Company Overview

Sizemasters Technology Limited (formerly Mewat Zinc Ltd) held its 33rd Annual General Meeting notice and disclosed comprehensive FY26 financial results. The company operates in industrial manufacturing and precision engineering sectors.

AGM Details and Corporate Actions

The 33rd Annual General Meeting is scheduled for September 16, 2026, via video conference. Key agenda items include adoption of audited financial statements, re-appointment of Mr. Kiran Shamsundar Zanwar as Non-Executive Director, and approval of three special resolutions for related party transactions worth up to ₹10 crore each with Sizemasters Gauges And Tools, Aurum Turnkey Services LLP, and Sizemasters Mould-Tech Private Limited.

Significant corporate changes occurred during FY26, including disinvestment of the entire 51% holding in subsidiary Proto D Technologies Private Limited and incorporation of new subsidiary Sizemasters Mould-Tech Private Limited with 60% shareholding for manufacturing plastic and polymer products.

Financial Performance Highlights

Standalone Performance (FY 2025-26 vs FY 2024-25):

  • Revenue from Operations: ₹2,703.04 lakhs (vs ₹1,417.34 lakhs) - 91% increase
  • Profit Before Tax: ₹492.95 lakhs (vs ₹349.39 lakhs) - 41% increase
  • Net Profit After Tax: ₹365.15 lakhs (vs ₹261.69 lakhs) - 39% increase
  • Earnings Per Share: ₹3.65 (vs ₹2.71)

Key Financial Ratios Improvement:

  • Debt-Equity Ratio: 0.17 (vs 0.95) - 82% decrease due to reduced long-term debts
  • Current Ratio: 2.57 (vs 1.66) - 55% increase from lower current liabilities
  • Return on Equity: 23.92% (vs 18.00%) - 33% improvement
  • Return on Capital Employed: 26.50% (vs 12.00%) - 121% increase

Subsidiary Performance

Consolidated results show varied performance across subsidiaries:

  • Aurum Turnkey Services LLP: Net Profit ₹64.77 lakhs, Turnover ₹645.23 lakhs
  • Sizemaster Calibration Services LLP: Net Profit ₹11.07 lakhs, Turnover ₹250.54 lakhs
  • Sizemasters Mould-Tech Private Limited: Net Loss ₹6.23 lakhs (newly incorporated)

Additional Financial Disclosures

The company reported defined benefit plan expense of ₹7.18 lakhs for gratuity and leave encashment. MSME dues were minimal at ₹0.46 lakhs principal amount with no interest payable. The company confirmed no CSR applicability, no benami properties, no crypto transactions, and compliance with all statutory requirements including no defaults on loans from banks/financial institutions.

Corporate Governance and Compliance

The board consists of four members including independent directors. The company is listed on BSE Limited and paid annual listing fees for 2025-26. Secretarial Audit Report noted delayed submission of audited consolidated financial results for quarter ended March 31, 2025, with SOP paid, but no material regulatory orders impacting going concern status.

No dividend was recommended or paid for FY 2025-26, reflecting the company's focus on growth and operational expansion through its subsidiary investments and related party transactions.