Shetron Ltd

Q1FY2026-27 standalone results

• Revenue from operations: ₹8,657 lakh for quarter ended 30 June 2026.
• Net profit after tax: ₹213 lakh.
• EPS (basic/diluted): ₹2.10.
• Standalone, single segment: Metal Packaging.
• Board approved unaudited results; auditor's review conducted.

Meeting Details

• Board meeting scheduled on Friday, 14 August 2026.
• Time and venue are not disclosed.

Key Agenda Items

• To consider and approve unaudited results for the quarter ended 30 June 2026.
• Status (standalone/consolidated) not disclosed.

Other Notes

• Trading window closed from 1 July 2026.
• Closed until 48 hours after results declaration on 14 August 2026.
• Closure applies to directors, officers, designated employees, and other connected persons.

Dematerialisation processing and listing

• Dematerialisation requests received during quarter ended 30 June 2026 were processed (accepted/rejected) by the Registrar.
• Such dematerialised securities have been listed on the stock exchanges where the earlier issued securities are listed.
• Physical certificates for dematerialisation were mutilated and cancelled; depository name substituted as registered owner within 15 days.

Record Date and Book Closure

• Record date for entitlement to attend AGM and receive dividend, if declared: 24 July 2026.
• Book closure from 25 July 2026 to 31 July 2026 (inclusive).
• Security: Equity shares; Scrip code 526137.
• Dividend is subject to AGM approval.

Financial highlights

• Revenue from operations ₹24,623 lakh; total income ₹24,733 lakh; YoY growth 7.68%.
• PAT ₹400 lakh; EPS ₹4.44; net margin 1.62%.
• PBT ₹613 lakh; tax ₹213 lakh; net profit after tax ₹400 lakh.
• Export turnover ₹2,835 lakh; down 34.8% YoY.
• Dividend proposed ₹1.00 per equity share; record date 24 July 2026.

Operations & capacity expansion

• Mumbai production line commissioned; now fully operational for FY27 growth.
• Bangalore lug-cap can capacity expanded; upgrades to south and west facilities.
• Input costs rising; measures to control costs and improve working capital.

Capital structure & liquidity

• Authorized share capital ₹3,000 lakh; paid-up ₹900 lakh; unchanged.
• Long-term borrowings ₹1,060 lakh; current borrowings ₹2,719 lakh; total ₹3,779 lakh.
• Cash & equivalents ₹7 lakh; bank balances ₹462 lakh; total liquidity ~₹469 lakh.
• Debt-Equity 0.66; Current ratio 1.24; ROE 6.48%.

Dividend & AGM details

• 46th AGM on 31 July 2026 via VC; record date 24 July 2026.
• Dividend ₹1.00 per equity share; subject to shareholder approval.
• E-voting via CDSL/NSDL; remote voting 28-30 July 2026.

Governance & management

• Kartik Nayak re-appointed JMD for 3 years (15 May 2026–14 May 2029).
• Remuneration ₹8,33,333 per month; plus perquisites; minimum remuneration clause applicable.
• Board met 4 times; Independent Directors held a separate meeting on 7 February 2026.
• Statutory auditors Naresh & Co; Secretarial auditor Parameshwar Ganapati Bhat; no qualifications.

Related party transactions

• All related party transactions were in ordinary course and arms-length.
• Material contract: Fibre Foils Ltd sale ₹53.53 lakh.
• Payments to KMP ₹233 lakh and ₹278 lakh; no outstanding balances.
• Related party policy and disclosures on company website; Annexure AOC-2 included.

CSR, people & risk

• CSR spend ₹15.55 lakh; major projects include Shriniketan Trust ₹5.00 lakh and Amcha Ghar ₹1.50 lakh.
• CSR committee not formed as expenditure is below ₹50 lakh; 2% of average net profit ₹15.55 lakh.
• Total employees: 218 (199 male, 19 female).
• ISO 9001:2015 and FSSC 22000-6.0 certifications; TPM program 22nd year.

AGM details

• 46th AGM on Friday, 31 July 2026 at 11:00 AM IST via Video Conferencing.
• Register of Members and share transfer books closed 25–31 July 2026 for dividend payment and AGM.
• Record date for voting entitlement fixed 24 July 2026.

Dividend and related dates

• Dividend, if declared, will be paid to members appearing in the register on 24 July 2026 after TDS.

Notice delivery

• Notice of AGM and Annual Report will be sent electronically to registered shareholders.

Joint Managing Director

• Re-appointed Kartik Manohar Nayak as Joint Managing Director for three years.
• Effective from May 15, 2026 to May 14, 2029, subject to shareholder approval.
• He has engineering and U.S. postgraduate qualifications, with over two decades' experience.
• He has worked in finance, commercial divisions, and project development.
• He is related to Executive Chairman Diwakar Sanku Shetty.

Internal Auditors

• Re-appointed Ishwar & Gopal, Chartered Accountants, as internal auditors for FY 2026-27.
• Appointment approved on May 2, 2026, for one year.
• Firm was established in July 1984 and offers audit, tax, advisory, and financing services.
• Re-appointed T.R. Chadha & Co., Chartered Accountants, as internal auditors for FY 2026-27.
• Firm has over 77 years' history and serves multinationals and Indian companies.

Cost Auditor

• Re-appointed Vishwanath Bhat, Proprietor of Bhat & Co., as cost auditor for FY 2026-27.
• Appointment approved on May 2, 2026, for one year.

Board outcome

• 📍 Board approved audited standalone Ind AS results for Q4 and FY26 ended March 31, 2026.
• 📍 Statutory auditors issued an unmodified opinion on the audited standalone financial results.
• 📍 Board recommended a dividend of Rs. 1.00 per share, or 10%, for FY26.
• 📍 Mr. Kartik Manohar Nayak was re-appointed Joint Managing Director for three years from May 15, 2026.

Audit

• 🗒️ The auditor said the standalone results present a true and fair view under Regulation 33.
• 🗒️ The quarter ended March 31, 2026 was the balancing figure between audited FY26 numbers and reviewed nine-month figures.

Governance

• 📍 Ishwar & Gopal and T.R. Chadha & Co. were re-appointed as internal auditors for FY27.
• 📍 Mr. Vishwanath Bhat of Bhat & Co. was re-appointed as cost auditor for FY27.
• 🗓️ The Executive Chairman was authorized to convene the 46th AGM and fix record date and book closure dates.