Annual Report for the Financial Year 2025-26

SEL/SE/2026-27/SEPT/04 September 03, 2026 The Manager (Listing) BSE Limited Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai 400 001 Scrip Code: 540786 Sub: Submission of Annual Report for the Financial Year 2025-26 Dear Sir/ Madam, Please find enclosed herewith Annual Report for the Financial Year 2025-26 as required under Regulation 34 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“Listing Regulations”). The Annual Report is being sent to the members who have registered their Email Ids with the Company/ Company Registrar and Share Transfer Agent/ Depositories. The members can also access the Annual Report on Company’s website at https://sharikaindia.com/pdf-2025/annual-report-2025-26-version.pdf. Further, pursuant to Regulation 36(1)(b) of Listing Regulations, a letter providing the web-link of the Annual Report has been sent to those members who have not registered their e-mail id with the Company/ Registrar and Share Transfer Agent/ Depositories. You are requested to take the same on your record. Thanking You. Yours Faithfully For Sharika Enterprises Limited Pushpa Yadav Company Secretary & Compliance Officer Encl: A/a SHARIKA ENTERPRISES LIMITED CIN : L27102UP1998PLC206404 BOARD’S REPORT TO THE MEMBERS OF SHARIKA ENTERPRISES LIMITED The Directors are pleased to present the 28 (Twenty Eighth) Annual Report of the Company together with Consolidated and S1t. a ndFaIlNonAeN ACuIAdiLt ePdE FRiFnOanRcMiaAl SNtCaEtements of the Company for the Financial Year ended on March 31, 2026. (Rs. in Lakhs) Particulars Consolidated Standalone FY 2025-26 FY 2024-25 FY 2025-26 FY 2024-25 Revenue from Operations 7,546.15 8171.10 7515.99 7950.16 Total Income 7644.41 8212.59 7606.10 7981.25 Other Income 98.26 41.49 90.11 31.09 EBIDTA (767.09) 188.70 (412.49) 356.82 Finance Cost (including interest) 279.20 177.92 274.72 170.72 Profit / (Loss) before Tax (1152.97) (14.51) (1,019.59) 121.87 Depreciation & Amortization 106.68 70.25 83.30 64.23 Add: -Exceptional Items - (44.96) - - Profit / (Loss) After Tax (890.15) (36.18) (770.51) 97.19 Less: -Tax Expense (262.82) (23.29) (249.08) 24.68 CONSOLIDATED 4 DIVIDEND : - . Revstenue from operations for the Financial Year ending In order to conserve the resources of the Company 31 March 2026 was Rs. 7,546.15 lakhs as against Rs. and to plough back the profits for growth, the Board 8171.10 lakhs for the previsotus Financial Year. Loss after of Directors of the Company have decided not to tax for the year ended 31 March, 2026 is Rs. 890.15 recommend any dividend on the equity shares of the lakhs as compared to Net Loss of Rs. 36.18 lakhs in the 5. SCUoBmSIpDaInAyR foYr, thJeO FINinTa ncViaElN YTeaUrR eEn deAdN MDa rcAhS 3S1O, C2I0A2T6E. pSTreAvNioDuAsL yOeNarE.: - COMPANIES Revenue from operation for the Financial Year under The Company has below Subsidiary Companies i.e., review was Rs. 7,515.99 lakhs as against Rs. 7,950.16 • Sharika Spintech Private Limited (Formerly lakhs for the previostus financial year. Loss after tax for known as Sharika Lightec Private Limited) the year ended 31 March 2026 is Rs. 7,70.51 lakhs • Sharika Smartec Private Limited as compared to Net Profit of Rs. 97.19 lakhs in the 2. pSHreAvRioEu sC AyePaIrT.AL • Contronics Switchgear India Private Limited The Company has a Joint Venture Company namely, M/s Elettromeccanica India Private Limited. The paid-up Equity Share Capital of the Company as Further, no subsidiaries have been ceased to be a on March 31, 2026 was Rs. 21.65 Crores. There was subsidiary during the period under review. no change in the share capital during the year under review. The details and performance of the subsidiaries and joint venture are given in Form AOC -1 which is been The Company approved Preferential issue of equity 6. aCnOnNeSxOedL IsDeApaTrEaDte FlyI NanAdN fCoIrAmLs S pTaArTt EoMf tEhNisT rSe port. shares and share warrants convertible into equity shares pursuant to Board approval dated June 23, 2026 and subsequent member’s approval