Key Decisions and Approvals

The Board of Directors at their meeting held on May 25, 2026, approved the following:

  • Audited Annual Accounts and the Standalone/Consolidated Financial Results of the Company for the quarter and year ended March 31, 2026.
  • Recommendation of a dividend of 20% (Rs. 2.00 per equity share of face value Rs. 10/- each) for the financial year 2025-26, subject to the approval of shareholders at the ensuing 29th Annual General Meeting (AGM).
  • Appointment of M/s. Mani & Co., Cost Accountants, as the Cost Auditors of the Company for the financial year 2026-27.
  • The 29th Annual General Meeting (AGM) of the Company will be convened through Video Conference / Other Audio Visual Means on Wednesday, August 19, 2026.

The meeting commenced at 12:10 hours and concluded at 13:10 hours.

Financial Results Overview (Standalone)

For the Quarter Ended March 31, 2026 (Audited)
  • Revenue from Operations: Rs. 1,991.01 lakhs
  • Other Income: Rs. 501.89 lakhs
  • Total Income: Rs. 2,492.90 lakhs
  • Total Expenses: Rs. 7,009.86 lakhs
  • Loss before exceptional items and tax: Rs. (4,516.96) lakhs
  • Exceptional Items (Profit on sale of specified assets of Balijan Tea Estate): Rs. 434.62 lakhs
  • Loss before tax: Rs. (4,082.34) lakhs
  • Total Tax Credit: Rs. (789.01) lakhs
  • Loss after tax: Rs. (3,293.33) lakhs
  • Other Comprehensive Loss (net of tax): Rs. (314.85) lakhs
  • Total Comprehensive Loss: Rs. (2,978.48) lakhs
  • Basic and diluted loss per share: Rs. (31.34)
For the Year Ended March 31, 2026 (Audited)
  • Revenue from Operations: Rs. 32,624.34 lakhs
  • Other Income: Rs. 1,043.16 lakhs
  • Total Income: Rs. 33,667.50 lakhs
  • Total Expenses: Rs. 34,066.05 lakhs
  • Loss before exceptional items and tax: Rs. (398.55) lakhs
  • Exceptional Items: Rs. 639.42 lakhs (Profit on sale of specified assets of Balijan Tea Estate: Rs. 434.62 lakhs and Deohall Tea Estate: Rs. 204.80 lakhs)
  • Profit before tax: Rs. 240.87 lakhs
  • Total Tax Credit: Rs. (349.14) lakhs
  • Profit after tax: Rs. 590.01 lakhs
  • Other Comprehensive Income (net of tax): Rs. 313.33 lakhs
  • Total Comprehensive Income: Rs. 903.34 lakhs
  • Basic and diluted earnings per share: Rs. 5.62

Financial Results Overview (Consolidated)

For the Quarter Ended March 31, 2026 (Audited)
  • Revenue from Operations: Rs. 4,397.48 lakhs
  • Other Income: Rs. 3,560.42 lakhs (Includes hyperinflationary adjustment gain of Rs. 2,317.19 lakhs)
  • Total Income: Rs. 7,957.90 lakhs
  • Total Expenses: Rs. 11,323.77 lakhs
  • Loss before exceptional items and tax: Rs. (3,365.87) lakhs
  • Exceptional Items (Profit on sale of specified assets of Balijan Tea Estate): Rs. 434.62 lakhs
  • Loss before tax: Rs. (2,931.25) lakhs
  • Total Tax Expense: Rs. 158.68 lakhs
  • Loss after tax: Rs. (3,089.93) lakhs
  • Other Comprehensive Loss (net of tax): Rs. (24.53) lakhs
  • Total Comprehensive Loss: Rs. (3,114.46) lakhs
  • Basic and diluted loss per share: Rs. (29.41)
For the Year Ended March 31, 2026 (Audited)
  • Revenue from Operations: Rs. 47,116.00 lakhs
  • Other Income: Rs. 4,032.39 lakhs (Includes hyperinflationary adjustment gain)
  • Total Income: Rs. 51,148.39 lakhs
  • Total Expenses: Rs. 51,754.37 lakhs
  • Loss before exceptional items and tax: Rs. (605.98) lakhs
  • Exceptional Items: Rs. 639.42 lakhs (Profit on sale of specified assets of Balijan Tea Estate: Rs. 434.62 lakhs and Deohall Tea Estate: Rs. 204.80 lakhs)
  • Profit before tax: Rs. 33.44 lakhs
  • Total Tax Expense: Rs. 283.85 lakhs
  • Loss after tax: Rs. (250.41) lakhs
  • Other Comprehensive Income (net of tax): Rs. 144.73 lakhs
  • Total Comprehensive Income: Rs. (105.68) lakhs
  • Basic and diluted loss per share: Rs. (2.38)

