What’s new

• Consolidated net profit of ₹18.44 crore, revenue ₹112.37 crore.
• Auditors issued unmodified opinions on both standalone and consolidated statements.
• Numbers were previously disclosed; Thursday's filing is procedural.

Why it matters

For a ₹155 crore market cap, the profit gives a trailing P/E of about 8.5x, modest on the face of it. But the market had already priced these results. The clean audit removes a risk, but the question now is sustainability.

What we’re watching

• Whether Salasar can repeat this profit level in FY27.
• Standalone revenue of ₹1.53 crore against profit of ₹1.08 crore, extremely high margin.
• Debt-to-equity at 1.67, how leveraged the growth was.

The full read

Shree Salasar's audited FY26 numbers are out. Consolidated net profit hit ₹18.44 crore, up from ₹2.45 crore last year. Revenue more than doubled to ₹112.37 crore. The auditor gave an unmodified opinion on both sets of statements. Not a surprise. The market already had these numbers from a prior disclosure; Thursday's filing is a procedural sign-off. For a ₹155 crore market cap, the profit gives a trailing P/E of about 8.5x. That is undemanding if the growth is repeatable. The standalone business, just ₹1.53 crore revenue and ₹1.08 crore profit, raises its own questions about margins and sustainability. The open question is whether this profit level can be sustained given a debt-to-equity of 1.67. For now, the headline is strong and the audit is clean. The rest is about FY27.

Primary source: BSE · NSE