Solvex Edibles Ltd (544539)
Latest quarterly results (H2 FY26)
In its latest reported quarter, H2 FY26, Solvex Edibles' revenue was ₹112 Cr (+25.8% year on year, +166.7% on the previous half-year), and net profit ₹-1.0 Cr (against a profit a year earlier); the operating margin was 3.6%.
| H2 FY26 (₹ Cr) | Value | YoY vs H2 FY25 | vs prev. half |
|---|---|---|---|
| Revenue | ₹112 | +25.8% | +166.7% |
| Operating profit | ₹4.0 | -50.0% | +0.0% |
| Net profit | ₹-1.0 | to loss | to loss |
| EPS (₹) | -0.80 | to loss | to loss |
| Operating margin | 3.6% | — | — |
📢 Recent Corporate Announcements
Solvex Edibles Ltd submitted a clarification in response to an exchange query dated August 25, 2026, regarding compliance status and prior permission requirements under SEBI (ICDR) Regulations, 2018. The issue relates to a trade of 1,600 equity shares executed on August 21, 2026, involving a market maker. The accompanying documentation contains the detailed beneficiary shareholding extract as of August 21, 2026. Given the negligible volume of 1,600 shares, the matter carries no operational or financial materiality.
- Clarification submitted regarding a trade of 1,600 equity shares executed with a market maker on August 21, 2026.
- Exchange query dated August 25, 2026 pertained to compliance and prior permissions under SEBI (ICDR) Regulations, 2018.
- Included beneficiary position report details shareholdings across institutional and promoter accounts as of August 21, 2026.
Solvex Edibles Limited has scheduled its 4th Board of Directors meeting for FY 2026-27 on September 2, 2026. Key agenda items include approving the FY26 Board's Report, scheduling the 13th AGM for September 30, 2026, and approving related-party transaction (RPT) limits up to Rs 20 Crore with M/s Unity Enterprises alongside limits with M/s Golden Pearl Oil Products LLP for FY 2026-27. The proposed Rs 20 Crore Unity Enterprises RPT represents ~6.9% of TTM revenue (Rs 289 Crore) and ~52.6% of net worth (Rs 38 Crore). The Board will also review the continuation and payment of managerial remuneration for executive directors.
- Board meeting scheduled for September 2, 2026, at 1:00 PM IST
- Proposed convening of 13th Annual General Meeting (AGM) on September 30, 2026
- Approval of enhancement in Related Party Transaction limit up to Rs 20 Crore with M/s Unity Enterprises for FY27
- Approval of RPT limit enhancement with M/s Golden Pearl Oil Products LLP for FY27
- Review and recommendation of managerial remuneration for MD Ashish Goel, WTD Rohit Gupta, and Director Rashika Gupta
Solvex Edibles Ltd has appointed M/s NBG & CO., Chartered Accountants, as its Internal Auditor for the financial year 2026-27. The appointment was approved by the Board of Directors on July 28, 2026, following a recommendation from the Audit Committee. This is a routine regulatory compliance measure for the company, which currently operates with a TTM revenue of Rs 289 Cr and a debt of Rs 55 Cr. The appointed firm has been established since 2012 and specializes in audit, taxation, and corporate compliance.
- Appointment of M/s NBG & CO. (Firm Registration No. 025865N) as Internal Auditor for FY 2026-27.
- Board meeting conducted on July 28, 2026, lasting 2 hours from 1:00 PM to 3:00 PM.
- The audit firm was established in November 2012 and is led by three qualified Chartered Accountants.
- Company reported TTM revenue of Rs 289 Cr and a net profit of Rs 4 Cr for the latest trailing twelve months.
BSE has imposed a total fine of Rs 94,400 on Solvex Edibles Ltd for non-compliance with Regulation 33 regarding the late submission of financial results for the quarter and year ended March 2026. The penalty includes a basic fine of Rs 80,000 plus 18% GST. The exchange warned that failure to pay within 15 days could lead to the freezing of promoter shareholding. Furthermore, repeated non-compliance for a second consecutive year may result in the company being moved to the 'Z' group and potential suspension of trading.
- Total fine of Rs 94,400 levied for late submission of March 2026 financial results
- Basic fine calculated at a rate of Rs 5,000 per day of non-compliance
- Company warned of promoter shareholding freeze if payment is not made within 15 days of the June 30, 2026 notice
- Potential transfer to 'Z' group and trading suspension if non-compliance occurs for two consecutive years
- Board of Directors required to review the non-compliance and provide comments to the Exchange
Solvex Edibles Ltd has issued a clarification regarding its Corporate Governance filing for the quarter ended March 31, 2026. The company, which is listed on the BSE SME platform, mistakenly marked Corporate Governance provisions as 'Applicable' in its initial XBRL submission due to an oversight. Under SEBI (LODR) Regulation 15(2)(b), these specific governance regulations are not mandatory for SME-listed entities. The company has since filed a revised XBRL and a Non-Applicability Certificate on July 20, 2026.
- Clarification pertains to the reporting period ended March 31, 2026
- Exemption cited under SEBI (LODR) Regulation 15(2)(b) for companies listed on SME platforms
- Revised XBRL filing and Non-Applicability Certificate were submitted on July 20, 2026
- Company reported TTM revenue of ₹289 Cr and a net profit of ₹4 Cr for FY25
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