Shiva Suitings Reports Net Loss and Significant Inventory Increase in Q2 FY2026
Shiva Suitings reported a net loss of Rs 2.49 lakhs for Q2 FY2026, compared to a profit of Rs 0.76 lakhs in Q1 FY2026. Revenue from operations decreased by 46% to Rs 30.81 lakhs. The company's inventories increased significantly by 1127.18% to Rs 329.13 lakhs, while cash and cash equivalents decreased by 74.91% to Rs 0.71 lakhs. Trade payables rose to Rs 257.57 lakhs from nil in the previous period.
*this image is generated using AI for illustrative purposes only.
Shiva Suitings has reported a net loss for the quarter ended September 30, 2025, as per the company's latest financial results. The textile company's performance shows a notable shift from the previous quarter, with significant changes in its financial position.
Financial Performance
Shiva Suitings reported a net loss of Rs 2.49 lakhs for Q2 FY2026, a stark contrast to the profit of Rs 0.76 lakhs in the previous quarter (Q1 FY2026). The company's revenue from operations stood at Rs 30.81 lakhs for the quarter under review.
Key Financial Metrics
| Particulars | Q2 FY2026 | Q1 FY2026 | Change |
|---|---|---|---|
| Net Profit/(Loss) (Rs lakhs) | (2.49) | 0.76 | -427.63% |
| Revenue from Operations (Rs lakhs) | 30.81 | 57.06 | -46.00% |
| Earnings Per Share (Rs) | (0.16) | 0.05 | -420.00% |
The earnings per share (EPS) for Q2 FY2026 turned negative at Rs (0.16), compared to a positive EPS of Rs 0.05 in the previous quarter.
Balance Sheet Highlights
The company's balance sheet as of September 30, 2025, reveals some significant changes:
| Particulars | Sep 30, 2025 | Mar 31, 2025 | Change |
|---|---|---|---|
| Inventories (Rs lakhs) | 329.13 | 26.82 | 1127.18% |
| Cash and Cash Equivalents (Rs lakhs) | 0.71 | 2.83 | -74.91% |
| Trade Payables (Rs lakhs) | 257.57 | 0.00 | N/A |
| Total Assets (Rs lakhs) | 469.62 | 212.81 | 120.67% |
The most notable change is the substantial increase in inventories, which rose from Rs 26.82 lakhs as of March 31, 2025, to Rs 329.13 lakhs as of September 30, 2025, representing a 1127.18% increase. This significant inventory build-up may indicate challenges in sales or a strategic decision to stock up in anticipation of future demand.
Cash and cash equivalents decreased from Rs 2.83 lakhs to Rs 0.71 lakhs, indicating a potential strain on the company's liquidity position.
Trade payables saw a substantial increase, rising from nil to Rs 257.57 lakhs, which could suggest extended credit terms with suppliers or delayed payments.
Outlook
The substantial increase in inventory levels could be a strategic move to prepare for anticipated demand, but it also poses risks if sales do not materialize as expected. Investors and stakeholders may look for further guidance from the company management on strategies to return to profitability and manage the increased inventory levels in the coming quarters.
Historical Stock Returns for Shiva Suitings
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +4.90% | 0.0% | +4.90% | -0.46% | -15.86% | +79.39% |
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