Sanghvi Brands reported a consolidated net profit of ₹158.40 crore for FY26, marking a 56.4% increase from ₹101.27 crore in the previous year. The company’s total revenue grew to ₹1,461.43 crore, up from ₹1,219.87 crore.

The board decided against recommending a dividend for the financial year to retain internal accruals for future growth. The 16th Annual General Meeting is scheduled for September 18, 2026.

Financial Performance

Consolidated revenue from operations stood at ₹1,461.43 crore, compared to ₹1,219.87 crore in FY25. Other income declined to ₹28.48 crore from ₹57.29 crore. Total expenses rose to ₹1,299.83 crore from ₹1,169.22 crore.

On a standalone basis, the company recorded revenue of ₹911.56 crore, up from ₹851.94 crore. However, standalone net profit fell 21.8% to ₹85.00 crore from ₹108.70 crore, primarily due to higher operating and administrative expenses.

Subsidiary Results

Sanghvi Beauty & Salon Private Limited contributed significantly to the turnaround, reporting a profit of ₹76.14 crore against a loss of ₹3.74 crore in the prior year. Its revenue increased to ₹547.83 crore from ₹374.38 crore.

Sanghvi Fitness Private Limited incurred a narrower loss of ₹1.29 crore compared to ₹3.69 crore previously, with revenue rising slightly to ₹8.13 crore. The Sri Lankan subsidiary, Sanghvi Brands SL (Private) Limited, reported a loss of ₹1.45 crore with no operational revenue.

What the Numbers Show

The divergence between standalone and consolidated results highlights the group's reliance on its subsidiaries for profitability. While the holding company saw its standalone profit contract despite revenue growth, the consolidated bottom line expanded sharply. This indicates that the margin improvement and cost efficiencies are concentrated within the subsidiary operations, particularly Sanghvi Beauty & Salon, rather than at the parent entity level.

Governance and Audits

The board recommended the appointment of M/s. Komandoor & Co. LLP as statutory auditors for a five-year term, replacing M/s. B.K. Khare & Co., which completed its tenure. Audit fees for the new firm are proposed at ₹2.80 lakh per annum, down from ₹7.60 lakh paid to the outgoing auditors.

Mr. Rohit Prakash Bafana was appointed as an Independent Director for five years. Mr. Narendra Rikhabchand Sanghvi was re-appointed as a Non-Executive Director by rotation.

Sanghvi Brands Limited will hold a Board of Directors meeting on Monday, August 10, 2026, at 4:11 P.M. IST to approve its financial results for FY26 and schedule its 16th Annual General Meeting (AGM). The meeting, conducted via video conferencing and other audio-visual means (VC/OAVM), is critical for shareholders as it determines the timeline for voting on annual accounts and director re-appointments. This procedural step ensures compliance with corporate governance norms and prepares the ground for shareholder engagement later in the year.

The filing was made pursuant to Regulation 29 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. Sanghvi Brands Limited informed BSE Limited of the agenda items, which include the approval of the Board’s Report and the Annual Report for the Financial Year 2025–26. The company’s registered office is located at 105/2, Sanghvi House, Shivaji Nagar, Pune, Maharashtra 411005.

Key Agenda Items

The Board will deliberate on several key matters during the session. Beyond the financial approvals, the directors will finalize the notice for the 16th AGM, including its date, time, and mode of convening. Additionally, the Board will appoint an e-voting agency and a Scrutinizer to oversee the voting process for the upcoming general meeting.

Director Re-appointment

A significant item on the agenda is the recommendation for the re-appointment of Mr. Narendra Rikhabchand Sanghvi (DIN: 02912085). He retires by rotation at the ensuing Annual General Meeting, and his re-appointment is subject to shareholder approval. This standard rotation process ensures periodic renewal of director mandates while maintaining continuity in leadership.

The compliance officer and Company Secretary, Aman Sharma (Membership No.: A28639), signed the intimation from Pune. The company’s ISIN is INE204Y01010, and it trades under the symbol SBRANDS with BSE Scrip Code 540782. Shareholders should monitor subsequent filings for the exact date and time of the AGM once approved by the Board.