Pursuant to Regulation 30 and Regulation 33 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we wish to inform you that the Board of Directors at its meeting ....
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Shah Construction Company Ltd held its Board meeting on 28th May 2026 and approved the audited financial results for Q4 and year ended 31st March 2026. The company reported a net loss of Rs. 175.36 lakhs for FY 2025-26, significantly improved from the loss of Rs. 269.07 lakhs in the previous year. Revenue from operations stood at Rs. 52,439 lakhs showing growth from the prior year. The statutory auditors M/s Mittal & Associates issued an audit report with an unmodified (clean) opinion. The Board reappointed Mr. Hitesh Popatlal Sangoi as Non-Executive Independent Director for a second term of 5 years. No dividend was recommended for FY 2025-26. The company has negative reserves of Rs. 9,729.69 lakhs and negative operating cash flow of Rs. 272.38 lakhs for the year.
The company continues to incur losses but at a reduced pace compared to the previous year. The clean audit opinion provides some comfort, however the accumulated negative reserves and negative operating cash flows indicate ongoing financial stress. No dividend is a concern for income-seeking investors.