To approve the Audited Financial Rsults ( Standalone & Consolidated) of the Company for year ended 31.03.2026
SHIVATEX · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 3.6 pts less than Nifty Microcap 250 and 3.6 pts less than its Other Textile 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 Texyarn reported FY2026 standalone revenue of Rs 34,052.40 lakhs, up 5.5% from Rs 32,270.74 lakhs in FY2025. However, profit after tax declined 17% to Rs 1,037.15 lakhs from Rs 1,249.01 lakhs in the prior year. EBITDA margin compressed from ~11.6% to ~11.2% as input cost pressures weighed on profitability. The company recommended a dividend of Rs 3 per share (face value Rs 10). Auditors issued an unmodified (clean) opinion on both standalone and consolidated financial statements. Two senior management appointments were made — M Gopalakrishnan elevated as COO (Lamination Division) and G K Raman appointed as President – Strategic Affairs. The company also proposed amendments to its Memorandum and Articles of Association and appointed M Nagarajan as Cost Auditor for FY2026-27. Consolidated results include the associate L.K. Distributors Private Limited.
Revenue grew modestly but profitability declined significantly due to margin compression, indicating cost pressures in the textile business. The clean audit opinion and dividend recommendation are positives, but the PAT decline of 17% may weigh on investor sentiment in the near term.