Shree OSFM FY26 Net Profit at ₹757.88 Lakh, Revenue Rises

2 min read     Updated on 22 May 2026, 12:46 PM
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Shree OSFM E-Mobility Limited reported a net profit of ₹757.88 lakh for FY26, down from ₹1,034.91 lakh in the previous year, while revenue from operations increased to ₹15,251.22 lakh. Total assets rose to ₹13,108.39 lakh, with cash and cash equivalents reaching ₹5,096.11 lakh. The board approved the audited financial results on May 21, 2026.

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Shree OSFM E-Mobility Limited has released its audited financial results for the year ended March 31, 2026. The company reported a net profit of ₹757.88 lakh for the fiscal year, a decline from the ₹1,034.91 lakh posted in the previous year. Revenue from operations rose to ₹15,251.22 lakh from ₹13,803.67 lakh in the prior year, indicating growth in the company's core business activities.

Financial Performance

The total income for the year stood at ₹15,581.58 lakh, up from ₹14,026.95 lakh in FY25. Total expenses also increased to ₹14,569.72 lakh compared to ₹12,631.86 lakh in the previous year. The profit before tax for the year was ₹1,011.86 lakh, lower than the ₹1,395.09 lakh reported in the preceding fiscal year.

For the half-year ended March 31, 2026, the company recorded a net profit of ₹271.23 lakh. Revenue from operations for this period was ₹7,691.72 lakh, while total income reached ₹7,878.65 lakh. The board of directors took on record these financial results during a meeting held on May 21, 2026.

Particulars Year Ended Mar 31, 2026 (₹ in Lakh) Year Ended Mar 31, 2025 (₹ in Lakh)
Revenue from operations 15,251.22 13,803.67
Total Income 15,581.58 14,026.95
Total Expenses 14,569.72 12,631.86
Profit Before Tax 1,011.86 1,395.09
Net Profit 757.88 1,034.91

Assets and Liabilities

The company's total assets as of March 31, 2026, were valued at ₹13,108.39 lakh, an increase from ₹11,136.77 lakh in the previous year. Shareholders' funds grew to ₹8,418.73 lakh from ₹7,660.85 lakh. Cash and cash equivalents improved significantly to ₹5,096.11 lakh as of March 31, 2026, compared to ₹3,183.63 lakh a year earlier.

Non-current liabilities stood at ₹1,503.07 lakh, while current liabilities increased to ₹3,186.59 lakh. The statement of assets and liabilities reflects the company's financial position as of the end of the fiscal year, prepared in accordance with the Companies Act, 2013.

Fund Utilization

The statutory auditors issued an audit report with an unmodified opinion on the financial results. Additionally, the board reviewed the certificates regarding the utilization of funds raised through the Initial Public Offering (IPO) and Preferential Issues. As of March 31, 2026, the company had utilized ₹3,085.28 lakh out of the total ₹3,993.17 lakh raised. The unutilized balance of ₹907.89 lakh is held in short-term deposits and bank balances.

Historical Stock Returns for Shree OSFM e-Mobility

1 Day5 Days1 Month6 Months1 Year5 Years
-0.46%-21.53%-25.24%-42.20%-53.46%-21.25%

How does Shree OSFM E-Mobility plan to reverse the margin compression seen in FY26, given that expenses grew faster than revenue, and what cost optimization strategies are being considered?

What specific projects or business segments will the remaining ₹907.89 lakh of unutilized IPO and preferential issue funds be deployed into, and by when does the company expect full utilization?

Given the rapidly evolving EV sector in India, how is Shree OSFM E-Mobility positioning itself against increasing competition from larger players and new market entrants in the e-mobility space?

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1 Year Returns:-53.46%