Cybele Industries has scheduled its 33rd Annual General Meeting for September 25, 2026, to present its annual report for FY26. The company announced a significant financial turnaround, reporting a consolidated net profit of ₹351.3 crore for the year ended March 31, 2026, compared to a net loss of ₹136.0 crore in FY25.

The company filed the notice convening the meeting and the accompanying report with the Bombay Stock Exchange on September 2, 2026. Shareholders must be on the register as of the record date to participate in the meeting or exercise e-voting rights.

Financial Performance

Consolidated gross revenue grew to ₹359.7 crore in FY26 from ₹204.3 crore in FY25. The improvement in profitability was driven by operational performance and other income components.

Key Dates and Schedule

The following timeline applies to the upcoming corporate action:

Meeting Details

The AGM is scheduled to begin at 4:00 pm IST via video conferencing or other audio-visual means. The agenda includes the re-appointment of Mr. George Puthuveethil Joy as a director liable to retire by rotation and the appointment of Mr. S Muralikrishna as an Independent Director for a five-year term commencing from August 11, 2026.

Shareholders will also consider material related party transactions with subsidiaries Cybele Electra Private Limited and Cybele Electronics Private Limited. The proposed aggregate value for transactions with Cybele Electra is up to ₹90 crore, while transactions with Cybele Electronics are capped at ₹40 crore. Inter-subsidiary transactions between the two entities are capped at ₹15 crore each.

Cybele Industries reported a standalone net profit of ₹27.28 lakh for the quarter ended June 30, 2026, a significant decline from the ₹757.14 lakh profit recorded in the corresponding period of FY26. However, on a consolidated basis, the company posted a net loss of ₹25.98 lakh, contrasting sharply with the consolidated net profit of ₹558.44 lakh in Q1FY26. The divergence between standalone profitability and consolidated losses highlights the financial impact of its subsidiaries during the quarter.

The Board of Directors approved these unaudited standalone and consolidated financial results along with the limited review report issued by statutory auditors Karpagam Krishnan & Natarajan Chartered Accountants. The filing was made pursuant to Regulation 30 and Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The Board also took on record the Secretarial Audit Report for the financial year ended March 31, 2026, issued by Mrs. Parimala Natarajan.

Financial Performance Overview

Standalone revenue from operations stood at ₹878.49 lakh in Q1FY27, up from ₹390.11 lakh in Q1FY26. Total income from operations increased to ₹892.42 lakh from ₹1,376.75 lakh in the prior year quarter, driven by lower other income which dropped to ₹13.93 lakh from ₹986.64 lakh. Total expenses were ₹862.05 lakh compared to ₹622.58 lakh in Q1FY26.

On a consolidated basis, revenue from operations rose to ₹909.77 lakh from ₹462.15 lakh in Q1FY26. However, total expenses increased to ₹920.62 lakh from ₹894.14 lakh. The consolidated result was impacted by higher finance costs and employee benefits, leading to the net loss.

Corporate Governance and Appointments

The Board approved material related-party transactions involving Cybele Electra Private Limited and Cybele Electronics Private Limited, both subsidiary companies. These transactions are subject to shareholder approval and other necessary regulatory consents. Additionally, the Board approved the revision in remuneration for the Company Secretary & Compliance Officer, effective from a date to be decided by the Board.

S. Muralikrishna was appointed as an Additional Independent Director effective August 11, 2026, subject to shareholder approval at the ensuing Annual General Meeting. This appointment aims to ensure compliance with Regulation 17 of the SEBI LODR Regulations and Section 149 of the Companies Act, 2013, regarding board composition. Mr. Muralikrishna has over 30 years of experience in corporate laws and governance. He has been added to the Audit Committee and the Nomination and Remuneration Committee.

What the Numbers Show

The most critical observation is the stark contrast between standalone and consolidated performance. While the core holding company operations generated a modest profit, the subsidiaries collectively dragged down the group’s bottom line, resulting in a consolidated net loss of ₹25.98 lakh. The auditor’s report notes that three subsidiaries hold total assets of ₹9,837.37 lakh but contributed to a total net loss after tax of ₹25.98 lakh for the period. This suggests that the group’s profitability is currently sensitive to the operational efficiency of its subsidiary entities, particularly in the cables and real estate segments where segment results varied significantly.

The Board also reconstituted the Audit Committee and Nomination and Remuneration Committee with immediate effect. Furthermore, A. John Moris & Co., Chartered Accountants, were re-appointed as Internal Auditors for the financial year 2026-27 following the expiry of their previous term.