Outcome of Board meeting held on 28th May, 2026
SHIVAMAUTO · price
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Shivam Autotech Limited reported a net loss of Rs. 8,205.27 lakh for FY 2025-26, nearly doubling from Rs. 4,740.35 lakh loss in the previous year. Revenue from operations declined to Rs. 40,957.97 lakh from Rs. 45,398.28 lakh, representing a ~10% drop. The company generated EBITDA of Rs. 3,179.99 lakh but faces severe balance sheet stress with negative net worth of Rs. 4,068.21 lakh and current liabilities exceeding current assets by Rs. 5,060.08 lakh. The auditors issued an unmodified opinion but included an Emphasis of Matter regarding the company's ability to continue as a going concern, given the negative equity and working capital deficit. The Board also re-appointed internal auditors for FY 2026-27. Significant related party transactions include Rs. 900 lakh loans from the holding company (Dayanand Munjal Investments Pvt Ltd) and Rs. 948.23 lakh finance costs to the same entity.
The company is in significant financial distress with negative net worth and high leverage. While EBITDA generation shows operational recovery potential, the negative equity and heavy reliance on the holding company for financing pose substantial risk. Shareholders should monitor the strategic refinancing plans and operational performance closely.