Hisar Metal Industries Limited reported a 6.3% rise in net profit to ₹338 crore for the financial year ended March 31, 2026, driven by a 7% increase in revenue from operations to ₹26,196 crore. The company’s earnings per share (EPS) improved to ₹6.41 for the year from ₹5.89 in the previous year. The Board of Directors approved the audited financial results for the quarter and year ended March 31, 2026, at a meeting held on May 30, 2026.

The board recommended a dividend of ₹1 per equity share of ₹10 each (10%) for FY26, subject to shareholder approval at the upcoming Annual General Meeting. For the quarter ended March 31, 2026, net profit stood at ₹76 crore, while revenue from operations was ₹7,204 crore. The statutory auditors, M/s Ram Sanjay & Co., issued an unmodified opinion on the financial results.

Governance and Appointments

The board approved the appointment of Ms. Ritu Agarwal, a Practicing Chartered Accountant, as the Internal Auditor for FY2026-27. Additionally, M/s. Naveen Gupta & Co., Cost Accountants, were appointed as the Cost Auditor for the financial year 2026-27. The board also accepted the resignations of Mr. Rajender Kumar Leekha and Mr. Sanjay Kumar Jain from their positions as Independent Directors, effective from the close of business on May 30, 2026.

Board and Committee Reconstitution

Mr. Manish Jain and Mr. Shreyaskar Chaudhary were appointed as Additional Directors designated as Non-Executive Independent Directors for a term of five years commencing May 30, 2026, subject to shareholder approval. Following these changes, the board reconstituted the Audit Committee, Nomination and Remuneration Committee, and Corporate Social Responsibility Committee.

Financial Performance Summary

The company’s total assets stood at ₹16,368 crore as of March 31, 2026, compared to ₹16,554 crore in the previous year.

Hisar Metal Industries has fixed August 17, 2026 as the record date to determine the eligibility of shareholders for a dividend payment recommended by the Board of Directors for the financial year ended March 31, 2026. The dividend is subject to approval by shareholders at the upcoming Annual General Meeting (AGM). The company stated that the dividend, once approved, will be paid within 30 days from the date of approval.

The 36th AGM of the Company is scheduled to be held on Friday, August 28, 2026, at 9:00 A.M. at the Registered Office located near Industrial Development Colony, Delhi Road, Hisar (Haryana)-125005. In accordance with Regulation 42 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the Register of Members and Share Transfer Books of the Company will remain closed from Tuesday, August 18, 2026 to Friday, August 28, 2026 (both days inclusive). This closure is for the purpose of the AGM and for determining shareholders entitled to the dividend.

Key Corporate Event Details

The following table outlines the critical dates and details regarding the upcoming corporate actions:

The intimation was submitted to the Bombay Stock Exchange and the National Stock Exchange of India Limited by Vishesh Kumar Chugh, Company Secretary & Compliance Officer, on May 30, 2026.