Shivom Investment & Consultancy Limited approved its audited financial results for the quarter and year ended March 31, 2025, and the first quarter ended June 30, 2025, during a board meeting held on September 12, 2026. The company reported a net profit of ₹370.18 lakh for FY25, marking a significant turnaround from the loss of ₹48.62 lakh recorded in FY24.

The board meeting, conducted under Regulation 30 and 33(3) of SEBI (LODR) Regulations, 2015, focused on regularizing corporate compliances for backlogged periods during the Corporate Insolvency Resolution Process (CIRP). The statutory auditors issued an unmodified opinion on the standalone annual financial results.

Financial performance overview

For the year ended March 31, 2025, Shivom Investment reported total income of ₹387.02 lakh, driven primarily by revenue from operations of ₹384.38 lakh. This contrasts sharply with the previous fiscal year, where total income stood at ₹16.55 lakh. The surge in profitability was accompanied by minimal operating expenses, which totaled ₹16.84 lakh for FY25 compared to ₹65.17 lakh in FY24.

What the numbers show

The financial data reveals a stark divergence between operational scale and profitability drivers. While revenue from operations grew exponentially to ₹384.38 lakh in FY25 from ₹16.55 lakh in FY24, the company’s balance sheet remains largely static with no property, plant, or equipment recorded. The entire profit of ₹370.18 lakh appears to be derived from non-operational adjustments or one-time gains rather than sustainable core business activities, given that employee benefits and finance costs were nil in FY25. Furthermore, the cash flow statement indicates that while operating activities generated ₹343.66 lakh, investing activities saw a significant outflow of ₹364.29 lakh, resulting in a marginal net increase in cash of just ₹1.88 lakh for the year.

CIRP resolution and capital structure changes

The approval of these results follows the Hon’ble NCLT Mumbai Bench-IV’s order dated August 18, 2025, approving the Resolution Plan under the Insolvency and Bankruptcy Code, 2016. Key aspects of the restructuring include:

• Cancellation of existing equity share capital comprising 6,99,51,325 shares.
• Issuance of 1 new equity share for every 1,000 existing shares to public shareholders.
• Allotment of 3,00,000 equity shares to unsecured financial creditors.
• Subscription of 60,00,000 fresh equity shares by the Resolution Applicant/promoter group.
• Proposed issuance of 0% Compulsorily Convertible Debentures (CCDs) aggregating ₹21.46 crore to settle balance admitted claims.

Post-resolution, the promoter group is expected to hold approximately 94.99% of the paid-up equity share capital. The application for revocation of trading suspension and activation of listing was filed on April 16, 2025, and remains under process.

Shivom Investment & Consultancy Limited reported a net profit of ₹78.64 lakh for the quarter ended June 30, 2025 (Q1FY26), marking a recovery from the nil profit recorded in the corresponding quarter of FY25.

The company’s Board of Directors approved the audited financial results for Q4FY25 and the unaudited results for Q1FY26 during a meeting held on September 12, 2026. These filings represent backlogged disclosures from the period when the company was undergoing the Corporate Insolvency Resolution Process (CIRP) under the Insolvency and Bankruptcy Code, 2016.

Financial Performance

For Q1FY26, total income stood at ₹84.68 lakh, driven primarily by revenue from operations of ₹84.68 lakh. This compares to zero revenue in the same quarter last year. Total expenses were minimal at ₹6.04 lakh, consisting entirely of other expenditure. Consequently, the company posted a profit before tax of ₹78.64 lakh, with no tax expense incurred.

In the full year ended March 31, 2025 (FY25), the company reported a net profit of ₹370.18 lakh, a significant turnaround from the net loss of ₹48.62 lakh in FY24. Revenue from operations for FY25 was ₹384.38 lakh, compared to just ₹16.55 lakh in FY24. Other income was negligible at ₹2.64 lakh for the full year.

Balance Sheet and Cash Flow

As of March 31, 2025, total assets amounted to ₹4,224.68 lakh, up from ₹3,833.07 lakh in the previous year. Long-term loans and advances constituted the largest asset class at ₹4,185.24 lakh. Cash and cash equivalents rose sharply to ₹22.10 lakh from ₹0.13 lakh a year earlier.

On the liabilities side, shareholders’ funds showed a deficit of (₹5,840.73 lakh) in reserves and surplus, though this improved slightly from (₹6,210.90 lakh) in FY24. Long-term borrowings remained stable at ₹3,023.94 lakh.

What the Numbers Show

The financial data reveals a near-total reliance on non-operational income for profitability in FY25. While revenue from operations contributed ₹384.38 lakh, the profit before tax was ₹370.18 lakh against expenses of only ₹16.84 lakh. This divergence indicates that the bulk of the income was derived from sources other than core operational revenue or standard other income, which was minimal at ₹2.64 lakh. In contrast, Q1FY26 shows a more normalized structure where revenue from operations matches total income.

Corporate Restructuring Status

The Hon’ble National Company Law Tribunal (NCLT), Mumbai Bench-IV, approved the company’s Resolution Plan on August 18, 2025. Under the plan, the existing equity share capital of 6,99,51,325 shares has been cancelled and restructured. Existing public shareholders are entitled to one equity share for every 1,000 held. Additionally, 3,00,000 shares will be allotted to unsecured financial creditors, and 60,00,000 fresh shares will be subscribed by the Resolution Applicant.

The Resolution Applicant also proposes to issue Compulsorily Convertible Debentures (CCDs) aggregating ₹21.46 crore to settle balance admitted claims. Trading in the company’s securities remains suspended pending the revocation of suspension and activation of listing, an application filed with the stock exchange on April 16, 2025.