Srivasavi Adhesive Tapes Limited has announced its audited standalone and consolidated financial results for the financial year ended March 31, 2026. The Board of Directors approved the results during a meeting held on May 15, 2026. The company reported a consolidated net profit of ₹600.61 lakh for the year, compared to ₹680.14 lakh in the previous year. On a standalone basis, the net profit for the year was ₹593.60 lakh, down from ₹680.13 lakh in the prior year.

Revenue from operations for the consolidated entity rose to ₹10,998.28 lakh for the year ended March 31, 2026, up from ₹9,015.51 lakh in the previous year. Standalone revenue from operations increased to ₹10,744.57 lakh from ₹9,015.51 lakh in FY25. Total income from operations for the year stood at ₹11,047.69 lakh on a consolidated basis and ₹10,793.46 lakh on a standalone basis.

Financial Performance

The company's total expenses for the year increased on a consolidated basis to ₹10,260.79 lakh, compared to ₹8,244.95 lakh in the previous year. Standalone total expenses were recorded at ₹10,016.17 lakh, up from ₹8,244.95 lakh in FY25. The basic earnings per share (EPS) for the year stood at ₹4.24 on a consolidated basis and ₹4.19 on a standalone basis, compared to ₹4.80 in the prior year for both.

Consolidated Financial Results

Standalone Financial Results

Board Decisions

In addition to the financial results, the Board approved the appointment of M/s C S M R & Associates, Chartered Accountants, as the internal auditor of the company for the fiscal year 2026-27. The statutory auditors, M/s. Doshi Doshi & Co., issued an audit report with an unmodified opinion on the audited standalone and consolidated financial results for the half-year and year ended March 31, 2026.

Srivasavi Adhesive Tapes Limited has secured an export order worth ₹50,04,936 (USD 53,244) through its wholly owned subsidiary, Aneel Coating and Polymers Pvt. Ltd., from Engineering Industries Factory, Kuwait. The disclosure was made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and is dated 11 May 2026. This development marks the company's entry into the Kuwait market.

Order Details

The export order involves the supply of high-performance adhesive and coating solutions to the Kuwaiti buyer. The following table summarises the key parameters of the order:

The product, Glu10 VACUUM MD PVC Membrane Adhesive, is described as a premium-grade adhesive engineered specifically for PVC membrane bonding applications in the furniture and interior décor industry. The order has been confirmed as an international contract, with no related-party transaction implications and no promoter or promoter group interest in the awarding entity.

Management Commentary

Commenting on the development, Mr. Aneel D.N., Managing Director of Srivasavi Adhesive Tapes Limited, stated:

"This export order to Kuwait is a significant milestone for Aneel Coating and Polymers. It reflects the international acceptance of our glu10 VACUUM MD formula and validates our manufacturing standards against global benchmarks. We look forward to building a long-term relationship with Engineering Industries Factory and expanding our footprint across the Middle East."

About Srivasavi Adhesive Tapes Limited

Srivasavi Adhesive Tapes Limited manufactures technical adhesive tapes at its facilities in Bangalore and Vadodara, operating across 5 units spread across Baroda and Bengaluru. The company's product portfolio includes technical adhesive tapes, die-cuts, labels, and decals made from film, fabric, felt, foil, foam, and paper. Key highlights of the company's operational profile include:

• Reach: Presence across 21 Indian states and 27 countries
• Manufacturing: 5 units equipped with 9+ coating lines, converting machines, and advanced R&D facilities
• Product Range: Over 300 SKUs, including import-substitute products
• R&D: Division equipped with more than 50 different testing instruments
• Brand: "DOLLAR" brand established in the industrial and technical tapes segment
• Business Model: B2B focus serving aerospace, railways, automotive, renewables, and infrastructure sectors

The company operates on green energy sources and its Unit 3 Pivot Facility enables in-house production of PSAs (rubber, water-based, hotmelt), specialty sealants (butyl and silicone), and polymer systems including emulsions and PU foam.

Quality Certifications

The Kuwait export order underscores the company's strategy of expanding its international footprint and growing its presence in the Middle East through its subsidiary entities.