Shashwat Furnishing Solutions Ltd (543519)
Latest quarterly results (H2 FY26)
In its latest reported quarter, H2 FY26, Shashwat Furnishing's revenue was ₹15.0 Cr (+34.1% year on year, +67.3% on the previous half-year), and net profit ₹-0.2 Cr (against a profit a year earlier); the operating margin was -0.3%.
| H2 FY26 (₹ Cr) | Value | YoY vs H2 FY25 | vs prev. half |
|---|---|---|---|
| Revenue | ₹15.0 | +34.1% | +67.3% |
| Operating profit | ₹-0.0 | to loss | loss widened |
| Net profit | ₹-0.2 | to loss | — |
| EPS (₹) | -0.96 | to loss | — |
| Operating margin | -0.3% | — | — |
📢 Recent Corporate Announcements
Shashwat Furnishing Solutions has announced its 6th Annual General Meeting (AGM) scheduled for August 31, 2026. To facilitate this, the company will close its Register of Members and Share Transfer Books from August 24 to August 31, 2026. This is a standard regulatory procedure for micro-cap companies to finalize shareholder lists for voting. The company currently faces financial headwinds, having reported a net loss of ₹0.54 cr in FY26 compared to a profit in FY25.
- 6th Annual General Meeting scheduled for Monday, August 31, 2026
- Book closure period set for 8 days from August 24, 2026, to August 31, 2026
- Promoter holding has decreased from 73.42% in June 2025 to 57.54% in March 2026
- FY26 annual revenue stood at ₹2.36 cr, a significant drop from ₹4.68 cr in FY25
Shashwat Furnishing Solutions has proposed a special resolution to sell its entire investment in subsidiary Dhruvanshi Agrotech Private Limited to its promoters for Rs 27.20 lakh. The sale involves 8,000 equity shares at a price of Rs 340 per share (including a Rs 330 premium). This divestment comes as the company reported a significant revenue decline to Rs 2.36 Cr in FY26 from Rs 4.68 Cr in FY25, alongside a net loss of Rs 0.54 Cr. The transaction value represents approximately 9% of the company's current net worth of Rs 3 Cr.
- Proposed sale of 8,000 equity shares of Dhruvanshi Agrotech Private Limited to promoters
- Total consideration fixed at Rs 27.20 lakh (Rs 19.04 lakh from Mrs. Mayuri Karnawat and Rs 8.16 lakh from Mr. Piyush Karnawat)
- FY26 annual revenue dropped 49.5% year-on-year to Rs 2.36 Cr
- Promoter holding has seen a sharp decline from 73.42% in June 2025 to 57.54% in March 2026
- 6th Annual General Meeting (AGM) scheduled for August 31, 2026, to approve the divestment
Shashwat Furnishing Solutions has appointed M/s Singhvi Mehta & Associates as Internal Auditors and M/s Prashant Malhotra & Associates as Secretarial Auditors for the financial year 2026-27. This is a standard regulatory compliance filing under the Companies Act, 2013 and SEBI LODR. The company is currently a micro-cap with a market capitalization of Rs 17 Cr and is navigating a period of financial stress, having reported a net loss of Rs 0.54 Cr in FY26. Investors should note the significant reduction in promoter holding from 73.42% in June 2025 to 57.54% in March 2026.
- Appointment of M/s Singhvi Mehta & Associates as Internal Auditor for FY 2026-27
- Appointment of M/s Prashant Malhotra & Associates as Secretarial Auditor for FY 2026-27
- Company reported a revenue decline of approximately 50% from Rs 4.68 Cr in FY25 to Rs 2.36 Cr in FY26
- Promoter holding has decreased by 15.88% over the last three reported quarters
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