Board of Directors have approved the Audited Financial Results for the quarter/year ended 31.3.2026 and have not recommended any Dividend for the Financial Year 2025-26
SHIVAMILLS · price
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Shiva Mills Limited reported a net loss of Rs 47.09 lakhs for FY 2025-26, a significant improvement from the Rs 424.73 lakhs loss in the previous year. Revenue from operations declined by approximately 17.8% to Rs 13,913.67 lakhs from Rs 16,930.54 lakhs. Q4 FY26 showed a profit of Rs 140.62 lakhs versus a loss of Rs 76.83 lakhs in Q4 FY25. The company generated positive operating cash flow of Rs 1,623.59 lakhs and reduced borrowings to zero from Rs 988.58 lakhs. Cash position improved substantially to Rs 503.87 lakhs from Rs 39.19 lakhs. The Board did not recommend any dividend for FY 2025-26. Statutory auditors are changing from VKS Aiyer & Co to CSR & Co due to completion of tenure.
The company returned to profitability in Q4 and significantly reduced annual losses, though full-year revenue declined substantially. The zero borrowings and strong cash position indicate improved financial health. No dividend payout reflects management's preference to conserve cash.