Shree Rama Multi-Tech Limited has submitted to the Exchange, the Audited Financial Results on standalone basis for the quarter and year ended on 31st March, 2026
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Shree Rama Multi-Tech Limited reported standalone revenue of Rs 23,967.74 Lakhs for FY26, up 15.3% from Rs 20,783.87 Lakhs in FY25. Net profit surged 84% to Rs 2,476.23 Lakhs from Rs 1,345.57 Lakhs. Q4 FY26 net profit stood at Rs 471.54 Lakhs. The company's auditors (Mahendra N. Shah & Co.) issued a Qualified Opinion due to non-consolidation of accounts of Shree Rama (Mauritius) Limited, its wholly-owned subsidiary declared defunct under Mauritius law since 2009, making consolidated financial statements impossible per Ind AS 110. Deferred tax assets of Rs 2,984.93 Lakhs were recognised on unabsorbed depreciation. The company also made a provision of Rs 70.04 Lakhs towards past service cost under new Labour Codes effective November 2025.
Strong bottom-line growth with 84% PAT increase is positive, but the Qualified Opinion on the audit report and non-consolidation of the defunct Mauritius subsidiary raises governance concerns for investors.