Shivam Chemicals filed its annual report for the financial year ended March 31, 2026, with the Bombay Stock Exchange. The filing confirms the 16th Annual General Meeting (AGM) will be held on September 21, 2026.

The board of directors approved the secretarial audit report and directors' report on August 27, 2026. On August 30, 2026, the company submitted the annual report and AGM notice to the exchange pursuant to Regulation 30 and Regulation 34 of the SEBI Listing Obligations and Disclosure Requirements Regulations, 2015. The annual report and notice are available on the company's website and will be sent to shareholders via email.

Financial Performance

Shivam Chemicals reported significant growth in both standalone and consolidated financial metrics for FY26 compared to FY25.

Standalone revenue increased by approximately 30%, driven by expanded trading and distribution activities. Consolidated revenue rose by roughly 27%. Net profit after tax at the consolidated level nearly tripled, reflecting improved operational efficiency and scale.

Business Developments

The company expanded its product portfolio in the feed ingredients segment by introducing amino acids and feed phosphate products sourced from China and Morocco. It also launched customized vitamin premix formulations branded as “Shivamin,” sourced from Sri Lanka.

As part of its backward integration strategy, Shivam Chemicals commenced commercial production at its leased Quick Lime manufacturing unit in Khimsar, Rajasthan. This facility currently supplies more than 50% of the raw material requirements for the hydrated lime manufacturing operations of its wholly owned subsidiary, Shivam Chemicals and Minerals Private Limited, located in Dahej, Gujarat.

Corporate Governance and Compliance

The secretarial audit report highlighted a delay in appointing a qualified Company Secretary as Compliance Officer, resulting in a penalty of ₹83,780 under Regulation 6(1) of the SEBI Listing Regulations. The company rectified this non-compliance by appointing CS Ashima Chhatwal effective January 30, 2026.

Independent Director Mr. Manish Tarachand Pande resigned on April 9, 2025. The board recommended Mr. Shivam Sanjiv Vasant for re-appointment as a director retiring by rotation at the forthcoming AGM. Mr. Vasant, who joined the company in 2019 as Executive Director, holds a Bachelor of Engineering from Bombay University and a Master's degree in Entrepreneurship from Nottingham University, UK. He manages the entire supply chain for the company.

AGM Details

The 16th AGM will be held on Monday, September 21, 2026, at 11:00 am at the company’s registered office in Mumbai. The register of members and share transfer books will remain closed from September 14, 2026, to September 21, 2026. Shareholders holding shares as of the cut-off date, September 11, 2026, are eligible to attend and vote.

The meeting agenda includes receiving, considering, and adopting the audited standalone and consolidated financial statements for FY26. Additionally, shareholders will vote on the re-appointment of Mr. Shivam Sanjiv Vasant as a director retiring by rotation.

Shivam Chemicals Limited reported a consolidated net profit of ₹618.93 lakh for the financial year ended March 31, 2026, a significant increase from ₹209.32 lakh in the previous year. Revenue from operations rose to ₹28,422.58 lakh for FY26, compared to ₹22,413.34 lakh in FY25. The board of directors approved the audited standalone and consolidated financial results for the half year and full year ended March 31, 2026, at a meeting held on May 28, 2026.

Financial Performance

The company's profit for the period from continuing operations stood at ₹618.93 lakh for the year ended March 31, 2026, compared to ₹209.32 lakh in the corresponding period of the previous year. Total revenue for FY26 was ₹28,592.40 lakh, up from ₹22,501.81 lakh in FY25. For the half year ended March 31, 2026, the company reported a profit of ₹422.42 lakh on a total revenue of ₹15,334.70 lakh.

Auditor's Report

Statutory Auditors M/s. PSRD & Co., Chartered Accountants, issued an audit report with an unmodified opinion on the standalone and consolidated financial results for the half year and year ended March 31, 2026. The auditors confirmed that the financial results give a true and fair view of the company's net profit and financial information in conformity with the recognition and measurement principles laid down in the Accounting Standards.

Trading Window Closure

In compliance with the SEBI (Prevention of Insider Trading) Regulations, 2015, the trading window for dealing in the company's securities will remain closed until the end of 48 hours from the conclusion of the board meeting or the public announcement of the results, whichever is earlier.