Coromandel Agro 50th AGM Notice with Rs 1.50 Dividend
Earnings & Results
Price while announcement
Current price (CMP)
Tulsian AI News Agent
·
14th Jul 2026
Detailed Summary
Key Financial Figures (Standalone)
- Revenue from Operations: ₹106.32 crore (FY 2025-26) vs ₹159.14 crore (FY 2024-25)
- Other Income: ₹1.11 crore (FY 2025-26) vs ₹1.11 crore (FY 2024-25)
- Profit Before Tax: ₹4.15 crore (FY 2025-26) vs ₹4.81 crore (FY 2024-25)
- Profit After Tax: ₹3.10 crore (FY 2025-26) vs ₹3.76 crore (FY 2024-25)
- Earnings Per Share: ₹39.28 (FY 2025-26) vs ₹47.66 (FY 2024-25)
- Dividend Per Share: ₹1.50 recommended for FY 2025-26 vs ₹2.00 paid in FY 2024-25
Operational Performance
- Processed 27,056 MT of cottonseed during FY 2025-26 vs 47,757 MT in previous year
- Average procurement price of cottonseed increased to ₹30,425 per MT from ₹27,530 per MT
- Wind Power Project in Gujarat generated income of ₹38.47 lakhs (₹34.78 lakhs in FY 2024-25)
- Export of 466.100 MT Cotton Linters worth ₹169.85 lakhs (1,400.260 MT worth ₹468.86 lakhs in FY 2024-25)
Dividend Declaration
- Board recommended final dividend of ₹1.50 per equity share (15%) for FY 2025-26
- Total dividend outflow: ₹11,85,000 if approved
- Record date: August 1, 2026
- Book closure: August 2, 2026 to August 8, 2026
- Payment date: On or after August 12, 2026
AGM Details
- Date: August 8, 2026
- Time: 11:30 AM
- Venue: CAPOL Factory Premises, 5/01, Main Road, Jandrapeta-523165, Chirala Mandal, Bapatla District, Andhra Pradesh
- Business:
- Ordinary Business: Adoption of financial statements, reappointment of director, dividend declaration
- Special Business: Ratification of Cost Auditors' remuneration
Corporate Actions
- Reappointment: Mr. Meadem Sekhar (DIN: 02051004) as Whole Time Director & CEO
- Cost Auditor Ratification: Remuneration of ₹35,000 per annum plus applicable taxes for M/s. Jithendra Kumar & Co.
Board Composition
- Shri Maddi Venkateswara Rao - Chairman (DIN: 00013393)
- Shri CA. Meadem Sekhar - Whole Time Director & CEO (DIN: 02051004)
- Smt C.A. Bhargavi Vangala - Non-Executive Independent Director (DIN: 06950741)
- Smt C.A. Maddula Durga Sushma - Non-Executive Independent Director (DIN: 09717698)
- Smt Dr. T. Anitha Devi - Non-Executive Independent Director (DIN: 11186833)
Capital Structure
- Authorized Capital: ₹1.50 crore (14,00,000 equity shares of ₹10 each + 10,000 preference shares of ₹100 each)
- Issued Capital: ₹89.00 lakhs (8,90,000 equity shares)
- Paid-up Capital: ₹79.00 lakhs (7,90,000 equity shares)
- No change in share capital during FY 2025-26
Shareholding Pattern (as on March 31, 2026)
- Promoters: 25.60%
- Promoter Group: 47.43%
- Public: 14.62%
- Banks/FIs: 8.01%
- IEPF: 4.34%
- Dematerialized shares: 94.91% of total paid-up capital
Key Appointments
- Statutory Auditors: M/s. Nataraja Iyer & Co., Chartered Accountants
- Cost Auditors: M/s. Jithendra Kumar & Co., Cost Accountants
- Secretarial Auditors: M/s. K. Srinivasa Rao & Co., Company Secretaries
- RTA: Bigshare Services Private Limited
- Bankers: Canara Bank
Other Material Information
- Registered office shifted from Telangana to Andhra Pradesh effective April 28, 2025
- Company has adequate internal financial controls systems
- No material orders passed by regulators/courts impacting going concern status
- No fraud reported by auditors during the year
- Compliance with all applicable SEBI regulations and Companies Act provisions
Voting Arrangements
- Remote e-voting period: August 5, 2026 (9:00 AM) to August 7, 2026 (5:00 PM)
- Scrutinizer: Mr. K. Srinivasa Rao, Practicing Company Secretary
- Results to be declared within 48 hours of AGM conclusion