Declaration of Standalone Financial Results for the Quarter and Year Ended 31.03.2026.
Awaiting price reaction for this filing.
Shivamshree Businesses Ltd reported a strong turnaround in FY26, with revenue from operations surging to Rs. 1,511.24 lakhs from Rs. 413.02 lakhs in FY25 — a growth of over 266% YoY. The company swung from a net loss of Rs. 74.57 lakhs in FY25 to a net profit of Rs. 15.06 lakhs in FY26. For Q4 FY26 alone, revenue was Rs. 456.59 lakhs and net profit was Rs. 63.76 lakhs, compared to a loss of Rs. 42.13 lakhs in Q4 FY25. However, operating cash flow was deeply negative at Rs. 281.49 lakhs for FY26 despite net profit of Rs. 35.74 lakhs, driven by a Rs. 598.84 lakh surge in current assets. The company is heavily investing in two capital projects (Solar Power Plant and FIBC Bags manufacturing facility), with Rs. 804.05 lakhs in capex and Rs. 732.52 lakhs in Capital Work-in-Progress. Additionally, sundry creditors of Rs. 258.25 lakhs were reclassified as long-term borrowings during the year. The Board also approved a preferential allotment of up to 1.43 crore equity shares at Rs. 2.25 per share to raise Rs. 3.23 crore, with allottees being insiders including the Managing Director and his relatives. Statutory auditors M A A K & Associates issued an unmodified opinion.
Revenue growth of 266% YoY signals strong business momentum, particularly in the solar and industrial bags segments. However, the large negative operating cash flow despite profitability raises concerns about working capital management. The Rs. 3.23 crore preferential allotment to insiders will dilute existing shareholders and increase related-party exposure.