Outcome of Board Meeting & Submission of Audited Financial Results for the Quarter and Year ended on 31/03/2026.
SHRIKRISH · price
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Shri Krishna Devcon Limited reported audited standalone and consolidated results for FY2026 (year ended March 31, 2026). Total income declined to Rs 2,186.77 lakhs from Rs 2,743.49 lakhs in FY2025, representing a ~20% revenue drop. Net profit after tax fell to Rs 455.65 lakhs from Rs 492.30 lakhs (~7.4% decline). EPS stood at Rs 1.63 vs Rs 1.76 in the prior year. The auditors issued an unmodified (clean) opinion with no qualifications. The company's declaration under Regulation 33(3)(d) confirms no audit modifications. Notably, operating cash flow turned negative at Rs -455.80 lakhs (vs +Rs 1,016.02 lakhs in FY2025), driven largely by a Rs 1,698.42 lakh inventory buildup. Short-term borrowings increased significantly to Rs 3,284.66 lakhs from Rs 2,028.72 lakhs year-on-year.
The ~20% revenue decline and negative operating cash flow despite maintaining profits signal working capital stress. Investors should monitor inventory liquidation and debt repayment capability. The clean audit provides some comfort.