NSE SME Stock Reaches Near 52-Week High Amidst Weak Market Sentiment

Shreeji Global FMCG Posts Record Financial Performance

In a remarkable display of financial prowess, Shreeji Global FMCG, a Rajkot-based FMCG company, has reported a record consolidated net profit of ₹19.92 crore for the financial year ended 31 March. This marks a notable 62.83% year-over-year increase from ₹12.23 crore in the previous year. The company's consolidated revenue rose 18.01% to ₹769.76 crore, compared with ₹652.27 crore in FY25.

The company witnessed significant growth in the latter half of the fiscal year. For H2 FY26, revenue increased by 57.98% year-over-year to ₹475.20 crore, while net profit rose by 54.38% to ₹8.81 crore. This impressive performance demonstrates the company's ability to sustain growth and maintain its market position.

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In a show of confidence in its financial health, the Board of Directors recommended a final dividend of ₹0.25 per equity share for FY26. A key development throughout the year was the ongoing expansion of the company's branded and value-added product lineup under the "Shethji" brand. Shreeji Global enhanced its market position in spices, grains, pulses, and agricultural commodities by utilizing its processing facilities located in Rajkot and Morbi. Additionally, the company broadened its sourcing network by importing essential agricultural products, which supported its expanding domestic and export operations.

The company's share price has responded positively to its financial performance, with the stock opening at an intraday low of ₹164 apiece on the NSE and touching an intraday high of ₹168 per share. Based on the latest performance data, the stock has delivered 36.53% returns in the past one month and 47.11% gains on a year-to-date basis, sharply outperforming the Nifty SME Emerge Index, which declined 2.67% and 6.06%, respectively, during the same periods.

Despite the company's impressive performance, the Indian equity market remains subdued, with the Sensex declining 322.14 points, or 0.43%, to 73,945.20 in early trade, while the Nifty 50 slipped 153.45 points, or 0.66%, to 23,229.15. Market experts attribute this decline to persistent foreign portfolio investor (FPI) outflows and ongoing geopolitical tensions in West Asia. However, they note that oversold conditions in several sectors could trigger a technical rebound if sentiment improves.