Outcome of Board Meeting
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
The Board approved audited financial results for Q4 and FY ended March 2026. Total income was Rs 10,559.07 lakhs for Q4 and Rs 40,304.01 lakhs for FY26, up from Rs 6,295.13 lakhs and Rs 35,323.98 lakhs respectively in FY25. Profit before tax for FY26 was Rs 2,529.58 lakhs, down from Rs 3,400.53 lakhs in FY25. Basic EPS for FY26 was Rs 10.06 versus Rs 16.36 in FY25. The company operates two segments - Liquor (major contributor at Rs 40,191.14 lakhs revenue) and Edible Oils (Rs 42.42 lakhs, operating at a loss). The Board also approved the reclassification of 4 outgoing promoters (Ajay Gupta, Shailesh Gupta, Siddharth Gupta, and Ramesh Gupta) from Promoter to Public category, as they hold less than 10% voting rights and are not involved in management. The auditors issued a clean (unmodified) opinion.
FY26 revenue grew 14% YoY but profit declined 26% due to higher costs. The promoter reclassification, once approved by BSE, may increase public shareholding perception. Clean audit provides confidence. The company's heavy reliance on liquor operations (99.9% of revenue) presents concentration risk.