BSEShangar Decor LtdHighNeutral
Announced Thu, 28 May · 15:56 IST

Submission of Audited Standalone financial Results for the quarter and Year ended 31st march,2026

Emphasis Of MatterRevenue Growth 20pctPat Growth 25pctEbitda Margin ExpansionResults 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

Shangar Decor Ltd reported strong financial performance for FY2026 ended March 31, 2026. Revenue from operations grew 25.2% to Rs. 2,326.64 Lakhs from Rs. 1,858.95 Lakhs in FY2025. Net profit (PAT) increased significantly to Rs. 147.46 Lakhs from Rs. 80.91 Lakhs, representing 82.3% growth. EBITDA margin expanded from approximately 16.3% to 22.9%. The statutory auditor issued an unmodified opinion, though the audit report contains an Emphasis of Matter noting inadequate documentation for trade receivables, payables, inventory valuation, loan agreements, and MSME creditor bifurcation non-compliance. The Board also recommended regularizing appointment of two new Independent Directors - Mr. Darshil H. Shah and Mr. Konark Patel, both effective April 3, 2026 for 5-year terms.

Likely market impact

Positive signal from strong revenue and profit growth with margin expansion, though auditors flagged concerns about documentation quality and compliance gaps which shareholders should monitor for potential future impact.