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SPRINGFORM TECHNOLOGY LIMITED Interim / Quarterly Report 2026
59163_rns_2026-05-30_1f288c97-824a-448d-ba61-23303abade18.pdf
Interim / Quarterly Report
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SPRINGFORM TECHNOLOGY LIMITED
Regd. Office.: 2/70, Block- 2, 3rd Floor, WHS Kirti Nagar, New Delhi- 110015
Tel.:011-46033945
E-mail: [email protected], Website: www.springformtech.com
CIN: L24319DL1979PLC460204
To,
The General Manager (Listing)
Department of Corporate Services,
BSE Limited
25th Floor, Phiroze Jeejeeboy Towers,
Dalal Street,
Mumbai- 400 001
Scrip Code: 501479
Sub: Outcome of Board Meeting and Intimation under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
Dear Sir/ Ma’am,
Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirement) Regulations, 2015, we hereby inform you that the Board of Directors in their meeting held today, i.e. 30th May, 2026 at the Registered Office situated at 2/70, Block- 2, 3rd Floor, WHS, Kirti Nagar, New Delhi-110015, which commenced at 5:00 P.M. and concluded at 5:40 P.M. had, inter-alia, considered and approved the following:
- Audited Standalone and Consolidated Financial Results of the Company for the Quarter and Financial Year ended on 31st March, 2026 along with the Statement of Assets and Liabilities and Audit Report issued by the Statutory Auditor of the Company.
The Declaration from the Company that the Report of the Statutory Auditor is with Unmodified Opinion with respect to Audited Financial Statement for the year ended on 31st March, 2026 is attached herewith.
- Considered and approved the Change of the Name of the Company, if approved by the ROC, CRC & MCA and consequent Alteration in the Memorandum of Association and Article of Association of the Company.
The change of Name of the Company from “Springform Technology Limited” to “Inertia Alu Tech Limited or Inertia Alu Roll Limited”, only on receipt of approval from the Registrar of Companies (ROC), Central Registration Centre (CRC) and Ministry of Corporate Affairs (MCA) and consequent Alteration of the relevant clauses i.e. Clause I of Memorandum of Association (MoA) and Article of Association (AoA) of the Company, subject to the further approval by the Shareholders as per the Provisions of the Companies Act, 2013 and SEBI (Listing Obligations and Disclosure Requirement) Regulations, 2015.
Request you to take the same on your records.
Thanking you,
Yours faithfully,
For Springform Technology Limited
PARAMJEET SINGH
CHHABRA
Digitally signed by PARAMJEET
SINGH CHHABRA
Date: 2026.05.30 17:55:49 +05'30'
Paramjeet Singh Chhabra
(Managing Director)
DIN: 00153183
Date: 30.05.2026
Place: New Delhi
SPRINGFORM TECHNOLOGY LIMITED
Registered office : 5B, Dudhia Industrial Estate, 2nd Floor, Opp. S. V. Road, Dahisar East, Mumbai- 400068.
CIN: L24319DL1979PLC460204
STATEMENT OF STANDALONE FINANCIAL RESULTS FOR THE YEAR/QUARTER ENDED MARCH 31, 2026
(Rupees in Lakhs)
| Sr no | Particulars | Quarter ended | Quarter ended | Quarter ended | Year ended | Year ended |
|---|---|---|---|---|---|---|
| March 31, 2026 | Dec. 31, 2025 | March 31, 2025 | March 31, 2026 | March 31, 2025 | ||
| Audited) | (Unaudited) | (Unaudited) | (Audited) | (Audited) | ||
| 1. | Revenue from operations | - | - | - | - | 13.80 |
| (a) Revenue from operations | - | - | - | - | 0.42 | |
| (b) Other income | 30.90 | 5.25 | - | 36.15 | 14.22 | |
| Total Income | 30.90 | 5.25 | - | 36.15 | 14.22 | |
| 2. | Expenses | |||||
| (a) Cost of raw materials consumed | - | - | - | - | - | |
| (b) Changes in inventories | - | - | 9.00 | - | 9.00 | |
| (c) Employee benefits expense | 4.40 | 4.39 | 3.31 | 17.56 | 54.40 | |
| (d) Finance costs | 18.99 | 5.48 | 0.03 | 24.47 | 0.44 | |
| (e) Depreciation expense | - | - | - | - | 1.25 | |
| (f) Other expenses | 3.77 | 3.31 | 1.68 | 26.23 | 49.65 | |
| Total Expenses | 27.15 | 13.18 | 14.02 | 68.25 | 114.74 | |
| 3. | Profit before tax (1-2) | 3.75 | -7.93 | -14.02 | -32.11 | -100.52 |
| 4. | Tax expense | |||||
| (a) Current tax | - | - | - | - | - | |
| (b) Tax expense relating to prior years | - | - | - | - | - | |
| (c) Deferred tax charge / (credit) | 1.70 | 0.69 | - | -4.64 | - | |
| Total tax expense | 1.70 | 0.69 | - | -4.64 | - | |
| 5. | Net profit for the period (3-4) | 2.05 | -8.63 | -14.02 | -27.47 | -100.52 |
| 6. | Other comprehensive income | |||||
| (1) Items that will be reclassified to Profit / (Loss) | - | - | - | - | - | |
| (2) Items that will not be reclassified subsequently to Profit | - | - | - | - | - | |
| Total other comprehensive income/(loss) | - | - | - | - | - | |
| 7. | Total comprehensive income for the period (5+6) | 2.05 | -8.63 | -14.02 | -27.47 | -100.52 |
| 8. | Net profit for the period attributable to: | |||||
| - Equity holders of the parent | ||||||
| - Non-Controlling Interest | ||||||
| Total net profit for the period | 2.05 | -8.63 | -14.02 | -27.47 | -100.52 | |
| Other comprehensive income for the period | ||||||
| 9. | Paid up equity share capital (Face value of Rs 10 each) | 1,010.00 | 1,010.00 | 5.00 | 1,010.00 | 5.00 |
| Reserves excluding Revaluation Reserve | -34.60 | -34.60 | -7.13 | -34.60 | -7.13 | |
| 10. | Earnings per share (EPS) (Rupees per share) not annualised for | |||||
| (1) Basic EPS | 0.02 | -3.69 | -28.04 | -1.03 | -201.04 | |
| (2) Diluted EPS | 0.02 | -3.69 | -28.04 | -1.03 | -201.04 |
Notes :
The above unaudited standalone financial results of the Company for the quarter ended March 31, 2026 have been prepared in accordance with the recognition and measurement principles laid down in the applicable Indian Accounting Standards ('Ind AS') as prescribed under section 133 of the Companies Act 2013, as amended, read with relevant rules thereunder and in terms of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015. These standalone financial results for the quarter ended March 31, 2026 have been reviewed by the Audit Committee and then approved by the Board of Directors of the Company at their meetings held on May 30, 2026.
Previous quarter/year items are regrouped or reclassified in line with the current quarter/year presentation, if any.
For and on behalf of the Board
Springform Technology Limited
PARAMJEET
SINGH CHHABRA
Digitally signed by PARAMJEET
SINGH CHHABRA
Date: 2026.05.30 17:58:36 +05'30'
Paramjeet Singh Chhabra
Maniging Director
DIN: 00153183
Place : NEW DELHI
Date:30.05.2026
Registered office : 5B, Dudhia Industrial Estate, 2nd Floor, Opp. S. V. Road, Dahisar East, Mumbai- 400068.
