BSEBoard Meeting10h ago · 3 Nov 2026, 01:47 pm
Outcome of Board meeting held on 03.11.2026 for Q2 results.
Synergy Green Industries Ltd · 541929
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Synergy Green Industries Ltd has announced its unaudited standalone and consolidated financial results for the quarter ended September 30, 2026, with a net loss of Rs. 508.23 lakhs and a basic and diluted EPS of Rs. 3.27.
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Earnings Impact4/10
Growth Catalyst2/10
Governance Concern1/10
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Liquidity Impact5/10
Market Sentiment5/10
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Synergy Green Industries Ltd - 541929 - Board Meeting Outcome for Outcome Of Board Meeting Held On 03.11.2026.
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November 03, 2026
To, To,
The BSE Limited, Corporate Communications,
Corporate Relationship Department, National Stock Exchange of India Ltd.,
1st Floor New Trading Building, Exchange Plaza, Plot No.C/1, G Block,
Rotunda Building, Bandra-Kurla Complex, Bandra (E),
P.J. Towers, Dalal Street, Mumbai – 400051.
Fort, Mumbai - 400 001
Scrip Code : 541929 Security ID : SGIL
Subject : Outcome of Board Meeting held on November 03, 2026.
Dear Sir/Madam,
In compliance of Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements)
Regulations, 2015, we wish to inform you that the Board of Directors of the Company in its
meeting held November 03, 2026 has considered and approved unaudited Standalone &
Consolidated financial results along with Limited Review Report of Statutory Auditor for the
quarter ended on September 30, 2026.
The meeting started at 12.00 p.m. and concluded at 1.45 p.m.
Kindly take the same on your record and acknowledge the receipt.
Yours Faithfully,
For Synergy Green Industries Limited
Nilesh M. Mankar
Company Secretary and Compliance Officer
Memb.No.:A39928
Encl: As above
November 03, 2026
To, To,
The BSE Limited, Corporate Communications,
Corporate Relationship Department, National Stock Exchange of India Ltd.,
1st Floor New Trading Building, Exchange Plaza, Plot No.C/1, G Block,
Rotunda Building, Bandra-Kurla Complex, Bandra (E),
P.J. Towers, Dalal Street, Mumbai – 400051.
Fort, Mumbai - 400 001
Scrip Code : 541929
Security ID : SGIL
Subject : Declaration with respect to the Audit Report with unmodified opinion to the
Unaudited Standalone and Consolidated Financial Results for the quarter ended on
September 30, 2026.
Dear Sir/Madam,
Pursuant to Regulation 33(3) (d) of the Securities and Exchange Board of India (LODR)
Regulations, 2015, as amended, we hereby confirm that the Statutory Auditors of the Company
M/s. P. G. Bhagwat LLP, Chartered Accountants (Firm Reg. No.101118W/W100682) have issued
the Limited Review Report with unmodified opinion in respect of Consolidated and Standalone
Financial Results for the quarter ended on September 30, 2026.
Kindly take the same on your record.
Thanking you,
For and on behalf of
Synergy Green Industries Limited
Sachin R. Shirgaokar Pratik P. Dukande
Chairman & Managing Director Chief Financial Officer
DIN:00254442
Synergy Green Industries Limited
Regd. Office: 392, E Ward, Assembly Road, Shahupuri, Kolhapur. 416 001
E mail: cs@synergygreenind.com., Website : www.synergygreenind.com
CIN : L27100PN2010PLC137493
STATEMENT OF UNAUDITED STANDALONE FINANCIAL RESULTS FOR THE QUARTER AND HALF YEAR ENDED ON 30TH SEPTEMBER, 2026
(Rs. In Lakhs except EPS)
Quarter Ended Half Year Ended Year Ended
Particulars 30.09.26 30.06.26 30.09.25 30.09.26 30.09.25 31.03.26
(Unudited) (Unudited) (Unaudited) (Unaudited) (Unaudited) (Audited)
1 Income
Revenue from operations 1 1,577.84 7,514.93 7,200.33 19,092.77 15,556.19 36,641.94
Other income 52.79 56.36 237.59 109.15 419.58 995.42
Total income 1 1,630.63 7 ,571.29 7 ,437.92 19,201.92 15,975.77 37,637.36
2 Expenses
(a) Cost of materials consumed 5,101.54 4,161.05 3,462.41 9 ,262.59 6 ,972.72 14,555.25
Changes in inventories of finished goods, Work
(b) (988.48) ( 2,259.77) (1,254.12) (3,248.25) (1,634.90) (342.14)
in-progress and traded goods
(c) Employee benefit expenses 1,114.99 1,033.01 778.68 2 ,148.00 1 ,553.71 3,505.36
(d) Finance costs 715.29 718.14 470.10 1 ,433.43 935.22 2,078.61
(e) Depreciation and amortisation expense 997.20 880.62 366.32 1 ,877.82 703.55 2,032.87
(f) Other expenses 5,219.03 4,107.09 3,280.44 9 ,326.12 6 ,598.16 14,986.71
