Mewar Hi-Tech Engineering Ltd has announced the record date for its 20th Annual General Meeting. Shareholders on record as of September 23, 2026 will be eligible to vote.

The company scheduled the meeting for September 30, 2026 at 4:00 pm at its registered office in Udaipur, Rajasthan. Pursuant to Section 91 of the Companies Act, 2013 and Regulation 42 of SEBI (Listing Obligations and Disclosure Requirements) Regulation, 2015, the register of members and share transfer books will remain closed from September 24, 2026 to September 30, 2026.

Voting Process

The company will provide members with the facility to exercise their votes electronically in accordance with Section 108 of the Companies Act, 2013 and Regulation 44 of the SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015.

The remote e-voting period begins on September 27, 2026 at 9:00 am and concludes on September 29, 2026 at 5:00 pm. Members holding shares on the cut-off date can participate either through remote e-voting or by attending the physical meeting.

Mewar Hi-Tech Engineering Limited reported a net profit of ₹87.81 lakh for the financial year ended March 31, 2026, a decline from ₹285.37 lakh in the previous year. Revenue from operations for FY26 stood at ₹4,724.93 lakh, compared to ₹5,053.00 lakh in FY25. The company's board approved the audited standalone financial results for the year and half-year ended March 31, 2026, during a meeting held on May 30, 2026. The board appointed M/s Kothari Harshil & Associates, Chartered Accountants, as the internal auditor for the financial year 2026-27.

Financial Performance

The company's total income for the year ended March 31, 2026, was ₹4,726.94 lakh, down from ₹5,053.76 lakh in the prior year. Total expenses for FY26 were ₹4,589.12 lakh, slightly lower than ₹4,708.39 lakh in FY25. The profit before tax for the year was ₹137.81 lakh, compared to ₹345.37 lakh in the previous year. The basic earnings per share (EPS) for FY26 were reported at ₹2.25, down from ₹7.31 in FY25.

Operational Highlights and Ratios

The debt-equity ratio improved to 2.74 in FY26 from 2.93 in the previous year. The interest service coverage ratio stood at 2.05, while the debt service coverage ratio was 0.20. The company's finance costs for the year were ₹230.09 lakh, compared to ₹232.83 lakh in FY25. Depreciation and amortization expenses decreased to ₹104.89 lakh from ₹147.43 lakh in the prior year.

Auditor and Governance

M/s Maheshwari N. & Associates, Chartered Accountants, issued an unmodified opinion on the audited financial statements. The independent auditor's report highlighted related party transactions and inventory valuation as key audit matters. The company confirmed that no funds were advanced or invested by the company to or in any other persons or entities with the understanding that the intermediary shall lend or invest in other persons or entities identified by the company. The trading window for designated persons, which was closed from April 01, 2026, will reopen 48 hours after the declaration of the results.