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Earnings · Cement · Micro cap

Srichakra Cement narrows losses as revenue climbs 20%

Annual losses dropped to ₹22.91 cr, but the firm remains deep in the red with a negative net worth of ₹33.71 cr.

1 earlier story on Srichakra Cement Ltd.
Mkt cap₹38.08 cr
₹22.91 cr Standalone net loss for FY26, down from ₹56.83 cr in FY25.

What's new

  • Revenue reached ₹128.55 cr, marking a 20% increase.
  • Operating cash flow moved into positive territory.
  • The auditor flagged FPPCA liability accounting and unpaid MSME interest.

Why this matters

Narrower losses and positive cash flow are positive signs. But the negative net worth of ₹33.71 cr remains a heavy anchor.

What we're watching

  • Resolution of the auditor-flagged MSME interest payments.
  • Sustainability of operating cash flow without eroding further equity.
  • Any formal plan to address the FPPCA liability accounting.

The full read

Srichakra Cement closed FY26 with a net loss of ₹22.91 crore, an improvement from the ₹56.83 crore loss recorded in FY25. Revenue climbed 20% to ₹128.55 crore, and the company finally generated positive operating cash flow.

Survival is the primary challenge.

The company carries a negative net worth of ₹33.71 crore, meaning its past losses have completely wiped out shareholder equity. The auditor provided an unmodified report but included warnings regarding how the company accounts for FPPCA liabilities and whether it can settle unpaid interest owed to MSME suppliers. For a nano-cap firm, these figures map a slow path toward stability rather than a swift turnaround. The core concern is the debt load and the structural difficulty of rebuilding a balance sheet that is currently underwater. The path forward is fragile.

Mentioned: Srichakra Cement · FPPCA · MSME
Primary source BSE · NSE · Tijori

An independent reading of the company's own disclosure — the primary filing above is the final word.

Company snapshot

Srichakra Cement Ltd.

Cement
₹45 cr

Latest quarter · Mar 2026

Sales₹30 cr
Net profit−₹2 cr
Op. margin−39.3%
EPS−₹2.15

Strength & growth

Debt / equity-5.58×
Current ratio0.44×
Sales CAGR−4.5%
Financials via Tijori — a research aid, not investment advice.SRICC on Tijori

Story so far

All notes on SRICC →
  1. 22 May 2026 · 11:41 PM IST Srichakra Cement narrows losses as revenue climbs 20%
  2. 57d ago Srichakra Cement clears routine audit and board appointments