Financial Performance Overview
Vardhman Holdings Limited, an RBI-registered Non-Banking Financial Company, reported consolidated net profit of ₹216.01 crore for FY26, declining from ₹258.00 crore in FY25. Total comprehensive income stood at ₹223.78 crore with basic and diluted EPS of ₹676.83 per share. The company maintained a robust investment portfolio of ₹51,338.79 lakhs, primarily in quoted equity instruments (₹23,097.10 lakhs) and mutual funds (₹23,669.26 lakhs), with significant investments in associate companies totaling ₹32,446.39 lakhs.
Annual General Meeting and Corporate Actions
The company convened its 62nd AGM on September 17, 2026 via video conference to approve audited financial statements and declare a final dividend of ₹5 per equity share for FY26, maintaining the same payout as the previous year. Key resolutions included adoption of standalone and consolidated financial statements, re-appointment of director Mr. Vikas Kumar, and approval of material related party transactions with Vardhman Textiles Limited involving ₹2 crore in royalty and rent payments.
Regulatory Compliance and Voting Process
The AGM notice was issued in compliance with SEBI Listing Regulations, featuring detailed e-voting instructions through CDSL from September 14-16, 2026 with a cut-off date of September 10, 2026 for eligibility. The company disclosed RBI regulatory requirements as an NBFC, showing exposure to capital markets of ₹37,580.27 crore with zero non-performing assets and no outstanding borrowings or public deposits.
Financial Position and Ownership Structure
The company's standalone revenue stood at ₹53.96 crore with net profit of ₹40.49 crore, while total assets reached ₹978.26 crore predominantly in investments. Promoter holding remained at 69.93% with major shareholders Adishwar Enterprises LLP (32.86%) and Devakar Investment & Trading Company (34.29%). The record date for dividend entitlement was fixed for August 28, 2026.
Associate Companies and Corporate Governance
The company has significant investments in Vardhman Textiles Limited (28.99% ownership, contributing ₹217.24 crore profit) and Vardhman Spinning and General Mills Limited (50% ownership). CSR expenditure for FY26 was ₹2.14 lakhs, exceeding the mandatory requirement. The financial statements were approved by Chairman S.P. Oswal, CFO Poorva Bhatia, Company Secretary Sandeep, and Director Suchita Jain, demonstrating strong governance practices.