Pursuant to Regulation 30 & 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we wish to inform you that the Board of Directors at their Meeting held ....
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Awaiting price reaction for this filing.
Shiva Suitings' board approved unaudited Q2 and H1 FY26 results on 12th November 2025. Q2 revenue collapsed to ₹30.81 lakhs, down sharply from ₹87.87 lakhs in Q2 FY25 (a ~65% year-on-year decline). H1 FY26 revenue stood at ₹117.87 lakhs versus ₹160.08 lakhs in H1 FY25. The company reported a small Q2 loss after tax of ₹0.49 lakhs, though H1 FY26 PAT was marginally positive at ₹0.27 lakhs versus a loss of ₹1.29 lakhs in H1 FY25. Total expenses actually rose in Q2 to ₹33.92 lakhs from ₹20.03 lakhs a year ago, squeezing margins. The balance sheet shows a dramatic inventory build-up to ₹329.13 lakhs (from ₹26.82 lakhs), and cash has dwindled to just ₹0.71 lakhs. Net cash from operating activities turned negative at ₹(2.14) lakhs. The statutory auditor (V.K. Beswal & Associates) issued an unqualified limited review report.
Sharply falling revenue, rising expenses, a negative operating cash flow, and very low cash balances point to operational stress that could weigh on the stock. Shareholders should watch for any update on the order book and working capital, as the company appears to be carrying heavy inventory on a thin cash base.