBI (Buy-Back of Securities) Regulations, and other applicable laws. Consequently, the paid-up equity share capital of the Company stands reduced to the extent of the shares bought back. |
|---|
| Debt equity ratio | |
|---|---|
| Debt service coverage ratio | |
| Interest service coverage ratio |
| 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 | 01-04-2026 | 01-04-2026 | |||||
| Date of end of reporting period | 30-06-2026 | 30-06-2026 | |||||
| Whether results are audited or unaudited | Unaudited | Unaudited | |||||
| Nature of report standalone or consolidated | Consolidated | Consolidated | |||||
| 1 | Segment Revenue (Income) | ||||||
| (net sale/income from each segment should be disclosed) | |||||||
| 1 | Yarn | 11,104.29 | 11,104.29 | ||||
| 2 | Wind Power | 0.0024815 | 0.0024815 | ||||
| Total Segment Revenue | 11,352.44 | 11,352.44 | |||||
| Less: Inter segment revenue | 26.01 | 26.01 | |||||
| Revenue from operations | 11,326.43 | 11,326.43 | |||||
| 2 | Segment Result | ||||||
| Profit (+) / Loss (-) before tax and interest from each segment | |||||||
| 1 | Yarn | 5,697.09 | 5,697.09 | ||||
| 2 | Wind Power | 75.44 | 75.44 | ||||
| Total Profit before tax | 5,772.53 | 5,772.53 | |||||
| i. Finance cost | 279.63 | 279.63 | |||||
| ii. Other Unallocable Expenditure net off Unallocable income | 863.15 | 863.15 | |||||
| Profit before tax | 4,629.75 | 4,629.75 | |||||
| 3 | (Segment Asset - Segment Liabilities) | ||||||
| Segment Asset | |||||||
| 1 | Yarn | 43,722.14 | 43,722.14 | ||||
| 2 | Wind Power | 4,582.09 | 4,582.09 | ||||
| Total Segment Asset | 48,304.23 | 48,304.23 | |||||
| Un-allocable Assets | 35,965.23 | 35,965.23 | |||||
| Net Segment Asset | 84,269.46 | 84,269.46 | |||||
| 4 | Segment Liabilities | ||||||
| Segment Liabilities | |||||||
| 1 | Yarn | 14,586.71 | 14,586.71 | ||||
| 2 | Wind Power | 64.51 | 64.51 | ||||
| Total Segment Liabilities | 14,651.22 | 14,651.22 | |||||
| Un-allocable Liabilities | 18,071.54 | 18,071.54 | |||||
| Net Segment Liabilities | 32,722.76 | 32,722.76 | |||||
| Disclosure of notes on segments | Textual Information(2) | ||||||
| Textual Information(2) | 1. The Audit Committee has reviewed these results and the Board of Directors have approved the above results at their meeting held on 05th August, 2026. 2. Figures of three months ended March 31, 2026 are the balancing figures between audited figures in respect of the full financial year and the published year to date figures upto the third quarter of the relevant financial year. During the quarter ended March31, 2026, the Company sold 11,1% Non-Cumulative Redeemable Preference Shares held in 3. its wholly owned subsidiary, Sarla Flex Inc., having a face value of USD 10,00,000 each, for consideration of USD 11,000 per share. (a) In the standalone Financials, Based on the carrying amount of the said Preference Shares of Rs. 7,824.85 lakhs (gross of impairment of Rs. 2,280.10 Lakhs carried out in earlier years), the sale transaction has resulted in a loss amounting to Rs. 5,433.16 lakhs, which has been recognized as an Exceptional Item in the statement of Profit and Loss for the quarter and year ending 31st March 2026. For the sale and write off of the loss for the above transaction and subsequent receipt of the sales proceeds, the company has applied for the necessary approvals from the regulators and the same is still awaited as on date. The management is pursuing with the Authorized Dealer to get the necessary approvals at the earliest (b) In the Consolidated Financials, the sale transaction has resulted in a loss amounting to Rs 7,713.26 Lakhs (since Provision for Impairment of Rs 2,280.10 Lakhs recorded in the earlier years in the standalone financials statements were eliminated due to consolidation adjustments) which has been recognized as an Exceptional Item in the statement of Profit and Loss for the quarter and year ending 31st March 2026. 4. During the quarter ended June 30,2026, the Company completed the buyback of 40,00,000 (Forty Lakhs) equity shares at a price of Rs.110 per equity share, in accordance with the applicable provisions of the Companies Act, 2013, the SEBI (Buy-Back of Securities) Regulations, and other applicable laws. Consequently, the paid-up equity share capital of the Company stands reduced to the extent of the shares bought back. |
|---|
| 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 | 01-04-2026 | 01-04-2026 |
| B | Date of end of reporting period | 30-06-2026 | 30-06-2026 |
| C | Whether results are audited or unaudited | Unaudited | Unaudited |
| D | Nature of report standalone or consolidated | Consolidated | Consolidated |
| 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 | ||
| 3 | Amount of items that will be reclassified to profit and loss | ||
| 1 | Cash Flow Hedge | 1,039.38 | 1,039.38 |
| 2 | Foreign exchange differences in translating financial statements of foreign operations | (22.71) | (22.71) |
| Total Amount of items that will be reclassified to profit and loss | 1,016.67 | ||
| 4 | Income tax relating to items that will be reclassified to profit or loss | 261.59 | 261.59 |
