Outcome of Board Meeting.
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 4.2 pts less than Nifty Microcap 250 and 4.1 pts less than its Logistics Solution Provider peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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Shipwaves Online Ltd's Board approved audited standalone and consolidated financial results for the year ended 31st March 2026. Consolidated revenue declined to Rs. 9,116.72 lakhs from Rs. 10,828.41 lakhs in FY2025, a ~16% decrease. Profit after tax (consolidated) dropped significantly to Rs. 384.87 lakhs from Rs. 1,219.87 lakhs in the prior year, representing a ~68% decline. EPS fell from Rs. 1.15 to Rs. 0.33. The company raised Rs. 56.35 crores via IPO in December 2025. Operating cash flows were negative at Rs. 1,793.06 lakhs (consolidated) due to large working capital outflows, particularly in short-term loans and advances. Statutory auditors issued an unmodified opinion. The Board also approved appointment of M/s. Chethan Nayak & Associates as Secretarial Auditors for five years and amended the Insider Trading Code.
The stock may face pressure due to significant revenue and profit decline year-on-year despite recent IPO funding. Negative operating cash flow and rising short-term loans indicate liquidity stress that investors should monitor closely.