Promoter Pradeep Maheshwari has declared that no new encumbrance has been created on the shares of Brand Concepts Limited during the financial year ending March 31, 2026. The disclosure confirms that no direct or indirect encumbrance exists other than those previously reported to the stock exchanges. This filing ensures transparency regarding the pledging or hypothecation of promoter holdings.

The declaration was submitted pursuant to Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. This regulation mandates promoters to disclose any encumbrance on shares to provide shareholders with material information regarding the security of promoter holdings.

The filing was made on April 3, 2026, from Indore. It covers the status of shares held by the promoter and specific members of the promoter group. The disclosure is signed and verified by Pradeep Maheshwari in his capacity as a promoter of the company.

The following entities were included in the declaration submitted to the exchanges:

The declaration confirms that the information provided is true and correct to the best of the promoter's knowledge.

Brand Concepts has reported its audited standalone and consolidated financial results for the quarter and financial year ended March 31, 2026. The board approved the results during a meeting held on May 20, 2026. The company also released an investor presentation detailing its strategic transformation and operational highlights for the period.

Financial Performance

For the financial year ended March 31, 2026, the company reported a net profit of INR 0.97 Cr, a decrease from INR 5.23 Cr in the previous year. Revenue from operations for the year stood at INR 348.07 Cr, compared to INR 291.92 Cr in the prior year, reflecting growth of 19.2%. EBITDA stood at INR 31.34 Cr, down from INR 34.17 Cr, with margins moderating to 9.0% from 11.7% due to higher fixed costs and new brand investments.

In the quarter ended March 31, 2026, the net profit was INR 0.52 Cr, down from INR 1.58 Cr in the corresponding quarter of the previous year. Total revenue for the quarter increased to INR 90.42 Cr from INR 72.32 Cr in the same period last year, a rise of 25.0%. EBITDA for the quarter grew 4.1% YoY to INR 8.7 Cr, though margins moderated to 9.7%.

Operational Highlights

The company identified "Travel Gear and related accessories" as its single reportable operating segment. During the year, the company commenced commercial production at its new manufacturing facility in Vikram Udyog Puri, Ujjain, Madhya Pradesh, effective July 16, 2025. The plant has an installed capacity of 3.5 lakh units per annum. Additionally, a new 102,000 sq. ft warehouse with a capacity of 12 lakh units was established to support expansion.

Strategic Outlook and Challenges

Management highlighted that near-term moderation in profitability is a deliberate outcome of expansion, manufacturing scale-up, and brand launches. The company is prioritizing efficiency over expansion to improve operating leverage. Key challenges include raw material inflation, with Polycarbonate costs surging approximately 77%, and INR depreciation impacting input costs. The company received the first instalment of INR 1.56 Cr towards a capital subsidy of INR 10.96 Cr sanctioned by the State Government.

Key Financial Metrics

The following table summarizes the standalone financial performance for the year:

The board noted that there was no deviation in the utilization of proceeds from the issuance of warrants. The trading window, closed since April 1, 2026, will reopen 48 hours after the declaration of these results.

Source: https://lodr-files.dhan.co/lodr-inputs/Company/INE977Y01011/e964353ff77c4d26.pdf