Result for the year ended 2025-2026
SHIVAMAUTO · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Shivam Autotech reported a net loss of Rs. 8,133.16 lakh for FY2025-26, nearly double the Rs. 4,804.19 lakh loss in FY2024-25. Revenue declined by ~10% to Rs. 40,958 lakh from Rs. 45,398 lakh the previous year. The company has negative net worth of Rs. 4,068.21 lakh and current liabilities exceed current assets by Rs. 5,060.08 lakh. However, EBITDA remained positive at Rs. 3,179.99 lakh and the company states it met all debt obligations on time. The auditor issued an unmodified opinion but included an Emphasis of Matter highlighting going concern risks due to accumulated losses and negative working capital. The company completed issuance of 12,000 Optionally Convertible Debentures in February 2026 for strategic refinancing.
The significant widening of losses, negative net worth, and auditor's going concern emphasis signal high financial stress. While positive EBITDA and debt servicing provide some comfort, shareholders should be cautious given the deteriorating financial position and reliance on refinancing to sustain operations.