Jiwanram Sheoduttrai Industries Limited reported its audited standalone financial results for the year ended 31st March, 2026, alongside the resignation of an independent director. The board approved the results in a meeting held on Saturday, 30th May, 2026, in compliance with Regulation 30 and 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The statutory auditors, M/s Jain Sonu & Associates, Chartered Accountants, issued an unmodified opinion on the financial results.

Financial Performance: FY26 vs FY25

The company, primarily engaged in the manufacturing and trading of Industrial Leather Safety Gloves, Garments and allied activities, reported a marginal decline in revenue but an increase in total income for the year ended 31st March, 2026. All figures are in Lakhs unless otherwise stated.

Revenue from operations for FY26 was ₹5,387.21 lakhs, marginally lower compared to ₹5,390.06 lakhs in FY25. Total income rose to ₹5,782.92 lakhs from ₹5,573.32 lakhs in the prior year, supported by higher other income of ₹395.71 lakhs versus ₹183.26 lakhs. Profit before tax stood at ₹130.29 lakhs for FY26 against ₹229.75 lakhs in FY25.

Half-Year Performance Snapshot

For the half year ended 31st March, 2026, the company reported revenue from operations of ₹4,277.44 lakhs and total income of ₹4,593.20 lakhs. Profit before tax for the second half stood at ₹55.79 lakhs, compared to ₹104.94 lakhs in the corresponding half year ended 31st March, 2025. Basic and diluted EPS for the half year ended 31st March, 2026 was ₹0.10.

Balance Sheet Highlights

The company's total assets as on 31st March, 2026 stood at ₹15,442.31 lakhs, compared to ₹13,620.54 lakhs as on 31st March, 2025. Key balance sheet items are summarised below:

Cash Flow Summary

Net cash flow from operating activities for the year ended 31st March, 2026 was ₹294.98 lakhs, compared to ₹306.80 lakhs in the prior year. Cash and cash equivalents at the end of the year stood at ₹149.83 lakhs, up from ₹35.32 lakhs at the beginning of the year, reflecting a net increase of ₹114.49 lakhs during the year.

Board-Level Development: Independent Director Resignation

The board noted the resignation of Mr. Apurva Kumar Sinha (DIN: 03140789) as Non-Executive Independent Director, effective from the close of business hours on 30th May, 2026. Mr. Sinha cited personal business commitments as the reason for his resignation and confirmed that there are no other material reasons beyond those stated in his resignation letter dated 30th May, 2026. He held no directorships in any other listed entity at the time of resignation.

IPO Proceeds and Compliance Disclosures

The company confirmed that it has fully utilised Rs. 17.07 crores, the proceeds from the Initial Public Offer raised during financial year 2023-2024, within 31st March, 2024, and no amount from the IPO remains unutilised as on 31st March, 2026. The company also declared that it has not defaulted on loans and debt securities during the financial year ended 31st March, 2026. Jiwanram Sheoduttrai Industries is not categorised as a Large Corporate as per the applicable SEBI Master Circular provisions.

The promoters of jiwanram sheoduttrai industries Limited have submitted a formal declaration confirming that no encumbrance was created on their shareholding at any time during the financial year 2025-2026. The declaration, dated 17th April 2026, was filed in compliance with Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The filing was addressed to both the National Stock Exchange of India Ltd's Emerge SME Platform and the company's Audit Committee.

Regulatory Compliance Under SEBI Takeover Regulations

The declaration has been made in terms of Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. Under this regulation, promoters of listed companies are required to annually affirm that they have not created any encumbrance — directly or indirectly — on the shares of the target company held by them. The disclosure covers the entire financial year 2025-2026 and applies to both direct and indirect holdings.

Promoters Covered Under the Declaration

The declaration has been filed on behalf of five promoter entities, comprising individuals and a Hindu Undivided Family (HUF). The complete list of promoters covered is as follows:

The declaration has been digitally signed by Alok Prakash on 17th April 2026 on behalf of all the listed promoter entities.

Filing Details

The disclosure was submitted to the following authorities:

• National Stock Exchange of India Ltd, Emerge SME Platform, Exchange Plaza, Plot No. C/1, Block - G, Bandra-Kurla Complex, Bandra (E), Mumbai – 400051
• Audit Committee, Jiwanram Sheoduttrai Industries Limited, 30D, J.L. Nehru Road, Kolkata-700016

This filing reaffirms the promoters' compliance with SEBI's disclosure requirements pertaining to promoter shareholding encumbrance for the financial year 2025-2026.