Ph :0120-4235559, Email:[email protected]; Website :www.ems.co.in
STANDALONE BALANCE SHEET AS AT 31st MARCH, 2026
(Rupees in Lakhs)
| Particulars | As at 31st March, 2026 | As at 31st March, 2025 | |
|---|---|---|---|
| Audited | Audited | ||
| I. | ASSETS | ||
| 1 | Non - current assets | ||
| (a) Property, Plant and Equipment | |||
| (b) Capital Work In Progress | |||
| (c) Right of Use Asset | |||
| (d) Intangible Assets | |||
| (e) Investment Property | |||
| (f) Financial assets | |||
| (i) Investments | 926.00 | - | |
| (ii) Trade Receivables | |||
| (iii) Other financial assets | |||
| (g) Other Non Current Assets | |||
| (h) Deferred tax assets (net) | 4.64 | ||
| (i) Income tax assets (net) | 4.11 | ||
| 2 | Current assets | ||
| (a) Inventories | |||
| (b) Financial assets | |||
| (i) Investments | 13.50 | 0.92 | |
| (ii) Trade receivables | 4.27 | 0.01 | |
| (iii) Cash and cash equivalents | - | 6.31 | |
| (iv) Bank balances other than cash and cash equivalents | - | - | |
| (v) Other Financial Assets | 581.97 | - | |
| (c) Other current assets | 2.53 | 2.74 | |
| Total Assets | 1,537.02 | 9.98 | |
| II. | EQUITY AND LIABILITIES | ||
| 1 | Equity | ||
| (a) Equity Share capital | 1,010.00 | 5.00 | |
| (b) Other equity | (34.60) | (7.13) | |
| Total Equity | |||
| 2 | Liabilities | ||
| Non - current liabilities | |||
| (a) Financial liabilities | |||
| (i) Borrowings | |||
| (ii) Lease Liability | |||
| (iii) Other Financial Liabilities | |||
| 3 | Current liabilities | ||
| (a) Financial liabilities | |||
| (i) Borrowings | 555.89 | 10.00 | |
| (ii) Lease Liability | |||
| (iii) Trade payables | |||
| Total outstanding dues of micro enterprises and small enterprises | |||
| Total outstanding dues of creditors other than micro enterprises and small enterprises | 0.89 | 0.72 | |
| (iv) Other financial liabilities | 2.07 | ||
| (b) Provisions | - | 1.39 | |
| (c) Other current liabilities | 2.78 | ||
| (d) Current tax liabilities (net) | |||
| Total Equity and Liabilities | 1,537.02 | 9.98 | |
For and on behalf of the Board
Springform Technology Limited
PARAMJEET
SINGH
CHHABRA
Digitally signed by
PARAMJEET SINGH
CHHABRA
Date:2026.05.30 17:58:51
+05'30'
Paramjeet Singh Chhabra
Maniging Director
DIN: 00153183
Place: NEW DELHI
Date:30.05.2026
SPRINGFORM TECHNOLOGY LIMITED
Statement of Cash flows for the year ended March 31, 2026
| Particulars | Year ended March 31, 2026 | Year ended March 31, 2025 |
|---|---|---|
| (A) Cashflows from operating activities | Audited | Audited |
| Profit before tax | (32.11) | (100.52) |
| Depreciation and amortiation | - | 1.25 |
| Finance cost | - | 0.44 |
| Loss/(Profit) on disposal/writeoff of tangible assets (Net) | - | 3.77 |
| Interest received | - | (0.42) |
| Operating cash flow before working capital changes | (32.11) | (95.48) |
| Adjustment for changes in working capital: | ||
| Decrease/(Increase) in other assets | 0.21 | 28.94 |
| Decrease/(Increase) in trade recieveble | (12.58) | 40.20 |
| Decrease/(Increase) in other financial assets | (581.97) | |
| (Decrease) / Increase in trade payables | 0.17 | (0.45) |
| (Decrease) / Increase in other financial liability | 2.07 | |
| (Decrease) / Increase in other liability | 2.78 | |
| Increase / (Decrease) in provision | (1.39) | (6.93) |
| Cash generated from operations | (622.83) | (33.72) |
| Taxes paid (net of refunds) | (4.11) | (11.43) |
| Net cashflows from operating activities | (626.94) | (45.14) |
| (B) Cashflows from investing activities | ||
| (Increase)/Decrease in Deposite with bank | 6.31 | - |
| Interest received | - | 0.42 |
| Proceed from sale of tangible/Intangible assets | - | 1.12 |
| Investment made during the year | (926.00) | - |
| Net cashflows from investing activities | (919.69) | 1.53 |
| (C) Cashflows from financing activities | ||
| Borrowings, net | 545.89 | 10.00 |
| Share issued during the year | 1,005.00 | |
| Interest paid | (0.44) | |
| Net cashflows from financing activities | 1,550.89 | 9.56 |
| Net (decrease)/increase in cash and cash equivalents (A+B+C) | 4.26 | (34.05) |
| Cash and cash equivalents at the beginning of the year | 0.01 | 40.38 |
| Cash and cash equivalents at the end of the year | 4.27 | 6.32 |
| Total cash and cash equivalents | 4.27 | 6.32 |
Note: Cash Flow Statement has been prepared as per Indirect Method
For and on behalf of the Board
Springform Technology Limited
CIN: L24319DL1979PLC460204
PARAMJEET
Digitally signed by
PARAMJEET SINGH CHHABRA
Date: 2026.05.30 17:59:06
+05'30'
Paramjeet Singh Chhabra
Maniging Director
DIN: 00153183
Place : NEW DELHI
Date:30.05.2026
CA
AJAY K. KAPOOR & COMPANY CHARTERED ACCOUNTANTS
309, Shiva Tower, Opp. Chaudhary Cinema,
G.T. Road, Ghaziabad - 201001
(P): 0120-2863132, 0120-2863133, 0120-4123134
E-mail: [email protected]
INDEPENDENT AUDITOR'S REPORT
TO
THE BOARD OF DIRECTORS OF
SPRINGFORM TECHNOLOGY LIMITED
(Formerly Known as New Sagar Trading Company Limited)
REPORT ON THE STANDALONE FINANCIAL STATEMENTS
We have audited the standalone financial statements of SPRINGFORM TECHNOLOGY LIMITED (Formerly Known as New Sagar Trading Company Limited), (“the Company”), for the year ended 31st March 2026 and the notes thereon (hereinafter referred to as "the standalone financial results") attached herewith, being submitted by the Company pursuant to the requirements of Regulation 33 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended from time to time (hereinafter referred to as "the Listing Regulations"). The standalone financial results have been initiated by us for the purpose of identification.
In our opinion and to the best of our information and according to the explanations given to us these standalone financial results:
i. are presented in accordance with the requirements of Regulation 33 of the Listing Regulations in this regard; and
ii. give a true and fair view in conformity with the recognition and measurement principles laid down in the applicable Indian Accounting Standards and other accounting principles generally accepted in India of the net Loss for the year ended 31st March, 2026 and other financial information for the year ended 31st March 2026 and the standalone statement of assets and liabilities and the standalone statement of cash flows as at and for the year ended on that date.
