Shiva Suitings posts a loss and sees revenue fall by half in FY26
Annual revenue fell to ₹1.16 crore as the company swung to a net loss. Short-term liabilities exploded to over 15 times their prior level.
— 1 earlier story on Shiva Suitings Ltd. →What's new
- Shiva Suitings posted a net loss of ₹8.79 lakhs for FY26, reversing a prior profit of ₹5.34 lakhs.
- Annual revenue from operations fell more than 55% to ₹1.16 crore, down from ₹2.60 crore.
- Current liabilities jumped from ₹4.70 lakhs to ₹81.86 lakhs while total assets were ₹2.81 crore.
Why this matters
The revenue collapse and swing to a loss are clear operational failures. The balance sheet move is the immediate threat: current liabilities are now nearly 30% of total assets, a massive expansion for an ₹8 crore market-cap company.
What we're watching
- The source and terms of the ₹81.86 lakh liability spike.
- Whether the negative Q4 revenue of -₹1.82 lakhs is a one-time correction.
- Management's explanation for the >55% revenue collapse.
The full read
Shiva Suitings' FY26 results are a disaster. Revenue from operations collapsed more than 55% to ₹1.16 crore, swinging the company to a net loss of ₹8.79 lakhs from a ₹5.34 lakh profit. The fourth quarter was particularly stark: negative revenue of -₹1.82 lakhs after adjustments and returns. For a nano-cap with an ₹8 crore market capitalisation, this operational implosion is severe. The bigger alarm is on the balance sheet. Current liabilities exploded from ₹4.70 lakhs to ₹81.86 lakhs, now representing nearly 30% of total assets of ₹2.81 crore. That kind of short-term obligation surge for a company this size raises immediate questions about the source of the debt and whether it can be serviced.
Questions answered
- How severe was the revenue decline?
- Revenue from operations fell more than 55% to ₹1.16 crore for the full year. The fourth quarter recorded negative revenue of -₹1.82 lakhs after financial adjustments and sales returns.
- What does the net loss represent?
- The company posted a net loss of ₹8.79 lakhs for FY26. This reverses a profit of ₹5.34 lakhs in the prior year, marking a clear deterioration.
- What changed on the balance sheet?
- Current liabilities surged from ₹4.70 lakhs to ₹81.86 lakhs. With total assets of ₹2.81 crore, this means short-term obligations now account for nearly 30% of the asset base.
- Why was the fourth quarter revenue negative?
- The Q4 revenue of -₹1.82 lakhs was due to financial adjustments and sales returns that exceeded new sales. This points to a significant contraction or reversal of prior business activity.
Story so far
All notes on SHVSUIT →- 29 May 2026 · 7:09 PM IST Shiva Suitings posts a loss and sees revenue fall by half in FY26
- 1d ago Shiva Suitings filed FY2025 results 13 months late, after FY2026 was already public