Key Financial Figures (Amounts in ₹ Lakhs)

  • Total Income: ₹3,879.21 (Previous year: ₹3,346.65)
  • Income from Operations: ₹3,653.87 (19% increase from previous year's ₹3,079.90)
  • Profit Before Tax: ₹453.77 (Previous year: ₹214.02)
  • Tax Expense: ₹106.69 (Previous year: ₹33.77)
  • Other Comprehensive Income: ₹7.89 (Previous year: ₹3.54)
  • Profit After Tax: ₹354.97 (93% increase from previous year's ₹183.79)
  • EBITDA Margin: 13% on total income (Previous year: 8%)
  • PAT Margin: 9% on total income (Previous year: 5%)

Dividend Declaration

  • Recommended final dividend of ₹1 per equity share (10% on face value of ₹10)
  • Record date: 17th July 2026
  • Payment date: On or after 03rd August 2026, subject to shareholder approval at AGM
  • Total dividend outflow: ₹29.04 lakhs

AGM Details

  • 106th Annual General Meeting: 30th July 2026 at 3:00 PM
  • Mode: Video Conferencing/Other Audio Visual Means (VC/OAVM)
  • Business:

1. Adoption of audited financial statements

2. Declaration of final dividend

3. Re-appointment of Mr. Sanjay Jha (DIN: 00068519) as Whole Time Director retiring by rotation

Capital Structure

  • Authorized Capital: ₹2,500 lakhs (2.3 crore equity shares of ₹10 each + 2 lakh preference shares of ₹100 each)
  • Issued, Subscribed & Paid-up Capital: ₹290.39 lakhs (29,03,890 equity shares of ₹10 each fully paid up)
  • Holding Pattern: Walchand & Company Private Limited holds 57.31% (16,64,354 shares)

Management Changes

  • Mr. Nachiket Sohani resigned as Company Secretary & Compliance Officer effective 27th June 2025
  • Mr. Deepak Kumar Nayak (ACS 75012) appointed as Company Secretary & Compliance Officer effective 31st July 2025
  • Mr. Joseph Andrew Jude Pereira re-appointed as Independent Director for second term of five years from 26th October 2025 to 25th October 2030

Board of Directors

1. Ms. Pallavi Jha - Chairperson & Managing Director (DIN: 00068483)

2. Mr. Sanjay Jha - Whole-time Director (DIN: 00068519)

3. Mr. H. N. Shrinivas - Independent Director (DIN: 07178853)

4. Mr. Jehangir Ardeshir - Independent Director (DIN: 02344835)

5. Mr. Joseph Andrew Jude Pereira - Independent Director (DIN: 00130239)

Key Appointments

  • Statutory Auditors: M/s. CNK & Associates LLP, Chartered Accountants (appointed for 5 years from FY 2025-26)
  • Internal Auditor: M/s. SMMP & Company, Chartered Accountants
  • Secretarial Auditor: M/s. Nilesh Shah & Associates
  • Registrar & Transfer Agent: Bigshare Services Private Limited
  • Bankers: Standard Chartered Bank, HDFC Bank Ltd., HSBC Ltd.

Operational Highlights

  • Total employees: 59 (including KMP)
  • Foreign exchange earnings: ₹161.09 lakhs (Previous year: ₹97.01 lakhs)
  • Foreign exchange outgo: ₹310.93 lakhs (Previous year: ₹335.94 lakhs)
  • Training income: ₹3,583.53 lakhs (Previous year: ₹2,974.16 lakhs)
  • Franchisee fees: ₹7.00 lakhs (Previous year: ₹32.00 lakhs)

Investments

  • Total investments: ₹755.18 lakhs (Previous year: ₹769.05 lakhs)
  • Includes investments in mutual funds (₹667.96 lakhs) and government securities (₹87.22 lakhs)

Legal Proceedings

  • Contingent liability of ₹278.35 lakhs relating to Mumbai Port Trust demand on account of lease rentals (under dispute)
  • No other significant material orders passed by regulators/courts affecting going concern status

Corporate Governance

  • Complied with all mandatory requirements of SEBI LODR Regulations
  • All committees (Audit, Nomination & Remuneration, Stakeholders' Relationship) functioning effectively
  • Whistle Blower Policy/Vigil Mechanism in place
  • No investor complaints received through SCORES during the year

Shareholding Pattern (as on 31st March 2026)

  • Promoters: 57.55%
  • Public: 42.45%
  • Dematerialized holding: 97.67% (CDSL: 78.42%, NSDL: 19.25%)
  • Physical holding: 2.33%

Important Dates

  • Record Date for Dividend: 17th July 2026
  • AGM Date: 30th July 2026
  • Remote E-voting Period: 27th July 2026 (9:00 AM) to 29th July 2026 (5:00 PM)
  • Cut-off Date for E-voting: 24th July 2026

Additional Information

  • Annual Report available on company website: www.walchandpeoplefirst.com
  • No material changes affecting financial position post year-end
  • Company has no subsidiaries, joint ventures or associate companies