SMT Engineering Ltd

SMT Engineering Limited, formerly known as Adarsh Mercantile Limited, will hold its Annual General Meeting via video conferencing on September 30, 2026, at 12:30 PM (IST), according to a regulatory filing with the BSE Limited. The company’s register of members and share transfer books will be closed from September 24, 2026, to September 30, 2026, both days inclusive, for the AGM.

SMT Engineering Limited will seek board approval on September 3, 2026, to raise funds through the issuance of instruments including equity shares, warrants, or other securities via preferential issue, private placement, or a combination thereof, according to a regulatory filing on August 31, 2026.

SMT Engineering Ltd share price declined by 4.99% to Rs 444.55 after the company's net profit plunged by 68.41% to Rs 3.81 crore, while revenue from operations dropped sharply 58.26% to Rs 30.93 crore in Q2FY26 over Q1FY26. The market capitalization of Trading & Distributors industry group stocks on BSE stood at Rs 49691.37 crore, advancing by 13.21%. It has eased by 1.11% over last one week and rallied by 24.51% in last one month while the market capitalization of SMT Engineering Ltd has softened by 9.60% and 14.81% in the same period respectively. Profit before tax (PBT) of SMT Engineering Ltd stood at Rs 4.95 crore in Q2 FY26, rallying 58.65% year-on-year, and crashing by 74.99% quarter-on-quarter. EBITDA came in at Rs 5 crore, surging by 51.45% YoY and plunging by 75.90% sequentially. Total expenses slumped by 51.81% to Rs 26.31 crore in Q2FY26 over Q2FY25. During the quarter, cost of materials consumed stood at Rs 24.4 crore, slumping by 49.05% YoY, while employee benefits expense was at Rs 3.52 crore, tanking by 16.78% YoY. For the TTM ended FY26, revenue from operations jumped by 721.09% to Rs 21.02 crore, while net profit witnessed a sharp fall of 235.06% to Rs 2.35 crore, compared to previous TTM. EBITDA tumbled by 408% to Rs 2.49 crore, and PBT collapsed by 245.16% to Rs 2.7 crore compared to previous TTM. The company's consolidated net cash flow from operating activities stood at Rs 8.71 crore in FY26, as against Rs 8.21 crore in FY25. SMT Engineering Ltd surged by 1264.49% in last one year, significantly outperforming the benchmark BSE Sensex which has slipped by 2.83% during the same period.

SMT Engineering Limited will hold a board meeting on Thursday, August 13, 2026, to consider and approve the unaudited standalone and consolidated financial results for the quarter ended June 30, 2026, along with the limited review reports, according to a regulatory filing. The company, formerly known as Adarsh Mercantile Limited, also announced a trading window closure for connected persons, officers, designated employees, insiders, directors, and their immediate relatives until 48 hours after the board meeting’s outcome.

Net profit of SMT Engineering rose 455.76% to Rs 12.06 crore in the quarter ended March 2026 as against Rs 2.17 crore during the previous quarter ended March 2025. Sales rose 268.84% to Rs 74.10 crore in the quarter ended March 2026 as against Rs 20.09 crore during the previous quarter ended March 2025. For the full year,net profit rose 834.41% to Rs 23.08 crore in the year ended March 2026 as against Rs 2.47 crore during the previous year ended March 2025. Sales rose 671.84% to Rs 162.24 crore in the year ended March 2026 as against Rs 21.02 crore during the previous year ended March 2025. ParticularsQuarter EndedYear EndedMar. 2026Mar. 2025% Var.Mar. 2026Mar. 2025% Var. Sales74.1020.09 269 162.2421.02 672 OPM %28.4113.79 -24.9612.51 - PBDT20.112.48 711 36.632.66 1277 PBT19.792.47 701 35.612.65 1244 NP12.062.17 456 23.082.47 834 Powered by Capital Market - Live

SMT Engineering will hold a meeting of the Board of Directors of the Company on 29 May 2026.

Net profit of SMT Engineering rose 5700.00% to Rs 2.32 crore in the quarter ended December 2025 as against Rs 0.04 crore during the previous quarter ended December 2024. Sales rose 7164.86% to Rs 26.88 crore in the quarter ended December 2025 as against Rs 0.37 crore during the previous quarter ended December 2024. ParticularsQuarter EndedDec. 2025Dec. 2024% Var. Sales26.880.37 7165 OPM %22.06-13.51 - PBDT4.370.05 8640 PBT4.120.05 8140 NP2.320.04 5700 Powered by Capital Market - Live

SMT Engineering will hold a meeting of the Board of Directors of the Company on 12 February 2026.Powered by Capital Market - Live

SMT Engineering announced that an Extra Ordinary General Meeting (EGM) of the Company will be held on 6 January 2026.Powered by Capital Market - Live

Net profit of SMT Engineering rose 4133.33% to Rs 6.35 crore in the quarter ended September 2025 as against Rs 0.15 crore during the previous quarter ended September 2024. Sales rose 30927.27% to Rs 34.13 crore in the quarter ended September 2025 as against Rs 0.11 crore during the previous quarter ended September 2024. ParticularsQuarter EndedSep. 2025Sep. 2024% Var. Sales34.130.11 30927 OPM %28.19-90.91 - PBDT8.810.09 9689 PBT8.580.09 9433 NP6.350.15 4133 Powered by Capital Market - Live