Elnet Technologies has scheduled its 35th Annual General Meeting (AGM) for Thursday, September 17, 2026. The meeting will be conducted via video conferencing or other audio-visual means in compliance with Ministry of Corporate Affairs circulars.

The company issued the intimation pursuant to Regulation 42 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. This filing confirms the timeline for determining shareholder eligibility for the upcoming meeting scheduled for FY26.

Book Closure Details

The Register of Members and Share Transfer books of Elnet Technologies will remain closed from Friday, September 11, 2026, to Thursday, September 17, 2026. Both days are inclusive in the closure period.

Final Dividend Recommendation

The Board of Directors has recommended a final dividend of ₹2.0 per equity share of face value ₹10 each for the financial year ended March 31, 2026. This represents a 20% payout on equity shares. The declaration is subject to approval by shareholders at the AGM. If approved, the dividend will be paid to shareholders registered as on the record date of September 10, 2026.

Key Financial Highlights FY26

The Annual Report for FY26 reveals robust financial performance:

• Revenue from Operations: ₹2,494.13 lakh (up from ₹2,303.00 lakh in FY25)
• Total Revenue: ₹3,612.36 lakh (up from ₹3,325.30 lakh in FY25)
• Profit After Tax: ₹2,009.21 lakh (up from ₹1,755.22 lakh in FY25)
• Earnings Per Share: ₹50.23 (up from ₹43.88 in FY25)

Governance and Compliance

The Company Secretary, Swati S Bajaj, signed the disclosure on August 26, 2026. The notice also includes resolutions for the re-appointment of directors Mr. Ravi Janakiraman and Mr. Chakkolath Ramachandran, who retire by rotation. Additionally, the company will transfer unclaimed dividends from FY19 to the Investor Education and Protection Fund (IEPF) after September 13, 2026.

The Board of Directors of Elnet Technologies approved the unaudited financial results for the quarter ended June 30, 2026 (Q1FY27), reporting a net profit of ₹5.03 crore. This represents a marginal increase of 0.1% compared to ₹5.02 crore in the corresponding quarter of FY25. Revenue from operations stood at ₹6.74 crore, up 11% year-on-year from ₹6.09 crore.

The company’s total income reached ₹9.52 crore, driven by operational revenue and other income of ₹2.78 crore. Total expenses were contained at ₹2.95 crore, leading to a profit before tax of ₹6.57 crore. After accounting for tax expenses of ₹1.54 crore, the bottom-line profit remained stable quarter-on-quarter at ₹5.03 crore, compared to ₹5.02 crore in Q4FY26.

Financial Performance

Revenue growth outpaced expense growth, with operating revenue rising by ₹65.75 lakh while total expenses increased by just ₹10.44 lakh. Employee benefit expenses rose to ₹56.02 lakh from ₹43.77 lakh a year ago, reflecting higher staffing costs. Finance costs also saw a significant jump to ₹23.91 lakh from ₹11.48 lakh in Q1FY26.

What the Numbers Show

Other income constitutes a substantial portion of the company's earnings profile. In Q1FY27, other income of ₹2.78 lakh accounted for approximately 29% of total income and contributed significantly to the pre-tax profit. While operational revenue grew steadily, the stability in net profit despite higher finance and employee costs suggests that non-operational income streams continue to provide a buffer against rising operational expenditures.

Dividend Recommendation

The Board recommended a final dividend of ₹2.00 per equity share of face value ₹10 each for the financial year ended March 31, 2026. This represents a 20% payout on the face value. The dividend is subject to approval by shareholders at the 35th Annual General Meeting.

The unaudited financial results were reviewed by the Audit Committee and approved by the Board on August 13, 2026. M/s. Selvam & Suku, Chartered Accountants, issued a limited review report on the financial statements, confirming compliance with Indian Accounting Standards (Ind AS) and SEBI Listing Regulations.