Press Release Q4 Results
SHINDL · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Sharat Industries reported strong full-year performance with revenue growing 37.89% YoY to Rs 524.72 crore and PAT rising 59.68% YoY to Rs 15.90 crore. EBITDA increased 26.16% to Rs 36.03 crore. However, Q4FY26 showed a sharp reversal with PAT dropping 89.84% YoY to just Rs 0.05 crore due to geopolitical disruptions from the Middle East conflict, elevated raw material prices, and additional repackaging and diversion costs for redirected shipments. EBITDA margins moderated by approximately 60 basis points for the full year due to cost pressures. The company successfully diversified into China, which grew from 1.4% to 19% of revenue, and launched a 1 MW solar project with 310 kW commissioned.
Strong full-year growth masked by a weak Q4; shareholders should monitor margin recovery as geopolitical and raw material headwinds persist, though market diversification (China, Russia) and cost-saving initiatives (solar project) provide long-term support.