We wish to inform you that the Board of Directors of the Company approved the financial results for the quarter and year ended on 31.03.2026
SHIVALIK · price
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Shivalik Rasayan Limited reported FY26 standalone revenue of Rs 17,120 lakh, up 13% from Rs 15,129 lakh in FY25. However, standalone net profit dropped sharply to Rs 817 lakh from Rs 1,387 lakh, a decline of about 41%. Consolidated revenue rose to Rs 37,208 lakh from Rs 32,008 lakh (up 16%), with consolidated PAT of Rs 1,214 lakh versus Rs 1,670 lakh (down 27%). Basic EPS fell from Rs 8.80 to Rs 5.19 on standalone basis. The Board recommended a final dividend of 10% (Rs 0.50 per share). API segment continues to be a drag with losses of Rs 643 lakh, though partially offset by Agrochemicals profit of Rs 2,202 lakh. Internal auditor was changed to M/s Arun Agarwal & Co and Cost Auditor appointed as Cheena & Associates. Mr. Sanjay Bansal resigned as Non-Executive Director and board committees were reconstituted.
Despite healthy revenue growth, the sharp 41% PAT decline on standalone basis signals margin pressure and operational challenges, particularly in the API business. The clean audit opinion provides assurance but investors may be cautious given the profit contraction. The dividend announcement provides some investor comfort.