Dhunseri Investments declares ₹3 per share dividend at 29th AGM

Dhunseri Investments Limited concluded its 29th Annual General Meeting (AGM) on August 20, 2026, with shareholders approving a final dividend of ₹3 per equity share for the financial year ended March 31, 2026 (FY26). The meeting, conducted via Video Conferencing (VC) and Other Audio Visual Means (OAVM), also focused on board continuity with the reappointment of key leadership figures.

The AGM commenced at 11:30 am and concluded at 11:49 am. Chandra Kumar Dhanuka, Chairman, presided over the proceedings after confirming the presence of quorum. The meeting adhered to regulations set by the Ministry of Corporate Affairs (MCA) and the Securities and Exchange Board of India (SEBI).

Key Resolutions Passed

Shareholders approved several ordinary resolutions concerning ordinary and special business. The key outcomes included:

Dividend Declaration: A final dividend of ₹3 per equity share for FY26 was declared.
Financial Statements: The audited standalone and consolidated financial statements for FY25-26 were adopted.
Board Appointments:
- Chandra Kumar Dhanuka (DIN: 00005684) was reappointed as a Director.
- Aruna Dhanuka (DIN: 00005677) was reappointed as Managing Director and Chief Executive Officer.
- Rusha Mitra (DIN: 08402204) was appointed as an Independent Director.

Governance and Compliance

The statutory auditors, U S Agarwal & Associates, and secretarial auditors, M Shahnawaz & Associates, were present at the meeting. Their reports, which formed part of the Annual Report, were taken as read with the permission of the members. The Chairman noted that neither report contained any qualification, reservation, or adverse remark.

Kailash Chandra Dhanuka of K. C. Dhanuka & Co served as the scrutinizer for the meeting. Remote e-voting was available to members from 9:00 am on August 17, 2026, to 5:00 pm on August 19, 2026. Members who had not voted remotely could cast their votes during the meeting via the National Securities Depository Limited (NSDL) e-voting system, with the facility remaining open for 30 minutes post-conclusion.

The consolidated e-voting results are scheduled to be declared within two working days of the AGM's conclusion and will be uploaded to the company’s website and stock exchanges.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
+0.81%	-0.93%	+2.02%	-3.88%	-33.66%	+60.09%

Dhunseri Investments reported a consolidated net profit of ₹1,937.9 crore for the quarter ended June 30, 2026, rising sharply from ₹773.1 crore in the corresponding period of FY25. The company’s total income reached ₹2,788.9 crore, up from ₹1,872.4 crore in Q1FY25, reflecting robust performance across its treasury operations and flexible packaging film segments.

The Board of Directors approved the unaudited financial results in a meeting held on August 13, 2026. U S Agarwal & Associates issued a limited review report on both standalone and consolidated figures, confirming compliance with Ind AS 34 and SEBI LODR regulations.

Financial Performance

Consolidated revenue from operations stood at ₹2,589.5 crore, compared to ₹1,715.9 crore in Q1FY25. This growth was supported by a rise in sales of products to ₹1,365.6 crore from ₹784.1 crore previously. Net gains on fair value changes contributed ₹1,161.8 crore to revenue, up from ₹864.4 crore in the prior year.

Metric:	Q1FY26 (₹ Cr):	Q1FY25 (₹ Cr):	Change:
Total Income:	2,788.9	1,872.4	+48.9%
Total Expenses:	1,516.5	1,119.0	+35.5%
Net Profit After Tax:	1,937.9	773.1	+150.7%

Standalone results showed a net profit of ₹16.8 crore, reversing a loss of ₹12.3 crore recorded in Q4FY26. Standalone total income was ₹22.7 crore, primarily driven by unrealised fair value gains of ₹212.4 crore.

Segment Analysis

The Treasury Operations segment generated segment revenue of ₹1,409.7 crore, yielding a segment result of ₹1,154.8 crore. In contrast, the Flexible Packaging Film segment reported revenue of ₹1,379.1 crore with a segment result of ₹41.2 crore.

The company has classified its Food and Beverages segment as a discontinued operation following the loss of control over step-down subsidiary Twelve Cupcakes Pte Limited due to creditors' voluntary winding-up proceedings in Singapore initiated in October 2025.

What the Numbers Show

A notable divergence exists between operating performance and investment gains. While the Flexible Packaging Film segment saw revenue grow 72.1% year-on-year to ₹1,379.1 crore, its segment result contracted 17.4% to ₹41.2 crore from ₹49.8 crore in Q1FY25. Meanwhile, the Treasury Operations segment delivered a massive ₹1,154.8 crore result, largely fueled by ₹1,161.8 crore in net fair value gains, which accounted for nearly 45% of total consolidated revenue. This highlights the group's continued reliance on capital market movements for bulk profitability rather than core operational margins in packaging.