Shreyans FY26 Net Profit Falls to ₹646.78 Lakh

2 min read     Updated on 22 May 2026, 05:38 AM
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Shreyans Industries Limited reported a sharp decline in net profit to ₹646.78 lakh for FY26 from ₹5060.15 lakh in the previous year, while revenue from operations increased marginally to ₹62283.09 lakh. The board recommended a final dividend of ₹1.50 per share and approved the re-appointment of key directors and auditors. Additionally, the company appointed Mr. Amit Arora as the new CFO following the retirement of Mr. Rakesh Kumar Mahajan.

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Shreyans Industries Limited has released its audited financial results for the quarter and financial year ended March 31, 2026. The board of directors approved the results during a meeting held on May 20, 2026. The statutory auditors have issued an unmodified opinion on the audited financial results for the period.

For the financial year 2025-26, the company reported a net profit of ₹646.78 lakh, a sharp decline from ₹5060.15 lakh in the previous year. Revenue from operations increased marginally to ₹62283.09 lakh from ₹61676.63 lakh in FY25. Total income for the year stood at ₹63425.09 lakh compared to ₹63457.70 lakh in the corresponding period last year.

The quarterly performance for the period ended March 31, 2026, showed a net loss of ₹1048.30 lakh, contrasting with a net profit of ₹1845.58 lakh in the same quarter of the previous year. Revenue from operations for the quarter was ₹16770.01 lakh, down from ₹17907.99 lakh in the quarter ended March 31, 2025.

Financial Highlights

Particulars Year Ended 31.03.2026 (₹ in lacs) Year Ended 31.03.2025 (₹ in lacs)
Revenue from Operations 62283.09 61676.63
Total Income 63425.09 63457.70
Total Expenses 62646.66 56682.87
Net Profit for the Period 646.78 5060.15
Basic EPS (₹) 4.68 36.60

Board Decisions

The board recommended a final dividend of ₹1.50 per share on fully paid equity shares for the financial year ended March 31, 2026. This dividend is subject to the approval of shareholders. If approved, it will be credited or dispatched within 30 days from the date of the Annual General Meeting (AGM).

In governance matters, the board re-appointed M/s. Rajan Sabharwal & Associates as Cost Auditors for the financial year 2026-27. Additionally, the board approved the re-appointment of three directors subject to shareholder approval at the 46th AGM. Mr. Rajneesh Oswal was re-appointed as Chairman and Managing Director, Mr. Vishal Oswal as Vice-Chairman and Managing Director, and Mr. Kunal Oswal as Whole Time Director, each for a term of three years effective from September 1, 2026, or August 1, 2026, as applicable.

Management Changes

The company announced changes in its senior management leadership. Mr. Rakesh Kumar Mahajan retired from the position of Chief Financial Officer (CFO) effective May 30, 2026, due to superannuation. Succeeding him, Mr. Amit Arora has been appointed as the new CFO effective June 1, 2026. Mr. Arora brings 26 years of experience in finance and accounts and has been serving as Senior General Manager (Finance & Accounts) at the company since 2013.

Historical Stock Returns for Shreyans Industries

1 Day5 Days1 Month6 Months1 Year5 Years
-1.87%-7.97%-13.31%-18.80%-21.40%+62.35%

What specific cost pressures or operational challenges drove Shreyans Industries' total expenses up by nearly ₹6,000 lakh in FY26, and can the new CFO implement measures to reverse this trend in FY27?

How might the significant drop in EPS from ₹36.60 to ₹4.68 impact institutional investor confidence and the company's stock valuation in the near term?

Given the Q4 FY26 net loss of ₹1,048 lakh, what strategic initiatives is the management likely to prioritize to return to profitability in the first half of FY27?

