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7NR Retail Ltd (540615)

📊 BSE: 540615 🏢 Speciality Retail 📢 Latest filing: 21 Aug 2026

Latest quarterly results (Q1 FY27)

In its latest reported quarter, Q1 FY27, 7NR Retail's revenue was ₹2.9 Cr (-42.4% year on year), and net profit ₹1.1 Cr (against a loss a year earlier); the operating margin was 52.6%.

Q1 FY27 (₹ Cr)	Value	YoY vs Q1 FY26	QoQ
Revenue	₹2.9	-42.4%	from loss
Operating profit	₹1.5	from loss	from loss
Net profit	₹1.1	from loss	from loss
EPS (₹)	0.40	from loss	from loss
Operating margin	52.6%	—	—

Full quarterly financials → Results calendar →

📢 Recent Corporate Announcements

7NR Retail Receives BSE Approval to Reclassify Umang Trivedi (0.00% Stake) as Public Shareholder

🟡 NEUTRAL ⭐ 2/10

REGULATORY 📅 21 Aug 2026, 06:39 PM

7NR Retail Limited has received approval from BSE Limited for the reclassification of Mr. Umang Trivedi from the 'Promoter' category to the 'Public' category under Regulations 30 and 31A of SEBI LODR. Mr. Umang Trivedi holds 0 shares, representing a 0.00% stake in the company. The company had submitted the reclassification application to the exchange on July 9, 2026.

BSE approval received for reclassification of Mr. Umang Trivedi from Promoter to Public category
Shareholder holds 0 equity shares (0.00% shareholding)
Application for reclassification was submitted on July 9, 2026
Approval granted under SEBI LODR Regulations 30 and 31A

💡 Track the updated shareholding pattern filings in subsequent quarters to confirm the adjusted promoter group structure.

7NR Retail CFO Pradeepsingh Shekhawat Resigns Effective August 20, 2026

🟡 NEUTRAL ⭐ 7/10

MANAGEMENT 📅 20 Aug 2026, 07:12 PM

7NR Retail Ltd has announced the resignation of its Chief Financial Officer (CFO), Mr. Pradeepsingh Shekhawat, effective from the close of business hours on August 20, 2026. The resignation is stated to be for pursuing new career opportunities, with no other material reasons confirmed. The company reported a revenue of Rs 2.85 crore and a net profit of Rs 1.13 crore in the quarter ended June 2026, alongside a promoter holding of 10.04%. The board has not yet announced a successor for the CFO position.

CFO Mr. Pradeepsingh Shekhawat resigned with effect from the close of business hours on August 20, 2026
Reason stated is to pursue new career opportunities with no other material reasons cited
Company posted Q1 Jun 2026 revenue of Rs 2.85 crore and net profit of Rs 1.13 crore
Successor to the CFO position has not been disclosed in the filing

💡 Track subsequent board announcements regarding the appointment of a new Chief Financial Officer and continuity in financial governance.

Resignation of Statutory Auditor M/s. S S R V & Associates Effective August 13, 2026

🔵 WATCH ⭐ 7/10

MANAGEMENT 📅 13 Aug 2026, 07:21 PM

M/s. S S R V & Associates has resigned as the Statutory Auditor of 7NR Retail Ltd effective August 13, 2026, citing resource constraints due to new assignments. The auditor was originally appointed on May 26, 2025, with a term scheduled until March 31, 2030, meaning they are exiting significantly ahead of schedule. While the auditor and management state there are no disputes or material concerns, such mid-term exits in small-cap companies with low promoter holding (10.04%) typically require investor caution. The company reported a Q1 revenue of ₹2.85 crore and a PAT of ₹1.13 crore for the period ending June 2026.

Statutory Auditor resigned effective August 13, 2026, citing lack of time and resources.
The auditor's term was originally scheduled to last until March 31, 2030.
Last audit activity was the Limited Review Report for Q1 June 2026, issued on July 29, 2026.
Promoter holding is notably low at 10.04% as of March 2026.
Company net worth stands at ₹29 crore with a debt of ₹5 crore.

