Sharvaya Metals has scheduled its annual general meeting for Thursday, September 24, 2026. The meeting will commence at 12:30 pm. The company sent electronic copies of the AGM notice and annual report for FY26 to members with registered email addresses.

Shareholders without registered emails can access these documents through the company website or the Registrar and Transfer Agent portal. The firm issued this intimation under Regulation 30 of the SEBI Listing Obligations and Disclosure Requirements Regulations, 2015.

Voting Schedule

The e-voting process begins on Monday, September 21, 2026, at 9:00 am. It ends on Wednesday, September 23, 2026, at 5:00 pm. The cut-off date to vote on AGM resolutions is Friday, September 18, 2026.

Document Access

Investors can view the notice and annual report at www.sharvayametals.com or https://ivote.bigshareonline.com . The documents are also available on the Bombay Stock Exchange website.

Shareholders wishing to update email, communication, bank, or nomination details should contact their Depository Participant or write to the Registrar & Share Transfer Agent at investor@bigshareonline.com .

Sharvaya Metals reported a doubling of revenue for FY26, reaching ₹229.83 crore from ₹112.52 crore in the prior year. Despite the top-line growth, Profit After Tax (PAT) declined by 6.8% to ₹11.67 crore, reflecting margin compression amid rising operational expenses.

The Ahmednagar-based aluminium manufacturer also marked a significant corporate milestone during the fiscal year with its listing on the BSE SME Platform in September 2025. The Initial Public Offering (IPO) raised ₹58.80 crore, strengthening the company's capital base and broadening its shareholder base ahead of planned capacity expansions.

Financial Performance

The company's financial results for the year ended March 31, 2026, highlight a divergence between revenue growth and profitability metrics. While revenue surged 104%, EBITDA contracted slightly to ₹18.26 crore from ₹19.30 crore in FY25. This indicates that operating efficiency faced headwinds despite higher sales volumes.

Cost of materials consumed rose sharply to ₹215.72 crore from ₹96.04 crore, aligning with the revenue increase. However, other expenses more than doubled to ₹67.28 crore from ₹25.58 crore, driven largely by higher power, fuel, and invoice discounting charges. Finance costs remained relatively stable at ₹17.59 crore.

What the Numbers Show

A key observation is the significant increase in working capital requirements. Inventories rose to ₹441.87 crore from ₹300.46 crore, while trade receivables jumped to ₹107.07 crore from ₹33.32 crore. This suggests that as the company scaled operations, it required greater capital deployment in stock and credit extension, impacting cash flow generation relative to accrual-based profits.

Strategic Developments

Sharvaya Metals expanded its product portfolio during FY26 by successfully developing 2xxx and 7xxx series aluminium extrusions. These high-strength alloys cater to advanced applications in automotive and defence sectors, addressing a domestic supply gap previously filled by imports. The company aims to leverage this capability to deepen market penetration in high-growth segments.

The Board has recommended no dividend for the year, opting instead to conserve resources for growth initiatives. The AGM is scheduled for September 24, 2026, where shareholders will vote on the reappointment of directors and the ratification of cost auditor remuneration.