Key Financial Figures (₹ in Lakhs)

Financial Performance FY 2025-26:

  • Total Income from Operations: ₹13,167.46 (FY 2024-25: ₹8,755.66) - 50% increase
  • Profit Before Depreciation & Taxation: ₹1,117.16 (FY 2024-25: ₹319.36)
  • Depreciation: ₹129.86 (FY 2024-25: ₹123.61)
  • Profit Before Tax (PBT): ₹987.30 (FY 2024-25: ₹195.75)
  • Tax Expense: ₹290.94 (FY 2024-25: ₹58.80)
  • Profit After Tax (PAT): ₹696.36 (FY 2024-25: ₹408.06)
  • Earnings Per Share: ₹13.74 (FY 2024-25: ₹8.05)

Financial Position as at March 31, 2026:

  • Total Assets: ₹14,886.33 Lakhs
  • Equity Share Capital: ₹506.77 Lakhs (50,67,700 shares of ₹10 each)
  • Other Equity: ₹9,353.56 Lakhs
  • Investments: ₹6,240.82 Lakhs (mainly in mutual funds and equity instruments)
  • Cash & Cash Equivalents: ₹1,441.91 Lakhs
  • Trade Receivables: ₹3,746.99 Lakhs
  • Inventories: ₹810.05 Lakhs
  • Debt: Zero (debt-free status maintained)

Operational Highlights

Business Performance:

  • Revenue growth driven by improved project execution and normalization of export market demand
  • Successful diversification into coconut processing, food and agro-processing machinery
  • Served 35+ countries across Africa, Southeast Asia, Latin America
  • India's first complete banana dehydration line commissioned
  • 3 patented technologies: Continuous Chemical Withering (CCW), Continuous Physical Withering (CPW), Automatic Chasing Machine for CTC Roller

Manufacturing & Capacity:

  • Kolkata manufacturing facility expansion underway
  • ISO 9001:2015 certification for Quality Management and Tea & Coconut Processing Machinery
  • FSSAI compliance for food-processing machinery
  • 30,000+ machineries manufactured to date
  • 900+ employees with skilled technical workforce

Key Ratios FY 2025-26:

  • Current Ratio: 1.42 (1.68 in FY 2024-25)
  • Return on Equity (ROE): 10% (6% in FY 2024-25)
  • Return on Capital Employed (ROCE): 7% (4% in FY 2024-25)
  • Inventory Turnover Ratio: 16.12 (11.40 in FY 2024-25)
  • Trade Receivables Turnover Ratio: 3.49 (1.62 in FY 2024-25)

Corporate Actions & Decisions

Dividend:

  • No dividend recommended for FY 2025-26
  • Profits retained for business expansion

Board Composition:

  • 10 Directors total (7 Non-Executive, 3 Executive)
  • 1 Woman Director
  • 70% Non-Executive Directors
  • 100% attendance across all members

Key Managerial Personnel:

  • Mr. Vineet Bagaria (Managing Director)
  • Mr. Sajjan Bagaria (Executive Chairman)
  • Mr. Viraj Bagaria (Whole Time Director)
  • Mr. Vishnu Baheti (Chief Financial Officer)
  • Mrs. Khushboo Choudhary (Company Secretary)

Auditor Appointments:

  • Statutory Auditors: M/s Agarwal & Associates (FRN: 323210E) - unmodified opinion
  • Secretarial Auditors: M/s Smita Sharma & Associates
  • Cost Auditors: M/s Sarkar & Associates (FRN: 004836)
  • Internal Auditors: M/s Ghosh Basu & LLP (for FY 2026-27)

SEBI Listing Compliance:

  • Annual Report submitted to BSE under Regulation 34(1)
  • Corporate Governance Report included as per Listing Regulations
  • CEO/CFO certification obtained

CSR Expenditure:

  • Average Net Profit (3 years): ₹10,45,64,878
  • Prescribed CSR Expenditure (2%): ₹20,91,297
  • Actual CSR Spent: ₹20,71,495
  • CSR Initiatives: Arogya Mitra healthcare projects, education support, community development

Related Party Transactions:

  • All transactions at arm's length basis
  • Total transactions with T & I Projects (P) Ltd: ₹55.20 crore (purchases), ₹3.66 crore (sales)
  • Director remuneration: ₹1.96 crore (Vineet Bagaria), ₹60 lakh (Sajjan Bagaria), ₹49.32 lakh (Viraj Bagaria)

Annual General Meeting Details

36th AGM:

  • Date: September 11, 2026
  • Time: 2:00 PM
  • Mode: Virtual through VC/OAVM
  • Book Closure: September 5-11, 2026

Agenda Items:

1. Adoption of audited financial statements for FY 2025-26

2. Reappointment of Mr. Harish Mittal as Director

3. Ratification of Cost Auditor remuneration (₹20,000 + taxes)

4. Approval for material related party transactions (up to ₹130 crore)

5. Reappointment of Mr. Viraj Bagaria as Whole-time Director

6. Authorization under Section 186 for investments/loans (up to ₹100 crore)

E-voting Details:

  • Remote e-voting period: September 7-10, 2026 (9:00 AM to 5:00 PM)
  • E-voting service provider: NSDL
  • Cut-off date: September 4, 2026
  • Scrutinizer: CS Smita Sharma of M/s Smita Sharma & Associates

Forward-looking Statements

The document contains forward-looking statements regarding company prospects, subject to risks and uncertainties. The company undertakes no obligation to publicly update these statements.