Shri Bajrang Alliance Limited: Audited FY2026 Financial Results

Consolidated Net Profit (Q4): ₹19.40 crore
Standalone Net Profit (Q4): ₹6.31 crore

Reader Takeaway: Strong consolidated earnings driven by associates; note diluted profit share in one LLP.

What just happened

Shri Bajrang Alliance Limited announced its audited financial results for the quarter and year ended March 31, 2026. The company reported a standalone net profit of ₹6.31 crore for Q4 FY26, while its consolidated net profit stood at a much higher ₹19.40 crore for the same period. The audit opinion received was unmodified.

Why this matters

The substantial difference between standalone and consolidated profits highlights the significant contribution from the company's associates, namely Shri Bajrang Power and Ispat Limited and Shri Bajrang Chemical Distillery LLP. For investors, this indicates that a large portion of the group's overall earnings comes from its investments in other entities.

The backstory

During the financial year 2025-26, Shri Bajrang Alliance Limited reduced its profit-sharing interest in Shri Bajrang Chemical Distillery LLP by 14%. This move has resulted in the company's share of profit from this associate now being 16%.

What changes now

This filing confirms the financial performance for the fiscal year. The reduced profit share in Shri Bajrang Chemical Distillery LLP will impact future earnings from this specific associate. Additionally, the company has made governance changes.

Governance Updates

Effective June 1, 2026, Shri Bajrang Alliance Limited has reconstituted its Audit Committee and Nomination and Remuneration Committee. The new members for both committees are Anshul Dave (Chairman), Ravinder Singh Rajput (Member), and John Cherian (Member).

Auditor Appointments

The board has proposed the re-appointment of M/s. Sanat Joshi & Associates as Cost Auditors and M/s. PSA Jain & Co. as Internal Auditors for the upcoming financial year 2026-27. This suggests continuity in the company's internal and cost auditing functions.

Risks to watch

Investors should monitor the performance of the company's associates and how the reduced profit-sharing interest in Shri Bajrang Chemical Distillery LLP affects overall consolidated profitability in subsequent periods.

Peer comparison

(Data not provided in filing for direct comparison)

Context metrics (time-bound)

Standalone Revenue (Q4 FY26): ₹47.29 crore
Standalone Net Profit (Q4 FY26): ₹6.31 crore
Consolidated Net Profit (Q4 FY26): ₹19.40 crore

What to track next

Future quarterly results will show the impact of the diluted profit-sharing interest and the continued performance of the company's associates on consolidated earnings.