A-1 Limited (formerly known as A-1 Acid Limited), an Ahmedabad-based company, reported its audited standalone and consolidated financial results for the quarter and year ended March 31, 2026. The Board of Directors approved the results at their meeting held on May 12, 2026, which commenced at 02:00 p.m. and concluded at 02:20 p.m. Statutory auditor M/s. Sorab S. Engineer & Co., Chartered Accountants, issued an unqualified opinion on both standalone and consolidated financial results.

Standalone Financial Performance

The company delivered a notable improvement in profitability for the year ended March 31, 2026. Standalone revenue from operations grew to ₹34,290.92 lakhs from ₹33,149.42 lakhs in the previous year. Total income stood at ₹34,336.25 lakhs compared to ₹33,197.50 lakhs in the year ended March 31, 2025. Profit after tax for the full year rose sharply to ₹599.21 lakhs from ₹365.10 lakhs, while total comprehensive income for the year came in at ₹611.23 lakhs against ₹363.81 lakhs in the prior year.

The following table summarises the key standalone financial metrics for the year and the latest quarter:

Standalone Balance Sheet Highlights

As at March 31, 2026, total assets on a standalone basis stood at ₹10,529.41 lakhs, up from ₹7,362.69 lakhs as at March 31, 2025. Total equity was ₹5,406.90 lakhs compared to ₹4,968.17 lakhs in the prior year. Paid-up equity share capital as at March 31, 2026 was ₹4,600.00 lakhs (face value of INR 1 each), while other equity stood at ₹806.90 lakhs. Current borrowings increased to ₹4,169.35 lakhs from ₹2,092.54 lakhs, and trade receivables rose to ₹7,801.97 lakhs from ₹5,064.11 lakhs.

Cash Flow Summary

The following table presents the audited standalone and consolidated cash flow position for the year ended March 31, 2026:

Operating profit before working capital changes stood at ₹1,245.75 lakhs for the year ended March 31, 2026, compared to ₹1,030.54 lakhs in the prior year. Net changes in working capital resulted in an outflow of ₹2,668.66 lakhs, driven primarily by an increase in trade receivables of ₹2,750.63 lakhs. Financing activities generated a net inflow of ₹1,681.33 lakhs, supported by net short-term borrowing proceeds of ₹2,230.23 lakhs, partially offset by dividend payments of ₹172.50 lakhs and interest paid of ₹165.75 lakhs.

Segment Performance

The company operates across two reportable segments: Acids and Chemicals, and Sports Equipments and Others (which includes manufacturing of battery-operated electric two-wheelers/EVs). The following table presents segment-wise revenue and results for the year ended March 31, 2026:

Total segment assets as at March 31, 2026 stood at ₹10,529.41 lakhs, with the Acids and Chemicals segment accounting for ₹9,312.40 lakhs and Sports Equipments and Others contributing ₹1,217.01 lakhs. Total segment liabilities were ₹5,122.51 lakhs, comprising ₹4,292.35 lakhs for Acids and Chemicals and ₹830.16 lakhs for Sports Equipments and Others.

Consolidated Financial Results

The consolidated financial results for the year ended March 31, 2026 include the financials of A-1 Limited as the parent company and A-1 Sureja Industries as the associate entity. Consolidated revenue from operations for the year was ₹34,290.92 lakhs against ₹33,149.42 lakhs in the prior year. Consolidated profit after tax for the year stood at ₹599.21 lakhs compared to ₹365.10 lakhs in the year ended March 31, 2025. Total consolidated comprehensive income for the year was ₹611.23 lakhs versus ₹363.81 lakhs previously. The share of profit/(loss) of the associate accounted using the equity method was ₹1.16 lakhs for the year ended March 31, 2026, compared to a loss of ₹29.30 lakhs in the prior year.

Key Corporate Developments

Several significant corporate actions were undertaken during the year:

• Bonus Issue: During the quarter ended December 31, 2025, the Board approved the issue of 3,45,00,000 equity shares of Rs. 10/- each as fully paid-up bonus equity shares in the proportion of 3:1 (three bonus shares for every one existing share), with a record date of December 31, 2025.
• Stock Split: The Board also approved the sub-division of equity shares from face value of Rs. 10/- each to Rs. 1/- each fully paid-up, with a record date of January 08, 2026. The authorised share capital was increased from 2,00,00,000 equity shares of Rs. 10/- each to 4,60,00,000 equity shares of Rs. 10/- each. Earnings per share for previous periods have been restated accordingly.
• Stake Increase in Associate: During the quarter ended December 31, 2025, the Board approved increasing the company's partnership interest in A-1 Sureja Industries — engaged in manufacturing of battery-operated electric two-wheelers (EVs) — from 45% to 51%, making it a subsidiary entity.
• Fire Incident: On April 12, 2025, a major fire broke out at the registered office. There were no injuries or loss of life. The company is adequately insured, received the claim amount, and charged a net loss due to fire of Rs. 2.41 Lakhs in the Statement of Profit and Loss.
• New Labour Codes: Effective November 21, 2025, the Government of India consolidated 29 existing labour regulations into four Labour Codes. The company noted no significant impact on employee benefit provisions at this stage and will evaluate further as rules are notified.

A-1 Limited , formerly known as A-1 Acid Limited, has notified BSE Limited of an upcoming Board of Directors meeting pursuant to Regulation 29 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The meeting is scheduled to be held on Tuesday, May 12, 2026, at 2:00 P.M. at the company's registered office located at Corporate House No. A-1, Shivalik Business Centre, B/h. Rajpath Club, S. G. Highway, Bodakdev, Ahmedabad - 380059.

Board Meeting Agenda

The board meeting has been convened to address several key items pertaining to the company's financial disclosures for the quarter and year ended March 31, 2026. The following table outlines the primary agenda items:

Trading Window Closure

In line with the company's Code for Prevention of Insider Trading and pursuant to BSE's letter dated April 2, 2019 (Ref. No. LIST/COMP/01/2019), the trading window for dealing in the securities of A-1 Limited has been closed for all designated persons. The closure is effective from April 1, 2026, and will remain in force until 48 hours after the declaration of financial results for the quarter and year ended March 31, 2026.

The intimation was signed by Harshadkumar Naranbhai Patel, Chairman & Managing Director (DIN: 00302819), on May 4, 2026, on behalf of A-1 Limited.