Shiva Global Agro Industries Ltd

AGM details

• AGM held on 30 September 2026 at 1:00 p.m. IST via VC/OAVM.

Ordinary Business

• Adopt standalone financial statements for the year ended 31 March 2026.
• Adopt consolidated financial statements for the year ended 31 March 2026.
• Re-appoint director retiring by rotation and eligible for re-appointment.
• Re-appoint statutory auditors for five consecutive years; remuneration fixed.

Special Business

• Ratify remuneration of Cost Auditor for the financial year 2026-27.
• Consider re-appointment of Independent Director.

Voting & results

• Voting results not disclosed in the summary.

Remote e-voting

• Remote e-voting facility used; results to be disseminated/uploaded.

Shiva Global Agro Industries Ltd: Trading Window closed from October 01, 2026 till 48 hours after declaration of unaudited financial results of the Company for the quarter and half year ending September 30, 2026

Financial snapshot

• Consolidated revenue from operations: 27,525.46 Lakhs; down 27.4% YoY.
• Consolidated EBITDA: 834.73 Lakhs.
• Consolidated PBT: 349.08 Lakhs.
• Consolidated PAT: 260.74 Lakhs.
• Standalone revenue from operations: 9,002.35 Lakhs.
• Standalone total income: 9,061.37 Lakhs.
• Standalone EBITDA: -38.85 Lakhs.
• Standalone PAT: -267.99 Lakhs.
• Dividend not recommended for FY2025-26.
• One material subsidiary: Shrinivasa Agro Foods Pvt Ltd; turnover 18,598.49 Lakhs; PAT 534.58 Lakhs.
• Share capital: ₹999.30 Lakhs; demat 98.75%.
• Net debt (standalone): ₹2,294.14 Lakhs; net debt to capital 0.25x.

Operations & production

• Total production: 55,178 MT; SSP 38,658 MT; NPK 14,560 MT; Other 1,960 MT.
• Total sales: 49,881 MT; SSP 35,271 MT; NPK 12,713 MT; Other 1,897 MT.
• Standalone production up 25.1% YoY to 55,178 MT.
• SSP production up 11%; NPK up 71.5%; Other up 145%.
• Consolidated revenue decline partly due to prior-year divestments.

Capital structure & liquidity

• Net debt (standalone): 2,294.14 Lakhs.
• Net debt to capital: 0.25x.
• Undrawn bank working capital facility: ₹4,730.27 Lakhs.
• Consolidated cash and cash equivalents: ₹183.10 Lakhs.

Governance & audit

• Statutory auditors reappointed for five years; remuneration ₹5.50 Lakhs.
• Cost Auditor remuneration ₹30,000; ratified.
• Secretarial Auditor: H. S. Nijher & Associates; reports without qualifications.
• Board: six directors; three independent; one woman; four board meetings in 2025-26.

Subsidiaries & investments

• Shrinivasa Agro Foods Pvt Ltd: 51% stake; turnover ₹18,598.49 Lakhs; PAT ₹534.58 Lakhs.

CSR & sustainability

• CSR not applicable due to negative average profits; policy available on the company site.
• Energy efficiency initiatives; renewable energy exploration; ESG-focused practices.

Risks & outlook

• Outlook: sustained demand in agri-inputs; risks include monsoon variability, commodity price volatility.
• Management emphasizes cost discipline, working capital efficiency, and selective capacity expansion.
• Geopolitical/regulatory changes may impact prices and margins.

Related party disclosures

• Related party transactions disclosed; conducted at arm's length; policy on company website.
• Significant balances/transactions with promoters and group entities disclosed in notes.

Management discussion & cash flows

• MD&A emphasizes operational efficiency, inventory liquidation, and demand-aligned production planning.
• Cash flows: Operating ₹2,788.37 Lakhs; Investing ₹75.39 Lakhs; Financing −₹2,697.58 Lakhs.

Financial results and audit

• Board approved unaudited standalone and consolidated results for quarter ended 30 June 2026.
• Board noted Limited Review Reports on both results.
• Review concluded no material misstatement or undisclosed information.

Meeting Details

• Board meeting on August 14, 2026 at 4:00 PM at the registered office.
• To consider and approve unaudited financial results for the quarter ended June 30, 2026.
• To consider other routine business.

