kesar petro products will hold a board meeting on June 8, 2026, to consider converting outstanding warrants into equity shares issued to promoter and non-promoter categories. The meeting is scheduled to begin at 5.00 p.m. at the company's corporate office located at 404, Naman Centre, C-31, G-Block, BKC, Bandra East, Mumbai 400051. The conversion of warrants into equity shares will alter the company's equity structure depending on the number of warrants exercised.

The board will also address any other items with the permission of the Chairman. The intimation was submitted to the Bombay Stock Exchange under Regulation 29 of the Securities & Exchange Board of India (Listing Obligations and Disclosures) Regulations, 2015. Ramjan Kadar Shaikh, Wholetime Director, signed the notice on behalf of the company.

Meeting Details

Kesar Petroproducts Limited reported a net loss of ₹506 lakh for the quarter ended March 31, 2026 (Q4FY26), a sharp decline from the net profit of ₹292 lakh recorded in the previous quarter ended December 31, 2025. For the full financial year FY26, the company posted a net profit of ₹968 lakh, a decrease from ₹996 lakh in the previous year. The Board of Directors approved the audited standalone financial results for the quarter and year ended March 31, 2026, at a meeting held on May 28, 2026.

Revenue from operations for Q4FY26 rose to ₹4,648 lakh from ₹4,102 lakh in the preceding quarter, and from ₹4,099 lakh in the corresponding quarter of the previous year. Total income for the quarter stood at ₹4,672 lakh. However, total expenses increased significantly to ₹5,112 lakh during the quarter, primarily driven by a rise in the cost of materials consumed to ₹4,764 lakh and finance costs of ₹152 lakh. This led to a loss before tax of ₹441 lakh for the quarter.

Financial Performance Overview

The company's annual performance saw revenue from operations grow to ₹18,722 lakh in FY26 from ₹18,517 lakh in FY25. Despite the revenue growth, annual finance costs surged to ₹391 lakh from ₹139 lakh in the previous year, impacting overall profitability. The earnings per share (EPS) for the year stood at ₹1.00 basic and ₹0.83 diluted, compared to ₹1.03 and ₹0.85 respectively in the prior year.

Balance Sheet and Cash Flow

The company's balance sheet as of March 31, 2026, showed total assets of ₹24,507 lakh, an increase from ₹23,829 lakh in the previous year. Non-current assets, including property, plant, and equipment, grew substantially to ₹16,496 lakh. Total equity stood at ₹14,946 lakh, while total liabilities were recorded at ₹9,561 lakh.

Cash flow from operating activities for FY26 was strong at ₹3,048 lakh, compared to ₹1,315 lakh in the previous year. However, the company utilized ₹2,817 lakh in investing activities, largely due to purchases of property, plant, and equipment. Net cash used in financing activities was ₹983 lakh. Consequently, cash and cash equivalents decreased to ₹633 lakh by the end of FY26 from ₹1,385 lakh at the beginning of the year.

Auditor and Regulatory Compliance

The statutory auditor, M/s. A. Sachdev & Co., issued an audit report with an unmodified opinion on the standalone financial results. The report confirms that the results give a true and fair view in conformity with applicable accounting standards. The trading window for dealing in the company's securities, which was closed from April 01, 2026, will remain closed until 48 hours after the announcement of the financial results.