Financial Performance Highlights

Standalone Performance:

  • Revenue from operations: ₹4,378.203 lakhs (49.76% growth YoY from ₹2,923.4 lakhs)
  • Net profit after tax: ₹674.029 lakhs (down from ₹774.57 lakhs previous year)
  • Basic and diluted EPS: ₹89.05 (Previous year: ₹102.33)
  • Total assets: ₹1,526.64 crore

Consolidated Performance:

  • Revenue from operations: ₹4,397.039 lakhs
  • Net profit after tax: ₹658.433 lakhs
  • Basic and diluted EPS: ₹86.99

AGM Details and Resolutions

Meeting Details:

  • Date: September 15, 2026 at 02:00 PM IST via Video Conferencing/OAVM
  • Deemed venue: Registered Office in Ahmedabad

Ordinary Business:

  • Adoption of audited standalone and consolidated financial statements for FY26
  • Declaration of final dividend of ₹5.00 per equity share
  • Reappointment of Shri Rahoul Rajivkumar Shah who retires by rotation

Special Business:

  • Reappointment of Shri Falgunbhai C. Patel as Chairman and Managing Director for 5 years from April 1, 2027 with maximum remuneration of ₹7 crore per annum
  • Continuation of Smt. Pannaben F. Patel as Non-executive Director notwithstanding attaining age 75
  • Creation of mortgage/charge on company properties for borrowings up to ₹1,500 crore
  • Increase in limits for loans, investments, guarantees under Section 186 to ₹2,000 crore

Financial Position and Investments

Property, Plant and Equipment:

  • Net block: ₹568.31 crore comprising Land (₹125.28 crore), Buildings (₹177.56 crore), Plant & Machinery (₹209.86 crore)
  • Additions during year: ₹63.85 crore

Investments:

  • Total investments: ₹1,001.73 crore
  • Non-current investments: ₹412.16 crore
  • Current investments: ₹589.57 crore
  • Quoted investments: ₹438.78 crore with equivalent market value
  • Unquoted investments: ₹562.95 crore

Dividend and Shareholding

  • Final dividend recommended: ₹5.00 per equity share for FY25-26 (50% dividend)
  • Record date: August 14, 2026
  • Payment date: On or before October 12, 2026
  • Promoter shareholding: Satyesh Prochem LLP (41.83%), Parthiv Falgunbhai Patel (13.15%), Scabious Enterprise LLP (5.56%)

Auditor Reports and Compliance

Auditor Opinions:

  • Manubhai & Shah LLP provided unmodified opinions on both standalone and consolidated financial statements
  • Key audit matters: Accuracy of advertisement revenue recognition and valuation of investments
  • Relied on report of other auditor for subsidiary Sandesh Digital Private Limited (total assets: ₹2.38 crore)

Compliance Disclosures:

  • No loans to specified persons
  • No transactions with struck off companies
  • Not declared as wilful defaulter
  • Compliance with number of layers of companies
  • Contingent liabilities: ₹1,641.67 lakhs for legal cases including one case with ₹1,500 lakhs compensation under appeal

Voting Process and Corporate Governance

  • Remote e-voting period: September 12-14, 2026 via NSDL platform
  • E-voting during AGM available on September 15, 2026
  • Scrutinizer: M/s. Sparsh Gupta & Co. to submit report within 2 working days
  • Board approved amalgamation of Sandesh Digital Private Limited with company, subject to approvals
  • CSR expenditure: ₹191.58 lakhs against requirement of ₹175.94 lakhs

Signatories and Approval

Company Signatories:

  • Falgunbhai C. Patel, Chairman & Managing Director
  • Pannaben F. Patel, Director
  • Sanjay Kumar Tandon, Chief Financial Officer
  • Hardik Joshi, Company Secretary

Auditor Signatory:

  • K.C. Patel, Partner, Manubhai & Shah LLP

Financial statements were approved by the Board of Directors on May 29, 2026.