S V Global Mill Ltd (535621)
Q2 FY27 results
📅 Next results: 24 Oct 2026 (board meeting)S V Global Mill Ltd's board meets on 24 Oct 2026 to consider its Q2 FY27 results (July-September 2026).
In its latest reported quarter, Q1 FY27, S V's revenue was ₹0.7 Cr (-28.0% year on year, -28.0% on the previous quarter), and net profit ₹4.8 Cr (+383.3% year on year); the operating margin was -143.8%.
| Q1 FY27 (₹ Cr) | Value | YoY vs Q1 FY26 | QoQ |
|---|---|---|---|
| Revenue | ₹0.7 | -28.0% | -28.0% |
| Operating profit | ₹-1.0 | — | loss narrowed |
| Net profit | ₹4.8 | +383.3% | from loss |
| EPS (₹) | 2.67 | +456.2% | from loss |
| Operating margin | -143.8% | — | — |
📢 Recent Corporate Announcements
The Board of Directors of S V Global Mill Ltd has approved a Scheme of Arrangement to cancel 10,91,187 unclaimed physical shares, representing 6% of its paid-up equity capital. Post-cancellation, total equity shares will decrease from 1,80,82,970 to 1,69,91,783 (Face Value Rs 5 each), with promoter holding proportionally rising from 69% to 73%. The move is aimed at eliminating administrative expenses related to maintaining a suspense account, as the shares could not be transferred to IEPF due to no dividend declarations. The scheme remains subject to approvals from SEBI, stock exchanges, shareholders, and the NCLT.
- Proposed cancellation of 10,91,187 physical shares comprising 6% of total paid-up share capital.
- Total share count to reduce from 1,80,82,970 to 1,69,91,783 equity shares of Rs 5 face value each.
- Promoter shareholding will proportionally increase from 69% (1,24,57,356 shares) to 73% without any fresh acquisition.
- Scheme is subject to statutory approvals from SEBI, Stock Exchanges, NCLT, and shareholders.
S V Global Mill Ltd has scheduled a Board of Directors meeting on August 28, 2026. The board will consider and approve a Scheme of Arrangement regarding the cancellation of physical shares held in the Suspense Account. Following board approval, the scheme will be submitted to NCLT Chennai and BSE for statutory clearances.
- Board meeting scheduled for August 28, 2026 via video conferencing
- Agenda includes approval of a Scheme of Arrangement to cancel physical shares held in Suspense Account
- Scheme subject to approvals from NCLT Chennai and BSE
S V Global Mill Ltd has announced the resignation of its Chief Financial Officer (CFO), Sri. B. Parameswar, effective from the close of business hours on August 3, 2026. The resignation is cited as being for personal reasons. This leadership change occurs as the company navigates a challenging financial period, reporting a TTM net loss of Rs 10 crore on a small revenue base of Rs 4 crore. Despite these losses, the company maintains a zero-debt position and holds significant land banks in Bengaluru and Chennai for future development.
- CFO Sri. B. Parameswar resigned effective August 3, 2026, due to personal reasons
- Company reported a significant net loss of Rs 16.0 crore in the March 2026 quarter
- TTM revenue remains low at Rs 4 crore compared to a market capitalization of Rs 255 crore
- Maintains a zero-debt status with a net worth of Rs 56 crore as of the latest filings
S V Global Mill Ltd has approved its unaudited financial results for the quarter ended June 30, 2026. The company continues to operate with a very low revenue base, reporting a TTM revenue of only ₹4 Cr against a market capitalization of ₹255 Cr. Despite a net loss of ₹10 Cr in the trailing twelve months, the company maintains a zero-debt balance sheet and holds significant land banks in Bengaluru and Chennai. Investors should note the high Price-to-Book ratio of 4.5 relative to current operational performance.
- Board meeting concluded at 01:40 P.M. on August 3, 2026, to approve Q1 results.
- TTM Revenue stands at ₹4 Cr, representing only ~1.5% of the current Market Cap.
- Promoter holding remains stable at 68.89% as of the June 2026 quarter.
- Company maintains a Zero Debt status, leveraging internal accruals for land development.
- Previous quarter (Mar 2026) saw a significant net loss of ₹16.0 Cr.
S V Global Mill approved its Q1 FY27 results and announced the resignation of CFO B. Parameswar effective August 3, 2026. A significant legal update involves the compulsory acquisition of 3 acres and 16 guntas of land by the Karnataka Government; mediation has failed, and the case is back in the High Court. Given the company's small TTM revenue of Rs 4 Cr and a net loss of Rs 10 Cr, the outcome of this land compensation case is a key valuation driver. The company remains zero-debt with a net worth of Rs 56 Cr.
- CFO B. Parameswar resigned from his position effective August 3, 2026
- Legal dispute involves 3 acres and 16 guntas of land acquired by the Karnataka Government
- Company reported a TTM revenue of only Rs 4 Cr against a market cap of Rs 255 Cr
- Net worth stands at Rs 56 Cr with a zero-debt capital structure
- Mediation for additional land compensation failed and was referred back to the High Court
S V Global Mill Ltd has appointed M/s. Senthil Kumar and Sundararajan as Statutory Auditors for a five-year term spanning FY 2026-27 to FY 2030-31. This appointment, approved at the 19th AGM on July 31, 2026, follows the resignation of the previous auditor, M/s. S. Viswanathan LLP, effective July 3, 2026. The company currently operates with a TTM revenue of Rs 4 crore and a net loss of Rs 10 crore, though it maintains a zero-debt position with a net worth of Rs 56 crore.
- Appointment of M/s. Senthil Kumar and Sundararajan for a 5-year term until the conclusion of the 24th AGM in FY 2030-31
- Previous auditor M/s. S. Viswanathan LLP resigned effective July 3, 2026, two years before their original term was set to end
- The new audit firm, founded in 2007, consists of 5 partners with experience in major audit firms and corporate industry
- Shareholders ratified the appointment during the 19th Annual General Meeting held on July 31, 2026
S V Global Mill Ltd has scheduled a board meeting for August 3, 2026, to approve un-audited financial results for the quarter ended June 30, 2026. This follows a volatile fiscal year where the company reported a significant net loss of Rs 16.0 crore in the March 2026 quarter despite a small revenue base of Rs 1.0 crore. Investors will be monitoring the results for any operational progress on its land bank developments in Bengaluru and Chennai. The trading window for insiders is closed until August 5, 2026.
- Board meeting scheduled for August 3, 2026, to approve Q1 results.
- Trading window for insiders remains closed until August 5, 2026.
- Company reported a net loss of Rs 16.0 crore in the previous quarter (March 2026).
- TTM revenue stands at a modest Rs 4 crore against a market cap of Rs 251 crore.
S V Global Mill Ltd has announced the closure of its Register of Members and Share Transfer Books from July 25, 2026, to July 31, 2026. This administrative action is taken to facilitate the company's 19th Annual General Meeting (AGM). The cut-off date for determining shareholder eligibility for e-voting is set for July 24, 2026. This is a standard regulatory requirement under SEBI (LODR) Regulations, 2015.
- Book closure period spans 7 days from July 25, 2026, to July 31, 2026
- Cut-off date for e-voting eligibility is fixed as July 24, 2026
- The filing pertains to the upcoming 19th Annual General Meeting of the company
- Compliance is maintained under Regulation 42 of SEBI (LODR) Regulations, 2015
S V Global Mill Ltd has scheduled its 19th Annual General Meeting (AGM) for July 31, 2026, to be conducted via video conferencing. The primary agenda includes the appointment of M/s. Senthil Kumar & Sundararajan as Statutory Auditors for a five-year term (FY 2026-27 to 2030-31) following the resignation of the previous auditor. Shareholders will also vote on the continuation of Sri. D. Kuppan as a Non-Executive Director, who is over 75 years of age. The cut-off date for e-voting eligibility is July 24, 2026.
- 19th AGM scheduled for July 31, 2026, at 12:00 Noon IST via VC/OAVM
- Proposed appointment of M/s. Senthil Kumar & Sundararajan as Statutory Auditors for a 5-year term
- Cut-off date for e-voting set for July 24, 2026, with the voting period ending July 30, 2026
- Special resolution proposed for Sri. D. Kuppan to continue as Director beyond the age of 75
- Casual vacancy in auditor position filled effective July 3, 2026, due to resignation of M/s S. Viswanathan LLP
S V Global Mill Ltd has released its FY 2025-26 Annual Report, highlighting a significant turnaround to a Profit After Tax (PAT) of ₹813.3 Lakhs, compared to a loss of ₹31.70 Lakhs in FY25. This profitability was largely driven by a substantial increase in 'Other Income', which rose to ₹1653.9 Lakhs from ₹351.94 Lakhs. The company has proposed no dividend for the year. Additionally, the company is seeking shareholder approval for the appointment of new statutory auditors, M/s Senthil Kumar & Sundararajan, following the resignation of the previous auditors.
- Turnaround to a Profit After Tax of ₹813.3 Lakhs in FY26 from a loss of ₹31.70 Lakhs in FY25
- Other Income surged to ₹1653.9 Lakhs, significantly exceeding the Operating Income of ₹168.54 Lakhs
- Total Assets grew to ₹6782.88 Lakhs as of March 31, 2026, up from ₹5969.58 Lakhs in the previous year
- Appointment of M/s Senthil Kumar & Sundararajan as Statutory Auditors for a 5-year term starting FY 2026-27
- 19th Annual General Meeting (AGM) scheduled for July 31, 2026, via video conferencing
Financial Performance
Revenue Growth by Segment
The company is engaged exclusively in real estate activities, which constitutes 100% of its operations; specific segment revenue growth in INR was not disclosed in available documents.
