Shree Rama Multi-Tech Ltd
Shree Rama Multi-Tech: FY26 Net Profit Rs. 2,476.23 Lakhs, Auditor Qualified Opinion
RESULTS
▼ Concern Flagged
MEDIUM RISK
📅 Filed on BSE: 09 May 2026, 01:51 PM IST · BSE ID: 12c2fbdc-c6cf-4109-9726-455522596058
View Original BSE Filing (PDF)
💡
In Simple Terms
The company reported its full year financial results, showing profit and revenue figures, but its auditor raised concerns about uncombined subsidiary accounts.
🤖 AI Summary
- Board approved audited financial results for quarter and year ended March 31, 2026
- FY26 Net Profit Rs. 2,476.23 Lakhs; FY25 Net Profit Rs. 5,134.57 Lakhs
- FY26 Revenue from operations Rs. 23,967.74 Lakhs, compared to Rs. 20,783.87 Lakhs in FY25
- Statutory auditor issued a qualified opinion regarding non-consolidation of WOS accounts
- Total Expenses for FY26 reported as Rs. 20,987.07 Lakhs
🔢 Key Numbers — exact figures from BSE filing, not rounded
Revenue from operations (Year ended 31/03/2026)
23,967.74 Lakhs
15.31%
Net Profit for the period (Year ended 31/03/2026)
2,476.23 Lakhs
-51.78%
Total Expenses (Year ended 31/03/2026)
20,987.07 Lakhs
12.43%
Basic EPS (Year ended 31/03/2026)
1.77
-52.92%
🏢 How This Affects the Company
The company operates in a single segment, "Manufacturing of Packaging Materials," indicating continued focus in this area for its revenue generation.
FY26 Net Profit decreased to Rs. 2,476.23 Lakhs from Rs. 5,134.57 Lakhs in FY25. Revenue from operations increased to Rs. 23,967.74 Lakhs for FY26 from Rs. 20,783.87 Lakhs in FY25.
The company has estimated financial implications from new Labour Codes and made an additional provision of Rs. 70.04 lakhs for past service cost.
The auditor's qualified opinion regarding the non-consolidation of the wholly-owned subsidiary, Shree Rama (Mauritius) Limited, as per Ind AS 110, introduces a compliance and reporting risk.
👥 What This Means For Shareholders
✅
Action Required
No immediate action is required from shareholders based on this financial results filing.
👤
Who Is Affected
All shareholders are affected by the disclosed financial performance and the auditor's qualified opinion, which indicates a deviation from standard accounting practices regarding a subsidiary.
🔍
Management Signal
Management confirmed the approval of financial results and noted the non-consolidation issue with a provision for diminution in subsidiary investment in earlier years.
For information only. Not investment advice. ForgeUp is not SEBI-registered.
👁 Watch List — track these upcoming events
Next quarterly results — observe revenue and profit trends for sustained performance.
Clarity on auditor's qualified opinion — check if subsidiary consolidation issue is addressed.
Update on Labour Code financial implications — monitor future provisions or adjustments.
MEDIUM RISK
Auditor's qualified opinion on non-consolidation of subsidiary accounts presents a financial reporting risk.
💡 Investor Takeaway
Shree Rama Multi-Tech's FY26 Net Profit decreased to Rs. 2,476.23 Lakhs from Rs. 5,134.57 Lakhs in FY25, despite an increase in Revenue from operations to Rs. 23,967.74 Lakhs. The statutory auditor issued a qualified opinion due to non-consolidation of a wholly-owned subsidiary's accounts.
⚖️ Strengths & Concerns
✅ Positives
- Revenue from operations increased to Rs. 23,967.74 Lakhs for the year ended March 31, 2026, up from Rs. 20,783.87 Lakhs in the prior year.
- Profit before tax for the year ended March 31, 2026, was Rs. 3,359.71 Lakhs, a significant increase from Rs. 2,183.80 Lakhs in FY25.
⚠️ Concerns
- Net Profit for the year ended March 31, 2026, was Rs. 2,476.23 Lakhs, a decrease from Rs. 5,134.57 Lakhs for the year ended March 31, 2025.
- Statutory auditors issued a qualified opinion due to the non-consolidation of accounts for Shree Rama (Mauritius) Limited, a wholly-owned subsidiary.