ELANTAS Beck India Ltd announced the outcomes of its 70th Annual General Meeting (AGM) held on Tuesday, 12 May 2026. Shareholders approved the re-appointment of Mr. Nandkumar Dhekne as an Independent Director and the appointment of M S K A & Associates LLP as Statutory Auditors. The meeting was conducted through video conferencing and other audio-visual means.

Key Appointments Approved

The members re-appointed Mr. Nandkumar Dhekne (DIN: 02189370) as a Non-Executive Independent Director for a second term of five consecutive years. His tenure is set to commence on 27 July 2026 and conclude on 26 July 2031. Additionally, M S K A & Associates LLP (formerly known as M S K A & Associates), Chartered Accountants, were appointed as Statutory Auditors. The firm holds registration number 105047W/W101187 and will serve for a term of five years from the conclusion of the 70th AGM until the conclusion of the 75th AGM to be held in 2031.

Director Profile

Mr. Nandkumar Dhekne brings over four decades of experience in diverse areas including field services, operations management, sales, marketing, and general management. A recognized growth leader in the Asia Pacific region, he previously served as Vice President - Asia Pacific for Solenis, USA. He has held senior leadership roles across more than 10 countries, including China, Korea, Japan, and India. Mr. Dhekne is a Chartered Engineer and an Honorary Fellow of the Indian Institute of Chemical Engineers. He holds a graduate degree in Chemical Engineering from the Institute of Chemical Technology (UDCT) Mumbai and is an alumnus of Harvard Business School.

Auditor Details

M S K A & Associates LLP, established in 1978, is registered with the Institute of Chartered Accountants of India (ICAI) and the US Public Company Accountancy Oversight Board (PCAOB). The firm operates across 12 cities in India, providing audit and assurance, tax, and advisory services. It possesses a valid peer review certificate and has significant experience across various industries and geographies.

Regulatory Compliance

The intimation was submitted to BSE Limited pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company confirmed that Mr. Nandkumar Dhekne is not related to any of the existing directors and is not debarred from holding the office of Director by any SEBI order or other authority.

ELANTAS Beck India Limited reported its unaudited financial results for the quarter ended March 31, 2026, with the Board of Directors approving the Statement of Unaudited Financial Results at their meeting held on May 12, 2026. The results were reviewed by the Audit Committee and a Limited Review Report was issued by statutory auditors Price Waterhouse Chartered Accountants LLP. All figures are reported in INR in Lakhs unless stated otherwise.

Quarterly Financial Performance

Revenue from operations for Q4FY26 grew to ₹22,216.93 lakhs, up from ₹20,613.21 lakhs in Q4FY25 and ₹21,519.94 lakhs in Q3FY26. Total income for the quarter stood at ₹22,512.21 lakhs. Net profit for Q4FY26 came in at ₹3,108.43 lakhs, compared to ₹3,286.90 lakhs in Q4FY25 and ₹3,936.57 lakhs in Q3FY26. The following table summarises the key financial metrics:

EBITDA Performance

On an operating profitability basis, ELANTAS Beck India reported EBITDA of 433M rupees for Q4FY26, compared to 404M rupees in Q4FY25, reflecting year-on-year improvement in absolute operating earnings. EBITDA margin for the quarter stood at 19.52%, marginally lower compared to 19.59% in the corresponding prior-year period.

Expense Breakdown for Q4FY26

Total expenses for the quarter ended March 31, 2026 stood at ₹18,470.30 lakhs. The key components of expenses are detailed below:

Segment-Wise Performance

The company operates through two business segments: Electrical Insulations and Engineering & Electronic Resins and Materials. Segment revenue and results for Q4FY26 are presented below:

For the full year ended December 31, 2025 (audited), the Electrical Insulations segment contributed revenue of ₹68,344.96 lakhs and segment profit of ₹11,608.42 lakhs, while Engineering & Electronic Resins and Materials reported revenue of ₹16,463.84 lakhs and segment profit of ₹4,734.24 lakhs.

Segment Assets and Liabilities

Total segment assets as of March 31, 2026 stood at ₹1,22,706.70 lakhs, compared to ₹1,05,150.14 lakhs as of March 31, 2025. Total segment liabilities were ₹18,788.89 lakhs as of March 31, 2026, against ₹15,155.71 lakhs in the corresponding prior period.

Key Notes and Regulatory Disclosures

Several noteworthy disclosures accompanied the financial results:

• Ankleswar Operations: On March 6, 2019, the company was directed for closure of its operations in Ankleswar by the Gujarat Pollution Control Board (GPCB) due to a suspected ground water contamination issue. The GPCB has granted temporary revocation of the closure order until October 3, 2026. The company has represented to the GPCB for a permanent revocation and, based on remediation done, management expects a positive outcome.
• New Labour Codes: Effective November 21, 2025, the Government of India consolidated multiple existing labour legislations into four Labour Codes. The incremental impact — comprising gratuity of INR 63.87 lakhs and compensated absences of INR 76.73 lakhs — was recognised as past service cost in the quarter and year ended December 31, 2025 under employee benefits expense. The company continues to monitor finalisation of Central/State Rules and clarifications from the Government.
• Paid-up Equity Share Capital: ₹792.77 lakhs (face value of INR 10/- each).
• Reserves (Other Equity): ₹1,00,027.81 lakhs (as of the full year ended December 31, 2025, audited).
• The figures for the quarter ended December 31, 2025 are balancing figures between the audited full financial year figures and the published year-to-date figures up to the third quarter, which were subject to limited review.