Shantidoot Infra FY26 revenue hits ₹45 cr, profit slips

What the FY26 update tells investors

Shantidoot Infra Services Ltd has reported a sharp year-on-year rise in revenue for FY26, even as profitability weakened materially. The company disclosed that revenue for the year ended March 31, 2026 increased to ₹45.02 crore, compared with ₹30.19 crore in FY25. However, net profit fell to ₹1.44 crore from ₹5.31 crore, and earnings per share (EPS) dropped to ₹1.15 from ₹7.98.

The results were approved as audited financial statements for the financial year ending March 31, 2026. Alongside the financials, the board took up key governance and capital structure decisions, including a Chief Financial Officer (CFO) transition and an increase in authorised share capital.

FY26 financial performance: revenue up, profit down

The latest numbers show a divergence between topline growth and bottomline performance. Revenue expanded by about ₹14.83 crore year-on-year, indicating higher billed activity or project execution during the year. But net profit declined by about ₹3.88 crore over the same period.

The company’s disclosure includes EPS, which fell sharply to ₹1.15 in FY26 from ₹7.98 in FY25. The announcements available in the provided information do not specify the reasons for the decline in net profit or the movement in margins. Investors typically look for management commentary, segment notes, or cost breakdowns to understand whether the impact came from higher input costs, finance costs, project mix, or exceptional items, but such details are not included here.

Board approval of audited results for FY ended March 31, 2026

Shantidoot Infra notified the stock exchange that its Board of Directors met to consider and approve audited standalone financial results for the half year and financial year ended March 31, 2026. The board meeting was scheduled for May 22, 2026 under Regulation 29 of the SEBI (LODR) Regulations, 2015.

The agenda disclosed by the company included two core items: approval of audited financial results and consideration of a CFO appointment based on the Nomination and Remuneration Committee’s recommendation. These items align with subsequent updates stating that audited statements were approved and a new CFO was appointed.

CFO transition: resignation, role clarity, and new appointment

The company disclosed that Mr. Avijeet Kumar resigned as Chief Financial Officer effective May 14, 2026, under Regulation 30 of the SEBI (LODR) Regulations, 2015. The resignation was stated to be limited exclusively to the CFO position. Mr. Kumar continues as Managing Director, and the company attributed the CFO role change to better management and role clarity.

After the resignation, the board appointed Mr. Anit Kumar Roy as the new CFO. The update also indicates the new CFO starts on May 23, 2026. CFO transitions are closely tracked by investors because the role influences financial controls, disclosures, and capital allocation decisions, particularly during periods involving fundraising or restructuring.

Authorised share capital raised from ₹3 crore to ₹13 crore

Shantidoot Infra’s board approved increasing authorised share capital from ₹3 crore to ₹13 crore. The company’s EGM-related disclosures describe a proposed amendment to Clause V of the Memorandum of Association to reflect the revised capital base.

The disclosures also specify the structure: the revised authorised share capital is stated as ₹13,00,00,000 divided into 1,30,00,000 equity shares of ₹10 each, ranking pari passu with the existing equity shares. Expanding authorised capital typically creates room for fresh equity issuance, including rights issues or other fundraising routes.

Rights issue plan: up to ₹12 crore

As part of its capital actions, Shantidoot Infra approved raising up to ₹12 crore via a rights issue of equity shares of face value ₹10 to existing shareholders, subject to regulatory approvals. Another reference in the provided information notes a plan to raise 120 million rupees via a rights issue, which aligns with ₹12 crore.

The company has also disclosed that earlier board deliberations included exploring fundraising through multiple avenues such as equity shares, convertible instruments, rights issues, and other securities. These steps indicate an active capital planning phase, though the provided information does not include the issue price, ratio, record date, or timeline for the rights issue.

EGM held on April 25, 2026 and key resolutions

Shantidoot Infra held its first Extraordinary General Meeting (EGM) on April 25, 2026 through VC/OAVM. The company submitted the scrutinizer’s report and voting results under SEBI (LODR) Regulations, 2015.

The EGM agenda included seeking shareholder approval for increasing authorised share capital from ₹3 crore to ₹13 crore. It also included approval for a material related party transaction revision with Right Path Foundation for the Gautam Medical College project, where the cost was revised from ₹242 crore to ₹273 crore due to an additional hostel block requirement of 202,556.31 sq ft.

Key numbers and actions at a glance

Timeline of disclosed events

Market relevance: what changes are visible from disclosures

From the published disclosures, the most visible shift is the mismatch between revenue growth and lower net profit and EPS. For investors, this often raises follow-up questions around cost structures and whether profitability pressures are temporary or structural, but the provided information does not include explanations.

The governance and capital updates add context. A CFO change, an expanded authorised share capital, and a proposed rights issue can materially shape near-term corporate actions and disclosures. The EGM items also show an active project pipeline and a revision in the Gautam Medical College project scope and cost, including a specific increase tied to additional hostel block requirements.

Conclusion

Shantidoot Infra Services closed FY26 with revenue growth to ₹45.02 crore but reported a steep drop in net profit to ₹1.44 crore and EPS to ₹1.15. The board also cleared a CFO transition, raised authorised share capital to ₹13 crore, and outlined fundraising intent through a rights issue of up to ₹12 crore. The next key checkpoints for investors are any detailed financial notes accompanying the audited results and further disclosures on the rights issue structure and timelines, subject to regulatory and shareholder processes.