Sri M Gopalakrishnan is elevated as a Chief Operating Officer (Lamination Division) under the category of Senior Management Personnel of the Company w.e.f 27.05.2026 and Sri G K Raman is ....
SHIVATEX · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Shiva Texyarn reported audited standalone FY2025-26 results with total income of Rs 34,052.40 lakhs (vs Rs 32,270.74 lakhs prior year), a ~5.5% revenue increase. Profit before tax grew to Rs 1,348.40 lakhs from Rs 945.87 lakhs (+42.5%), and profit after tax rose to Rs 1,299.61 lakhs from Rs 887.38 lakhs (+46.5%). The Board recommended a dividend of Rs 3 per share (30% on Rs 10 face value), subject to AGM approval. Two senior management appointments were made: Sri M Gopalakrishnan elevated as COO (Lamination Division) and Sri G K Raman appointed as President - Strategic Affairs, both effective 27.05.2026. The company also proposed amendments to its Memorandum and Articles of Association and appointed Sri M Nagarajan as Cost Auditor for FY2026-27. VKS Aiyer & Co issued an unmodified audit opinion. Total assets declined to Rs 26,990.02 lakhs (from Rs 30,348.05 lakhs) while borrowings reduced significantly from Rs 9,377.59 lakhs to Rs 6,983.11 lakhs.
Strong bottom-line growth of ~46.5% PAT, a clean audit with unmodified opinion, and a 30% dividend payout signal financial health. However, modest top-line growth of ~5.5% and declining total assets suggest caution. The senior management restructuring and governance updates are routine administrative matters with neutral market impact.