Key Quantitative Figures

  • Dividend Recommended: ₹1.50 per equity share (15% on face value of ₹10 per share) for FY26 amounting to ₹135 lakhs
  • Profit from Continuing Operations: ₹449.14 lakhs for FY26 (compared to loss of ₹166.46 lakhs in FY25)
  • Total Comprehensive Income: ₹547.47 lakhs for FY26 (₹8,281.82 lakhs in FY25)
  • Tea Production: 17.75 lakh kgs in FY26 (20.69 lakh kgs in FY25)
  • Average Realization: ₹279.00 per kg (7% increase from ₹261.31 in FY25)
  • Interest Rate Sensitivity: ₹4.58 lakh PBT impact for 0.50% rate change
  • ROCE Ratio: 5.64% in FY26 (down from 65.32% in FY25)
  • Current Ratio: 10.46 in FY26 (12.00 in FY25)

Risk Management Disclosure

Foreign Exchange Risk

The Company reported no unhedged foreign currency exposure as of 31st March 2026 and 31st March 2025. It holds no significant foreign currency trade payables or receivables and is therefore not exposed to foreign exchange risk.

Interest Rate Risk

Exposure to interest rate risk as of 31st March 2026:

  • Fixed Rate Instruments (Financial Assets): ₹1,327.54 lakh
  • Fixed Rate Instruments (Financial Liabilities): ₹2,382.01 lakh
  • Variable Rate Instruments (Financial Liabilities): ₹2,094.12 lakh

Sensitivity Analysis for FY26:

  • An interest rate increase of 0.50% would increase profit before tax by ₹4.58 lakh and other equity by ₹3.30 lakh
  • An interest rate decrease of 0.50% would decrease profit before tax by ₹4.58 lakh and other equity by ₹3.30 lakh

Other Price Risk

Exposure to other market price risk as of 31st March 2026:

  • Investment in Mutual Funds / AIF / ETF etc.: ₹13,588.56 lakh
  • Investment in Debentures / Bonds: ₹1,327.54 lakh

The Company considers these investments strategic or liquid and not exposed to significant price risk.

Dates of Action

  • AGM Date: Friday, August 7, 2026 at 11:00 AM IST
  • Cut-off Date: Friday, July 31, 2026
  • E-voting Period: August 4, 2026 (9:00 AM) to August 6, 2026 (5:00 PM)
  • Book Closure: August 1, 2026 to August 7, 2026 (both days inclusive)
  • Dividend Payment: Within 30 days of declaration if approved at AGM

Financial Ratios Analysis

| Ratio | 31-Mar-26 | 31-Mar-25 | % Variance | Reason for Variance |

|--|--|--|--|--|

| Current Ratio | 10.46 | 12.00 | (12.78) | Higher due to increased investments and crystallization of the sale of Discontinued Operations |

| Debt Service Coverage Ratio | 0.78 | 2.04 | (61.64) | Decline due to lower operating earnings after discontinuing business segments |

| Return on Equity Ratio | 0.02 | 0.56 | (95.82) | FY25 was high due to profit on sale of 'Assets held for Sale' |

| Trade Receivable Turnover Ratio | 313.52 | 124.07 | 152.70 | Improved due to faster realization of sale proceeds |

| Net Profit Ratio | 0.09 | 1.54 | (94.46) | High variance due to profit on disposal transactions of discontinued operations |

| Return on Capital Employed (ROCE) | 5.64 | 65.32 | (91.36) | High variance due to profit on disposal transactions of discontinued operations |

AGM Agenda Items

Ordinary Business

1. Adoption of audited financial statements for FY26

2. Declaration of dividend of ₹1.50 per share

3. Re-appointment of Mrs. Shubha Kanoria as director

Special Business

4. Re-appointment of Mr. Kushagra Kanoria as Whole-Time Director