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Earnings · Agrochemicals · Micro cap

Shivalik Rasayan reports FY26 results and declares 10% dividend

The company posted higher revenue but lower standalone net profit for the year ended March 31, 2026. Non-executive director Sanjay Bansal resigned.

1 earlier story on Shivalik Rasayan Ltd.
Mkt cap₹406 cr
P/E35.42×
ROE4.02%
Debt / eq.0.25
Div yld0.19%
10% Final dividend recommendation of 50 paise per share.

What's new

  • Standalone revenue increased while net profit declined for the year ended March 31, 2026.
  • The board recommended a final dividend of 50 paise per share.
  • Non-executive director Sanjay Bansal resigned from the board.

Why this matters

This is a routine annual disclosure. The financial shifts and the departure of a non-executive director do not signal a change in the company's strategic direction.

What we're watching

  • Any further details on the margin pressure behind the profit decline.
  • The date for the upcoming annual general meeting.
  • Potential board appointments to replace the outgoing director.

The full read

Shivalik Rasayan released its audited standalone and consolidated results for the year ended March 31, 2026. Revenue grew year-over-year, but standalone net profit fell.

The board recommended a final dividend of 10%, or 50 paise per share.

Non-executive director Sanjay Bansal resigned from the board. This filing is a standard annual disclosure. The financial performance and the director's departure do not indicate any unexpected strategic shifts for the company. It is a routine update.

Nothing changed.

Questions answered

What was the dividend payout announced?
The board recommended a final dividend of 10%, which amounts to 50 paise per share.
How did the company perform financially in FY26?
Standalone revenue grew year-over-year, but the company recorded a decline in standalone net profit for the same period.
Who resigned from the board?
Non-executive director Sanjay Bansal resigned from his position.
Does the director's resignation impact management?
No. The resignation involves a non-executive role and is not considered a material change to the company's key managerial personnel.
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.

  1. 27 May 2026 · 4:54 PM IST Shivalik Rasayan reports FY26 results and declares 10% dividend
  2. today Shivalik Rasayan profit drops 41% as board confirms dividend