Cargotrans Maritime has fixed September 21, 2026, as the record date for determining shareholders eligible for the final dividend for FY26. The Board recommended a dividend of ₹0.70 per equity share, subject to shareholder approval at the 13th Annual General Meeting (AGM) scheduled for September 28, 2026.

The company will close its register of members from September 22 to September 27, 2026. Remote e-voting for the AGM will be available from September 25 to September 27, 2026. The meeting will be held via video conference or other audio-visual means.

Dividend Details

Shareholders whose names appear in the depository records as beneficial owners at the end of business hours on Monday, September 21, 2026, will be eligible for the dividend. The payout represents a 7% return on the face value of ₹10 per share, an increase from ₹0.50 per share in the previous year.

The dividend will be paid within 30 days from the date of the AGM. The book closure period runs from Tuesday, September 22, 2026, to Sunday, September 27, 2026.

Financial Performance

For FY26, the company reported a standalone revenue from operations of ₹9,718.75 million, up from ₹7,967.38 million in the prior year. Standalone profit after tax (PAT) rose to ₹282.07 million, compared to ₹246.24 million previously.

On a consolidated basis, revenue grew to ₹11,070.97 million from ₹8,747.20 million. Consolidated PAT increased to ₹535.18 million, up from ₹342.81 million in the previous fiscal year.

What the Numbers Show

The divergence between standalone and consolidated results highlights the contribution of subsidiaries to the group's profitability. While standalone PAT grew by approximately 14.5%, consolidated PAT surged by roughly 56.1%. This suggests that the group's subsidiaries, including Cargotrans Maritime Agencies Private Limited and Cargotrans Lines Pte Ltd, generated disproportionate profit growth relative to the holding company during the period.

Corporate Actions

Shareholders will vote on the re-appointment of Mr. Edwin Alexander as a director and Mr. Udayan Menon as an Independent Director for a five-year term ending September 9, 2032. The meeting will also seek approval for related party transactions with entities such as Cargotrans Maritime Agencies Private Limited and Cargotrans Lines Pte Ltd.

The company raised equity capital during the year through a preferential allotment of 1,241,666 shares at a premium of ₹110 per share. Additionally, it issued 1,650,000 convertible warrants at ₹120 each. The authorized share capital was increased to ₹800 million.

Cargotrans Maritime Limited reported a 56.2% increase in consolidated net profit to ₹535.18 lakh for the financial year ended March 31, 2026, compared to ₹342.81 lakh in the previous year. Total consolidated income for the period rose to ₹11,188.61 lakh from ₹8,798.20 lakh in FY25, driven by growth in revenue from operations. The board of directors recommended a dividend of ₹0.70 per share, subject to shareholder approval at the ensuing Annual General Meeting.

The standalone financial results for FY26 show a net profit of ₹282.07 lakh, up from ₹246.24 lakh in the previous year. Revenue from operations for the standalone entity increased to ₹9,718.75 lakh from ₹7,967.38 lakh in FY25. The company’s total consolidated assets stood at ₹5,880.54 lakh as of March 31, 2026, compared to ₹3,399.46 lakh a year earlier.

Financial Performance

The company’s earnings per share (EPS) on a consolidated basis improved to ₹11.00 for FY26 from ₹8.13 in the previous year. Standalone basic EPS was reported at ₹5.80, compared to ₹5.84 in FY25. Total expenses for the consolidated entity increased to ₹10,523.92 lakh from ₹8,356.09 lakh, primarily due to higher other expenses and employee benefit costs.

Capital Allocation and Dividend

The board approved a dividend of ₹0.70 per share, or 7%, on fully paid-up equity shares of ₹10 each. If approved by shareholders, the dividend will be dispatched within 30 days from the date of declaration. The company received ₹1,489.99 lakh from a preferential issue of equity shares and ₹495 lakh from convertible share warrants allotted in February 2026.

Auditor’s Report

Statutory auditors M/s S N Shah & Associates issued an unmodified opinion on the standalone and consolidated audited financial results for the half year and financial year ended March 31, 2026. The auditors confirmed that the financial statements present a true and fair view in conformity with applicable accounting standards. The report noted that a newly incorporated subsidiary, Cargotrans Liquid & Bulk Agencies Pvt Ltd, had not commenced operations as of March 31, 2026, and was not included in the consolidated financial statements.