Shricon Industries Limited returned to profitability in the financial year ended March 31, 2026, recording a net profit of ₹147.84 lakh compared to a loss of ₹14.83 lakh in the previous year. The company’s total revenue surged to ₹403.39 lakh, a significant increase from ₹58.83 lakh in FY25, driven by operational growth. This turnaround marks a recovery for the company, which had reported a loss in the prior fiscal period.

The company’s board has scheduled its 40th Annual General Meeting for August 04, 2026, at 04.00 P.M. IST through video conferencing. Pursuant to Regulation 34(1) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the Annual Report along with the Notice of the AGM has been submitted to the Bombay Stock Exchange. The report details the financial performance and operational metrics for the year.

Financial highlights indicate a robust improvement in earnings before interest, taxes, depreciation, and amortisation (EBITDA), which stood at ₹223.87 lakh for FY26, up from ₹74.53 lakh in the previous year. Expenditure for the year was reported at ₹223.25 lakh, an increase from ₹73.66 lakh in FY25. The tax expense for the current year was ₹32.30 lakh, compared to nil in the previous year.

On the balance sheet front, the company reported zero borrowings as of March 31, 2026, down from ₹0.93 lakh in the previous year. Non-current assets decreased to ₹255.52 lakh from ₹334.45 lakh. Current assets saw a substantial rise to ₹338.63 lakh from ₹85.86 lakh, while current liabilities increased to ₹28.23 lakh from ₹1.34 lakh. Cash and bank balances improved to ₹51.51 lakh from ₹15.58 lakh.

The Annual Report also disclosed related party transactions, including sales and purchases of goods with entities such as Career Point Edutech Limited and Career Point University, Hamirpur. The company has proposed inter-corporate deposits of up to ₹15 crore each with CP Capital Limited and Sankalp Capital Private Limited to meet day-to-day requirements and working capital needs, respectively.

Financial Performance for FY26

Key Balance Sheet Metrics

Shricon Industries has appointed Raghuveer Dhul as Company Secretary and Compliance Officer effective June 27, 2026, filling a casual vacancy caused by the resignation of Mr. Rinku Goyal. The Board of Directors approved the appointment based on the recommendation of the Nomination and Remuneration Committee. Raghuveer Dhul has been designated as Key Managerial Personnel pursuant to Section 203 of the Companies Act, 2013 and as Compliance Officer under Regulation 6(1) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The appointee is an Associate member of the Institute of Company Secretaries of India and a Commerce Graduate with experience in corporate secretarial, legal, and compliance functions. Om Prakash Maheshwari, Director, signed the necessary disclosures regarding the appointment.

Appointment Details