Key Quantitative Figures

  • Revenue from Operations: ₹10,572.89 lakhs (FY25: ₹14,908.34 lakhs) - 29% decrease YoY
  • Other Income: ₹263.83 lakhs (FY25: ₹215.00 lakhs)
  • Total Revenue: ₹10,836.72 lakhs (FY25: ₹15,123.34 lakhs)
  • Profit Before Tax: ₹1,087.38 lakhs (FY25: ₹1,387.28 lakhs)
  • Profit After Tax: ₹804.71 lakhs (FY25: ₹1,054.15 lakhs)
  • Earnings Per Share (Basic & Diluted): ₹13.52 (FY25: ₹17.71)
  • Dividend Recommended: ₹1.30 per equity share of face value ₹10 each
  • Total Dividend Outgo: ₹77,38,900 if approved
  • Paid-up Equity Share Capital: ₹595.30 lakhs (59,53,000 shares of ₹10 each)

Dates of Action

  • AGM Date: Tuesday, September 8, 2026 at 12:30 PM through Video Conferencing/OAVM
  • Record Date for Dividend: Tuesday, September 1, 2026
  • Dividend Payment Date: On or before October 7, 2026
  • Remote E-voting Period: September 5, 2026 (9:00 AM) to September 7, 2026 (5:00 PM)
  • Book Closure: September 2, 2026 to September 8, 2026

Parties Involved

  • Statutory Auditors: Gourisaria Goyal & Co., Chartered Accountants
  • Secretarial Auditors: Arms & Associates LLP, Company Secretaries
  • Internal Auditors: ABAP & Company, Chartered Accountants
  • RTA: ABS Consultant Pvt. Ltd., Kolkata
  • Banker: Bank of Baroda, Nehru Place Branch, Jaipur

Business Operations Overview

The Company is engaged in manufacturing and export of agricultural commodities, including food products, spices, herbs, ruminant feed, and other animal feed supplements.

  • Export Contribution: 56% of total revenue (primarily cereals and animal feed ingredients)
  • Domestic Contribution: 44% of total revenue (focused on cattle feed and animal nutrition products)
  • Product Portfolio: Includes feed products for cattle, goats, camels, horses, and nutritional supplements including vitamins and calcium products
  • New Products Launched: Calf Starter, Binola Khal, Super Transition Feed
  • Manufacturing Facilities: Located at E-521, Sitapura Industrial Area, Jaipur

Dividend Information

The Board of Directors has recommended a final dividend of ₹1.30 per equity share for FY 2025-26. If approved at the AGM:

  • Payment will be made through electronic mode only
  • TDS will be deducted at applicable rates
  • Members must ensure KYC compliance with PAN, contact details, bank account details, and specimen signature registered with RTA/Company

Director Changes

  • Retirement: Mr. Ashok Kumar Dangaich (DIN: 00905542) retires by rotation and will not be re-appointed
  • New Appointment: Mr. Amardeep Singh Ahluwalia (DIN: 01450926) proposed as Independent Non-Executive Director for 5 years (September 8, 2026 to September 7, 2031)
  • Re-appointment: Mr. Jyoti Prakash Kanodia was re-appointed as Managing Director for three years (November 5, 2025 to November 4, 2028)

Corporate Governance

  • Board met 5 times during FY25-26
  • Four committees: Audit Committee, Nomination & Remuneration Committee, Stakeholders Relationship Committee, Share Transfer Committee
  • Compliance with SEBI LODR Regulations, 2015 and Companies Act, 2013
  • Whistle Blower Policy and Vigil Mechanism in place

Capital Structure

  • No change in share capital during the year
  • No issue of equity shares with differential rights, sweat equity shares, or ESOPs
  • 97.40% of paid-up capital dematerialized as of March 31, 2026

Related Party Transactions

No materially significant related party transactions reported during the year. All transactions were at arm's length basis.

CSR Activities

  • CSR obligation for FY25-26: ₹17.35 lakhs
  • Amount spent: ₹19.97 lakhs (excess of ₹2.62 lakhs available for set-off in succeeding years)
  • Focus areas: Social Activity and Protection of Art and Heritage

Legal and Regulatory Matters

  • Income tax demand of ₹15.91 lakhs for AY 2010-2011 under appeal at National Faceless Appeal Centre, Delhi
  • ₹3.18 lakhs paid against this demand and shown under Other Current Assets
  • No other significant material orders from regulators/courts

Subsequent Events

No material changes or events affecting the financial position between March 31, 2026 and the date of this report.

E-voting Arrangements

The company has provided facilities for remote e-voting through NSDL for all resolutions to be considered at the AGM. Members can vote electronically from September 5-7, 2026 or during the AGM.