Jay Ushin Limited has scheduled its 40th Annual General Meeting for Wednesday, September 30, 2026, at 11:00 am. The meeting will be conducted through video conferencing or other audio-visual means in compliance with SEBI and MCA regulations.

The company fixed Friday, September 18, 2026, as the record date for determining member entitlement for the final dividend for FY26, subject to AGM approval.

Meeting Logistics and Voting

Shareholders can attend and participate in the meeting electronically. Their attendance will count toward the quorum under Section 103 of the Companies Act, 2013. The company has engaged NSDL to facilitate remote e-voting and e-voting during the meeting.

Shareholder Instructions

Shareholders holding shares in physical mode must update their email IDs and mobile numbers via Form ISR-1 with the Registrar and Transfer Agent, RCMC Share Registry Private Limited. Those holding shares in demat mode should update their email IDs with their respective Depository Participants.

The Notice of AGM and the Integrated Annual Report for FY26 are available electronically on the company website and stock exchange portals. Physical copies will be dispatched only upon specific request.

Jay Ushin reported a 45% year-on-year increase in net profit to ₹177.7 crore for the financial year ended March 31, 2026. Revenue from operations expanded by 13.3% to ₹9,690.7 crore, supported by operational efficiency and localization efforts.

The company's profit before tax (PBT) rose 11.9% to ₹193.7 crore. This growth occurred despite a slight contraction in EBITDA, which fell to ₹494.2 crore from ₹508.1 crore in the previous year. The divergence between rising PBT and contracting EBITDA was primarily driven by a significant reduction in finance costs.

Financial Performance

Jay Ushin delivered strong top-line growth while managing its cost structure effectively. Total expenditure increased by 13.2% to ₹9,637.0 crore, closely tracking revenue growth. Other income remained stable at ₹140.0 crore.

What the Numbers Show

The most notable feature of the FY26 results is the decoupling of operating profitability from bottom-line growth. While EBITDA contracted slightly, net profit surged due to a ₹25.7 crore reduction in finance costs. This indicates that interest savings or favorable debt restructuring contributed more to the bottom-line expansion than operational margin improvements during the period.

Dividend and Corporate Actions

The board of directors recommended a final dividend of ₹4.00 per equity share of face value ₹10 each. This payout, subject to shareholder approval at the 40th Annual General Meeting (AGM) scheduled for September 30, 2026, will absorb approximately ₹15.5 crore.

The AGM will also see the re-appointment of Mr. Anirudh Minda as a director liable to retire by rotation. Additionally, shareholders will approve related party transactions with JNS Instruments Limited valued at up to ₹2,012.0 crore for the upcoming fiscal year.