Filter announcements
Loading...
Incorporated in 1994, Sharp Chucks and Machines Limited is engaged in the manufacturing of forging and graded casting machined components of tractors and other automobiles.
SCML has withdrawn its proposed preferential issue of 26.37 lakh equity shares & 30.63 lakh convertible warrants. Citing market volatility, the company expects no material impact on operations or stability, and will explore alternative capital raising.
Sharp Chucks (SCML) reported H1 FY26 revenue of ₹132.66 Cr, a slight dip. However, strong operational efficiency drove EBITDA up 14.4% to ₹17.29 Cr and PAT soared 23.93% to ₹5.64 Cr. Robust domestic demand and emerging defense-oriented products fueled margin expansion.