Shree OSFM E-Mobility Announces Audited Financial Results for the Half and Year Ended March 31, 2026
Shree OSFM E-Mobility Limited, formerly Shree OSFM E-Mobility Private Limited, reported its audited financial results for the half year and full year ended March 31, 2026. The Board of Directors reviewed these results during its meeting held on May 21, 2026.During the meeting, the Board of Directors took on record the audited financial results for the half year and year ended March 31, 2026, along with the audit report. Management also confirmed the receipt of certificates concerning the utilization and non-utilization of funds.
The company also provided a statement of assets and liabilities, along with its statement of cash flows, for the years ending March 31, 2026, and March 31, 2025.
Key Financial Results (P&L)
The consolidated financial results for the period reflect a total income of 15,581.58 Lakhs for the year ended March 31, 2026.Total revenue from operations reached 15,251.22 Lakhs for the full year, compared to 13,803.67 Lakhs in the previous year. For the half year ended March 31, 2026, the total revenue from operations was 7,691.72 Lakhs.
Total expenses for the full financial year were 14,569.72 Lakhs. The Profit After Tax for the year ended March 31, 2026, stood at 757.88 Lakhs. Earnings per equity share for the full year were 4.92, both basic and diluted.
For the half year ended March 31, 2026, the Profit After Tax was 271.23 Lakhs, leading to an earning per equity share of 1.76.
| Particulars | Half Year Ended on 31-Mar-26 | Full Year Ended on 31-Mar-26 |
|---|---|---|
| Total Revenue from Operations (Lakhs) | 7,691.72 | 15,251.22 |
| Total Income (Lakhs) | 7,878.65 | 15,581.58 |
| Total Expenses (Lakhs) | 7,518.02 | 14,569.72 |
| Profit Before Tax (Lakhs) | 360.63 | 1,011.86 |
| Profit After Tax (Lakhs) | 271.23 | 757.88 |
| Basic EPS (Rs.) | 1.76 | 4.92 |
Financial Position and Balance Sheet
The company’s total assets and total equity and liabilities remained stable at 13,108.4 Lakhs as of March 31, 2026, matching the figure from the previous year.Reserves and Surplus saw a significant increase, reaching 6,878.39 Lakhs, up from 6,120.51 Lakhs in the preceding year.
The Balance Sheet data for both years is detailed below:
| Particulars (Lakhs) | As at March 31, 2026 | As at March 31, 2025 |
|---|---|---|
| I. TOTAL EQUITY AND LIABILITIES | 13,108.4 | 11,136.8 |
| Share capital | 1,540.34 | 1,540.34 |
| Reserves and Surplus | 6,878.39 | 6,120.51 |
| Long-Term Borrowings | 1,332.13 | 1,104.33 |
| Trade Payables | 1,356.21 | 994.98 |
| Other current liabilities | 1,154.62 | 829.72 |
| II. TOTAL ASSETS | 13,108.4 | 11,136.8 |
| Property, Plant and Equipment (Lakhs) | 1,628.37 | 1,506.03 |
| Non-current investments (Lakhs) | 688.22 | 701.17 |
| Trade Receivables (Lakhs) | 1,595.4 | 1,556.49 |
| Cash and Cash Equivalents (Lakhs) | 5,096.11 | 3,183.63 |
Cash Flow Summary
The Statement of Cash Flows indicates a substantial increase in the net cash generated from operating activities for the year ended March 31, 2026, reaching 2,472.72 Lakhs, up from 377.38 Lakhs the previous year.The cash generated from operating activities was primarily supported by adjustments, while the net cash generated from investing activities remained negative at -625.9 Lakhs, compared to -1,462.81 Lakhs the previous year.
| Activity | Year Ended March 31, 2026 | Year Ended March 31, 2025 |
|---|---|---|
| Net Cash from Operating Activities | 2,472.72 | 377.38 |
| Net Cash from Investing Activities | -625.90 | -1,462.81 |
| Net Cash from Financing Activities | 65.66 | 1,246.58 |
| Net Increase in Cash and Cash Equivalents | 1,912.48 | 161.17 |
Utilization of Issued Funds
In connection with the utilization of proceeds, the company provided a certificate detailing the application of funds raised through Initial Public Offering (IPO) and Preferential Issues.As of March 31, 2026, the company confirmed that a total of 3,085.28 Lakhs was utilized against the total disclosed amount of 3,993.17 Lakhs.
The utilization breakdown per category is as follows:
| Nature of the Fund Raised | Object as disclosed in the Offer Document | Amount Disclosed (Lakhs) | Actual Utilized Amount (Lakhs) | Unutilized Amount (Lakhs) |
|---|---|---|---|---|
| Initial Public Offer | Funding Additional Working Capital requirements | 510.85 | 510.85 | |
| Initial Public Offer | Purchase of Passenger Vehicles | 1,221.78 | 620.60 | 601.18 |
| Initial Public Offer | General Corporate Purposes | 726.97 | 726.97 | |
| Preferential Issues | Funding Additional Working Capital requirements | 1,226.86 | 1,226.86 | |
| Preferential Issues | General Corporate Purpose | 306.71 | - | 306.71 |
| Total | 3,993.17 | 3,085.28 | 907.89 |
SHREEOSFM Stock Price Movement
As of 2:06 PM, shares of Shree OSFM E-Mobility Limited are trading flat in live market activity, holding steady at ₹68.5, which registers a 0.00% change. The stock is matching its previous close of ₹68.5, suggesting a pause in intraday momentum as traders wait for further market direction.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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