Vashishtha Luxury Fashion Ltd (544508)
Latest quarterly results (H2 FY26)
In its latest reported quarter, H2 FY26, Vashishtha Luxury's revenue was ₹7.5 Cr (+23.8% year on year, +10.5% on the previous half-year), and net profit ₹0.9 Cr (-17.6% year on year); the operating margin was 12.4%.
| H2 FY26 (₹ Cr) | Value | YoY vs H2 FY25 | vs prev. half |
|---|---|---|---|
| Revenue | ₹7.5 | +23.8% | +10.5% |
| Operating profit | ₹0.9 | -41.5% | -37.6% |
| Net profit | ₹0.9 | -17.6% | -19.8% |
| EPS (₹) | 3.78 | -45.5% | -19.7% |
| Operating margin | 12.4% | — | — |
📢 Recent Corporate Announcements
Shareholders of Vashishtha Luxury Fashion Limited approved the appointment of M/s. SMNK & Co., Chartered Accountants, as the company's Statutory Auditors at its 4th Annual General Meeting on September 22, 2026. The appointment is for a standard term of five consecutive years, running until the conclusion of the AGM in 2031. SMNK & Co. is a peer-reviewed firm comprising 8 ICAI members (5 Fellow, 3 Associate) and over 15 professionals across branches in Gujarat, Madhya Pradesh, and Rajasthan. The appointment is routine compliance under corporate statutory mandates.
- Appointment of M/s. SMNK & Co. approved for a 5 consecutive year tenure until the 2031 AGM
- Approval granted at the 4th Annual General Meeting held on September 22, 2026
- Auditing firm comprises 5 Fellow Members, 3 Associate Members of ICAI, and over 15 professionals
- Auditor's firm origin traces back to 1996 through constituent merged entities
Shareholders of Vashishtha Luxury Fashion Limited approved the appointment of M/s. SMNK & Co., Chartered Accountants, as the company's Statutory Auditors at its 4th Annual General Meeting on September 22, 2026. The appointment is for a standard term of five consecutive years, running until the conclusion of the AGM in 2031. SMNK & Co. is a peer-reviewed firm comprising 8 ICAI members (5 Fellow, 3 Associate) and over 15 professionals across branches in Gujarat, Madhya Pradesh, and Rajasthan. The appointment is routine compliance under corporate statutory mandates.
- Appointment of M/s. SMNK & Co. approved for a 5 consecutive year tenure until the 2031 AGM
- Approval granted at the 4th Annual General Meeting held on September 22, 2026
- Auditing firm comprises 5 Fellow Members, 3 Associate Members of ICAI, and over 15 professionals
- Auditor's firm origin traces back to 1996 through constituent merged entities
Vashishtha Luxury Fashion Limited has submitted its Annual Report for FY 2025-26 along with the notice convening its 4th Annual General Meeting on September 22, 2026. For FY26, the company recorded total turnover of Rs 14.29 crore and net profit of approximately Rs 2.00 crore, compared to total equity increasing to Rs 15.17 crore from Rs 5.28 crore in FY25 following its BSE SME listing. Operationally, the company noted it added clients across the US and UK and placed orders for a multi-head embroidery machine to expand production capacity.
- 4th Annual General Meeting scheduled for September 22, 2026 at 11:30 AM in Mumbai.
- Reported FY26 turnover of Rs 14.29 crore (Rs 1,429.12 lakhs) and net profit of approx Rs 2.00 crore.
- Total equity expanded to Rs 15.17 crore (Rs 1,517.32 lakhs) as of March 31, 2026, up from Rs 5.28 crore as of March 31, 2025.
- Expanded client base across the US and UK and ordered high-tech multi-head embroidery machinery to enhance manufacturing capacity.
Vashishtha Luxury Fashion Limited has announced its 4th Annual General Meeting (AGM) scheduled for September 22, 2026. The company has designated Tuesday, September 15, 2026, as the cut-off date to determine voting eligibility via e-voting. Additionally, the register of members and share transfer books will remain closed from September 16 to September 22, 2026. This is a routine compliance disclosure under SEBI LODR Regulation 42.
- 4th Annual General Meeting scheduled for September 22, 2026
- E-voting cut-off date fixed as Tuesday, September 15, 2026
- Book closure period from September 16, 2026 to September 22, 2026 (both days inclusive)
Vashishtha Luxury Fashion has scheduled its 4th Annual General Meeting (AGM) for September 22, 2026. The Board approved the appointment of M/s SMNK & Co., Chartered Accountants, as Statutory Auditors for a five-year term ending at the 2031 AGM, subject to shareholder approval. The Register of Members and Share Transfer Books will be closed from September 16, 2026, to September 22, 2026.
- 4th Annual General Meeting scheduled for Tuesday, September 22, 2026, at 11:30 AM
- Appointment of M/s SMNK & Co., Chartered Accountants, as Statutory Auditors for a 5-year tenure up to 2031
- Book closure set from September 16, 2026, to September 22, 2026 (both days inclusive)
- M/s R.B. Tanna & Associates appointed as Scrutinizer for the AGM e-voting process
Vashishtha Luxury Fashion Limited has scheduled its 4th Annual General Meeting for September 22, 2026. The Board approved the appointment of M/s SMNK & Co., Chartered Accountants, as Statutory Auditors for a 5-year term ending at the 2031 AGM, subject to shareholder approval. The Register of Members and Share Transfer Books will be closed from September 16, 2026, to September 22, 2026.
- 4th Annual General Meeting convened for September 22, 2026, at 11:30 AM
- Appointment of M/s SMNK & Co., Chartered Accountants, as Statutory Auditors for a 5-year tenure (2026–2031)
- Share transfer books and register of members closed from September 16 to September 22, 2026
- M/s R.B. Tanna & Associates appointed as Scrutinizer for the e-voting process
Vashishtha Luxury Fashion has approved the sale of its 1,096 sq. ft. built-up property in Vikhroli, Mumbai, to ASAP Fluids Private Limited for ₹2.30 Crores. This transaction is significant for the company, representing approximately 16% of its FY26 revenue and 15% of its net worth. The company has already received a token amount of ₹11 Lakhs, with the remaining ₹2.19 Crores expected within 90 days. Management intends to use the proceeds to optimize asset utilization and focus on expanding operations at its Lower Parel facility.
- Total sale consideration of ₹2.30 Crores for a 1,096 sq. ft. built-up area in Vikhroli
- Token amount of ₹11,00,000 already received by the company
- Transaction value represents ~15.3% of the company's ₹15 Cr net worth
- Sale expected to be completed within 90 days from the MOU execution
- Proceeds to be focused on existing and expanding operations at Lower Parel
Vashishtha Luxury Fashion has imported a KSA SINSIM-906+106 Multihead Flat Embroidery Machine from China for a total consideration of USD 59,000 (approximately ₹0.49 Cr). This acquisition is part of the company's capital expenditure program aimed at enhancing manufacturing capacity and operational efficiency. Given the company's FY25 revenue of ₹10.64 Cr, this single machine represents a notable investment of approximately 4.6% of annual turnover. The machinery has already been added to fixed assets to meet increasing customer requirements.
- Purchase of one KSA SINSIM-906+106 Multihead Flat Embroidery Machine for USD 59,000.
- Machinery imported from Zhejiang Xinsheng Technology Corp., Ltd., China.
- Investment represents approximately 4.6% of the company's FY25 revenue of ₹10.64 Cr.
- The acquisition is funded as part of the company's capital expenditure for expansion and modernization.
- Machinery has been successfully added to the company's fixed assets as of July 21, 2026.
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