Empire Industries Limited has set September 9, 2026, as the record date for shareholders to be eligible for the final and special dividends declared for the financial year ended March 31, 2026. The entitlement is determined based on holdings as of close of business hours on Wednesday, September 9, 2026.

The company will hold its 125th Annual General Meeting (AGM) on Wednesday, September 16, 2026, at 3:00 pm. The meeting will be conducted through Video Conferencing (VC) or other audio-visual means (OAVM), in accordance with circulars issued by the Ministry of Corporate Affairs and SEBI.

Key Dates

Shareholders entitled to vote at the AGM are those registered in the company’s books as of the cut-off date. The remote e-voting window opens on Friday, September 11, 2026, at 9:00 am and closes on Tuesday, September 15, 2026, at 5:00 pm.

The book closure for equity securities remains from Thursday, September 10, 2026, through Wednesday, September 16, 2026, inclusive. This period ensures the register of members is updated prior to the AGM and dividend distribution.

Annual Report Access

In compliance with Regulation 36(1)(b) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, Empire Industries has provided a web link for members who have not registered their email addresses to access the 125th Annual Report for FY26. The report is available on the company’s website and the BSE Limited platform.

Members holding shares in demat form are requested to update their email IDs, PANs, and bank details with their respective Depository Participants to receive soft copies of the annual report and dividends without delay. Physical shareholders can update these details by submitting Form ISR-1, ISR-2, ISR-3, SH-13, or SH-14 to NSDL Database Management Limited, the company’s Registrar and Share Transfer Agent.

Suhas Chandra Nanda, Director Finance & Company Secretary, confirmed the details in communications to BSE Limited dated August 17 and August 18, 2026.

Empire Industries reported a net profit of ₹515.48 crore for the financial year ended March 31, 2026 (FY26), rising 49.6% year-on-year from ₹344.50 crore in FY25. The growth was supported by an 8% increase in revenue from operations, which stood at ₹7,312.01 crore, up from ₹6,769.69 crore in the preceding year.

The Board of Directors recommended a final dividend of ₹25 per equity share alongside a special dividend of ₹25 per equity share, totaling ₹50 per share. This represents a total dividend payout of approximately ₹300 crore, nearly double the ₹150 crore recommended for the previous financial year.

Financial Performance

Revenue from operations grew to ₹7,312.01 crore, while other income increased by 24% to ₹184.68 crore. Total expenses rose to ₹6,891.30 crore from ₹6,518.27 crore, primarily due to higher purchases of stock-in-trade and employee benefit expenses. Profit before tax reached ₹601.31 crore, compared to ₹400.06 crore in FY25.

Segment Operations

The Vitrum Glass division recorded a turnover of ₹2,464.90 crore, including export revenues of ₹404.40 crore. The Empire Machine Tools division reported strong order inflows across sectors such as Energy & Power, Automotive, Defence, and Railways, with several "Book and Bill" orders supporting positive cash flow. Empire Industrial Equipment continued its recovery phase, strengthening market presence in Oil & Gas, Steel & Metallurgy, and Ports & Shipyards.

What the Numbers Show

A significant portion of the profit growth is attributable to non-operating factors. Other income rose by ₹36.04 crore (24%) to ₹184.68 crore, driven largely by exchange rate variation gains and surplus on sale/redemption of investments. While operational revenue grew steadily at 8%, the nearly 50% jump in net profit suggests that favorable forex movements and investment gains played a material role in boosting the bottom line beyond pure operational leverage.

Corporate Governance and AGM

The company will hold its 125th Annual General Meeting on September 16, 2026, via video conferencing. Shareholders will vote on the adoption of financial statements, declaration of dividends, and re-appointment of directors. Mr. Ranjit Malhotra retires by rotation and seeks re-appointment. Dr. Anuja N. Mohe is proposed for re-appointment as Woman Independent Director for a second term of five years.

The tenure of Mr. Rajbir Singh as Independent Director concludes at the AGM. The Board appointed M/s. Vinay Mulay & Co. as Cost Auditors for FY27 with remuneration of ₹1.50 lakh plus taxes.