Shyamkamal FY26 Net Profit Falls to ₹23.25 Lakh

1 min read     Updated on 20 May 2026, 11:20 PM
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Shyamkamal Investments Limited announced its audited standalone financial results for FY26, reporting a net profit of ₹23.25 lakh, a decrease from ₹50.32 lakh in FY25. Total income from operations for the year stood at ₹182.94 lakh, while total expenses were ₹159.70 lakh. The board approved the results and appointed an internal auditor and company secretary. However, the statutory auditors issued a qualified opinion, citing the reclassification of equity shares and issues with audit trail software and bank statement verification.

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Shyamkamal Investments Limited has announced its audited standalone financial results for the financial year ended March 31, 2026. The board of directors, in its meeting held on May 20, 2026, approved the results along with key managerial appointments.

For the financial year ended March 31, 2026, the company reported a total income from operations of ₹182.94 lakh. Total expenses for the period stood at ₹159.70 lakh, resulting in a profit before tax of ₹23.24 lakh. The company posted a net profit of ₹23.25 lakh for the year, compared to ₹50.32 lakh in the previous year. Earnings per share (EPS) for the year were recorded at ₹0.13.

Financial Performance

The company's revenue from operations for the year was ₹210.45 lakh, up from ₹158.15 lakh in the prior year. However, the company reported a net loss of ₹48.84 lakh for the quarter ended March 31, 2026, primarily due to a net loss on fair value changes amounting to ₹80.59 lakh during the quarter.

Particulars Year Ended 31-Mar-2026 (₹ in Lakh) Year Ended 31-Mar-2025 (₹ in Lakh)
Total Income from Operations 182.94 126.41
Total Expenses 159.70 76.05
Net Profit for the Period 23.25 50.32
Earnings Per Share (Basic) 0.13 0.43

Board Appointments

The board appointed M/s. A R Rathod & Associates as the Internal Auditor for the financial year 2026-27, effective May 20, 2026. Furthermore, Ms. Ankita Singh was appointed as the Company Secretary and Compliance Officer of the company, effective from the same date.

Auditor's Observations

The statutory auditors issued a qualified opinion on the financial statements. The qualification relates to the reclassification of certain equity shares from the 'Fair Value Through Profit or Loss' category to 'Fair Value Through Other Comprehensive Income'. The auditors noted that without this reclassification, the results would have reflected a loss of ₹48.93 lakh. Additionally, the audit trail functionality of new accounting software is under testing, and balances with HDFC Bank and Canara Bank could not be verified due to the absence of bank statements.

Historical Stock Returns for Shyamkamal Investments

1 Day5 Days1 Month6 Months1 Year5 Years
+2.43%+9.31%+9.40%+8.57%+36.38%-32.61%

How might the auditor's qualified opinion regarding the reclassification of equity shares impact Shyamkamal Investments' ability to raise capital or secure credit facilities in FY2027?

Will the unresolved bank statement verification issues with HDFC Bank and Canara Bank trigger regulatory scrutiny from SEBI or stock exchanges, and what corrective timelines might be imposed?

Given the sharp decline in net profit from ₹50.32 lakh to ₹23.25 lakh despite revenue growth, what portfolio restructuring strategies might management adopt to mitigate fair value volatility in the coming year?

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Shyamkamal Investments Limited Files Form INC-26 Notice for Registered Office Change from Maharashtra to Gujarat

1 min read     Updated on 17 Apr 2026, 03:33 PM
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Shyamkamal Investments Limited published newspaper advertisement notice under Regulation 47 regarding Form INC-26 for alteration of Memorandum of Association. The company seeks to change its registered office from Maharashtra to Gujarat following a special resolution passed on 17th March, 2026. The notice was published on 17th April, 2026 in Active Times (English) and Mumbai Lakshdeep (Marathi) newspapers as required under regulatory compliance.

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Shyamkamal Investments Limited has published a mandatory newspaper advertisement notice under Regulation 47 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, regarding Form INC-26 for alteration of its Memorandum of Association. The company is seeking approval from the Central Government/Regional Director to change its registered office from the State of Maharashtra to the State of Gujarat.

Regulatory Compliance and Publication Details

The company published the advertisement on 17th April, 2026 in compliance with regulatory requirements. The notice appeared in two newspapers to ensure adequate public disclosure:

Publication Type: Newspaper Name
English Newspaper: Active Times
Regional Language (Marathi): Mumbai Lakshdeep

This publication follows the special resolution passed at the Extra Ordinary General Meeting held on 17th March, 2026, where shareholders approved the proposed change of registered office location.

Company Information and Current Status

Shyamkamal Investments Limited operates with CIN L65990MH1982PLC028554 and maintains its current registered office at Shop 25, Lower Ground Floor, Target - The Mall, Chandavarkar Road, Opp. BMC Ward off, Borivali (W), Mumbai, 400092. The company's corporate office is located at 301, Shail's Mall, Nr. Girish Cold Drinks, Navarangpura, Ahmedabad - 380009.

Parameter: Details
Security ID: SHYMINV
BSE Code: 505515
Managing Director: Jatinbhai Virendrabhai Shah
DIN: 03513997

Legal Process and Public Notice Requirements

The Form INC-26 notice serves as a public announcement pursuant to Rule 30 of the Companies (Incorporation) Rules, 2014. This regulatory requirement ensures transparency in corporate restructuring activities that may affect stakeholder interests. The application will be submitted to the Central Government/Regional Director seeking confirmation of the alteration to the company's Memorandum of Association.

Interested parties or those whose interests may be affected by the proposed change have fourteen days from the publication date to file objections. Such objections must be supported by an affidavit stating the nature of interest and grounds of opposition, and should be submitted to the Regional Director, Western Region at the specified Mumbai address.

Next Steps in the Process

Following the newspaper publication, the company will proceed with its formal application to the regulatory authorities. The Central Government/Regional Director will review the application along with any objections received during the public notice period before making a decision on the proposed registered office change from Maharashtra to Gujarat.

Historical Stock Returns for Shyamkamal Investments

1 Day5 Days1 Month6 Months1 Year5 Years
+2.43%+9.31%+9.40%+8.57%+36.38%-32.61%

What strategic business advantages is Shyamkamal Investments expecting to gain by relocating its registered office from Maharashtra to Gujarat?

How might this registered office change impact the company's tax obligations and regulatory compliance costs between the two states?

Will the relocation to Gujarat affect Shyamkamal Investments' listing status or trading operations on BSE?

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