Shree Securities FY26 net profit falls 90.6% to ₹6.17 lakh

Shree Securities reported a 90.6% decline in net profit to ₹6.17 lakh for the financial year ended March 31, 2026, down from ₹65.73 lakh in the previous year. Revenue from operations rose 9.5% to ₹74.53 lakh from ₹68.08 lakh in FY25. The Board of Directors approved the audited standalone financial results for the quarter and year ended March 31, 2026, at a meeting held on May 28, 2026.

For the quarter ended March 31, 2026, the company reported a net loss of ₹25.22 lakh, compared to a net profit of ₹30 lakh in the corresponding quarter of the previous year. Total income for the quarter stood at ₹26.82 lakh, a decrease from ₹21.26 lakh in the prior year period. The decline in quarterly profitability was primarily driven by a significant increase in expenses, which rose to ₹52.04 lakh from ₹3.18 lakh in the same quarter last year.

Financial Performance

The table below summarizes the financial performance for the quarter and year ended March 31, 2026:

Particulars	Quarter Ended 31-Mar-26 (Audited)	Quarter Ended 31-Mar-25 (Audited)	Year Ended 31-Mar-26 (Audited)	Year Ended 31-Mar-25 (Audited)
Total Revenue from operations	26.65	21.20	74.53	68.08
Total Income	26.82	21.26	74.70	68.35
Total Expenses	52.04	3.18	68.53	14.56
Profit/(Loss) for the period	(25.22)	30.00	6.17	65.73

Auditor's Observations

M/s. R. K. Kankaria & Co, Chartered Accountants, the statutory auditors, issued an audit report with an unmodified opinion on the standalone financial results. However, the auditors included an emphasis of matter paragraph regarding unsecured loans advanced by the company. The company has advanced unsecured loans aggregating to ₹3,15,00,000 to two parties, Shreeji Shipping and Siddhi Marine Services LLP, at a concessional interest rate of 4% per annum, which is lower than the prevailing bank rate.

Balance Sheet Highlights

The company's total assets increased to ₹1,826.62 lakh as of March 31, 2026, from ₹1,030.38 lakh in the previous year. Loans constituted a significant portion of the assets at ₹1,580.37 lakh, up from ₹908.23 lakh in FY25. Borrowings stood at ₹741.69 lakh as of March 31, 2026, compared to nil in the previous year. Equity share capital remained unchanged at ₹7,980 lakh.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
0.0%	0.0%	0.0%	-19.23%	-30.00%	-83.97%

Shree Securities Limited has announced the postponement of its Board Meeting initially scheduled for May 21, 2026. The meeting has been rescheduled to Thursday, May 28, 2026, due to a delay in the finalization of the company's financial results. The intimation regarding this change was filed on May 21, 2026, under Regulation 29 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Rescheduled Meeting Details

The Board will now convene at the company's registered office to consider the audited financial results for the quarter and year ended March 31, 2026. The key details of the rescheduled meeting are summarised below:

Parameter	Details
Meeting Date	Thursday, May 28, 2026
Original Date	Thursday, May 21, 2026
Venue	Office No. 427, Rangoli Forum Mall, 212, Girish Ghosh Road, Belur, Howrah – 711202, West Bengal
Reason	Delay in finalization of financial results

Agenda for the Meeting

The agenda for the rescheduled meeting remains consistent with the original notice. The Board of Directors will deliberate on and approve the following items:

Audited Financial Results: Consideration and approval of the audited financial results for the quarter and year ended March 31, 2026.
Statutory Auditors' Report: Taking on record the Audit Report of the Statutory Auditors.
Audited Financial Statements: Approval of the Balance Sheet as at March 31, 2026, and the Statement of Profit and Loss and Cash Flow Statement for the year ended March 31, 2026.

The announcement was signed by Bhavya Dhiman, Managing Director & CEO, on behalf of Shree Securities Limited.