Shreyans Industries Limited has fixed August 5, 2026, as the record date to determine shareholder eligibility for the dividend for FY 2025-26, subject to declaration at the Annual General Meeting (AGM). The 46th AGM is scheduled to be held on August 12, 2026, at 11:00 a.m. at the company's registered office in Ludhiana. The register of members and share transfer books will remain closed from August 6, 2026, to August 12, 2026, for the AGM and dividend payment.

The board has proposed the re-appointment of Mr. Kunal Oswal as Whole Time Director for a period of three years from August 1, 2026, to July 31, 2029. Additionally, the company seeks shareholder approval to re-appoint Mr. Rajneesh Oswal as Chairman & Managing Director and Mr. Vishal Oswal as Vice-Chairman & Managing Director, both for three years from September 1, 2026, to August 31, 2029. The remuneration for these roles includes salaries, perquisites, and commissions not exceeding 3% of the net profit annually.

Financial Performance

The company reported a total revenue of ₹63,425.09 lakh for the year ended March 31, 2026, compared to ₹63,457.70 lakh in the previous year. Profit before tax stood at ₹778.43 lakh, a decrease from ₹6,774.83 lakh in the prior year. Net profit after tax for the period was ₹646.78 lakh.

Agenda and E-voting

Shareholders will also consider ratifying the remuneration of ₹75,000 plus goods and service tax payable to M/s. Rajan Sabharwal and Associates, Cost Auditors, for the financial year ending March 31, 2027. Remote e-voting facilities will be available from August 8, 2026, at 9:00 a.m. to August 11, 2026, at 5:00 p.m.

Shreyans Industries reported a sharp decline in its financial performance for the year ended March 31, 2026, primarily due to reduced operational efficiency and increased costs. The company’s net profit after tax fell 87.2% to ₹646.78 lakh from ₹5,060.15 lakh in the previous year. Total revenues for the period stood at ₹63,425.09 lakh, a marginal decrease from ₹63,457.70 lakh in FY25. The board has recommended a dividend of ₹5 per share for the fiscal year.

The company’s profitability metrics contracted significantly during the year. Profit Before Interest and Depreciation dropped to ₹2,746.80 lakh from ₹8,733.20 lakh in the prior year. Following interest and depreciation charges, the Profit Before Tax stood at ₹778.43 lakh, down from ₹6,774.83 lakh. The provision for taxation was recorded at ₹131.65 lakh. Earnings before interest, tax, depreciation, and amortisation (before other income) decreased by 76.92% to ₹1,604.81 lakh.

Financial Performance

Operational Metrics

Operational ratios reflected the pressure on margins. The Return on Equity Ratio fell to 1.52% from 12.50%, while the Return on Capital Employed dropped to 2.42% from 14.81%. The Debt Service Coverage Ratio stood at 1.14 times, compared to 4.99 times in the previous year. The Net Profit Ratio also contracted to 1.25% from 10.98%.

Management and Governance

The company’s board approved the audited financial results for FY26. Key management personnel, including Rajneesh Oswal (Chairman and Managing Director) and Vishal Oswal (Vice-Chairman and Managing Director), received remuneration of ₹507.20 lakh each. The company’s auditor identified the assessment of litigations and related disclosure of contingent liabilities as a key audit matter, noting significant management judgement is required to determine the probability of material outflow.

Corporate Social Responsibility

Shreyans Industries spent ₹105.20 lakh on Corporate Social Responsibility (CSR) projects during the year against the required obligation of ₹159.26 lakh. The unspent amount of ₹57.51 lakh was transferred to the Unspent CSR Account. The average net profit of the company, calculated for CSR purposes, was ₹7,963.07 lakh.