Financial Performance 📊

• Consolidated Q3 FY26 revenue from operations: ₹8,221.76 Lakhs, up 77.5% QoQ, down 16.9% YoY.
• Standalone Q3 FY26 revenue from operations: ₹1,283.82 Lakhs, down 30.2% QoQ and YoY.
• Consolidated Q3 FY26 net loss: ₹149.36 Lakhs vs loss of ₹218.50 Lakhs in Q2 FY26, profit of ₹731.59 Lakhs in Q3 FY25.
• Standalone Q3 FY26 net loss: ₹309.17 Lakhs vs loss of ₹178.58 Lakhs in Q2 FY26, loss of ₹757.33 Lakhs in Q3 FY25.
• Standalone nine months FY26 revenue from operations: ₹6,662.75 Lakhs, up 20.9% YoY; consolidated down 27.8% YoY at ₹20,645.25 Lakhs.
• Standalone nine months FY26 net loss: ₹277.18 Lakhs vs profit of ₹246.46 Lakhs YoY; consolidated net loss ₹89.08 Lakhs vs loss of ₹2.50 Lakhs YoY.

Segment Performance 📊

• Q3 FY26 consolidated segment revenue: Fertilizers ₹1,175.76 Lakhs, Solvent ₹6,497.97 Lakhs, Other agri commodities ₹548.02 Lakhs.
• Q3 FY26 standalone segment revenue: Fertilizers ₹1,175.76 Lakhs, Other agri commodities ₹108.06 Lakhs; solvent segment nil.
• Q3 FY26 consolidated segment results: Fertilizers loss ₹243.92 Lakhs, Solvent profit ₹210.74 Lakhs, Other agri commodities profit ₹8.54 Lakhs.
• Q3 FY26 consolidated segment assets: Fertilizers ₹9,499.58 Lakhs, Solvent ₹4,851.49 Lakhs, Other agri commodities ₹524.36 Lakhs.
• Q3 FY26 consolidated segment liabilities: Fertilizers ₹3,186.43 Lakhs, Solvent ₹832.61 Lakhs, Other agri commodities nil.

Costs & Other Financials 📊

• Q3 FY26 finance costs: Standalone ₹50.50 Lakhs; consolidated ₹64.74 Lakhs.
• Q3 FY26 depreciation: Standalone ₹26.79 Lakhs; consolidated ₹43.72 Lakhs.
• Standalone Q3 FY26 EBITDA impacted by ₹887.88 Lakhs exceptional gain in Q3 FY25 from divestment of subsidiaries.

Corporate Actions & Auditor Notes 🗓️

• Company divested entire shareholding in two subsidiaries Nov-Dec 2024, resulting in loss of control and exceptional gain of ₹887.88 Lakhs.
• Consolidated results include Shrinivasa Agro Foods Pvt Ltd; prior period includes divested subsidiaries, limiting comparability.
• Auditor issued unmodified limited review reports on standalone and consolidated Q3 and nine months FY26 results; no material misstatements found.
• Financials prepared per Ind AS 34 and Indian GAAP, consistently applied.

Business Model & Segments 🏭

• Company operates in three segments: Fertilizers, Solvent, and Other agricultural commodities.

Financial Performance

• Board approved unaudited standalone and consolidated financial results for Q3 and nine months ended Dec 31, 2025.
• Standalone net loss: ₹309.17 lakhs (Q3), ₹277.18 lakhs (nine months).
• Consolidated net loss: ₹149.36 lakhs (Q3), ₹89.08 lakhs (nine months).
• Exceptional gain of ₹887.88 lakhs from divestment of two subsidiaries in previous year.
• Standalone EPS: loss of ₹3.09 per share (Q3), profit of ₹6.41 per share (nine months).
• Consolidated EPS: loss of ₹2.28 per share (Q3), loss of ₹1.84 per share (nine months).

Segment Performance

• Segment revenue includes Fertilizers, Solvent, and Other agricultural commodities.
• Fertilizers segment reported losses during the period.

Governance & Compliance ️

• Auditor reports issued with unmodified opinions; confirmed compliance with Indian Accounting Standards and Listing Regulations.
• Company monitoring impact of new Indian Labour Codes; no significant effect on defined benefit obligations reported.

Corporate Actions

• No dividend declared or capital raising decisions disclosed.
• No changes in directors, auditors, or key management personnel reported.

🗓️ Meeting Details

• Board meeting scheduled for February 9, 2026, at 4:00 pm at the registered office.

📊 Key Agenda Items

• Approval of unaudited financial results for quarter and nine months ended December 31, 2025.