Bhageria Industries Limited has incorporated a wholly owned subsidiary named Bhageria Rare Earth Minerals Private Limited on May 14, 2026. The company informed the exchanges regarding this development under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Details of the Subsidiary

The newly incorporated entity, Bhageria Rare Earth Minerals Private Limited, is classified as a related party of the company. The subsidiary was established to hold investments in different entities, aligning with the parent company's strategic objectives to expand its existing business operations. As it is a newly incorporated entity, the subsidiary has not yet commenced business operations, and consequently, its turnover is not applicable.

Financial and Structural Information

The company provided specific details regarding the capital structure and shareholding of the new subsidiary. The authorized share capital of Bhageria Rare Earth Minerals Private Limited stands at ₹1,00,000. Bhageria Industries Limited will subscribe to 100% of the share capital through cash infusion.

Strategic Impact and Approvals

The incorporation of the wholly owned subsidiary is intended to support the strategic expansion of Bhageria Industries Limited. The company noted that any transactions undertaken with the subsidiary would be conducted at an arm’s length basis. All necessary governmental or regulatory approvals required for the acquisition and operation of the subsidiary will be obtained as and when required.

Bhageria Industries Limited has released its audited standalone and consolidated financial results for the quarter and financial year ended March 31, 2026, as approved by the Board of Directors at its meeting held on May 2, 2026. The results were published in Business Standard (English) and Tarun Bharat (Marathi) on May 4, 2026, in compliance with Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Strong Revenue Growth in FY26

Bhageria Industries delivered a notable improvement in its top-line performance for the full financial year ended March 31, 2026. On a standalone basis, total income from operations (net) rose to ₹88,055.78 lakhs in FY26 from ₹60,407.65 lakhs in FY25. The consolidated total income from operations similarly increased to ₹88,078.83 lakhs in FY26 from ₹60,159.06 lakhs in FY25. The following table presents the key financial highlights for both standalone and consolidated performance:

Quarterly Performance Snapshot

For the quarter ended March 31, 2026, Bhageria Industries reported standalone total income from operations of ₹26,404.21 lakhs, compared to ₹24,535.34 lakhs in the quarter ended December 31, 2025, and ₹18,464.27 lakhs in the quarter ended March 31, 2025. The standalone net profit after tax for the quarter ended March 31, 2026 stood at ₹1,410.19 lakhs, against ₹1,202.07 lakhs in the preceding quarter and ₹1,651.31 lakhs in the corresponding quarter of the previous year.

On a consolidated basis, total income from operations for the quarter ended March 31, 2026 was ₹26,629.96 lakhs, compared to ₹24,450.29 lakhs in the quarter ended December 31, 2025, and ₹18,361.17 lakhs in the quarter ended March 31, 2025. Consolidated net profit after tax for the quarter ended March 31, 2026 was ₹1,129.60 lakhs, versus ₹1,083.98 lakhs in the preceding quarter.

Dividend Recommendation and Key Notes

The Board of Directors has recommended a dividend of ₹2.50 per share, representing 50% on equity capital at a face value of ₹5 per share, for the year ended March 31, 2026. This recommendation is subject to the approval of members at the ensuing Annual General Meeting. The Earnings Per Share (face value of ₹5 each, not annualised) on a standalone basis stood at ₹11.52 (basic and diluted) for FY26, compared to ₹9.68 in FY25. On a consolidated basis, basic and diluted EPS for FY26 was ₹10.56, against ₹9.26 in FY25.

Key disclosures accompanying the results include:

• The audited financial results for the year ended March 31, 2026 were reviewed by the Audit Committee and subsequently approved by the Board of Directors at their meeting held on May 2, 2026.
• The figures for the quarters ended March 31, 2026 and March 31, 2025 are balancing figures between audited full-year figures and published year-to-date figures up to the fourth quarter of the respective financial year.
• The full format of the financial results is available on the stock exchanges' websites ( www.bseindia.com and www.nseindia.com ) and on the company's website ( www.bhageriagroup.com ).

The results were signed by Suresh Bhageria, Chairman (DIN: 00540285), from Mumbai on May 4, 2026.