💡 Investors should monitor the profile and reputation of the incoming statutory auditor to be appointed by the Board. It is important to verify if the next quarterly results are released on time and if the new auditor raises any qualifications.

7NR Retail Shareholders Approve All 6 AGM Resolutions with Over 99.9% Majority

🟡 NEUTRAL ⭐ 3/10

ROUTINE 📅 10 Aug 2026, 08:05 PM

7NR Retail Limited has concluded its Annual General Meeting (AGM) held on August 7, 2026, with shareholders approving all six proposed resolutions. The voting, conducted via remote e-voting and during the meeting, saw high participation with approximately 8.07 million valid votes cast per resolution. All items, including the adoption of financial statements and director appointments, passed with a requisite majority exceeding 99.9%. Given the low promoter holding of 10.0%, these voting results confirm broad shareholder support for the current management's agenda.

All 6 resolutions passed with a majority exceeding 99.9% of valid votes cast
A total of 80,76,165 valid votes were cast in favor of the first resolution
The cut-off date for determining voting eligibility was July 31, 2026
Remote e-voting was conducted over a three-day period from August 4 to August 6, 2026
Promoter holding remains at a low 10.0%, making minority shareholder participation significant

💡 Investors should monitor the company's upcoming quarterly financial results to evaluate if the approved operational mandates lead to improved ROCE, which currently stands at a low 0.6%.

7NR Retail to Issue 9 Cr Shares for Rs 90 Cr Acquisition of Cultureantique Jewellery

🟢 POSITIVE ⭐ 9/10

M&A 📅 01 Aug 2026, 05:13 PM

7NR Retail is proceeding with a major acquisition of Cultureantique Jewellery Private Limited via a share swap arrangement. The company will issue 9,00,00,000 equity shares at a price of Rs 10 per share, totaling a consideration of Rs 90 crore. This acquisition is highly material as the deal value is approximately 3.1x the company's current net worth of Rs 29 crore. The swap ratio is set at 10 shares of 7NR Retail for every 1 share of the target company.

Issuance of 9,00,00,000 equity shares on a preferential basis for a share swap
Total purchase consideration for Cultureantique Jewellery set at Rs 90 crore
Swap ratio of 10 equity shares of 7NR Retail (Rs 10 face value) for 1 share of the target (Rs 100 face value)
Target company valuation independently determined at Rs 89.64 crore by a registered valuer
One proposed allottee name corrected to Kokilaben Vinodchandra Patel for 16,99,200 shares

💡 Investors should monitor the AGM voting results on August 7, 2026, and subsequent regulatory approvals for the share issuance. The primary focus should be on the financial performance of the acquired jewellery business to see if it justifies the massive equity dilution.

₹1.13 Cr Net Profit: 7NR Retail Reports Turnaround in Q1 FY27 Despite Revenue Decline

🟢 POSITIVE ⭐ 7/10

EARNINGS 📅 29 Jul 2026, 07:24 PM

7NR Retail has reported a significant turnaround in Q1 FY27, posting a net profit of ₹1.13 crore compared to a loss of ₹10.50 lakhs in the same quarter last year. This profitability was achieved despite a 42.4% year-on-year decline in revenue from operations, which fell to ₹2.85 crore. The turnaround is primarily driven by a sharp 72.6% reduction in total expenses, which dropped to ₹1.42 crore from ₹5.18 crore YoY. Consequently, the EPS improved to ₹0.40 from a negative ₹0.04 in the previous year's corresponding quarter.

Net Profit of ₹113.00 lakhs in Q1 FY27 vs a loss of ₹10.50 lakhs in Q1 FY26
Revenue from operations decreased 42.4% YoY to ₹285.35 lakhs
Total expenses reduced significantly to ₹142.15 lakhs from ₹518.57 lakhs YoY
Inventory adjustment of ₹(115.61) lakhs provided a substantial boost to the bottom line
Earnings Per Share (EPS) turned positive at ₹0.40 for the quarter

💡 Investors should monitor whether the company can sustain this profitability in future quarters given the shrinking revenue base and the impact of inventory accounting on current margins.

