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

1 min read     Updated on 18 Jul 2026, 05:17 PM
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Shriram SScanX News Team
AI Summary

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 Day5 Days1 Month6 Months1 Year5 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?

Shreyans Industries appoints Amit Arora as CFO effective June 1

1 min read     Updated on 02 Jun 2026, 03:43 AM
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Suketu GScanX News Team
AI Summary

Shreyans Industries Limited has appointed Mr. Amit Arora as its Chief Financial Officer (CFO) and Key Managerial Personnel (KMP) effective June 01, 2026. The appointment was disclosed pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Arora, a qualified Chartered Accountant with 26 years of experience, was previously serving as the Senior General Manager (Finance & Accounts) at the company.

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Shreyans Industries Limited has appointed Mr. Amit Arora as its Chief Financial Officer (CFO) and Key Managerial Personnel (KMP) effective June 01, 2026. The appointment strengthens the company's financial leadership as Arora brings over two decades of experience to the role. He is not related to any director of the company.

The disclosure was made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. This follows the company's earlier intimation regarding the Board meeting outcome dated May 20, 2026. The company submitted the required details to the Bombay Stock Exchange Ltd. and the National Stock Exchange of India Ltd.

Profile of the Appointee

Mr. Amit Arora is a seasoned finance professional with 26 years of extensive experience in finance and accounts. He is a qualified Chartered Accountant, having qualified in the year 2000. His expertise encompasses Accounts, MIS, Taxation, Insurance, budgeting, EDP, strategic planning, and financial management.

Prior to this elevation, Arora was serving as the Senior General Manager (Finance & Accounts) at Shreyans Industries Limited, a position he held after joining the company in 2013. The company noted that his financial knowledge and professional experience are expected to contribute significantly towards its long-term vision and sustainable growth.

Appointment Details

Particulars Details
Name Mr. Amit Arora
Designation Chief Financial Officer (CFO) and Key Managerial Personnel (KMP)
Effective Date June 01, 2026
Relationship with Directors Not related to any Director
Experience 26 years in Finance and Accounts
Previous Role Senior General Manager (Finance & Accounts)

Historical Stock Returns for Shreyans Industries

1 Day5 Days1 Month6 Months1 Year5 Years
+0.17%+1.35%+3.15%-16.06%-40.84%+1.88%

What strategic financial priorities will Mr. Arora likely implement to drive the company's long-term vision?

How will this leadership transition impact Shreyans Industries' capital allocation and expansion plans?

Could the appointment signal a shift in the company's approach to mergers, acquisitions, or strategic partnerships?

More News on Shreyans Industries

1 Year Returns:-40.84%