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.

Kotyark Industries announced that its Board of Directors approved the issuance of bonus equity shares in the ratio of 10:1, meaning shareholders will receive 10 bonus equity shares of Rs. 10 each for every 1 existing fully paid-up equity share held. The decision was taken at the board meeting held on May 14, 2026, subject to shareholder approval. Following this, the company issued a Postal Ballot Notice on May 15, 2026, pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, to seek member approval through a remote e-voting process.

Postal Ballot and E-Voting Schedule

The Postal Ballot Notice was sent electronically on May 15, 2026, to all members whose names appear in the Register of Members as on the cut-off date of Friday, May 08, 2026. The notice is also available on the company's website at www.kotyark.com . The remote e-voting facility, facilitated by National Securities Depository Limited (NSDL), will be open from Sunday, May 17, 2026 at 9:00 A.M. IST to Monday, June 15, 2026 at 5:00 P.M. IST. The results of the postal ballot will be declared on or before Wednesday, June 17, 2026, and communicated to the stock exchanges, registrar and share transfer agent, and e-voting agency. M/s. SCS and Co. LLP has been appointed as the Scrutinizer to oversee the e-voting process.

The key dates for the postal ballot process are summarised below:

Capital Increase and Shareholder Approval

The two resolutions being put to members via postal ballot are: (1) approval of the increase in authorised share capital and consequent alteration of Clause V of the Memorandum of Association, and (2) approval of the issuance of bonus shares. The board has proposed increasing the authorised share capital from Rs. 23,00,00,000 to Rs. 200,00,00,000, involving the creation of an additional 17,70,00,000 equity shares of Rs. 10 each, aggregating to additional capital of Rs. 177,00,00,000. This will raise the total number of equity shares from 2,30,00,000 to 20,00,00,000 with a face value of Rs. 10 each. KFin Technologies Limited serves as the Registrar and Share Transfer Agent.

Financial Implications and Dividend

The bonus issue will be funded by capitalising a sum of up to Rs. 102,79,11,600 from the Securities Premium Account and/or Free Reserves, as per the audited accounts for the financial year ended March 31, 2026. As on March 31, 2026, the company reported a Securities Premium balance of Rs. 7715.14 Lakhs and Retained Earnings of Rs. 7142.50 Lakhs. The board noted that a dividend of Rs. 5 per share was recommended for the financial year ended March 31, 2026, on the pre-bonus paid-up equity share capital. Consequent to the approval of the bonus issue, this dividend will be adjusted proportionately on the post-bonus paid-up equity share capital so that the overall dividend payout amount remains substantially unchanged.

The table below summarises the key capital metrics before and after the bonus issue:

The record date for determining eligibility for the bonus shares will be communicated later. The company expects to credit the bonus shares within two months from the board approval date, or by July 14, 2026, pending necessary approvals. The proposed resolutions, if approved by the requisite majority, shall be deemed to have been passed on June 15, 2026, the last date of e-voting.