Sigachi posts ₹82.8 cr loss as fire charge dominates FY26
A ₹118.2 cr exceptional charge from the June 2025 factory fire drove a consolidated net loss of ₹82.8 cr. Revenue slipped 2% to ₹477.8 cr.
— 1 earlier story on Sigachi Industries Ltd. →What's new
- Audited FY26 results confirm a consolidated net loss of ₹82.8 cr.
- A ₹118.2 cr exceptional charge from the fire drove the full-year loss.
- Revenue fell 2% to ₹477.8 cr; Hyderabad plant still not fully operational.
Why this matters
The audited numbers convert a series of quarterly disclosures into a final, locked-in annual loss. The fire's financial toll is now a permanent line item. The plant's ongoing operational gap means the revenue shortfall could extend into FY27.
What we're watching
- Timeline for a full restart of the Hyderabad plant.
- Any revised capital-expenditure guidance for rebuilding.
- Whether the exceptional charge line is truly contained or will recur.
The full read
Sigachi's FY26 audited results are a rearview mirror on a catastrophe. The ₹118.2 crore exceptional charge from the fire that killed 54 workers dominates the P&L, driving a consolidated net loss of ₹82.8 crore. Revenue fell 2% to ₹477.8 crore. The Hyderabad plant is still not back. Standalone revenue dropped 7% to ₹379 crore, a steeper decline that shows where the operational pain is concentrated. The market knew the loss was coming. These audited figures now make it official. The plant remains offline. The operational hole persists. The board's ₹0.10 per share dividend is a pittance.
Questions answered
- What was the primary driver of Sigachi's FY26 loss?
- The loss stems from a ₹118.2 crore exceptional charge linked to the June 2025 factory fire. This single charge overwhelmed the company's revenue base, swinging the consolidated result to a net loss of ₹82.8 crore.
- How did the fire affect the company's top line?
- Consolidated revenue slipped 2% to ₹477.8 crore as the company struggled to restart production at alternative facilities. Standalone revenue fell a steeper 7% to ₹379 crore, showing the core entity was hit harder.
- What do the audited numbers add that the quarterly updates did not?
- The quarterly updates flagged the anticipated loss. This filing provides the final, audited confirmation of the full-year damage, locking the ₹118.2 crore charge and the ₹82.8 crore net loss into the annual financial statements.
- What is the status of the dividend?
- The board recommended a final dividend of 10 paise (₹0.10) per share. This is a nominal gesture against the scale of the annual loss and the ongoing operational disruption.
Story so far
All notes on SIGACHI →- 30 May 2026 · 4:03 PM IST Sigachi posts ₹82.8 cr loss as fire charge dominates FY26
- today Sigachi pushes Hyderabad recovery and Dahej CCS plant back by a year