Shayona Engineering Limited has submitted its 10th Annual Report for the financial year ended March 31, 2026, to the BSE. The report includes the audited financial statements, the Board’s report, and the secretarial audit report. Key highlights indicate strong revenue growth and profitability, alongside strategic expansion plans, including commencement of commercial production for PVC and HDPE pipes and fittings.
Shayona Engineering Files 10th Annual Report
Shayona Engineering Limited has officially submitted its 10th Annual Report for the financial year ended March 31, 2026, to the BSE Limited. The submission was made in compliance with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
Key Financial and Operational Highlights
The Annual Report details the company’s robust financial performance, with a significant increase in Revenue from Operations to ₹4,027.23 lakh in FY 2025-26, up from ₹2,316.13 lakh in the previous year. Profit After Tax also saw a substantial rise to ₹404.14 lakh from ₹241.91 lakh. A major development during the year was the company’s Initial Public Offering (IPO), which was successfully completed and led to the listing of its equity shares on the SME Platform of BSE Limited on January 30, 2026. This strengthened the company’s capital base and provided resources for expansion.
Operationally, Shayona Engineering commenced commercial production of PVC Pipes & Fittings and HDPE Pipes & Fittings at its Menpura Division. The company has also expanded its main object clause to include these allied manufacturing activities.
Board and Auditor’s Reports
The report includes the Board’s Report, which provides an overview of the company’s financial highlights, performance, and state of affairs. It also covers details on share capital, IPO utilization, and changes in directors and key managerial personnel. The Statutory Auditors’ report confirms an unmodified opinion on the financial statements.
Future Outlook
Shayona Engineering’s outlook is focused on improving the utilization of its expanded manufacturing base and developing its engineering activities. Key priorities include scaling up the PVC and HDPE pipes and fittings business, strengthening customer relationships, and optimizing working capital. The company anticipates sustained demand from the manufacturing and infrastructure sectors.
AGM Details
The company also announced its 10th Annual General Meeting (AGM) will be held on Friday, September 25, 2026, at 10:00 AM IST, at Courtyard by Marriott, Vadodara. The notice for the AGM outlines ordinary and special businesses to be transacted, including the adoption of financial statements, re-appointment of directors, and changes to borrowing limits.
Source: BSE