BASIS OF OPINION
We conducted our audit in accordance with the Standards on Auditing (SAs) specified under Section 143(10) of the Companies Act, 2013, as amended from time to time (hereinafter referred to as "the Act"). Our responsibilities under those SAs are further described in the Auditor’s Responsibilities for the Audit of the Standalone Financial Statements section of our report. We are independent of the Company in accordance with the Code of Ethics issued by the Institute of
1
Chartered Accountants of India together with the ethical requirements that are relevant to our audit of the standalone financial statements under the provisions of the Act and the Rules thereunder, and we have fulfilled our other ethical responsibilities in accordance with these requirements and the Code of Ethics. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion on the standalone financial statements.
KEY AUDIT MATTERS
Key audit matters are those matters that, in our professional judgment, were of most significance in our audit of the consolidated financial statements of the current period. There are no such matters which are required to be addressed in the context of our audit of the consolidated financial statements as a whole, and in forming our opinion thereon, and we do not provide a separate opinion on these matters. We have determined that there is no key audit matter communicate in our report.
MANAGEMENT'S RESPONSIBILITY FOR THE STANDALONE FINANCIAL STATEMENTS
These standalone financial results have been prepared based on the standalone financial statements. The Company's Board of Directors are responsible for the preparation of these standalone financial results that give a true and fair view of the net Loss for the year ended 31st March, 2026 and other financial information of the Company in accordance with the recognition and measurement principles laid down in Indian Accounting Standard notified under section 133 of the Act read with relevant rules issued thereunder and other accounting principles generally accepted in India and in compliance with Regulation 33 of the Listing Regulations. This responsibility also includes maintenance of adequate accounting records in accordance with the provisions of the Act for safeguarding of the assets of the Company and for preventing and detecting frauds and other irregularities; selection and application of appropriate accounting policies; making judgments and estimates that are reasonable and prudent; and design, implementation and maintenance of adequate internal financial controls that were operating effectively for ensuring the accuracy and completeness of the accounting records, relevant to the preparation and presentation of the standalone financial results that give a true and fair view and are free from material misstatement, whether due to fraud or error.
In preparing the standalone financial statements, the Management and Board of Directors are responsible for assessing the Company's ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the Board of Directors either intends to liquidate the Company or to cease operations, or has no realistic alternative but to do so. The Board of Directors is also responsible for overseeing the Company's financial reporting process.
AUDITOR'S RESPONSIBILITY FOR THE AUDIT OF STANDALONE FINANCIAL STATEMENT.
Our objectives are to obtain reasonable assurance about whether the standalone financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue an auditor's report that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with SAs will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to
1
influence the economic decisions of users taken on the basis of these standalone financial statements.
As part of an audit in accordance with SAs, we exercise professional judgment and maintain professional skepticism throughout the audit. We also:
- Identify and assess the risks of material misstatement of the standalone financial statements, whether due to fraud or error, design and perform audit procedures responsive to those risks, and obtain audit evidence that is sufficient and appropriate to provide a basis for our opinion. The risk of not detecting a material misstatement resulting from fraud is higher than for one resulting from error, as fraud may involve collusion, forgery, intentional omissions, misrepresentations, or the override of internal control.
- Obtain an understanding of internal financial control relevant to the audit in order to design audit procedures that are appropriate in the circumstances. Under section 143(3)(i) of the Act, we are also responsible for expressing our opinion on whether the Company has adequate internal financial controls system in place and the operating effectiveness of such controls.
- Evaluate the appropriateness of accounting policies used and the reasonableness of accounting estimates and related disclosures made by the management.
- Conclude on the appropriateness of management’s use of the going concern basis of accounting and, based on the audit evidence obtained, whether a material uncertainty exists related to events or conditions that may cast significant doubt on the Company’s ability to continue as a going concern. If we conclude that a material uncertainty exists, we are required to draw attention in our auditor’s report to the related disclosures in the standalone financial statements or, if such disclosures are inadequate, to modify our opinion. Our conclusions are based on the audit evidence obtained up to the date of our auditor’s report. However, future events or conditions may cause the Company to cease to continue as a going concern.
- Evaluate the overall presentation, structure and content of the standalone financial statements, including the disclosures, and whether the standalone financial statements represent the underlying transactions and events in a manner that achieves fair presentation.
We communicate with those charged with governance regarding, among other matters, the planned scope and timing of the audit and significant audit findings, including any significant deficiencies in internal control that we identify during our audit.
We also provide those charged with governance with a statement that we have complied with relevant ethical requirements regarding independence, and to communicate with them all relationships and other matters that may reasonably be thought to bear on our independence, and where applicable, related safeguards.
OTHER MATTER
- These standalone financial results include the results for the quarter ended 31st March, 2026, being the balancing figures between the audited figures in respect of the full financial
^{}[]
year ended 31st March, 2026 and the published year to date figures up to 31st December, 2025, which were subject to limited review by us as required under the listing Regulations. Our opinion is not modified in respect of this matter.
Place: Ghaziabad
Date: 30.05.2026
UDIN: 26092423XOUXIT2766
For Ajay K. Kapoor & Company
Chartered Accountants
FRNo. 013788N
(44 Aajay Kumar Kapoor)
Partner
M.No.092423
SPRINGFORM TECHNOLOGY LIMITED
Registered office: 50, Dudhis Industrial Estate, 2nd Floor, Qp. 5 V Road, Dahisar East, Mumbai 400068.
CIN: L24319DL1979PLC460784
Ph: 0120-4235559, Email: emsswmc.co.in, Website: www.emc.co.in
STANDALONE BAT AND E SHEET AS AT 31st MARCH 11, 2026
(Rupees In Lakhs)
| Particulars | As at 31st March, 2026 | As at 31st March, 2025 | |
|---|---|---|---|
| Audited | Audited | ||
| I. | ASSETS | ||
| 1 | Non-current assets | ||
| (a) Property Plant and Equipment | |||
| (b) Capital Work In Progress | |||
| (c) Right of Use Asset | |||
| (d) Intangible Assets | |||
| (e) Investment Property | |||
| (f) Financial assets | |||
| (i) Investments | 926.00 | ||
| (ii) Trade Receivables | |||
| (iii) Other financial assets | |||
| (iv) Other financial assets (net) | 4.64 | ||
| (v) Income tax assets (net) | 4.11 | ||
| 2 | Current assets | ||
| (a) Inventories | |||
| (b) Financial assets | |||
| (i) Investments | |||
| (ii) Trade receivables | 13.50 | 0.92 | |
| (iii) Cash and cash equivalents | 4.27 | 0.01 | |
| (iv) Both balances other than cash and cash equivalents | 6.31 | ||
| (v) Other Financial Assets | 581.97 | ||
| (vi) Other current assets | 2.53 | 2.24 | |
| Total Assets | 1,537.02 | 9.98 | |
| II. | EQUITY AND LIABILITIES | ||
| 1 | Equity | ||
| (a) Equity Share capital | 1,010.00 | 5.00 | |
| (b) Other equity | (34.60) | (7.13) | |
| Total Equity | |||
| Liabilities | |||
| 2 | Non-current liabilities | ||
| (a) Financial liabilities | |||
| (i) Borrowings | |||
| (ii) Lease Liability | |||
| (iii) Other Financial Liabilities | |||
| (iv) Provisions | |||
| 3 | Current liabilities | ||
| (a) Financial liabilities | |||
| (i) Borrowings | 555.89 | 10.00 | |
| (ii) Lease Liability | |||
| (iii) Trade payables | |||
| Total outstanding dues of micro enterprises and small enterprises | |||
| Total outstanding dues of creditors other than micro enterprises and small enterprises | 0.89 | 0.72 | |
| (iv) Other financial liabilities | 2.07 | ||
| (b) Provisions | - | 1.39 | |
| (c) Other current liabilities | 2.78 | ||
| (d) Current tax liabilities (net) | |||
| Total Equity and Liabilities | 1,537.02 | 9.98 |
For and on behalf of the Board
Springform Technology Limited
CIN: L24319DL1979PLC460784
Josamh C.
