Shekhawati Industries Reports ₹6.28 Cr FY26 Profit, Plans Capital Increase
Shekhawati Industries Ltd has announced its audited financial results for the fiscal year ending March 31, 2026. The company reported a net profit of ₹6.28 crore on total revenues of ₹62.41 crore. The Board of Directors also approved a proposal to increase the company's authorised share capital by ₹20 crore, pending shareholder approval.
The company's revenue from operations for FY26 stood at ₹62.41 crore. Profit Before Tax was ₹8.81 crore, leading to a Net Profit After Tax of ₹6.28 crore. The basic Earnings Per Share (EPS) for the year was ₹1.82.
In a separate but related move, the Board greenlit a proposal to raise the company's authorised share capital from ₹40 crore to ₹60 crore. This ₹20 crore expansion requires shareholder consent. The move suggests potential future funding needs for expansion or other strategic corporate actions.
Shekhawati Industries Ltd, founded in 1990, operates in the textile sector, manufacturing polyester texturized yarn, twisted yarn, and knitted fabrics, with additional activities in real estate. The company was formerly known as Shekhawati Poly-Yarn Limited before rebranding to Shekhawati Industries Limited in July 2024. It has a history of expanding its manufacturing facilities.
Shareholders will soon be asked to vote on the proposed increase in authorised share capital. The company has also reappointed M/s. Sunil Kudva & Co. as Internal Auditor and M/s. N. Ritesh & Associates as Cost Auditor for the financial year 2026-2027.
While no specific risks were detailed in the filing, Shekhawati Industries operates within the competitive textile sector alongside firms such as KPR Mill Ltd, Vardhman Textiles Ltd, Trident Ltd, and Welspun Living Ltd.
Key items investors will track include the outcome of the shareholder vote on the capital increase, as well as details for the upcoming 35th Annual General Meeting (AGM) and any future announcements regarding the utilisation of the expanded capital.
