Shri Venkatesh Refineries Reports 32% Jump in Half-Year Profit to Rs 1,440 Lakh

Shri Venkatesh Refineries Limited (SVRL) has reported a significant increase in its financial performance for the half year ended September 30, 2025, according to the company's latest financial results.

Financial Highlights

The company's financial results showcase a robust growth in both profit and revenue:

Metric	H1 2025	H1 2024	Change
Profit	Rs 1,440.05 lakh	Rs 1,086.75 lakh	+32.5%
Revenue from Operations	Rs 55,586.67 lakh	Not provided	-
Earnings Per Share (EPS)	Rs 6.51	Rs 4.91	+32.6%
Debt-Equity Ratio	2.41	2.23	+8.1%

Key Takeaways

Profit Growth

SVRL reported a profit of Rs 1,440.05 lakh for the half year, marking a substantial increase of 32.5% compared to Rs 1,086.75 lakh in the previous half year.

Revenue Performance

The company's revenue from operations stood at Rs 55,586.67 lakh. However, the comparative figure for the previous period was not provided, making it challenging to assess the year-over-year growth in revenue.

Improved Earnings Per Share

The earnings per share (EPS) increased to Rs 6.51 from Rs 4.91, reflecting a 32.6% improvement. This increase in EPS aligns closely with the growth in overall profit.

Debt-Equity Ratio

The debt-equity ratio rose to 2.41 from 2.23, indicating a slight increase in the company's leverage. This change may warrant attention in the context of the company's overall growth and financial strategy.

Auditor's Review

According to the Independent Auditor's Review Report by Joshi & Shah, Chartered Accountants:

The financial results were prepared in accordance with applicable Accounting Standards and other recognized accounting practices and policies.
The review was conducted as per the Standard on Review Engagements (SRE) 2410.
No material misstatements were found in the unaudited financial results.

Conclusion

Shri Venkatesh Refineries Limited has demonstrated strong financial performance in the first half of the fiscal year 2025. The significant increase in profit and earnings per share suggests effective operational management and potentially favorable market conditions. However, investors and analysts may want to monitor the rising debt-equity ratio and seek more information about the company's revenue growth trajectory in future reports.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
-2.46%	-0.70%	+2.22%	+31.43%	+71.91%	+555.58%

Shri Venkatesh Refineries Limited (SVRL), a prominent player in the oil refining industry, has taken a significant step towards enhancing its market presence. The company's board of directors has approved the migration of SVRL's listing from the Small and Medium Enterprises (SME) platform to the main board of the stock exchange.

Strategic Move for Growth

The decision, made during a board meeting on September 8, reflects SVRL's ambition to elevate its market position and attract a broader investor base. By transitioning to the main board, the company aims to increase liquidity, visibility, and participation from retail investors.

Key Highlights of the Board Meeting

Migration Approval: The board has given the green light to initiate the process of migrating from the SME platform of BSE Limited to the main boards of both BSE and the National Stock Exchange (NSE).
Shareholder Approval: The migration is subject to shareholder approval and compliance with regulatory requirements, including those set by the Securities and Exchange Board of India (SEBI) and the respective stock exchanges.
Special Resolution: A special resolution will be put to vote, requiring approval from shareholders other than promoters. The resolution will be considered passed if the votes in favor are at least twice the number of votes against the proposal.

Additional Corporate Actions

The board meeting also addressed several other important matters:

Annual General Meeting: The 23rd Annual General Meeting (AGM) has been scheduled for September 30, to be held via video conferencing.
Book Closure: The company has announced a book closure period from September 24 to September 30, for the AGM and to determine eligibility for any dividend declared.
E-voting Cut-off Date: September 23 has been set as the cut-off date for e-voting rights for the AGM.
Registered Office Relocation: A proposal to shift the registered office from Jalgaon to Mumbai has been approved, subject to shareholder consent.

Implications for Investors

The potential migration to the main board is expected to bring several benefits to SVRL and its shareholders:

Enhanced recognition in the market
Increased liquidity of the company's shares
Broader participation from institutional and retail investors
Potential for improved valuations

Management's Perspective

Prasad Kabre, Whole Time Director of Shri Venkatesh Refineries, stated, "The board's decision to migrate to the main board aligns with our growth strategy and commitment to creating value for our shareholders. We believe this move will position SVRL in a different league altogether, opening up new opportunities for the company."

As Shri Venkatesh Refineries prepares for this significant transition, investors and market watchers will be keenly observing the company's progress. The upcoming AGM on September 30 will be a crucial event where shareholders will have the opportunity to vote on these strategic decisions that could shape the future of SVRL in the Indian stock market.