Fiberweb (India) Limited has scheduled its 41st Annual General Meeting for September 29, 2026. The meeting will take place at Hotel Ocean Inn in Nani Daman to transact business as per the Companies Act, 2013.

The company notified BSE and NSE on September 3, 2026, pursuant to Regulation 47 of the SEBI Listing Obligations and Disclosure Requirements Regulations, 2015. Pravin V. Sheth, Chairman and Director, signed the compliance notice.

Meeting Details

The AGM is set for 9:00 am on September 29, 2026. Physical participation is requested at the venue in Devka Beach, Nani Daman. The cut-off date for shareholding eligibility is Wednesday, September 23, 2026.

Voting and Reporting

Shareholders can cast votes through remote e-voting or ballot papers during the AGM. The Integrated Annual Report for FY26 will be emailed to registered members. Physical copies are available upon request. Members are urged to update KYC details and dematerialize physical shares.

Fiberweb (India) Limited reported a significant contraction in profitability for the first quarter of FY26, with net profit falling sharply compared to the previous year. The spunbond nonwoven fabrics manufacturer posted a standalone net profit of ₹27.34 lakh for the quarter ended June 30, 2026, down from ₹505.86 lakh in the corresponding period of FY25. Total income from operations also declined by 66%, dropping to ₹1001.59 lakh from ₹2925.93 lakh a year ago.

The company attributed the steep decline in financial performance to external geopolitical factors. In its regulatory filing, Fiberweb stated that the ongoing US-Iran conflict has severely disrupted the supply of raw materials and significantly affected logistics operations during the current quarter. These headwinds appear to have constrained operational volumes and revenue generation despite the absence of any disclosed changes in geographical segments or business mix.

Financial Performance

The Board of Directors approved the unaudited financial results at its meeting held on August 14, 2026. The statutory auditors carried out a limited review of the results for the quarter ended June 30, 2026. The figures are presented on a standalone basis and comply with Indian Accounting Standards (IND AS).

For the full fiscal year ended March 31, 2026, the company reported a total income of ₹8612.95 lakh and a net profit of ₹1041.48 lakh. The equity share capital remained unchanged at ₹2879.17 lakh.

What the Numbers Show

The divergence between the pre-tax and post-tax profit margins highlights the impact of taxation on the reduced earnings base. While the pre-tax profit fell by 93% to ₹36.45 lakh, the post-tax profit declined by nearly 95% to ₹27.34 lakh. This suggests that tax obligations constituted a relatively higher proportion of the diminished pre-tax earnings compared to the previous year, where the tax rate was approximately 5.2% (₹27.38 lakh tax on ₹533.24 lakh profit). In Q1FY26, the effective tax rate rose to roughly 25% (₹9.11 lakh tax on ₹36.45 lakh profit), indicating less flexibility in tax planning or deductions against the lower income stream.