Anmol India Limited delivered a significant improvement in profitability for the financial year ended March 31, 2026. The coal trading company reported a 61% year-on-year rise in net profit after tax (PAT), reaching ₹11.31 crore compared to ₹6.99 crore in the previous fiscal year.

Financial Performance

Revenue from operations grew by 11.09% to ₹1,416.57 crore in FY26, up from ₹1,274.26 crore in FY25. This top-line expansion was supported by higher trade volumes and strategic sourcing initiatives across domestic and international markets.

Earnings before interest, tax, depreciation, and amortization (EBITDA) increased to ₹28.99 crore from ₹25.67 crore. The company maintained a disciplined approach to cost management, with total expenses rising to ₹1,397.42 crore from ₹1,258.39 crore.

What the Numbers Show

The divergence between revenue growth and profit expansion highlights improved operational leverage. While revenue grew by 11%, net profit surged by over 61%. This acceleration was primarily driven by a reduction in finance costs, which fell to ₹13.03 crore from ₹15.65 crore in the prior year. Lower interest expenses significantly boosted the bottom line despite modest growth in operating margins.

Balance Sheet and Capital Structure

Total assets stood at ₹34,419.43 lakh, with current assets comprising ₹33,903.76 lakh. Inventory levels decreased to ₹7,584.02 lakh from ₹9,473.54 lakh, indicating efficient stock management. Trade receivables rose to ₹9,195.80 lakh from ₹7,205.62 lakh.

Total borrowings declined to ₹19,731.36 lakh (combining non-current and current liabilities) from ₹21,960.82 lakh. The debt-equity ratio improved to 0.34 from 0.38, reflecting a stronger capital position. The interest coverage ratio rose to 2.17 from 1.64, enhancing financial stability.

Corporate Governance and AGM

The Board of Directors decided not to recommend any dividend for FY26, opting to conserve resources for future requirements. The 28th Annual General Meeting is scheduled for September 26, 2026, at the company's registered office in Ludhiana.

Key agenda items include the re-appointment of Whole Time Director Mr. Chakshu Goyal, who retires by rotation. Additionally, shareholders will vote on a special resolution to approve loans totaling up to ₹25 crore to Anmol Fincap Limited, a related party in which directors hold interests.

Anmol India Limited has scheduled its 28th Annual General Meeting (AGM) for September 26, 2026. The meeting will be held at the company’s registered office in Ludhiana at 10:00 am.

Key Corporate Actions

The Board meeting held on August 29, 2026, focused on governance and capital allocation matters. Key approvals included:

• Notice for the 28th Annual General Meeting (AGM) scheduled for September 26, 2026.
• Approval of the Director’s Report for the fiscal year ended March 31, 2026.
• Appointment of M/s Harsh Goyal & Associates as scrutinizers for e-voting.

Related Party Transaction Details

The proposed financial assistance to Anmol Fincap Limited qualifies as a related-party transaction under Section 185 of the Companies Act, 2013. This classification arises because directors of Anmol India Limited are also directors and shareholders in Anmol Fincap Limited.

The Audit Committee has reviewed and approved the transaction in compliance with SEBI LODR Regulations. The funds are restricted for use in the borrower’s principal business activities only.

Governance and Leadership

Mr. Chakshu Goyal, who retires by rotation, has offered himself for reappointment as a Director. He holds 1,06,79,400 equity shares and serves as Chairman of the Corporate Social Responsibility Committee. His portfolio includes overseeing digital transformation and domestic trading operations.

AGM Logistics and E-Voting

The remote e-voting window will open at 10:00 am on September 23, 2026, and close at 5:00 pm on September 25, 2026. Members holding shares in dematerialized form as on the cut-off date of September 19, 2026, may cast their votes electronically through the Central Depository Services (India) Ltd (CDSL) system.

Pursuant to Section 91 of the Companies Act, 2013, the Register of Members and Share Transfer Books will remain closed from September 19, 2026, to September 26, 2026, inclusive. Electronic copies of the notice and annual report for FY25-26 will be sent to members with registered email addresses and will be available on the company website, CDSL, and stock exchange portals.