Geographic Revenue Split
Operations are concentrated in Bengaluru and Chennai, targeting residential and commercial demand in these urban hubs; specific percentage split per city is not disclosed.
Profitability Margins
Return on Equity (ROE) declined from -0.01 in FY 2023-24 to -0.04 in FY 2024-25, representing a negative variance of 121% due to ongoing operational costs and lack of project completions during the period.
EBITDA Margin
Not disclosed in available documents; however, the company reported a negative ROE of -0.04 for FY 2024-25.
Capital Expenditure
The company maintains land inventories in Bengaluru and Chennai and is waiting for rightful opportunities to invest and construct; specific planned expenditure in INR Cr is not disclosed.
Credit Rating & Borrowing
The company follows a Zero Debt policy to expand via internal accruals; the Debt-Equity ratio improved from 0.12 to 0.11 (an 8.3% decrease) for the year ended March 31, 2025.
Operational Drivers
Raw Materials
Key construction materials include steel, cement, sand, bricks, electrical components, plumbing fixtures, HVAC systems, and finishing materials.
Import Sources
Not disclosed in available documents; materials are likely sourced domestically within India to support projects in Chennai and Bengaluru.
Capacity Expansion
The company holds significant land inventories in Bengaluru and Chennai for future development; current employee capacity is 15 personnel as of March 31, 2025.
Raw Material Costs
Construction costs have risen due to volatility in crude oil and mineral prices; specific raw material costs as a percentage of revenue are not disclosed.
Manufacturing Efficiency
Not applicable as the company is in real estate development; efficiency is measured by project execution and land safeguarding.
Strategic Growth
Expected Growth Rate
6.8%
Growth Strategy
The company aims to leverage its Zero Debt status and internal accruals to develop existing land banks in Bengaluru and Chennai. Strategy includes identifying new project opportunities in high-demand urban corridors and diversifying business objects through Memorandum of Association amendments.
Products & Services
Commercial spaces, residential properties, and land development projects.
Brand Portfolio
S V Global Mill Limited.
New Products/Services
The company is proposing to add a new business object (Object 5) to its Memorandum of Association to venture into new projects; expected revenue contribution is not yet disclosed.
Market Expansion
Focus remains on the Bengaluru and Chennai markets due to their proximity to transportation hubs and growing corporate ecosystems.
External Factors
Industry Trends
The real estate industry is seeing rising demand for residential and commercial spaces in Bengaluru and Chennai, supported by a professional class and developed corporate ecosystem; India remains a fast-growing large economy.
Competitive Landscape
The company competes with other real estate developers in the South Indian market, particularly those focused on commercial and residential segments in Chennai and Bengaluru.
Competitive Moat
The company's moat is built on a Zero Debt policy and ownership of prime land inventories in high-growth regions, providing a low-risk financial structure compared to leveraged competitors.
Macro Economic Sensitivity
Highly sensitive to Indian GDP growth (projected at 6.8% for FY26) and inflation, which spurs consumption demand in the real estate sector.
Consumer Behavior
Rising demand for quality residential and commercial spaces driven by a 'zestful professional class' in major South Indian hubs.
Geopolitical Risks
Ongoing wars in Asia and the Middle East since 2022 have caused volatility in crude oil and mineral prices, directly increasing construction material costs.
Regulatory & Governance
Industry Regulations
Subject to local, state, and central laws governing land acquisition, construction, zoning, permitted land use, and building height; the subsidiary is regulated under the Reserve Bank of India Act, 1934 as an NBFC.
Environmental Compliance
Operations must comply with fire safety standards and environmental regulations governing land use and building height.
Taxation Policy Impact
The company is subject to taxation matters currently in legal proceedings; specific tax rates are not disclosed.
Legal Contingencies
The company is involved in legal proceedings relating to land and taxation matters; adverse decisions could significantly impact financials, though specific INR values are not disclosed.
Risk Analysis
Key Uncertainties
Regulatory delays in obtaining approvals for construction can expose the business to higher holding costs; commodity price volatility poses a risk to project margins.
Geographic Concentration Risk
100% of business activity and land banks are concentrated in the Chennai and Bengaluru regions.
Third Party Dependencies
Dependency on regulatory bodies for land use approvals and construction permits.
Technology Obsolescence Risk
Not a primary risk for land-holding real estate, though digital transformation in internal controls is noted as adequate.
Credit & Counterparty Risk
The company monitors credit risk as part of its internal financial control system, though specific exposure is not quantified.