Total expenses 1 2,159.57 8 ,640.14 7 ,103.83 20,799.71 15,128.46 36,816.66
Profit/(Loss) before exceptional items and tax
3 ( 528.94) ( 1,068.85) 334.09 (1,597.79) 8 47.31 820.70
(1-2)
4 Exceptional items:
Statutory Impact of New Labour Codes - - - - - 6 5.42
5 Profit/(Loss) before tax (3-4) ( 528.94) ( 1,068.85) 3 34.09 ( 1,597.79) 8 47.31 7 55.28
6 Tax expense
i Current tax - - 64.00 - 212.00 41.00
ii Deferred tax (20.71) (57.97) 34.01 (78.68) 61.50 278.67
iii Adjustments of tax relating to earlier periods - - - - - ( 30.22)
Total tax expense (6) (20.71) (57.97) 98.01 (78.68) 2 73.50 289.45
7 Profit/(Loss) for the year/period (5-6) ( 508.23) ( 1,010.88) 236.08 (1,519.11) 5 73.81 465.83
8 Other comprehensive Income/(Expense)
Other Comprehensive income not to be
(a) i reclassified to Profit or Loss in subsequent - - - - - -
periods
Re-measurement gains/(losses) on defined
ii (76.85) (14.13) (57.12) (90.98) (51.38) 48.84
benefit obligation
iii Income tax effect on above (19.34) (3.56) 14.38 (22.90) 12.93 (12.29)
Other Comprehensive income to be reclassified
(b) i - - - - - -
to Profit or Loss in subsequent periods
Total other Comprehensive income for the
ii (96.19) (17.69) ( 42.74) (113.88) (38.45) 36.55
year/period, net of tax (8)
Total Comprehensive Income/(Expense) for the
9 ( 604.42) ( 1,028.57) 193.34 (1,632.99) 5 35.36 502.38
period, net of tax (7+8)
10 Paid up Equity Share Capital 1 ,553.50 1 ,553.50 1 ,554.30 1 ,553.50 1 ,554.30 1 ,553.50
(Face Value of Re.10/- each)
11 Other equity excluding revaluation reserve - - - - - 9 ,555.20
Basic and Diluted E.P.S. of Re.10/-
12 ( 3.27) ( 6.51) 1.52 (9.78) 3.69 3.00
(not annualised )
Notes
1 UNAUDITED STANDALONE STATEMENT OF ASSETS AND LIABILITIES AS AT 30TH SEPTEMBER 2026
Amount Rs. in lakhs
Sr. 30-Sep-2026 31-Mar-2026
Particulars
No. Unaudited Audited
ASSETS
I. Non-current assets 2 9,390.52 2 9,832.66
(a) Property, plant and equipment 2 8,219.20 2 4,008.94
(b) Capital work-in-progress 1 47.02 4 ,746.44
(c) Other Intangible assets 2 60.04 286.00
(d) Right of use Assets 6 70.17 674.41
(e) Financial assets
(i) Investments 0.25 0.25
(ii) Other financial assets 2 8.22 1 5.86
(f) Other non-current assets 6 5.62 100.76
II. Current assets 1 9,184.98 1 7,443.34
(a) Inventories 9 ,789.51 6,271.65
(b) Financial assets
(i) Trade receivables 4 ,784.26 6,496.88
(ii) Cash and cash equivalents 1 51.53 3 3.14
(iii) Bank balance other than (ii) above 8 83.56 1 ,163.36
(iv) Other financial assets 3 82.16 535.54
(c) Current tax assets (net) 3 19.34 246.22
(d) Other current assets 2 ,874.62 2,696.55
Total Assets 4 8,575.50 4 7,276.00
EQUITY AND LIABILITIES
Equity 9,510.38 1 1,108.70
(a) Equity share capital 1 ,553.50 1,553.50
(b) Other equity 7 ,956.88 9,555.20
Liabilities
I. Non-current liabilities 1 6,584.19 1 5,647.82
(a) Financial liabilities
(i) Long Term Borrowings 1 5,794.94 1 4,800.18
(ii) Other financial liabilities 0 .62 0.62
(b) Long-term provisions 1 51.97 154.59
(c) Deferred tax liabilities (net) 6 36.66 692.43
II. Current liabilities 2 2,480.93 2 0,519.48
(a) Financial liabilities
(i) Borrowings 1 0,026.31 1 0,239.08
(ii) Trade and other payables 1 0,190.73 7,089.61
(a) Total outstanding dues of MSME 5 ,342.92 2,376.61
(b) Total outstanding dues other than (ii)(a) above 4,847.81 4,713.00
(iii) Other financial liabilities 1 ,902.42 2,874.41
(b) Other current liabilities 1 81.56 187.80
(c) Short-term provisions 1 79.91 128.58
(d) Current Tax Liabilities (Net) - -
Total Equity and Liabilities 48,575.50 47,276.00
Notes
2 Unaudited Standalone Cash flow statement for the half year ended on 30th September 2026
Amount Rs. in lakhs
For the half year ended For the year ended
Particulars 30th September 2026 31st March 2026
Audited Audited
A Cash flows from operating activities
Net profit before taxes and extraordinary items - (1,597.79) 755.28
Adjustments for:
(a) Depreciation & Amortisation 1,877.82 2,032.87
(b) Provision/Reversal of for Doubtful Debts ( 0.36) 1.30
(c) (Profit)/Loss on sale of fixed assets ( 6.53) (9.67)
(d) Interest income ( 27.14) (355.62)
(e) Interest expenses 1,320.77 1,905.76
(f) Dividend received - (0.04)
(g) Net Foreign Exchange Differences (Unrealised) 1.73 (7.92)
(h) Fair Value Changes in Financial Liabilities (FVTPL) ( 16.78) (13.94)
(i) Share Based Payment to Employees 34.68 34.68
(j) Credit Balances Written back ( 7.17) (10.68)
Operating profits be
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