Shivkamal Impex reported a decline in net profit for the financial year ended March 31, 2026, driven by rising impairment charges despite growth in interest income. The company’s net profit fell 9.97% year-on-year to ₹24.87 lakh, down from ₹27.62 lakh in the previous fiscal.

Total revenue from operations increased by 4.33% to ₹53.42 lakh, up from ₹51.20 lakh in FY25. Interest income, the primary revenue driver, rose to ₹53.42 lakh from ₹51.20 lakh, reflecting stable lending and deposit activities. However, operating expenses expanded significantly, with total costs rising to ₹19.74 lakh from ₹14.28 lakh.

Financial Performance Highlights

Impairment of financial instruments surged to ₹4.07 lakh from ₹2.53 lakh, marking a 61.1% increase. This rise in credit losses offset the gains from higher interest income. Other expenses also climbed to ₹11.31 lakh from ₹8.02 lakh, primarily due to increased rent, legal fees, and director remuneration.

What the Numbers Show

The divergence between revenue growth and profit contraction highlights intensifying credit risk management challenges. While interest income grew modestly, the sharp rise in impairment charges—more than doubling the previous year’s provision—eroded the bottom line. Additionally, the current ratio dropped significantly to 471.34 from 1,368.44, indicating an increase in current liabilities relative to assets, though the company remains debt-free with no external borrowings.

Balance Sheet and Cash Flow

As of March 31, 2026, total assets stood at ₹7.30 crore, up from ₹7.05 crore. Loans receivable grew to ₹3.53 crore from ₹2.89 crore, representing a 22.3% expansion in the lending book. Cash and cash equivalents declined sharply to ₹0.09 lakh from ₹4.43 lakh, as reflected in the cash flow statement where operating activities consumed ₹41.53 lakh.

Corporate Governance and AGM Details

The board did not recommend any dividend for FY26, opting to preserve capital for future operations. The company announced its 41st Annual General Meeting scheduled for September 26, 2026, at its registered office in New Delhi. Key agenda items include:

• Adoption of the audited financial statements for the year ended March 31, 2026.
• Re-appointment of Ms. Anu Jain as a director retiring by rotation.
• Re-appointment of Ms. Heena Jain as an Independent Director for a five-year term commencing February 12, 2027.

The register of members will remain closed from September 20, 2026, to September 26, 2026. Remote e-voting will be available from September 23, 2026, at 9:00 am to September 25, 2026, at 5:00 pm for shareholders holding shares as on the cut-off date of September 19, 2026.

Source: https://lodr-files.dhan.co/lodr-inputs/Company/INE429R01017/7625ac7b-d89b-426f-9673-6893d8c93aff.pdf

Shivkamal Impex reported a net profit of ₹5.20 lakh for the quarter ended June 30, 2026, marking a decline from ₹7.81 lakh in the corresponding period of FY26. The company’s total revenue from operations stood at ₹12.37 lakh, down from ₹13.25 lakh in Q1FY26.

The Board of Directors approved the unaudited financial results on August 12, 2026. The figures were reviewed by Multi Associates, Chartered Accountants, pursuant to Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Financial Performance

Shivkamal Impex, primarily engaged in financial services, saw its interest income drop to ₹12.37 lakh from ₹13.25 lakh in the previous year’s quarter. This reduction in top-line revenue contributed to a lower profit before tax, which stood at ₹6.95 lakh compared to ₹10.44 lakh in Q1FY26.

Total expenses for the quarter were ₹5.42 lakh, an increase from ₹2.81 lakh in Q1FY26. Employee benefit expenses rose to ₹1.22 lakh from ₹0.90 lakh, while other expenses increased significantly to ₹4.10 lakh from ₹1.85 lakh. Finance costs and impairment charges were nil for the current quarter.

What the Numbers Show

The divergence between revenue contraction and expense expansion highlights margin pressure. While revenue fell by approximately 7% year-on-year, total expenses nearly doubled, driven largely by a rise in 'other expenses' and employee benefits. This structural shift resulted in the profit before tax declining by over 30%, outpacing the modest drop in operating income.

Auditor Review

Multi Associates, Chartered Accountants, issued a limited review report stating that nothing came to their attention to suggest the financial statements contain material misstatement. The review was conducted in accordance with Standard on Review Engagement (SRE) 2410.

The company has no subsidiaries, associates, or joint ventures. The paid-up equity share capital remains at ₹100.56 lakh.