Kothari Industrial Corporation has officially launched its first FMCG brand, CHUSIP Coco Twist, on September 17, 2026. The natural tender coconut water beverage marks the company's formal entry into the fast-moving consumer goods sector.

The launch event was held at the company's Chennai headquarters. Dr. Jinnah Rafiq Ahamed, Executive Chairman and Managing Director, presided over the ceremony.

Product Details

CHUSIP Coco Twist is positioned as a pure, natural drink sourced from coconut farms in Tamil Nadu. The product contains no sugar and no preservatives. It is currently available in a 200 ml pack priced at ₹50. The company plans to introduce a 1 litre pack soon.

The portfolio aims to target Gen Z consumers with low-calorie options. Future plans include introducing smooth fruit drinks, fruit drinks with and without pulp, and Nata De Coco variants.

Strategic Outlook

Kothari Industrial aims to build a ₹2,500 crore beverage business by 2035. In the first phase, the brand will focus on South India. The company plans to appoint 100 distributors across Tamil Nadu, Kerala, and Karnataka.

Dr. Jinnah Rafiq Ahamed stated that the launch aligns with emerging consumer trends towards healthy, natural choices. The company intends to expand its portfolio across general, modern, and digital commerce channels before moving into international markets.

Regulatory Disclosure

The company issued this intimation under Regulation 30 of the SEBI (LODR) Regulations, 2015. This disclosure updates the earlier announcement dated April 30, 2026, regarding the setup of the FMCG and Vending Division.

Kothari Industrial Corporation reported a consolidated net loss of ₹7,218.53 lakh for the financial year ended March 31, 2026. The company also confirmed that its FY26 annual report is available on its website for shareholders who have not registered their email addresses.

The standalone segment recorded a loss of ₹3,119.07 lakh against total income of ₹18,173.98 lakh. The sharp deterioration in consolidated results was primarily driven by a share in the losses of its associate, Phoenix Kothari Footwear Private Limited, amounting to ₹4,099.46 lakh.

Financial Performance

Revenue from operations surged to ₹17,830.36 lakh in FY26, up from ₹8,663.59 lakh in the prior year. This growth was fueled by expansion in footwear sales, which contributed ₹10,085.20 lakh, and the integration of logistics services following the acquisition of Parveen Roadways.

Total expenses rose to ₹21,293.05 lakh, driven by higher employee benefits (₹3,609.39 lakh) and depreciation charges (₹1,154.71 lakh). The company did not declare any dividend for the year.

Strategic Developments & Board Changes

The AGM agenda includes the reappointment of Ms. R. Sulaiha Banu as a director retiring by rotation. Crucially, shareholders will vote on a special resolution to appoint Mr. R. Manoranjan as an Independent Director for a five-year term starting August 17, 2026.

During the year, the company expanded into facility management and logistics through the slump sale acquisition of Parveen Roadways. It also increased its equity stake in Phoenix Kothari Footwear Private Limited to 30%, classifying it as an associate. The company voluntarily delisted from the Calcutta Stock Exchange in June 2026 to streamline compliance costs.

Annual Report Access

In compliance with Regulation 36(1)(b) of the SEBI Listing Regulations, the company dispatched letters to shareholders without registered email addresses. These shareholders can access the FY26 annual report via the company's website at https://kotharis.in/investor-annual-reports.php . The 56th Annual General Meeting is scheduled for September 30, 2026, to be conducted through Video Conferencing or Other Audio Visual Means.

What the Numbers Show

The divergence between standalone and consolidated performance highlights the financial drag from the footwear associate. While the parent company nearly doubled its revenue to over ₹18,000 lakh, the ₹4,099 lakh share of associate losses more than doubled the consolidated bottom-line deficit. This indicates that the recent strategic investments in the footwear vertical are currently accretive to revenue but dilutive to overall profitability.