Cura Global confirms no encumbrances on Orient Ceratech shares in FY26

Cura Global Holdings Limited, the promoter of Orient Ceratech Limited , has confirmed that it did not create any encumbrances on its shares during the financial year 2025-26. The disclosure was submitted to the Bombay Stock Exchange and the National Stock Exchange of India on April 07, 2026, in compliance with Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. This declaration assures the exchanges that the promoter's shareholding remains free from charges such as pledges or hypothecation.

The filing details the shareholding pattern of the promoter and promoter group as of March 31, 2026. According to the submitted data, Cura Global Holdings Limited holds a total of 2,83,89,494 shares in Orient Ceratech Limited. The document explicitly states that the number of encumbered shares is zero, meaning the entire holding is unencumbered. This shareholding represents 23.73% of the total share capital of the target company.

Shareholding Details

The declaration provides a breakdown of the promoter's holding status in Orient Ceratech Limited. The table below outlines the specific figures reported to the exchanges.

Particulars	Number of shares	No. of Shares encumbered	% of encumbered shares (of total Promoter & promoter group)
Shares	2,83,89,494	0	23.73%
Total	2,83,89,494	0	23.73%

Orient Ceratech Limited, formerly known as Orient Abrasives Limited, is listed on both the Bombay Stock Exchange and the National Stock Exchange of India. The scrip codes provided in the filing are 504879 for the BSE and ORIENTABRA for the NSE. The disclosure was signed by a Director of Cura Global Holdings Limited and authenticated with the company's common seal in Mauritius.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
+0.42%	-6.21%	-8.13%	-8.42%	+3.23%	+41.00%

Orient Ceratech Limited reported a consolidated net profit of ₹2,185.85 lakh for the financial year ended March 31, 2026, marking a 94.2% increase compared to ₹992.59 lakh in the previous year. The company's standalone net profit for the year stood at ₹1,868.21 lakh, up from ₹961.49 lakh in FY25. Revenue from operations for the consolidated entity rose to ₹40,360.41 lakh in FY26 from ₹32,710.21 lakh in the prior year, driven primarily by the Alumina Refractories & Monolithics products & bauxite ores segment.

The Board of Directors, in its meeting on May 27, 2026, approved the audited standalone and consolidated financial results for the quarter and year ended March 31, 2026. M/s. Sanghavi & Co., Statutory Auditors, issued an audit report with an unmodified opinion on these results. The board recommended a dividend of 35%, or ₹0.35 per equity share, for FY26, subject to shareholder approval at the ensuing Annual General Meeting.

Q4 Standalone Financial Performance

Orient Ceratech's Q4 standalone results reflected continued growth momentum, with net profit rising to ₹517.56 lakh from ₹285.57 lakh in the same quarter of the previous year. Revenue for the quarter increased to ₹9,524.08 lakh from ₹8,585.37 lakh year-on-year. EBITDA for Q4 stood at ₹629.92 lakh compared to ₹365.61 lakh in the corresponding prior-year period, while EBITDA margin expanded to 6.61% from 4.26% year-on-year.

Metric	Q4 Current (₹ in Lacs)	Q4 Previous (₹ in Lacs)	Change (YoY)
Standalone Net Profit	517.56	285.57	+81.23%
Revenue	9,524.08	8,585.37	+10.93%
EBITDA	629.92	365.61	+72.30%
EBITDA Margin	6.61%	4.26%	+235 bps

Full-Year Consolidated Financial Performance

The Alumina Refractories & Monolithics products & bauxite ores segment reported a revenue of ₹39,708.81 lakh for the consolidated entity in FY26, while the Power division contributed ₹651.60 lakh. Total consolidated assets stood at ₹41,564.39 lakh as of March 31, 2026, compared to ₹41,783.03 lakh in the previous year. Cash and cash equivalents increased to ₹793.19 lakh from ₹524.22 lakh at the end of FY25.

Metric	Consolidated FY26 (₹ in Lacs)	Consolidated FY25 (₹ in Lacs)	Change (%)
Net Revenue from Operations	40,360.41	32,710.21	23.40%
Net Profit for the Year	2,185.85	992.59	94.20%
Total Equity	30,205.67	28,296.95	6.70%
Earnings Per Share (Face Value ₹1)	1.83	0.83	120.50%

The board also approved a commission of 5% on the net profits for FY26 to Mr. Manan Shah, Managing Director, within the limits approved by shareholders.

Strategic Decisions and Appointments

The board approved the sale of the Thermal Power Station (Power Division) at the company's Porbandar Plant to SS Fabrication for a consideration of ₹3,75,00,000 plus applicable taxes. The agreement is expected to be executed within 15 days, with the disposal process anticipated to take approximately six months. The power division functioned as a captive unit, and its generation was used for the company's own production.

On the governance front, the board approved the re-appointment of Mr. Ketan Shrimankar as a Non-Executive Independent Director for a second term of two years effective from August 11, 2026, subject to shareholder approval. Additionally, Mr. Krupal Upadhyay was appointed as Company Secretary & Compliance Officer and designated as Key Managerial Personnel effective June 1, 2026. The resignation of Mrs. Seema Sharma as Company Secretary & Compliance Officer, effective April 7, 2026, was also recorded. The board meeting commenced at 12:30 pm and concluded at 3:45 pm on May 27, 2026.