The Board of Directors at their meeting held today have inter-alia approved the Audited Standalone financial results for the quarter and financial year ended March 31, 2026.
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 4.3 pts less than Nifty Microcap 250 and 3.4 pts less than its Cement & Cement Products peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
Minute windows have no benchmark: there is no intraday index history to compare against.
Shiva Cement reported audited standalone financial results for FY 2025-26 with revenue from operations at Rs 43,516.77 lakhs, up 39.8% from Rs 31,117.22 lakhs in the previous year. However, the company continues to incur significant losses with net loss of Rs 12,553.25 lakhs for FY 2025-26, though this is an improvement from Rs 14,247.68 lakhs loss in FY 2024-25. The auditors from Shah Gupta & Co. issued an unmodified (clean) opinion. A material uncertainty regarding going concern was flagged as the company has accumulated losses of Rs 55,918.60 lakhs and negative other equity of Rs 8,095.44 lakhs. An exceptional item of Rs 186.04 lakhs was recorded due to Labour Code implementation. The company also appointed new Internal Auditor and Cost Auditor for FY 2026-27.
Despite revenue growth, the company remains deeply loss-making with negative equity, raising significant going concern doubts. The stock may face pressure due to persistent losses and accumulated deficit despite operational improvements.