Shyama Computronics and Services Limited resubmitted the corrected proceedings of its 29th Annual General Meeting (AGM) held on September 23, 2026. The company identified a typographical error in the earlier submission regarding the meeting's conclusion time, which was actually 4:45 pm, not 3:57 pm.

The correction does not affect the substance of the proceedings, including the adoption of FY26 financial statements and director appointments. The AGM commenced at 3:30 pm via Video Conferencing/Other Audio Visual Means (VC/OAVM). Chairman Rajib Singh presided over the session after confirming the requisite quorum.

Resolutions passed

The shareholders considered and adopted the following items as per the notice dated September 1, 2026:

The Statutory Auditors' report on the Financial Statements and the Secretarial Audit Report did not contain any qualification or observation. Consequently, these reports were not read aloud pursuant to Section 145 of the Companies Act, 2013.

Voting and compliance details

Remote e-voting facilities were provided through National Securities Depositories Limited (NSDL). The voting window opened on September 20, 2026, at 9:00 am and closed on September 22, 2026, at 5:00 pm. Members attending the AGM who had not voted remotely were permitted to cast their votes during the meeting, with the facility kept open for an additional 15 minutes after the Chairman's closing remarks.

The results of the remote e-voting and the voting conducted at the AGM, along with the Scrutinizer's Report, are scheduled to be declared on or before September 25, 2026. These results will be communicated to stock exchanges and displayed on the company's website and NSDL portal.

Nikita H Khandelwal, Company Secretary and Compliance Officer, welcomed members and briefed them on general guidelines. She noted that statutory registers and certificates were available for inspection via electronic means in the NSDL e-voting system.

Shyama Computronics and Services Ltd reported a decline in net profit for the financial year ended March 31, 2026, driven by a sharp contraction in other income despite growth in core operations.

Shyama Computronics and Services posted a net profit of ₹11.40 lakh for FY26, down from ₹14.53 lakh in the previous year. While revenue from operations grew by 13.1% to ₹27.93 lakh, total income fell 11.8% to ₹38.07 lakh due to the drop in non-operating gains.

Financial Performance

The company’s operating revenue increased from ₹24.68 lakh in FY25 to ₹27.93 lakh in FY26. However, other income declined significantly by 45.1%, falling from ₹18.49 lakh to ₹10.14 lakh. This reduction was primarily attributed to the absence of profit on the sale of investments, which contributed ₹7.13 lakh to other income in the prior year.

Total expenses decreased by 11.9% to ₹22.68 lakh, reflecting better cost management. Employee benefit expenses rose to ₹10.64 lakh from ₹9.08 lakh, while other expenses contracted from ₹16.68 lakh to ₹12.05 lakh.

What the Numbers Show

A significant divergence exists between the company’s operating performance and its overall profitability. While core service revenue grew steadily, the company remains heavily reliant on investment-related returns for its bottom line. In FY25, profit on sale of investments constituted a substantial portion of other income. The absence of such gains in FY26 highlights the volatility introduced by non-operating assets into the earnings profile.

Balance Sheet and Liquidity

As of March 31, 2026, total assets stood at ₹1,038.09 lakh, up from ₹1,021.48 lakh in the previous year. The company maintains a debt-free balance sheet with no outstanding borrowings. Shareholders’ funds increased to ₹1,024.61 lakh.

Current assets rose to ₹313.41 lakh, driven by an increase in sundry debtors to ₹312.45 lakh from ₹299.65 lakh. Current liabilities remained low at ₹13.49 lakh, resulting in a current ratio of 23.25 times, indicating strong short-term liquidity.

Corporate Developments

The Board did not recommend a dividend for FY26, opting to conserve resources for future growth. Mr. Rajib Singh continues as Managing Director, having been appointed in August 2025. The company has no subsidiaries or joint ventures.

Operating cash flow improved marginally to a negative ₹0.25 lakh compared to a negative ₹20.88 lakh in FY25, suggesting better management of working capital requirements despite the rise in receivables.