Sidh Automobiles Limited reported a net loss of ₹21.49 lakh for the financial year ended March 31, 2026, a significant decline from the net profit of ₹275.93 lakh recorded in the previous year. The company's revenue from operations fell to ₹20.81 lakh in FY26 from ₹29.16 lakh in FY25. The board of directors approved the audited standalone financial results for the quarter and year ended March 31, 2026, at a meeting held on May 26, 2026.

Financial Performance

The company's total income for FY26 stood at ₹20.84 lakh, down from ₹342.70 lakh in the previous year. For the quarter ended March 31, 2026, Sidh Automobiles posted a net profit of ₹3.64 lakh, compared to a profit of ₹265.19 lakh in the corresponding quarter of the previous year. Revenue from operations for the quarter was ₹4.06 lakh, significantly lower than the ₹10.16 lakh reported in Q4FY25.

Operational Metrics

Total expenses for FY26 increased to ₹42.33 lakh from ₹10.00 lakh in the prior year. The company reported a basic earnings per share (EPS) of -₹0.73 for FY26, compared to ₹9.31 in FY25. The statutory auditor, B.M. Gattani & Co., issued an audit report with an unmodified opinion on the standalone financial results.

Key Financial Figures

Trading Window Closure

In compliance with SEBI (Prohibition of Insider Trading) Regulations, 2015, the trading window for dealing in the company's securities has been closed for insiders since April 1, 2026. The window will reopen 48 hours after the financial results are made public.

Sidh Automobiles Limited has appointed Mr. Shahabaz Nisar Ahmed Shaikh as the Managing Director and Chief Financial Officer of the company. The decision was taken during a board meeting held on May 25, 2026, at the company's registered office in New Delhi.

The appointments were made on the recommendation of the nomination and remuneration committee and are in pursuance of Section 203 of the Companies Act, 2013. Both roles are subject to the approval of shareholders in the ensuing annual general meeting.

Appointment Details

Mr. Shahabaz Nisar Ahmed Shaikh has been appointed for a term of five years as Managing Director. The specific tenure for the Chief Financial Officer role is also subject to shareholder approval. The details of the appointments are as follows:

Profile of the Appointee

Mr. Shahabaz Nisar Ahmed Shaikh (DIN: 11735596) is a seasoned administrative professional with over three decades of experience. He is a Commerce Graduate and brings strong organizational, coordination, and operational expertise to the company. His background includes managing and streamlining administrative operations effectively.