Swati Projects Ltd (543914)

Swati Projects Limited announced its un-audited standalone and consolidated financial results for the quarter and half-year ended September 30, 2026. For Q2 FY27 (quarter ended 30/09/2026), standalone income from operations stood at Rs 58.55 lakh compared to Rs 101.67 lakh in the preceding quarter. Standalone net profit after tax reached Rs 55.70 lakh, up from Rs 21.47 lakh in Q1 FY27, yielding an EPS of Rs 0.55. For the half-year ended September 30, 2026, income from operations totaled Rs 160.22 lakh with a net profit of Rs 77.17 lakh.

• Q2 standalone income from operations reported at Rs 58.55 lakh versus Rs 101.67 lakh in Q1
• Q2 standalone net profit after tax at Rs 55.70 lakh compared to Rs 21.47 lakh in the preceding quarter
• Half-year (H1) standalone net profit stood at Rs 77.17 lakh on total income from operations of Rs 160.22 lakh
• Basic and diluted EPS for the quarter ended September 30, 2026 was Rs 0.55
• Standalone total assets stood at Rs 1,365.29 lakh as of September 30, 2026 against Rs 1,111.04 lakh as of March 31, 2026

Swati Projects Limited announced that its Board of Directors accepted the resignation of Mr. Shreegopal Daga (DIN: 00397379) from his role as Non-Executive Promoter Director on November 6, 2026. The resignation letter, dated October 27, 2026, cited personal reasons for stepping down. The company noted that the composition of its Board and committees remains compliant with statutory requirements. Promoter shareholding stood at 23.85% as of June 2026.

• Resignation of Non-Executive Promoter Director Shreegopal Daga accepted at the board meeting on 06-11-2026
• Resignation tendered effective 27-10-2026 due to personal reasons
• The board meeting commenced at 4:30 PM and concluded at 5:00 PM on 06-11-2026
• Company confirms Board and Committee composition remains legally compliant post-resignation

Swati Projects Ltd has announced a board meeting scheduled for November 6, 2026, at 4:30 PM. The board will meet to consider and approve the resignation of director Mr. ShreeGopal Daga (DIN: 00397379). This micro-cap NBFC operates with a market cap of approximately ₹48 crore and trailing twelve month revenue of ₹35 crore. The announcement is procedural, outlining upcoming board deliberations on the departure.

• Board meeting scheduled for November 6, 2026, at 4:30 PM
• Agenda is to consider and approve resignation of Director ShreeGopal Daga (DIN: 00397379)
• Filing submitted under Regulation 29 of SEBI LODR Regulations on October 27, 2026

Swati Projects Limited announced the appointment of Ms. Pooja Randar as an Additional Director designated as Executive Professional Director, effective October 23, 2026. Ms. Randar holds a B.Com (Hons) degree, is co-founder of Ranz Saloon Solutions Pvt. Ltd., and has approximately two years of experience in the NBFC sector. The company confirmed that she is not debarred by SEBI, is unrelated to any current directors, and has obtained required approval from the RBI. Her appointment is subject to shareholder approval at the next general meeting.

• Appointment of Ms. Pooja Randar effective from October 23, 2026
• Appointed as Additional Director designated as Executive Professional Director until next general meeting
• Candidate brings around 2 years of experience in the NBFC sector along with salon industry entrepreneurship
• Approval from RBI has been obtained and appointee holds no other listed entity directorships

Swati Projects reported a consolidated net profit of ₹0.85 Cr for the quarter ended June 30, 2026, marking a turnaround from a loss of ₹0.65 Cr in the same period last year. However, performance saw a sharp sequential decline, with net profit falling 76% from ₹3.53 Cr in the preceding March 2026 quarter. Total consolidated income for Q1 stood at ₹1.68 Cr, representing only 4.8% of the company's TTM revenue of ₹35 Cr. The company also confirmed that there were no deviations in the utilization of IPO proceeds.

• Consolidated Net Profit of ₹84.60 Lakhs for Q1 FY26 compared to a loss of ₹65.08 Lakhs in Q1 FY25.
• Total Consolidated Income decreased significantly to ₹168.50 Lakhs from ₹763.43 Lakhs in the preceding quarter (QoQ).
• Consolidated EPS for the quarter stood at ₹0.84, down from ₹2.52 in the previous quarter.
• Total Comprehensive Income reached ₹278.63 Lakhs, bolstered by ₹194.03 Lakhs in other comprehensive income items.
• The company confirmed zero deviation in the use of public issue proceeds as per Regulation 32(1).

Swati Projects reported a consolidated net profit of ₹0.85 Cr for the quarter ended June 30, 2026, marking a turnaround from a loss of ₹0.65 Cr in the same quarter last year. However, consolidated revenue saw a significant decline to ₹1.68 Cr, down from ₹3.12 Cr in Q1 FY26 and ₹7.64 Cr in the preceding quarter. Standalone operations contributed ₹0.53 Cr to revenue with a PAT of ₹0.31 Cr. The company also confirmed that there were no deviations in the utilization of IPO proceeds.

• Consolidated Net Profit of ₹0.85 Cr compared to a loss of ₹0.65 Cr in the year-ago period
• Consolidated Revenue of ₹1.68 Cr, representing only ~4.9% of the TTM revenue of ₹34.23 Cr
• Consolidated EPS for the quarter reported at ₹0.84
• Standalone Revenue stood at ₹53.36 Lakhs with a PAT of ₹31.43 Lakhs
• Total Expenses for the consolidated entity decreased to ₹0.84 Cr from ₹13.99 Cr in the previous year's quarter

Swati Projects Ltd has announced a board meeting on August 12, 2026, to consider and approve the unaudited standalone and consolidated financial results for the quarter ended June 30, 2026. This follows a significant turnaround in FY26, where the company reported revenue of ₹34.23 crore compared to just ₹1.42 crore in FY25. Investors will be monitoring if the company can sustain the profitability seen in the March 2026 quarter (₹2.54 crore PAT). The trading window for insiders has been closed since July 1, 2026.

• Board meeting scheduled for August 12, 2026, at 4:30 P.M. to approve Q1 results.
• Trading window for designated persons closed from July 1, 2026, until 48 hours after result declaration.
• Company reported a TTM revenue of ₹34 crore against a market capitalization of ₹43 crore.
• FY26 annual revenue grew significantly to ₹34.23 crore from ₹1.42 crore in the previous year.