How did Shivalik Rasayan's profit change in FY26?

Standalone net profit fell to **₹817.25 lakhs** for the year ended March 31, 2026, compared to **₹1,386.68 lakhs** in the previous year.

What dividend did the board recommend?

The board recommended a final dividend of **10%**, which amounts to **50 paise** per share.

Who resigned from the company's board?

Non-executive director Sanjay Bansal resigned from his position.

Did revenue grow during the period?

Yes, the company reported an increase in revenue for the year, though this was accompanied by a decline in standalone net profit.

Earnings · Agrochemicals · Micro cap

Shivalik Rasayan profit drops 41% as board confirms dividend

The company reported a standalone net profit of ₹817.25 lakhs for FY26, down from ₹1,386.68 lakhs in the prior year.

— 1 earlier story on Shivalik Rasayan Ltd. →

SHIVALIK 27 May 2026 · 5:00 PM IST Verify on BSE · NSE

Mkt cap₹406 cr

P/E35.42×

ROE4.02%

Debt / eq.0.25

Div yld0.19%

₹817.25 lakhs Standalone net profit for the year ended March 31, 2026.

What's new

Standalone net profit fell to ₹817.25 lakhs from ₹1,386.68 lakhs year-over-year.
The board recommended a final dividend of 10%, or 50 paise per share.
Non-executive director Sanjay Bansal resigned from the board.

Why this matters

The results show a clear margin squeeze with profit falling despite revenue growth. The dividend remains unchanged from the prior year, suggesting management is maintaining cash flow stability despite the earnings decline.

What we're watching

Whether the consolidated results provide a different picture of margin pressure.
Any commentary on the cause of the standalone profit decline.
The impact of the director resignation on board composition.

The full read

Shivalik Rasayan reported a mixed performance for the year ended March 31, 2026. While revenue increased, standalone net profit dropped to ₹817.25 lakhs from ₹1,386.68 lakhs in the prior year. The board recommended a final dividend of 10%, or 50 paise per share, keeping the payout level with the previous year.

Sanjay Bansal resigned from the board.

This is a routine annual results filing. The market has already priced in these figures, and there are no material surprises for shareholders to digest.

Questions answered

How did Shivalik Rasayan's profit change in FY26?: Standalone net profit fell to ₹817.25 lakhs for the year ended March 31, 2026, compared to ₹1,386.68 lakhs in the previous year.
What dividend did the board recommend?: The board recommended a final dividend of 10%, which amounts to 50 paise per share.
Who resigned from the company's board?: Non-executive director Sanjay Bansal resigned from his position.
Did revenue grow during the period?: Yes, the company reported an increase in revenue for the year, though this was accompanied by a decline in standalone net profit.

Mentioned: Shivalik Rasayan Ltd. · Sanjay Bansal

Primary source BSE · NSE

An independent reading of the company's own disclosure — the primary filing above is the final word.

Story so far

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27 May 2026 · 5:00 PM IST Shivalik Rasayan profit drops 41% as board confirms dividend
today Shivalik Rasayan reports FY26 results and declares 10% dividend