Outcome of Board Meeting
SHREYANIND · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 0.6 pts less than Nifty Microcap 250 and 0.5 pts more than its Paper & Paper Products peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
Minute windows have no benchmark: there is no intraday index history to compare against.
Shreyans Industries reported FY2026 audited results with revenue essentially flat at Rs 62,283.09 lakhs (vs Rs 61,676.63 lakhs in FY25). However, profit before tax collapsed to Rs 778.43 lakhs from Rs 6,774.83 lakhs in FY25, and net profit dropped to Rs 646.78 lakhs from Rs 5,060.15 lakhs — a staggering 87% decline. The Q4 quarter alone showed a loss of Rs 1,048.30 lakhs. Cost pressures were evident: raw material costs rose to Rs 30,566.54 lakhs (up from Rs 26,633.02 lakhs) and power & fuel expenses jumped to Rs 13,385.32 lakhs (up from Rs 10,919.29 lakhs). Other income also declined to Rs 1,142.40 lakhs from Rs 1,781.07 lakhs. The Board recommended a final dividend of Rs 1.50 per share. Three Oswal family directors were re-appointed for 3-year terms, and Amit Arora was appointed as new CFO replacing Rakesh Kumar Mahajan who retired on superannuation.
The stock faces significant pressure as FY26 PAT plummeted 87% to Rs 646.78 lakhs, with Q4 showing a loss. While the dividend provides some investor cushion and the audit opinion is clean, the sharp profit contraction from cost inflation suggests margin recovery will be the key watchpoint in coming quarters.