Sreeleathers Limited reported a 27.3% increase in net profit for the financial year ended March 31, 2026, reaching ₹2,874.27 lakh, driven by higher revenue from operations. The company's revenue grew 12.4% year-on-year to ₹24,840.43 lakh for FY26, compared to ₹22,099.47 lakh in the previous year. The Board of Directors has recommended a final dividend of Re. 1 per equity share of ₹10 each for the fiscal year, subject to shareholder approval at the ensuing Annual General Meeting.

For the quarter ended March 31, 2026, the company recorded a profit of ₹967.12 lakh, a significant increase from ₹529.48 lakh in the same period last year. Revenue from operations for the quarter stood at ₹6,269.30 lakh, up from ₹5,315.28 lakh in Q4FY25. The audited standalone financial results were reviewed by the Audit Committee and approved by the Board in its meeting held on May 29, 2026.

Financial Performance

The company's total income for FY26 rose to ₹25,461.31 lakh from ₹22,144.64 lakh in the previous year. Total expenses increased to ₹21,634.69 lakh from ₹18,954.54 lakh. Profit before tax for the year improved to ₹3,820.68 lakh from ₹3,190.10 lakh. Earnings per share (EPS) for the year increased to ₹12.41 from ₹9.75 in the prior year.

Board Decisions and Appointments

During the meeting, the Board approved the appointment of Mr. Bhaskar Chatterjee as an Additional Director in the category of Non-Executive Independent Director for a term of five consecutive years, effective from May 29, 2026. This appointment is subject to the approval of shareholders at the upcoming Annual General Meeting. Mr. Chatterjee, aged 74, holds an MBA degree and possesses over 30 years of experience in the retail industry.

The Board also approved the audited financial statements for the year ended March 31, 2026, as recommended by the Audit Committee. The statutory auditors, M/s. K. Rungta & Co., Chartered Accountants, provided an unmodified opinion on the standalone audited financial results. The meeting commenced at 5:30 p.m. and concluded at 9:30 p.m. on May 29, 2026.

Sreeleathers Limited has submitted its quarterly certificate under Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018 for the quarter ended 31.03.2026. The certificate was filed with BSE and NSE on 09.04.2026, confirming compliance with dematerialisation requirements through its registrar and share transfer agent.

Quarterly Compliance Filing

The company forwarded a certificate dated 06.04.2026 received from M/s. Niche Technologies Pvt. Ltd., which serves as the Registrar & Share Transfer Agent. The filing was signed by Company Secretary Bijoy Kumar Roy and submitted to both major Indian stock exchanges where the company's shares are listed.

Registrar Confirmation Details

Niche Technologies Private Limited, an ISO 9001:2015 certified company, confirmed that securities received from depository participants for dematerialisation during the quarter were properly processed. The registrar verified that all securities comprised in the certificate have been listed on stock exchanges where the company's earlier issued securities are traded.

Dematerialisation Process Compliance

The certificate confirms that security certificates received for dematerialisation have been mutilated and cancelled after due verification. The registrar also confirmed that the name of the depository has been substituted in the register of members as the registered owner, completing the dematerialisation process in accordance with regulatory requirements.

Previous Regulatory Disclosure

Earlier, Sreeleathers Limited had submitted its initial disclosure for FY 2026-27 confirming its non-applicability under the Large Corporate category as per SEBI regulations. The company referenced SEBI Circular No. SEBI/HO/DDHS/CIR/P/2018/144 dated 26.11.2018, which pertains to fund raising by issuance of debt securities by large entities.

This latest filing represents the company's ongoing compliance with SEBI depositories regulations, ensuring proper maintenance of dematerialised securities and adherence to quarterly reporting requirements.