1
STATEMENT OF STANDALONE FINANCIAL RESULTS FOR THE YEAR/QUARTER ENDED MARCH 31, 2026
| Sr no | Particulars | Quarter ended | Quarter ended | Quarter ended | Year ended | (Rupees in Lakhs) |
|---|---|---|---|---|---|---|
| March 31, 2026 | Dec. 31, 2025 | March 31, 2025 | March 31, 2026 | Year ended | ||
| Audited) | (Unaudited) | (Unaudited) | (Audited) | (Audited) | ||
| .. | Revenue from operations | |||||
| (a) Revenue from operations | 13.80 | |||||
| (b) Other income | 30.90 | 5.25 | 36.15 | 0.42 | ||
| Total Income | 30.90 | 5.25 | 36.15 | 14.22 | ||
| 2. | Expenses | |||||
| (a) Cost of raw materials consumed | ||||||
| (b) Chances in inventories | 9.00 | 9.00 | ||||
| (c) Employee benefits expense | 4.40 | 4.39 | 3.31 | 17.56 | 54.40 | |
| (d) Finance costs | 18.99 | 5.48 | 0.03 | 24.47 | 0.44 | |
| (e) Depreciation expense | 1.25 | |||||
| (f) Other expenses | 3.77 | 3.31 | 1.68 | 26.23 | 49.65 | |
| Total Expenses | 27.15 | 13.18 | 14.02 | 68.25 | 114.74 | |
| 3. | Profit before tax (1-2) | 3.75 | -7.93 | -14.02 | -32.11 | -100.52 |
| 4. | Tax expense | |||||
| (a) Current tax | ||||||
| (b) Tax expense relating to prior years | ||||||
| (c) Deferred tax charge / (credit) | 1.70 | 0.69 | -4.64 | |||
| Total tax expense | 1.70 | 0.69 | -4.64 | |||
| 5. | Net profit for the period (3-4) | 2.05 | -8.63 | -14.02 | -27.47 | -100.52 |
| 6. | Other comprehensive income | |||||
| (1) Items that will be reclassified to Profit / (Loss) | ||||||
| (2) Items that will not be reclassified subsequently to Profit | ||||||
| Total other comprehensive income/(loss) | ||||||
| 7. | Total comprehensive income for the period (5+6) | 2.05 | -8.63 | -14.02 | -27.47 | -100.52 |
| 8. | Net profit for the period attributable to: | |||||
| - Equity holders of the parent | ||||||
| - Non-Controlling Interest | ||||||
| Total net profit for the period | 2.05 | -8.63 | -14.02 | -27.47 | -100.52 | |
| Other comprehensive income for the period | ||||||
| 9. | Paid up equity share capital (Face value of Rs 10 each) | 1,010.00 | 1,010.00 | 5.00 | 1,010.00 | 5.00 |
| Reserves excluding Revaluation Reserve | -34.60 | -34.60 | -7.13 | -34.60 | -7.13 | |
| 10. | Earnings per share (EPS) (Rupees per share) not annualised for | |||||
| (1) Basic EPS | 0.02 | -3.69 | -28.04 | -1.03 | -201.04 | |
| (2) Diluted EPS | 0.02 | -3.69 | -28.04 | -1.03 | -201.04 |
Notes :
The above unaudited standalone financial results of the Company for the quarter ended March 31, 2026 have been prepared in accordance with the recognition and measurement principles laid down in the applicable Indian Accounting Standards ("Ind AS") as prescribed under section 133 of the Companies Act 2013, as amended, read with relevant rules thereunder and in terms of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015. These standalone financial results for the quarter ended March 31, 2026 have been reviewed by the Audit Committee and then approved by the Board of Directors of the Company at their meetings held on May 30, 2026.
Previous quarter/year items are regrouped or reclassified in line with the current quarter/year presentation, if any.
Paramleet Singh Chhabra
Place : NEW DELHI
SPRINGFORM TECHNOLOGY LIMITED
Registered office: 5B, Dudhia Industrial Estate, 2nd Floor, Opp. S. V. Road, Dahisar East, Mumbai- 400068.
Statement of Cash flows for the year ended March 31, 2026
| Particulars | Year ended
March 31, 2026
Audited | Year ended
March 31, 2025
Audited |
| --- | --- | --- |
| (A) Cashflows from operating activities | | |
| Profit before tax | (32.11) | (100.52) |
| Depreciation and amortization | - | 1.25 |
| Finance cost | - | 0.44 |
| Loss/(Profit) on disposal/writeoff of tangible assets (Net) | - | 3.77 |
| Interest received | - | (0.42) |
| Operating cash flow before working capital changes | (32.11) | (95.48) |
| Adjustment for changes in working capital: | | |
| Decrease/(Increase) in other assets | 0.21 | 28.94 |
| Decrease/(Increase) in trade recieveble | (12.58) | 40.20 |
| Decrease/(Increase) in other financial assets | (581.97) | - |
| (Decrease) / Increase in trade payables | 0.17 | (0.45) |
| (Decrease) / Increase in other financial liability | 2.07 | - |
| (Decrease) / Increase in other liability | 2.78 | - |
| Increase / (Decrease) in provision | (1.39) | (6.93) |
| Cash generated from operations | (622.83) | (33.72) |
| Taxes paid (net of refunds) | (4.11) | (11.43) |
| Net cashflows from operating activities | (626.94) | (45.14) |
| (B) Cashflows from investing activities | | |
| (Increase)/Decrease in Deposite with bank | 6.31 | - |
| Interest received | - | 0.42 |
| Proceed from sale of tangible/Intangible assets | - | 1.12 |
| Investment made during the year | (926.00) | - |
| Net cashflows from investing activities | (919.69) | 1.53 |
| (C) Cashflows from financing activities | | |
| Borrowings, net | 545.89 | 10.00 |
| Share issued during the year | 1,005.00 | - |
| Interest paid | - | (0.44) |
| Net cashflows from financing activities | 1,550.89 | 9.56 |
| Net (decrease)/increase in cash and cash equivalents (A+B+C) | 4.26 | (34.05) |
| Cash and cash equivalents at the beginning of the year | 0.01 | 40.38 |
| Cash and cash equivalents at the end of the year | 4.27 | 6.32 |
| Total cash and cash equivalents | 4.27 | 6.32 |
Note: Cash Flow Statement has been prepared as per Indirect Method
For and on behalf of the Board
Springform Technology Limited
CIN: L24319DL1979PLC460204
Paramjeet Singh Chhabra
Manigorg Director
DIN: 00153183
Place: NEW DELHI
Date: 30.05.2026
STATEMENT OF CONSOLIDATED FINANCIAL RESULTS FOR THE YEAR/QUARTER ENDED MARCH 31, 2026
| Particulars | Quarter ended | Quarter ended | Quarter ended | Year ended | Year ended |
|---|---|---|---|---|---|
| March 31, 2026 | Dec. 31, 2025 | March 31, 2025 | March 31, 2026 | March 31, 2025 | |
| (Audited) | (Unaudited) | (Unaudited) | (Audited) | (Audited) | |
| Revenue from operations | |||||
| (a) Revenue from operations | 4,619.75 | 5,007.87 | - | 14,018.54 | 13.80 |
| (b) Other income | 22.59 | 22.15 | - | 48.08 | 0.42 |
| Total Income | 4,642.35 | 5,030.02 | - | 14,066.61 | 14.22 |
| Expenses | |||||
| (a) Cost of raw materials consumed | 4,362.44 | 4,204.42 | - | 13,004.18 | - |
| (b) Changes in inventories | -519.28 | 497.08 | 9.00 | -512.24 | 9.00 |
| (c) Employee benefits expense | 87.96 | 59.36 | 3.31 | 210.39 | 54.40 |
| (d) Finance costs | 79.27 | 65.49 | 0.03 | 194.66 | 0.44 |
| (e) Depreciation expense | 28.42 | 39.94 | - | 97.07 | 1.25 |
| (f) Other expenses | 536.72 | 95.28 | 1.68 | 845.09 | 49.65 |
| Total Expenses | 4,575.52 | 4,961.56 | 14.02 | 13,839.15 | 114.74 |
| Profit before tax (1-2) | 66.82 | 68.45 | -14.02 | 227.47 | -100.52 |
| Tax expense | |||||
| (a) Current tax | 7.88 | 4.06 | - | 11.94 | - |
| (b) Tax expense relating to prior years | - | - | - | - | - |
| (c) Deferred tax charge / (credit) | 97.76 | -4.66 | - | 91.42 | - |
