Financial Performance (FY 2025-26)
M.K. Exim India reported strong financial results for FY26 with total revenue of ₹100.22 crore (up from ₹94.95 crore in FY25) and net profit of ₹20.02 crore, representing an 11.3% year-over-year increase. The company strengthened its balance sheet by transferring ₹16 crore to General Reserve and maintained a clean audit record with no reported fraud or loan defaults. Key financial metrics include:
- Revenue from Operations: ₹97.33 crore (PY: ₹92.69 crore)
- Profit Before Tax: ₹26.99 crore
- Earnings Per Share: ₹4.96 (PY: ₹4.46)
- Total Assets: ₹124.05 crore (PY: ₹100.71 crore)
- Inventory: ₹44.06 crore (more than doubled from ₹20.43 crore)
- Trade Receivables: ₹23.18 crore (up from ₹17.92 crore)
AGM and Corporate Governance
The 34th Annual General Meeting will be held on September 25, 2026 via video conferencing to approve financial statements and declare a 6% dividend (₹0.60 per share totaling ₹2.42 crore). The board recommends:
- Continuation of Mr. Murli Wadhumal Dialani as Whole-time Director after he turns 70 in November 2026
- Re-appointment of Mr. Gaurav L Patodia as Non-Executive Independent Director for a second 5-year term
Related Party Transactions
Shareholders will vote on four material related party transactions totaling ₹250 crore with entities connected to promoter directors:
1. Manish Overseas (₹100 crore) - FY26 transactions: ₹45.80 crore
2. Laaj International (₹50 crore) - FY26 transactions: ₹0.70 crore
3. Lewanna (₹50 crore) - No transactions in past three years
4. Kolba Farm Fab Pvt Ltd (₹50 crore, 48.98% associate) - FY26 transactions: ₹25.08 crore
Audit and Compliance
Auditors Ummed Jain & Co. issued an unmodified opinion, confirming adequate internal financial controls and compliance with the Companies Act, 2013. The company has not defaulted in loan repayments and maintains proper compliance with SEBI LODR Regulations. All related party transactions were conducted in compliance with Sections 177 and 188 of the Companies Act.
Capital Structure and Shareholding
The paid-up share capital remained unchanged at ₹40.37 crore (4,03,67,250 equity shares of ₹10 each). Promoters hold 43.37% while public shareholders hold 56.63%, with 99.16% of shares in dematerialized form.
Operational Highlights
The company operates in two segments: Domestic Sales - Cosmetics & Hair Care (₹84.22 crore revenue) and Export Sales - Fabrics (₹13.11 crore revenue). Significant increases in inventory and trade receivables reflect business expansion, while cash equivalents decreased to ₹1.53 crore from ₹4.11 crore.