Basant Agro Tech (India) Ltd reported a 68.3% increase in net profit after tax (PAT) to ₹701.04 lakh for FY26, compared with ₹416.59 lakh in the previous year. The growth was underpinned by a robust top-line expansion, with total revenue from operations rising 22.7% to ₹5,679.88 lakh.

The company's earnings per share (EPS) improved to ₹0.77 from ₹0.46 in FY25. Operating profit before interest and depreciation (PPOP) grew 10.6% to ₹315.02 lakh, reflecting disciplined cost management despite volatile raw material prices.

Segment Performance

The Fertiliser Division was the primary growth engine, recording its highest-ever turnover of ₹3,314.46 lakh, up 23.1% year-on-year. This segment contributed significantly to the overall volume growth.

The LABSA division more than doubled its contribution to ₹887.16 lakh, highlighting the success of the company's diversification strategy. Conversely, the Seed Division saw a slight contraction of 3.0% to ₹1,425.03 lakh, remaining resilient in a competitive market.

What the Numbers Show

While revenue grew by over ₹1,000 crore, other income declined sharply from ₹76.28 lakh to ₹43.37 lakh. This divergence indicates that the substantial improvement in PAT was driven entirely by core operational efficiencies and volume gains rather than non-operating gains. Additionally, finance costs remained relatively stable at ₹1,354.35 lakh despite a significant increase in short-term borrowings, suggesting effective interest rate management or hedging strategies during the period.

Balance Sheet and Dividends

Total assets expanded to ₹4,852.90 lakh from ₹4,031.87 lakh, driven by higher inventory levels (₹2,174.89 lakh) and trade receivables (₹1,077.21 lakh). Current liabilities rose to ₹2,632.74 lakh, primarily due to an increase in cash credit borrowings to ₹1,521.69 lakh to fund working capital requirements.

The Board recommended a final dividend of ₹0.05 per share (5%), maintaining the same payout ratio as the previous year. The dividend will absorb ₹45.31 lakh.

Basant Agro Tech (India) Ltd has scheduled its 36th Annual General Meeting for September 30, 2026. The meeting will be held at Krishi Sanjivani Office in Akola, Maharashtra, at 4:00 pm.

The company disclosed the notice under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulation 2015. Shareholders on record as of September 23, 2026, are eligible to vote. The remote e-voting period opens on September 27, 2026, at 11:00 am and closes on September 29, 2026, at 5:00 pm.

Agenda Highlights

The ordinary business includes receiving and adopting the audited financial statements for FY26. The board also proposes to declare a dividend on equity shares. Additionally, Mr. Rameshwar Kabra retires by rotation and offers himself for reappointment as a director.

Special business items focus on auditor appointments. The board seeks approval to reappoint M/s K.C Kankariya & Co., Mumbai, and M/s P.C Bhandari & Co., Akola, as statutory auditors for a second term of five years. This appointment aligns with Section 139 of the Companies Act 2013.

The meeting will also ratify the remuneration of Mr. Jayant Galande, Cost Accountant, for the cost audit of FY27. The approved remuneration is ₹75,000 plus applicable taxes and reimbursement of actual travel and out-of-pocket expenses.

Voting Process

National Securities Depository Limited (NSDL) will facilitate remote e-voting. Individual shareholders holding securities in demat mode can log in via their depository accounts. Physical shareholders must use their folio numbers and EVENs to access the voting portal.

Institutional shareholders must submit scanned copies of board resolutions authorizing representatives to vote. These documents should be emailed to the scrutinizer, Mr. Raghav Khatod, with a copy to NSDL. The scrutinizer will submit a consolidated report within 48 hours of the AGM conclusion.