Shreyans Industries Limited Issues Public Notice for Transfer of Unclaimed Dividend and Equity Shares to IEPF

2 min read     Updated on 14 May 2026, 04:22 PM
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Shreyans Industries Limited has published a newspaper notice in Financial Express and Desh Sewak regarding the transfer of unpaid dividend for Financial Year 2018-19 and corresponding equity shares to the IEPF Authority, scheduled for 14th August 2026. The transfer is being undertaken pursuant to Section 124(6) of the Companies Act, 2013 and the IEPF Authority Rules, 2016. Shareholders who have not yet claimed their dividend are urged to submit requisite documents to the Company's RTA, Skyline Financial Services Private Limited, before the transfer deadline. Even after the transfer, shareholders may claim their shares and dividend directly from the IEPF Authority via www.iepf.gov.in.

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Shreyans Industries Limited has issued a formal public notice to its shareholders regarding the impending transfer of unclaimed dividend and corresponding equity shares to the Investor Education and Protection Fund (IEPF) Authority. The notice was published in Financial Express (English) and Desh Sewak (Punjabi) newspapers, and was communicated to the stock exchanges by Company Secretary Parminder Singh on 14th May 2026.

IEPF Transfer Notice: Key Details

The company has notified shareholders that the unpaid dividend for Financial Year 2018-19, along with the corresponding equity shares in respect of which dividend has remained unclaimed or unpaid for a period of seven consecutive years or more, will be transferred to the Demat Account of the IEPF Authority. The following table summarises the key parameters of this regulatory action:

Parameter: Details
Financial Year of Unpaid Dividend: 2018-19
Transfer Deadline: 14th August 2026
Regulatory Provision: Section 124(6) of the Companies Act, 2013
Applicable Rules: IEPF Authority (Accounting, Audit, Transfer and Refund) Rules, 2016
Transfer Destination: Demat Account of the IEPF Authority

The transfer will be carried out in accordance with the provisions of Section 124(6) of the Companies Act, 2013, read along with the Investor Education and Protection Fund Authority (Accounting, Audit, Transfer and Refund) Rules, 2016, as amended.

Action Required by Shareholders

Shreyans Industries has already sent individual communications to all concerned shareholders whose shares are liable to be transferred to the IEPF Authority, advising them to claim their dividend. Details of the concerned shareholders have also been uploaded on the company's website at www.shreyansgroup.com .

Shareholders are requested to forward the requisite documents, as per the communication received, to the Company's Registrar and Share Transfer Agent (RTA) to claim the unclaimed dividend amount and shares. The RTA details are as follows:

Parameter: Details
RTA Name: Skyline Financial Services Private Limited
Address: D-153 A, 1st Floor, Okhla Industrial Area, Phase-I, New Delhi – 110 020
Telephone: +91 11 40450193-97
Email: parveen@skylinerta.com

In the absence of a valid claim from shareholders, the company has stated it will proceed to transfer the said dividend and shares to the IEPF Account without further notice, in accordance with the applicable rules.

Recourse Available After Transfer

The company has clarified that once the unclaimed dividend and corresponding shares are transferred to IEPF, no claim shall lie against the company in respect of such amounts. However, shareholders retain the right to claim their shares along with dividend(s) directly from the IEPF Authority even after the transfer. The detailed procedure and requirements for such claims are available at www.iepf.gov.in .

For any information or queries, concerned shareholders and claimants may contact the Company Secretary at cs@shreyansgroup.com or reach out to the RTA at the contact details provided above. The notice was signed by Parminder Singh, Company Secretary (ACS 43115), and is dated 13th May 2026, from Ludhiana.

Historical Stock Returns for Shreyans Industries

1 Day5 Days1 Month6 Months1 Year5 Years
-1.87%-7.97%-13.31%-18.80%-21.40%+62.35%

How might the transfer of unclaimed shares to IEPF impact Shreyans Industries' shareholder composition and future voting dynamics?

What trends are emerging in IEPF claim recovery rates, and how successful have shareholders historically been in reclaiming assets transferred to the IEPF Authority?

Could increasing IEPF transfers across Indian companies signal broader issues with retail investor engagement and shareholder awareness that regulators may need to address?

More News on Shreyans Industries

1 Year Returns:-21.40%