| Total tax expense | 105.64 | -0.59 | - | 103.36 | - |
| Net profit for the period (3-4) | -38.81 | 69.05 | -14.02 | 124.10 | -100.52 |
| Other comprehensive income | |||||
| (1) Items that will be reclassified to Profit / (Loss) | - | - | - | - | - |
| (2) Items that will not be reclassified subsequently to Profit | - | - | - | - | - |
| Total other comprehensive income/(loss) | - | - | - | - | - |
| Total comprehensive income for the period (5+6) | -38.81 | 69.05 | -14.02 | 124.10 | -100.52 |
| Net profit for the period attributable to: | |||||
| - Equity holders of the parent | |||||
| - Non-Controlling Interest | |||||
| Total net profit for the period | -38.81 | 69.05 | -14.02 | 124.10 | -100.52 |
| Other comprehensive income for the period attributable to | |||||
| - Equity holders of the parent | |||||
| - Non-Controlling Interest | |||||
| Total other comprehensive income | - | - | - | - | - |
| Total comprehensive income for the period attributable to : | |||||
| - Equity holders of the parent | |||||
| - Non-Controlling Interest | |||||
| Total comprehensive income for the year attributable | -38.81 | 69.05 | -14.02 | 124.10 | -100.52 |
| Paid up equity share capital (Face value of Rs 10 each) | 1,010.00 | 1,010.00 | 5.00 | 1,010.00 | 5.00 |
| Reserves excluding Revaluation Reserve | 116.98 | 155.81 | -7.13 | 116.98 | -7.13 |
| Earnings per share (EPS) (Rupees per share) not annualised for the quarter | |||||
| (1) Basic EPS | -0.38 | 29.55 | -28.04 | 4.63 | -201.04 |
| (2) Diluted EPS | -0.38 | 29.55 | -28.04 | 4.63 | -201.04 |
Notes :
The above unaudited consolidated financial results of the Company for the quarter ended March 31, 2026 have been prepared in accordance with the recognition and measurement principles laid down in the applicable Indian Accounting Standards ("Ind AS") as prescribed under section 133 of the Companies Act 2013, as amended, read with relevant rules thereunder and in terms of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015. These consolidated financial results for the quarter ended March 31, 2026 have been reviewed by the Audit Committee and then approved by the Board of Directors of the Company at their meetings held on May 30, 2026
During the quarter from July 16, 2025 company acquired 100% control in Inertia Aluminium Private Limited
Previous quarter/year items are regrouped or reclassified in line with the current quarter/year presentation, if any.
PARAMIJEET
Digitally signed by
PARAMIJEET SINGH CHHABRA
Date: 2026.05.30 17:59:30
+05'30'
Paramieet Singh Chhabra
Ph :0120-4235559, Email:[email protected]; Website :www.ems.co.in
CONSOLIDATED BALANCE SHEET AS AT 31st MARCH, 2026
| Particulars | As at 31st March, 2026 | As at 31st March, 2025 | |
|---|---|---|---|
| Audited | Audited | ||
| I. | ASSETS | ||
| 1 | Non - current assets | ||
| (a) Property, Plant and Equipment | 5,113.97 | ||
| (b) Capital Work In Progress | |||
| (c) Goodwill | 112.79 | ||
| (d) Intangible Assets | 251.69 | ||
| (e) Investment Property | |||
| (f) Financial assets | |||
| (i) Investments | - | - | |
| (ii) Trade Receivables | |||
| (iii) Other financial assets | |||
| (g) Other Non Current Assets | 43.87 | ||
| (h) Deferred tax assets (net) | |||
| (i) Income tax assets (net) | 4.11 | ||
| 2 | Current assets | ||
| (a) Inventories | 2,024.80 | ||
| (b) Financial assets | |||
| (i) Investments | |||
| (ii) Trade receivables | 570.56 | 0.92 | |
| (iii) Cash and cash equivalents | 174.29 | 0.01 | |
| (iv) Bank balances other than cash and cash equivalents | - | 6.31 | |
| (v) Other Financial Assets | 45.12 | ||
| (c) Other current assets | 725.54 | 2.74 | |
| Total Assets | 9,066.73 | 9.98 | |
| II. | EQUITY AND LIABILITIES | ||
| 1 | Equity | ||
| (a) Equity Share capital | 1,010.00 | 5.00 | |
| (b) Other equity | 116.98 | (7.13) | |
| Total Equity | |||
| 2 | Liabilities | ||
| Non - current liabilities | |||
| (a) Financial liabilities | |||
| (i) Borrowings | 4,652.80 | ||
| (ii) Lease Liability | |||
| (iii) Deferred tax Liability | 91.26 | ||
| (b) Provisions | 8.71 | ||
| 3 | Current liabilities | ||
| (a) Financial liabilities | |||
| (i) Borrowings | 2,133.34 | 10.00 | |
| (ii) Lease Liability | |||
| (iii) Trade payables | |||
| Total outstanding dues of micro enterprises and small enterprises | 228.87 | ||
| Total outstanding dues of creditors other than micro enterprises | 30.64 | 0.72 | |
| (iv) Other financial liabilities | 88.36 | ||
| (b) Provisions | 1.02 | 1.39 | |
| (c) Other current liabilities | 704.75 | ||
| (d) Current tax liabilities (net) | 0.00 | ||
| Total Equity and Liabilities | 9,066.73 | 9.98 | |
| 0.00 | 0.00 |
PARAMJEET
SINGH CHHABRA
PARAMJEET SINGH CHHABRA
Date: 2026.05.30 17:59:45
+05'30'
Statement of Consolidated Cash flows for the year ended March 31, 2026
| Particulars | Year ended March 31, 2026 | Year ended March 31, 2025 |
|---|---|---|
| (A) Cashflows from operating activities | Audited | Audited |
| Profit before tax | 227.47 | (100.52) |
| Depreciation | 137.28 | 1.25 |
| Finance cost | - | 0.44 |
| Loss/(Profit) on disposal/writeoff of tangible assets (Net) | - | 3.77 |
| Interest income | - | (0.42) |
| Operating cash flow before working capital changes | 364.74 | (95.48) |
| Adjustment for changes in working capital: | ||
| Decrease/(Increase) in other assets | 30.27 | 28.94 |
| Decrease/(Increase) in inventory | (212.37) | - |
| Decrease/(Increase) in trade recievable | (446.14) | 40.20 |
| Decrease/(Increase) in other financial assets | (604.61) | - |
| (Decrease) / Increase in trade payables | (5.87) | (0.45) |
| (Decrease) / Increase in other financial liability | 2.07 | - |
| (Decrease) / Increase in other current liability | 405.74 | - |
| Increase / (Decrease) in provision | 83.87 | (6.93) |
| Cash generated from operations | (382.29) | (33.72) |
| Taxes paid (net of refunds) | (4.11) | (11.43) |
| Net cashflows from operating activities | (386.40) | (45.14) |
| (B) Cashflows from investing activities | ||
| (Purchase)/Sale of property, plant and equipments including Intangible assets | (672.93) | 1.12 |
| (Increase)/Decrease in Deposite with bank | 6.31 | - |
| Interest income | - | 0.42 |
| Investment made during the year | (1.00) | - |
| Net cashflows from investing activities | (667.62) | 1.53 |
| (C) Cashflows from financing activities | ||
| Borrowings, net | 60.30 | 10.00 |
| Share issued during the year | 1,005.00 | - |
| Interest paid | - | (0.44) |
| Net cashflows from financing activities | 1,065.30 | 9.56 |
| Net (decrease)/increase in cash and cash equivalents (A+B+C) | 11.28 | (34.05) |
| Cash acquired through business acquisition | 163.00 | - |
| Cash and cash equivalents at the beginning of the year | 0.01 | 40.38 |
| Cash and cash equivalents at the end of the year | 174.29 | 6.32 |
| Total cash and cash equivalents | 174.29 | 6.32 |
