Key Board Decisions

The Board of Directors transacted the following matters:

1. Financial Results Approval: Reviewed and approved the Audited financial results (both Standalone and Consolidated) for the quarter and year ended March 31, 2026. Took note of the Audit Reports issued by Statutory Auditors with unmodified opinions, pursuant to Regulation 30(6) and 33 of SEBI Listing Regulations.

2. Annual Accounts Approval: Reviewed and approved the Audited Annual Accounts (both Standalone and Consolidated) for the financial year ended March 31, 2026.

3. Dividend Recommendation: Recommended a final dividend at the rate of 150% (₹3.00 per share) on the paid-up value of ₹2 per share, subject to shareholders' approval at the ensuing Annual General Meeting.

4. Record Date: Fixed July 28, 2026 as the record date for determining entitlement of members to final dividend for FY ended March 31, 2026, pursuant to Regulation 42 of SEBI Listing Regulations.

5. Director Reappointments:

  • Reappointed Mr. Vinod Kumar Gupta (DIN: 000877949) as Managing Director & KMP effective September 1, 2026 for 5 years
  • Reappointed Mr. Binay Kumar Gupta (DIN: 01982889) as Jt. Managing Director effective September 1, 2026 for 5 years
  • Reappointed Mr. Bajrang Kumar Gupta (DIN: 01783906) as Whole-time Director effective September 1, 2026 for 5 years
  • Reappointed Mr. Krishan Kumar Gupta (DIN: 01982914) as Whole-time Director effective September 1, 2026 for 5 years

All reappointments are subject to shareholder approval at the AGM and based on verification by Nomination & Remuneration Committee. All directors are not debarred from holding office.

6. AGM Matters: Approved Directors' Report and Notice for the 33rd Annual General Meeting scheduled to be held on August 4, 2026.

Financial Results Highlights

Standalone Financials (₹ in Lakhs):

  • Revenue from operations: FY26 ₹184,479.95 vs FY25 ₹168,758.64
  • Total Income: FY26 ₹184,995.92 vs FY25 ₹169,293.48
  • Profit before tax: FY26 ₹14,098.19 vs FY25 ₹12,073.69
  • Profit for the period: FY26 ₹9,033.15 vs FY25 ₹9,113.57
  • EPS: FY26 ₹15.93 (Basic) vs FY25 ₹16.07

Consolidated Financials (₹ in Lakhs):

  • Revenue from operations: FY26 ₹188,096.11 vs FY25 ₹171,045.97
  • Total Income: FY26 ₹188,517.23 vs FY25 ₹171,580.81
  • Profit before tax: FY26 ₹14,219.06 vs FY25 ₹12,383.13
  • Profit for the period: FY26 ₹10,708.19 vs FY25 ₹9,222.03
  • EPS: FY26 ₹18.94 (Basic) vs FY25 ₹16.05

Audit Details

Statutory Auditors M/s Singhi & Co. issued unmodified opinions on both standalone and consolidated financial results. The company provided declaration that auditors have not expressed any modified opinion.

Other Material Information

  • Composite Scheme Update: The composite scheme of arrangement among Dollar Industries and 8 other companies received approval from BSE & NSE in March 2026 and NCLT Kolkata Bench pronounced first hearing motion order dated May 11, 2026.
  • Labour Codes: Assessed impact of new Labour Codes effective November 21, 2025 and noted no significant impact on financial results.
  • Segment Information: Company operates in single business segment - "Garment & Hosiery and related service".
  • Exceptional Item: FY25 included ₹318.86 lakhs reversal of impairment on investment in Joint Venture.

Meeting Details

The board meeting commenced at 3:00 PM IST and concluded at 7:15 PM IST on May 23, 2026.