Sarveshwar Foods Limited reported an 18.2% rise in consolidated net profit to ₹3,181.69 lakh for the financial year ended March 31, 2026, compared to ₹2,691.88 lakh in the previous year. The company's total revenue for the year increased to ₹1,35,059.05 lakh from ₹1,14,171.95 lakh in FY25. On a standalone basis, net profit for the year rose to ₹1,043.78 lakh, while total revenue stood at ₹66,806.90 lakh.

Consolidated Performance

For the quarter ended March 31, 2026, the company reported a consolidated net profit of ₹734.84 lakh, a decrease from ₹860.62 lakh in the same quarter of the previous year. Total revenue for the quarter was ₹38,416.13 lakh. The profit before tax for the year was ₹4,311.04 lakh. Earnings per share (EPS) on a consolidated basis for the year was ₹0.29, compared to ₹0.27 in the previous year.

Standalone Results

Standalone net profit for the quarter ended March 31, 2026, was ₹45.52 lakh, down from ₹128.76 lakh in the corresponding quarter of the previous year. Total standalone revenue for the quarter was ₹20,173.20 lakh. For the full year, standalone profit before tax was ₹1,431.87 lakh. The EPS for the year remained flat at ₹0.09.

Financial Position

The company's total assets as per the consolidated balance sheet stood at ₹1,08,880.12 lakh as of March 31, 2026, up from ₹90,598.03 lakh in the previous year. Total equity increased to ₹47,752.61 lakh from ₹30,464.91 lakh. The cash flow from operating activities for the year was negative at ₹6,309.79 lakh, primarily due to working capital changes.

Segment Revenue

Revenue from the domestic segment for the year stood at ₹1,28,249.61 lakh, while exports contributed ₹6,310.53 lakh. The Board of Directors approved the audited financial results at its meeting held on June 5, 2026. The statutory auditor, KRA & Co., audited the results in accordance with the Standards on Auditing specified under the Companies Act, 2013.

Sarveshwar Foods secured shareholder approval for seven key resolutions through a postal ballot process that concluded on June 15, 2026. The outcomes authorize the company to raise funds through Qualified Institutional Placement (QIP) and Foreign Currency Convertible Bonds (FCCB), alter its capital structure, and re-appoint an independent director. These approvals provide the company with the necessary flexibility to enhance its capital base and borrowing limits for future growth initiatives.

The Board of Directors, at its meeting on May 14, 2026, had decided to seek member consent via postal ballot under Section 110 of the Companies Act, 2013, and relevant SEBI regulations. The remote e-voting facility was operational from May 16, 2026, until June 15, 2026, allowing shareholders to cast their votes on the proposed agenda items.

Key Resolutions Approved

The postal ballot notice covered several financial and governance matters, all of which received shareholder consent. The resolutions included raising funds through various permissible modes and increasing the authorized share capital. Shareholders also approved the enhancement of borrowing limits and the creation of charges or security under Section 180(1)(c) of the Companies Act, 2013.

Governance and Process

The notice of the postal ballot was dispatched to members via email on May 15, 2026. Public notices were also advertised in the Financial Express and Daily Taskeen on May 16, 2026, to inform shareholders about the remote e-voting process. Bigshare Services Private Limited acted as the Registrar and Share Transfer Agent, providing the e-voting infrastructure.

Mr. Suresh Kumar Pillay, a Practicing Company Secretary (CP No. 21089), was appointed as the Scrutinizer to ensure the voting process was conducted fairly. The Scrutinizer is required to submit a report on the postal ballot results within two working days from the conclusion of the remote e-voting. The final voting results will be intimated to the stock exchanges and uploaded on the company's website.

Source: https://lodr-files.dhan.co/lodr-inputs/Company/INE324X01026/ee92e7ecc3874bf2.pdf