Calcom Vision Limited reported its highest-ever annual revenue for FY26, reaching ₹218.45 crore, a 38.71% increase from ₹157.26 crore in the previous fiscal year.

The growth was driven by product diversification, backward integration, and new customer acquisitions in the electronics and lighting sector. The company also received ₹1.80 crore in Production-Linked Incentive (PLI) payouts during the year.

Financial Performance

The significant top-line expansion reflects the company's strategic shift toward high-value products and enhanced manufacturing capabilities. While specific profit figures were not detailed in the speech, management emphasized a focus on improving profitability alongside volume growth.

Strategic Initiatives and Expansion

Calcom Vision expanded its manufacturing footprint by approximately 20,000 square feet in the last financial year. Key infrastructure upgrades included:

• Addition of five plastic extrusion machines.
• Installation of aluminum pressure die-casting facilities.
• Enhanced powder-coating capabilities.
• Strengthened backward integration to reduce operational dependencies.

The company operates 11 SMT lines for PCB assembly and two MI lines with wave soldering, supported by in-house R&D and tooling.

Customer Acquisition and PLI Update

During FY26, the company added major national brands including Gold Medal, Eveready, and R.R. Kabel as customers. For the current financial year, it has onboarded another major national brand in the lighting industry and is finalizing agreements with additional clients.

Under the Production-Linked Incentive Scheme for White Goods, Calcom Vision received ₹1.80 crore in incentives during FY26. The company has met the required sales and investment targets and is filing a claim for ₹6 crore for the same period.

What the Numbers Show

The 38.71% revenue jump indicates successful execution of the strategy to move beyond commoditized lighting into higher-margin electronics and solar solutions. The receipt of ₹1.80 crore in PLI incentives, representing roughly 0.8% of total revenue, suggests that while government incentives provide a boost, the core business growth is primarily driven by organic demand and new customer wins rather than subsidy dependence.

Outlook

Management plans to continue investing in automation, localization, and product development for FY27. The focus remains on outdoor professional lighting, solar solutions, and emerging electronics segments, while navigating challenges such as commodity price volatility and supply-chain disruptions.

Calcom Vision has scheduled its 41st Annual General Meeting for September 30, 2026. The meeting will be held via video conferencing or other audiovisual means at 12:30 pm.

The agenda includes ordinary business such as adopting financial statements for FY26 and re-appointing Sushil Kumar Malik as a director by rotation. Shareholders will also vote on special resolutions regarding management compensation and audit appointments.

Special Resolutions

The Board seeks shareholder approval for two key special business items:

• Cost Auditor Ratification: Members are asked to ratify the appointment of M/s Neeraj Sharma and Co. as Cost Auditors for FY27. The approved remuneration is ₹60,000 plus applicable taxes and out-of-pocket expenses.
• Managing Director Remuneration: A special resolution will fix the remuneration of Managing Director Sushil Kumar Malik for the remaining two-year tenure from July 31, 2026, to July 30, 2028. The package includes a basic salary of ₹90 lakh per annum, house rent allowance of ₹45 lakh, and a special management allowance of ₹45 lakh.

Voting Details

The cut-off date for determining eligible shareholders is September 23, 2026. Remote e-voting through National Securities Depository Limited (NSDL) will be open from September 27, 2026, at 9:00 am to September 29, 2026, at 5:00 pm.

Proxy voting is not available for this meeting, in line with Ministry of Corporate Affairs guidelines. However, body corporates may appoint authorized representatives to attend and vote electronically.

Source: https://lodr-files.dhan.co/lodr-inputs/Company/INE216C01010/61e5dd0b-2efd-4cdb-b30e-46e94af26674.pdf