Company Overview
Saint-Gobain Sekurit India Limited reported strong financial performance for FY 2025-26 with significant growth across key metrics. Revenue from operations increased 17% year-over-year to ₹2,429.93 crore from ₹2,084.14 crore, while net profit grew 27% to ₹457.99 crore from ₹359.82 crore. The company achieved a net profit ratio of 18.85% and return on equity of 19.96%, demonstrating improved profitability.
Dividend Declaration and AGM Details
The Board recommended a final dividend of ₹2.50 per equity share (face value ₹10 each) totaling ₹227.76 crore, subject to shareholder approval at the 53rd Annual General Meeting scheduled for July 30, 2026. The AGM will be conducted via video conference and includes agenda items such as adoption of financial statements, reappointment of director Mr. Manigandann R., ratification of cost auditor remuneration, and approval of related party transactions with Saint-Gobain India Private Limited up to ₹150 crores.
Financial Performance and Investments
The company showed robust operational performance with operating profit increasing 26% to ₹600.01 crore. Key investments included mutual fund holdings valued at ₹1,998.04 crore as of March 31, 2026, with recognized gains of ₹519.91 lakhs from investments. The company also completed the sale of its investment in VEH Wind Energy Private Limited for ₹37.95 lakhs.
Corporate Governance and Compliance
The company maintained strong corporate governance practices with a board composition of 6 directors (1 Executive, 5 Non-Executive including 2 Independent Directors). Significant compliance aspects included implementation of new Labour Codes effective November 21, 2025, resulting in additional gratuity liability of ₹6.27 lakhs and compensated absences impact of ₹1.91 lakhs. The company spent ₹83.00 lakhs on CSR activities, exceeding the statutory requirement.
Shareholding and Related Party Transactions
Promoter holding remained stable at 74.99% (Saint-Gobain Sekurit France 48.26% + Saint-Gobain India 26.74%). Related party transactions with fellow subsidiaries totaled ₹489.56 crore for purchase of goods and ₹374.71 crore for sale of manufactured products. Key management personnel compensation amounted to ₹202.58 lakhs, including remuneration to the Managing Director of ₹190.98 lakhs.
Contingencies and Subsequent Events
Contingent liabilities stood at ₹1,151.13 lakhs, primarily comprising indirect tax matters of ₹843.64 lakhs and sales tax matters of ₹278.11 lakhs. The company reported no subsequent events requiring adjustments beyond those disclosed in the financial statements.