Shivagrico Implements publishes 47th AGM notice in newspapers

Shivagrico Implements published the notice for its 47th Annual General Meeting (AGM) in "Financial Express" and "Mumbai Lakshadeep" on July 29, 2026, complying with Regulation 30(2) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The AGM is scheduled for August 20, 2026, to be held via Video Conferencing or Other Audio-Visual Means (VC/OAVM). This disclosure ensures shareholders are informed of key agenda items, including director re-appointments and financial approvals, ahead of the book closure period from August 17, 2026, to August 20, 2026.

The primary agenda includes the re-appointment of Managing Director Vimalchand Jain for three years via a special resolution under Section 196(3) of the Companies Act, 2013, as he has attained the age of 77 years. He will continue to serve without remuneration. Additionally, Executive Director and CFO Hemant Ranawat retires by rotation and offers himself for re-appointment. New appointments include Vinit Ranawat as a Non-Executive Non-Independent Director, effective retrospectively from August 12, 2025, and independent directors Arvind Kumar Joshi and Kavita Rakesh Jain for five-year terms.

Shareholders holding shares as of the cut-off date, August 13, 2026, are eligible to vote during the remote e-voting period facilitated by National Securities Depository Limited (NSDL). Voting runs from August 17, 2026, at 9:00 a.m. to August 19, 2026, at 5:00 p.m. The Register of Members and Share Transfer Books will remain closed from August 17, 2026, to August 20, 2026, to determine eligibility for the AGM.

Financially, Shivagrico Implements reported a 77.71% rise in profit before tax to ₹69.29 lakh in FY26, driven by reduced fuel costs and improved export performance. Total income grew by 9.32% to ₹4,756.04 lakh. However, total borrowings increased by 11.00% to ₹1,756.89 lakh. The Board decided not to declare a dividend for FY26 to conserve resources.

Key Financial Metrics FY26

Metric	FY26 (₹ Lakh)	FY25 (₹ Lakh)	Change
Total Income	4,756.04	4,350.39	+9.32%
Profit Before Tax	69.29	38.99	+77.71%
Profit After Tax	38.60	37.78	+2.17%
Total Borrowings	1,756.89	1,583.53	+11.00%
Export Sales	746.30	697.29	+7.03%

Governance and Compliance

Statutory Auditors Ambavat Jain & Associates LLP issued an unmodified opinion on the financial statements, confirming compliance with Indian Accounting Standards (Ind AS). Secretarial Auditor A.D. Parekh & Associates confirmed adherence to applicable statutory provisions under the Companies Act, 2013, and SEBI Listing Regulations. The intimation was issued pursuant to Regulation 42 of SEBI (Listing Obligations and Disclosure Requirements), Regulations, 2015.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
-1.06%	+0.22%	-10.58%	+6.02%	-1.27%	+233.57%

Shivagrico Implements reported a net profit of ₹38.59 lakh for the financial year ended March 31, 2026, marking a 2.2% increase from ₹37.76 lakh in the previous year. Revenue from operations grew to ₹4,718.06 lakh from ₹4,310.27 lakh in FY25, driven by higher sales in both domestic and overseas markets. The company's total income from operations for the year stood at ₹4,756.04 lakh. The audited standalone financial results, approved at a Board meeting held on May 29, 2026, were subsequently published in the Financial Express and Mumbai Lakshadweep daily newspapers on May 31, 2026, pursuant to Regulation 33 read with Regulation 47 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The statutory auditor, Ambavat Jain & Associates LLP, issued an unmodified opinion on the results. The financial statements were prepared in compliance with the Indian Accounting Standards (Ind AS) and the provisions of the Companies Act, 2013. The submission to BSE Limited was made by Jinal Joshi, Company Secretary & Compliance Officer, on behalf of Vimalchand Jain, Managing Director & Chairman.

For the quarter ended March 31, 2026, the company recorded a net profit of ₹13.90 lakh, a decline from ₹23.00 lakh in the corresponding quarter of the previous year. Total income from operations for the quarter stood at ₹1,210.55 lakh, compared to ₹1,244.46 lakh in the year-ago quarter. Total expenses for the quarter were ₹1,187.64 lakh.

Financial Performance

The company's earnings per share (EPS) for the full year improved to ₹0.77 from ₹0.75 in the previous year. For the quarter, basic and diluted EPS stood at ₹0.28. The profit before tax for the year increased to ₹69.29 lakh from ₹38.97 lakh in FY25. The following table summarises the key annual financial metrics:

Metric:	FY26 (₹ in Lakhs)	FY25 (₹ in Lakhs)
Revenue from operations	4,718.06	4,310.27
Total income from operations	4,756.04	4,350.40
Total expenses	4,686.75	4,311.43
Profit before tax	69.29	38.97
Net profit after tax	38.59	37.76
Earnings Per Share (Basic & Diluted)	0.77	0.75

Segment Revenue

Shivagrico Implements operates primarily in the Rolling and Forging of Agriculture Implements segment. Revenue from India for the year ended March 31, 2026, was ₹3,970.69 lakh, while revenue from other overseas locations stood at ₹747.37 lakh, reflecting growth across both geographies compared to the previous year.

Country:	Year Ended 31/03/2026 (₹ in Lakhs)	Year Ended 31/03/2025 (₹ in Lakhs)
India	3,970.69	3,610.34
Other overseas locations	747.37	699.93
Total Revenue	4,718.06	4,310.27

Financial Position

The company's total assets as of March 31, 2026, stood at ₹2,823.08 lakh, up from ₹2,603.99 lakh in the previous year. The net worth of the company as per the audited accounts was ₹785.69 lakh, with a paid-up equity share capital of ₹501.36 lakh and reserves (excluding revaluation reserve) of ₹327.70 lakh.