Shiva Texyarn Limited has submitted to the Exchange, the financial results for the period ended March 31, 2026.
SHIVATEX · price
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Shiva Texyarn Limited reported audited financial results for FY2026 with standalone revenue from operations of Rs 34,052.40 lakhs, up 5.5% from Rs 32,270.74 lakhs in FY2025. Profit before tax grew 37.4% to Rs 1,299.61 lakhs from Rs 945.87 lakhs, while profit after tax increased 38.5% to Rs 1,348.40 lakhs from Rs 973.80 lakhs. The company recommended a dividend of Rs 3 per share (face value Rs 10). Key management appointments include Sri M Gopalakrishnan elevated as COO (Lamination Division) and Sri G K Raman appointed as President - Strategic Affairs. The board also approved amendments to the Memorandum of Association and adoption of new Articles of Association aligned with Companies Act 2013. Statutory auditors issued an unmodified (clean) opinion on the financial statements.
The company delivered strong profit growth of around 38% year-on-year with improved operational performance, suggesting solid execution. The clean audit opinion and dividend recommendation are positive signals for shareholders. Reduced borrowings indicate improved financial leverage.