Agro Phos promoters confirm no share encumbrance in FY26

1 min read     Updated on 06 Jun 2026, 10:05 AM
scanx
Reviewed by
Jubin VScanX News Team
AI Summary

Agro Phos India Limited disclosed that its promoters and persons acting in concert have not encumbered any shares during the financial year ended March 31, 2026. The declaration, submitted by Raj Kumar Gupta in accordance with Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, confirms the absence of pledges or charges on promoter holdings. The filing lists 17 individuals and entities within the promoter group, providing transparency on the stability of their shareholding.

powered bylight_fuzz_icon
42266072

*this image is generated using AI for illustrative purposes only.

Agro Phos India Limited disclosed on April 3, 2026, that its promoters and persons acting in concert have not encumbered any shares held by them during the financial year ended March 31, 2026. This declaration, submitted to the National Stock Exchange of India Limited, confirms that no shares were pledged or otherwise charged directly or indirectly throughout FY26. The disclosure is a mandatory compliance requirement under SEBI regulations to ensure transparency regarding the holding status of key stakeholders.

The filing was made by Raj Kumar Gupta, a promoter of the company, on behalf of the entire promoter group and persons acting in concert. It was submitted in accordance with Regulation 31(4) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. Reena Saluja, the Company Secretary and Compliance Officer for agro phos , formally communicated the declaration to the exchange.

Promoter and Promoter Group Details

The disclosure included an annexure listing the individuals and entities comprising the promoter and promoter group. The list encompasses 17 names, including several Hindu Undivided Families (HUFs) and individual shareholders.

S No. Name of the promoters and promoter group
1 Vinod Kumar Suhane HUF
2 Nitin Suhane HUF
3 Vishnu Kant Gupta HUF
4 Ramesh Chand Suhane HUF
5 Rajkumar Suhane HUF
6 Rajesh Kumar Suhane HUF
7 Rakesh Kumar Gupta
8 Asha Gupta
9 Vinod Kumar Gupta
10 Raj Kumar Gupta
11 Vishnu Kant Gupta
12 Ramesh Chand Suhane
13 Uma Gupta
14 Sharaddha Gupta
15 Rajesh Chand Suhane
16 Nitin Suhane
17 Abhay Gupta

The declaration provides assurance to the market regarding the financial stability of the promoters' holdings. The absence of encumbrance indicates that the promoters' shareholding is free from liens or charges, which is a positive signal for shareholder confidence regarding the company's governance structure.

Historical Stock Returns for Agro Phos

1 Day5 Days1 Month6 Months1 Year5 Years
+0.06%+3.74%+2.89%-17.19%-13.30%+114.73%

How will this clean holding status influence institutional investor confidence in Agro Phos India?

Does the absence of share pledging indicate a shift in the company's capital structure strategy?

What are the growth plans for Agro Phos India given the promoters' strong financial position?

Agro Phos FY26 net profit rises 55.7% to ₹818.20 lakh

1 min read     Updated on 30 May 2026, 07:28 PM
scanx
Reviewed by
Ashish TScanX News Team
AI Summary

Agro Phos (India) Limited reported a 55.7% increase in net profit to ₹818.20 lakh for FY26, with revenue from operations rising 23.4% to ₹14,795.14 lakh. The Board approved the audited financial results, withdrew the proposed acquisition of Bharat Phosphates & Chemicals Private Limited due to the target's unwillingness to proceed, and appointed cost and internal auditors for FY 2026-2027.

powered bylight_fuzz_icon
41692134

*this image is generated using AI for illustrative purposes only.

Agro Phos (India) Limited reported a 55.7% increase in net profit to ₹818.20 lakh for the year ended March 31, 2026, compared to ₹525.60 lakh in the previous year. Revenue from operations rose 23.4% to ₹14,795.14 lakh from ₹11,987.88 lakh in FY25. The Board of Directors approved the audited standalone and consolidated financial results on May 29, 2026, alongside the withdrawal of a proposed acquisition and the appointment of statutory auditors for the upcoming fiscal year.

The company's total income for FY26 stood at ₹14,893.19 lakh, while total expenses were ₹13,739.25 lakh. Profit before tax for the year increased to ₹1,178.38 lakh from ₹909.82 lakh in the prior year. Earnings per share (EPS) for the year improved to ₹4.04 from ₹2.59. The statutory auditors, M/s. Ashok Khasgiwala & Co. LLP, issued an unmodified opinion on the financial results.

Key Financial Metrics for FY26

Particulars Year Ended 31.03.2026 (₹ in Lakhs) Year Ended 31.03.2025 (₹ in Lakhs)
Revenue from operations 14,795.14 11,987.88
Total Income 14,893.19 12,078.76
Total Expenses 13,739.25 11,168.94
Profit before tax 1,178.38 909.82
Net Profit 818.20 525.60
Earnings Per Share (Basic) 4.04 2.59

The Board approved the discontinuation of the proposed acquisition of Bharat Phosphates & Chemicals Private Limited. The target company expressed its inability and unwillingness to proceed with the transaction on May 29, 2026, leading to a mutual agreement to withdraw the deal. The proposed acquisition, initially approved on July 16, 2025, will not proceed further, and any inter-corporate advances or financial assistance extended in relation to the transaction have been fully recovered or settled. The company stated it does not anticipate any material adverse impact from the discontinuation.

In other decisions, the Board appointed M/s. Sudeep Saxena & Associates, Cost Accountants, as the Cost Auditor for the financial year 2026-2027. Additionally, M/s. Pankaj Somaiya and Associates, LLP was appointed as the Internal Auditor for FY 2026-2027. The company confirmed that it is not classified as a "Large Corporate" for the year ended March 31, 2026, and therefore certain disclosures regarding debt securities are not applicable.

Historical Stock Returns for Agro Phos

1 Day5 Days1 Month6 Months1 Year5 Years
+0.06%+3.74%+2.89%-17.19%-13.30%+114.73%

What strategic initiatives will Agro Phos pursue to sustain the 23.4% revenue growth following the withdrawal of the Bharat Phosphates acquisition?

How will the capital previously allocated for the Bharat Phosphates deal be redeployed to drive shareholder value?

Can the company maintain the current profit margin expansion given the significant rise in total expenses?

More News on Agro Phos

1 Year Returns:-13.30%