Kothari Products FY26 net profit falls to ₹3,320 lakh

2 min read     Updated on 29 May 2026, 07:27 PM
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AI Summary

Kothari Products Limited reported a consolidated net profit of ₹3,320 lakh for FY26, recovering from a loss of ₹9,399 lakh in FY25, while revenue rose to ₹1,06,472 lakh. The Board did not recommend a dividend to conserve resources. Standalone net profit for the year was ₹3,487 lakh.

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Kothari Products Limited reported a consolidated net profit of ₹3,320 lakh for the financial year ended March 31, 2026, reversing the net loss of ₹9,399 lakh recorded in the previous year. The company's consolidated revenue from operations rose to ₹1,06,472 lakh in FY26 from ₹95,786 lakh in FY25. The Board of Directors has not recommended any dividend for the year ended 2025-2026 to conserve resources for the future.

The Board approved the audited standalone and consolidated financial results for the quarter and year ended March 31, 2026, at its meeting held on May 29, 2026. The results were reviewed by the Audit Committee on May 27, 2026. M/s. G.M. Kapadia & Co., Chartered Accountants, issued an audit report with an unmodified opinion on the financial results.

On a standalone basis, the company reported a net profit of ₹3,487 lakh for FY26, a decrease from ₹5,331 lakh in the previous year. Standalone revenue from operations for the year increased to ₹32,847 lakh from ₹30,370 lakh in FY25. For the quarter ended March 31, 2026, the standalone net profit was ₹1,900 lakh, compared to ₹355 lakh in the corresponding quarter of the previous year.

Consolidated Financial Performance

The consolidated financial results include the performance of Kothari Products Singapore Pte. Ltd. and associate companies such as Haraparvati Realtors Pvt. Ltd., Subhadra Realtors Pvt. Ltd., and SPPL Hotels Pvt. Ltd. Total consolidated income for FY26 stood at ₹1,06,472 lakh, up from ₹1,00,923 lakh in the previous year. Total expenses for the year decreased to ₹1,06,967 lakh from ₹1,09,772 lakh in FY25.

Metric FY26 (₹ in Lacs) FY25 (₹ in Lacs)
Revenue from Operations 1,00,976 95,786
Total Income 1,06,472 1,00,923
Total Expenses 1,06,967 1,09,772
Net Profit for the Period 3,320 (9,399)
Basic EPS 5.17 (15.95)

Segment Reporting

The company operates primarily in trading items and real estate. The trading segment reported revenue of ₹1,02,606 lakh for FY26, while the real estate segment contributed ₹3,866 lakh. The trading segment recorded a loss before tax and interest of ₹1,562 lakh, whereas the real estate segment reported a profit of ₹6,412 lakh for the year.

Financial Position

The consolidated total assets as of March 31, 2026, stood at ₹1,33,268 lakh, a decrease from ₹1,49,686 lakh in the previous year. Equity share capital remained unchanged at ₹5,969 lakh. Other equity increased to ₹1,09,804 lakh from ₹1,03,589 lakh. The company reported cash and cash equivalents of ₹2,586 lakh as of March 31, 2026, compared to ₹8,423 lakh in the prior year.

Historical Stock Returns for Kothari Products

1 Day5 Days1 Month6 Months1 Year5 Years
+3.14%+4.27%+3.60%-3.31%-11.66%+97.69%

What specific strategic initiatives will the company implement with the conserved resources to ensure sustained profitability?

How does the company plan to address the significant decline in cash and cash equivalents from the previous year?

Will the company continue to rely on the real estate segment to offset losses in the trading segment, or are structural changes planned for trading?

Kothari Products Limited Issues Public Notice for Transfer of Equity Shares to IEPF Demat Account

3 min read     Updated on 13 May 2026, 06:56 PM
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AI Summary

Kothari Products Limited has issued a public notice for the transfer of equity shares to the IEPF demat account, published in 13 newspaper editions on 12th May, 2026. The transfer pertains to shares with unclaimed/unpaid dividends for seven consecutive years from Financial Year 2018-19, with the due date for transfer set at 15th September, 2026. Shareholders are urged to claim their unclaimed dividend by 31st August, 2026 to prevent the transfer. Those whose shares are transferred may reclaim them from the IEPF Authority by filing Form IEPF-5 online.

