Linc Limited FY26 PAT at ₹36.61 Crores, Declares ₹1.50 Dividend

Operating income for FY26 stood at ₹532.07 crores, remaining broadly stable year-on-year.
Profit After Tax (PAT) was ₹36.61 crores with a PAT margin of 6.9%.
The performance was acknowledged as below the company's own expectations.
The Board recommended a dividend of ₹1.50 per share, representing a payout ratio of 24.4% (compared to 23% last year), subject to shareholder approval.
The company maintained a sound balance sheet with a net cash position of ₹6.86 crores as on 31st March 2026.

Operating income stood at ₹135.65 crores, representing year-on-year growth of 1%.
Net profit declined by 30.42% to ₹5.10 crores.
The profit decline was primarily attributed to sharp increases in polymer prices (principal raw material) due to supply constraints and higher crude oil prices.

Corporate Sales declined by 14% against a high base in the previous year.
Export revenue declined by 3%, partly reflecting the impact of geopolitical uncertainty on global trade.
General Trade grew by 8%.
E-commerce recorded robust growth of 32%, supported by sustained demand and increasing contribution from Linc On (e-commerce-focused subsidiary).

The company is commemorating 50 years of the Linc brand with comprehensive dealer and distributor engagement programs.
A major new manufacturing facility at Serakole, Kolkata is under development:
Spread across approximately 1.5 lakh square feet
Located near existing manufacturing site
Expected to become operational in Q3 FY27
Designed to improve operational efficiency, reduce logistical bottlenecks, and allow future scalability

Joint Venture with Mitsubishi Pencil Co. (Japan) (49:51): Operations commenced in October 2025. First product received encouraging response in domestic and export markets.
Joint Venture with Turkish Partner (50:50): Operations commenced successfully and remain stable with gradual transition towards automation. Order pipeline remains encouraging.
Kenya Subsidiary (60%): Sales momentum has begun to improve with positive trajectory expected to strengthen.
Subsidiary with Morris, Korea (50%): Progress linked to upcoming West Bengal manufacturing facility (expected operational by Q3 FY27). Business expected to gain traction post-commissioning.
Linc On Subsidiary (65%): Operations commenced during FY26, expected to build greater scale and relevance from FY27 onwards.

The company acknowledged that ramp-up in some initiatives has taken longer than initially anticipated.

The company continues to reduce environmental footprint through greater use of sustainable materials, reduced reliance on virgin plastic, eco-friendly packaging, improved energy efficiency, and transition towards renewable energy.
Operations focus on water conservation and responsible waste management through resource recovery and improved material efficiency.
Maintains inclusive workplace with diverse workforce including strong representation of women and specially-abled individuals.
Consistently invests 2% of average profits back into community initiatives in healthcare and education.
Commitment to sound corporate governance with focus on transparency, integrity, and ethical conduct.

Priorities include improving growth, protecting margins, strengthening execution, optimizing costs, and ensuring investments translate into tangible returns.
Elevated input prices remain a near-term concern, but expected to ease progressively.
Company will maintain disciplined approach to cost management during interim period.
Foundations being created are expected to enable Linc to become stronger, more agile, and more competitive organization.