Mrs. Bhaviniben Gaurang Shah, a promoter group member of kotyark industries , has reduced her shareholding by disposing of 23,051 equity shares through an open market transaction on June 19, 2026. This sale decreased her stake by 0.22%, bringing her total holding down to 5.47% of the company's total voting capital. The disclosure was submitted to the National Stock Exchange of India Limited and BSE Limited under Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

Prior to this transaction, Mrs. Bhaviniben Gaurang Shah held 5,85,620 shares, representing 5.70% of the total voting capital. Following the disposal, her holding has adjusted to 5,62,569 shares. This sale follows a previous disposal of 9,500 shares on June 18, 2026, and earlier disposals of 25,000 shares on June 11, 2026, and 1,43,200 shares on May 7 and May 8, 2026.

Transaction Details

The shares were sold in a single tranche on the open market. The table below outlines the specific date and quantity of shares disposed of by the promoter in the latest filing.

Promoter Group Holdings

The total equity share capital of the company stands at ₹10,27,91,160, divided into 1,02,79,116 equity shares of ₹10 each. The filing detailed the holdings of Persons Acting in Concert (PAC), which includes family members and associated entities. Key members of the promoter group include Mr. Gaurang Rameshchandra Shah, who holds 50.26% of the shares. Following the latest transaction, the total promoter group holding adjusted to 57.34% of the total paid-up equity share capital.

Kotyark Industries Limited reported a 33.2% rise in profit after tax (PAT) to ₹19.36 crore for FY26, driven by a 9.3% increase in revenue from operations to ₹314.87 crore. The biodiesel manufacturer achieved an EBITDA of ₹47.94 crore, translating to a margin of 15.23%, up from 14.80% in the previous year. The company’s earnings per share (EPS) improved to ₹18.26 from ₹14.08 in FY25.

The company submitted its investor presentation and performance note to the National Stock Exchange of India Limited and BSE Limited on May 27, 2026, pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The filing highlighted the company's integrated manufacturing facilities in Sirohi, Rajasthan, and Anand, Gujarat, which support a flexible multi-feedstock platform capable of processing 10–15 raw materials.

Financial Performance

Kotyark Industries’ total income for FY26 stood at ₹314.92 crore, compared to ₹288.85 crore in FY25. Raw material expenses accounted for the significant portion of expenditure at ₹248.42 crore. Finance costs for the year were ₹8.32 crore, while depreciation and amortisation expenses were ₹12.82 crore. The company successfully expanded its biodiesel production capacity from 500 KLPD to 1,500 KLPD at its Rajasthan facility.

Quarterly Results

In Q4 FY26, the company recorded a significant surge in financial performance. Revenue for the quarter stood at ₹63.66 crore, up from ₹19.86 crore in Q4 FY25. PAT for the quarter jumped to ₹9.38 crore from ₹1.51 crore in the corresponding period of the previous year. The EBITDA margin for Q4 FY26 was 30.07%, compared to 28.20% in Q4 FY25.

Operational Outlook

Management targets increasing capacity utilization from current levels of 7–8% to 60–70% over the medium term. This growth is expected to be driven by higher participation from Oil Marketing Companies (OMCs), rising blending mandates, and expanding industrial demand. The company also focuses on its crude glycerin business, which contributes a high-margin revenue stream and reinforces its zero-waste manufacturing model. Kotyark Industries aims for an EBITDA margin of 18–22% over the next three years.