Key Decisions and Approvals
The Board of Directors considered and approved the following items:
1. Audited Financial Results: Approved audited Standalone and Consolidated Financial Results for the quarter and year ended March 31, 2026, along with Statement of Assets and Liabilities and Cash Flow Statement. Audit Reports with Unmodified opinion were received from Statutory Auditor M/s. S K Agrawal & Co. Chartered Accountants LLP (Firm Registration No. 306033E/E300272).
2. Dividend Declaration: Recommended a final dividend of ₹0.20 per equity share (10% of face value of ₹2 each) for financial year 2025-26. Dividend payment is subject to shareholder approval at the AGM and will be paid within stipulated time.
3. AGM Intimation: The 106th Annual General Meeting will be held on Tuesday, September 22, 2026 at 3:00 PM through Video Conferencing/Audio-Visual Means.
4. Internal Auditor Appointment: Based on Audit Committee recommendation, appointed M/s. RK DS & Associates, Chartered Accountants (Firm Registration Number: 0309091E) as Internal Auditor for Financial Year 2026-27.
Financial Results Highlights (Standalone)
- Revenue from Operations: ₹6,898.39 lakhs for FY2026 (₹22,918.46 lakhs for previous year)
- Total Expenditure: ₹6,744.86 lakhs for FY2026 (₹22,372.50 lakhs for previous year)
- Profit Before Tax: ₹153.53 lakhs for FY2026 (₹545.96 lakhs for previous year)
- Net Profit After Tax: ₹59.66 lakhs for FY2026 (₹355.31 lakhs for previous year)
- Total Comprehensive Income: ₹97.52 lakhs for FY2026
- Basic & Diluted EPS: ₹0.09 for FY2026 (₹0.56 for previous year)
- Paid-up Equity Share Capital: ₹1,279.75 lakhs (Face Value ₹2 per share)
- Reserves: ₹34,876.83 lakhs
Financial Results Highlights (Consolidated)
- Revenue from Operations: ₹6,898.39 lakhs for FY2026
- Share of Profit/(Loss) of Joint Venture: ₹(47.18) lakhs for FY2026
- Profit Before Tax: ₹106.35 lakhs for FY2026 (₹646.83 lakhs for previous year)
- Net Profit After Tax: ₹12.48 lakhs for FY2026 (₹456.18 lakhs for previous year)
- Total Comprehensive Income: ₹34.74 lakhs for FY2026
- Basic & Diluted EPS: ₹0.02 for FY2026 (₹0.71 for previous year)
- Reserves: ₹35,049.78 lakhs
Joint Venture Information
Consolidated results include:
- The Indian Wood Products Company Limited
- Consolidated accounts of Agro & Spice Trading PTE. Ltd along with its subsidiaries
Company's share in Joint Venture for year ended March 31, 2026:
- Share of net profit: ₹100.87 lakhs
- Share of other comprehensive loss: ₹15.60 lakhs
- Share of total comprehensive income: ₹85.27 lakhs
Additional Information
- Register Closure: For dividend purpose, Register of Members and Share Transfer Books shall remain closed from Wednesday, September 16, 2026 to Tuesday, September 22, 2026 (both days inclusive)
- Labour Code Impact: Provision of ₹13.63 lakhs recorded for gratuity and long-term compensated absences due to change in "wages" definition under new Labour Codes
- Meeting Duration: Board meeting commenced at 4:00 PM and concluded at 5:50 PM
- Results Availability: Financial results available on company website www.iwpkatha.com