Disa India Limited shareholders approved a final dividend of ₹200 per equity share for the financial year ended March 31, 2026, during its 41st Annual General Meeting (AGM) held on August 12, 2026. The payout represents a 2000% dividend on the face value of ₹10 per share.

The AGM was conducted via video conferencing and commenced at 2:30 pm IST, concluding by 3:14 pm IST. Ms. Deepa Hingorani, Director & Chairperson, presided over the meeting, which had a quorum present throughout with 35 members attending via VC.

Key Resolutions Passed

Apart from the dividend declaration, the shareholders transacted several ordinary and special business items. The key resolutions included:

• Adoption of the audited financial statements (including consolidated statements) for FY26, along with the Board of Directors’ and Auditors’ reports.
• Reappointment of Ms. Ulla Hartvig Plathe Tønnesen as a Director, who retired by rotation.
• Ratification of remuneration for Cost Auditors for FY26.
• Approval of material related-party transactions for FY27 with DISA Industries A/S, Denmark.

Leadership Continuity

Shareholders approved the reappointment of Mr. Lokesh Saxena as Managing Director (MD) & Chief Executive Officer (CEO) for a period of three years. His new term is effective from June 21, 2026, to June 20, 2029.

Mr. Saxena provided operational highlights for FY25-26 during the meeting. He, along with Ms. Vidya Jayant, Chief Financial Officer, addressed queries raised by registered shareholders who had pre-registered to speak.

Voting Process

The company facilitated remote e-voting from August 7, 2026, at 9:00 am IST to August 11, 2026, at 5:00 pm IST. Members who did not vote remotely were able to cast their votes through the CDSL portal during the AGM.

The Chairperson informed members that the voting results and the Scrutinizer’s Report would be declared and filed with the BSE within two working days of the meeting’s conclusion. The results will also be placed on the company’s website.

Disa India Limited reported a standalone net profit of ₹106.9 million for the quarter ended June 30, 2026, marking a 18.7% decline from ₹131.5 million in the same quarter of the previous year. Revenue from operations fell 14.3% year-on-year to ₹871.6 million, reflecting softer demand in its core foundry machinery segment. The Board of Directors approved the unaudited financial results on August 12, 2026, alongside a resolution to shift the company’s registered office within Bengaluru.

The consolidated net profit for the quarter was ₹105.8 million, compared to ₹130.4 million in Q1FY26. Total income on a consolidated basis amounted to ₹905.6 million, down from ₹1,058.5 million previously. Statutory auditors S.R. Batliboi & Associates LLP issued limited review reports on both standalone and consolidated results, confirming compliance with Ind AS 34 and SEBI Listing Regulations.

Key Financial Metrics

Note: QoQ changes calculated against preceding quarter ended March 31, 2026.

Operational Highlights

Employee benefit expenses rose to ₹120.9 million in the standalone statement, up from ₹101.3 million in the preceding quarter. This increase was partly offset by a reduction in inventory buildup, which showed a decrease of ₹79.3 million compared to ₹85.6 million earlier. Finance costs remained minimal at ₹2.7 million. The order backlog as of June 30, 2026, stood at ₹2,760 million, providing visibility into future revenue streams.

In FY26, the company had recognized an exceptional item of ₹35.1 million related to increased gratuity and leave liabilities under the new Labour Codes notified by the Government of India in November 2025. No such exceptional items were recorded in Q1FY27. The subsidiary, Bhadra Castalloy Private Limited, reported a net loss of ₹1.1 million for the quarter.

What the Numbers Show

The divergence between revenue decline and relatively stable expense levels indicates margin pressure in the current quarter. While revenue dropped 14.3% year-on-year, total expenses decreased only 13.0%, suggesting fixed cost rigidity. The rise in employee benefits expense, despite lower top-line growth, points to potential structural cost increases that may impact profitability trends in subsequent quarters unless operational efficiencies improve.

Corporate Actions

The Board approved changing the registered office address from Unit No. S-604 on the 6th Floor to Unit No. S-1602A on the 16th Floor at Brigade Gateway Campus, Bengaluru. The change takes effect from September 15, 2026. The move remains within the local limits of Bengaluru and does not affect the company’s operational footprint or manufacturing facility in Tumkur.