Shangar Decor Limited disclosed the outcome of its Board Meeting held on Friday, August 14, 2026, regarding the approval of unaudited financial results for the quarter ended June 30, 2026.

The Board Meeting commenced at 3:50 PM and concluded at 4:15 PM on the same day. The disclosure was made pursuant to Regulation 30 of the SEBI (LODR) Regulations, 2015.

Financial Results (Quarter Ended June 30, 2026)

  • Revenue from Operations: ₹527.80 lakh
  • Other Income: ₹0.28 lakh
  • Total Income (Net): ₹528.08 lakh
  • Total Expenses: ₹435.36 lakh
  • Cost of Materials Consumed: ₹0.00 lakh
  • Purchases of Stock-in-trade: ₹107.89 lakh
  • Changes in inventories of Stock-in-Trade: ₹139.33 lakh
  • Employee benefits expenses: ₹8.21 lakh
  • Finance Cost: ₹1.39 lakh
  • Depreciation and Amortization Expenses: ₹113.73 lakh
  • Other Expenses: ₹64.81 lakh
  • Profit before tax: ₹92.72 lakh
  • Tax Expenses: ₹23.41 lakh
  • Current Tax: ₹16.52 lakh
  • Deferred Tax: ₹6.89 lakh
  • Net Profit for the period: ₹69.31 lakh
  • Earnings per Share (Basic and Diluted): ₹0.01

Comparative Financial Performance

Vs. Previous Quarter (March 31, 2026):

  • Revenue decreased from ₹1299.23 lakh to ₹527.80 lakh
  • Net Profit increased from ₹50.71 lakh to ₹69.31 lakh

Vs. Same Quarter Previous Year (June 30, 2025):

  • Revenue increased from ₹241.37 lakh to ₹527.80 lakh (119% increase)
  • Net Profit increased from ₹12.24 lakh to ₹69.31 lakh (466% increase)

Year-to-date figures (for period ended March 31, 2026):

  • Total Income: ₹2326.64 lakh
  • Net Profit: ₹147.46 lakh

Capital Structure

  • Paid-up Equity Share Capital: ₹4896.16 lakh (consistent across all periods)
  • Face Value of Equity Share: ₹1.00
  • Debt Capital: ₹0.00 lakh
  • Reserves (excluding revaluation) as per previous year: ₹1004.61 lakh

Auditor's Review and Qualifications

S K Bhavsar & Co., Chartered Accountants, issued a limited review report pursuant to Regulation 33 of SEBI LODR Regulations. The report includes two Emphasis of Matter paragraphs:

1. Trade Receivables, Trade Payables, and all Loans and Advances (including deposits) as of the balance sheet date are pending comprehensive verification through direct confirmations from external parties and reconciliation with internal ledger records.

2. The auditors were unable to obtain sufficient appropriate evidence to verify the correctness and existence of:

  • Closing stock as at June 30, 2026 (detailed records and physical verification statements not presented)
  • Investments (reliable value and supporting documents not presented)

The auditors relied upon management representations and management letter for these items.

Additional Information

  • The company operates in a single reportable segment: "Event Management"
  • Financial statements prepared in accordance with Indian Accounting Standards (Ind AS)
  • Figures for previous periods have been rearranged/regrouped for comparability
  • The results were reviewed by the Audit Committee on August 12, 2026, and approved by the Board on August 14, 2026
  • No exceptional items, extraordinary items, or discontinuing operations were reported
  • No reportable segments beyond the primary event management segment