Rs 1.13 Cr Net Profit in Q1 FY27, a Sharp Turnaround from YoY Loss

🟢 POSITIVE ⭐ 7/10

EARNINGS 📅 29 Jul 2026, 06:42 PM

7NR Retail reported a significant turnaround in Q1 FY27 with a net profit of Rs 1.13 Cr, compared to a loss of Rs 0.11 Cr in the same quarter last year. Although revenue from operations declined 42.4% YoY to Rs 2.85 Cr, the company achieved profitability through a 72.6% reduction in total expenses. This single quarter's profit is approximately 7.5 times the total profit recorded for the entire previous financial year (FY26: Rs 0.15 Cr). The results show a substantial improvement in EPS to Rs 0.40 from a negative Rs 0.04 YoY.

Net Profit of Rs 1.13 Cr in Q1 FY27 vs a loss of Rs 0.11 Cr in Q1 FY26
Revenue from operations stood at Rs 2.85 Cr, a recovery from the negative revenue reported in the preceding March quarter
Total expenses decreased sharply to Rs 1.42 Cr from Rs 5.19 Cr in the year-ago period
Earnings Per Share (EPS) jumped to Rs 0.40 for the quarter
Inventory adjustments provided a credit of Rs 1.16 Cr, significantly aiding the bottom line

💡 Investors should monitor if this sudden profitability is sustainable or primarily driven by inventory adjustments. The key will be to see if the company can rebuild its revenue scale, which has halved compared to the previous year, while maintaining these improved margins.

7NR Retail Q1 Results: PAT Turns Positive to ₹1.13 Cr Despite 42% Revenue Decline

🟢 POSITIVE ⭐ 7/10

EARNINGS 📅 29 Jul 2026, 06:25 PM

7NR Retail reported a significant turnaround in Q1 FY27, posting a net profit of ₹1.13 crore compared to a loss of ₹0.10 crore in the same quarter previous year. This profitability was achieved despite a 42.4% year-on-year decline in revenue from operations, which fell to ₹2.85 crore. The bottom line was primarily supported by a sharp 72.6% reduction in total expenses, driven by inventory adjustments and lower stock purchases. While the turnaround is positive, the shrinking revenue base and low promoter holding of 10.04% remain key points of observation.

Net Profit turned positive at ₹113.00 Lakhs in Q1 FY27 vs a loss of ₹10.50 Lakhs in Q1 FY26
Revenue from operations declined 42.4% YoY to ₹285.35 Lakhs from ₹495.31 Lakhs
Total expenses were reduced by 72.6% YoY to ₹142.15 Lakhs, largely due to inventory management
Earnings Per Share (EPS) improved to ₹0.40 from a negative ₹0.04 in the year-ago period
Profit Before Tax (PBT) stood at ₹154.39 Lakhs compared to a loss of ₹10.50 Lakhs YoY

💡 Investors should monitor whether the company can stabilize its declining revenue while maintaining the current cost-efficiency in its textile trading business.

7NR Retail Board Meeting on July 29, 2026, to Approve Q1 FY27 Results

🟡 NEUTRAL ⭐ 3/10

BOARD_MEETING 📅 24 Jul 2026, 06:42 PM

7NR Retail Ltd has scheduled a board meeting for July 29, 2026, to consider and approve the unaudited financial results for the quarter ended June 30, 2026. This follows a challenging March 2026 quarter where the company reported negative revenue of Rs -0.4 crore and a net loss of Rs 0.32 crore. With a small market capitalization of Rs 46 crore and a low promoter holding of 10.04%, the upcoming results are critical for assessing the company's operational recovery. The company currently maintains a negative TTM operating margin of -6.2%.

Board meeting scheduled for July 29, 2026, to approve Q1 results.
Company reported a negative revenue of Rs -0.4 crore in the preceding March 2026 quarter.
Promoter holding is notably low at 10.04% as of March 2026.
TTM revenue stands at Rs 13 crore against a market cap of Rs 46 crore.
Operating profit margin (TTM) is currently negative at -6.2%.

