Announced Fri, 7 Nov · 18:45 IST

We are submitting herewith the unaudited result for the quarter and half year ended September 30, 2025 along with the Auditor Report issued.

Revenue DeclinePat NegativeEbitda Margin CompressionQualified OpinionEmphasis Of MatterResults RestatedResults View source PDF

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Shervani Industrial Syndicate reported a sharp drop in revenues for Q2FY26, with standalone revenue from operations falling to Rs. 220 lakh from Rs. 1,847 lakh in Q2FY25 (down ~88%). Half-year standalone revenue fell to Rs. 999 lakh from Rs. 2,807 lakh. The company swung to a standalone net loss of Rs. 23 lakh in Q2FY26 versus a profit of Rs. 158 lakh a year ago, while H1FY26 standalone net profit collapsed to just Rs. 13 lakh from Rs. 154 lakh. Consolidated results also turned to a loss of Rs. 27 lakh in Q2FY26 versus a profit of Rs. 116 lakh prior. The Real Estate segment remained the primary contributor while the IT segment continued to post losses. Borrowings rose to Rs. 5,662 lakh (standalone) and advances from customers grew to Rs. 7,528 lakh, indicating strong booking activity.

Likely market impact

Sharp revenue decline and quarterly loss raise concerns on near-term earnings, though rising customer advances and positive operating cash flow of Rs. 3,532 lakh suggest healthy order book momentum in real estate. Shareholders should monitor whether revenue recognition picks up in coming quarters as projects are completed.