Sheshadri Industries FY26 net profit falls 74% to ₹215.61 lakh

1 min read     Updated on 28 May 2026, 12:50 PM
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Sheshadri Industries Limited reported a 74% decline in net profit to ₹215.61 lakh for FY26, with revenue marginally increasing to ₹2,824.65 lakh. The statutory auditors issued a qualified opinion regarding unpaid TDS interest and long-pending payables. The Board approved the results and appointed internal auditors for FY27.

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Sheshadri Industries Limited reported a net profit of ₹215.61 lakh for the financial year ended March 31, 2026, a decline of 74% from ₹837.21 lakh in the previous year. Revenue from operations rose marginally to ₹2,824.65 lakh compared to ₹2,820.02 lakh in FY25. The Board of Directors approved the audited financial results for the quarter and year ended March 31, 2026, at a meeting held on May 28, 2026.

The company’s total income for FY26 stood at ₹3,405.41 lakh, down from ₹3,445.86 lakh in the previous year. Total expenses decreased to ₹2,961.97 lakh from ₹3,090.49 lakh in FY25. For the quarter ended March 31, 2026, the company reported a net profit of ₹96.79 lakh, while revenue from operations was ₹749.94 lakh.

Financial Performance

The following table outlines the key financial metrics for the year ended March 31, 2026, compared to the prior year:

Particulars FY26 (₹ in Lakhs) FY25 (₹ in Lakhs)
Revenue from operations 2,824.65 2,820.02
Total Income 3,405.41 3,445.86
Total Expenses 2,961.97 3,090.49
Net Profit for the period 215.61 837.21
Earnings Per Share (Basic) 4.35 16.88

The company’s net worth stood at negative ₹874.68 lakh as of March 31, 2026, compared to negative ₹1,090.30 lakh in the previous year. Total assets decreased to ₹2,961.97 lakh from ₹3,297.13 lakh, while total equity and liabilities also reduced to ₹2,961.97 lakh from ₹3,297.13 lakh.

Audit Qualifications

K.S. Rao & Co., Chartered Accountants, the statutory auditors, issued a qualified opinion on the financial results. The qualifications relate to the non-provision of interest payable on outstanding unpaid Tax Deducted at Source (TDS) dues amounting to ₹31.23 lakh. Additionally, the auditors noted long-pending payables aggregating to ₹648.82 lakh and capital advances of ₹21.33 lakh for which the limitation period has expired, stating they were unable to determine if adjustments were required due to insufficient evidence.

Other Disclosures

The Board approved the appointment of M/s. Lans & Co., Chartered Accountants, as internal auditors for the financial year 2026-27. Despite accumulated losses of ₹1,706.67 lakh and current liabilities exceeding current assets, the financial statements have been prepared on a going concern basis, considering the market value of the company's immovable properties.

Historical Stock Returns for Sheshadri Industries

1 Day5 Days1 Month6 Months1 Year5 Years
0.0%-9.93%+6.06%-12.06%-17.61%+110.34%

What specific measures will management take to address the audit qualifications regarding long-pending payables and expired capital advances?

Given the negative net worth and accumulated losses, does the company plan to raise capital or divest immovable properties to improve its financial position?

How will the company manage the potential liability and penalties arising from the non-provision of unpaid TDS interest?

Sheshadri Industries Limited Submits SEBI Compliance Certificate for Q4FY26

1 min read     Updated on 08 Apr 2026, 05:47 AM
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Sheshadri Industries Limited has submitted its mandatory SEBI compliance certificate under Regulation 74(5) for Q4FY26 to BSE Limited on 7th April 2026. KFIN Technologies Limited, the company's registrar, certified that all required details of securities transactions have been properly furnished to stock exchanges, confirming full compliance with depositories regulations for the period ended 31st March 2026.

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Sheshadri Industries Limited has completed its regulatory compliance requirements by submitting the mandatory certificate under SEBI Regulation 74(5) for the fourth quarter of fiscal year 2026. The submission demonstrates the company's adherence to securities market regulations and depositories compliance framework.

Regulatory Submission Details

The company submitted its compliance certificate to BSE Limited on 7th April 2026, covering the quarter and year ended 31st March 2026. The submission was made pursuant to Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018, which mandates periodic reporting of securities transactions.

Parameter: Details
Submission Date: 7th April 2026
Reporting Period: Quarter & Year ended 31st March 2026
Regulation: SEBI Regulation 74(5)
Exchange: BSE Limited
Scrip Code: 539111

KFIN Technologies Certification

KFIN Technologies Limited, serving as the company's registrar and share transfer agent, provided the necessary certification dated 1st April 2026. The registrar confirmed compliance with all regulatory requirements for the reporting period.

The certification covers two key depositories:

  • Central Depository Services (India) Limited (CDSL)
  • National Securities Depository Limited (NSDL)

Compliance Confirmation

KFIN Technologies certified that all details of securities dematerialized and rematerialized during the quarter ended 31st March 2026 have been furnished to stock exchanges where Sheshadri Industries' shares are listed. This certification ensures compliance with SEBI (Depositories and Participants) Regulations 2018.

Certification Details: Information
Certifying Authority: KFIN Technologies Limited
Certification Date: 1st April 2026
Authorized Signatory: Praveen Chaturvedi, Senior Vice President
Coverage: Securities dematerialized/rematerialized

Company Information

Sheshadri Industries Limited operates from its registered office at Surya Towers, 6th Floor, 105, S.P Road, Secunderabad – 500 003, Telangana. The submission was signed by Rozie Mukharjee, Company Secretary & Compliance Officer, ensuring proper authorization and documentation of the regulatory filing.

Historical Stock Returns for Sheshadri Industries

1 Day5 Days1 Month6 Months1 Year5 Years
0.0%-9.93%+6.06%-12.06%-17.61%+110.34%

Will SEBI introduce any changes to Regulation 74(5) compliance requirements in the upcoming fiscal year 2027?

How might Sheshadri Industries' consistent regulatory compliance impact its credit rating or investor confidence going forward?

Could the company's timely compliance filing indicate preparation for any major corporate actions or fundraising activities in FY2027?

More News on Sheshadri Industries

1 Year Returns:-17.61%