Sharat Industries Limited reported a net profit of ₹15.90 crore for the financial year ended March 31, 2026, a 59.68% increase from ₹9.96 crore in the previous year. Revenue from operations for FY26 stood at ₹524.72 crore, rising 37.89% from ₹380.53 crore in FY25. The board approved the audited standalone and consolidated financial results during a meeting held on May 27, 2026. The results were published in the Financial Express and Visalandhra newspapers on May 28, 2026, in compliance with Regulation 33 and 47 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Financial Performance

The company's EBITDA increased 26.16% year-on-year to ₹36.03 crore in FY26. For the quarter ended March 31, 2026, the company recorded a revenue of ₹117.24 crore, higher compared to ₹939M in the same quarter of the previous year, and a net profit of ₹0.05 crore against ₹5M in the year-ago period. Profitability during the quarter was impacted by elevated raw material prices and disruption linked to the conflict in West Asia, including the deferment or cancellation of certain orders originally destined for the Middle East. The company incurred additional operating expenses to repackage and divert these products to alternate destinations.

The following table summarises the key financial metrics for the full year:

Operational Highlights

Revenue from operations in FY26 increased by approximately 38%, supported by healthy export demand and continued product diversification. The company saw strong growth in China, with revenue contribution increasing from 1.4% in FY25 to 19% in FY26. Export revenue registered a growth of around 23% in FY26, while export volumes increased by 7.87% year-on-year. The company expanded exports to newer markets including Germany, Kazakhstan and Vietnam. Additionally, the company introduced "PD – Curl Control" as a new value-added product category during Q4FY26.

Strategic Initiatives

The company is strengthening its domestic presence through Zomato Hyperpure with an initial focus on the HoReCa segment. It has outlined an export revenue target of up to ₹1,000 crore by FY28. Strategic priorities include expanding into China through premium Black Tiger shrimp exports, re-entering the EU market, and maintaining core Russian relationships to build a more balanced, higher-value export mix.

Solar Power Project Update

The company has taken up a 1 MW solar power project for captive consumption at its processing facility in Nellore. During Q4FY26, 310 kW, representing around 30% of the planned capacity, was commissioned. The remaining 70% is expected to be commissioned by the end of Q1FY27. The project, with an estimated cost of around ₹4.5 crore, has been undertaken to improve energy efficiency and reduce power costs. Once fully commissioned, the project is expected to generate annual savings of approximately ₹1.4–1.5 crore, with benefits expected to reflect from Q2FY27 onwards.

M/s A. R. Krishnan & Associates, Statutory Auditors, issued an audit report with an unmodified opinion on the standalone and consolidated financial results. The board reappointed M/s P S S & Co. Chartered Accountants, Chennai, as Internal Auditors for the financial year 2026-2027, effective from April 1, 2026.

Sharat Industries Limited has announced the opening of a special window for transfer and dematerialization of physical securities, following SEBI's circular dated January 30, 2026. The company published newspaper advertisements in Financial Express (English) and Visalandhra (Telugu) on April 13, 2026, as required under Regulation 47 of SEBI (Listing Obligations and Disclosure Requirements) Regulation 2015.

Special Window Details

The special window will remain open from February 5, 2026 to February 4, 2027, providing shareholders with a one-year opportunity to process their transfer requests. This facility is specifically available for shareholders whose transfer requests were lodged prior to April 1, 2019 but were rejected, returned, or not processed due to document deficiencies or other issues.

Regulatory Compliance

The company filed the newspaper advertisement with BSE Limited on April 15, 2026, under scrip code 519397. The submission was made in compliance with SEBI Circular HO/38/13/11(2)2026-MIRSD-POD/II/3750/2026 dated January 30, 2026, which mandated the opening of this special window for physical securities transfer.

N. Ganesan, Company Secretary & Compliance Officer (M.No: A8407), signed the regulatory filing and newspaper advertisement. The company emphasized that shares will be issued only in dematerialized form upon successful processing during the special window period.

Shareholder Information

Shareholders seeking to utilize this facility must contact the company's Registrar and Transfer Agent, Cameo Corporate Services Limited, located at Subramanian Building, 1, Club House Road, Chennai-600002. The RTA can be reached at investors@cameoindia.com for assistance with the transfer process.

Sharat Industries Limited operates from its registered office at Venkanna Palem Village, T.P. Gudur Mandal, Nellore, Andhra Pradesh, with its processing plant located at Mahalakshmipuram Village in the same mandal. The company maintains its corporate office in Chennai and has additional operations in Nellore.