Shivam Chemicals profit triples to ₹6.19 crore
The nano-cap company grew annual revenue by 27% to ₹284.23 crore, with earnings per share rising to ₹3.64.
What's new
- Net profit surged 195% to ₹6.19 crore for the year ended March 2026.
- Annual revenue climbed 26.8% to ₹284.23 crore.
- Earnings per share rose to ₹3.64 from ₹1.26 in the prior year.
Why this matters
For a company with a market valuation of roughly ₹170 crore, this profit expansion is a sharp turnaround. The unmodified audit opinion adds a layer of reliability to the jump in earnings.
What we're watching
- Whether the company maintains this growth in the current fiscal year.
- Sustainability of the 27% revenue growth rate.
- Future capital allocation plans for the increased cash flow.
The full read
Shivam Chemicals delivered a strong fiscal year. Net profit surged 195% to ₹6.19 crore for the year ended March 2026, up from ₹2.09 crore in the previous year.
Revenue climbed 26.8% to ₹284.23 crore. For a company with a market valuation of approximately ₹170 crore, the jump in earnings per share to ₹3.64 from ₹1.26 shows a material improvement in profitability. The board confirmed that statutory auditors provided an unmodified opinion, offering comfort that the numbers are reliable. The results show a clear growth trajectory for the firm. The challenge now is maintaining this momentum in the coming quarters.
Questions answered
- How did the company's profit growth compare to the previous year?
- Net profit reached ₹6.19 crore for FY26, a 195% increase over the ₹2.09 crore reported in FY25.
- What was the revenue performance for the year?
- Revenue from operations grew by 26.8% to reach ₹284.23 crore.
- Did the auditors raise any concerns?
- No. The statutory auditors issued an unmodified opinion on the financial statements.
- How did earnings per share change?
- Earnings per share increased to ₹3.64, up from ₹1.26 in the prior fiscal year.