AVT Natural Products reported a sharp improvement in consolidated profitability for the first quarter of FY27, with net profit rising to ₹311 crore compared to ₹121 crore in the corresponding period of the previous fiscal year. The company’s top-line growth was equally robust, as revenue climbed to ₹2,412 crore from ₹1,324 crore year-on-year. These figures represent the consolidated results for the quarter ended June 30, 2026, approved by the Board of Directors on August 14, 2026.

Operating performance strengthened significantly during the period. Consolidated EBITDA increased to ₹390 crore from ₹149 crore in the prior year. This expansion in operating income was accompanied by a notable improvement in efficiency, with the EBITDA margin widening to 16.2% from 11.2% in the previous year.

What the Numbers Show

The divergence between revenue growth and profit growth highlights improved operational leverage. While revenue grew by approximately 82%, net profit surged by over 156%. This disproportionate rise in bottom-line figures relative to top-line growth suggests that cost structures scaled less than proportionally to sales volume, or that mix shifts favored higher-margin products. The expansion in EBITDA margin by nearly 500 basis points further confirms this operational efficiency gain.

Financial Highlights

Standalone Results

On a standalone basis, AVT Natural Products reported a net profit of ₹239 crore for the quarter, up from ₹94 crore in the same period last year. Standalone revenue from operations stood at ₹2,308 crore, compared to ₹1,249 crore previously. The standalone EBITDA margin also improved to 16.3% from 9.4% year-on-year.

The unaudited financial results were reviewed by M/s Suri & Co., Chartered Accountants, the statutory auditors of the company. The consolidated results include subsidiaries in the UK, Mexico, USA, and UAE.

avt natural products will hold its 40th Annual General Meeting (AGM) on Monday, August 17, 2026, at 11:30 am IST via Video Conferencing or Other Audio-Visual Means. The primary objective is to secure shareholder approval for the appointment of Mr. K. Nandakumar as Manager & Chief Executive Officer for a five-year term and to appoint Mr. Siddharth Thomas as a Non-Executive Director. These moves formalize leadership transitions initiated by the Board in mid-2026, ensuring continuity in strategic execution for the natural products manufacturer.

The meeting agenda also includes ordinary business items: adopting the audited financial statements for the financial year ended March 31, 2026, declaring a final dividend, and reappointing Mr. Rahul Thomas as a director upon his retirement by rotation. The virtual format complies with Ministry of Corporate Affairs (MCA) General Circular No. 20/2020 and subsequent updates, including General Circular No. 03/2025 dated September 22, 2025.

Key Board Appointments

Under special business, shareholders will vote on two critical resolutions. First, an ordinary resolution will appoint Mr. Siddharth Thomas (DIN: 07431990) as a Non-Executive Director. He was initially appointed as an Additional Director by the Board on June 9, 2026, under Section 161(1) of the Companies Act, 2013. Mr. Thomas holds a Bachelor’s degree in Science from Purdue University, USA, and brings expertise in public equity analysis and portfolio management. He is eligible to retire by rotation.

The second item is a special resolution to appoint Mr. K. Nandakumar as Manager & Chief Executive Officer, effective from May 28, 2026, to May 27, 2031. The Board initially approved his appointment on May 28, 2026, subject to member consent. Mr. Nandakumar joined the company as CEO on September 1, 2025, bringing over three decades of experience from global firms including Philips, GE, 3M, Honeywell, and TVS Rubber. He holds a Mechanical Engineering degree from Bangalore University and completed the Executive Management Program at IIM Bangalore.

Remuneration Structure

Mr. Nandakumar’s remuneration is structured within the limits of Section 197 of the Companies Act, 2013, read with Schedule V. The package details are as follows:

Additional benefits include provident fund contributions, gratuity, leave encashment, and communication facilities. In years with inadequate profits, remuneration may be paid up to the minimum limits specified in Part II of Section II of Schedule V.

Voting Logistics and Shareholder Rights

Shareholders holding shares as of the cut-off date, Monday, August 10, 2026, are eligible to vote. Remote e-voting will be open from 9:00 am on Friday, August 14, 2026, to 5:00 pm on Sunday, August 16, 2026, via Central Depository Services (India) Limited (CDSL). The book closure period runs from Tuesday, August 11, 2026, to Monday, August 17, 2026. Proxy appointment is not available for this virtual meeting. M/s. V Suresh Associates has been appointed as the scrutinizer to ensure a fair voting process.

The company has transferred unpaid dividends from FY2017-18 and FY2018-19 to the Investor Education & Protection Fund (IEPF). Shareholders are urged to claim unencashed dividends immediately to avoid further transfers to the IEPF Authority. Physical share transfers are no longer permitted; all holdings must be in demat form.