Outcome of the Board Meeting
EMMBI · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Emmbi Industries Ltd reported FY2026 standalone net sales of Rs 4,041.80 million with Profit After Tax of Rs 81.11 million (EPS Rs 4.22), compared to Rs 4,013.91 million sales and Rs 66.87 million PAT in FY2025. Q4 FY26 standalone PAT was Rs 23.11 million. The Board recommended a final dividend of Rs 0.30 per share (3% on Rs 10 face value) for FY2026, subject to shareholder approval at the AGM. The auditors R. Daliya & Associates issued unmodified opinions on both standalone and consolidated financial results. Notably, the company cancelled the proposed incorporation of Zastian FZ-LLC in UAE (Ras Al Khaimah) for FIBC Jumbo Bags manufacturing, citing that the removal of US tariffs eliminated the business rationale for the subsidiary.
The company delivered improved year-on-year profitability with revenue growth, supported by an unmodified auditor opinion indicating clean financials. The dividend recommendation provides direct shareholder returns. The cancellation of the UAE subsidiary suggests prudent strategic recalibration in response to changing trade conditions.