Financial Performance Highlights

Standalone Performance:

  • Income from Operations: ₹683.77 crore (29.63% increase from ₹522.04 crore in FY25)
  • Total Income: ₹695.47 crore
  • Profit Before Tax: ₹69.18 crore
  • Profit After Tax: ₹53.85 crore (41.49% increase from ₹38.07 crore in FY25)

Consolidated Performance:

  • Revenue from Operations: ₹713.23 crore (28% increase from ₹558.86 crore in FY25)
  • Profit Before Tax: ₹82.66 crore
  • Profit After Tax: ₹64.81 crore (34% increase from ₹48.23 crore in FY25)
  • Basic and Diluted EPS: ₹4.26 (FY25: ₹3.50)
  • Total Assets: ₹845.50 crore
  • Total Equity: ₹559.33 crore

Dividend Declaration

  • Interim Dividend: 35% (₹0.35 per share) amounting to ₹532.99 lakhs, already paid
  • Final Dividend Recommended: 45% (₹0.45 per share) amounting to ₹685.28 lakhs
  • Total Dividend for FY 2025-26: 80% (₹0.80 per share) amounting to ₹1,218.27 lakhs
  • Dividend Payment: To be paid within 30 days from AGM date

Operations Review

Business Segments: Marigold Extracts (41.71% of turnover), Spice Oleoresins (23.61%), Instant & Decaffeinated Tea (23.67%), Botanical-based Feed Additives (7.87%)

Export Contribution: 94.06% of total turnover

Geographic Distribution: India (₹38.30 crore), Rest of the World (₹673.13 crore)

Foreign Exchange Earnings: ₹597.71 crore

Subsidiary Performance

  • AVT Natural SA DE CV, Mexico: Sales ₹7.17 crore, Loss ₹0.04 crore
  • AVT Natural Europe Limited, UK: Sales ₹93.48 crore, Profit ₹2.41 crore
  • AVT Natural FZCO, Dubai: Sales ₹128.05 crore, Profit ₹8.66 crore
  • AVT Natural North America Inc: Sales ₹92.42 crore, Profit ₹1.90 crore
  • New Subsidiary: AVT Natural DWC-LLC incorporated in Dubai South on April 9, 2026

Management Changes

Board Changes:

  • Mr. Siddharth Thomas appointed as Additional Director from June 9, 2026
  • Mrs. Shanthi Thomas resigned from Board effective June 9, 2026
  • Mr. A D Bopana retired as Independent Director effective August 25, 2025
  • Mrs. Kavitha Vijay reappointed as Independent Director until September 22, 2030

Key Managerial Personnel:

  • Mr. K Nandakumar appointed as Manager & CEO for 5 years from May 28, 2026 to May 27, 2031
  • Remuneration includes salary, allowances, benefits, performance incentive, and perquisites

AGM Details

40th Annual General Meeting: August 17, 2026 at 11:30 AM through Video Conference

Business Items: Adoption of financial statements, dividend declaration, director appointments, CEO remuneration approval

Important Dates: Book Closure (August 11-17, 2026), Remote E-voting (August 14-16, 2026)

Risk Management & Contingencies

Contingent Liabilities: ₹2,445.65 lakhs in various tax matters (Sales Tax/VAT, Income Tax, Customs, GST)

Corporate Guarantees: ₹5,454.45 lakhs for subsidiaries

Foreign Currency Risk: Managed through forward contracts (notional value ₹18,677.98 lakhs)

Credit Risk: Trade receivables ₹240.40 crore, top customer contributes 43.21% of revenue

Employee Benefits

Defined Contribution Plans: Provident fund ₹3.32 crore, Superannuation fund ₹0.85 crore

Defined Benefit Plans: Gratuity net liability ₹75.47 crore

Other Benefits: Leave encashment obligation ₹66.32 crore

Employee Strength: 352 permanent employees

Capital Structure & Corporate Governance

Paid-up Equity Share Capital: ₹15.23 crore (152,284,000 shares of Re.1 each)

Board Composition: 6 Directors (1 Chairman, 3 Independent, 2 Non-Executive)

Board Meetings: 6 meetings held during FY 2025-26

Credit Rating: [ICRA]A+ for bank facilities