Key Decisions and Approvals
- The Board of Directors considered and approved the Audited Financial Results along with Auditors Report for the quarter and financial year ended March 31, 2026
- The Board considered and approved Alteration of Object Clause of Memorandum of Association of the company, subject to shareholder approval
- Fixed date of Extra-Ordinary General Meeting (EGM) for Wednesday, July 22, 2026 through Video conference/Other Audio Video Means
Financial Results Highlights (₹ in Lakhs)
Quarter Ended March 31, 2026:
- Revenue from Operations: ₹752.61
- Other Income: ₹210.60
- Total Income: ₹963.21
- Total Expenses: ₹790.83
- Profit Before Tax: ₹172.38
- Tax Expense: ₹55.67 (Deferred Tax)
- Profit After Tax: ₹116.71
- Basic & Diluted EPS: ₹0.54 (annualized)
Year Ended March 31, 2026:
- Revenue from Operations: ₹5,812.93
- Other Income: ₹413.45
- Total Income: ₹6,226.38
- Total Expenses: ₹6,347.39
- Loss Before Tax: ₹(121.00)
- Tax Expense: ₹25.88 (Deferred Tax)
- Loss After Tax: ₹(146.89)
- Basic & Diluted EPS: ₹(0.76) (annualized)
Segment-wise Performance (Year Ended March 31, 2026)
- Textile Division: Revenue ₹933.26 lakh, Segment Result ₹(55.32) lakh
- Plastic Division: Revenue ₹1,626.00 lakh, Segment Result ₹(25.57) lakh
- Trading Division: Revenue ₹2,541.94 lakh, Segment Result ₹287.78 lakh
- Technical Textile Division: Revenue ₹618.84 lakh, Segment Result ₹(444.53) lakh
- Unallocated: Revenue ₹92.90 lakh
Capital Structure Changes
- Paid-up equity share capital increased to ₹2,441.14 lakh as of March 31, 2026 (from ₹1,795.68 lakh as of March 31, 2025)
- The company made preferential issue of 52,54,700 equity shares and 79,72,600 convertible warrants @ ₹125/- including premium of ₹115/- per equity share
- Allotment was made on February 16, 2026, approved by shareholders at EGM held on November 20, 2025
Memorandum of Association Alteration
The Board approved expansion of business activities by adding two new sub-clauses to the Main Object Clause:
10. Naval and Defense Shipbuilding: Designing, manufacturing, building, assembling, commissioning, and delivering all types of naval vessels, warships, submarines, patrol boats, defense crafts, and auxiliary vessels for Navy, Coast Guard, and other defense authorities.
11. Aerospace Engineering: Designing, developing, engineering, manufacturing, fabricating, machining, assembling, integrating, testing, and dealing in aerospace engineering products, aviation products, metal products, precision-engineered components for aerospace, aviation, UAV, and industrial applications.
Fund Utilization
- Preferential issue raised ₹65.68 crore from equity and ₹99.65 crore from convertible warrants
- ₹45.28 crore utilized as of March 31, 2026
- No deviation in utilization of funds from stated objects
- Monitoring agency: Brickworks Ratings India Private Limited
Meeting Details
- Board meeting commenced at 3:00 pm and concluded at 5:10 pm on June 18, 2026
- EGM scheduled for July 22, 2026 to seek shareholder approval for MOA amendment
Auditor Information
- Auditor: Ambavat Jain & Associates LLP (ICAI Firm Registration No: 109681W)
- Partner: Ashish J Jain (Membership No. 111829)
- UDIN No: 26111829EKETJH2251
#Tags: #CandourTechtex #FY2026Results #MOAAmendment #SEBIDisclosure #RegulatoryCompliance #FinancialUpdate #Neutral