Company Overview
Alufluoride Limited, a leading aluminium fluoride manufacturer with 18,000 MT annual capacity, reported strong FY26 financial results and announced its 16th July 2026 AGM. The company, incorporated in 1984 and listed on BSE, operates with its wholly-owned subsidiary Alufluoride International Pte. Ltd. in Singapore.
Financial Performance Highlights
Alufluoride achieved record standalone performance with revenue growing 11% to ₹210.10 crore (₹20,876.40 lakhs) and net profit surging 39% to ₹25.30 crore (₹2,513.45 lakhs). Operational metrics showed production of 17,787 MT AlF3 and sales of 18,866 MT. The company maintained a healthy debt-equity ratio of 0.30 with total equity at ₹125.67 crore and borrowings at ₹37.70 crore.
Capital Structure and Investments
The capital structure includes authorized share capital of ₹10 crore and paid-up capital of ₹7.82 crore. Significant capital work in progress of ₹22.54 crore reflects ongoing expansion projects including new calciner installation (₹12.30 crore) and new centrifuge installation (₹9.10 crore). Investments include ₹40.05 crore in mutual funds classified as fair value through OCI.
Dividend and AGM Details
The board recommended a final dividend of ₹4 per share, subject to shareholder approval at the 16th July 2026 AGM. The record date is set for 3rd July 2026, with payment scheduled from 21st July 2026. The AGM will address adoption of financial statements, dividend declaration, re-appointment of director Jyothsana Akkineni, and approval of increased remuneration for MD Venkat Akkineni (up to ₹3 crore annually) and CEO Aditya Akkineni (up to ₹2 crore annually).
Key Ratios and Position
Current ratio stood at 2.04, return on equity improved to 22.99%, and net profit margin expanded to 12.52%. Property, plant and equipment net block was ₹62.64 crore, inventories ₹21.03 crore, and trade receivables ₹10.89 crore. The company maintained bank relationships with Punjab National Bank, ICICI Bank, and SIDBI.
Regulatory Compliance and Governance
The disclosure complies with SEBI Listing Regulations and Companies Act requirements. Key managerial personnel include Venkat Akkineni (MD), K. Purushotham Naidu (CFO), Vaishali Kohli (Company Secretary), and Aditya Akkineni (CEO). Auditors include Brahmayya & Co. (statutory), J K & Co. (cost), and GMVDR & Associates (secretarial).