Munjal Showa reported revenue from operations of ₹1,31,542.15 lakh for the financial year ended March 31, 2026, an increase from ₹1,25,044.73 lakh in the previous year. The company recorded a profit after tax of ₹2,187.17 lakh for FY26, compared to ₹2,886.98 lakh in FY25. The Board has recommended a dividend of 225%, or ₹4.50 per equity share, subject to shareholder approval.

The Board approved the audited financial results for the quarter and year ended March 31, 2026. M/s. Deloitte Haskins & Sells LLP, Statutory Auditors, issued an audit report with an unmodified opinion on the financial results. For the quarter ended March 31, 2026, the company reported a standalone net loss of ₹4.53 lakh, a shift from the net profit of ₹891.88 lakh in the corresponding quarter of the previous year. Standalone revenue for Q4 stood at ₹35,096.82 lakh compared to ₹31,147.70 lakh in the same period last year.

Financial Performance

The following table summarises the key financial metrics for the quarter and full year:

Key Board Decisions

• Dividend: 225% (₹4.50 per share) recommended for FY26, subject to shareholder approval.
• AGM: Convened for August 24, 2026.
• Book Closure: Register of members will remain closed from August 06, 2026 to August 24, 2026.
• Directors: Re-appointed Mr. Yogesh Chander Munjal, Mr. Neeraj Munjal, and Mr. Tetsuya Katsumata.
• Internal Auditor: Appointed M/s Vaish & Associates for FY 2026-27.

Exceptional Items

Total expenses for FY26 included a separation cost of ₹322.51 lakh paid to employees opting for a Voluntary Retirement Scheme (VRS). The company also recognised an exceptional charge of ₹220.02 lakh related to the impact of new Labour Codes, specifically an increase in gratuity liability arising from past service costs.

Source: https://lodr-files.dhan.co/lodr-inputs/Company/INE577A01027/7e46757ab63e4594.pdf

Munjal Showa Limited has adopted an amended Code of Conduct for Fair Disclosure of Unpublished Price Sensitive Information (UPSI) and a Code of Conduct to Regulate, Monitor and Report Trading by Insiders, effective May 29, 2026. The Board of Directors approved these amendments at its meeting held on May 29, 2026, pursuant to Regulation 8(2) of the SEBI (Prohibition of Insider Trading) Regulations, 2015. The move ensures compliance with regulatory standards governing the prevention of insider trading and the maintenance of fair disclosure practices.

Compliance Officer and Oversight

Ravinder Sharma, Company Secretary & Compliance Officer, will oversee the implementation of the codes. The Compliance Officer is mandated to report to the Board of Directors and the Chairman of the Audit Committee at least once a year. The officer is responsible for assisting employees with clarifications regarding the regulations and maintaining records of declarations for a minimum period of five years.

Trading Windows and Restrictions

The amended code establishes a trading window that closes when designated persons are reasonably expected to be in possession of UPSI. Specifically, a trading restriction period applies from the end of every quarter until 48 hours after the declaration of financial results. Designated persons and their immediate relatives are prohibited from trading in the company’s securities during these closure periods.

Pre-clearance and Trading Plans

Trading by designated persons is subject to pre-clearance by the Compliance Officer if the value of proposed trades exceeds thresholds stipulated by the Board. Insiders may formulate a trading plan, which must be approved and publicly disclosed. The plan cannot commence trading earlier than 120 days from public disclosure and must not overlap with existing plans. Trades must be executed within seven trading days of pre-clearance approval.

Disclosure Requirements

The code mandates that promoters, members of the promoter group, designated persons, and directors disclose holdings upon appointment and any changes in holdings within two trading days if the traded value exceeds ₹10 lakh in a quarter. The company must notify stock exchanges of such trading within two trading days of receipt of the disclosure. Additionally, the Chief Financial Officer has been designated as the Chief Investor Relations Officer to handle the dissemination of UPSI.