Shah Construction Appoints New Managing Director and Reports Q1 FY2026 Results

1 min read Updated on 13 Aug 2025, 09:40 PM

Reviewed by

Radhika SScanX News Team

Overview

Shah Construction Company Limited announced leadership changes and Q1 FY2026 results. Mehul Jadavji Shah appointed as Managing Director for five years without remuneration. Q1 FY2026 saw revenue from operations increase by 38.02% to Rs. 123.17 lakhs, but net loss slightly widened to Rs. 40.73 lakhs. Total revenue grew 8.66% year-on-year. Other appointments include re-appointment of Dinesh Keshardeo Poddar as director and Dhanraj Kothari as Secretarial Auditor. The 77th AGM is scheduled for September 30, 2025.

*this image is generated using AI for illustrative purposes only.

Shah Construction Company Limited has announced significant changes in its leadership and released its financial results for the first quarter of the fiscal year 2026. The company's board meeting on August 13, 2025, resulted in several key decisions and appointments.

New Managing Director Appointed

Mr. Mehul Jadavji Shah has been appointed as the Managing Director of Shah Construction Company Limited for a five-year term, effective from August 13, 2025, to August 12, 2030. Mr. Shah, who brings over 20 years of experience in business management, will serve without remuneration and will be liable to retire by rotation. It's worth noting that Mr. Shah has familial ties within the company, being the son of Mrs. Jaywanti Jadavji Shah and the cousin of Mr. Sanjay Damji Shah.

Q1 FY2026 Financial Results

The company's unaudited standalone financial results for the quarter ended June 30, 2025, reveal:

Particulars (in Rs. Lakhs)	Q1 FY2026	Q1 FY2025	% Change
Revenue from Operations	123.17	89.24	38.02%
Other Income	45.01	65.55	-31.33%
Total Revenue	168.18	154.78	8.66%
Total Expenses	208.91	195.17	7.04%
Net Loss	(40.73)	(40.38)	0.87%

Despite a significant increase in revenue from operations, Shah Construction reported a marginally higher net loss of Rs. 40.73 lakhs for Q1 FY2026, compared to a loss of Rs. 40.38 lakhs in the same quarter last year. The company's total revenue grew by 8.66% year-on-year, primarily driven by a 38.02% increase in revenue from operations.

Other Key Appointments and Decisions

Mr. Dinesh Keshardeo Poddar has been re-appointed as a director of the company, subject to approval at the upcoming Annual General Meeting (AGM).
Ms. Dhanraj Kothari of M/s. D. Kothari and Associates has been re-appointed as the Secretarial Auditor for FY 2025-26 and will also serve as the Scrutinizer for the 77th AGM.
The company's 77th AGM is scheduled for September 30, 2025.
The Register of Members will remain closed from September 24 to September 30, 2025, for the AGM.

These developments come as Shah Construction aims to strengthen its leadership and navigate through challenging market conditions. The appointment of Mr. Mehul Jadavji Shah as Managing Director without remuneration suggests a focus on cost management while leveraging experienced leadership to drive the company's future growth strategies.

Historical Stock Returns for Shah Construction