1. Approval of Audited Financial Results

The Board approved the Standalone and Consolidated Audited Financial Results of the Company for the quarter and financial year ended March 31, 2026.

  • Standalone and Consolidated Audited Financial Results
  • Auditors' Reports on the Standalone and Consolidated Audited Financial Results
  • Declaration regarding unmodified opinion on the Audit Reports

The Standalone Audited Financial Results for the year ended March 31, 2026 show:

  • Total Income: ₹35,463.39 lakhs (FY26) vs ₹39,815.27 lakhs (FY25)
  • Total Expenses: ₹32,341.68 lakhs (FY26) vs ₹36,349.07 lakhs (FY25)
  • Profit Before Tax: ₹3,121.71 lakhs (FY26) vs ₹3,466.19 lakhs (FY25)
  • Total Tax Expense: ₹876.08 lakhs (FY26) vs ₹917.33 lakhs (FY25)
  • Profit for Period from Continuing Operations: ₹2,245.63 lakhs (FY26) vs ₹2,548.87 lakhs (FY25)
  • Total Comprehensive Income for Period: ₹2,167.64 lakhs (FY26) vs ₹2,578.99 lakhs (FY25)
  • Basic EPS: ₹19.05 (FY26)

Standalone Assets and Liabilities as at March 31, 2026:

  • Total Assets: ₹48,032.36 lakhs
  • Total Equity: ₹30,686.71 lakhs
  • Equity Share Capital: ₹1,178.73 lakhs
  • Other Equity: ₹29,507.98 lakhs
  • Non-current liabilities: ₹1,882.48 lakhs
  • Current liabilities: ₹15,463.17 lakhs

The Consolidated Audited Financial Results for the year ended March 31, 2026 show:

  • Total Income: ₹54,218.02 lakhs (FY26) vs ₹56,640.18 lakhs (FY25)
  • Total Expenses: ₹51,661.87 lakhs (FY26) vs ₹54,142.62 lakhs (FY25)
  • Profit Before Tax: ₹2,556.15 lakhs (FY26) vs ₹2,497.55 lakhs (FY25)
  • Total Tax Expense: ₹778.27 lakhs (FY26) vs ₹812.01 lakhs (FY25)
  • Profit for Period Attributable to Owners: ₹1,876.84 lakhs (FY26) vs ₹1,975.46 lakhs (FY25)
  • Total Comprehensive Income Attributable to Owners: ₹1,811.87 lakhs (FY26) vs ₹2,004.65 lakhs (FY25)
  • Basic EPS: ₹15.92 (FY26)

The consolidated results include financial results of Asahi Songwon Colors Limited (Parent), Asahi Tennants Color Private Limited (Subsidiary), Atlas Life Sciences Private Ltd (Wholly owned subsidiary), Atlas Life Sciences (India) Private Ltd (Wholly owned subsidiary), and Plutoeco Enviro Association (Associate Company).

2. Recommendation of Final Dividend

The Board recommended a Final Dividend of ₹1.50 per Equity Share (15.00%) having face value of ₹10 each for the financial year 2025-26. This is subject to the approval of the Members at the ensuing Annual General Meeting (AGM).

If approved, the Final Dividend shall be paid within 30 days from the date of the AGM.

3. Re-appointment/Appointment of Directors and KMP

Based on the recommendation of the Nomination and Remuneration Committee and subject to member approval where applicable:

  • Re-appointment of Mrs. Paru Mrugesh Jaykrishna (DIN: 00671721) as Chairperson and Managing Director for a further period of three consecutive years with effect from August 1, 2026
  • Re-appointment of Mr. Gokul Mrugesh Jaykrishna (DIN: 00671652) as Managing Director for a further period of three consecutive years with effect from August 1, 2026
  • Resignation of Mr. Gokul Mrugesh Jaykrishna from the position of Chief Executive Officer (CEO) with effect from close of business hours on May 26, 2026
  • Appointment of Mr. Arjun Gokul Jaykrishna (DIN: 08548676) as Chief Executive Officer (CEO) with effect from May 27, 2026 for a period of three consecutive years

4. Resignation of Directors/KMP

The Board noted the resignation of:

  • Mr. Sudhin Choksey from the position of Non-Executive Independent Director with effect from close of business hours on April 4, 2026 (already intimated to exchanges)
  • Mr. Pratik Shah from the position of Chief Financial Officer (CFO) with effect from close of business hours on April 9, 2026 (already intimated to exchanges)

5. Reconstitution of Board Committees

The Board reconstituted various Committees with effect from May 26, 2026:

Audit Committee:

  • Mr. Shrenik S. Shah (Chairperson) - Non-Executive Independent Director
  • Mrs. Paru M. Jaykrishna - Chairperson & Managing Director
  • Mrs. Shvani Lakhia - Non-Executive Independent Director

Nomination and Remuneration Committee:

  • Mrs. Shvani Lakhia (Chairperson) - Non-Executive Independent Director
  • Mr. Shrenik S. Shah - Non-Executive Independent Director
  • Mrs. Paru M. Jaykrishna - Chairperson & Managing Director

Risk Management Committee:

  • Mrs. Paru M. Jaykrishna (Chairperson) - Chairperson & Managing Director
  • Mrs. Shvani Lakhia - Non-Executive Independent Director
  • Mr. Shrenik S. Shah - Non-Executive Independent Director

6. Additional Disclosures and Filings

  • Additional disclosures as required under Regulation 30 read with Schedule III of SEBI Listing Regulations and SEBI Master Circular dated January 30, 2026 are enclosed as Annexure A
  • Integrated Filing (Financial) pursuant to SEBI Circular dated December 31, 2024 is being submitted separately in XBRL format
  • The Audited Financial Results along with Audit Reports are available on the company website at www.asahisongwon.com
  • The Board Meeting commenced at 11:30 AM and concluded at 1:45 PM

7. Auditor's Report

The Statutory Auditors, M/s. Talati and Talati LLP, Chartered Accountants, have issued an unmodified opinion on both the Standalone and Consolidated Audited Financial Results for the year ended March 31, 2026.

8. Segment Information

The Group reported segment information as per Ind AS 108 with two operating segments:

  • Pigments: Revenue of ₹42,918.09 lakhs (FY26) vs ₹46,452.45 lakhs (FY25)
  • API: Revenue of ₹11,299.93 lakhs (FY26) vs ₹10,187.73 lakhs (FY25)