Outcome of the Board Meeting held on 13th February, 2026
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The board of Shrydus Industries approved unaudited standalone and consolidated financial results for the quarter and nine months ended December 31, 2025. Revenue from operations on a consolidated basis collapsed sharply to Rs 20 lakh in Q3 FY26 from Rs 451.25 lakh in Q3 FY25, while nine-month revenue fell steeply to Rs 451.25 lakh from Rs 3,529.41 lakh in the prior-year period — a roughly 87% YoY decline. The company reported a small net loss of around Rs 3.38 lakh for the nine-month consolidated period versus a profit of Rs 2.58 lakh a year ago, with basic EPS at Rs 2.33 and diluted EPS at Rs (0.01). The wholly-owned subsidiary Roopyaa General Trading Co. L.L.C. had NIL business activity during the quarter. Statutory auditor Rajesh H Gupta & Co. issued an unqualified limited review report, but management flagged that the deferred tax asset has not been recognised due to 'uncertainty in revenue and earnings in future,' which is a notable caution signal.
Sharp revenue erosion, a swing to loss, a dormant subsidiary and management's own admission of uncertainty around future earnings point to serious business stress for shareholders — likely to weigh negatively on sentiment and the stock price in the near term.