💡 Investors should focus on the revenue line in the upcoming results to see if the company has recovered from the negative revenue reported in the previous quarter.

7NR Retail Announces Book Closure from July 31 to August 7, 2026 for 14th AGM

🟡 NEUTRAL ⭐ 2/10

ROUTINE 📅 23 Jul 2026, 04:08 PM

7NR Retail Ltd has announced the closure of its Register of Members and Share Transfer Books from July 31, 2026, to August 7, 2026. This is a procedural requirement for the company's 14th Annual General Meeting (AGM). The cut-off date for determining shareholder eligibility for e-voting is July 31, 2026. This announcement is administrative and does not impact the company's financial position, which currently shows a TTM revenue of Rs 13 Cr and a high P/E of 315.5.

Book closure period set from July 31, 2026, to August 7, 2026 (both days inclusive).
Cut-off date for determining shareholders for e-voting is July 31, 2026.
Cut-off date for sending AGM notices was July 10, 2026.
The event pertains to the company's 14th Annual General Meeting.

💡 Investors should review the upcoming AGM notice for any significant resolutions or updates on the company's strategy to improve its -6.2% operating margin.

7NR Retail to Increase Authorized Capital to ₹118 Cr and Diversify into Gems & Jewelry

🟢 POSITIVE ⭐ 8/10

EXPANSION 📅 16 Jul 2026, 05:59 PM

7NR Retail has proposed a massive 321% increase in its authorized share capital, raising it from ₹28.01 crore to ₹118.01 crore. This capital expansion is coupled with a strategic pivot, as the company seeks shareholder approval to enter the gems, jewelry, and bullion business. Additionally, the company has appointed Mr. Hit Shah as Managing Director for a three-year term effective July 16, 2026. These moves collectively indicate a major restructuring and preparation for significant fundraising or new business ventures.

Proposed increase in Authorized Share Capital by ₹90 crore to a total of ₹118.01 crore
New business vertical proposed for manufacturing and trading gold, silver, diamonds, and jewelry
Appointment of Mr. Hit Shah as Managing Director for a 3-year term until July 2029
14th Annual General Meeting (AGM) scheduled for August 7, 2026
Company assessed new Labour Codes and concluded no material financial impact

💡 Monitor the voting results of the AGM on August 7, 2026, and watch for subsequent filings regarding specific fundraising methods (e.g., Rights Issue or Preferential Allotment) to utilize the new capital headroom.

7NR Retail to increase Authorized Capital to ₹118 Cr and pivot to Jewelry business

🟢 POSITIVE ⭐ 7/10

EXPANSION 📅 16 Jul 2026, 05:55 PM

7NR Retail is proposing a significant 321% increase in its authorized share capital, raising it from ₹28.01 crore to ₹118.01 crore. This move, pending shareholder approval at the AGM on August 7, 2026, is intended to support a strategic pivot into the gold, silver, and jewelry retail/wholesale markets. The company has also appointed Mr. Hit Shah as Managing Director for a three-year term starting July 16, 2026. Such a large increase in authorized capital typically signals an upcoming major fundraise or corporate action.

Proposed increase in Authorized Share Capital from ₹28,00,68,000 to ₹1,18,00,68,000
Strategic diversification into gold, silver, bullion, and diamond jewelry business via object clause alteration
Appointment of Mr. Hit Shah as Managing Director for a 3-year term effective July 16, 2026
14th Annual General Meeting scheduled for August 7, 2026, to seek shareholder approval for these changes
Company assessed new Labour Codes and concluded no material impact on financial statements for FY26

💡 Monitor the AGM results on August 7, 2026, and watch for subsequent announcements regarding specific fund-raising methods (e.g., Rights Issue or Preferential Allotment) to utilize the increased capital.

