Shiva Suitings reports net loss of ₹8.79 lakh in FY26

Shiva Suitings Limited reported a net loss of ₹8.79 lakh for the financial year ended March 31, 2026, compared to a net profit of ₹5.34 lakh in the previous year. Revenue from operations declined significantly to ₹116.05 lakh in FY26 from ₹260.24 lakh in FY25. The board approved the audited standalone financial results for the quarter and year ended March 31, 2026, at a meeting held on May 29, 2026.

The company's total income for the year stood at ₹116.31 lakh, down from ₹260.24 lakh in the prior year. Total expenses increased to ₹127.99 lakh from ₹252.92 lakh in FY25. For the quarter ended March 31, 2026, the company reported a net loss of ₹6.14 lakh, with revenue from operations at negative ₹1.82 lakh.

V K Beswal & Associates, Chartered Accountants, audited the results. The report included an emphasis of matter regarding non-compliance with Ind AS 19, noting that the company did not make provisions for gratuity and compensated absences on an actuarial basis. The auditors stated that while this is not in compliance, the impact is not material given the limited number of employees and modest expenses.

Financial Performance

Metric	FY26 (₹ in Lakhs)	FY25 (₹ in Lakhs)
Revenue from Operations	116.05	260.24
Total Income	116.31	260.24
Total Expenses	127.99	252.92
Net Profit/(Loss)	(8.79)	5.34
Basic EPS (Rs.)	(0.57)	0.34

The balance sheet as of March 31, 2026, showed total assets of ₹281.18 lakh, compared to ₹212.81 lakh in the previous year. Inventories rose sharply to ₹168.57 lakh from ₹26.82 lakh. Cash and cash equivalents decreased to ₹1.07 lakh from ₹2.83 lakh. The company operates in a single segment, Textiles.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
0.0%	0.0%	0.0%	+138.31%	+125.41%	+327.50%

Shiva suitings Limited has submitted its quarterly compliance certificate to BSE Limited under Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018 for the quarter ended 31st March, 2026. The filing, dated 13th April, 2026, was signed by Company Secretary and Compliance Officer Bharat Tulsani.

Regulatory Compliance Certificate Details

The certificate was issued by Bigshare Services Private Limited, the company's Registrar and Share Transfer Agent, on 8th April, 2026. The document confirms compliance with SEBI's depository regulations for the fourth quarter of fiscal year 2026.

Parameter:	Details
Certificate Date:	8th April, 2026
Quarter Covered:	Q4FY26 (ended 31st March, 2026)
Registrar:	Bigshare Services Private Limited
Filing Date:	13th April, 2026
Authorized Signatory:	Akash Shamal

Dematerialization Process Confirmation

Bigshare Services Private Limited confirmed that all securities received from depository participants for dematerialization up to 31st March, 2026 were properly processed. The registrar verified that:

All securities received for dematerialization were confirmed to the depositories
Security certificates have been listed on the stock exchange where earlier issued securities are traded
Physical certificates were mutilated and cancelled after due verification by depository participants
Depository names were substituted in the register of members as registered owners within the mandated 15-day period

Corporate Information

Shiva Suitings Limited operates from its registered office at 384-M, Dabholkar Wadi, 3rd Floor, Kalbadevi Road, Mumbai – 400002. The company maintains its listing on BSE Limited under scrip code 521003.

Regulatory Framework

Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018 requires companies to file quarterly certificates confirming proper handling of dematerialization processes. This ensures transparency and compliance in the conversion of physical securities to electronic form, protecting investor interests in the depository system.