Sambandam Spinning Mills Ltd

Sambandam Spinning Mills Limited held its 52nd Annual General Meeting on Friday, September 18, 2026, attended by 34 members including promoter and promoter group directors, according to a filing with the Bombay Stock Exchange. During the meeting, Chairman addressed shareholders on the company’s performance and outlook, while Company Secretary S. Natarajan briefed shareholders on the e-voting process which began on September 13, 2026, and will be followed by the declaration of results within two working days.

Sambandam Spinning Mills Limited informed the Bombay Stock Exchange on September 18, 2026, that S.Bhaskaran was reappointed by the board of directors on August 13, 2026, for a second term of 3 years, and TCA Srinivasa Prasad, S.Prakash, and Dr.V.Sekar were appointed as Non-Executive Independent Directors for a term of three years at the company’s 52nd Annual General Meeting held on September 18, 2026, while D. Balasundaram completed his tenure.

Sambandam Spinning Mills Limited announced the reappointment of S.Bhaskaran as a director for a second term of 3 years, effective August 14, 2026, at its 52nd Annual General Meeting held on September 18, 2026. Additionally, TCA Srinivasa Prasad, S.Prakash, and Dr. V. Sekar were appointed as Non-Executive Independent Directors for a term of three years, also effective from the conclusion of the September 18, 2026 AGM, while D. Balasundaram completed his tenure as a Non-Executive Independent Director at the same meeting.

Sambandam Spinning Mills Limited held its 52nd Annual General Meeting on Friday, September 18, 2026, attended by 34 members including promoter and promoter group directors, according to a filing with the Bombay Stock Exchange. During the meeting, Chairman addressed shareholders on the company’s performance and outlook, while Company Secretary S. Natarajan briefed members on the e-voting process which began on September 13, 2026, and will be followed by the declaration of results within two working days.

Minal Industries Ltd, Mysore Petro Chemicals Ltd, Bharat Global Developers Ltd and KJMC Financial Services Ltd are among the other gainers in the BSE's 'B' group today, 20 August 2026.Sambandam Spinning Mills Ltd spiked 20.00% to Rs 126 at 12:03 IST. The stock was the biggest gainer in the BSE's 'B' group. On the BSE, 5092 shares were traded on the counter so far as against the average daily volumes of 412 shares in the past one month. Minal Industries Ltd soared 20.00% to Rs 2.64. The stock was the second biggest gainer in 'B' group. On the BSE, 81622 shares were traded on the counter so far as against the average daily volumes of 12608 shares in the past one month. Mysore Petro Chemicals Ltd surged 20.00% to Rs 165.97. The stock was the third biggest gainer in 'B' group. On the BSE, 1.01 lakh shares were traded on the counter so far as against the average daily volumes of 5477 shares in the past one month. Bharat Global Developers Ltd advanced 20.00% to Rs 103.15. The stock was the fourth biggest gainer in 'B' group. On the BSE, 1.34 lakh shares were traded on the counter so far as against the average daily volumes of 8785 shares in the past one month. KJMC Financial Services Ltd jumped 20.00% to Rs 71.77. The stock was the fifth biggest gainer in 'B' group. On the BSE, 5002 shares were traded on the counter so far as against the average daily volumes of 1269 shares in the past one month.

Sambandam Spinning Mills Ltd share price remained flat to Rs 103.0 after the company's net profit plunged by 112.84% to Rs 0.38 crore, while revenue from operations reduced 11.70% to Rs 59.98 crore in Q2FY26 over Q1FY26. The market capitalization of Other Textile Products industry group stocks on BSE stood at Rs 1.65 lakh crore, easing 2.73%. It has eased by 1.66% over last one week and heading higher by 14.65% in last one month while the market capitalization of Sambandam Spinning Mills Ltd has marginally improved by 1.74% and 12.52% in the same period respectively. Profit before tax (PBT) of Sambandam Spinning Mills Ltd stood at Rs 0.5 crore in Q2 FY26, surging by 51.52% year-on-year, and tanking 113.44% quarter-on-quarter. EBITDA came in at Rs 5 crore, declining 3.09% YoY and nosediving by 1827.59% sequentially. Total expenses fell by 18.40% to Rs 56.72 crore in Q2FY26 over Q2FY25. During the quarter, cost of materials consumed stood at Rs 47.17 crore, growing marginally by 5.64% YoY, while employee benefits expense was at Rs 8.19 crore, dropping 7.35% YoY. For the TTM ended FY26, revenue from operations witnessed a strong growth of 23.11% to Rs 268.48 crore, while net profit softened by 6.37% to Rs 7.35 crore, compared to previous TTM. EBITDA tumbled by 233% to Rs 8.2 crore, and PBT slipped by 9.68% to Rs 10.08 crore compared to previous TTM. The company's consolidated net cash flow from operating activities stood at Rs 16.79 crore in FY26, as against Rs 25.55 crore in FY25. Sambandam Spinning Mills Ltd nosedived by 18.51% in last one year, underperforming the benchmark BSE Sensex which has slipped by 2.83% during the same period.

Sambandam Spinning Mills Limited will hold a board meeting on August 13, 2026, at its Mill Premises in Kamaraj Nagar Colony, Salem, to approve the unaudited, limited review standalone and consolidated financial results for the quarter ended June 30, 2026, as per SEBI regulations. The company’s trading window will remain closed for specified persons until 48 hours after the quarterly results are declared.

Net loss of Sambandam Spinning Mills reported to Rs 2.96 crore in the quarter ended March 2026 as against net profit of Rs 0.20 crore during the previous quarter ended March 2025. Sales rose 3.88% to Rs 67.93 crore in the quarter ended March 2026 as against Rs 65.39 crore during the previous quarter ended March 2025. For the full year,net loss reported to Rs 5.67 crore in the year ended March 2026 as against net loss of Rs 7.35 crore during the previous year ended March 2025. Sales declined 1.80% to Rs 263.66 crore in the year ended March 2026 as against Rs 268.48 crore during the previous year ended March 2025. ParticularsQuarter EndedYear EndedMar. 2026Mar. 2025% Var.Mar. 2026Mar. 2025% Var. Sales67.9365.39 4 263.66268.48 -2 OPM %0.886.99 -4.373.46 - PBDT-1.532.20 PL 1.48-1.03 LP PBT-3.720.26 PL -7.39-10.48 29 NP-2.960.20 PL -5.67-7.35 23 Powered by Capital Market - Live

Sambandam Spinning Mills will hold a meeting of the Board of Directors of the Company on 23 May 2026.

Sambandam Spinning Mills will hold a meeting of the Board of Directors of the Company on 14 February 2026.Powered by Capital Market - Live