Shricon Industries returns to profitability with ₹194.78 lakh PAT in FY26
Shricon Industries Limited returned to profitability in FY26 with a net profit of ₹194.78 lakh against a loss of ₹5.02 lakh in FY25, while revenue from operations rose to ₹433.09 lakh. The board approved the audited financial results on May 30, 2026, and recommended the re-appointment of statutory auditors. The company scheduled its 40th AGM for August 04, 2026.
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Shricon Industries Limited has returned to profitability for the financial year ended March 31, 2026, reporting a net profit of ₹194.78 lakh compared to a net loss of ₹5.02 lakh in the previous year. The company's revenue from operations for FY26 surged to ₹433.09 lakh, a significant increase from ₹61.97 lakh in FY25. The board approved the audited standalone financial results for the quarter and year ended March 31, 2026, during a meeting held on May 30, 2026. The results were audited by M/s Birla and Associates, Statutory Auditors, who issued an unmodified opinion.
For the quarter ended March 31, 2026, the company reported a profit after tax of ₹22.92 lakh on a total income of ₹121.38 lakh. The board recommended the appointment of M/s Birla and Associates as Statutory Auditors for a five-year term from FY 2026-27 to FY 2030-31, subject to shareholder approval. Additionally, M/s. Kamal Gupta & Co., Chartered Accountants, were appointed as Internal Auditors for F.Y. 2026-27.
Financial Performance
The board approved the draft of the Directors' Report and the Secretarial Audit Report for the year ended March 31, 2026. The trading window, which was closed in accordance with the Code of Conduct for Prevention of Insider Trading, will open 48 hours after the declaration of the financial results.
| Metric | FY26 (₹ in Lacs) | FY25 (₹ in Lacs) |
|---|---|---|
| Total Income | 450.33 | 68.64 |
| Total Expenses | 223.25 | 73.66 |
| Profit Before Tax | 227.08 | -5.02 |
| Net Profit | 194.78 | -5.02 |
| Basic EPS | 15.71 | -1.20 |
Corporate Governance and Appointments
The board recommended to the shareholders the approval of loans, investments, guarantees, or securities in compliance with Section 185 of the Companies Act, 2013. The company has scheduled its 40th Annual General Meeting for August 04, 2026, at 4:00 PM. The Register of Members & Share Transfer Books will remain closed from July 29, 2026 to August 04, 2026 for the AGM. E-voting facilities will be available from August 01, 2026 to August 03, 2026, with July 28, 2026 as the cut-off date.
Historical Stock Returns for Shricon Industries
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| 0.0% | -0.24% | +5.46% | +74.63% | +44.14% | +676.06% |
What specific business segments or new contracts drove Shricon Industries' revenue to surge nearly 7x in FY26, and are these revenue streams sustainable into FY27?
How might Shricon Industries deploy its return to profitability — through reinvestment, debt reduction, or potential dividend announcements — at the upcoming AGM in August 2026?
Given the dramatic turnaround in margins, what operational or strategic changes did Shricon Industries implement, and could these improvements support continued earnings growth in FY27?
























