AGM Details

  • Date: 01st September 2026, Tuesday
  • Time: 01:00 PM
  • Mode: Video Conferencing (VC)/Other Audio Visual Means (OAVM)
  • Cut-off date for e-voting: 25th August 2026
  • E-voting period: 29th August 2026 (09:00 AM) to 31st August 2026 (05:00 PM)

Business to be Transacted

Ordinary Business

1. Adoption of audited financial statements for FY ended 31st March 2026, including Balance Sheet, Statement of Profit and Loss, Cash Flow Statement, Directors Report, and Auditors Reports

2. Re-appointment of Mr. Vimal Kumar Daga (DIN: 07953851) as Whole-time Director who retires by rotation

Special Business

3. Approval for material related party transactions with M/s Daga Brothers for aggregate value up to ₹50.00 Crore during FY 2026-27, covering:

  • Sale/purchase/supply of goods/materials
  • Buying/selling/disposing of property
  • Leasing of property
  • Availing/rendering services
  • Appointment as agent
  • Appointment to office/place of profit
  • Underwriting securities

Financial Performance Highlights (Amounts in ₹ Lakhs)

Income Statement

  • Revenue from Operations: 17,677.68 (FY25: 14,586.34) - 21.19% growth
  • Cost of Goods Sold: 15,692.37 (FY25: 13,113.44)
  • Finance Cost: 144.77 (FY25: 85.91)
  • Profit Before Tax: 771.04 (FY25: 674.84)
  • Tax Expense: 194.06 (FY25: 171.81)
  • Profit After Tax: 576.98 (FY25: 503.03) - 14.70% growth
  • Basic EPS (₹): 4.01 (FY25: 3.57)

Balance Sheet

  • Cash & Cash Equivalents: 760.94 (FY25: 25.84)
  • Trade Receivables: 1,045.54 (FY25: 913.03)
  • Inventories: 2,089.53 (FY25: 1,111.33)
  • Total Current Assets: 4,118.03 (FY25: 2,247.59)
  • Net Fixed Assets: 1,065.12 (FY25: 1,039.69)
  • Total Assets: 5,234.96 (FY25: 3,344.14)
  • Current Liabilities: 708.42 (FY25: 1,750.63)
  • Total Liabilities: 877.64 (FY25: 1,968.29)
  • Shareholders' Equity: 4,357.32 (FY25: 1,375.85)
  • Net Worth: 4,357.32 (FY25: 1,375.85)

Cash Flow

  • Net Cash from Operating Activities: 1,466.45 (FY25: -303.43)
  • Net Cash from Investing Activities: -68.44 (FY25: -50.30)
  • Net Cash from Financing Activities: -662.90 (FY25: 373.04)
  • Net Increase in Cash: 735.11 (FY25: 19.31)

Margin Analysis

  • EBITDA Margin: 5.47% (approx. ₹967.25 lakhs)
  • PBT Margin: 4.36%
  • PAT Margin: 3.26%

Capital Structure Changes

  • Authorized Capital: ₹10,00,00,000 (20,000,000 equity shares of ₹5 each)
  • Paid-up Capital: ₹9,71,25,000 (19,425,000 equity shares of ₹5 each)
  • IPO Details: Company allotted 53,25,000 equity shares at ₹47 per share (including premium of ₹42 per share) aggregating ₹2,502.75 lakhs on 10th March 2026
  • Listing: Equity shares listed on BSE SME Platform on 12th March 2026 (ISIN: INE1FEW01013)

Director Information for Re-appointment

  • Mr. Vimal Kumar Daga (DIN: 07953851), Whole-time Director, Promoter
  • Date of Birth: 28/08/1973 (Age 52 years)
  • First Appointment: 17/08/2019
  • Qualification: Higher Secondary
  • Expertise: 31 years experience in trading and processing agricultural commodities
  • Shareholding: 13.54% (Promoter) plus 19.56% through HUF
  • Remuneration (FY26): ₹18,00,000
  • Board Meetings Attended: 15 out of 15
  • Other Directorships: Shrinika Capital Finance Private Limited, Clean Dream World Private Limited

Related Party Transactions

FY 2025-26 Transactions

  • With Daga Brothers: Purchase of goods ₹1,937.28 lakhs
  • With Shreeshyam Agro Proteins: Purchase ₹8.20 lakhs, Sale ₹0.63 lakhs
  • With Directors/Relatives: Sales totaling ₹0.58 lakhs

Proposed FY 2026-27 Transactions

  • Seeking shareholder approval for transactions with Daga Brothers up to ₹50.00 Crore
  • Transactions are in ordinary course of business at arm's length basis
  • Audit Committee and Board have approved the proposed transactions

Corporate Governance

  • Board Composition: 5 Directors (2 Executive, 3 Non-Executive including 2 Independent)
  • Board Meetings: 15 meetings held during FY25-26
  • Key Managerial Personnel:
  • Mr. Deepak Pal Daga (Managing Director)
  • Mr. Vimal Kumar Daga (Whole-time Director)
  • Mr. Ratan Lal Bareth (CFO)
  • Ms. Khushbu Sethi (Company Secretary)
  • Committee Composition:
  • Audit Committee: Mr. Anil Kumar Kabra (Chairman), Mr. Ayush Daga, Mrs. Chitra Naraniwal
  • CSR Committee: Mrs. Chitra Naraniwal (Chairperson), Mr. Deepak Pal Daga, Mr. Vimal Kumar Daga
  • CSR Expenditure: ₹9.61 lakhs spent on education and community development through Ghoomar Kala Evam Shiksha Seva Sansthan

Other Material Information

  • Dividend: No dividend recommended for FY26
  • Registrar & Share Transfer Agent: Cameo Corporate Services Limited
  • Employee Strength: 23 permanent employees as on 31st March 2026
  • Internal Financial Controls: Adequate controls in place, operating effectively
  • **No material orders passed by regulators/courts affecting going concern status
  • **No frauds reported by auditors under Section 143(12) of Companies Act, 2013

Voting Results

Results to be announced after conclusion of AGM and submitted to stock exchanges within 2 days as per Regulation 44(3) of SEBI Listing Regulations.

#Tags: #ElfinAgroIndia #AGM2026 #FY26Results #SEBIDisclosure #BSE_SME #RegulatoryCompliance #FinancialResults #Neutral