Coastal Roadways sets book closure from July 20 for AGM

0 min read     Updated on 22 Jun 2026, 01:08 PM
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AI Summary

Coastal Roadways Limited will close its register of members and share transfer books from July 20, 2026 to July 24, 2026 for its Annual General Meeting on August 13, 2026, in compliance with SEBI regulations.

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Coastal Roadways Limited has announced the closure of its register of members and share transfer books from July 20, 2026 to July 24, 2026. This measure is undertaken to determine the eligibility of shareholders for the upcoming Annual General Meeting (AGM). The AGM is scheduled to be held on August 13, 2026.

The book closure period ensures that only shareholders recorded in the company's register during the specified dates are entitled to attend and vote at the meeting. The announcement was made in compliance with Regulation 42 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Key Dates

Event Date
Book Closure Start July 20, 2026
Book Closure End July 24, 2026
Annual General Meeting August 13, 2026

The corporate office of Coastal Roadways Limited is located at 1/1, Camac Street, 5th Floor, Kolkata. The company's scrip code on the BSE is 520131.

Historical Stock Returns for Coastal Roadways

1 Day5 Days1 Month6 Months1 Year5 Years
0.0%+5.00%-25.86%-23.77%-19.44%+38.42%

What key agenda items are expected to be proposed during the upcoming AGM?

How might the book closure period impact the trading volume of Coastal Roadways Limited shares?

What are the market's expectations regarding the company's performance review for the previous fiscal year?

Coastal Roadways net profit rises to ₹156 lakh in FY26

2 min read     Updated on 27 May 2026, 04:52 PM
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Coastal Roadways Limited reported a net profit of ₹156 lakh for FY26, up from ₹147 lakh in the previous year, with revenue from operations rising to ₹4137 lakh. The audited financial results were approved by the Board on May 26, 2026, and published in newspapers on May 27, 2026. The company also announced the reappointment of several Whole-time Directors, including Mr. Raja Saraogi and Mr. Kanhaiya Kumar Todi.

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Coastal Roadways Limited reported a net profit of ₹156 lakh for the financial year ended March 31, 2026, an increase from ₹147 lakh in the previous year. Revenue from operations for FY26 rose to ₹4137 lakh from ₹4100 lakh in FY25. The audited financial results were reviewed and approved by the Board of Directors at its meeting held on May 26, 2026. M/s. Patanjali & Co., the statutory auditors, issued an unmodified opinion on the audited financial results. The company published the audited financial results in the Financial Express and Arthik Lipi on May 27, 2026, in compliance with Regulation 47 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Financial Performance

The company's total income for the year stood at ₹4148 lakh, slightly lower than the ₹4152 lakh recorded in the previous fiscal year. Total expenses for FY26 were ₹3948 lakh, compared to ₹3944 lakh in FY25. The basic and diluted earnings per share (EPS) for the year were reported at ₹3.81, up from ₹3.50 in the prior year. For the quarter ended March 31, 2026, the company posted a net profit of ₹4 lakh, a decline from ₹64 lakh in the quarter ended December 31, 2025.

Segment Results

Coastal Roadways operates through two primary business segments: Freight Division and Supply Chain Solutions Division. The Supply Chain Solutions division reported a profit before tax and interest of ₹101 lakh for Q4FY26, while the Freight division reported a loss of ₹20 lakh for the same period. For the full year, the Supply Chain Solutions division contributed a profit of ₹351 lakh, whereas the Freight division recorded a loss of ₹39 lakh.

Board Appointments

The Board approved the reappointment of Mr. Raja Saraogi as Whole-time Director & Chief Financial Officer for a period of three years effective from May 29, 2026. Mr. Kanhaiya Kumar Todi was reappointed as Whole-time Director designated as Chairman, Managing Director & CEO for three years effective from August 5, 2026. Additionally, Mr. Sushil Kumar Todi was reappointed as Whole-time Director for three years effective from August 5, 2026. The Board also appointed Mr. Udit Todi, currently a Non-Executive Director, as Whole-time Director for three years effective from May 26, 2026. All appointments are subject to shareholder approval.

Financial Position

The company's total assets as of March 31, 2026, stood at ₹2780 lakh, an increase from ₹2648 lakh in the previous year. Shareholders' funds grew to ₹2497 lakh from ₹2340 lakh. Cash and cash equivalents decreased to ₹456 lakh from ₹493 lakh at the end of the previous fiscal year. The net cash generated from operating activities for the year was ₹244 lakh, while investing activities resulted in a net cash outflow of ₹267 lakh.

Financial Metrics (₹ in Lakhs) FY26 FY25
Revenue from Operations 4137 4100
Net Profit for the period 156 147
Total Income 4148 4152
Total Expenses 3948 3944
Earnings Per Share (Basic) 3.81 3.50

Historical Stock Returns for Coastal Roadways

1 Day5 Days1 Month6 Months1 Year5 Years
0.0%+5.00%-25.86%-23.77%-19.44%+38.42%

What strategies will management implement to reverse the Freight division's losses and improve its profitability?

How does the company plan to utilize the increased assets and shareholders' funds to drive future growth?

Will the decline in net profit to ₹4 lakh in Q4 FY26 impact the company's dividend policy or capital allocation plans?

More News on Coastal Roadways

1 Year Returns:-19.44%