Maheshwari Logistics reports FY26 results, no dividend

1 min read     Updated on 02 Jun 2026, 06:25 AM
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Suketu GScanX News Team
AI Summary

Maheshwari Logistics Limited reported a standalone net profit of ₹1,634.93 lakh and consolidated profit of ₹1,709.57 lakh for FY26. Revenue from operations increased to ₹1,06,649.37 lakh on a standalone basis and ₹1,11,000.63 lakh on a consolidated basis. The board approved the audited financial results on May 30, 2026, and decided not to recommend a final dividend for the year.

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Maheshwari Logistics Limited reported a standalone net profit of ₹1,634.93 lakh for the financial year ended March 31, 2026, while consolidated profit stood at ₹1,709.57 lakh. The company's board approved the audited standalone and consolidated financial results for the quarter and year ended March 31, 2026, during a meeting held on May 30, 2026. Despite the profitability, the board decided not to recommend any final dividend for the financial year.

The statutory auditors, M/s. Kakaria and Associates LLP, issued an audit report with an unmodified opinion regarding the annual audited standalone and consolidated financial results. The auditors confirmed that the financial results give a true and fair view in conformity with the recognition and measurement principles laid down in the applicable Indian Accounting Standards. For the consolidated results, the audit report noted that one subsidiary received a qualified opinion regarding non-compliance with Ind AS 19 related to employee benefits, though this did not modify the overall opinion on the consolidated figures.

Revenue from operations for the standalone entity increased to ₹1,06,649.37 lakh in FY26 from ₹94,980.92 lakh in the previous year. On a consolidated basis, revenue from operations rose to ₹1,11,000.63 lakh from ₹97,371.97 lakh in the same period. The total comprehensive income for the year was ₹1,650.08 lakh on a standalone basis and ₹1,724.72 lakh on a consolidated basis.

Financial Performance

The company's earnings per share (EPS) for the continuing operations on a standalone basis was ₹5.52 for the year ended March 31, 2026, compared to ₹5.93 in the previous year. Consolidated EPS for the same period was ₹5.69, down from ₹6.13 in the prior year. The board also re-appointed M/s. Shailendra Jain & Associates as the Internal Auditor of the company for the financial year 2026-27.

Key Financial Metrics

Metric Standalone FY26 (₹ Lakh) Standalone FY25 (₹ Lakh) Consolidated FY26 (₹ Lakh) Consolidated FY25 (₹ Lakh)
Revenue from Operations 1,06,649.37 94,980.92 1,11,000.63 97,371.97
Total Income 1,07,338.04 95,476.97 1,11,000.63 97,371.97
Total Expenses 1,00,147.08 88,478.39 1,04,419.27 89,855.13
Net Profit 1,634.93 1,756.46 1,709.57 1,841.95
Earnings Per Share (Basic) 5.52 5.93 5.69 6.13

Historical Stock Returns for Maheshwari Logistics

1 Day5 Days1 Month6 Months1 Year5 Years
+6.52%+16.95%+24.00%+29.69%+5.09%-43.22%

What strategic initiatives will the company prioritize with the retained earnings given the decision to withhold a final dividend?

How does the company plan to address the subsidiary's non-compliance with Ind AS 19 to prevent future audit qualifications?

What measures are being taken to reverse the decline in Earnings Per Share despite the increase in revenue?

Maheshwari Logistics appoints Shailendra Jain & Associates as internal auditor for FY27

1 min read     Updated on 31 May 2026, 03:32 AM
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Anirudha BScanX News Team
AI Summary

Maheshwari Logistics Limited has appointed M/s. Shailendra Jain & Associates as its internal auditor for the financial year 2026-27. The Board of Directors approved the appointment on May 30, 2026. The firm possesses expertise in tax, audit, risk management, and compliance.

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Maheshwari Logistics Limited has appointed M/s. Shailendra Jain & Associates as its internal auditor for the financial year 2026-27. The Board of Directors approved the appointment during its meeting held on May 30, 2026. The firm will serve in this capacity for the duration of the upcoming financial year.

The appointment was made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. M/s. Shailendra Jain & Associates brings experience in direct and indirect tax, internal audit, quality assurance, risk management, and compliance.

Details of Appointment

The following table outlines the key details regarding the new internal auditor:

Particular Details
Name M/s. Shailendra Jain & Associates
Reason for change Appointment as Internal Auditor
Date of appointment May 30, 2026
Terms of appointment Financial year 2026-27
Brief Profile Experience in direct and indirect tax, internal audit, quality assurance, risk management, audit disciplines, compliance, external audit, and internal control.

The disclosure regarding the appointment was submitted to the National Stock Exchange of India Limited. Gaurav Rajesh Jhunhunwala, Company Secretary & Compliance Officer, signed the intimation on behalf of Maheshwari Logistics .

Historical Stock Returns for Maheshwari Logistics

1 Day5 Days1 Month6 Months1 Year5 Years
+6.52%+16.95%+24.00%+29.69%+5.09%-43.22%

What specific compliance or risk management improvements does Maheshwari Logistics aim to achieve with this new appointment?

How might the expertise of Shailendra Jain & Associates in direct and indirect tax impact the company's future tax planning strategies?

Will this change in internal auditor lead to any modifications in the company's financial reporting processes for FY 2026-27?

More News on Maheshwari Logistics

1 Year Returns:+5.09%