Shree Ram Twistex Limited has informed the Exchange about General Updates
SRTL · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Shree Ram Twistex Limited, a cotton yarn manufacturer listed on BSE (544716) and NSE (SRTL), held its Board meeting on May 13, 2026 and approved its audited financial results for Q4 and FY ended March 31, 2026. For the full year, total income stood at Rs 27,406.53 lakh and net profit after tax was Rs 1,416.51 lakh — up significantly from Rs 799.59 lakh in the prior year, representing ~77% YoY profit growth. EPS for FY26 is Rs 4.67 versus Rs 2.72 in FY25. The company listed its IPO on March 2, 2026, raising Rs 11,024 lakh through a fresh issue of 1.06 crore shares at Rs 104 each. The Board also appointed Mr. Vishal H. Mehta as Internal Auditor and Mr. Tadhani Niketan Govindbhai as Cost Auditor for FY27. Statutory auditors Doshi & Doshi & Co. issued an unmodified opinion on the annual results. A separate filing confirms no deviations in the use of IPO proceeds, which were allocated to solar/wind power plants (Rs 4,634.55 lakh), debt repayment (Rs 1,489 lakh), working capital (Rs 4,400 lakh), and issue expenses (Rs 500.45 lakh).
Strong profit growth of ~77% YoY and clean audit opinion are positive signals for investors. The recent IPO listing and full utilization of IPO funds per the stated objects add credibility. However, net operating cash outflow of Rs 2,265.58 lakh (driven largely by inventory buildup of Rs 8,271.71 lakh) warrants monitoring.