Srivari Spices reports FY26 net profit of ₹16.17 crore

2 min read     Updated on 01 Jun 2026, 07:38 PM
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Srivari Spices and Foods Limited reported a net profit of ₹16.17 crore for FY26, up from ₹9.72 crore in the previous year, with revenue rising to ₹171.81 crore. The Board recommended a final dividend of ₹0.50 per share. The company also completed the disposal of its subsidiary, Srivari Supply Chain Private Limited, recognising a pre-tax gain of ₹60.50 lakhs.

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Srivari Spices and Foods Limited reported a net profit of ₹16.17 crore for the financial year ended 31 March 2026, rising from ₹9.72 crore in the previous year. Revenue from operations increased to ₹171.81 crore compared to ₹111.92 crore in FY25. The company’s statutory auditors issued an unmodified opinion on the standalone and consolidated audited financial results.

The Board of Directors, at its meeting held on 30 May 2026, approved the audited financial results. The meeting commenced at 03:30 PM and concluded at 04:40 PM. The Board recommended a final dividend of ₹0.50 per equity share for FY26, aggregating to ₹42.85 lakhs, subject to shareholder approval at the ensuing Annual General Meeting.

Financial Performance

The company recorded a total income of ₹172.42 crore for FY26, up from ₹111.99 crore in the previous year. Total expenses for the period stood at ₹149.41 crore, compared to ₹97.91 crore in FY25. Profit before tax for the year was ₹22.99 crore, a significant increase from ₹14.08 crore in the prior year.

Metric (₹ in lakhs) Year Ended 31 March 2026 Year Ended 31 March 2025
Revenue from operations 17,181.32 11,192.13
Total income 17,241.82 11,198.82
Total expenses 14,942.12 9,790.58
Profit before tax 2,299.71 1,408.25
Net profit 1,617.07 971.59

Earnings Per Share

Basic and diluted earnings per share (EPS) increased to ₹18.87 for FY26 from ₹12.43 in the previous year. The weighted average number of equity shares used for the EPS calculation was 85,70,400 for the current year. The company’s equity share capital remained unchanged at 857.04 lakh.

Subsidiary Disposal

The shareholders approved the disposal of the company's entire 100% shareholding in its wholly-owned subsidiary, Srivari Supply Chain Private Limited (SSCPL), to promoter directors Mr. Narayan Das Rathi and Mrs. Neelhaa Rathi. The transaction, completed on 30 September 2025, had a sale consideration of ₹61.50 lakhs. The company recognised a pre-tax gain of ₹60.50 lakhs on this disposal, recorded under other income.

Consolidated Results

Consolidated net profit for the year stood at ₹16.23 crore, with revenue from operations at ₹174.42 crore. The consolidated financial results for FY26 include the financial results of SSCPL only for the period from 1 April 2025 to 30 September 2025, the date of disposal. Consequently, the consolidated Balance Sheet as at 31 March 2026 does not include any assets or liabilities of SSCPL.

Historical Stock Returns for Srivari Spices & Foods

1 Day5 Days1 Month6 Months1 Year5 Years
-5.00%+22.47%+114.83%+45.85%+21.47%+94.37%

What are the primary growth drivers expected to sustain the revenue momentum in FY27?

How will the disposal of SSCPL impact the company's operational efficiency and logistics costs moving forward?

Does the Board plan to maintain the current dividend payout ratio given the significant rise in net profit?

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Srivari Spices and Foods Reappoints M/s. M N H & CO as Internal Auditors for FY 2026-27

1 min read     Updated on 14 May 2026, 10:49 AM
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Srivari Spices and Foods Limited's Board of Directors, at their meeting held on May 13, 2026, approved the re-appointment of M/s. M N H & CO, Chartered Accountants (FRN: 013796S), as Internal Auditors for FY 2026-27. The decision was based on the Audit Committee's recommendations and is in compliance with the Companies Act 2013 and SEBI (LODR) Regulations, 2015. Established in 2012 and based in Secunderabad, Telangana, M/s. M N H & CO offers a wide range of audit, advisory, and compliance services. The disclosure was made pursuant to Regulation 30 of SEBI (LODR) Regulations, 2015.

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The Board of Directors of Srivari Spices and Foods Limited convened a meeting on Wednesday, May 13, 2026, at the company's corporate office in Hyderabad, Telangana. Based on the recommendations of the Audit Committee, the Board approved the re-appointment of M/s. M N H & CO, Chartered Accountants, as Internal Auditors of the Company for the Financial Year 2026-27. The board meeting commenced at 12:30 P.M. and concluded at 02:15 P.M. The disclosure has been made pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Re-Appointment of Internal Auditors

The re-appointment of M/s. M N H & CO has been carried out to comply with the Companies Act 2013 and the requirements under SEBI (LODR) Regulations, 2015. The firm, holding Firm Registration Number (FRN) 013796S, will serve as the Internal Auditors of Srivari Spices and Foods Limited for FY 2026-27. The key details of the re-appointment are as follows:

Parameter: Details
Name of Internal Auditor: M/s. M N H & CO, Chartered Accountants
FRN: 013796S
Date of Re-appointment: May 13, 2026
Term: Financial Year 2026-27
Reason: Re-appointment in compliance with Companies Act 2013 and SEBI (LODR) Regulations, 2015
Office Address: 801, T19 Towers, 8th Floor, Mahatma Gandhi Rd, Rani Gunj, Secunderabad, Telangana – 500003

Profile of M/s. M N H & CO

M/s. M N H & CO was established in 2012 and is headquartered in Secunderabad, Telangana. The firm is dedicated to delivering professional expertise and offers a comprehensive range of consulting and advisory services to meet the diverse needs of businesses. Its service portfolio includes:

  • Audit & Assurance
  • Internal Audit & Management Consultancy
  • Income Tax & Cross Border Advisory
  • Income Tax Compliance
  • Offshore Accounting
  • Virtual CFO & MIS Reporting
  • Due Diligence
  • Investment Advisory & Business Restructuring
  • Business Valuation
  • Corporate Finance Services
  • Corporate Planning & Strategy
  • Export-Import Incentives
  • GST Advisory & Compliance
  • Representation Services under various laws
  • Licensing and Permissions
  • Incorporation and Secretarial Compliance
  • FEMA and ROC Compliance
  • Business Support Services

Regulatory Compliance

The disclosure has been made in accordance with Regulation 30 of SEBI (LODR) Regulations, 2015, read with SEBI Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024. The intimation was signed by Sree Harshitha, Company Secretary & Compliance Officer (ICSI Membership No.: A62188), on behalf of Srivari Spices and Foods Limited.

Historical Stock Returns for Srivari Spices & Foods

1 Day5 Days1 Month6 Months1 Year5 Years
-5.00%+22.47%+114.83%+45.85%+21.47%+94.37%

How might the continuity of M/s. M N H & CO as internal auditors impact Srivari Spices and Foods' ability to identify and address operational risks in its supply chain for FY 2026-27?

Could Srivari Spices and Foods consider expanding the scope of internal audit services to include ESG compliance or sustainability reporting as regulatory expectations evolve in the Indian food sector?

How does the retention of the same internal audit firm potentially affect the independence and objectivity of audit findings compared to appointing a new firm?

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1 Year Returns:+21.47%