Shrenik Limited Reports FY26 Profit, Relocates Office
Shrenik Limited's board adopted audited standalone financial results for the quarter and year ended March 31, 2026, reporting a net profit of ₹16.42 lakh for the year. Revenue increased to ₹3,618.50 lakh from ₹1,826.04 lakh in the previous year. Additionally, the board approved the relocation of the registered office within Ahmedabad to Titanium Business Park.
*this image is generated using AI for illustrative purposes only.
Shrenik Limited convened a Board of Directors meeting on Wednesday, May 13, 2026, at its registered office in Ahmedabad. The meeting commenced at 3:00 p.m. and concluded at 4:00 p.m., with the board deliberating on key agenda items in compliance with Regulation 30 and Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
Adoption of Audited Standalone Financial Results
The board adopted the audited standalone financial results for the quarter and financial year ended March 31, 2026, along with the report of the statutory auditors. In accordance with Regulation 33(3)(d) of SEBI (LODR) Regulations, 2015, the board also issued a declaration confirming that the audit reports carry an unmodified opinion. The company reported a net profit of ₹16.42 lakh for the year ended March 31, 2026, compared to a net loss of ₹8.94 lakh in the previous year. Total revenue for the year stood at ₹3,618.50 lakh, up from ₹1,826.04 lakh in the prior year.
| Financial Metric (₹ in Lacs) | Year Ended Mar 31, 2026 | Year Ended Mar 31, 2025 |
|---|---|---|
| Total Revenue | 3,618.50 | 1,826.04 |
| Total Expenses | 3,599.05 | 1,834.99 |
| Net Profit for the Period | 16.42 | (8.94) |
For the quarter ended March 31, 2026, the company reported a net loss of ₹102.65 lakh on a total revenue of ₹1,172.29 lakh. The basic and diluted earnings per share (EPS) for the quarter was (₹0.02). The paid-up equity share capital remained unchanged at ₹6,120.00 lakh.
Registered Office Relocation Approved
The board approved a change in the company's registered office address. The relocation is within Ahmedabad, shifting from West Gate to Titanium Business Park.
| Parameter | Details |
|---|---|
| Previous Address | B-1710, West Gate, Nr. YMCA Club, S.G. Highway, Makarba, S A C, Ahmedabad, Gujarat, India, 380015 |
| New Address | B-108, Titanium Business Park, Corporate Road, Makarba Underpass, Ahmedabad-380051 |
The disclosure was made to the National Stock Exchange of India Limited in compliance with applicable SEBI listing regulations. The intimation was signed by Rishit Shrenik Vimawala, Whole Time Director (DIN: 03474249), on behalf of Shrenik Limited.
Historical Stock Returns for Shrenik
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| 0.0% | 0.0% | -2.56% | -25.49% | -40.62% | -85.38% |
Given Shrenik Limited's massive negative operating cash flow of Rs. 4,376.90 lacs in FY26 and deeply negative reserves of Rs. 23,717.60 lacs, what is the company's strategy to address its long-term solvency concerns?
With trade receivables surging from Rs. 10.57 lacs to Rs. 408.74 lacs and purchases of stock-in-trade exceeding revenue in Q4 FY26, what credit risk management measures will the company implement to prevent bad debt accumulation in its paper-trading business?
How does Shrenik Limited plan to sustain its revenue growth trajectory beyond FY26, given the high volatility between quarterly profits and losses, and whether it intends to diversify beyond its single 'Paper-Trading' segment?
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