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Kothari Products Limited has published a statutory public notice regarding the transfer of equity shares to the Investor Education and Protection Fund (IEPF) demat account. The notice, dated 12th May, 2026, was published across multiple newspaper editions in compliance with Regulation 47 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The communication was submitted to the stock exchanges by Raj Kumar Gupta, CS & Compliance Officer (FCS-3281), on 13th May, 2026.

Regulatory Basis for Share Transfer

The notice has been issued pursuant to Section 124(6) of the Companies Act, 2013, read with the Investor Education and Protection Fund Authority (Accounting, Audit, Transfer and Refund) Rules, 2016, as amended. Under these provisions, all shares in respect of which dividend has not been paid or claimed for seven consecutive years or more are required to be transferred to the demat account of the IEPF Authority, established by the Central Government under Section 125 of the Act.

As per the company's records, the unclaimed/unpaid dividend for Financial Year 2017-18 was transferred to the IEPF on 9th February, 2025. Shares relating to unclaimed/unpaid dividend for seven consecutive years from Financial Year 2018-19 are presently lying with the company. The due date for transfer of these shares to the IEPF Authority's demat account is 15th September, 2026, and the transfer shall be completed within thirty days from the due date.

Newspaper Publications

The notice was published across 13 editions spanning two newspapers on 12th May, 2026, as detailed below:

Newspaper: Language Edition
Hindustan Hindi Kanpur
Business Standard English Lucknow
Business Standard English Ahmedabad
Business Standard English Bengaluru
Business Standard English Kolkata
Business Standard English Chandigarh
Business Standard English Hyderabad
Business Standard English New Delhi
Business Standard English Pune
Business Standard English Mumbai
Business Standard English Kochi
Business Standard English Bhubaneswar
Business Standard English Chennai

Key Dates and Shareholder Actions

The company has outlined the following critical timelines and actions for concerned shareholders:

Parameter: Details
Dividend transferred to IEPF (FY 2017-18): 9th February, 2025
Dividend period subject to transfer: Financial Year 2018-19 onwards (7 consecutive years)
Deadline to claim unclaimed dividend: 31st August, 2026
Due date for share transfer to IEPF: 15th September, 2026
Transfer completion period: Within 30 days from due date

Process for Physical and Demat Shareholders

The company has outlined separate procedures for shareholders holding shares in physical and dematerialised form:

  • Physical shareholders: The company will issue new share certificate(s) in lieu of original share certificate(s) for the purpose of transfer to IEPF. Upon such issue, the original share certificate(s) shall stand automatically cancelled and be deemed non-negotiable.
  • Demat shareholders: The company will inform the depository by way of corporate action for transfer of shares in favour of the IEPF demat account. Consequently, the concerned shareholders' demat accounts will be debited.

How Shareholders Can Prevent Transfer

Shareholders who wish to stop the transfer of their shares to the IEPF Authority are requested to claim their unclaimed/unpaid dividend at the earliest, and no later than 31st August, 2026. If no communication is received from the concerned shareholder(s) within the stipulated time, the company will proceed with the transfer.

Shareholders whose shares or unpaid dividend have already been transferred to the IEPF Authority may claim the same by submitting an online application in Form IEPF-5, available on the website www.iepf.gov.in , along with a copy to the company. Details of concerned shareholders and their folio number/DP ID-Client ID are available on the company's website at www.kothariproducts.in under the "Investors" section. The information is also available on the websites of the stock exchanges, www.nseindia.com and www.bseindia.com .

Historical Stock Returns for Kothari Products

1 Day5 Days1 Month6 Months1 Year5 Years
+3.14%+4.27%+3.60%-3.31%-11.66%+97.69%

How might the volume of shares transferred to IEPF in September 2026 impact Kothari Products' shareholder base and future voting dynamics?

What trends are emerging in IEPF claim recovery rates through Form IEPF-5, and how successful are shareholders typically in reclaiming transferred shares?

Could SEBI consider streamlining or digitizing the IEPF reclaim process to improve shareholder awareness and reduce unclaimed dividend volumes across listed companies?

More News on Kothari Products

1 Year Returns:-11.66%