As per attached herewith
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Shiv Texchem Ltd reported total income of Rs 2,78,209 Lakhs for FY2025-26, up 26.2% from Rs 2,20,480 Lakhs in the prior year. Net profit after tax grew 61.7% to Rs 7,782 Lakhs from Rs 4,811 Lakhs. EPS stood at Rs 49.61 vs Rs 30.67 prior year. However, the company posted a deeply negative operating cash flow of Rs -32,716 Lakhs, driven by large increases in inventory (up Rs 15,852 Lakhs) and trade receivables (up Rs 11,689 Lakhs). Total borrowings surged to Rs 70,053 Lakhs (D/E of ~1.7x) from Rs 40,925 Lakhs. The auditor issued an unmodified opinion but included an Emphasis of Matter citing OFAC sanctions restricting U.S.-linked banking channels and inability to obtain Citibank balance confirmations for fixed deposits and WCDL facilities. Interest income of Rs 48.18 Lakhs and interest expense of Rs 10.81 Lakhs were recognised provisionally. The board also appointed Mrs. Shruti Vyas as Additional Non-Executive Independent Director.
Strong top-line and bottom-line growth is positive, but the large negative operating cash flow and surging debt levels raise concerns about working capital management and financial risk. The OFAC-related banking restrictions add material uncertainty around financial obligations and asset management.