Balance Sheet Highlights (Standalone as of March 31, 2026)

  • Total Assets: Rs. 69,159.11 lakhs
  • Property, Plant and Equipment: Rs. 46,579.65 lakhs
  • Inventories: Rs. 2,282.13 lakhs
  • Cash and Cash Equivalents: Rs. 241.59 lakhs
  • Equity Share Capital: Rs. 1,050.74 lakhs
  • Other Equity: Rs. 53,479.84 lakhs
  • Borrowings (Non-current + Current): Rs. 8,491.49 lakhs

Balance Sheet Highlights (Consolidated as of March 31, 2026)

  • Total Assets: Rs. 96,532.91 lakhs
  • Property, Plant and Equipment: Rs. 65,273.02 lakhs
  • Inventories: Rs. 5,273.02 lakhs
  • Cash and Cash Equivalents: Rs. 2,639.59 lakhs
  • Equity Share Capital: Rs. 1,050.74 lakhs
  • Other Equity: Rs. 51,897.96 lakhs
  • Borrowings (Non-current + Current): Rs. 24,895.14 lakhs

Subsidiary Information

The consolidated results include the following entities:

  • Dhunseri Tea & Industries Limited (Holding Company)
  • Dhunseri Petrochem & Tea Pte. Ltd. (Subsidiary)
  • Dhunseri Mauritius Pte Limited (Struck off w.e.f. December 9, 2025)
  • Kawalazi Estate Company Limited (Subsidiary)
  • Makandi Tea and Coffee Estates Limited (Subsidiary)
  • A M Hendersons and Sons Limited (Subsidiary)
  • Chiwale Estate Management Services Limited (Subsidiary)
  • Ntimabi Estate Limited (Subsidiary)

Key Notes to Financial Results

  • Note 4 (Standalone)/Note 5 (Consolidated): Cost of Materials consumed represents Green tea leaves purchased. Biological assets represent unplucked green tea leaves other than bearer plants.
  • Note 6: Exceptional items include profit on sale of specified assets of tea estates (Balijan: Rs. 434.62 lakhs in Q4/FY26; Deohall: Rs. 204.80 lakhs in Q2 FY26). Previous year included profit on sale of Jaipur Packet Factory (Rs. 1,574.00 lakhs) and Dini Tea Estate (Rs. 1,154.82 lakhs).
  • Note 7 (Standalone)/Note 9 (Consolidated): Impact of new Labour Codes effective November 21, 2025, amounting to Rs. 46 lakhs recognized as employee benefit expense in Q3 FY26 and FY26.
  • Note 8 (Consolidated): Application of Ind AS 29 for subsidiaries in Malawi (hyperinflationary economy) resulted in non-cash adjustments: increase in PPE by Rs. 3,468.28 lakhs, gain of Rs. 2,317.19 lakhs in Other Income, and deferred tax charge of Rs. 1,040.48 lakhs.
  • The figures for the last quarter (Q4) are balancing figures between the audited full-year and the published unaudited figures up to Q3.

Dividend Information

The Board has recommended a final dividend of 20% (Rs. 2.00 per equity share of face value Rs. 10/- each) for FY 2025-26. The dividend payout, if approved by shareholders at the AGM, will amount to Rs. 210.148 lakhs (based on paid-up capital of Rs. 1,050.74 lakhs).