BSESanghvi Brands LtdHighNeutral
Announced Thu, 13 Nov · 21:07 IST

The Board has approved the unaudited financial results for the half year ended 30.09.2025

Emphasis Of MatterPat Growth 25pctNegative Operating CashflowResults View source PDF

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AI summary

Sanghvi Brands Ltd reported a strong improvement in H1 FY26 (standalone) results. Revenue from operations rose to Rs 4.13 crore from Rs 3.89 crore a year ago (~6% growth), while net profit nearly doubled to Rs 40.96 lakh from Rs 20.56 lakh (~99% growth). On a consolidated basis, revenue grew to Rs 6.08 crore from Rs 5.39 crore (~13%) and net profit jumped to Rs 47.03 lakh from Rs 13.40 lakh. EPS on a standalone basis improved to Rs 0.39 from Rs 0.20. The auditor (B.K. Khare & Co.) issued an unmodified review report but included an Emphasis of Matter noting that no provision was made on investments and loans given to two Indian subsidiaries (Sanghvi Beauty & Salons Pvt Ltd and Sanghvi Fitness Pvt Ltd), both of which have negative net worth. Management views the erosion as temporary. Consolidated cash flow from operations was negative at Rs (22.16) lakh versus Rs (30.17) lakh in the prior period, while standalone operating cash flow turned positive at Rs 41.53 lakh.

Likely market impact

Profitability has improved sharply year-on-year for shareholders, with PAT nearly doubling on a standalone basis. However, the Emphasis of Matter on loss-making subsidiaries with eroded net worth and continued negative consolidated operating cash flow remain points to watch for long-term sustainability.