Bilcare Limited, the promoter of Caprihans India Limited , has increased its shareholding to 62.92% following the conversion of 14,40,000 warrants into equity shares. The conversion took place in three tranches on May 28, May 29, and May 30, 2026, as part of the financial year 2026-27. The warrants were converted at a price of ₹200 per share, comprising a face value of ₹10 and a premium of ₹190.

Shareholding Details

The conversion of warrants has significantly altered the promoter's holding pattern in the company. Prior to the first tranche of conversion on May 28, 2026, Bilcare Limited held 94,78,325 equity shares, representing 59.56% of the total equity share capital. Following the final tranche on May 30, 2026, the holding increased to 1,09,18,425 equity shares, or 62.92% of the total equity share capital.

The following table outlines the changes in shareholding across the three conversion tranches:

Warrant Conversion Breakdown

Bilcare Limited initially held 20,20,000 convertible warrants. The company exercised its right to convert these instruments into equity shares in three separate installments. The first tranche involved the conversion of 5,20,000 warrants on May 28, 2026. The second tranche saw the conversion of another 5,20,000 warrants on May 29, 2026. The final tranche involved the conversion of 4,00,000 warrants on May 30, 2026.

Following these conversions, Bilcare Limited retains a balance of 5,80,000 convertible warrants. The disclosures were made to the Board of Directors of Caprihans India Limited on June 1, 2026, in compliance with Regulation 7(2)(a) of the SEBI (Prohibition of Insider Trading) Regulations, 2015.

Transaction Values

The total value of the shares acquired through these conversions was derived from the issue price of ₹200 per warrant. For the first two tranches of 5,20,000 shares each, the transaction value amounted to ₹10,40,00,000. For the third tranche of 4,00,000 shares, the transaction value was ₹8,00,00,000. The value represents 100% of the issue price, with 25% paid at the time of warrant allotment and the remaining 75% paid at the time of conversion into equity shares.

Caprihans India Limited returned to profitability in the fourth quarter of FY26, reporting a consolidated net profit of ₹7.04 crore, a significant turnaround from the net loss of ₹15.60 crore in the same period last year. Total income from operations for the quarter rose to ₹201.48 crore, up from ₹191.23 crore in Q4 FY25. The company also posted a standalone net profit of ₹6.31 crore for the quarter ended 31 March 2026.

For the full financial year, Caprihans India Limited narrowed its consolidated net loss to ₹47 crore, an improvement from the net loss of ₹62.66 crore recorded in FY25. Total income for the year stood at ₹742.92 crore, slightly lower than the ₹767.57 crore reported in the previous fiscal year. The standalone financial results followed a similar trend, with the company reducing its annual net loss to ₹48.17 crore.

The audited financial results were filed with BSE Limited under Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The extract of the results was published in the Financial Express and Loksatta on 27 May 2026. The equity share capital of the company increased to ₹15.91 crore during the year from ₹14.62 crore in the previous year.

Financial Performance Summary

The following table outlines the key financial metrics for the standalone and consolidated results for the quarter and year ended 31 March 2026:

Earnings Per Share

The company reported a basic earnings per share (EPS) of ₹4.80 on a consolidated basis for Q4 FY26, compared to ₹1.65 in the corresponding quarter of the previous year. For the full year, the diluted EPS stood at (₹32.08), reflecting the net loss for the period. The standalone basic EPS for the quarter was ₹4.31.