Dhunseri Tea & Industries Limited reported a standalone net profit of ₹590.01 lakh for the financial year ended March 31, 2026 (FY26), compared to ₹232.48 lakh in the previous year. The profit was primarily driven by exceptional items totaling ₹639.42 lakh, stemming from the sale of assets at Balijan and Deohall tea estates, which offset a loss from continuing operations before exceptional items and tax of ₹398.55 lakh. The company declared a final dividend of ₹2.00 per equity share, subject to shareholder approval at its 29th Annual General Meeting (AGM) scheduled for August 19, 2026.

The Board of Directors seeks shareholder approval for the remuneration of Managing Director Mr. Chandra Kumar Dhanuka for the remainder of his tenure ending December 31, 2028, in compliance with Schedule V of the Companies Act, 2013. The proposed remuneration includes a monthly salary of ₹1,95,000, housing benefits, medical reimbursement, and a commission capped at 2.50% of net profits. Additionally, shareholders will vote on the re-appointment of Ms. Bharati Dhanuka as a director and the ratification of remuneration for Cost Auditors M/s. Mani & Co.

Operationally, Indian tea manufacturing increased to 12.20 million kg from 11.73 million kg in the prior year, reflecting improved agricultural practices. However, offshore operations saw a decline in tea manufacturing to 8.00 million kg from 9.16 million kg. The company also initiated multi-crop cultivation, planting turmeric across 13 hectares at Duamara Tea Estate, with production expected in winter FY27. Macadamia production rose to 0.32 million kg from 0.25 million kg.

The consolidated results show a net loss of ₹250.41 lakh for FY26, compared to a loss of ₹2,004.64 lakh in FY25. This improvement is partly attributed to hyperinflation adjustments applied to Malawi subsidiaries under Ind AS 29, which resulted in a net gain of ₹1,269.48 lakh. The consolidated revenue from operations stood at ₹47,116.00 lakh, up from ₹45,637.84 lakh in the previous year.

What the Numbers Show

The standalone profitability remains heavily dependent on non-operational exceptional items rather than core operational efficiency. While the loss from continuing operations narrowed significantly from ₹2,625.65 lakh in FY25 to ₹398.55 lakh in FY26, the core business continues to operate at a deficit. The reliance on asset disposals for profit generation suggests ongoing challenges in achieving operational breakeven through tea sales alone, despite increased production volumes in India. Shareholders should note that the declared dividend is funded by retained earnings, given the operational losses.

Dhunseri Tea & Industries Limited has confirmed that its promoters and Persons Acting in Concert (PAC) did not create any new encumbrances on shares during the financial year 2025-26. The disclosure, submitted to the stock exchanges, states that Chandra Kumar Dhanuka and the PAC group have not made any encumbrance, directly or indirectly, other than those already disclosed.

The filing was made in accordance with Regulation 31(4) of the SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011. This regulation requires promoters to disclose any pledging or encumbrance of shares to ensure transparency for shareholders. The confirmation covers the entire promoter group, which includes numerous entities and individuals associated with the Dhunseri Group.

The list of promoters and PAC members includes key entities such as Naga Dhunseri Group Limited, Dhunseri Ventures Limited, and Mint Investments Limited. Individual promoters named in the disclosure include Chandra Kumar Dhanuka, Aruna Dhanuka, and Mrigank Dhanuka. The document also lists various trusts and HUFs associated with the promoter family, such as the Aman Dhanuka Trust and Ayaan Dhanuka Trust.

The disclosure provides a comprehensive register of the promoter group structure, identifying 51 entities and individuals classified as either Promoters or Promoter Group members. This includes entities like Bonanza Trading Company Private Limited, Tablets (India) Limited, and Khaitan & Co. Kolkata, all classified under the Promoter Group category.