Sanghvi Brands Limited ("Company") hereby informs that the Board of Directors, in its meeting held today, viz. Thursday, May 21, 2026, which commenced at 5:01 P.M. (IST) and concluded at ....
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Sanghvi Brands board approved audited FY2026 results (standalone net profit Rs 8.50 crore on revenue Rs 93.39 crore, vs Rs 10.87 crore profit on Rs 89.68 crore revenue in FY2025; consolidated net profit Rs 15.84 crore on revenue Rs 146.14 crore, vs Rs 10.13 crore profit in FY2025). Standalone EPS declined from Rs 1.04 to Rs 0.82, while consolidated EPS improved from Rs 0.97 to Rs 1.52. The auditor issued an unmodified opinion but highlighted concern about two subsidiaries (Sanghvi Beauty and Salons, Sanghvi Fitness) with accumulated losses and negative net worth where the company holds unsecured loans. The board also appointed Mr. Rohit Prakash Bafana as Additional Non-Executive Independent Director for a 5-year term, subject to shareholder approval.
Mixed signals for investors: revenue growth and improved consolidated profitability are positive, but standalone profit decline and ongoing subsidiary losses raise concerns. The auditor's emphasis on subsidiary stress despite management calling it temporary could make risk-conscious investors cautious.