Note: Cash Flow Statement has been prepared as per Indirect Method
PARAMJEET
SINGH
CHHABRA
PARAMJEET SINGH
CHHABRA
Date: 2026.05.30
17:59:57 +05'30'
CA
AJAY K. KAPOOR & COMPANY CHARTERED ACCOUNTANTS
309, Shiva Tower, Opp. Chaudhary Cinema,
G.T. Road, Ghaziabad - 201001
(P) : 0120-2863132, 0120-2863133, 0120-4123134
E-mail : [email protected]
INDEPENDENT AUDITOR'S REPORT
TO,
THE BOARD OF DIRECTORS OF
SPRINGFORM TECHNOLOGY LIMITED
(Formerly Known as New Sagar Trading Company Limited)
REPORT ON THE CONSOLIDATED FINANCIAL STATEMENTS
We have audited the consolidated financial statements of SPRINGFORM TECHNOLOGY LIMITED (Formerly Known as New Sagar Trading Company Limited) (“the Company”) and its subsidiaries and its jointly controlled arrangements/ Joint Operations(Holding Company and its subsidiaries and its jointly controlled arrangements/ Joint Operations together referred to as “the group”) for the year ended 31st March 2026 and the notes thereon (hereinafter referred to as "the consolidated financial results") attached herewith, being submitted by the Company pursuant to the requirements of Regulation 33 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended from time to time (hereinafter referred to as "the Listing Regulations"). The consolidated financial results have been initiated by us for the purpose of identification.
In our opinion and to the best of our information and according to the explanations given to us and based on the consideration of report of other auditor on audited financial statements of the Subsidiaries, the aforesaid consolidated financial results:
a. Includes the results of the following entities:
i. The Holding Company-
- Springform Technology Limited
ii. The Subsidiaries-
- Inertia Aluminum Private Limited
b. are presented in accordance with the requirements of Regulation 33 of the Listing Regulations in this regard; and
c. give a true and fair view in conformity with the recognition and measurement principles laid down in the applicable Indian Accounting Standards and other accounting principles generally accepted in India of the consolidated net profit for the year ended 31st March, 2026 and other financial information for the quarter and year ended 31st March 2026.
A
BASIS OF OPINION
We conducted our audit in accordance with the Standards on Auditing (SAs) specified under Section 143(10) of the Companies Act, 2013, as amended from time to time (hereinafter referred to as "the Act"). Our responsibilities under those SAs are further described in the Auditor's Responsibilities for the Audit of the Consolidated Financial Statements section of our report. We are independent of the Company and its subsidiaries in accordance with the Code of Ethics issued by the Institute of Chartered Accountants of India together with the ethical requirements that are relevant to our audit of the consolidated financial statements under the provisions of the Act and the Rules there under, and we have fulfilled our other ethical responsibilities in accordance with these requirements and the Code of Ethics. We believe that the audit evidence we have obtained, and the audit evidence obtained by the other auditor in terms of their report referred to in "Other Matters" paragraph below is sufficient and appropriate to provide a basis for our opinion on the consolidated financial results.
KEY AUDIT MATTERS
Key audit matters are those matters that, in our professional judgment, were of most significance in our audit of the consolidated financial statements of the current period. There are no such matters which are required to be addressed in the context of our audit of the consolidated financial statements as a whole, and in forming our opinion thereon, and we do not provide a separate opinion on these matters. We have determined that there is no key audit matter communicate in our report.
MANAGEMENT'S RESPONSIBILITY FOR THE CONSOLIDATED FINANCIAL STATEMENTS
These consolidated financial results have been prepared based on the consolidated financial statements. The Company's Board of Directors are responsible for the preparation of these consolidated financial results that give a true and fair view of the net profit for the year ended 31st March, 2026 and other financial information of the Company and its Subsidiaries in accordance with the recognition and measurement principles laid down in Indian Accounting Standard notified under section 133 of the Act read with relevant rules issued thereunder and other accounting principles generally accepted in India and in compliance with Regulation 33 of the Listing Regulations. This responsibility also includes maintenance of adequate accounting records in accordance with the provisions of the Act for safeguarding of the assets of the Company and its subsidiaries for preventing and detecting frauds and other irregularities; selection and application of appropriate accounting policies; making judgments and estimates that are reasonable and prudent; and design, implementation and maintenance of adequate internal financial controls that were operating effectively for ensuring the accuracy and completeness of the accounting records, relevant to the preparation and presentation of the consolidated financial results that give a true and fair view and are free from material misstatement, whether due to fraud or error.
In preparing the consolidated financial statements, the Management and Board of Directors are responsible for assessing the Company and its Subsidiaries ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the Board of Directors either intends to liquidate the Company and its subsidiaries or to cease operations, or has no realistic alternative but to do so. The Board of
(1)
Directors is also responsible for overseeing the holding Company and its subsidiaries financial reporting process.
AUDITOR'S RESPONSIBILITY FOR THE AUDIT OF CONSOLIDATED FINANCIAL STATEMENT.
Our objectives are to obtain reasonable assurance about whether the consolidated financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue an auditor's report that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with SAs will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these consolidated financial statements.
As part of an audit in accordance with SAs, we exercise professional judgment and maintain professional skepticism throughout the audit. We also:
-
Identify and assess the risks of material misstatement of the consolidated financial statements, whether due to fraud or error, design and perform audit procedures responsive to those risks, and obtain audit evidence that is sufficient and appropriate to provide a basis for our opinion. The risk of not detecting a material misstatement resulting from fraud is higher than for one resulting from error, as fraud may involve collusion, forgery, intentional omissions, misrepresentations, or the override of internal control.
