INTEGRATED FILING — Other than Banks



General information about company

Scrip code 000000
NSE Symbol NMSTEEL
MSEI Symbol NOTLISTED
ISIN INE0TP801012
Name of Company Newmalayalam Steel Limited
Type of company SME
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 27-05-2026
Date on which prior intimation of the meeting for considering financial results was informed to the exchange 22-05-2026
Description of presentation currency INR
Level of rounding used in financial results Lakhs
Reporting Type Half Yearly
Reporting Quarter Yearly
Nature of report standalone or consolidated Standalone
Whether results are audited or unaudited for the quarter ended Audited
Whether results are audited or unaudited for the Year to date for current period ended/year ended Audited
Segment Reporting Single segment
Description of single segment Steel tube sector
Start date and time of board meeting 27-05-2026   16:30:00
End date and time of board meeting 27-05-2026   18:30:00
Whether cash flow statement is applicable on company Yes
Type of cash flow statement Cash Flow Indirect
Declaration of unmodified opinion or statement on impact of audit qualification Declaration of unmodified opinion
Whether the company has any related party? Yes
Whether the company has entered into any Related Party transaction during the selected half year for which it wants to submit disclosure? Yes
(I) We declare that the acceptance of fixed deposits by the bans/Non-Banking Finance Company are at the terms uniformly applicable/offered to all shareholders/public NA
(II) We declare that the scheduled commercial bank, as per RBI circular RBI/DBR/2015-16/19 dated March 03, 2016, has allowed additional interest of one per cent per annum, over and above the rate of interest mentioned in the schedule of interest rates on savings or a term deposits of banks staff and their exclusive associations as well as on deposits of Chairman, Chairman & Managing Director, Executive Director or such other Executives appointed for a fixed tenure. NA
(III) Whether the company is a high value debt listed entity according to regulation 15 (1A)? No
(a) If answer to above question is Yes, whether complying with proviso to regulation 23 (9), i.e., submitting RPT disclosures on the day of results publication?
(b) If answer to above question is No, please explain the reason for not complying.
Whether the updated Related Party Transactions (RPT) Policy (in compliance with Reg. 23 of SEBI LODR) has been uploaded on the website of the Company? Yes
Latest Date on which RPT policy is updated 29-05-2025
Indicate Company website link for updated RPT policy of the Company https://demacsteel.com/
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 1
Whether the disclosure for the Default on Loans and Debt Securities is applicable to the entity? No
NA


Financial Results — Other than Bank

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 31-03-2026 31-03-2026
C Whether results are audited or unaudited Audited Audited
D Nature of report standalone or consolidated Standalone Standalone
1 Revenue From Operations
Revenue from operations 15,768.82 31,993.01
Other income 108.04 263.27
Total Income 15,876.86 32,256.28
2 Expenses
(a) Cost of materials consumed 14,496.06 29,784.43
(b) Purchases of stock-in-trade 127.59 150.36
(c) Changes in inventories of finished goods, work-in-progress and stock-in-trade 303.67 196.56
(d) Employee benefit expense 135.49 249.22
(e) Finance costs 162.83 261.49
(f) Depreciation and amortisation expense 111.50 201.14
(g) Other Expenses
1 Other Expenses 147.43 444.13
Total other expenses 147.43 444.13
Total expenses 15,484.57 31,287.33
3 Profit before exceptional and extraordinary items and tax 392.29 968.95
4 Exceptional items 0.00 0.00
5 Profit before extraordinary items and tax 392.29 968.95
6 Extraordinary items 0.00 0.00
7 Profit before tax 392.29 968.95
8 Tax Expense
Current tax 99.97 243.10
Deferred tax 6.24 18.10
Total tax expenses 106.21 261.20
9 Net Profit Loss for the period from continuing operations 286.08 707.75
10 Profit (loss) from discontinuing operations before tax 0.00 0.00
11 Tax expense of discontinuing operations 0.00 0.00
12 Net profit (loss) from discontinuing operation after tax 0.00 0.00
13 Profit (loss) for period before minority interest 286.08 707.75
14 Share of profit (loss) of associates
15 Profit (loss) of minority interest
16 Net profit (Loss) for the period 286.08 707.75
17 Details of equity share capital
Paid-up equity share capital 1,728.76 1,728.76
Face value of equity share capital 10 10
18 Reserves excluding revaluation reserve 6,813.28
19 Earnings per equity share
Basic earnings (loss) per share from continuing and discontinued operations 1.65 4.09
Diluted earnings (loss) per share from continuing and discontinued operations 1.65 4.09
20 Debt equity ratio
21 Debt service coverage ratio
22 Interest service coverage ratio
23 Disclosure of notes on financial results


