Outcome of Board Meeting of the Company held on May 25, 2026 and Audited Financial Results for the Quarter and Year ended as on March 31, 2026.
Awaiting price reaction for this filing.
Shantai Industries Ltd reported a significant deterioration in its financial performance for FY 2025-26 ending March 31, 2026. Revenue from operations declined to Rs 723.45 lakh from Rs 981.20 lakh in the previous year, representing approximately 26% decline. The company posted a net loss of Rs 131.35 lakh compared to a profit of Rs 30.63 lakh in FY 2024-25. Q4 standalone showed revenue of Rs 156.04 lakh with a loss of Rs 41.04 lakh. The statutory auditor DSI & Co. issued an unmodified (clean) audit opinion, and the board re-appointed Mr. Dharan Shah as Internal Auditor for FY 2026-27. The company operates in a single segment with no subsidiary or joint venture.
The stock is likely to face significant negative sentiment due to revenue contraction of 26% and a complete reversal from profit to loss. The clean audit report provides some comfort, but the sharp operational decline warrants caution for investors.