AG Universal reported a 94% decline in net profit to ₹8.43 lakh for the financial year ended March 31, 2026, down from ₹135.74 lakh in the previous year. Revenue from operations rose 20% to ₹7,348.45 lakh from ₹6,122.98 lakh in FY25, while total income increased to ₹7,605.53 lakh. The company’s statutory auditors, M/s. Goyal Nagpal & Co., issued an unmodified opinion on the audited financial results for the half year and year ended March 31, 2026.

Financial Performance

The company’s profitability was impacted by higher expenses, which totaled ₹7,572.94 lakh for the year, compared to ₹6,030.25 lakh in the prior year. The cost of materials consumed decreased to ₹3,800.89 lakh from ₹4,877.41 lakh, while the purchase of stock in trade nearly doubled to ₹2,716.16 lakh. Finance costs increased to ₹172.15 lakh from ₹168.92 lakh. For the half year ended March 31, 2026, the company reported a net loss of ₹41.03 lakh, compared to a profit of ₹50.50 lakh in the same period last year.

Segment Results

AG Universal operates in trading and manufacturing segments. The manufacturing division contributed ₹4,517.30 lakh to revenue for the year, while the trading division contributed ₹2,831.15 lakh. Segment results before tax, interest, and depreciation showed the trading division generating ₹117.94 lakh and the manufacturing division ₹13.88 lakh. Total segment assets stood at ₹5,332.58 lakh as of March 31, 2026.

Board Decisions and Key Appointments

The Board of Directors approved the re-appointment of Mr. Shyam Lal Diwan as the Internal Auditor for FY27 and onwards until the Board decides. Additionally, the Board accepted the withdrawal of resignation from Ms. Surbhi Gupta, Company Secretary and Compliance Officer. Consequently, she will continue in her existing capacity, and the earlier proposed cessation date stands nullified.

Operational Updates

Subsequent to the financial year-end, on May 16, 2026, the company suspended operations at its manufacturing facility in Haryana due to critical supply shortages of industrial gas and fuel and severe escalations in utility pricing. The duration of this suspension remains uncertain, and the Board has initiated a strategic review of the company’s asset footprint. During the year, the company allotted 20,00,000 fully convertible warrants, raising ₹2.81 crore, which remains outstanding as of March 31, 2026.

A G Universal Limited has disclosed the shareholding details of its promoter group for the quarter ended March 31, 2026. The disclosure was submitted in compliance with Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeover) Regulations, 2011.

The promoter group, represented by Amit Gupta, holds a significant stake in the company. As of the specified date, the group's holdings comprise both equity shares and fully convertible warrants.

Shareholding Details

The following table outlines the holdings of the promoter and promoter group as of March 31, 2026:

Encumbrance Status

The disclosure further confirms that the promoter group has not created any encumbrance on the shares, directly or indirectly, during the financial year ended March 31, 2026. This declaration was addressed to the Manager-Listing at the National Stock Exchange of India Limited and the Audit Committee of ag universal .