Shreyans Industries FY26 net profit falls 87.2% to ₹646.78 lakh
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.

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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
| Particulars | Year ended 31st March 2026 (₹ in lakhs) | Year ended 31st March 2025 (₹ in lakhs) |
|---|---|---|
| Total Revenues | 63,425.09 | 63,457.70 |
| Profit Before Interest and Depreciation | 2,746.80 | 8,733.20 |
| Profit Before Tax | 778.43 | 6,774.83 |
| Net Profit after Tax | 646.78 | 5,060.15 |
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.
Historical Stock Returns for Shreyans Industries
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +0.17% | +1.35% | +3.15% | -16.06% | -40.84% | +1.88% |
What specific operational efficiency measures is management implementing to reverse the 76.92% decline in EBITDA?
With the Debt Service Coverage Ratio falling to 1.14 times, does the company risk breaching debt covenants in the coming fiscal year?
How will the contingent liabilities identified in the key audit matter impact the company's cash flow and financial stability?

































