Metroglobal has scheduled its 34th Annual General Meeting for September 18, 2026, to approve a final dividend of ₹2.50 per equity share for FY26. The meeting will also seek shareholder consent for the reappointment of key directors and a significant expansion in lending limits.

The company reported a profit after tax of ₹2,150.81 lakh for FY26, up from ₹936.31 lakh in FY25. Revenue stood at ₹23,511.48 lakh, slightly lower than the ₹23,968.27 lakh recorded in the prior year. The proposed dividend payout aggregates to ₹308.36 lakh.

What the Numbers Show

Profitability expanded sharply despite a marginal contraction in top-line revenue. Profit before tax rose to ₹3,040.51 lakh from ₹1,147.31 lakh in FY25, indicating improved cost efficiency or margin management even as sales declined by approximately 1.9%.

Key Resolutions

Shareholders will vote on the following ordinary and special resolutions:

• Dividend Declaration: Approval of the final dividend of ₹2.50 per share (25%). The record date is fixed for September 11, 2026, with payment expected on or after September 29, 2026.
• Director Reappointments:
  • Mrs. Krati Rahul Jain for reappointment as Non-Executive Director.
  • Mr. Rahul Gautamkumar Jain as Whole-time Director for five years, with remuneration ranging from ₹72 lakh to ₹1.2 crore annually.
  • Mr. Gautamkumar Mithalal Jain as Executive Chairman and Managing Director for five years, with identical remuneration limits.
• Lending Limits: A special resolution to permit loans, guarantees, or investments up to ₹1,000 crore over and above statutory limits under Section 186 of the Companies Act, 2013.

Voting and Logistics

The AGM will be conducted via Video Conference or Other Audio Visual Means. Remote e-voting opens on September 15, 2026, at 9:00 am and closes on September 17, 2026, at 5:00 pm. The register of members will remain closed from September 12 to September 18, 2026.

Source: https://lodr-files.dhan.co/lodr-inputs/Company/INE085D01033/81341210-6318-4f7e-a67b-39c924a95504.pdf

Metroglobal reported a consolidated net profit of ₹4.96 crore for the quarter ended June 30, 2026, marking a 25% year-on-year increase from ₹3.97 crore in Q1FY26. The growth was materially supported by a ₹3.96 crore income tax refund received pursuant to rectification orders under Section 154 of the Income-tax Act, 1961, for assessment years 2003-04, 2004-05, and 2005-06. Consolidated revenue from operations stood at ₹81.30 crore, up from ₹64.63 crore in the corresponding period of the previous fiscal. Standalone net profit rose 20% to ₹4.79 crore, compared to ₹3.97 crore previously.

The Board of Directors approved the unaudited financial results in a meeting held on August 08, 2026, in compliance with Regulation 30 and Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Statutory auditors KPSJ & Associates LLP issued an unqualified limited review report on both standalone and consolidated results. The results were published in Business Standard and Jai Hind newspapers as per Regulation 47 of the SEBI LODR Regulations.

Key Financial Metrics

Governance and Corporate Actions

The Board recommended the re-appointment of Rahul G. Jain as Whole-time Director and Gautam M. Jain as Executive Chairman and Managing Director for a further term of five years, effective November 12, 2026. These appointments are subject to shareholder approval at the ensuing general meeting. Remuneration for both directors will be fixed effective from the same date. Additionally, the Board approved revisions to limits for loans, guarantees, securities, and investments under Section 186 of the Companies Act, 2013. The 34th Annual General Meeting (AGM) is scheduled for September 18, 2026, via Video Conferencing or Other Audio Visual Means.

What the Numbers Show

The reported profit growth is heavily influenced by non-operational factors. The ₹3.96 crore income tax refund constitutes a significant portion of the bottom-line improvement, suggesting that operational profitability may not have expanded at the same pace as the headline net profit figure. Investors should note that the refund relates to legacy assessment years, indicating a one-time benefit rather than a recurring operational trend. Segment-wise, the Trading & Finance segment remains the primary contributor to revenue and profit, while the Infrastructure & Realty segment contributed marginally with ₹0.79 crore in revenue and ₹0.10 crore in pre-tax profit.