Kanchi Karpooram Limited declared a final dividend of ₹1 per equity share for the financial year ended March 31, 2026. The payout was approved during the company's 33rd Annual General Meeting held on September 22, 2026.

The meeting, conducted via Video Conferencing and Other Audio-Visual Means, commenced at 11:00 am and concluded at 11:56 am. Dipesh Suresh Jain, Joint Managing Director, was unanimously elected as the Chairman for the session. The Company Secretary confirmed that the requisite quorum was present before calling the meeting to order.

Key resolutions passed

Shareholders adopted the audited standalone and consolidated financial statements for FY26. In addition to the dividend declaration, members approved the re-appointment of Pushpa Jain Suresh as a director, who retired by rotation and offered herself for re-election. The following special business items were also transacted:

• Re-appointment of Suresh Veerchandji Shah as Managing Director for a period of five years.
• Approval of remuneration payment to Suresh Veerchandji Shah despite inadequacy or absence of profits.
• Ratification of remuneration paid to Cost Auditors.

Voting and compliance details

The company provided remote e-voting facilities to members from September 18, 2026, to September 21, 2026. Voting was also available through an electronic system during the live meeting. N Lovish Lodha, Practising Company Secretary, served as the Scrutinizer to oversee the voting process.

The voting results were subject to receipt of the requisite majority and were scheduled for separate disclosure to stock exchanges and the company website. The proceedings complied with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and relevant circulars issued by the Ministry of Corporate Affairs.

Kanchi Karpooram reported a 63% decline in standalone net profit to ₹516.3 lakh for the financial year ended March 31, 2026. The camphor manufacturer attributed the sharp contraction in earnings to rising raw material prices, increased logistics costs, and higher finance charges.

Revenue from operations on a standalone basis contracted by 2.45% to ₹14,779.0 lakh from ₹15,150.0 lakh in FY25. Despite the revenue dip, the company maintained operational stability amidst global supply chain disruptions.

Financial Performance

The decline in profitability was primarily driven by a surge in input costs. Cost of raw materials consumed rose to ₹12,074.7 lakh from ₹11,593.4 lakh in the prior year. Additionally, finance costs jumped significantly to ₹134.6 lakh from ₹13.8 lakh, reflecting higher borrowing costs or utilization of credit facilities.

On a consolidated basis, net profit fell to ₹517.0 lakh from ₹1,321.8 lakh. Total comprehensive income decreased by 62.40% to ₹538.9 lakh.

Dividend and Corporate Actions

The Board of Directors recommended a final dividend of ₹1 per equity share (face value ₹10) for FY26, representing a 10% payout ratio. This marks the second consecutive year of maintaining the dividend at this level. No transfer to reserves was proposed for the current financial year.

The company also announced the re-appointment of Mr. Suresh Veerchandji Shah as Managing Director for a five-year term commencing October 1, 2026. Shareholders will vote on this resolution and others at the 33rd Annual General Meeting scheduled for September 22, 2026.

AGM Details and E-Voting

The 33rd Annual General Meeting will be held on Tuesday, September 22, 2026, at 11:00 am through Video Conferencing or Other Audio-Visual Means. The meeting is being conducted pursuant to Ministry of Corporate Affairs and SEBI circulars permitting virtual gatherings.

Shareholders holding shares as of the cut-off date, September 15, 2026, are eligible to participate. Remote e-voting facility is available from 9:00 am on September 18, 2026, to 5:00 pm on September 21, 2026. Members can cast their votes electronically via the Central Depository Services Limited platform.

What the Numbers Show

A key divergence in the results is the behavior of other income versus operating margins. While operating profit margin compressed sharply to 2.67% from 10.02%, other income remained robust at ₹448.2 lakh, up slightly from ₹425.0 lakh. This indicates that while core manufacturing profitability was squeezed by cost inflation, the company’s investment portfolio continued to generate stable returns, partially cushioning the bottom line impact.