Company Overview

Ajanta Soya Limited (Scrip Code: 519216) conducted its 35th Annual General Meeting on September 28, 2026, to approve the audited financial statements for FY ended March 31, 2026, and address key corporate resolutions.

Financial Performance

FY 2025-26 Results:

  • Total Income: ₹13,146.44 million (Previous year: ₹13,384.92 million)
  • Total Expenditure: ₹13,025.76 million (Previous year: ₹13,021.75 million)
  • Profit Before Tax: ₹120.68 million (Previous year: ₹363.17 million)
  • Profit After Tax: ₹83.75 million (Previous year: ₹271.46 million)
  • Earnings Per Share: ₹1.04 (Previous year: ₹3.37)
  • Vanaspati/Refined Oil Production: 90,118.949 MT (Previous year: 94,977.469 MT)
  • Revenue from Operations: ₹13,076.71 million (Previous year: ₹13,298.11 million)

No dividend was recommended for FY 2025-26 as the Board decided to retain and plough back profits into the business.

AGM Resolutions

The AGM approved several key resolutions including:

  • Adoption of audited financial statements for FY 2025-26
  • Reappointment of Mr. Arun Tyagi who retired by rotation
  • Ratification of remuneration for cost auditors M/s. K.G. Goyal & Associates at ₹55,000 per annum for FY 2026-27
  • Approval for remuneration increase to ₹36,00,000 per annum for Ms. Prachi Goyal effective October 1, 2026
  • Reappointment of Mr. Sushil Kumar Goyal as Managing Director for three years with gross monthly remuneration not exceeding ₹12,50,000 and performance-linked bonus up to ₹2.50 crore per annum
  • Reappointment of Mr. Abhey Goyal as Whole-time Director for three years with gross monthly remuneration not exceeding ₹11,00,000 and performance-linked bonus up to ₹2.50 crore per annum

Regulatory Compliance & Accounting Policies

The company confirmed compliance with MCA notification (Companies Accounts Amendment Rules, 2021) effective April 1, 2023, requiring accounting software with audit trail features that cannot be disabled. Financial statements were prepared in accordance with Indian Accounting Standards (Ind AS) on accrual and going concern basis using historical cost basis.

Material Accounting Policies:

  • Revenue recognition: Measured at fair value of consideration net of returns, discounts, and taxes
  • Property, Plant and Equipment: Measured at acquisition/construction cost less accumulated depreciation
  • Inventories: Valued at cost or net realizable value using FIFO method
  • Financial instruments: Classified and measured as amortized cost, FVTPL, or FVTOCI
  • Taxation: Current tax based on estimated taxable income with deferred tax on temporary differences
  • Leases: Finance leases capitalized, operating leases recognized as expense

Corporate Governance & Audit Details

The Board comprises 6 members with 3 Executive Directors and 3 Independent Directors. Financial statements were audited by TAS Associates (Firm Registration No: 010520N) and signed by Mukesh Agrawal, Partner on May 30, 2026. The company maintained adequate internal financial controls and complied with all applicable provisions of the Companies Act, 2013 and SEBI Listing Regulations.

Shareholding & Credit Rating

As on March 31, 2026:

  • Promoter and Promoter Group: 49.80%
  • Public Shareholding: 50.20%
  • Dematerialized Shares: 92.86% of paid-up capital

CRISIL Ratings (as of June 2, 2025):

  • Long-Term Rating: CRISIL BBB-/Positive
  • Short-Term Rating: CRISIL A3
  • Total Bank Loan Facilities Rated: ₹170 crore