SHIVAEXPO
Shiva Granito Export financials
- Market cap
- ₹16 Cr
Quarterly results
Q4 FY26: revenue up 112.4%, net profit down 108.0% against the same quarter last year.
| Line item | Q2 FY23 | Q4 FY23 | Q2 FY24 | Q4 FY24 | Q2 FY25 | Q4 FY25 | Q2 FY26 | Q4 FY26 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 3 | 2 | 1 | 5 | 2 −31% | 7 +208% | 2 +134% | 10 +112% |
| EBITDA | 0 | 1 | 0 | 0 | 0 −69% | 1 +7% | 0 −28% | 1 +264% |
| Net profit | 0 | -8 | 0 | 1 | 0 −90% | 0 +100% | 0 −100% | -0 −108% |
How to read this
₹ crore, as filed. The percentage beside a figure is the change against the same quarter a year earlier — never the quarter before, which would make every seasonal business look like it collapses and booms each year.
Performance −35.1% 1Y
1Y: ₹14.2 on 8 Sept 2025 → ₹9.21. High ₹15.95 (12 Sept 2025), low ₹8.04 (15 Dec 2025).
Balance sheet
| Year ending | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|
| Equity capital | ₹13 Cr | ₹13 Cr | ₹13 Cr | ₹13 Cr | ₹13 Cr | ₹13 Cr |
| Reserves | ₹1 Cr | ₹1 Cr | ₹1 Cr | ₹-7 Cr | ₹2 Cr | ₹11 Cr |
| Borrowings | ₹7 Cr | ₹5 Cr | ₹5 Cr | ₹4 Cr | ₹5 Cr | ₹5 Cr |
| Other liabilities | ₹4 Cr | ₹4 Cr | ₹4 Cr | ₹4 Cr | ₹3 Cr | ₹5 Cr |
| Total liabilities | ₹26 Cr | ₹24 Cr | ₹24 Cr | ₹15 Cr | ₹23 Cr | ₹34 Cr |
| Fixed assets | ₹6 Cr | ₹5 Cr | ₹5 Cr | ₹5 Cr | ₹4 Cr | ₹5 Cr |
| Capital work in progress | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr |
| Investments | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr |
| Other assets | ₹20 Cr | ₹18 Cr | ₹19 Cr | ₹10 Cr | ₹19 Cr | ₹29 Cr |
| Total assets | ₹26 Cr | ₹24 Cr | ₹24 Cr | ₹15 Cr | ₹23 Cr | ₹34 Cr |
How to read this
As filed each year. A line the company does not report — deposits for a non-lender, for instance — is left out rather than shown as a row of dashes.
Who owns it
As disclosed at Mar 2026
The ownership split has held steady since Mar 2025. The shareholder count grew 6% to 286.
- Promoters
- 44.5%
- Public
- 55.5%
Since Mar 2025
- Public −0.01 pp
- Promoters 0.00 pp
How it drifted, 12 quarters
Over this window promoters fell from 68.2% to 44.5% — −23.8 pp.
Ownership split by quarter, oldest first. Sep '21: Promoters 68.2%, Public 31.8%.Mar '22: Promoters 68.2%, Public 31.8%.Sep '22: Promoters 68.2%, Public 31.8%.Mar '23: Promoters 68.2%, Public 31.8%.Jun '23: Promoters 68.2%, Public 31.8%.Sep '23: Promoters 66.2%, Public 33.8%.Dec '23: Promoters 54.5%, Public 45.5%.Mar '24: Promoters 53.1%, Public 46.9%.Sep '24: Promoters 44.5%, Public 55.5%.Mar '25: Promoters 44.5%, Public 55.5%.Sep '25: Promoters 44.5%, Public 55.5%.Mar '26: Promoters 44.5%, Public 55.5%.
Who bought this quarter
since Sep 2025
Disclosed holders that added to a position or appeared on the register for the first time, biggest addition first.
- Tarun Mehta newly disclosed 1.06% held
- Sai Suraj Vuriti +0.45 pp 1.51% held
The same filing shows 0 holders trimming and 2 off the list — both are in the register beside this.
Who is on the register
Named in the Mar 2026 filing
Every holder of Shiva Granito Export Limited above SEBI's 1% disclosure line, and what changed since Sep 2025.
| Holder | Stake | Change |
|---|---|---|
| Asha Upadhyay | 23.00% | unchanged |
| Rachna Upadhyaya | 21.25% | unchanged |
| Mani Narang | 3.63% | unchanged |
| Mahendra Girdharilal Wadhwani | 1.51% | unchanged |
| Paritosh Pravinchandra Modi | 1.51% | unchanged |
| Sai Suraj Vuriti | 1.51% | +0.45 pp |
| Mukesh Kumar | 1.06% | unchanged |
| Tarun Mehta | 1.06% | newly disclosed |
| Abhishek Upadhyay | 0.13% | unchanged |
| Shiva Explosives India Private Limited | 0.04% | unchanged |
| Abhinav Upadhyay | 0.04% | unchanged |
| Harshita Upadhyay | 0.00% | unchanged |
A holder disappearing from this list has fallen below the 1% line — it is not necessarily a sale. Percentages are of total shares, as disclosed in the company's own filing. Who was buying across the market this quarter.
Learn to analyse Shiva Granito Export Limited
Guides on how to read this kind of business and the numbers that matter.