Shivagrico Implements Ltd (522237)
Latest quarterly results (Q1 FY27)
In its latest reported quarter, Q1 FY27, Shivagrico Implements' revenue was ₹11.7 Cr (-0.4% year on year, -3.1% on the previous quarter), and net profit ₹0.1 Cr; the operating margin was 6.9%.
| Q1 FY27 (₹ Cr) | Value | YoY vs Q1 FY26 | QoQ |
|---|---|---|---|
| Revenue | ₹11.7 | -0.4% | -3.1% |
| Operating profit | ₹0.8 | +8.0% | -16.5% |
| Net profit | ₹0.1 | — | -57.1% |
| EPS (₹) | 0.12 | — | -57.1% |
| Operating margin | 6.9% | — | — |
📢 Recent Corporate Announcements
Shivagrico Implements reported a flat top-line for Q1 FY27, with total income at ₹11.72 Cr compared to ₹11.79 Cr in the same quarter last year. While net profit improved from a near-break-even ₹0.03 lakhs to ₹6.09 lakhs YoY, it saw a sequential decline from ₹13.90 lakhs in the March 2026 quarter. The company remains highly leveraged with total financial indebtedness of ₹17.86 Cr, which is significantly higher than its current market capitalization of ₹12 Cr. Export revenue provided a small silver lining, growing 42% YoY to ₹2.21 Cr.
- Total Income stood at ₹11.72 Cr, a marginal decline of 0.5% compared to ₹11.79 Cr in June 2025.
- Net Profit increased to ₹6.09 lakhs from ₹0.03 lakhs in the year-ago period, though down 56% QoQ.
- Total financial indebtedness reported at ₹17.86 Cr against a Net Worth of approximately ₹8 Cr.
- Overseas revenue grew to ₹2.21 Cr from ₹1.55 Cr in the same quarter last year.
- Finance costs remained a significant drag at ₹26.03 lakhs, representing 2.2% of total income.
Shivagrico Implements has scheduled a board meeting for August 12, 2026, to consider and approve unaudited financial results for the quarter ended June 30, 2026. The company is a micro-cap entity with a market capitalization of Rs 12 crore and a high debt-to-equity ratio of 2.12. In the previous fiscal year (FY26), the company reported a revenue of Rs 47.56 crore with a marginal net profit of Rs 0.39 crore. Investors will be monitoring if the company can improve its thin operating margins, which were 6.9% in FY26.
- Board meeting scheduled for August 12, 2026, at 3:00 p.m. to approve Q1 results
- Trading window for insiders remains closed from July 1, 2026, to August 14, 2026
- Company reported a TTM revenue of Rs 48 crore against a small market cap of Rs 12 crore
- Net profit for the most recent quarter (March 2026) was Rs 0.14 crore on revenue of Rs 12.1 crore
Shivagrico Implements has scheduled its 47th Annual General Meeting (AGM) for August 20, 2026. Key agenda items include the adoption of FY26 financial statements and the re-appointment of Mr. Vimalchand Jain as Managing Director for a 3-year term. The company reported a TTM revenue of ₹48 Cr with a marginal net profit of ₹0.39 Cr for FY26. Investors should note the high debt-to-equity ratio of 2.12 and low operating margins of 6.92%.
- 47th Annual General Meeting scheduled for August 20, 2026
- Proposed re-appointment of Mr. Vimalchand Jain as Managing Director for a 3-year period
- Cut-off date for e-voting eligibility set for August 13, 2026
- E-voting window to remain open from August 17 (9:00 AM) to August 19 (5:00 PM), 2026
- FY26 annual revenue reported at ₹47.56 Cr with a net profit of ₹0.39 Cr
Shivagrico Implements Ltd has announced the closure of its Register of Members and Share Transfer Books from August 17, 2026, to August 20, 2026. This action is taken for the purpose of conducting the company's 47th Annual General Meeting (AGM) scheduled for August 20, 2026. Additionally, the company has fixed August 13, 2026, as the cut-off date for e-voting eligibility. This is a standard regulatory procedure for small-cap companies (Market Cap ₹12 Cr) to facilitate annual shareholder proceedings.
- 47th Annual General Meeting (AGM) to be held on August 20, 2026
- Book closure period set for 4 days from August 17 to August 20, 2026
- Cut-off date for e-voting eligibility fixed as August 13, 2026
- Compliance filing pursuant to Regulation 42 of SEBI (LODR) Regulations 2015
Shivagrico Implements has scheduled its 47th Annual General Meeting (AGM) for August 20, 2026, to approve the FY26 audited financial statements and several board appointments. A key agenda item is the re-appointment of 77-year-old Mr. Vimalchand Jain as Managing Director for a 3-year term without any remuneration. The company is also seeking shareholder approval for the appointment of two new Independent Directors with expertise in IT/AI and Sales. This comes as the micro-cap company (Rs 12 Cr market cap) manages a high debt-to-equity ratio of 2.12.
- 47th Annual General Meeting scheduled for August 20, 2026, at 11:00 AM via VC/OAVM
- Proposed re-appointment of Mr. Vimalchand Jain as Managing Director for 3 years (2026-2029) at zero remuneration
- E-voting period set from August 17, 2026 (9:00 AM) to August 19, 2026 (5:00 PM)
- Appointment of Mr. Arvind Kumar Joshi as Independent Director, bringing 25 years of IT expertise
- Company reported TTM revenue of Rs 48 Cr with a thin OPM of 6.9% and near-zero net profit
Shivagrico Implements has released its FY2025-26 Annual Report and scheduled its 47th AGM for August 20, 2026. A key agenda item is the re-appointment of 77-year-old Managing Director Vimalchand Jain for a three-year term without remuneration. The company's financial health remains strained with a high Debt-to-Equity ratio of 2.12 and a thin Net Profit Ratio of 0.82% for FY26. Total short-term borrowings have increased to Rs 15.69 Cr, reflecting tight liquidity for this Rs 12 Cr market cap company.
- 47th Annual General Meeting scheduled for August 20, 2026, via video conferencing
- Proposed re-appointment of MD Vimalchand Jain (age 77) for 3 years without remuneration
- Net Profit Ratio for FY26 reported at 0.82%, down from 0.88% in FY25
- Return on Capital Employed (ROCE) stood at 6.46% for the year ended March 31, 2026
- Short-term borrowings rose to Rs 15.69 Cr from Rs 13.77 Cr in the previous year
Financial Performance
Financial analysis data not yet available for this company.
Operational Drivers
Operational analysis data not yet available for this company.
Strategic Growth
Strategic growth analysis not yet available for this company.
External Factors
External factors analysis not yet available for this company.
Regulatory & Governance
Regulatory analysis not yet available for this company.
Risk Analysis
Risk analysis not yet available for this company.