Shelter Infra Projects Limited reported a net loss of ₹4.55 lakh for the financial year ended March 31, 2026, a significant decline from the net profit of ₹23.18 lakh recorded in the previous year. Revenue from operations decreased to ₹221.25 lakh in FY26 from ₹238.49 lakh in FY25. The company's Board of Directors approved the audited financial results during a meeting held on May 27, 2026.

For the quarter ended March 31, 2026, the company reported a net loss of ₹3.95 lakh, compared to a net profit of ₹3.58 lakh in the corresponding quarter of the previous year. Revenue from operations for the quarter stood at ₹54.82 lakh, down from ₹59.94 lakh in the same period last year. Total income for the quarter was ₹59.98 lakh, while total expenses amounted to ₹60.29 lakh.

The audited financial results were reviewed by the Audit Committee and subsequently approved by the Board. The results were submitted in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. An Independent Auditor's Report issued by BCAG & Associates, Chartered Accountants, accompanied the results. The report highlighted that liability for lease rent against land taken from a local municipality for 999 years had not been provided for in terms of Ind AS-116, and management was unable to determine the fair value of non-current investments in equity instruments valuing ₹94.30 lakhs.

Financial Performance

The company's financial performance for the year reflects increased operational costs. Employee benefits expense for FY26 was ₹32.42 lakh, compared to ₹36.43 lakh in the previous year. General and administrative expenses rose to ₹170.72 lakh from ₹132.22 lakh in FY25. Expenditure on contracts decreased to ₹22.94 lakh from ₹49.71 lakh. Finance costs for the year were ₹0.31 lakh, and depreciation and amortisation expenses stood at ₹9.54 lakh.

Segment Reporting

The company operates primarily in the Rental segment, which generated revenue of ₹221.25 lakh for the year ended March 31, 2026, down from ₹238.49 lakh in the previous year. The Construction Activities segment reported no revenue for the year. The Rental segment reported a profit before tax and interest of ₹66.81 lakh, while the Construction Activities segment reported a loss of ₹22.94 lakh.

Administrative and Governance Updates

During the Board meeting, the Board approved the transmission of shares for a shareholder based on documents received from the Registrar and Transfer Agent. The Board also reviewed the company's website and decided to take necessary steps to improve it. Additionally, the Board took on record an action taken report regarding a shareholder complaint received on "SCORES", which has now been disposed of. The extract of the financial results will be published in Business Standard and Arthik Lipi by May 28, 2026.

Shelter Infra Projects Limited has scheduled its third board meeting for the financial year 2026-2027 on May 27, 2026. The meeting will be held at 01.00 PM at the company's registered office in Kolkata. The primary agenda includes the consideration and approval of the audited financial results for the year ended March 31, 2026.

Agenda Highlights

The board will deliberate on several key regulatory and financial matters. Alongside the financial results, the directors will review the Internal Audit Report for the financial year 2025-2026. The meeting will also address the Annual Secretarial Compliance Report filed with SEBI for the same period.

Compliance and Authorizations

A significant portion of the meeting is dedicated to reviewing compliance status. The board will examine documents related to SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. This includes the statement of investor complaints, shareholding pattern, and share capital audit reconciliation for the quarter ended March 31, 2026.

The board is also expected to authorize designated personnel, specifically Whole Time Director Kamal Kishore Chowdhury, for the submission of these financial results to the stock exchanges.

Audit Committee Meeting

Preceding the board meeting, the Audit Committee is scheduled to convene on May 27, 2026, at 12.30 PM. The committee will review the audited financial results for the quarter and year ended March 31, 2026, along with the audit report. Their recommendations will be presented to the board for final approval.