Safety Controls & Devices Ltd (544746) — FY26 Annual Report | 1 September 2026

Safety Controls & Devices Limited successfully completed its IPO and listed on the BSE SME platform on 13 April 2026, marking a pivotal milestone in its corporate journey. The company, incorporated in 2015 and evolved from a fire protection specialist to a diversified engineering enterprise, reported strong financial performance for FY2025-26 with revenue of ₹11,701.47 lakhs and profit after tax of ₹1,442.38 lakhs, reflecting 14.09% revenue growth and 88.69% PAT growth. The Board highlighted strategic expansion into power transmission, renewable energy, EV charging infrastructure, and institutional construction, while emphasizing governance reforms and capital market readiness. The IPO raised approximately ₹48 crore through a fresh issue of 60 lakh shares at ₹80 per share. The company maintains a robust governance framework, with a focus on sustainable growth, risk management, and stakeholder value creation. Dividend policy remains conservative, with no dividend declared for FY2025-26 to reinvest profits. The Board seeks shareholder approval for revised remuneration of Managing Director Rajnish Chopra, including a fixed annual package of ₹80 lakhs and a 2% performance incentive, subject to statutory limits. The company also appointed MMA & Partners as Secretarial Auditors for a five-year term. Material risks include regulatory changes, project execution delays, and market volatility. The company is well-positioned to capitalize on India's infrastructure growth, with a focus on renewable energy and power transmission projects.