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Shradha AI Technologies announced strong financial results for the fiscal year ending March 31, 2026, highlighting a 27.5% growth in revenue.
Key Financial Highlights
Revenue from operations reached ₹18.86 crore for FY26, a significant rise from ₹14.79 crore in the previous fiscal year. Net profit after tax (PAT) also saw an increase, climbing to ₹10.55 crore from ₹9.70 crore in FY25. Profit before tax grew by 10.2% to ₹13.99 crore.
Shareholder Returns and Audit Confidence
The Board of Directors has recommended a final dividend of ₹0.60 per equity share, representing 30% of the face value. This proposed payout underscores the company's commitment to returning value to its shareholders. Additionally, the company received an unmodified audit opinion from its statutory auditors, M/s. Yawalkar and Associates, reinforcing confidence in its financial reporting accuracy. M/S Deshpande Bhalerao and Pashine have been appointed as internal auditors for FY27.
Business Context and Challenges
In the prior fiscal year, Shradha AI Technologies reported revenues of ₹14.79 crore and a net profit of ₹9.70 crore. The company has been managing operational adjustments related to the implementation of new regulatory frameworks, specifically the four Labour Codes, which have an impact on employee benefit expenses.
Investor Outlook
These audited results provide shareholders with a clear picture of the company's FY26 performance. The recommended dividend will be subject to approval at the upcoming Annual General Meeting (AGM). Investors will be closely watching the company's ability to sustain its revenue growth and effectively manage employee benefit costs influenced by the Labour Codes, which could impact future profitability.