Remarks

20 Debt equity ratio
21 Debt service coverage ratio
22 Interest service coverage ratio


Cash flow statement — indirect

Amount in (Lakhs)

A Date of start of reporting period 01-04-2025
B Date of end of reporting period 31-03-2026
C Whether results are audited or unaudited Audited
D Nature of report standalone or consolidated Standalone
1 Statement of cash flows
Cash flows from used in operating activities
Profit before extraordinary items and tax 968.95
2 Adjustments for reconcile profit (loss)
Adjustments to profit (loss)
Adjustments for finance costs 14.27
Adjustments for depreciation and amortisation expense 201.14
Adjustments for impairment loss reversal of impairment loss recognised in profit or loss 0.00
Adjustments for unrealised foreign exchange losses gains 0.00
Adjustments for dividend income 0.00
Adjustments for share-based payments 0.00
Other adjustments for which cash effects are investing or financing cash flow 0.00
Other adjustments to reconcile profit (loss) 0.00
Other adjustments for non-cash items 0.00
Share of profit and loss from partnership firm or association of persons or limited liability partnerships 0.00
Total adjustments to profit (loss) 215.41
3 Adjustments for working capital
Adjustments for decrease (increase) in inventories (735.54)
Adjustments for decrease (increase) in trade receivables 569.88
Adjustments for decrease (increase) in other current assets (88.02)
Adjustments for increase (decrease) in trade payables 503.72
Adjustments for increase (decrease) in other current liabilities 57.78
Adjustments for provisions (24.10)
Total adjustments for working capital 283.72
Total adjustments for reconcile profit (loss) 499.13
Net cash flows from (used in) operations 1,468.08
Dividends received 0.00
Interest paid 0.00
Interest received 0.00
Income taxes paid (refund) 157.18
Other inflows (outflows) of cash (925.73)
Net cash flows from (used in) operating activities before extraordinary items 385.17
Proceeds from extraordinary items 0.00
Payment for extraordinary items 0.00
Net cash flows from (used in) operating activities 385.17
4 Cash flows from used in investing activities
Cash flows from losing control of subsidiaries or other businesses 0.00
Cash flows used in obtaining control of subsidiaries or other businesses 0.00
Other cash receipts from sales of equity or debt instruments of other entities 0.00
Other cash payments to acquire equity or debt instruments of other entities 6.00
Other cash receipts from sales of interests in joint ventures 0.00
Other cash payments to acquire interests in joint ventures 0.00
Cash receipts from share of profits of partnership firm or association of persons or limited liability partnerships 0.00
Cash payment for investment in partnership firm or association of persons or limited liability partnerships 0.00
Proceeds from sales of property plant and equipment 0.00
Purchase of property plant and equipment 264.19
Proceeds from sales of intangible assets 0.00
Purchase of intangible assets 0.00
Cash advances and loans made to other parties 0.00
Cash receipts from repayment of advances and loans made to other parties 0.00
Cash payments for future contracts, forward contracts, option contracts and swap contracts 0.00
Cash receipts from future contracts, forward contracts, option contracts and swap contracts 0.00
Dividends received 0.00
Interest received 247.23
Income taxes paid (refund) 0.00
Other inflows (outflows) of cash (257.06)
Proceeds from government grants 0.00
Net cash flows from (used in) investing activities before extraordinary items (280.02)
Proceeds from extraordinary items 0.00
Payment for extraordinary items 0.00
Net cash flows from (used in) investing activities (280.02)
Cash flows from used in financing activities
Proceeds from issuing shares 0.00
Proceeds from issuing other equity instruments 0.00
Proceeds from issuing debentures notes bonds etc 0.00
Proceeds from borrowings 0.00
Repayments of borrowings 201.20
Dividends paid 0.00
Interest paid 261.50
Income taxes paid (refund) 0.00
Other inflows (outflows) of cash 0.00
Net cash flows from (used in) financing activities before extraordinary items (462.70)
Proceeds from extraordinary items 0.00
Payment for extraordinary items 0.00
Net cash flows from (used in) financing activities (462.70)
Net increase (decrease) in cash and cash equivalents before effect of exchange rate changes (357.55)
6 Effect of exchange rate changes on cash and cash equivalents
Effect of exchange rate changes on cash and cash equivalents 0.00
Net increase (decrease) in cash and cash equivalents (357.55)
Cash and cash equivalents cash flow statement at beginning of period 2,024.85
Cash and cash equivalents cash flow statement at end of period 1,667.30


Statement of Asset and Liabilities

Amount in (Lakhs)

