Autofurnish reported a consolidated revenue from operations of ₹3,901.20 lakh for the financial year ended March 31, 2026, an 18% increase over the previous year. Despite the top-line growth, profit after tax remained broadly stable at ₹363.33 lakh, reflecting higher finance costs and working capital absorption.

The board of directors approved the annual report and director's report on August 31, 2026. Managing Director Puneet Arora signed off on the resolutions, ensuring compliance with Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company has scheduled its 11th Annual General Meeting (AGM) to be held via video conferencing on September 25, 2026.

Financial Performance

The company delivered resilient financial performance during FY26, supported by expanded scale across its distribution channels. However, earnings growth trailed revenue growth due to increased operational expenses.

On a standalone basis, revenue from operations grew 14.2% to ₹3,685.75 lakh, while profit after tax rose marginally by 3.4% to ₹321.02 lakh. The profit-before-tax margin on revenue from operations moderated to 13.0% from 14.3% in the prior year.

What the Numbers Show

While revenue expanded significantly, the pace of earnings growth lagged behind. Employee benefit expenses rose 24.2%, and finance costs increased sharply by 123.7% to ₹13,639.71 lakh (consolidated). This divergence indicates that higher borrowing costs and working capital build-up are currently offsetting the benefits of top-line scale. Management has identified demand-linked procurement and credit discipline as key priorities to improve cash conversion.

E-Voting Schedule

The company has engaged CDSL to provide remote e-voting facilities to shareholders. The voting window is open for four days in late September.

Only persons whose names are recorded in the register of members or beneficial owners as on the cut-off date are entitled to avail the facility. Remote e-voting will not be allowed beyond September 24, 2026, at 5:00 pm.

Key Resolutions and Governance

The board approved several administrative and compliance-related matters during the session:

• Appointment of CS Srishti Gupta as the secretarial auditor for the financial year ending March 31, 2027.
• Appointment of CS Srishti Gupta as the scrutinizer for e-voting at the 11th AGM to ensure fair and transparent processes.
• Re-appointment of Mr. Vipul Vashisht as a director liable to retire by rotation.
• Appointment of Mrs. Shrishti Gupta as an Independent Director.

No dividend was recommended for FY26. The profits have been retained to support working capital requirements, business expansion, and long-term growth. The company completed its initial public offering and listed its equity shares on the SME Platform of BSE Limited on May 29, 2026.

Autofurnish Limited reshuffled its board composition on August 18, 2026, accepting the resignation of its company secretary and an independent director while appointing a replacement to maintain regulatory compliance.

The Board of Directors approved the resignation of Ms. Srishti Narang (M. No A45898) from the designation of company secretary and compliance officer, effective August 18, 2026. In her resignation letter dated August 18, 2026, Narang cited personal reasons for stepping down from her role as a key managerial personnel. She released her responsibilities with immediate effect.

Simultaneously, the board noted the resignation of Mrs. Neha Sharma (DIN: 10618068), an independent director. Sharma tendered her resignation vide letter dated August 18, 2026, citing unavoidable personal circumstances and preoccupation in other business. Her resignation is effective immediately.

To address the vacancy on the board, Autofurnish appointed Mrs. Srishti Gupta (DIN: 11804113) as an additional director in the capacity of a non-executive independent director. This appointment is subject to shareholder approval for a consecutive term of five years. Gupta is described as a qualified professional with expertise in leadership, governance, and strategic decision-making.

Committee Reconstitution

Consequent upon Sharma’s resignation, the board reconstituted three key committees to ensure compliance with Section 177 and Section 178 of the Companies Act, 2013, and Regulation 18 of the SEBI LODR Regulations, 2015. Mrs. Srishti Gupta was appointed as a member to these committees effective August 18, 2026.

Audit Committee

The Audit Committee now comprises Mr. Sourav as chairperson, with Mrs. Srishti Gupta and Mr. Puneet Arora serving as members. All three hold the designation of non-executive independent directors.

Nomination and Remuneration Committee

The Nomination and Remuneration Committee retains the same composition as the Audit Committee. Mr. Sourav chairs the committee, while Mrs. Srishti Gupta and Mr. Puneet Arora serve as members.

Stakeholders Relationship Committee

The Stakeholders Relationship Committee includes Mr. Sourav as chairperson. The membership consists of Mrs. Srishti Gupta and Mr. Vipul Vashisht, both non-executive independent directors.

The board meeting commenced at 4:30 pm and concluded at 5:00 pm in Delhi. Managing Director Puneet Arora signed the disclosure pursuant to Regulation 30 of the SEBI LODR Regulations, 2015.