Narmada Gelatines Ltd disclosed the voting results for its 65th annual general meeting, confirming that all five resolutions were approved by shareholders. The meeting took place on August 19, 2026, with participation through remote e-voting and video conferencing facilities.

The company filed the intimation with the Bombay Stock Exchange on August 21, 2026, pursuant to Regulation 44(3) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Dr. Asim Kumar Chatopadhyay served as the scrutinizer for the process, submitting his report on August 19, 2026.

Meeting Participation Details

Shareholder engagement was primarily digital, with no attendees present physically or through proxies. The record date for the meeting was set as August 12, 2026, with a total of 7,894 shareholders on record.

The absence of physical attendance highlights the continued shift toward hybrid and digital governance mechanisms among listed entities. The promoter group’s presence was limited to two representatives via video conferencing, while public shareholders accounted for the majority of the virtual attendance.

Regulatory Compliance

The voting results and the scrutinizer’s report are available on the company’s website and the Central Depository Services (India) Limited portal. The board had appointed the scrutinizer during its meeting on May 25, 2026. Mahima Patkar, Company Secretary and Compliance Officer, signed the disclosure document.

Narmada Gelatines Limited reported a strong start to FY26, with standalone net profit rising 64% year-on-year to ₹8.19 crore in the quarter ended June 30, 2026. The growth was driven by a 23% surge in revenue from operations to ₹56.37 crore, reflecting sustained demand for its gelatine and DCP products. Consolidated net profit increased by 56% to ₹9.33 crore, supported by operational efficiency and contributions from its associate company.

The Board of Directors approved the unaudited standalone and consolidated financial results on August 12, 2026, following recommendations from the Audit Committee. The results were subjected to a limited review by statutory auditors Lodha & Co LLP, in compliance with Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Financial Performance Highlights

Standalone revenue from operations stood at ₹56.37 crore, compared to ₹45.77 crore in the corresponding quarter of the previous year. Total income for the standalone entity reached ₹56.51 crore, including other income of ₹0.14 crore. Consolidated total income mirrored the standalone figure at ₹56.51 crore, as the associate’s contribution is accounted for below the operating profit line.

What the Numbers Show

The consolidated net profit includes a share of profit from India Gelatine and Chemicals Limited (IGCL), an associate of the company. IGCL contributed ₹1.14 crore to the consolidated profit before tax in Q1FY26, up from ₹1.00 crore in Q1FY25. This associate contribution accounts for approximately 9% of the consolidated profit before tax, highlighting the strategic importance of the joint venture in overall profitability. Excluding this share, the core operational profit before tax for the group remained stable at ₹10.95 crore, matching the standalone figure.

Expenses were managed effectively despite the revenue surge. Cost of materials consumed rose to ₹27.20 crore from ₹25.96 crore, while employee benefits expense increased to ₹5.11 crore from ₹4.43 crore. Finance costs declined marginally to ₹0.15 crore from ₹0.24 crore. The company operates in a single reportable segment comprising gelatine and DCP manufacturing, as per Ind AS 108 aggregation criteria.

The statutory auditors, Lodha & Co LLP, issued their limited review report on August 12, 2026. The report confirms that the financial statements have been prepared in accordance with Ind AS 34 and do not contain any material misstatement. The auditors relied on the work of another auditor for the associate company, India Gelatine and Chemicals Limited, whose financials reflect a share of profit of ₹1.14 crore for the quarter.