Particulars Year ended (dd-mm-yyyy)
Date of start of reporting period 01-04-2025
Date of end of reporting period 31-03-2026
Whether results are audited or unaudited Audited
Nature of report standalone or consolidated Standalone
Equity and liabilities
1 Shareholders' funds
Share capital 1,728.76
Reserves and surplus 6,813.28
Money received against share warrants 0.00
Total shareholders' funds 8,542.04
2 Share application money pending allotment 0.00
3 Deferred government grants 0.00
4 Minority interest
5 Non-current liabilities
Long-term borrowings 181.99
Deferred tax liabilities (net) 162.89
Foreign currency monetary item translation difference liability account 0.00
Other long-term liabilities
Total of Other long-term liabilities
Long-term provisions 0.00
Total non-current liabilities 344.88
6 Current liabilities
Short-term borrowings 1,447.95
Trade Payables
(A) Total outstanding dues of micro enterprises and small enterprises 10.68
(B) Total outstanding dues of creditors other than micro enterprises and small enterprises 1,169.85
Total Trade payable 1,180.53
Other current liabilities
1 Other Current Liabilities 250.18
Total of Other long-term liabilities 250.18
Short-term provisions 242.65
Total current liabilities 3,121.31
Total equity and liabilities 12,008.23
Assets
1 Non-current assets
i Property, Plant and Equipment and Intangible assets
Property, Plant and Equipment 2,648.53
Producing properties 0.00
Intangible assets 0.32
Preproducing properties 0.00
Property, Plant and Equipment capital work-in-progress 201.33
Intangible assets under development or work-in-progress 0.00
Total Property, Plant and Equipment and Intangible assets 2,850.18
ii Non-current investments 6.00
v Deferred tax assets (net) 0.00
vi Foreign currency monetary item translation difference asset account 0.00
vii Long-term loans and advances 0.00
Other non-current assets
1 Other non Current Assets 301.31
Total of Other non-current assets 301.31
Total non-current assets 3,157.49
Current assets
Current investments 0.00
Inventories 3,303.32
Trade receivables 2,003.77
Cash and cash equivalents 1,667.30
Bank balance other than cash and cash equivalents 0.00
Short-term loans and advances 1,762.52
Other current assets
1 Other Current Assets 113.83
Total of Other current assets 113.83
Total current assets 8,850.74
Total assets 12,008.23
Disclosure of notes on assets and liabilities Textual Information(1)


Text Block

Textual Information(1)


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 31-03-2026 31-03-2026
Whether results are audited or unaudited Audited Audited
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
Net Segment Asset
4 Segment Liabilities
Segment Liabilities
Total Segment Liabilities
Un-allocable Liabilities
Net Segment Liabilities
Disclosure of notes on segments




Details of Impact of Audit Qualification

Amount in (Lakhs)

Whether results are audited or unaudited Audited
Declaration of unmodified opinion or statement on impact of audit qualification Declaration of unmodified opinion
Auditor's 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 Yes
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 M/s. Kumar & Biju Associates LLP Yes 30-04-2027


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 Public Issues
Description of mode of fund raising (Applicable in case of others is selected)
Date of Raising Funds 24-12-2024
Amount Raised 4,176.00
Report filed for Quarter ended 31-03-2026
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 false
Comments of the Audit Committee after review false
Comments of the auditors, if any false
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 IT / Technological Upgradation ofexisting manufacturing facility NA 287.62 0.00 287.62 0.00
2 Expansion of the existing solarfacility for power generation NA 234.33 0.00 193.91 0.00
3 Funding of expenditure towards civilconstruction of new factory shed cumstorage facility within the existingfactory premises situated at Kerala NA 255.95 0.00 255.95 0.00
4 Advertising and Marketing for brandbuilding NA 505.55 0.00 505.55 0.00
5 Funding incremental working capitalrequirements of our Company NA 1,420.00 0.00 1,420.00 0.00
6 General Purpose NA 1,035.50 0.00 1,035.50 0.00
7 IPO expenses NA 437.05 0.00 428.99 0.00


Signatory Details

Name of signatory VARGHESE VAZHAPPILY DAVIS
Designation of person Managing Director
Place Thrissur
Date 27-05-2026


Amount in (Lakhs)

Format for Disclosure of Related Party Transactions (applicable only for half-yearly filings i.e., 2nd and 4th quarter)

