Danube Industries appointed Ajay Kumar Jha as a Non-Executive, Non-Independent (Additional) Director effective June 9, 2026, subject to the approval of the company's members. The Board of Directors approved the appointment during its meeting held on June 9, 2026. Jha will serve in this capacity and is liable to retire by rotation.

The appointment follows the disclosure requirements under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company confirmed that Jha is not disqualified under the circulars issued by BSE and NSE dated June 20, 2018. There are no reported relationships between Jha and the existing directors of the company.

Director Profile

Ajay Kumar Jha brings extensive experience to the role. He currently serves as the Chairman & Managing Director of Fox Capital & Investment Limited Group, overseeing operations in India and globally. Additionally, he holds the position of Chairman at the Fox Petroleum Group of Companies.

Appointment Details

Danube Industries Limited has released its audited standalone financial results for the quarter and year ended March 31, 2026, following approval by the Board of Directors at their meeting held on May 18, 2026. The statutory auditors, M/s. U B G & Company, Chartered Accountants (FRN: 141076W), issued an unmodified opinion on the standalone financial results for the year ended March 31, 2026, confirming compliance with Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 and Indian Accounting Standards (Ind AS).

Full-Year Financial Performance

For the year ended March 31, 2026, Danube Industries recorded total income of Rs. 11,691.84 lacs, compared to Rs. 10,966.87 lacs in the previous year. Revenue from operations for the full year stood at Rs. 11,516.94 lacs against Rs. 10,966.37 lacs in the prior year. The company's net profit for the year grew to Rs. 136.09 lacs from Rs. 121.73 lacs in the corresponding previous period. The following table summarises the key full-year financial metrics:

Quarterly Financial Performance

For the quarter ended March 31, 2026, the company reported total income of Rs. 3,524.81 lacs, compared to Rs. 3,260.34 lacs in the quarter ended December 31, 2025, and Rs. 3,724.13 lacs in the quarter ended March 31, 2025. Net profit for the quarter stood at Rs. 26.03 lacs. The table below presents the quarterly comparison:

Balance Sheet Highlights

As at March 31, 2026, total assets of the company stood at Rs. 11,214.46 lacs, a significant increase from Rs. 6,351.05 lacs as at March 31, 2025. Current assets rose to Rs. 10,693.02 lacs from Rs. 5,846.40 lacs, driven primarily by an increase in trade receivables to Rs. 7,145.41 lacs from Rs. 3,193.28 lacs, and inventories rising to Rs. 2,910.81 lacs from Rs. 2,085.16 lacs. Non-current assets stood at Rs. 521.44 lacs compared to Rs. 504.65 lacs in the prior year.

Cash Flow and Capital Details

The audited cash flow statement for the year ended March 31, 2026 reflects net cash used in operating activities of Rs. (1,689.48) lacs, compared to Rs. (1,811.11) lacs in the previous year. Net cash used in investing activities was Rs. (28.40) lacs against Rs. (37.55) lacs in the prior year. Net cash from financing activities stood at Rs. 1,728.22 lacs, resulting in a net increase in cash and cash equivalents of Rs. 10.34 lacs. Cash and cash equivalents at the closing balance stood at Rs. 13.50 lacs, up from an opening balance of Rs. 3.16 lacs.

The paid-up equity share capital remained unchanged at Rs. 1,819.80 lacs with a face value of Rs. 2.00 per share. The company noted that during the previous financial year, 3,09,90,000 equity shares were issued, the impact of which has been duly considered in the calculation of Earnings Per Share. Reserves excluding revaluation reserves stood at Rs. 1,734.64 lacs as at March 31, 2026, compared to Rs. 1,607.02 lacs in the prior year. The financial results were prepared in accordance with Ind AS under the Companies (Indian Accounting Standards) Rules, 2015 and in compliance with Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.