Springform goes from ₹14 lakh revenue to ₹140 cr after Inertia deal
First full-year consolidated results show the acquisition delivered. Revenue jumped from ₹13.8 lakh to ₹14,018.54 lakhs; profit swung to ₹124.10 lakhs.
What's new
- FY26 consolidated revenue hit ₹14,018.54 lakhs, up from ₹13.8 lakhs the prior year after buying Inertia Aluminium.
- Net profit swung to ₹124.10 lakhs from a loss of ₹100.52 lakhs in FY25.
- Board approved a name change to Inertia Alu Tech or Inertia Alu Roll, subject to shareholder and regulatory clearances.
Why this matters
The numbers confirm the acquisition wasn't just a deal on paper. Springform's old business was negligible; the new one delivered ₹14,018.54 lakhs in revenue and a small profit. The proposed name change signals management intends to shed the Springform identity entirely.
What we're watching
- Whether shareholders approve the name change at the next meeting.
- Inertia Aluminium's standalone profitability, not just its contribution to consolidated results.
- Springform's plan for any legacy operations or liabilities.
The full read
Springform Technology's old business generated ₹13.8 lakhs in revenue. Its new one generated ₹14,018.54 lakhs. The first full consolidated results since the July 2025 acquisition of Inertia Aluminium show a near-total operational shift. Net profit swung to ₹124.10 lakhs from a loss of ₹100.52 lakhs. The board is now moving to formally change the company's name to either Inertia Alu Tech or Inertia Alu Roll, pending shareholder and regulatory approvals. The filings provide the first concrete look at Inertia's scale and profitability within the listed entity. Springform as a brand is effectively over.
Questions answered
- Why did revenue jump from ₹13.8 lakhs to over ₹140 crore?
- The jump is almost entirely due to Springform's July 2025 acquisition of Inertia Aluminium. The ₹13.8 lakh figure was from Springform's old business. The FY26 result is the first full year consolidating Inertia's operations.
- What does the name change signal?
- It signals management's intent to fully rebrand around the aluminium processing business. The change to either 'Inertia Alu Tech' or 'Inertia Alu Roll' is pending approvals from shareholders, the Ministry of Corporate Affairs, and the Registrar of Companies.
- How profitable is the combined business?
- Springform posted a consolidated net profit of ₹124.10 lakhs for FY26. This reverses a net loss of ₹100.52 lakhs in FY25, before the acquisition.