Financial Performance
M.K. Exim India Limited reported strong financial results for FY26 with net profit increasing 11% to ₹20.02 crore (₹2,002.13 lakh) from ₹17.99 crore in FY25. Revenue from operations grew 5% to ₹97.33 crore (₹9,733.32 lakh), driven primarily by domestic cosmetics and hair care sales which reached ₹84.22 crore. Total income stood at ₹100.22 crore with profit before tax of ₹26.99 crore. The company maintained a strong equity base of ₹117.47 crore and transferred ₹16 crore to general reserve to strengthen its financial position.
Annual General Meeting Details
The 34th Annual General Meeting will be held virtually on September 25, 2026, with key agenda items including adoption of audited financial statements, declaration of a 6% dividend (₹0.60 per share), and reappointment of directors. The record date is set for September 18, 2026, with e-voting available from September 22-24, 2026. The company seeks shareholder approval for material related party transactions totaling ₹250 crore with four entities: Manish Overseas (₹100 crore), Laaj International (₹50 crore), Lewanna (₹50 crore), and Kolba Farm Fab Pvt Ltd (₹50 crore).
Corporate Governance & Management
The Board consists of 6 directors (3 executive, 3 non-executive independent) with key management personnel including Mr. Murli Wadhumal Dialani (Chairman & Whole-time Director), Mr. Manish Murlidhar Dialani (Managing Director), and Mrs. Lajwanti Murlidhar Dialani (Whole-time Director). Special resolutions include continuation of Mr. Murli Dialani as Whole-time Director post age 70 and reappointment of Mr. Gaurav L Patodia as Independent Director.
Auditor's Report & Compliance
Auditors Ummed Jain & Co. issued an unqualified opinion confirming the financial statements present a true and fair view, adequate internal financial controls are in place, and no material uncertainty exists regarding the company's ability to meet liabilities. The company has complied with all statutory provisions, maintained proper corporate governance standards, and reported no fraud or material changes affecting financial position.
Financial Position & Ratios
The company maintained a strong balance sheet with total assets of ₹124.05 crore, current ratio of 22.06, and debt-equity ratio of 0.015. Key financial ratios showed improvement with net profit ratio increasing to 20.57% from 19.40% in FY25, though inventory turnover ratio decreased to 3.02 from 7.01. Cash flow from operations turned positive at ₹7.24 crore compared to negative ₹1.57 crore in the previous year.
Segment Performance & Operations
The company operates in two main segments: Finish Fabrics, Garments & Plastic Material (revenue ₹14.52 crore, profit ₹2.30 crore) and Cosmetics & Hair Care (revenue ₹84.22 crore, profit ₹23.21 crore). The cosmetics segment demonstrated strong growth while fabric exports declined slightly to ₹13.11 crore from ₹13.84 crore in FY25.