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.

Cargotrans Maritime Limited has announced the board approval for incorporating a wholly owned subsidiary, marking a strategic expansion into new business verticals. The board meeting, held on March 31, 2026, concluded with the approval to establish CML Investments Private Limited as a subsidiary company.

Board Meeting Details

The Board of Directors convened on March 31, 2026, with the meeting commencing at 11:00 AM and concluding at 11:30 AM. The primary agenda focused on the proposed formation of the wholly owned subsidiary, which received unanimous approval from the board members.

Subsidiary Company Structure

The newly approved subsidiary will be incorporated under the name CML Investments Private Limited with specific capital structure and operational focus:

Business Focus and Industry Vertical

CML Investments Private Limited will operate primarily in the real estate, securities, and investment trading industry. The subsidiary's business activities will encompass:

• Dealing in properties and immovable assets
• Securities trading and investment management
• Financial investment operations
• Real estate development and trading

Strategic Rationale

The formation of this wholly owned subsidiary represents a strategic diversification initiative for Cargotrans Maritime Limited. The company aims to broaden its business portfolio beyond its core shipping operations and create stability against sector-specific risks associated with the maritime industry. This expansion into real estate and financial investments is expected to provide additional revenue streams and enhance the overall business resilience.

Regulatory Compliance

The announcement was made in compliance with Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company has provided comprehensive disclosure details as required under the regulatory framework, ensuring transparency for stakeholders and market participants.

Investment Structure

The subsidiary formation involves cash consideration through subscription of equity shares. Cargotrans Maritime Limited will hold the entire equity share capital of ₹1,00,000, maintaining complete control over the subsidiary's operations and strategic direction. The incorporation process will proceed as per regulatory requirements, with no specific governmental approvals needed for this business structure.