Company Overview
Shree Balaji (Mala) Textiles Limited (formerly Shree Balaji (Mala) Textiles Private Limited), CIN: U17299WB2005PLC105711, is engaged in designing, manufacturing and wholesale business of variety of high-quality cotton sarees. Registered office: 65, Sir Hariram Goenka Street Ground Floor, Block-A, Bangur Arcade, Kolkata-700007.
Regulatory Submission
Date: September 8, 2026
Subject: Submission of Annual Report 2025-26 & Notice of 21st Annual General Meeting
Financial Performance Highlights (Standalone)
Financial Year 2025-26 vs 2024-25 (Amount in ₹ Lacs):
- Revenue from Operations: ₹21,197.18 (prev. ₹19,304.37) - 9.8% growth
- Other Income: ₹42.72 (prev. ₹39.18)
- Total Revenue: ₹21,239.90 (prev. ₹19,343.56)
- Profit Before Tax: ₹793.13 (prev. ₹646.00)
- Profit After Tax: ₹578.18 (prev. ₹492.50) - 17.4% growth
- Total Assets: ₹14,864.34 (prev. ₹13,888.15)
- Earnings Per Share: ₹8.02 (prev. ₹68.36*)
*EPS comparison affected by change in number of equity shares due to bonus issue
Capital Structure Changes
- Authorized Capital: ₹11.00 Cr (1.10 Cr equity shares of ₹10 each) - increased from ₹7.50 Lacs
- Paid-up Capital: ₹7.205 Cr (72.05 lakh equity shares of ₹10 each) - increased from ₹72.05 Lacs
- Bonus Issue: 64,84,500 bonus shares issued in 9:1 ratio to eligible members as on record date September 10, 2025
AGM Agenda Items
Ordinary Business:
1. Adoption of Audited Standalone Financial Statements for FY25-26
2. Re-appointment of Ms. Hemlata Kedia (DIN: 01888479) who retires by rotation
Special Business:
3. Appointment of Ms. Rishika Kedia (DIN: 11624538) as Executive Director
4. Appointment of Ms. Harsha Pugalia (Membership No. 37893) as Secretarial Auditor for 5 years (FY25-26 to FY29-30)
5. Increase in borrowing limits under section 180(1)(c) to ₹300 Crores
Board and Management Changes
Directors as on March 31, 2026:
- Binod Kumar Kedia (Chairman and Managing Director)
- Anita Kedia (Whole-Time Director)
- Hemlata Kedia (Non-Executive Director)
- Rishika Kedia (Additional Director appointed February 23, 2026)
- Gautam Dugar (Independent Director)
- Manoj Baid (Independent Director)
Key Managerial Personnel:
- Shivam Kedia (Chief Financial Officer)
- Naina Saha (Company Secretary & Compliance Officer)
Changes during the year:
- Mr. Shresth Kedia ceased to be director due to demise on March 3, 2026
- Mr. Binod Kumar Kedia re-designated as Managing Director for 5 years from June 30, 2025
- Ms. Anita Kedia re-designated as Whole-Time Director for 5 years from June 5, 2025
- Mr. Gautam Dugar and Mr. Manoj Baid appointed as Independent Directors for 5 years from June 5, 2025
Corporate Developments
- IPO Plans: Company filed Draft Red Herring Prospectus (DRHP) with SEBI on September 29, 2025 with updated filing on January 7, 2026
- Listing Application: Applied to BSE Emerge for listing of equity shares
- Prepaid IPO Expenses: ₹11.60 Lacs recognized as short-term loans & advances
Borrowings and Financial Arrangements
- Short-term Borrowings: ₹6,905.70 Lacs (prev. ₹4,746.58 Lacs)
- Long-term Borrowings: ₹2.63 Lacs (prev. ₹128.33 Lacs)
- Bank Facilities: Cash credit from HDFC Bank (₹5,748.26 Lacs), Union Bank of India (₹1,500 Lacs), ICICI Bank (₹1,500 Lacs)
- Security: Hypothecation of stocks & book debts, equitable mortgage of properties, personal guarantees of directors
Key Financial Ratios
- Debt-Equity Ratio: 4.43 (prev. 4.43)
- Return on Equity: 29.64% (prev. 28.59%)
- Inventory Turnover Ratio: 6.48 (prev. 6.14)
- Trade Receivables Turnover Ratio: 2.14 (prev. 2.00)
- Net Profit Ratio: 2.73% (prev. 2.55%)
- Return on Capital Employed: 16.85% (prev. 18.09%)
Corporate Social Responsibility
- CSR Obligation: ₹8.65 Lacs (2% of average net profit)
- CSR Spent: ₹8.66 Lacs donated to PMCARES FUND
- CSR Policy: Available on company website https://www.malasaree.com
Related Party Transactions
Material transactions with related parties:
- Purchase from M/s. Shree Savya: ₹0.24 Lacs
- Purchase from M/s Shreejay Creations: ₹0.94 Lacs
- Sales to M/s Shreejay Creations: ₹33.78 Lacs
- Outstanding balance with M/s Shreejay Creations: ₹56.84 Lacs
Other Significant Disclosures
- Dividend: No dividend recommended for FY25-26
- Deposits: No deposits accepted from public
- Fraud: No fraudulent activities reported by auditors
- Internal Financial Controls: Adequate and operating effectively as per auditor's report
- Vigil Mechanism: Whistle Blower Policy established and available on company website
- CSR Committee: Not constituted as CSR amount below threshold limit
AGM Logistics
- Date: September 30, 2026 at 2:00 PM
- Mode: Video Conferencing/Other Audio Visual Means
- Cut-off Date: September 23, 2026 for determining voting rights
- Remote e-voting: September 27-29, 2026 through NSDL
- Scrutinizer: Ms. Sneha Agarwal, Practicing Company Secretary (ACS - A38284)
#Tags: #ShreeBalajiTextiles #AnnualReport #FY2026 #SEBIDisclosure #AGMNotice #FinancialResults #TextileIndustry #CorporateGovernance #Neutral