Camex Limited reported a net profit of ₹139.59 lakh for the first quarter of fiscal year 2027 (Q1FY27), ending June 30, 2026, representing a substantial year-on-year growth from ₹89.92 lakh in Q1FY26. The Ahmedabad-based engineering firm demonstrated robust operational resilience, with pre-tax profits rising to ₹188.92 lakh compared to ₹117.55 lakh in the same period last year, underscoring improved cost management and operational efficiency despite a marginal dip in top-line revenue.

The Board of Directors, chaired by Chairman & Managing Director Chandraprakash Chopra, approved the unaudited financial results on August 10, 2026, in compliance with Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The results were subsequently published in the Indian Express and Financial Express on August 11, 2026. The statutory auditors conducted a limited review of the financial statements, which were prepared in accordance with Ind AS under Section 133 of the Companies Act, 2013.

Financial Performance Overview

Total revenue from operations for the quarter was ₹4,091.29 lakh, a slight decrease from ₹4,147.15 lakh in the preceding quarter (Q4FY26) but an increase from ₹3,446.13 lakh in Q1FY25. The company maintained its paid-up equity share capital at ₹1,020.87 lakh. Earnings per share (EPS) stood at ₹1.37 for both basic and diluted metrics, up from ₹0.85 in the corresponding quarter of the previous fiscal year.

What the Numbers Show

The divergence between the slight revenue contraction and the sharp rise in net profit highlights a favorable margin expansion for Camex Limited in Q1FY27. While revenue declined by approximately 1.3% sequentially from Q4FY26, the net profit after tax remained resilient, driven by effective control over operational costs. The absence of exceptional items in the current quarter’s pre-tax profit calculation indicates that the growth is primarily operational rather than driven by one-off gains. This performance suggests that Camex is successfully optimizing its cost structure, allowing it to maintain profitability even when top-line growth faces temporary headwinds.

Camex Limited shareholders approved all 13 resolutions proposed at its 37th Annual General Meeting (AGM) held on August 7, 2026. The meeting, conducted via Video Conference (VC) / Other Audio-Visual Means (OAVM), saw strong support from public non-institutional investors for key agenda items, including the adoption of audited financial statements for FY26, the reappointment of director Rajesh Nahata, and multiple material related-party transactions. This outcome validates the company’s governance structure and strategic partnerships with group entities such as Camex Industries and Camex Speciality Private Limited.

The voting process was overseen by Mr. Ravi Kapoor of M/s. Ravi Kapoor & Associates, appointed as Scrutinizer by the Board on July 6, 2026. Remote e-voting was open from August 4, 2026, at 9:00 a.m. until August 6, 2026, at 5:00 p.m., with July 31, 2026, as the record date. A total of 4,022 shareholders were on record, representing 10,208,700 shares. Of these, 6,717,350 votes were polled overall, reflecting a 65.8% participation rate among promoters and public non-institutional investors combined.

Voting Breakdown by Resolution Type

The resolutions fell into two categories: ordinary resolutions without promoter interest (Resolutions 1 and 2), and ordinary or special resolutions involving related-party transactions where promoters abstained (Resolutions 3–13). In the first category, promoters voted in favor of 4,531,471 shares (99.89% of their holding). Public non-institutional investors cast 2,185,879 votes, with 99.9999% in favor. Public institutions did not vote.

For the remaining 11 resolutions involving related-party interests, the promoter group (holding 4,536,471 shares) abstained entirely, casting zero votes. Approval relied solely on public non-institutional investors, who held 5,671,229 shares and polled 1,132,241 votes (19.96% participation). These investors approved each resolution with 99.9998% support, with only two votes cast against in every instance. No invalid votes were recorded across any category.

Key Resolutions Approved

Shareholders approved the following material actions:

• Adoption of audited financial statements for FY26 along with Board and Auditor reports.
• Reappointment of Rajesh Nahata (DIN: 00278873) as a director retiring by rotation.
• Material related-party transactions with Camex Industries for job work of goods and materials.
• Transactions with Creative Texchem Private Limited, Camex Wellness Limited, and Camex Speciality Private Limited for purchase/sale of goods and materials.
• Rental agreements with Camex Speciality Private Limited and Chandraprakash Chopra HUF.
• Acceptance and granting of unsecured loans between Camex Limited and Camex Speciality Private Limited or Camex Wellness Limited.
• Appointment of Khushi Nahata, daughter of Whole-Time Director Rajesh Nahata, to hold an office or place of profit.

Governance and Compliance

The proceedings adhered to Regulation 44(3) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and relevant Ministry of Corporate Affairs (MCA) circulars, including MCA Circular No. 14/2020 dated April 8, 2020, and subsequent updates through Circular No. 09/2024 dated September 19, 2024. Statutory Auditors Surana Maloo & Co. and Internal Auditors A.H. Jain & Co. attended the meeting. Vishal Vadhvana, Company Secretary and Compliance Officer, confirmed no qualifications in auditor reports. The Scrutinizer’s consolidated report was issued on August 8, 2026, and uploaded to the company’s website.