Shivam Autotech Limited Approves FY Results; Financial Statements Reflect Net Loss of Rs. 8,205.27 Lakh
Shivam Autotech Limited announced the approval of its Audited Financial Results for the financial year ending March 31, 2026, following a Board of Directors meeting held on May 28, 2026. The Board also approved the re-appointment of M/s. JHS & Associates LLP, Chartered Accountants, New Delhi, as the Internal Auditors for the financial year 2026-27.The company released its audited financial results for the year and quarter ended March 31, 2026. The annual financial results reported a total comprehensive loss of Rs. 8,205.27 lakh.
Financial Performance Overview
The audited financial statements indicate that the company incurred a net loss of Rs. 8,205.27 lakh for the year ended March 31, 2026. As of March 31, 2026, the company's current liabilities exceeded its current assets by Rs. 5,060.08 lakh, resulting in a negative net worth of Rs. 4,068.21.Despite the net loss, management reported that the company generated an EBITDA of Rs. 3,179.99 lakh during the year and successfully met all its debt obligations, including the repayment of principal and payment of interest to lenders, banks, and financial institutions, as and when due.
The financial results for the quarter and year were prepared on a going concern basis. The management stated that this assessment is based on the expectation of improvement in the financial position through strategic refinancing of existing borrowings and better operational performance in the coming years.
The audit confirmed the results with an unmodified opinion on the Audited Financial Results for the quarter and year ended March 31, 2026.
Financial Data Summary
The detailed financial performance data for the quarter and year ended March 31, 2026, is presented below:| Particulars | Quarter Ended March 31, 2026 (Audited) | Year Ended March 31, 2026 | Quarter Ended March 31, 2025 (Audited) | Year Ended March 31, 2025 (Audited) |
|---|---|---|---|---|
| Revenue from Operation | 10,942.99 | 40,957.97 | 10,784.45 | 45,398.28 |
| Total Income | 11,081.75 | 41,202.52 | 10,854.87 | 45,648.70 |
| Total Expenses | 13,087.31 | 48,166.69 | 12,272.86 | 50,215.88 |
| Net Profit/(Loss) after tax | (2,671.86) | (8,133.16) | (1,475.89) | (4,804.19) |
| Total Comprehensive Income/(Loss) | (2,774.56) | (8,205.27) | (1,374.28) | (4,740.35) |
The Balance Sheet data as at March 31, 2026, and March 31, 2025, is as follows:
| Particulars | As at March 31, 2026 (Audited) | As at March 31, 2025 (Audited) |
|---|---|---|
| Property, plant and equipment | 27,056.96 | 30,222.24 |
| Financial assets (ii) Others | 712.53 | 1,140.95 |
| Deferred tax assets (net) | 1,989.25 | 2,869.82 |
| Total Assets | 46,888.07 | 51,085.24 |
| Equity share capital | 2,629.90 | 2,629.90 |
| Other equity | (6,698.11) | 518.25 |
| Total Equity liabilities | 46,888.07 | 51,085.24 |
Cash Flow Analysis
The Statement of Cash Flow for the half year ended March 31, 2026, showed the following key operational results:| Particulars | Year Ended March 31, 2026 | Year Ended March 31, 2025 |
|---|---|---|
| Net Profit Before Taxation and Exceptional activities | (7,252.59) | (4,567.18) |
| Operating profit before working capital changes | 3,183.53 | 5,123.54 |
| Net cash from operating activities | 499.19 | 7,739.26 |
| Net cash used in investing activities | (1,427.02) | (641.90) |
| Net cash used in financing activities | 919.81 | (7,136.12) |
| Cash or cash equivalents as at March 31, 2026 | 13.90 | 21.92 |
Related Party Transactions
The company also disclosed details regarding related party transactions (RPT) for goods, services, and finance costs, noting that transactions are conducted in the normal course of business and on terms equivalent to those prevailing in arm's length transactions.The total amounts for transactions with related parties for the years 2025-26 and 2024-25 (in Lakhs) were:
| Transaction Category | Related Party | 2025-26 | 2024-25 |
|---|---|---|---|
| Sale of Goods & Services | Munjal Showa Limited | 873.18 | 1,071.79 |
| Pushti Metal Industries LLP | - | 0.19 | |
| Purchase of goods and services | Munjal Showa Limited | 194.10 | 334.14 |
| Pushti Metal Industries LLP | 486.79 | 447.62 | |
| Earthly Possessions | 558.06 | 587.89 | |
| Finance Cost | Dayanand Munjal Investment Pvt. Ltd. | 948.23 | 862.81 |
| Munjal Showa Limited | 77.03 | - | |
| Loans Taken | Dayanand Munjal Investment Pvt. Ltd. | 900.00 | 750.00 |
| Loans Repaid | Dayanand Munjal Investment Pvt. Ltd. | 250.00 | 950.00 |
| Vendor Balance Repayment | Munjal Showa Limited | 192.12 | 950.00 |
| Salary & perquisites (Neeraj Munjal) | 180.58 | 180.58 | |
| Salary & perquisites (Charu Munjal) | 80.05 | 80.05 | |
| Salary & perquisites (Rhea Seth Munjal) | 44.10 | 33.91 | |
| Salary & perquisites (Devendra Kumar Goyal) | 31.17 | 28.08 | |
| Salary & perquisites (Shakti Kant Mahana) | 8.66 | 7.31 |
SHIVAMAUTO Stock Price Movement
On Wednesday, Shivam Autotech Limited shares shed 1.19%, settling at ₹18.18. The stock traded on a volume of 36,310 shares, hitting a low of ₹18.05 during the session.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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