Sr No. Additional disclosure of related party transactions - applicable only in case the related party transaction relates to loans, inter-corporate deposits, advances or investments made or given by the listed entity/subsidiary. These details need to be disclosed only once, during the reporting period when such transaction was undertaken.
Details of the party (listed entity /subsidiary) entering into the transaction Details of the counterparty Type of related party transaction Details of other related party transaction Value of the related party transaction as approved by the audit committee Remarks on approval by audit committee Value of the related party transaction ratified by the audit committee Date of Audit Committee Meeting where the ratification was approved Value of transaction during the reporting period In case monies are due to either party as a result of the transaction In case any financial indebtedness is incurred to make or give loans, inter-corporate deposits, advances or investments Details of the loans, inter-corporate deposits, advances or investments Notes
Name PAN Name PAN Relationship of the counterparty with the listed entity or its subsidiary Opening balance Closing balance Nature of indebtedness (loan/ issuance of debt/ any other etc.) Details of other indebtedness Cost Tenure Nature (loan/ advance/ intercorporate deposit/ investment ) Interest Rate (%) Tenure Secured/ unsecured Purpose for which the funds will be utilised by the ultimate recipient of funds (endusage)
1 Newmalayalam Steel Limited V D Varghese Managing Director Remuneration NA 12.00 0.00 0.00
2 Newmalayalam Steel Limited Mahendra Kumar Jain Chairman Remuneration NA 12.00 0.00 0.00
3 Newmalayalam Steel Limited Divya Kumar Jain Director Remuneration NA 12.00 0.00 0.00
4 Newmalayalam Steel Limited Molly Varghese Director Remuneration NA 12.00 0.00 0.00
5 Newmalayalam Steel Limited Cyriac Varghese Director Remuneration NA 7.00 0.00 0.00
6 Newmalayalam Steel Limited Shravan Kannan Dev Company Secretary Remuneration NA 1.50 0.00 0.00
7 Newmalayalam Steel Limited Molly Varghese Director Any other transaction Interest on Loan NA 10.35 0.00 0.00
8 Newmalayalam Steel Limited Jaihind Steel Private limited Group Company Purchase of goods or services NA 3,468.48 247.03 0.00
9 Newmalayalam Steel Limited Jaihind Tubes Private Limited Group Company Purchase of goods or services NA 64.91 20.45 0.00
10 Newmalayalam Steel Limited Jaihind Steel Private limited Group Company Any other transaction Loan Given NA 400.00 0.00 0.00
11 Newmalayalam Steel Limited Jaihind Steel Private limited Group Company Any other transaction Loan Repayment Received NA 200.00 0.00 0.00
12 Newmalayalam Steel Limited Jaihind Steel Private limited Group Company Any other transaction Advertisement NA 4.54 0.00 0.00
13 Newmalayalam Steel Limited Jaihind Steel Private limited Group Company Any other transaction Transportation and handling charges NA 0.50 0.00 0.00
14 Newmalayalam Steel Limited Jaihind Steel Private limited Group Company Sale of goods or services NA 3,338.00 133.18 0.00
15 Newmalayalam Steel Limited Jaihind Tubes Private Limited Group Company Sale of goods or services NA 214.78 0.00 0.00
16 Newmalayalam Steel Limited Demac Industries Limited Group Company Sale of goods or services NA 0.71 0.00 0.00
17 Newmalayalam Steel Limited Molly Varghese Director Any other transaction Rent NA 0.30 0.00 0.00
18 Newmalayalam Steel Limited VD Varghese Managing Director Any other transaction Rent NA 0.30 0.00 0.00
19 Newmalayalam Steel Limited Molly Varghese Director Any other transaction Loan Received NA 0.00 0.00 0.00
20 Newmalayalam Steel Limited Demac Industries Limited Group Company Interest received NA 27.62 0.00 0.00
21 Newmalayalam Steel Limited Jaihind Tubes Private Limited Group Company Any other transaction Loan Given NA 0.00 0.00 0.00
22 Newmalayalam Steel Limited Jaihind Tubes Private Limited Group Company Any other transaction Loan repayment received NA 500.00 0.00 0.00
23 Newmalayalam Steel Limited Jaihind Tubes Private Limited Group Company Interest received NA 15.68 0.00 0.00
24 Newmalayalam Steel Limited Demac Industries Limited Group Company Any other transaction Loan Given NA 420.10 0.00 0.00
25 Newmalayalam Steel Limited Demac Industries Limited Group Company Any other transaction Loan Repayment received NA 475.00 0.00 0.00
26 Newmalayalam Steel Limited Jaihind Foundation Group Company Any other transaction CSR Contribution NA 13.17 0.00 0.00
27 Newmalayalam Steel Limited Prime NMS Private Limited Subsidiary Company Investment NA 6.00 0.00 0.00
Total value of transaction during the reporting period 9,216.94