Alfred Herbert (India) Limited reported a net profit of ₹4,551.59 crore for the financial year ended March 31, 2026, a substantial rise compared to the previous year, primarily due to exceptional gains from the sale of immovable property. The company's board recommended a dividend of ₹20 per equity share, equivalent to 200% of the face value, subject to approval by shareholders at the upcoming Annual General Meeting.

The audited standalone financial results for FY26 revealed a total income of ₹447.74 crore, up from ₹102.52 crore in the previous year. This growth was largely attributed to exceptional items amounting to ₹4,804.72 crore, recognized during the quarter ended June 30, 2025, relating to the profit on the sale of the company's immovable property at Whitefield, Bengaluru. Additionally, a profit of ₹190.64 crore was recognized from the partial disposal of an investment property during the year.

Financial Performance

Revenue from operations for the year stood at ₹447.34 crore, a significant increase from ₹102.50 crore in FY25. Key components of the revenue included net gain on fair value changes of ₹186.89 crore and profit on the sale of investment property of ₹190.64 crore. Total expenses for the year were ₹43.81 crore, slightly higher than the ₹33.00 crore reported in the previous year.

For the quarter ended March 31, 2026, the company reported a net profit of ₹309.05 crore. Total income from operations for the quarter was ₹48.03 crore. The statutory auditors, M/s. ALPS & Co., issued an audit report with an unmodified opinion on the standalone and consolidated financial results.

Consolidated Results

On a consolidated basis, the company reported a net profit of ₹4,553.16 crore for FY26, compared to ₹63.47 crore in the previous year. Total consolidated income rose to ₹454.28 crore from ₹104.58 crore in FY25. The consolidated financial results include the performance of wholly-owned subsidiaries, Alfred Herbert Limited and Herbert Holdings Limited.

Asset Position and Cash Flows

As of March 31, 2026, the company's total assets stood at ₹5,693.76 crore, a significant increase from ₹1,151.24 crore in the previous year. Investments constituted the largest portion of assets at ₹4,837.85 crore. The company reported a net cash generated from investing activities of ₹650.08 crore, primarily driven by proceeds from the sale of investments and investment properties.

The board also took note of the retirement by rotation of Mrs. Simika Lodha, Non-Executive Non-Independent Director, at the upcoming Annual General Meeting. Being eligible, she seeks reappointment.

Alfred Herbert (India) Limited has scheduled a meeting of its board of directors for Wednesday, May 27, 2026. The meeting is convened under Regulation 29 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Agenda for the Meeting

The primary agenda for the upcoming board meeting includes the consideration of the audited financial results for the financial year ended March 31, 2026. The board will review both the standalone and consolidated financial statements to finalize the company's annual performance.

Dividend Consideration

In addition to the financial results, the board will deliberate on the recommendation for the payment of a dividend on equity shares for the financial year 2025-26. The company stated that this recommendation is subject to the board's decision and will be declared if approved.

Key Meeting Details

The following table summarizes the key details regarding the board meeting: