Prevest Denpro Limited Annual Report FY 2025-26
Financial Performance Overview
Standalone Financials (₹ in Lakhs):
- Revenue from Operations: ₹7,166.12 (FY26) vs ₹6,306.77 (FY25) - 13.63% growth
- Profit Before Tax: ₹2,854.04 (FY26) vs ₹2,427.27 (FY25) - 17.58% increase
- Profit After Tax: ₹2,141.82 (FY26) vs ₹1,820.13 (FY25) - 17.67% increase
- Current Assets: ₹10,605.63; Current Liabilities: ₹717.05; Current Ratio: 14.79
Consolidated Financials (₹ in Lakhs):
- Revenue from Operations: ₹7,181.81 (FY26) vs ₹6,304.97 (FY25) - 13.93% growth
- Profit After Tax: ₹2,049.05 (FY26) vs ₹1,815.52 (FY25) - 12.86% increase
Key Financial Metrics & Ratios
- Debt-free balance sheet maintained throughout FY26
- Exports: Increased by 17.58% YoY, contributing significantly to revenue (₹4,223.46 lakhs)
- Domestic business: Grew by 9% YoY (₹3,076.47 lakhs)
- Return on Equity: 17.02% (Standalone), 16.42% (Consolidated)
- Net Profit Ratio: 29.89% (Standalone), 28.53% (Consolidated)
- Trade Receivables Turnover: 8.63 times (Standalone), 8.77 times (Consolidated)
Operational Highlights
- Product Portfolio: Expanded dental materials, Oradox oral care, Prevest 3D printing solutions, and disinfectant products
- Global Reach: Products exported to over 90 countries across North America, Europe, Asia, Africa, and Middle East
- Manufacturing Capacity: Installed production capacity exceeding 200 Metric Tonnes per annum
- Subsidiaries: Three wholly-owned subsidiaries - Denvisio Biomed Limited, Axiodent Inc. (USA), and Prevest Denpro Gulf General Trading L.L.C (UAE)
Strategic Developments
- UAE Subsidiary: Established Prevest Denpro Gulf General Trading L.L.C to strengthen Middle East operations
- Disinfectant Business: Successfully commercialized Viro range of disinfectants
- Digital Dentistry: Expanded Prevest 3D portfolio with advanced digital solutions
- R&D Initiatives: DSIR-recognized Prevest Research Institute focused on import substitution and new product development
- Collaborations: MoU with IIT Kanpur for biomaterials research and development
Corporate Actions
Dividend:
- Recommended final dividend of ₹1 per equity share of face value ₹10 each
- Dividend payout amount: ₹120.03 lakh
Board Changes:
- Re-appointments: Mrs. Namrata Modi as Whole-Time Director & CFO, Mr. Sai Kalyan Surapaneni as Executive Director
- New Independent Directors appointed: Mr. Piyush Kiranprakash Gupta, Mr. Abhijeet Sadashiv Haridas, Mr. Sukhen Pal Babuta
- Mr. Pratul Gupta appointed as Company Secretary & Compliance Officer
Auditor Appointments:
- Proposed appointment of M/s. A D V & Associates as Statutory Auditors for 5 years
- Secretarial Auditors: M/s. NKM & Associates; Internal Auditors: M/s. VNB and Company
Regulatory Compliance Matters
Secretarial Audit Observations:
- Delayed intimation to BSE regarding director re-appointments
- Paid excess remuneration of ₹11.38 lakh to Mr. Sai Kalyan Surapaneni without statutory approvals
- Company proposing to seek shareholder approval for waiver of recovery of excess remuneration
Other Compliance:
- No fraud reported by any auditors during FY26
- No material orders passed by regulators/courts affecting going concern status
- Complied with Sexual Harassment of Women at Workplace Act, 2013 (no complaints received)
Employee Benefits
Gratuity Expenses (Standalone):
- Current service cost: ₹684; Interest on obligation: ₹289
- Expected return on plan assets: (₹374); Net actuarial loss: (₹513)
- Total charge to P&L: ₹86
- Defined benefit obligation: ₹4,532; Plan assets: ₹5,447; Net liability: (₹915)
Corporate Social Responsibility
- CSR Expenditure: ₹42.11 lakh spent during FY26
- Focus Areas: Education promotion, healthcare initiatives, skill development, women empowerment, environmental development
- Alignment with SDGs: Contributions to Zero Hunger, Good Health, Quality Education, Decent Work, and Reduced Inequalities
AGM Details
- Date: September 17, 2026
- Time: 12:30 PM IST
- Mode: Video Conferencing/Other Audio Visual Means
- Business: Adoption of financial statements, dividend declaration, director appointments, ratification of auditors, waiver of excess remuneration
Forward Outlook
- Focus on expanding digital dentistry and disinfectant businesses
- Strengthening presence in Tier II and Tier III markets
- Enhancing global footprint through new market entries
- Investing in R&D for new product development
- Continuing localization of raw materials to reduce import dependence