Megastar Foods has scheduled its 15th Annual General Meeting (AGM) for September 23, 2026. The meeting will be conducted through Video Conferencing or Other Audio Visual Means in compliance with SEBI and MCA regulations.

The company notified stock exchanges on August 29, 2026, regarding the convening of the meeting to transact business as set forth in the notice. The AGM will address the Annual Report for the financial year 2025-26.

E-Voting Schedule

Shareholders can participate in the e-voting process during the specified window. The cut-off date for e-voting eligibility is September 17, 2026.

Regulatory Compliance

The disclosure was made pursuant to Regulation 34(1) read with Regulation 30 of the SEBI Listing Obligations and Disclosure Requirements Regulations, 2015. The Annual Report containing the AGM notice is available on the company’s website.

Megastar Foods reported a consolidated net profit of ₹223.17 lakh for the quarter ended June 30, 2026 (Q1FY27), marking a 41.5% increase compared to ₹161.55 lakh in the corresponding period of the previous year. The wheat products manufacturer saw revenue from operations rise to ₹13,257.08 lakh, up from ₹10,733.58 lakh in Q1FY26. The improvement in profitability was underpinned by better cost management and a significant reduction in finance costs, which fell to ₹233.97 lakh from ₹249.46 lakh year-on-year.

The Board of Directors approved the unaudited standalone and consolidated financial results at its meeting held on August 12, 2026. The results were reviewed by the Audit Committee and subjected to a limited review by the statutory auditors, Nitin Mahajan & Associates, in compliance with Regulation 33 of the SEBI Listing Regulations. The company also announced that its 15th Annual General Meeting will be held on September 23, 2026, via video conferencing or other audio-visual means, with September 17, 2026, as the cut-off date for determining voting eligibility.

Financial Performance Overview

Megastar Foods demonstrated steady growth in its top line while maintaining control over its expense structure. Total income stood at ₹13,278.78 lakh, reflecting an increase from ₹10,735.77 lakh in Q1FY26. While cost of materials consumed rose to ₹10,864.52 lakh from ₹7,738.95 lakh, the company managed to keep other expenses relatively stable at ₹533.85 lakh.

The profit before tax increased to ₹304.71 lakh from ₹212.44 lakh in the prior year quarter. Tax expenses remained consistent at ₹81.54 lakh (current tax of ₹41.08 lakh and deferred tax of ₹40.46 lakh), resulting in the stronger bottom-line performance.

What the Numbers Show

A key driver of the improved net profit margin was the enhanced interest service coverage ratio, which rose to 2.30 times from 2.21 times in Q1FY26. This indicates a stronger ability of the company to meet its interest obligations from operating profits. Additionally, the debt equity ratio improved slightly to 0.64 times from 0.68 times, suggesting a gradual deleveraging or improvement in equity base relative to debt. The debt service coverage ratio also strengthened to 1.10 times from 0.84 times, providing greater cushion against debt repayment pressures.

The standalone results mirrored the consolidated performance, with a net profit of ₹223.37 lakh compared to ₹157.87 lakh in Q1FY26. The subsidiary, Megapacific Ventures Private Limited, contributed minimally to the group’s revenue with ₹0.03 lakh but incurred a net loss of ₹0.40 lakh for the quarter. The company continues to operate as a single business segment focused on the manufacture and sale of wheat products, with no exceptional or extraordinary items reported for the period.