Shish Industries reported a 20% decline in net profit to ₹875.94 lakh for the financial year ended March 31, 2026, despite a 4.6% increase in revenue from operations to ₹12,326.12 lakh. The Board of Directors approved the audited standalone and consolidated financial results on May 29, 2026, with statutory auditors M/s. KPCM & Co. issuing an unmodified opinion on the statements. On a consolidated basis, the company recorded a Q4 net profit of 1.3M Rupees, a turnaround from a loss of 4M Rupees in the same period last year, while Q4 consolidated revenue rose to 382M Rupees from 355M Rupees year-on-year.

Revenue from operations for the standalone year rose from ₹11,778.82 lakh in the previous fiscal year, while total income increased to ₹13,016.72 lakh. However, total expenses for the year climbed to ₹11,788.02 lakh, up from ₹11,331.34 lakh in FY25, impacting the bottom line. For the quarter ended March 31, 2026, the company recorded a standalone net profit of ₹41.15 lakh, a significant drop from ₹412.91 lakh in the same period last year.

The company's paid-up equity share capital increased to ₹4,219.51 lakh in FY26 from ₹3,795.16 lakh in the previous year. Earnings per share (EPS) for the year stood at ₹0.23, compared to ₹0.30 in FY25. The financial results were reviewed by the Audit Committee and subsequently approved by the Board.

On the balance sheet front, total assets stood at ₹23,415.43 lakh as of March 31, 2026, compared to ₹15,226.28 lakh a year ago. Equity attributable to equity holders of the company rose to ₹19,144.24 lakh from ₹10,814.95 lakh in the previous year. The company reported cash and cash equivalents of ₹513.53 lakh at the end of the fiscal year.

The Board also reviewed the utilization of funds raised through a preferential issue on February 26, 2026, amounting to ₹7,234.28 lakh. The monitoring agency, Brickwork Ratings India Private Limited, confirmed there was no deviation in the use of funds. The funds were allocated towards investments in subsidiaries, capital expenditure, and working capital requirements.

Standalone Financial Results (FY26)

The following table summarizes the key standalone financial metrics for the year ended March 31, 2026, compared to the previous year:

Q4 Consolidated Performance

On a consolidated basis, Shish Industries posted a notable year-on-year improvement in Q4, swinging to profitability from a loss position in the prior year period. The following table presents the key Q4 consolidated metrics:

Utilization of Issue Proceeds

The Board reviewed the deployment of funds raised through the preferential issue. The table below details the original allocation against actual utilization across each designated object:

Shish Industries Limited has informed the stock exchanges that its board of directors will meet on Friday, May 29, 2026. The primary agenda of the meeting is to consider, approve, and take on record the audited standalone and consolidated financial results of the company for the quarter and year ended March 31, 2026. This disclosure is made in compliance with Regulation 29 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Financial Results Consideration

The board will review the company's performance for the fourth quarter and the full fiscal year 2026. The approval of these audited results is a statutory requirement under Regulation 33 of the Listing Regulations. The outcome of this meeting will determine the financial figures that will be officially reported to the exchanges and shareholders.

Trading Window Closure

In connection with the upcoming financial results, the company has reiterated the status of the trading window for insiders. The window was initially closed following a communication dated March 25, 2026. It has been shut since Wednesday, April 01, 2026. The restriction will remain in place until 48 hours after the declaration of the financial results and the outcome of the board meeting.

Board Meeting Details