Sheetal Cool Products Limited has reported its standalone audited financial results for the year ended March 31, 2026. The company recorded a 23% year-on-year increase in net profit for the full year, while revenue for the fourth quarter showed substantial growth. The Board of Directors approved the results at a meeting held on May 21, 2026.

Annual Financial Performance

For the financial year ended March 31, 2026, the company reported a net profit of ₹1.91B, up from ₹1.56B in the previous year. Revenue from operations for the year rose to ₹36.60B from ₹32.13B in FY25. Total income for the year stood at ₹36.67B compared to ₹32.21B in the corresponding period last year.

Q4 Performance Highlights

The fourth quarter of FY26 witnessed strong top-line expansion. Revenue from operations for the quarter ended March 31, 2026, increased to ₹13.33B from ₹9.35B in the same period of the previous year. Net profit for the quarter surged 74% to ₹817M from ₹474M in Q4 FY25.

Operational and Regulatory Details

The statutory auditors, M/s. H.B. Kalaria & Associates, issued an unmodified opinion on the audited financial results. The company noted that during the quarter, it issued share warrants on a preferential allotment basis, with 25% of the subscription money received. The financial results were reviewed by the Audit Committee and approved by the Board. The company submitted copies of the newspaper advertisement for the audited financial results to the BSE and NSE on May 22, 2026.

Sheetal Cool Products Limited has disclosed the complete voting results and scrutinizer report for its postal ballot process, confirming shareholders' approval for the appointment of M/s. Pitroda Nayan & Co., Company Secretaries as the company's new Secretarial Auditor. The company submitted the disclosure on April 03, 2026, to BSE Limited and National Stock Exchange of India Limited in compliance with Regulation 44 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Overwhelming Shareholder Support

The postal ballot, conducted exclusively through e-voting via National Securities Depository Limited (NSDL), received exceptional support from shareholders. The voting process commenced on March 04, 2026, at 09:00 AM IST and concluded on April 02, 2026, at 5:00 PM IST.

Resolution Details and Compliance

The ordinary resolution for the appointment of M/s. Pitroda Nayan & Co., Company Secretaries as Secretarial Auditor was passed with requisite majority. The postal ballot notice was dated February 26, 2026, and dispatched to shareholders on March 02, 2026. The cut-off date for determining eligible shareholders was February 20, 2026, with a total of 9,723 shareholders on record.

Scrutinizer Verification and Report

Mr. Nayan Pitroda, proprietor of Pitroda Nayan & Co., Company Secretaries, served as the appointed scrutinizer for the postal ballot process. His comprehensive report, submitted on April 03, 2026, confirmed that all procedural requirements under Section 108 of the Companies Act, 2013, and Rule 20 of the Companies (Management and Administration) Rules, 2014, were duly followed.

Corporate Governance Framework

The postal ballot process was conducted in accordance with MCA circulars and guidelines, including various general circulars issued between 2020 and 2025. The company ensured compliance with all regulatory requirements, with notices sent exclusively through email to shareholders whose email addresses were registered with the Registrar and Transfer Agent or Depositories as on the cut-off date. No invalid votes were recorded during the entire process, demonstrating the effectiveness of the e-voting system and shareholder participation.

The appointment of the new Secretarial Auditor represents a significant step in strengthening the company's corporate governance framework, with the resolution receiving support from 23 members representing 23,42,133 votes in favor and minimal opposition of just 6 votes against.