Majestic Auto Limited reported a standalone net profit of ₹114.18 crore for the financial year ended March 31, 2026, marking a significant turnaround from a loss of ₹3.36 crore in the previous year. The company’s revenue from operations for the period stood at ₹2028.57 lakh, compared to ₹2443.67 lakh in FY25.

The board has recommended a final dividend of ₹25 per share for FY 2025-26, subject to the approval of shareholders at the 53rd Annual General Meeting scheduled for August 17, 2026. This follows the payment of a special interim dividend of ₹35 per share earlier in the year.

Financial Performance

The company’s financial results for the year reflect a substantial improvement driven by exceptional items and strategic asset monetization. The profit before tax for FY26 was recorded at ₹14386.03 lakh, a sharp increase from a loss of ₹9.14 lakh in the preceding year. Total comprehensive income for the year was ₹12222.41 lakh, compared to a total comprehensive loss of ₹957.40 lakh in FY25.

Strategic Developments

During the year, the company executed the sale deed for its entire investment property for a total consideration of ₹143.52 crore. Additionally, the company sold its entire 80% investment in its subsidiary, Emirates Technologies Private Limited, for ₹196 crore. These transactions contributed to the exceptional income of ₹12280 lakh recorded during the year.

The company stated that it has completely reduced its debt by monetizing land assets, allowing it to generate cash for dividend payments. It continues to evaluate investments into higher-yield assets and opportunities to diversify its treasury operations.

Corporate Governance

The 53rd Annual General Meeting will be held through Video Conferencing and Other Audio-Visual Means (VC/OAVM) on August 17, 2026, in compliance with applicable MCA & SEBI circulars. The remote e-voting period commences on August 14, 2026, and concludes on August 16, 2026. The cut-off date for reckoning voting rights is August 10, 2026.

M/s Hari S & Associates, Chartered Accountants, audited the financial statements and issued an unmodified opinion. There were no qualifications or adverse remarks in the audit report for the financial year 2025-26.

Majestic Auto Ltd has accepted the resignation of its Chief Financial Officer, Ajay Kumar, effective June 24, 2026, due to personal reasons. The Board of Directors approved the resignation on June 8, 2026, relieving him from his duties at the close of business hours on the effective date. The disclosure was made to BSE Limited in compliance with Regulation 30 and Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The company stated that the resignation was submitted by Ajay Kumar, who served as a Key Managerial Personnel. In his resignation letter addressed to the Board, he cited personal reasons for his inability to continue employment. The Managing Director, Manish Munjal, accepted the resignation on June 8, 2026.

The following table details the specifics of the cessation:

The company has requested the exchange to treat the communication as compliance with the applicable provisions of the Listing Regulations. The resignation details were enclosed as per the requirements of the SEBI Master Circular dated January 30, 2026.