Sellwin Traders appoints M/s. S.P. Patel & Co. as internal auditor for FY27

1 min read     Updated on 30 May 2026, 01:06 PM
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Sellwin Traders Limited has appointed M/s. S.P. Patel & Co. as its internal auditor for FY27 to comply with regulatory norms. The Board approved the appointment on May 30, 2026. The firm has over seven years of experience in audit and taxation.

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Sellwin Traders Limited has appointed M/s. S.P. Patel & Co. as its internal auditor for the financial year 2026-27 to ensure compliance with the Companies Act, 2013, and SEBI Listing Obligations and Disclosure Requirements Regulations, 2015. The Board of Directors approved the appointment on May 30, 2026, strengthening the company's governance framework.

The firm, M/s. S.P. Patel & Co. (FRN: 144411W), brings over seven years of experience in company audit, tax audit, accounting, and bank audit. It has also been conducting GST audits, internal audits, and valuation work for the last four years.

Appointment Details

The appointment is effective immediately, covering the internal audit requirements for the upcoming financial year. The disclosure was made to BSE Limited under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Sr. No. Particulars Details
1. Reason for Change Appointment to comply with the Companies Act, 2013 and SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
2. Date of Appointment May 30, 2026
3. Firm Profile Chartered Accountants firm with over 7 years of experience in audit, taxation, and internal audit

Pratiti Patel, Company Secretary & Compliance Officer of Sellwin Traders Limited, signed the intimation submitted to the exchange.

Historical Stock Returns for Sellwin Traders

1 Day5 Days1 Month6 Months1 Year5 Years
+0.21%+0.62%-12.86%-59.84%+35.93%+67.70%

What specific governance improvements does Sellwin Traders expect to achieve with this new internal auditor?

How will the appointment of M/s. S.P. & Co. impact the company's financial transparency and investor confidence?

Could this change signal a shift in Sellwin Traders' compliance strategy ahead of the 2026-27 financial year?

Sellwin Traders reports FY26 net profit of ₹291.89 lakh

2 min read     Updated on 30 May 2026, 12:54 PM
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Sellwin Traders Limited reported a net profit of ₹291.89 lakh for the financial year ended March 31, 2026, compared to ₹244.11 lakh in the previous year. The board approved the audited results on May 30, 2026. For Q4 FY26, the company posted a profit of ₹61.30 lakh, recovering from a loss in the prior quarter due to provisions. Consolidated net profit for the year rose to ₹315.09 lakh.

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Sellwin Traders Limited reported a net profit of ₹291.89 lakh for the financial year ended March 31, 2026, an increase from ₹244.11 lakh in the previous year. The company's board approved the standalone and consolidated audited financial results for the year at a meeting held on May 30, 2026. For the quarter ended March 31, 2026, the company recorded a net profit of ₹61.30 lakh, recovering from a net loss of ₹328.57 lakh in the quarter ended December 31, 2025, which was impacted by a provision for doubtful advances.

The statutory auditors, Parth R Shah and Co., issued an unmodified audit opinion on the financial results. The financial statements were prepared in accordance with the Companies (Indian Accounting Standard) Rules, 2015. The company operates primarily in the trading segment, which remains its only reportable segment under Ind-AS 108.

Standalone Financial Performance

For the year ended March 31, 2026, the company reported a total income of ₹4697.62 lakh, compared to ₹4415.99 lakh in the previous year. Total expenses for the year rose to ₹4345.04 lakh from ₹4078.65 lakh. Profit before tax for the year stood at ₹352.58 lakh, up from ₹337.34 lakh in FY25.

Metric Year Ended Mar 31, 2026 (₹ in Lakhs) Year Ended Mar 31, 2025 (₹ in Lakhs)
Total Income 4697.62 4415.99
Total Expenses 4345.04 4078.65
Profit for the Period 291.89 244.11
Basic EPS 0.12 0.11

In the quarter ended March 31, 2026, total income was ₹1476.69 lakh, while total expenses were ₹1415.39 lakh, resulting in a profit of ₹61.30 lakh. This compares to a loss of ₹328.57 lakh in the preceding quarter ended December 31, 2025, where expenses had surged due to a provision of approximately ₹399.48 lakh under other expenses.

Consolidated Financial Performance

On a consolidated basis, the company reported a net profit of ₹315.09 lakh for FY26, up from ₹279.17 lakh in FY25. Total income for the year increased to ₹7863.37 lakh from ₹7434.86 lakh in the previous year. For the quarter ended March 31, 2026, the consolidated net profit was ₹51.63 lakh, compared to a net loss of ₹322.94 lakh in the quarter ended December 31, 2025.

The consolidated results include the performance of subsidiaries: Mannibhadra Aggro Private Limited, Patel & Patel E-Commerce & Services Private Limited, SDF Productions Pvt. Ltd., and Damask Jewellery Private Limited.

Historical Stock Returns for Sellwin Traders

1 Day5 Days1 Month6 Months1 Year5 Years
+0.21%+0.62%-12.86%-59.84%+35.93%+67.70%

What measures is Sellwin Traders implementing to sustain the quarterly recovery and prevent future provisions for doubtful advances?

How does the company plan to leverage the performance of its subsidiaries, particularly in e-commerce and jewellery, to drive future growth?

Will the increase in total expenses relative to income continue to be a trend, and what strategies are in place to improve operating margins?

More News on Sellwin Traders

1 Year Returns:+35.93%