Company Overview

Industrial And Prudential Investment Company Limited (BSE: 501298), an RBI-registered NBFC, filed comprehensive disclosures including its 110th AGM notice and FY26 financial results pursuant to SEBI Listing Regulations.

AGM and Corporate Governance

  • 110th AGM convened on August 20, 2026 via video conference to approve FY26 standalone and consolidated financial statements
  • Special Resolution recommended for continuation of Chairman MD Gaurav Swarup beyond age 70 (attaining 70 on November 21, 2026) until his current term completion on January 31, 2027
  • Record Date set for August 12, 2026 for dividend entitlement and e-voting, with e-voting period from August 17-19, 2026
  • Board Composition includes Gaurav Swarup (Chairman MD), Probir Roy, Devina Swarup, Ajay Gaggar, Varun Swarup, and Vishnu Kumar Tulsyan

Financial Performance

Standalone Results (₹ in lakhs)

  • PAT increased 5% to ₹2,043.72 lakhs (₹20.44 crore) from ₹1,948.62 lakhs in FY25
  • Revenue from Operations & Other Income reached ₹2,158.19 lakhs, up from ₹2,043.72 lakhs
  • Dividend Income grew 10% to ₹2,056 lakhs
  • EPS stood at ₹121.95 compared to ₹116.28 in previous year

Consolidated Results (₹ in lakhs)

  • PAT reached ₹6,373.00 lakhs (₹63.73 crore) with basic EPS of ₹380.29
  • Share of Profit from Associate (KSB Limited) contributed significantly at ₹5,829.28 lakhs
  • Dividend Income recorded at ₹556.05 lakhs primarily from financial instruments

Dividend Declaration

  • Final Dividend of ₹120 per equity share (1,200% of face value) recommended, increased from ₹110 per share in FY25
  • Total Payout of ₹2,011.01 lakhs proposed for FY26 versus ₹1,843.42 lakhs paid in FY25
  • Payment Date on or after August 21, 2026 through electronic mode as per SEBI directives

Investment Portfolio and Financial Position

  • Total Financial Assets of ₹878.29 lakhs including:
  • Financial Assets at FVOCI: ₹48,687.64 lakhs in equity instruments (Infosys, HDFC Bank, Reliance, TCS)
  • Investment in Associate: KSB Limited holding of 21.55% (3.75 crore shares) with fair value of ₹298,818.75 lakhs
  • Mutual Funds (FVTPL): ₹498.00 lakhs in HDFC Money Market Fund
  • Market Risk Exposure: 2% movement in NSE/BSE indices would impact equity by approximately ₹972.31 lakhs

Shareholding and Corporate Details

  • Paid-up Capital: ₹167.58 lakhs with 16,75,840 equity shares of ₹10 each
  • Promoter Holding: 67.16% including Paharpur Cooling Towers Ltd (44.57%)
  • Demat Holding: 97.37% of total share capital
  • Unclaimed Dividend: ₹14.27 lakhs for FY 2017-18 transferred to IEPF during the year

Regulatory Compliance and Disclosures

  • SEBI Compliance: Full compliance with listing regulations and Companies Act provisions
  • Secretarial Audit: Clean report except minor delay in transferring some unclaimed shares to IEPF
  • CSR Expenditure: ₹28,000 donated to Responsible Charity Society against obligation of ₹11,414
  • Related Party Transactions: Dividend received from KSB Limited totaled ₹1,500 lakhs; dividend paid to Paharpur Cooling Towers Limited was ₹821.59 lakhs

Risk Management and Governance

  • Risk Framework: Adequate market, credit, and liquidity risk management processes in place
  • Internal Controls: Effective internal financial controls confirmed by auditors
  • No Material Orders: No significant regulatory or court orders impacting the company
  • Green Initiative: Electronic communication of notices and annual reports to shareholders