Shivam Autotech reports FY26 net loss of ₹8,205.27 Lakhs; Internal Auditors re-appointed

Shivam Autotech Limited's Board of Directors approved the Audited Financial Results for the financial year ended March 31, 2026. The company reported a net loss of ₹8,205.27 Lakhs for FY26. As of March 31, 2026, current liabilities exceeded current assets by ₹5,060.08 Lakhs, and the company had a negative net worth of ₹4,068.21 Lakhs. Despite this, the company generated an EBITDA of ₹3,179.99 Lakhs during the year and met all its debt obligations. The management prepared the financial results on a going concern basis, anticipating improved financial position through strategic refinancing. Additionally, M/s. JHS & Associates LLP were re-appointed as Internal Auditors for FY27. The statutory auditors emphasized the management's judgment on deferred tax assets and the going concern assumption.