Shetron Limited has announced its audited financial results for the financial year ended March 31, 2026, reporting strong growth in profitability alongside key corporate governance decisions. The Board of Directors approved the audited financial results at their meeting held on May 2, 2026, which commenced at 12:00 PM and concluded at 3:00 PM.

Financial Performance Highlights

The company delivered robust performance across key financial metrics for FY26:

Quarterly Performance Analysis

The fourth quarter of FY26 demonstrated exceptional momentum with net profit reaching Rs. 96 lakhs compared to Rs. 25 lakhs in the corresponding quarter of the previous year. Revenue from operations for Q4 FY26 stood at Rs. 6,134 lakhs against Rs. 5,453 lakhs in Q4 FY25. For the quarter ended March 31, 2026, basic and diluted earnings per share were reported at Rs. 1.07.

Dividend Declaration and Corporate Actions

The Board has recommended a dividend of Rs. 1.00 per share (10% on face value of Rs. 10 each) for FY26. Additionally, several key appointments were approved:

The Board has approved the re-appointment of Mr. Kartik Manohar Nayak as Joint Managing Director for a period of three years with effect from May 15, 2026 to May 14, 2029, subject to the approval of the shareholders at the ensuing General Meeting. Mr. Nayak has a Bachelor's degree in Engineering and M.S. from USA, with more than two decades of experience in Finance, Commercial Divisions & project development. He is related to Mr. Diwakar Sanku Shetty, Executive Chairman of the Company.

The Internal Auditors, Messrs. Ishwar & Gopal, Chartered Accountants and Messrs. T.R. Chadha & Co., Chartered Accountants, have been re-appointed for the financial year 2026-27 based on the recommendation of the Audit Committee. Messrs. Ishwar & Gopal is a partnership firm established in July 1984, while T.R. Chadha & Co. is an elite chartered accountancy firm with over 77 years of history, ranked as one of Top 10 CA Firms in Economic Times Survey in 2015.

Mr. Vishwanath Bhat, Proprietor of Bhat & Co., Cost Accountants, has been re-appointed as Cost Auditor for the financial year 2026-27. He has more than 14 years of experience in Cost Audit and Tax Consultants.

Audit Opinion and Compliance

Messrs Naresh & Co, Chartered Accountants (FRN: 011293S), the company's statutory auditors, have issued an unmodified audit opinion on the financial results. The audit was conducted in accordance with the Standards on Auditing specified under Section 143(10) of the Companies Act, 2013. The Executive Chairman has been authorized to convene the 46th Annual General Meeting and fix the record date for dividend payment.

Balance Sheet Strength

The company maintains a healthy balance sheet with total equity of Rs. 6,172 lakhs as of March 31, 2026, compared to Rs. 5,862 lakhs in the previous year. Outstanding borrowings stood at Rs. 40.81 crores, comprising long-term borrowings of Rs. 1,060 lakhs and current borrowings of Rs. 2,719 lakhs. The company is engaged in the manufacture of Metal Packaging and reports results under one segment.

Re-appointment Details

Shetron Limited has filed its quarterly compliance certificate with BSE Limited, fulfilling regulatory requirements under SEBI (Depositories and Participants) Regulations, 2018. The submission, dated April 9, 2026, covers the quarter ended March 31, 2026, and demonstrates the company's adherence to mandatory reporting obligations.

Regulatory Compliance Submission

Company Secretary Jyoti Kumari submitted the certificate to BSE Limited's Listing Department, located at Phiroze Jeejebhoy Towers, Dalal Street, Mumbai. The filing specifically addresses Regulation 74(5) requirements, which mandate quarterly confirmations regarding dematerialization processes.

Registrar Confirmation

Integrated Registry Management Services Private Limited, serving as Shetron Limited's registrar and share transfer agent, provided the underlying certificate dated April 6, 2026. General Manager S Giridhar confirmed compliance with dematerialization procedures during the quarter.

The registrar's confirmation covers several critical operational aspects:

• Securities received from depository participants were properly confirmed to depositories
• All dematerialization requests were processed with appropriate acceptance or rejection decisions
• Securities comprised in certificates have been listed on relevant stock exchanges
• Physical certificates were mutilated and cancelled after verification
• Depository names were substituted in the member register within the 15-day regulatory timeline

Registrar Service Details

Integrated Registry Management Services Private Limited operates from multiple locations, with its operational office at Ramana Residency, Malleswaram, Bangalore, and registered office in Chennai. The company holds SEBI registration number INR000000544 and CIN U74900TN2015PTC101466.

This quarterly filing represents standard regulatory compliance for listed companies, ensuring transparency in share transfer and dematerialization processes. The timely submission reflects Shetron Limited's commitment to maintaining proper corporate governance standards and regulatory adherence.