Choksi Asia Limited has scheduled its 34th Annual General Meeting for Tuesday, September 29, 2026. The meeting will commence at 11:00 am through video conferencing or other audio-visual means.

The company confirmed the schedule in a filing with the Bombay Stock Exchange on September 4, 2026. The virtual format ensures compliance with the Companies Act, 2013 and SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Meeting Details

The AGM is organized by Choksi Asia Limited, formerly known as Choksi Imaging Limited. Rishi Dave, Company Secretary, issued the intimation from the company’s Mumbai office.

The company maintains its registered office in Silvassa, Dadra & Nagar Haveli, with branch offices in Delhi and Chennai.

Choksi Asia Limited company name reported a contraction in top-line growth for the first quarter of FY27, with total income from operations falling 22.5% year-on-year to ₹922.10 lakh. The decline marks a significant slowdown from the ₹1,189.75 lakh recorded in Q1FY26 and follows a sharper drop from the preceding quarter’s ₹1,186.31 lakh. Despite the revenue pressure, the company maintained profitability, reporting a net profit before tax of ₹154.08 lakh, a slight increase from ₹151.60 lakh in the same period last year. This resilience in bottom-line performance amidst declining sales suggests improved cost management or operational efficiency during the period.

The Board of Directors approved the unaudited financial results at a meeting held on August 11, 2026. The results were subsequently published in Janadesh and Silvassa Mirror on August 12, 2026, in compliance with regulatory disclosure norms. The Statutory Auditors carried out a limited review of the results in accordance with Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, expressing an unmodified conclusion. The figures for the quarter ended March 31, 2026, represent balancing figures between audited full-year data and limited reviewed year-to-date figures up to December 31, 2025.

Financial Performance Highlights

The company’s financial metrics for the quarter reflect a divergence between revenue trends and profitability. While income from operations declined significantly, the net profit before tax remained stable relative to the prior year. Total comprehensive income for the period was ₹96.16 lakh, down from ₹107.43 lakh in Q1FY25 but higher than the ₹75.21 lakh reported in Q4FY26. The paid-up equity share capital remained unchanged at ₹570.11 lakh, with a face value of ₹10 per share.

Earnings per share (EPS) for the quarter stood at ₹1.69, a decrease from ₹1.88 in Q1FY26 but an improvement over the ₹1.32 reported in Q4FY26. The annual EPS for FY26 was ₹9.36. The company did not declare any dividend for the quarter, and reserves excluding revaluation reserves remained at ₹3,101.67 lakh as per the audited balance sheet of the previous year.

What the Numbers Show

The primary analytical observation from Q1FY27 is the decoupling of revenue and profit trends. While total income from operations dropped by nearly 23% compared to the prior year, net profit before tax actually grew by approximately 1.6%. This indicates that Choksi Asia Limited may have benefited from cost reductions or margin expansion in specific segments, allowing it to protect its bottom line despite a weaker sales environment. However, the sequential drop in revenue from Q4FY26 to Q1FY27 suggests ongoing operational headwinds that warrant monitoring in subsequent quarters. The stability of comprehensive income relative to the previous quarter also points to controlled volatility in other income or expense items.