Bhatia Comms Operations Hit by Surat Floods, Loss Assessment Ongoing

Bhatia Communications & Retail (India) Ltd reported temporary disruption of operations at two locations in Surat due to severe urban flooding on July 09, 2026. Continuous and unprecedented torrential rainfall caused widespread inundation, leading to floodwaters entering the company's premises. The incident damaged furniture, fixtures, and stock, though the firm stated it does not anticipate any material impact on its overall operations or activities.

The affected sites include Shop No. 201 to 205, First Floor, Bhatia Complex, Near Sosyo Circle, Bamroli Road, Bamroli, Surat, Gujarat – 394210, along with the basement warehouse at the same premises. Additionally, operations at Poddar Arcade, Shop No. 242 to 243, Ground Floor, Khand Bazar, Varachha, Surat – 395006, were disrupted.

The company is currently in the process of ascertaining the actual loss arising from the incident. In a disclosure to BSE Limited, the firm confirmed that it has adequate insurance coverage to address the damages.

Impact Assessment

The following table outlines the current status of the event's impact as disclosed by the company:

Details of Event	Information Provided
Expected quantum of loss/damage caused	The Company is currently ascertaining the actual loss arising out of the said incident.
Whether loss/damage is covered by insurance	Yes, the Company has adequate insurance coverage.
Estimated impact on operations	Not Applicable
Factory/unit where the strike/lock out takes place	Not Applicable

The intimation was submitted pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Chintikaben Hasmukhbhai Shah, Company Secretary and Compliance Officer, signed the disclosure on behalf of Bhatia Communications & Retail (India) Ltd.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
+4.15%	+2.20%	-1.48%	+16.05%	+7.57%	+191.23%

Bhatia Communications & Retail (India) Limited has fixed Saturday, July 18, 2026, as the record date to determine shareholder eligibility for the payment of a final dividend. The dividend of Re. 0.01 per equity share, amounting to 1%, is subject to approval by shareholders at the 18th Annual General Meeting scheduled for July 25, 2026. The intimation was submitted to BSE Limited pursuant to Regulation 42 of the SEBI LODR Regulations.

Dividend entitlement will be granted to beneficial owners as per details furnished by the National Securities Depository Limited and the Central Depository Services (India) Limited as on the close of business on July 18, 2026. The company operates 340 stores across Gujarat, Maharashtra, and Rajasthan.

Financial Performance

For the financial year ended March 31, 2026, the company reported a 33.85% increase in total revenue to ₹595.25 crore, compared to ₹444.69 crore in the previous year. Net profit rose 21.36% to ₹16.76 crore from ₹13.82 crore in FY25.

Particulars	Year ended 31.03.2026 (₹ in lakh)	Year ended 31.03.2025 (₹ in lakh)
Revenue from operations	59,142.50	44,271.74
Other Income	382.03	196.83
Total Revenue	59,524.52	44,468.57
Net Profit for the Year	1,676.41	1,381.71

Operational Updates

During the year, the company converted 1,55,00,000 convertible warrants into fully paid-up equity shares. This included the allotment of 50,00,000 shares on September 30, 2025, and 1,05,00,000 shares on March 09, 2026. Consequently, the paid-up share capital increased to ₹140.65 crore as on March 31, 2026. The company received ₹27.61 crore as the balance consideration for the conversion of these warrants.

Corporate Governance

The Board has proposed the appointment of M/s. R Kejriwal & Co., Chartered Accountants, as the statutory auditors for a term of five years, replacing M/s. R P R & Co. The proposed audit fees for the financial year 2026-27 are ₹2,00,000. Shareholders will also vote on re-appointing Mr. Nikhil Harbanslal Bhatia as a Whole Time Director and increasing the company's borrowing and investment limits to ₹200 crore under Sections 180 and 186 of the Companies Act, 2013.