Striders Impex reports FY26 revenue of ₹4,007.81 lakh

1 min read     Updated on 28 May 2026, 07:48 PM
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Reviewed by
Shriram SScanX News Team
AI Summary

Striders Impex Limited reported a revenue from operations of ₹4,007.81 lakh and a net profit of ₹490.92 lakh for the financial year ended March 31, 2026. The board approved the audited financial results and recommended the re-appointment of Mrs. Mariya Mustafa Kapasi as Non-Executive Director and M/s. VRSKD & Co. as Statutory Auditor for a term of five years. Additionally, the company re-appointed internal and secretarial auditors for FY 2026-27 and confirmed no deviation in the utilization of IPO proceeds.

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Striders Impex Limited reported a revenue from operations of ₹4,007.81 lakh and a net profit of ₹490.92 lakh for the financial year ended March 31, 2026. The board approved the audited financial results for the standalone and consolidated entities during its meeting held on May 27, 2026. The company also completed an Initial Public Offer (IPO) during the year, raising ₹32,62,46,400 through a fresh issue and an Offer for Sale (OFS).

Financial Performance

For the year ended March 31, 2026, the company recorded a total revenue of ₹4,007.81 lakh, compared to ₹6,078.89 lakh in the previous year. Profit before tax stood at ₹643.37 lakh, while profit after tax for the year was ₹490.92 lakh. The basic earnings per share (EPS) for FY26 was reported at ₹2.58. The company utilized ₹842.23 lakh of the IPO proceeds for objectives including funding working capital requirements and general corporate purposes, with no deviation reported in the utilization of funds.

Auditor and Director Re-appointments

The board recommended the re-appointment of Mrs. Mariya Mustafa Kapasi (DIN: 09804658) as a Non-Executive Director, subject to shareholder approval at the forthcoming Annual General Meeting. Mrs. Kapasi, who retires by rotation, brings over 15 years of experience in fashion consultancy and product design. Additionally, the board recommended the re-appointment of M/s. VRSKD & Co., Chartered Accountants (FRN: 162923W), as Statutory Auditors for a term of five years, concluding at the Annual General Meeting for the Financial Year 2030-31.

Internal and Secretarial Auditors

The board approved the re-appointment of M/s. Nikhil. K. Shah & Associates (FRN: 152979W) as Internal Auditors for FY 2026-27. The firm specializes in accounting, taxation, and wealth management. M/s. Shweta Gokarn & Co. (FRN: S2012MH186500) was re-appointed as Secretarial Auditor for FY 2026-27, focusing on Company Law and Securities Laws compliance.

Summary of Key Metrics

Metric FY26 (Amount in ₹ Lakh)
Revenue from Operations 4,007.81
Profit Before Tax 643.37
Profit After Tax 490.92
Basic EPS 2.58
IPO Proceeds Utilised 842.23

Historical Stock Returns for Striders Impex

1 Day5 Days1 Month6 Months1 Year5 Years
+20.00%+18.85%-15.05%-7.07%-7.07%-7.07%

What strategies will Striders Impex implement to reverse the 34% decline in revenue year-over-year?

How does the company plan to deploy the remaining unutilized IPO proceeds to drive future growth?

Will the fresh capital from the IPO be sufficient to stabilize operations, or is further equity dilution anticipated?

Striders Impex extends Disney license pact to March 31, 2027

0 min read     Updated on 23 May 2026, 05:57 PM
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Reviewed by
Anirudha BScanX News Team
AI Summary

Striders Impex Limited's subsidiary Striders FZ L.L.C amended and extended its license agreement with Disney Middle East FZ L.L.C until March 31, 2027. The amendment adds Spider-Man: Brand New Day Movie Style Guide and Avengers: Doomsday Movie Style Guide to the licensed portfolio.

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Striders Impex Limited has disclosed an amendment and extension of its existing license agreement with Disney Middle East FZ L.L.C. The agreement was executed through its wholly-owned subsidiary, Striders FZ L.L.C., based in the UAE. The revised terms extend the duration of the licensing arrangement up to March 31, 2027.

Expansion of Licensed Portfolio

As part of the amendment, the company has expanded its portfolio of licensed properties. Two new major properties have been added to the existing lineup, enhancing the range of merchandise and content the subsidiary can utilize under the agreement.

Newly Added Properties

The following properties have been incorporated into the license agreement:

Property Name
Spider-Man: Brand New Day Movie Style Guide
Avengers: Doomsday Movie Style Guide

The disclosure was made to the National Stock Exchange of India in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The notification was signed by Shweta Mahadeo Dagade, Company Secretary & Compliance Officer of striders impex .

Historical Stock Returns for Striders Impex

1 Day5 Days1 Month6 Months1 Year5 Years
+20.00%+18.85%-15.05%-7.07%-7.07%-7.07%

How might the addition of Spider-Man: Brand New Day and Avengers: Doomsday movie merchandise rights impact Striders Impex's revenue projections leading up to the 2027 license expiry?

Could the success of this Disney Middle East licensing expansion prompt Striders Impex to pursue similar licensing agreements with other major entertainment studios in the region?

How will the theatrical release timelines of Spider-Man: Brand New Day and Avengers: Doomsday influence the merchandising revenue cycle for Striders FZ L.L.C. in the UAE market?

More News on Striders Impex

1 Year Returns:-7.07%