As per the attached file outcome of the Board Meeting
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Shiv Texchem Ltd reported audited financial results for FY26 ending March 31, 2026. Total income increased 26.2% to Rs. 2,78,209 lakhs from Rs. 2,20,480 lakhs in FY25. Profit after tax grew 61.7% to Rs. 7,782 lakhs versus Rs. 4,811 lakhs previously. EPS stood at Rs. 49.61 vs Rs. 30.67. However, operating cash flow was significantly negative at Rs. 3,272 lakhs due to substantial increases in inventory (Rs. 15,852 lakhs) and trade receivables (Rs. 11,689 lakhs). The Board also appointed Mrs. Shruti Vyas as Additional Non-Executive Independent Director. The auditor issued an unmodified opinion but included an Emphasis of Matter regarding OFAC sanctions and inability to obtain Citibank confirmations for fixed deposits and WCDL facilities.
Strong revenue and PAT growth is positive for shareholders, but the company faces OFAC-related banking restrictions and significant negative operating cash flow, which could impact near-term liquidity and financial flexibility.