| 5 | Total Other comprehensive income | 755.08 | 755.08 |
| Whether results are audited or unaudited | Unaudited |
|---|---|
| Declaration of unmodified opinion or statement on impact of audit qualification | Statement on impact of audit qualification |
| Auditor's opinion | Qualified opinion |
| Declaration pursuant to Regulation 33 (3) (d) of SEBI (LODR) Regulation, 2015: The company declares that its Statutory Auditor/s have issued an Audit Report with unmodified opinion for the period on Standalone results |
| Sr No. | Audit firm's name | Whether the firm holds a valid peer review certificate issued by Peer Review Board of ICAI | Certificate valid upto | ||
| 1 | CNK AND ASSOCIATES LLP CHARTERED ACCOUNTANTS | Yes | 31-07-2027 | ||
|---|---|---|---|---|---|
| Sr. | Particulars | Audited Figures (as reported before adjusting for qualifications) | Adjusted Figures (audited figures after adjusting for qualifications) |
|---|---|---|---|
| 1 | Turnover / Total income | 14,112.40 | 14,112.40 |
| 2 | Total Expenditure | 9,482.66 | 9,482.66 |
| 3 | Net Profit/(Loss) | 3,728.24 | 3,728.24 |
| 4 | Earnings Per Share | 4.72 | 4.72 |
| 5 | Total Assets | 84,269.46 | 84,269.46 |
| 6 | Total Liabilities | 32,722.76 | 32,722.76 |
| 7 | Net Worth | 51,546.70 | 51,546.70 |
| Sr. | Details of Audit Qualification | Type of Audit Qualification | Frequency of qualification | For Audit Qualification(s) where the impact is quantified by the auditor | For Audit Qualification(s) where the impact is not quantified by the auditor | ||
|---|---|---|---|---|---|---|---|
| Management's Views | (i) Management's estimation on the impact of audit qualification | (ii) If management is unable to estimate the impact, reasons for the same | Auditors' Comments on (i) or (ii) above | ||||
| 1 | Textual Information(1) | Qualified opinion | Repetitive | Textual Information(2) | Textual Information(3) | Textual Information(4) | Textual Information(5) |
| Textual Information(1) | We draw attention to the fact that the Holding Company had, during the financial year 2025-26, recognized loss of Rs. 7,713.26 lakhs on sale of 1% Non-Cumulative Redeemable Preference Shares held in its wholly owned subsidiary, Sarla Flex Inc. The necessary regulatory approvals applied for by the Holding Company in respect of the said sale, the write-off of the aforesaid loss, and the receipt of sale proceeds thereof, were awaited as on the date of our audit report on the audited Consolidated Financial Results of the Group for the quarter and year ended 31st March, 2026, dated 22nd April, 2026, which formed the basis for the qualified opinion expressed by us therein. As at 30th June, 2026, an amount of Rs. 1,11,59,132.60 (Rs. 111.59 lakhs), representing the consideration recoverable towards the aforesaid sale, is carried under Other Receivables. The aforesaid regulatory approvals, the write-off of the loss, and the receipt of the balance sale proceeds, continue to remain awaited as on the date of this report. Pending receipt of such approvals, we are unable to comment on the recoverability of the said balance and the consequential impact, if any, that this matter may have on the Statement for the quarter and year to date period ended 30th June, 2026. Note to the financial Results: During the quarter, the Company sold 11,1% Non-Cumulative Redeemable Preference Shares held in its wholly owned subsidiary, Sarla Flex Inc., having a face value of USD 10,00,000 each, for consideration of USD 11,000 per share. In the Consolidated Financials, the sale transaction has resulted in a loss amounting to Rs 7,713.26 Lakhs (since Provision for Impairment of Rs 2,280.10 Lakhs recorded in the earlier years in the standalone financials statements were eliminated due to consolidation adjustments) which has been recognized as an Exceptional Item in the statement of Profit and Loss for the quarter and year ending 31st March 2026. For the sale and write off of the loss for the above transaction and subsequent receipt of the sales proceeds, the company has applied for the necessary approvals from the regulators and the same is still awaited as on date. The management is pursuing with the Authorized Dealer to get the necessary approvals at the earliest |
|---|---|
| Textual Information(2) | Not Applicable |
| Textual Information(3) | Not Applicable |
| Textual Information(4) | Auditor have qualified the opinion as the approvals from the regulators is still awaited but the Management, based on its assessment of the facts and circumstances, believes that such approvals are procedural in nature and do not cast any uncertainty on the transaction |
| Textual Information(5) | This being a regulatory non-compliance we are unable to quantify the amount of penalty that may be imposed by the regulator to regularize this transaction pending clearance |
| Name of CEO / Managing director | KRISHNA KUMAR JHUNHUNWALA |
|---|---|
| Name of CFO | KAYVANNA SHAH |
| Name of audit committee chairman | SACHIN ABHAYANKAR |
| Name of statutory auditor | SURESH AGASKAR |
| Name of other signatory, if any, with designation | |
| Place | MUMBAI |
| Date | 05-08-2026 |