Board Meeting Details

The Board Meeting commenced at 05:30 PM (IST) and concluded at 07:00 PM (IST) on 22nd May 2026.

Key Decisions and Approvals

1. Financial Results Approval

The Board approved:

  • Audited Standalone Financial Results for quarter and year ended 31st March 2026 (prepared under Regulation 33 of SEBI LODR)
  • Audited Consolidated Financial Results for quarter and year ended 31st March 2026
  • Statutory Auditors M/s S Jaykishan issued unmodified opinion on both standalone and consolidated results
2. Dividend Recommendation
  • Recommended dividend of ₹120 per equity share (1200%) for FY2025-26
  • Face value of shares: ₹10 each
  • Subject to shareholder approval at ensuing Annual General Meeting (AGM)
  • Payment will be made as per applicable guidelines after AGM approval
3. Internal Auditor Appointment
  • Appointed Mrs. Sanjukta Majumdar, Chartered Accountant (Membership No. 056111) as Internal Auditor for financial year 2026-27
  • Brief profile: Professional Chartered Accountant engaged in providing services in areas of audit and internal audit
4. Continuation of Chairman & Managing Director
  • Approved continuation of Mr. Gaurav Swarup (DIN: 00374298) as Chairman & Managing Director beyond age of 70 years
  • Current tenure: 1st February 2022 to 31st January 2027
  • Will attain 70 years on 21st November 2026
  • Requires special resolution approval from shareholders as per Section 196(3)(a) of Companies Act, 2013 and Regulation 17(1D) of SEBI LODR
  • Brief profile: Mechanical Engineering graduate from Jadavpur University, MBA from Harvard Business School, associated with company since 1990, serves on boards of several other companies including Swadeshi Polytex Limited, Avadh Sugar & Energy Limited, KSB Limited, IFGL Refractories Limited, Paharpur Cooling Towers Limited, Medica Synergie Pvt Ltd, Garima Private Limited and Paharpur 3P Private Limited
  • Relationship disclosure: Ms. Devina Swarup (daughter) and Mr. Varun Swarup (nephew) are related directors
  • Not debarred from holding director office per SEBI orders

Financial Results Summary

Standalone Financial Results (Rupees in Lakhs)

Income Statement - Year Ended March 31, 2026:

  • Revenue from Operations: ₹21,58.19
  • Interest Income: ₹0.07
  • Dividend Income: ₹20,56.03
  • Net gain on fair value changes: ₹39.00
  • Others: ₹63.14
  • Other Income: ₹0.00
  • Total Income: ₹21,58.19
  • Other Expenses: ₹1,03.85
  • Profit before tax: ₹20,54.34
  • Tax Expense: ₹10.62
  • Current Tax: ₹5.65
  • Adjustment of tax relating to earlier period: ₹(0.40)
  • Deferred tax charge/(credit): ₹2.37
  • Net Profit after tax: ₹20,43.72
  • Other Comprehensive Income (net of tax): ₹1.99
  • Total Comprehensive Income: ₹22,42.88
  • Earnings per share (Basic & Diluted): ₹1,219.50

Balance Sheet as at March 31, 2026:

  • Total Assets: ₹507,31.00
  • Financial Assets: ₹501,67.32
  • Cash and cash equivalents: ₹22.19
  • Bank balances other than cash equivalents: ₹2,30.25
  • Other receivables: ₹0.00
  • Loans: ₹3,95.30
  • Investments: ₹502,78.04
  • Other financial assets: ₹0.01
  • Non-Financial Assets: ₹2,00.52
  • Current tax assets (Net): ₹1,90.36
  • Property, Plant and Equipment: ₹0.20
  • Other Non-Financial Assets: ₹9.96
  • Liabilities and Equity: ₹507,31.00
  • Financial Liabilities: ₹2,54.82
  • Trade Payables: ₹1.36
  • Other Financial Liabilities: ₹2,53.46
  • Non-Financial Liabilities: ₹27,83.81
  • Deferred tax liabilities (Net): ₹27,81.00
  • Other Non-Financial Liabilities: ₹2.81
  • Equity: ₹476,92.37
  • Paid-up Equity Share Capital: ₹1,67.58
  • Other Equity: ₹475,24.79
Consolidated Financial Results (Rupees in Lakhs)

Income Statement - Year Ended March 31, 2026:

  • Revenue from Operations: ₹6,58.19
  • Interest Income: ₹0.00
  • Dividend Income: ₹55,60.05
  • Net gain on fair value changes: ₹39.00
  • Others: ₹63.14
  • Other Income: ₹0.00
  • Total Income: ₹6,58.19
  • Other Expenses: ₹1,03.85
  • Profit before Share of Profit of Associate and Tax: ₹5,54.34
  • Share of Profit of Associate (KSB Limited): ₹58,29.28
  • Profit before tax: ₹63,83.62
  • Tax Expense: ₹10.62
  • Net Profit after tax: ₹63,73.00
  • Other Comprehensive Income (net of tax): ₹37.53
  • Total Comprehensive Income: ₹64,10.53
  • Earnings per share (Basic & Diluted): ₹3,802.90

Balance Sheet as at March 31, 2026:

  • Total Assets: ₹880,29.57
  • Financial Assets: ₹878,29.05
  • Cash and cash equivalents: ₹22.19
  • Bank balances other than cash equivalents: ₹2,30.25
  • Other receivables: ₹0.00
  • Loans: ₹0.00
  • Investments: ₹875,76.61
  • Other financial assets: ₹0.00
  • Non-Financial Assets: ₹2,00.52
  • Current tax assets (Net): ₹1,90.36
  • Property, Plant and Equipment: ₹0.20
  • Other Non-Financial Assets: ₹9.96
  • Liabilities and Equity: ₹880,29.57
  • Financial Liabilities: ₹2,54.82
  • Trade Payables: ₹1.36
  • Other Financial Liabilities: ₹2,53.46
  • Non-Financial Liabilities: ₹27,83.81
  • Deferred tax liabilities (Net): ₹27,81.00
  • Other Non-Financial Liabilities: ₹2.81
  • Equity: ₹849,90.94
  • Paid-up Equity Share Capital: ₹1,67.58
  • Other Equity: ₹848,23.36

Key Financial Notes

1. Profit on sale of equity shares for year ended March 31, 2026: ₹10,50.19 lakhs (previous year: ₹78,10.37 lakhs)

2. Company is registered Non-Banking Finance Company (NBFC) with one reportable business segment

3. Net gains on fair value changes include ₹29.80 lakhs as 'Net gain on sale of investments' for year ended March 31, 2026

4. Figures for last quarter are balancing figures between audited full year and published unaudited year-to-date figures up to third quarter

5. Previous periods' figures have been restated, regrouped and rearranged for comparability

Additional Information

This intimation is available on company website: www.industrialprudential.com