Snehaa Organics Limited disclosed its related party transactions as on 31st March 2026 to the National Stock Exchange of India Limited, detailing financial dealings with promoters, directors, and group entities. The filing, submitted pursuant to Regulation 23(9) of the Securities Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, highlights the extent of commercial and compensatory engagements within the corporate group. The disclosure ensures transparency regarding the value of transactions and outstanding dues as of the specified date.

The report categorizes transactions into remuneration, sitting fees, rent, and the sale or purchase of goods and services. Key managerial personnel and promoters received significant remuneration, while independent directors were compensated with sitting fees. Additionally, the company engaged in substantial trade with group companies, including Vestro Labs Private Limited, Vestro Containers Private Limited, Vedant Petrochem Private Limited, and Vestro Solvents Private Limited.

Transactions with Key Managerial Personnel and Promoters

The Managing Director, Nandigala Venkata Sai Kiran, and Whole-time Director, Nandigala Venkata Sai Harish, each received remuneration valued at ₹26,66,664 as approved by the audit committee. The actual transaction value during the reporting period was ₹13,33,332 for each. The outstanding dues payable to these directors stood at ₹94,000 each at the end of the period.

B Sharath Chandra, the Chief Financial Officer, received remuneration with an approved value of ₹26,52,000 and a transaction value of ₹12,90,000. The amount due to him was recorded at ₹2,21,000. Poonam Jain, the Company Secretary, was paid remuneration totaling ₹1,80,000 against an approved limit of ₹3,60,000, with dues of ₹30,000.

Director Fees and Other Transactions

Independent Directors Khushbu Kachhawa and Gurprit Kaur were each paid sitting fees of ₹50,000 during the period, against an approved amount of ₹1,00,000. The dues payable to each director were ₹22,500. The company also paid rent of ₹1,80,000 to Sri Nandigala Rama Subba Reddy, a relative of the Director/Promoter Group, against an approved limit of ₹3,60,000. The outstanding balance payable to him was significantly higher at ₹30,000.

Trade with Group Companies

Snehaa Organics engaged in extensive trade with its group companies. Vedant Petrochem Private Limited accounted for the highest transaction volumes, with sales of goods and services reaching ₹14,57,66,507.50 against an approved limit of ₹20,00,00,000. The company also purchased goods worth ₹49,85,395 from the same entity. The outstanding balance receivable from Vedant Petrochem was ₹11,36,07,142.33.

Vestro Solvents Private Limited was involved in both sales and purchases, including the sale of goods and fixed assets worth ₹1,07,91,946. The company purchased goods worth ₹1,49,33,783.50 and services worth ₹67,90,080.92 from Vestro Solvents. Additionally, rent of ₹60,000 was paid to the entity. The table below summarizes the key financial figures for these related party transactions.

Snehaa Organics Limited reported a net profit of ₹805.95 lakh for the financial year ended March 31, 2026, reflecting a 9.8% increase from ₹733.82 lakh in the previous year. Revenue from operations surged 88.2% to ₹4,936.53 lakh, up from ₹2,622.33 lakh in FY25, driven by a significant rise in business activities following its listing on the NSE Emerge platform. The company's board approved the audited financial results for the half-year and year ended March 31, 2026, during a meeting held on May 28, 2026.

The company's total income for FY26 stood at ₹5,124.39 lakh, compared to ₹2,629.45 lakh in the prior year. Total expenses increased to ₹4,032.04 lakh from ₹1,648.16 lakh, primarily due to higher costs of materials consumed and purchases of stock-in-trade. Profit before tax for the year was ₹1,092.34 lakh, a marginal increase from ₹981.29 lakh in FY25. The basic and diluted earnings per share for FY26 were 8.93, down from 9.78 in the previous year.

Financial Performance

The statement of profit and loss highlights the company's growth trajectory across key financial metrics. For the half-year ended March 31, 2026, the company reported a net profit of ₹481.39 lakh on revenue from operations of ₹3,557.13 lakh. The auditor, Phanindra & Associates, issued an unmodified opinion on the financial results, confirming compliance with Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Balance Sheet and Cash Flows

The company's balance sheet as of March 31, 2026, shows total assets of ₹6,441.53 lakh, a significant increase from ₹3,005.55 lakh in the previous year. Shareholders' funds grew to ₹5,175.71 lakh, bolstered by an issue of equity shares amounting to ₹2,892.13 lakh during the year. Cash and cash equivalents improved substantially to ₹1,583.13 lakh from ₹19.22 lakh, comprising balances with banks and other bank balances.

Net cash from operating activities for FY26 was negative at ₹472.98 lakh, compared to a positive ₹301.00 lakh in FY25, largely due to working capital adjustments. However, net cash from financing activities was positive at ₹2,272.65 lakh, driven by the equity issue. The company utilized ₹2,029.97 lakh of its IPO proceeds, leaving ₹1,238.41 lakh unutilized as of March 31, 2026.