Synopsis:- Reversing a loss-making FY25, La Tim Metal & Industries has posted a full-year standalone PAT of Rs. 7.81 crore on revenues of Rs. 386 crore for FY2026, with the board approving audited results and a new internal auditor appointment on May 5, 2026. Investors will now watch whether margin recovery holds as the company’s newly formed real estate subsidiary begins contributing meaningfully to consolidated numbers.
Shares of a BSE-listed steel trading and manufacturing company came into focus after its board approved audited financial results for the quarter and year ended March 31, 2026, marking a decisive swing back to profitability after a difficult FY25. The results were taken up at a board meeting on May 5, 2026, that ran from 11:00 a.m. to 4:00 p.m.
With a market capitalization of Rs. 134.29 crore, the shares of La Tim Metal & Industries Limited were trading at Rs. 10.28 per share, up 1.48 percent from its previous close of Rs.10.13.
The turnaround in FY2026 is not marginal. It is structural in direction, though modest in absolute terms. On a standalone basis, the company reported revenue from operations of Rs. 386 crore for the full year, up roughly 50 percent from Rs. 256.58 crore in FY25. Net profit came in at Rs. 7.81 crore, against a loss of Rs. 0.86 crore in the previous year. Operating leverage played a clear role: total income rose by over Rs. 130 crore year-on-year, while the cost base, though higher, did not expand proportionately enough to erase the bottom line gains.
The Q4 FY26 quarter itself tells a similar story. Standalone revenue for the quarter ended March 31, 2026 was Rs. 123.45 crore, and net profit was Rs. 2.42 crore compared to a loss of Rs. 5.74 crore in Q4 FY25, which had dragged down the full-year FY25 numbers. Finance costs remain a watch item: interest and finance charges for the full year stood at Rs. 6.68 crore, and the interest coverage ratio, noted as low by Screener’s screening tools, reflects a balance sheet still carrying meaningful debt. Proceeds from the rights issue of Rs. 17.98 crore in FY26 have been deployed partly in working capital and partly toward loan repayments.
The consolidated results, incorporating the newly formed subsidiary La Tim Buildarch LLP, are broadly in line with standalone numbers. Consolidated PAT for FY26 was Rs. 8.22 crore on revenues of Rs. 390.48 crore. The real estate subsidiary, incorporated in June 2025 with the company holding a 75 percent stake, has limited financial footprint at this stage (its consolidation adds about Rs. 4.5 crore to assets) but signals the promoters’ intent to diversify beyond steel trading.
The company also recognised Rs. 7.29 lakh as an exceptional item related to the Government of India’s notification of four Labour Codes in November 2025. The management has stated it will continue monitoring the finalisation of state-level rules before making further accounting adjustments.
Business Overview
Incorporated in 1974, La Tim Metal & Industries Limited is the flagship entity of the LATIM Group, engaged in trading and manufacturing of colour-coated steel sheets. The company imports steel products and also operates a manufacturing unit at Umergaon, Gujarat, catering to markets through both imported goods and factory output. Listed on BSE (scrip code 505693), the company reported standalone full-year revenue of Rs. 386 crore and a net profit of Rs. 7.81 crore in FY2026, reversing a net loss in the prior year.
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