dated July 17, 2026. The Company is awaiting in-principle approval In accordance with the provisions of sub-section (3) 3 fRrEomSE BRSVEE.S of Section 129 of the Act and relevant SEBI Listing Regulations, the Consolidated Financial Statements of . the Company, including the financial details of all the subsidiary companies, forms part of this Annual Report. The Company has not transferred any amount to the The Consolidated Financial Statements have been Reserves during the year under review. prepared in accordance with the Accounting Standards prescribed under Section 133 of the Act. Annual Report 2025-26 | 1| SHARIKA ENTERPRISES LIMITED CIN : L27102UP1998PLC206404 7. RESEARCH & DEVELOPMENT A Certificate pursuant to provisions of Regulation 17(8) of SEBI Listing Regulations certified by the Managing The Company continues to make sustained efforts Director and Chief Financial Officer (CFO), forming part in Research & Development (R&D) with the aim of of the Corporate Governance Report, further confirms strengthening the Company's competitive position, the existence and effectiveness of internal controls and meeting evolving customer requirements, and reiterates their responsibilities to report deficiencies to expanding its presence in both domestic and global 12. tDhIeR AEuCdTiOt CRoSm &m KitEtYee M aAnNd AreGcEtiRfyIA thLe P sEaRmSeO.NNEL 8. mCOaRrkPeOtsR. ATE GOVERNANCE (I) Directors a) Chairman The Company is committed to maintaining the best standards of Corporate Governance and has always been able to build and sustain the trust with M(br). R aAjpinpdoeirn Ktmaueln ist tahned C Rhea-iramppano ionft tmhee nBtoard. shareholders, employees, customers, suppliers and other stakeholders. A separate section on Corporate Governance, forming - Dr. Vijay Pande was appointed as an Additional part of the Board’s Report along with a certificate Director under the category of Non-Executive from the Practicing Company Secretary confirming Non-Independent Director of the Company by the compliance of the Corporate Governance norms as Board of Directors at their meeting held on August stipulated in the Securities and Exchange Board of India 8, 2025. Further, the shareholders approved his (Listing Obligations Aannnde xDurisec l-o Asu.re Requirements) appointment at the Annual General Meeting dated Regulations, 2015 (“Listing Regulations”) is included in September 26, 2025. 9. tMhAe NAAnnGuEaMl ERNepTo DrtI iSnC USSION AND ANALYSIS REPORT - Mr. Tej Kishen Wali was appointed as an Additional Director under the category of Non- Executive Independent Director of the Company In terms of Regulation 34 of the SEBI Listing by the Board of Directors at their meeting held Regulations, a separate section on the Management on January 27, 2026. Further, the shareholders Discussion and Analysis Report forms an integral approved his appointment vide Postal Ballot part of this Annual Report. The report provides an (c) dStaatetuds M oafr Dchir 6e,c 2to0r2s6 a.s on March 31, 2026 overview of the Company's operational and financial performance, industry developments, opportunities, Sr. 10. rINisTksE,R aNndA Lo uFtIlNoAokN CfoIrA tLh CeO fuNtTurReO.L AND ITS ADEQUACY Name of Directors Designation The Board has adopted appropriate policies and 1 Mr. Rajinder Kaul Managing Director procedures to ensure the orderly and efficient conduct 2 Mr. Sanjay Verma Executive Director of the Company's business, including adherence to Non-Executive - Company policies, safeguarding of its assets, prevention 3 Mrs. Saroj Chelluri and detection of frauds and errors, establishing error Independent Director reporting mechanisms, maintenance of accurate and Mr. Shyama Prasad Non-Executive - complete accounting records, and timely preparation of Mukherjee Independent Director reliable financial information. Non-Executive - 5 Mr. Tej Kishen Wali Independent Director The internal financial control framework is supported by an internal audit program conducted by in-hou [Showing first 8,000 characters — download PDF for full document]