Key Quantitative Figures

Standalone Financial Results (INR in Lakhs)

Quarter Ended March 31, 2026:

  • Revenue from Operations: ₹26,734
  • Total Income: ₹27,576
  • Profit before Tax: ₹1,403
  • Net Profit: ₹2,865
  • EPS: ₹6.56

Year Ended March 31, 2026:

  • Revenue from Operations: ₹87,530
  • Total Income: ₹90,223
  • Profit before Tax: ₹2,867
  • Net Profit: ₹3,841
  • EPS: ₹7.88

Consolidated Financial Results (INR in Lakhs)

Quarter Ended March 31, 2026:

  • Revenue from Operations: ₹30,439
  • Profit before Tax: ₹1,700
  • Net Profit: ₹3,162
  • EPS: ₹7.24

Year Ended March 31, 2026:

  • Revenue from Operations: ₹98,143
  • Profit before Tax: ₹2,664
  • Net Profit: ₹12,078
  • EPS: ₹27.64

Dates of Action

  • Board Meeting Date: May 25, 2026 (commenced at 11:45 AM, concluded at 3:45 PM)
  • Financial Period: Quarter and Year ended March 31, 2026
  • Proposed Director Re-appointment effective: June 29, 2026
  • Auditor appointments effective: April 1, 2026

Parties Involved

  • Statutory Auditors: Singhi & Co. (Firm Registration No. 302049E)
  • Internal Auditor: M/s. Pawan Gupta & Co. (Firm Registration No. 318115E)
  • Cost Auditor: M/s. N. D. Birla & Co. (Registration Number 000028)
  • Preferential Allottee: R. V. Investment and Dealers Limited (Promoter Group Entity)

Purpose and Rationale

  • The board meeting was held to approve annual financial results and transact routine business matters including dividend recommendation, director reappointment, and auditor appointments.

Financial Impact Details

Dividend Decision

  • Recommended no dividend for the financial year 2025-26.

Director Reappointment

  • Re-appointment of Smt. Suhana Murshed (DIN: 08572394) as Independent Director for a second term of 5 years effective June 29, 2026, subject to shareholder approval.

Auditor Appointments

  • Re-appointed M/s. Pawan Gupta & Co. as Internal Auditor for FY 2026-27
  • Re-appointed M/s. N. D. Birla & Co. as Cost Auditor for FY 2026-27

Exceptional Items

  • FY2026: Impairment in value of investment in APAG Holding AG equity shares: ₹1,064 lakhs
  • FY2025: Impairment in Kanoria Africa Textile PLC: ₹2,025 lakhs; APAG Holding AG: ₹2,474 lakhs

Tax Impact

  • Deferred tax reversal of ₹2,143 lakhs due to adoption of new tax rate of 22% under Section 200 of Income Tax Act, 2025

Capital Structure Impact

  • Preferential allotment of 4,95,000 7% NCRPS at ₹1,000 each (total ₹4,950 lakhs) to R. V. Investment and Dealers Limited approved on April 18, 2026

Operational Highlights

Segment Performance (Consolidated, INR in Lakhs)

Year Ended March 31, 2026:

  • Chemicals Segment Revenue: ₹87,530; Segment Results: ₹5,876
  • Textile Segment Revenue: ₹10,609; Segment Results: ₹(14)

Discontinued Operations

  • APAG Holding AG ceased to be subsidiary effective July 31, 2025, resulting in gain of ₹9,766 lakhs on loss of control
  • Solar Power Division sold on slump sale basis on June 30, 2024

Audit Confirmation

  • Singhi & Co., Statutory Auditors, issued unmodified audit opinion on both standalone and consolidated financial results
  • Audit reports confirm compliance with Ind AS and SEBI Listing Regulations

Notes and Additional Information

  • Labour Code implementation impact: Recognized incremental liability of ₹20 lakhs under Ind AS 19
  • The company has one reportable segment (Chemicals manufacturing)
  • Figures for Q4 are balancing figures between audited full year and published unaudited year-to-date figures up to Q3

#Tags: #KanoriaChemicals #SEBIRegulation30 #FinancialResults #NoDividend #BoardMeeting