Alkali Metals Limited

Key Quantitative Figures

  • Revenue: ₹9,302.90 lakhs (FY 2024-25: ₹8,233.00 lakhs)
  • Other Income: ₹61.26 lakhs (FY 2024-25: ₹156.70 lakhs)
  • Profit Before Tax: ₹331.74 lakhs (FY 2024-25: loss of ₹803.50 lakhs)
  • Profit After Tax: ₹55.64 lakhs (FY 2024-25: loss of ₹579.98 lakhs)
  • Total Comprehensive Income: ₹67.35 lakhs (FY 2024-25: loss of ₹580.26 lakhs)
  • Dividend Recommended: 10% (₹1 per equity share of ₹10 each)
  • Research & Development Expenditure: ₹125.03 lakhs
  • Export Earnings: ₹4,734.39 lakhs (49% of total turnover)
  • Net Foreign Exchange Earnings: ₹3,642.50 lakhs
  • Employee Strength: 105 employees as of 31 March 2026

Dates of Action

  • AGM Date: 21 August 2026 at 11:00 AM IST via video conference
  • Book Closure Date: 14 August 2026 to 21 August 2026 (both days inclusive)
  • Record Date for Dividend: 14 August 2026
  • E-voting Period: 18 August 2026 (9:00 AM) to 20 August 2026 (5:00 PM)
  • Dividend Payment: Within 30 days of AGM approval

Parties Involved

  • Statutory Auditors: M/s. J V S L & Associates (appointed for 5 years from 21 August 2025)
  • Internal Auditors: M/s. Ramakrishna & Associates
  • Secretarial Auditor: CS B. Venkatesh Babu
  • RTA: M/s. Cameo Corporate Services Limited
  • Bankers: State Bank of India SME Yellareddy Guda Branch
  • Scrutinizer for E-voting: CS B. Venkatesh Babu

Purpose/Rationale

The Annual Report provides comprehensive disclosure of the company's financial performance, corporate governance practices, and compliance with regulatory requirements. The AGM notice seeks shareholder approval for routine matters including adoption of accounts, dividend declaration, and director appointments.

Financial Impact

  • Dividend payout of approximately ₹101.83 lakhs subject to shareholder approval
  • No material impact on capital structure as no new shares were issued
  • Tax expense of ₹276.09 lakhs including reversal of unutilized MAT credit of ₹196.80 lakhs

Capital Structure Impact

  • No change in share capital during the year (remained at 1,01,82,506 equity shares of ₹10 each)
  • Promoter holding: 69.59% (Y.S.R. Venkata Rao holds 67.81%)
  • 99.99% shares in dematerialized form

Cash Flow Implications

  • Dividend payment will result in cash outflow of approximately ₹101.83 lakhs
  • Operating cash flow: ₹281.81 lakhs
  • Investing cash flow: outflow of ₹26.57 lakhs
  • Financing cash flow: outflow of ₹254.06 lakhs

Forward-looking Guidance

  • Company targeting expansion into more than 30 countries by 2030
  • Aiming for USD 3 million revenue from Chinese market, increasing to USD 5 million by 2030
  • Focus on product innovation and portfolio expansion
  • Continued emphasis on export market growth

Material Changes

  • Significant improvement in profitability compared to previous year loss
  • Export contribution increased to 49% of total turnover
  • Industrial relations remained cordial across all locations
  • No material changes or commitments after year-end

Additional Information

  • Company has three manufacturing units: Unit-I (Hyderabad), Unit-II (Medchal District), Unit-III (Visakhapatnam)
  • Product segments: Sodium Derivatives (83% of sales volume), Pyridine Derivatives (8.5%), Fine Chemicals
  • Credit rating: Long term BB+ (Negative), Short term A4+
  • No pending litigations that impact going concern status
  • No fraud reported by auditors during the year
  • Company paid penalty for one-day delay in uploading Annual Report on stock exchange website