7NR Retail Appoints Hit Shah as MD and Dilipbhai Patel as Chairperson; 14th AGM on Aug 7

🟡 NEUTRAL ⭐ 7/10

MANAGEMENT 📅 16 Jul 2026, 05:11 PM

7NR Retail has announced a significant leadership transition, appointing Mr. Hit Shah as Managing Director and Mr. Dilipbhai Vithhaldas Patel as Chairperson, effective July 16, 2026. Mr. Shah brings a background in digital marketing and branding (Founder of Imagine Social), while Mr. Patel has 8-10 years of experience in the textile and garment trading industry. The company has also scheduled its 14th Annual General Meeting (AGM) for August 7, 2026, and reconstituted its Audit and Stakeholders Relationship Committees. These changes occur following a volatile period where the stock price rose 43.6% in 6 months but fell 23.7% over the last year.

Appointment of Mr. Hit Shah as Managing Director effective July 16, 2026
Appointment of Mr. Dilipbhai Vithhaldas Patel as Chairperson with 8-10 years of textile experience
14th Annual General Meeting (AGM) scheduled for August 7, 2026, at 4:00 P.M.
Reconstitution of the Audit Committee and Stakeholders Relationship Committee effective July 16, 2026
Board meeting conducted and concluded within 15 minutes (4:30 P.M. to 4:45 P.M.)

💡 Investors should attend or review the proceedings of the upcoming AGM on August 7, 2026, to understand the new management's strategic roadmap and how they plan to address the company's long-term performance.

7NR Retail Appoints Hit Shah as MD and Dilipbhai Patel as Chairperson

🟡 NEUTRAL ⭐ 7/10

MANAGEMENT 📅 16 Jul 2026, 05:07 PM

7NR Retail has announced a significant leadership transition, appointing Mr. Hit Shah as Managing Director and Mr. Dilipbhai Vithhaldas Patel as Chairperson, effective July 16, 2026. Mr. Shah brings a background in digital branding and marketing, having led a team of 16+ professionals since 2022, while Mr. Patel has 8-10 years of experience in the textile and garment industry. The board also reconstituted its Audit and Stakeholders Relationship Committees and scheduled the 14th Annual General Meeting (AGM) for August 7, 2026. These changes represent a complete overhaul of the company's top executive and board leadership.

Appointment of Mr. Hit Shah as Managing Director effective July 16, 2026
Appointment of Mr. Dilipbhai Vithhaldas Patel as Chairperson with 8-10 years of textile industry experience
14th Annual General Meeting (AGM) scheduled for August 7, 2026, via Video Conferencing
Mr. Hit Shah previously led a team of 16+ professionals at Imagine Social since 2022
Reconstitution of Audit and Stakeholders Relationship Committees effective July 16, 2026

💡 Investors should monitor the upcoming AGM on August 7, 2026, to understand the new leadership's strategic vision and how they plan to improve the company's financial performance.

7NR Retail Appoints Hit Shah as MD and Dilipbhai Patel as Chairperson

🟡 NEUTRAL ⭐ 7/10

MANAGEMENT 📅 16 Jul 2026, 05:03 PM

7NR Retail has announced a significant leadership transition, appointing Mr. Hit Shah as Managing Director and Mr. Dilipbhai Vithhaldas Patel as Chairperson effective July 16, 2026. Mr. Shah brings a digital marketing background as the founder of Imagine Social, while Mr. Patel offers 8-10 years of experience in the textile and garment trading sector. The company has also scheduled its 14th Annual General Meeting (AGM) for August 7, 2026. Concurrently, the Audit and Stakeholders Relationship Committees have been reconstituted to integrate the new leadership.

Appointment of Mr. Hit Shah as Managing Director effective July 16, 2026
Appointment of Mr. Dilipbhai Vithhaldas Patel as Chairperson with 8-10 years of textile industry experience
14th Annual General Meeting (AGM) scheduled for August 7, 2026, at 4:00 P.M. via Video Conferencing
Mr. Hit Shah currently leads a team of 16+ professionals at his branding firm, Imagine Social
Board meeting concluded within 15 minutes, starting at 4:30 P.M. and ending at 4:45 P.M.

💡 Investors should monitor the 14th AGM on August 7, 2026, for any strategic shifts or growth plans presented by the new Managing Director.

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