-
Obtain an understanding of internal financial control relevant to the audit in order to design audit procedures that are appropriate in the circumstances. Under section 143(3)(i) of the Act, we are also responsible for expressing our opinion on whether the Company has adequate internal financial controls system in place and the operating effectiveness of such controls.
-
Evaluate the appropriateness of accounting policies used and the reasonableness of accounting estimates and related disclosures made by the management.
-
Conclude on the appropriateness of management's use of the going concern basis of accounting and, based on the audit evidence obtained, whether a material uncertainty exists related to events or conditions that may cast significant doubt on the Company and its subsidiaries ability to continue as a going concern. If we conclude that a material uncertainty exists, we are required to draw attention in our auditor's report to the related disclosures in the consolidated financial statements or, if such disclosures are inadequate, to modify our opinion. Our conclusions are based on the audit evidence obtained up to the date of our auditor's report. However, future events or conditions may cause the Company and its subsidiaries to cease to continue as a going concern.
-
Evaluate the overall presentation, structure and content of the consolidated financial statements, including the disclosures, and whether the consolidated financial statements represent the underlying transactions and events in a manner that achieves fair presentation
1000
We communicate with those charged with governance regarding, among other matters, the planned scope and timing of the audit and significant audit findings, including any significant deficiencies in internal control that we identify during our audit.
We also provide those charged with governance with a statement that we have complied with relevant ethical requirements regarding independence, and to communicate with them all relationships and other matters that may reasonably be thought to bear on our independence, and where applicable, related safeguards. We also performed procedures in accordance with the circular issued by Securities and Exchange Board of India under Regulation 33{8} of the Listing Regulations, to the extent applicable.
OTHER MATTER
-
The audited consolidated financial results include the audited Financial results of subsidiaries namely Inertia Aluminum Private Limited, whose Financial statements reflects total revenue of Rs. 14,018.54 lakhs and Rs 4,619.75 lakhs and net profit (Loss) after tax of Rs.151.57 lakhs and (Rs.40.87 lakhs), for the year and quarter ended 31st March, 2026 respectively, whose financial results have been audited by other auditor in accordance with Standards on Auditing notified under section 143 of the Act and in accordance with their report furnished to us by the management.
-
The figures for the quarter ended March 31, 2026 represent the difference between the audited figures in respect of full financial year and the unaudited published figures of the nine months ended December 31, 2025.
-
We draw attention to the fact that the Company's gratuity liability and related expense have been determined based on management's internal assessment and estimation. The Company has not obtained an actuarial valuation from an independent qualified actuary for the year ended March 31, 2026. Consequently, we have relied on management's assessment for the recognition and measurement of gratuity obligations. Our opinion is not modified in respect of this matter.
Our opinion on consolidated financial results in respect of the above matters including with respect to our reliance on work performed and reports submitted by independent auditor on the audited financial statements of subsidiaries is not modified.
Place: Ghaziabad
Date: 30.05.2026
UDIN: 26092423DPZZHH6448
For Ajay K. Kapoor & Company
Chartered Accountants
FRNo. 013788N
Chairman (Chairman of the Chautauga K. Kapoor) Partner
M.No.092423
Registered office: SB, Dudhia Industrial Estate, 2nd Floor, Opp. S. V. Road, Dahisar East, Mumbai- 400068.
Statement of Consolidated Cash flows for the year ended March 31, 2026
| Particulars | Year ended March 31, 2026 | Year ended March 31, 2025 |
|---|---|---|
| Audited | Audited | |
| (A) Cashflows from operating activities | ||
| Profit before tax | 227.47 | (100.52) |
| Depreciation | 137.28 | 1.25 |
| Finance cost | - | 0.44 |
| Loss/(Profit) on disposal/writeoff of tangible assets (Net) | - | 3.77 |
| Interest income | - | (0.42) |
| Operating cash flow before working capital changes | 364.74 | (95.48) |
| Adjustment for changes in working capital: | ||
| Decrease/(Increase) in other assets | 30.27 | 28.94 |
| Decrease/(Increase) in inventory | (212.37) | - |
| Decrease/(Increase) in trade receivable | (446.14) | 40.20 |
| Decrease/(Increase) in other financial assets | (604.61) | - |
| (Decrease) / Increase in trade payables | (5.87) | (0.45) |
| (Decrease) / Increase in other financial liability | 2.07 | - |
| (Decrease) / Increase in other current liability | 405.74 | - |
| Increase / (Decrease) in provision | 83.87 | (6.93) |
| Cash generated from operations | (382.29) | (33.72) |
| Taxes paid (net of refunds) | (4.11) | (11.43) |
| Net cashflows from operating activities | (386.40) | (45.14) |
| (B) Cashflows from investing activities | ||
| (Purchase)/Sale of property, plant and equipments including Intangible assets | (672.93) | 1.12 |
| (Increase)/Decrease in Deposite with bank | 6.31 | - |
| Interest income | - | 0.42 |
| Investment made during the year | (1.00) | - |
| Net cashflows from investing activities | (667.62) | 1.53 |
| (C) Cashflows from financing activities | ||
| Borrowings, net | 60.30 | 10.00 |
| Share issued during the year | 1,005.00 | - |
| Interest paid | - | (0.44) |
| Net cashflows from financing activities | 1,065.30 | 9.56 |
| Net (decrease)/increase in cash and cash equivalents (A+B+C) | 11.28 | (34.05) |
| Cash acquired through business acquisition | 163.00 | - |
| Cash and cash equivalents at the beginning of the year | 0.01 | 40.38 |
| Cash and cash equivalents at the end of the year | 174.29 | 6.32 |
| Total cash and cash equivalents | 174.29 | 6.32 |
Note: Cash Flow Statement has been prepared as per Indirect Method
Place: NEW DELHI
Registered office: 5B, Dudhia Industrial Estate, 2nd Floor, Opp. S. V. Road, Dahisar East, Mumbai- 400068.
