Divyashakti Limited has fixed September 21, 2026, as the record date for determining shareholder eligibility for its 35th Annual General Meeting (AGM) and the payment of dividends for FY26.

The company will hold the AGM virtually on September 28, 2026, in compliance with Ministry of Corporate Affairs circulars. The Register of Members and Share Transfer Books will remain closed from September 22, 2026, to September 28, 2026, inclusive.

Dividend and Governance

The Board has recommended a final dividend of ₹1.00 per equity share of face value ₹10 each for FY26. This payout represents a 10% return on face value, subject to approval by members at the AGM.

Smt Anuradha Anne retires by rotation and offers herself for re-appointment as a director. She holds an M.Com degree and has over 27 years of experience in business administration and finance.

Related-Party Transactions

Shareholders are asked to approve transactions with three entities linked to Managing Director N. Hari Hara Prasad. His relatives are partners in these firms. The proposed aggregate value for FY27 is ₹80 crore.

The transactions involve the export, sale, purchase, and supply of polished granite slabs and engineered stone slabs. The Audit Committee has recommended these deals as being in the ordinary course of business and on an arm’s length basis.

Financial Context

The company reported a profit before tax (PBT) of ₹139.81 lakh for FY26, down from ₹338.96 lakh in FY25. Revenue from operations fell to ₹3,475.63 lakh in FY26 compared to ₹6,387.21 lakh in the previous year. EBITA declined to ₹377 lakh from ₹597 lakh in FY25.

Divyashakti Limited reported a 59% decline in net profit to ₹104.96 crore for the financial year ended March 31, 2026, compared to ₹253.59 crore in the previous year. Revenue from operations fell to ₹3,475.63 crore from ₹6,387.22 crore in FY25. The company resubmitted its audited financial results to the exchange after an inadvertent omission of the authorised signatory's signature.

The company submitted the signed audited financial results for the quarter and year ended March 31, 2026, to the Stock Exchange, Mumbai, on May 30, 2026. The initial submission on May 23, 2026, lacked the signature due to an oversight. The company confirmed there is no change in the financial figures or disclosures already submitted.

For the quarter ended March 31, 2026, the company reported a net profit of ₹7.50 crore, a significant decrease from ₹47.24 crore in the same quarter of the previous year. Revenue from operations for the quarter stood at ₹871.14 crore, down from ₹1,826.80 crore in the corresponding period last year.

Financial Performance

The statutory auditors, Pavuluri & Co Chartered Accountants, issued an audit report with an unmodified opinion on the financial results. The results were reviewed by the Audit Committee and approved by the Board of Directors at its meeting held on May 23, 2026.

Balance Sheet Highlights

The company's net worth stood at ₹12,323.27 lakh as of March 31, 2026, compared to ₹12,419.91 lakh in the previous year. Total assets decreased to ₹21,352.21 lakh from ₹22,081.48 lakh. The debt-equity ratio was reported at 0.027 for FY26.

Cash and cash equivalents at the end of the year were ₹32.24 lakh, a sharp decline from ₹106.62 lakh in the prior year. The company paid a dividend of ₹205.38 lakh during the year.