Quarterly Result29 May 2026, 01:05 am
Shivam Autotech Board Approves FY26 Results, Reappoints Internal Auditor
AI Summary
Shivam Autotech Limited's Board of Directors met on May 28, 2026, to approve the Audited Financial Results for the financial year ended March 31, 2026. The Board also re-appointed M/s. JHS & Associates LLP as the Internal Auditors for FY 2026-27. The company reported a net loss of ₹8,205.27 lakh for FY26, with current liabilities exceeding current assets by ₹5,060.08 lakh and negative net worth of ₹4,068.21 lakh. Despite this, the company generated an EBITDA of ₹3,179.99 lakh during the year and met all its debt obligations, with management preparing results on a going concern basis.
Key Highlights
- Board approved Audited Financial Results for the financial year ended March 31, 2026.
- JHS & Associates LLP re-appointed as Internal Auditors for FY 2026-27.
- Company reported a net loss of ₹8,205.27 lakh for the year ended March 31, 2026.
- Current liabilities exceeded current assets by ₹5,060.08 lakh as of March 31, 2026.
- Company generated EBITDA of ₹3,179.99 lakh and met all debt obligations.
Price Impact
More from SHIVAMAUTO