BSERJ Shah & Company LtdHighNeutral
Announced Fri, 29 May · 16:05 IST

The Board vide their meeting held today i.e. 29th May, 2026, appointed the Internal Auditor for the FY 2026-27

Revenue DeclinePat NegativeAuditor Mid Year ChangeNegative Operating CashflowResults View source PDF

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

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AI summary

RJ Shah & Company Ltd reported FY2026 audited results with total income of Rs. 1,088.41 Lakhs, down from Rs. 1,225.05 Lakhs in FY2025, representing an 11.2% revenue decline. Profit after tax stood at Rs. 536.99 Lakhs compared to Rs. 575.43 Lakhs in the prior year, a decline of approximately 6.7%. Despite lower profitability, the company maintained its dividend at Rs. 2.5 per share (25%), unchanged from the previous year. The Board also appointed M/s. Brijesh Dutt & Associates as Internal Auditor for FY2026-27. The statutory auditors (NNK & Co.) issued an unmodified opinion, and the company has adequate internal financial controls in place. Cash flow from operations turned negative at Rs. -133.61 Lakhs, primarily due to large increases in other assets and receivables, despite generating Rs. 282.44 Lakhs before working capital changes. Total equity stands at Rs. 4,319.08 Lakhs.

Likely market impact

The revenue and PAT decline, combined with negative operating cash flow, may raise concerns about the company's operational efficiency. However, the maintained dividend and clean audit opinion provide some stability for investors.