Disclosure under Regulation 47 of SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015 - Financial Results published in Newspaper
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Spice Islands Industries Ltd filed its audited financial results for Q4 and full year ended March 31, 2026, which were published in The Free Press Journal (English) and Nav Shakti (Marathi) on May 31, 2026 after board approval on May 29, 2026. Revenue from operations jumped to ₹1,789.10 lakhs in FY26 from just ₹77.87 lakhs in FY25, with profit after tax rising sharply to ₹566.24 lakhs (FY25: ₹47.73 lakhs) and EPS at ₹11.45 vs ₹1.11. The company now operates across three segments — EV rental (FY revenue ₹123.78 lakhs), Food & Beverages (₹854.27 lakhs), and Hospitality (₹811.05 lakhs) — with Hospitality contributing the bulk of segment profit (₹361.92 lakhs). Equity strengthened to ₹1,402.17 lakhs from ₹235.70 lakhs, aided by conversion of 19.33 lakh warrants into equity shares at ₹45 each in December 2025. The board proposed a final dividend of ₹0.60 per share on top of two interim dividends of ₹0.50 each declared earlier in FY26.
This is a routine Reg 47 newspaper-publication filing, but the underlying numbers show a dramatic business turnaround — revenue and profits have multiplied several-fold year-on-year as new segments (EV rental, F&B, hospitality) have scaled up, and shareholder returns have begun via dividends. The stock could see positive attention given the sharp improvement in profitability, stronger balance sheet, and first dividend declarations.