NSE: SHEKHAWATI · BSE: 533301
SHEKHAWATI INDUSTRIES LTD
Generates its entire FY26 revenue of ₹16.4482 crore from textile operations, with a real estate segment that recorded zero revenue in the same period. The textile business produced an EBIT of ₹11.3226 crore on that revenue. Materials make up 56.1% of revenue, employee costs 15.6%, other operating expenses 24.8%, and depreciation 6.7%. The company acquired additional land in Karjat, Maharashtra in May 2026 for future real estate development in the Mumbai Metropolitan Region, citing the upcoming Panvel-Karjat suburban railway and proximity to Navi Mumbai International Airport. A real estate segment has been disclosed in recent reports but has generated no revenue across the quarters on record. The board has proposed amending the Memorandum of Association to add renewable energy (solar, wind, hydrogen, EV charging) and agriculture as new business activities, pending shareholder approval at the June 2026 AGM. AR · MarketPing reader · 2026-08-02
Revenue streams, as the annual report describes them. Textile Operation (100%), Real Estate Operation (0%). Textile-focused company building out a real estate pipeline and proposing diversification into renewable energy and agriculture
Exhibit 1: Financial summary, FY22–FY26 (all audited; no estimate years)
| ₹ crore · standalone | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Revenue | 363 | 302 | 77 | 61 | 16 |
| EBITDA (ex other income) | (17) | (14) | 159 | 5 | 8 |
| margin % | (4.6) | (4.6) | 206.9 | 8.8 | 50.6 |
| Owners' profit | (24) | (21) | 154 | 6 | 9 |
| EPS, as reported (₹) | (0.71) | (0.61) | 4.47 | 1.82 | 2.55 |
| ROE % · ROCE % | 19.4 · 19.5 | 14.4 · 14.5 | 2117.4 · 971.9 | 47.6 · 45.7 | 40.1 · 38.0 |
| Debt / equity (x) | (1.60) | (1.37) | 0.00 | 0.00 | 0.00 |
| Cash from operations | 5 | 2 | 12 | (1) | (8) |
| Capex | (1) | (0) | (0) | (1) | (2) |
Exhibit 2: Quarterly performance, last 8 quarters
| ₹ crore | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 | Q4 FY26 | Q1 FY27 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 18 | 15 | 11 | 3 | 3 | 2 | 8 | 2 |
| Profit before tax | 3 | 2 | (0) | 3 | 2 | (1) | 5 | 7 |
| Net profit | 3 | 2 | (0) | 3 | 2 | (1) | 5 | 6 |
| EPS (₹) | 0.74 | 0.44 | (0.05) | 0.82 | 0.54 | (0.15) | 1.34 | 1.85 |
Exhibit 3: Segment revenue, FY26
| Segment | Revenue, ₹ crore | Share % |
|---|---|---|
| Textile Operation | 11 | 68.8 |
| Textile Operations | 5 | 31.2 |
| Total, before eliminations | 16 | 100.0 |
Exhibit 4: Filings of the last 90 days, with the measured price reaction
| Date · filing | Category | Importance | 1-day % | 5-day % |
|---|---|---|---|---|
| 24 Sept 2026 · Trading window closure from Oct 1 ahead of Q2 results | compliance | minimal | — | — |
| 21 Sept 2026 · Board approves up to 69% stake in Shekhawati New Energy LLP | strategic transactions | medium | — | — |
| 18 Sept 2026 · Shekhawati applies to reclassify Altius Buildcon from Promoter Group to Public | ownership changes | medium | — | — |
| 15 Sept 2026 · Board appoints Shrey Ruia as Executive Director; WTD Ravi Jogi resigns | management changes | medium | — | — |
| 15 Sept 2026 · Board updates at Shekhawati: new ED, WTD exit, promoter reclassified | management changes | high | — | — |
| 15 Sept 2026 · Board approves promoter reclassification, appoints new Executive Director | board shareholder meetings | medium | — | — |
| 11 Sept 2026 · Invests up to 70 percent in new real estate LLP as designated partner | strategic transactions | medium | — | — |
| 11 Sept 2026 · Promoter group entity Altius Buildcon seeks reclassification to Public category | ownership changes | medium | — | — |
| 13 Aug 2026 · Newspaper publication of Q1 FY27 unaudited financial results | compliance | minimal | — | — |
| 12 Aug 2026 · Q1 FY27: Net Profit Up 129% YoY to Rs 636.75 Lakhs | results | high | — | — |
How to read this document
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|---|---|---|
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Sources, method and disclosures
This document is a statistical summary of publicly filed information and market data, prepared by software from primary sources: SEBI results XBRL filed with BSE and NSE, LODR disclosures, shareholding patterns, exchange price data. It contains no research recommendation, no price target and no opinion on the merits of any security, and is not a research report within the meaning of the SEBI (Research Analysts) Regulations, 2014, Regulation 2(1)(w)(vii). Financial statements are as filed (consolidated where the company files consolidated results). Ratios are computed over filed lines. Where a figure is unavailable the table shows a dash rather than an estimate. The business brief is written by MarketPing's reader from the annual report and checked against it; no figure in a table was generated by a model. Nothing here constitutes investment advice, an offer or a solicitation; readers should consult a SEBI-registered adviser before acting. MarketPing is not a SEBI-registered intermediary.