Financial Performance Highlights (Standalone)
Revenue from Operations: ₹2,475.67 lakh (FY25: ₹2,477.41 lakh)
Finance Cost: ₹4.33 lakh (FY25: ₹10.61 lakh)
Depreciation: ₹6.88 lakh (FY25: ₹15.28 lakh)
Profit Before Tax and Exceptional Items: ₹41.41 lakh (FY25: ₹32.81 lakh)
Extraordinary Items: ₹5.39 lakh (IPO expenses)
Current Tax: ₹9.07 lakh (FY25: ₹9.40 lakh)
Net Profit: ₹26.95 lakh (FY25: ₹18.05 lakh) - increase of 49.31%
Financial Performance Highlights (Consolidated)
Revenue from Operations: ₹2,475.67 lakh (FY25: ₹2,477.41 lakh)
Net Profit: ₹25.96 lakh (FY25: ₹18.69 lakh) - increase of 38.90%
Key Financial Ratios (Standalone)
- Current Ratio: 78.66 times (FY25: 28.22 times)
- Inventory Turnover Ratio: 5.41 times (FY25: 9.13 times)
- Trade Receivable Turnover Ratio: 29.97 times (FY25: 3.13 times)
- Net Profit Ratio: 1.09% (FY25: 1.02%)
- Return on Capital Employed: 3.69% (FY25: 2.93%)
- Debt Equity Ratio: 0.01 times (FY25: 0.04 times)
- Interest Coverage Ratio: 9.32 times (FY25: 3.93 times)
Corporate Actions and Significant Events
Demerger Completed: The Scheme of Arrangement between Parshva Enterprises Limited (Demerged Company) and Simandhar Impex Limited (Resulting Company) was approved by the National Company Law Tribunal, Mumbai Bench vide order dated October 13, 2025. The jewellery business was transferred to Simandhar Impex Limited effective from the appointed date.
Share Issuance: Shareholders received 3 equity shares of Simandhar Impex Limited for every 10 shares held in Parshva Enterprises. Simandhar Impex received in-principle approval for listing 30,56,925 equity shares from BSE on December 3, 2025, and was listed on December 22, 2025.
Authorized Share Capital Increased: Shareholders approved increase in authorized share capital from ₹10.50 crore to ₹15.00 crore through postal ballot on February 21, 2026.
Annual General Meeting Details
Date: September 18, 2026
Time: 09:00 AM
Mode: Video Conferencing/Other Audio Visual Means
Book Closure: September 12, 2026 to September 18, 2026
Agenda Items
Ordinary Business:
1. Adoption of standalone and consolidated financial statements for FY 2025-26
2. Re-appointment of Mr. Harsh Prashant Vora (DIN: 07861487) who retires by rotation
Special Business:
3. Re-appointment of Mr. Prashant Vora as Managing Director for 3 years from April 1, 2027 to March 31, 2030 with remuneration of ₹24 lakh p.a. in the grade of ₹24-30 lakh p.a.
4. Re-appointment of Mrs. Meghna Gala as Independent Director for second term of 5 years from May 10, 2027 to May 9, 2032
5. Re-appointment of Mr. Tejas Shah as Independent Director for second term of 5 years from May 10, 2027 to May 9, 2032
Board and Committee Composition
Board of Directors:
- Mr. Prashant Vora (Chairman and Managing Director)
- Mr. Harsh Vora (Director)
- Mrs. Mamta Mehul Purohit (Independent Director)
- Mr. Tejas Shah (Independent Director)
- Mrs. Meghna Gala (Independent Director)
- Mr. Mehul Shah (Non-executive Non-Independent Director)
Key Managerial Personnel:
- Mr. Dhaval Siriya (Chief Financial Officer)
- Mr. Bhavin Lakhani (Company Secretary and Compliance Officer)
Board Meetings: 8 meetings held during FY 2025-26
Subsidiary Information
Parshva Multitrade Limited: Wholly owned subsidiary with net loss of ₹0.10 lakh for FY 2025-26
Simandhar Impex Limited: Ceased to be subsidiary after demerger effective November 8, 2025
Shareholding Pattern (as of March 31, 2026)
Promoters & Promoter Group: 74.64% (76,05,389 shares)
Indian Public: 22.57% (22,99,264 shares)
Others: 1.93% (1,96,799 shares)
Total Paid-up Capital: ₹10.19 crore (1,01,89,749 shares of ₹10 each)
Dematerialization Status
100% of equity share capital is in dematerialized form:
- NSDL: 83,41,375 shares (81.86%)
- CDSL: 18,48,374 shares (18.14%)
Registered Office and Corporate Office
Corporate Office: A-811, 8th Floor, Jaswanti Allied Business Centre, Ramchandra Ext. Road, Kanchpada, Malad-W, Mumbai - 400064
Registrar and Share Transfer Agent
Bigshare Services Private Limited, Office No S6-2, Pinnacle Business Park, Mahakali Caves Rd, Andheri East, Mumbai - 400093
Dividend and Reserves
No dividend recommended for FY 2025-26. No amount transferred to reserves during the year.
Related Party Transactions
Transactions with related parties include office rent payments to Mr. Prashant Vora (₹4.68 lakh) and Mrs. Seema P Vora (₹2.52 lakh), and unsecured loans from Mr. Prashant Vora (₹5.01 lakh as of March 31, 2026).
Capital Structure Changes
No changes in paid-up equity share capital during the year. Authorized share capital increased from ₹10.50 crore to ₹15.00 crore.
Important Dates
AGM Date: September 18, 2026
Book Closure: September 12-18, 2026
E-voting Period: September 15-17, 2026
Demerger Effective Date: October 17, 2025
Simandhar Impex Listing Date: December 22, 2025