STATEMENT OF CONSOLIDATED FINANCIAL RESULTS FOR THE YEAR/QUARTER ENDED MARCH 31, 2026
| Sr no | Particulars | Quarter ended | Quarter ended | Quarter ended | Year ended | (Rupees in Lakhs) |
|---|---|---|---|---|---|---|
| March 31, 2026 | Dec. 31, 2025 | March 31, 2025 | March 31, 2026 | Year ended | ||
| (Audited) | (Unaudited) | (Unaudited) | (Audited) | (Audited) | ||
| 1. | Revenue from operations | |||||
| (a) Revenue from operations | 4,619.75 | 5,007.87 | - | 14,018.54 | 13.80 | |
| (b) Other income | 22.59 | 22.15 | - | 48.08 | 0.42 | |
| Total Income | 4,642.35 | 5,030.02 | - | 14,066.61 | 14.22 | |
| 2. | Expenses | |||||
| (a) Cost of raw materials consumed | 4,362.44 | 4,204.42 | - | 13,094.18 | - | |
| (b) Charges in inventories | -510.28 | 497.08 | 9.00 | -512.24 | 9.00 | |
| (c) Employee benefits expense | 87.96 | 59.36 | 3.31 | 210.39 | 54.40 | |
| (d) Finance costs | 79.27 | 65.49 | 0.03 | 194.66 | 0.44 | |
| (e) Depreciation expense | 28.42 | 39.94 | - | 97.07 | 1.25 | |
| (f) Other expenses | 536.72 | 93.28 | 1.68 | 845.09 | 49.65 | |
| Total Expenses | 4,575.52 | 4,961.56 | 14.02 | 13,839.15 | 114.74 | |
| 3. | Profit before tax (1-2) | 66.82 | 68.45 | -14.02 | 227.47 | -100.52 |
| 4. | Tax expense | |||||
| (a) Current tax | 7.88 | 4.06 | - | 11.94 | - | |
| (b) Tax expense relative to prior years | - | - | - | - | - | |
| 5. | Net profit for the period (3-4) | -38.81 | 69.05 | -14.02 | 124.10 | -100.52 |
| Other comprehensive income | ||||||
| 6. | (1) Items that will be reclassified to Profit / (Loss) | - | - | - | - | - |
| (2) Items that will not be reclassified subsequently to Profit | - | - | - | - | - | |
| Total other comprehensive income/(loss) | - | - | - | - | - | |
| 7. | Total comprehensive income for the period (5+6) | -38.81 | 69.05 | -14.02 | 124.10 | -100.52 |
| 8. | Net profit for the period attributable to: | |||||
| - Equity holders of the parent | - | - | - | - | - | |
| - Non-Controlling Interest | - | - | - | - | - | |
| Total net profit for the period | -38.81 | 69.05 | -14.02 | 124.10 | -100.52 | |
| Other comprehensive income for the period attributable to | ||||||
| 9. | - Equity holders of the parent | - | - | - | - | - |
| - Non-Controlling Interest | - | - | - | - | - | |
| Total other comprehensive income | - | - | - | - | - | |
| 10. | Total comprehensive income for the period attributable to : | |||||
| - Equity holders of the parent | - | - | - | - | - | |
| - Non-Controlling Interest | - | - | - | - | - |
Notes
The above unaudited consolidated financial results of the Company for the quarter ended March 31, 2026 have been prepared in accordance with the recognition and measurement principles laid down in the applicable Indian Accounting Standards (3rd AS*) as prescribed under section 133 of the Companies Act 2013, as amended, read with relevant rules thereunder and in terms of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015. These consolidated financial results for the quarter ended March 31, 2026 have been reviewed by the Audit Committee and then approved by the Board of Directors of the Company at their meetings held on May 30, 2026
During the quarter from July 16, 2025 company acquired 100% control in Inerba Aluminum Private Limited
Previous quarter/year items are regrouped or reclassified in line with the current quarter/year presentation, if any.
For and on behalf of the Board
Springform Technology Limited
CIN: L24319DL1979PLC460204
Paramiest Singh Chhabra
Manipal Director
CIN: 00153183
Place: NEW DELHI
Date 30-05-2026
| Particulars | Year ended March 31, 2026
Audited | Year ended March 31, 2025
Audited |
| --- | --- | --- |
| (A) Cashflows from operating activities | | |
| Profit before tax | 227.47 | (100.52) |
| Depreciation | 137.28 | 1.25 |
| Finance cost | - | 0.44 |
| Loss/(Profit) on disposal/writeoff of tangible assets (Net) | - | 3.77 |
| Interest income | - | (0.42) |
| Operating cash flow before working capital changes | 364.74 | (95.48) |
| Adjustment for changes in working capital: | | |
| Decrease/(Increase) in other assets | 30.27 | 28.94 |
| Decrease/(Increase) in inventory | (212.37) | - |
| Decrease/(Increase) in trade receivable | (446.14) | 40.20 |
| Decrease/(Increase) in other financial assets | (604.61) | - |
| (Decrease) / Increase in trade payables | (5.87) | (0.45) |
| (Decrease) / Increase in other financial liability | 2.07 | - |
| (Decrease) / Increase in other current liability | 405.74 | - |
| Increase / (Decrease) in provision | 83.87 | (6.93) |
| Cash generated from operations | (382.29) | (33.72) |
| Taxes paid (net of refunds) | (4.11) | (11.43) |
| Net cashflows from operating activities | (386.40) | (45.14) |
| (B) Cashflows from investing activities | | |
| (Purchase)/Sale of property, plant and equipments including Intangible assets | (672.93) | 1.12 |
| (Increase)/Decrease in Deposite with bank | 6.31 | - |
| Interest income | - | 0.42 |
| Investment made during the year | (1.00) | - |
| Net cashflows from investing activities | (667.62) | 1.53 |
| (C) Cashflows from financing activities | | |
| Borrowings, net | 60.30 | 10.00 |
| Share issued during the year | 1,005.00 | - |
| Interest paid | - | (0.44) |
| Net cashflows from financing activities | 1,065.30 | 9.56 |
| Net (decrease)/increase in cash and cash equivalents (A+B+C) | 11.28 | (34.05) |
| Cash acquired through business acquisition | 163.00 | - |
| Cash and cash equivalents at the beginning of the year | 0.01 | 40.38 |
| Cash and cash equivalents at the end of the year | 174.29 | 6.32 |
| Total cash and cash equivalents | 174.29 | 6.32 |
For and on behalf of the Board
Springform Technology Limited
CIN: L24319DL1979PLC460204
Paramjeet Singh Chhabra
Managing Director
DIN: 00153183
Place: NSW DELHI
Date: 30.05.2026
CA
309, Shiva Tower, Opp. Chaudhary Cinema,
G.T. Road, Ghaziabad - 201001
(P) : 0120-2863132, 0120-2863133, 0120-4123134
E-mail : [email protected]
UNDERTAKING
Pursuant to the requirements of Regulation 33(8) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, We, Ajay K. Kapoor & Company, the statutory auditor of SPRINGFORM TECHNOLOGY LIMITED hereby undertake for limited review of the audit of all the entities/companies whose accounts are to be consolidated with SPRINGFORM TECHNOLOGY LIMITED as per Ind AS 110 in accordance with guidelines issued by the Board on this matter for the Year/Quarter ended on 31st March 2026.
Place: Ghaziabad
Date: 30.05.2026
UDIN: 26092423FGVFVT4309
Ajay Kumar Kapoor
Partner
M.No.092423
Regd. Office.: 2/70, Block- 2, 3rd Floor, WHS Kirti Nagar, New Delhi- 110015; Tel.:011-46033945
E-mail: [email protected], Website: www.springformtech.com
To,
The General Manager (Listing)
Department of Corporate Services,
BSE Limited
25th Floor, Phiroze Jeejeeboy Towers,
Dalal Street,
Mumbai- 400 001
Scrip Code: 501479
Sub: Submission of Declaration in respect of Audited Report with Unmodified Opinion for the Quarter and Financial Year ended 31st March, 2026
Dear Sir/Ma’am,
In terms of Regulation 33 (3) (d) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we hereby declare that Statutory Auditors of the Company, M/s Ajay K. Kapoor & Co., Chartered Accountants (Firm Registration No.: 013788N) have issued an Audit Report with an unmodified opinion on Audited Financial Results of the Company for the Quarter and Financial Year ended 31st March, 2026.
Request you to take the same on your records.
Thanking you,
Yours faithfully,
For Springform Technology Limited
PARAMJEET SINGH CHHABRA
Digitally signed by PARAMJEET
Date: 2026.05.30 18:03:55 +05'30'
(Managing Director)
Date: 30.05.2026
Place: New Delhi