DAPS Advertising Limited held its 27th Annual General Meeting on September 19, 2026, in Kanpur, Uttar Pradesh. The meeting concluded with the declaration of a final dividend and the reappointment of key board members.

The company announced a final dividend of ₹0.25 per equity share of face value ₹10 each for the financial year ended March 31, 2026. Shareholders on record will be eligible for this payout.

Board Reappointments and Designations

Members approved the reappointment of directors retiring by rotation under Section 152(6) of the Companies Act, 2013. Mr. Akhilesh Chaturvedi and Ms. Srishti Chaturvedi were reappointed to the board.

The meeting also confirmed changes in designations and remuneration for several directors:

• Ms. Srishti Chaturvedi’s designation changed from non-executive director to executive director, effective April 1, 2026.
• Remuneration was fixed for Mr. Akhilesh Chaturvedi as Chairman cum Wholetime Director.
• Remuneration was fixed for Mr. Dharmesh Chaturvedi as Managing Director.
• Remuneration was fixed for Mr. Paresh Chaturvedi as Wholetime Director.

Ms. Srishti Chaturvedi is a qualified Chartered Accountant and Company Secretary. She has served the company as a director since 2018 and holds experience in the advertising industry. She also has prior working experience at Deloitte. She is the daughter of Mr. Dharmesh Chaturvedi.

Voting and Proceedings

Mr. Paresh Chaturvedi, Whole Time Director, chaired the meeting. Remote e-voting commenced on September 15, 2026, at 9 am and ended on September 18, 2026, at 5 pm. Members who did not vote remotely used polling papers during the meeting.

HKS & Associates LLP served as the scrutinizer for the voting process. The combined result of remote e-voting and the poll is expected to be declared by September 22, 2026. The results will be displayed on the company website, CDSL, and stock exchange portals.

The audited financial statements for FY26, along with the reports of the Board of Directors and Auditors, were taken as read and adopted by the members.

DAPS Advertising reported a 16% year-on-year rise in revenue from operations to ₹221.7 crore for the financial year ended March 31, 2026. Net profit after tax increased 14% to ₹13.5 crore, driven by growth in its outdoor media portfolio and sustained print media demand.

Financial Performance

The Kanpur-based advertising agency saw total income reach ₹227.1 crore, up from ₹195.9 crore in the previous fiscal year. Other income contributed ₹54.4 lakh, primarily from interest on bank deposits and loans. Total expenses rose to ₹209.0 crore, reflecting higher cost of services which stood at ₹180.4 crore against revenue growth.

Segment Growth

Print media remained the dominant revenue contributor, accounting for 73.69% of total sales at ₹16.33 crore. This segment grew by 0.57% year-on-year, supported by long-term legacy clients and government statutory advertisements. Outdoor media, including Digital Out-of-Home (DOOH) solutions, expanded by 11.19% to ₹4.98 crore, representing 22.48% of the top line. Electronic media contributed a marginal 3.83%.

Balance Sheet Signals

Short-term borrowings surged significantly to ₹141.4 crore from ₹5.7 crore in FY25, driven by the utilization of an overdraft facility for working capital requirements. Consequently, the debt-equity ratio rose sharply to 0.08% from 0.01%. Despite this, the company maintained a strong current ratio of 3.45 times, supported by cash and cash equivalents of ₹98.2 crore and trade receivables of ₹94.7 crore.

What the Numbers Show

While operational revenue grew steadily, the company's profitability structure reveals a heavy reliance on non-operating income relative to its small workforce. With only nine permanent employees excluding key managerial personnel, director remuneration alone accounted for ₹108 lakh—representing over 79% of the net profit after tax. This concentration highlights that the bottom line is disproportionately sensitive to management compensation levels compared to broader operational leverage.

Dividend and AGM

The Board of Directors recommended a final dividend of ₹0.25 per equity share, amounting to approximately ₹12.9 lakh in total payout. The 27th Annual General Meeting is scheduled for September 19, 2026, in Kanpur. Shareholders on record as of September 12, 2026, will be eligible for the dividend. The meeting will also address the reappointment of directors and changes in designation for Ms. Srishti Chaturvedi.