NCC Blue Water Products has scheduled its 33rd Annual General Meeting for September 30, 2026. The meeting will be conducted via video conference or other audio-visual means at 3:00 pm.

The company is simultaneously reminding shareholders holding physical shares to update their KYC details with KFin Technologies Limited. This compliance measure aligns with SEBI Master Circular No. HO/38/13/(4)2026-MIRSD-POD/I/4298/2026 dated February 6, 2026.

AGM Details and Access

Shareholders with registered email addresses will receive the AGM notice and the Annual Report for FY26 electronically. Those without registered emails can access these documents on the company’s website.

E-voting will open on September 27, 2026, and close on September 29, 2026. The cut-off date for e-voting eligibility is September 23, 2026.

KYC Compliance for Physical Shareholders

Physical shareholders must provide PAN, address, mobile number, bank account details, specimen signature, and nomination choice. The PAN must be linked with Aadhaar; otherwise, it will be treated as invalid.

Shareholders can submit updated details using Form ISR-1, ISR-2, SH-13, SH-14, or ISR-3. These forms are available on the KFin Technologies website. Documents can be submitted physically, via email from a registered ID, or through the KFin web portal.

Failure to update KYC details may restrict access to grievance lodging or service requests from the Registrar and Share Transfer Agent.

NCC Blue Water Products Limited reported a net profit of ₹8.45 lakh for the quarter ended June 30, 2026 (Q1FY26), marking a 37.8% increase from the ₹6.13 lakh recorded in the same period last year. The Hyderabad-based seafood exporter saw its total income rise to ₹17.00 lakh, driven primarily by other income, which stood at ₹17.00 lakh compared to ₹14.88 lakh in Q1FY25. This improvement in profitability underscores stable financial asset performance despite minimal revenue from core operations, signaling a continued reliance on non-operating sources for earnings.

The Board of Directors approved the unaudited financial results during a meeting held on August 10, 2026, in compliance with Regulation 33 and Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The results were reviewed by the Audit Committee and subjected to a limited review by the company’s statutory auditors, K.P.Rao & Co., Chartered Accountants. The firm issued a clean report, stating that nothing came to their attention to suggest material misstatement in the interim financial information prepared under Ind AS 34.

Financial Performance Overview

The company’s income structure remains heavily reliant on non-operating sources. While income from operations was nil for the quarter, other income contributed the entirety of the ₹17.00 lakh total income. This represents a modest increase from the ₹14.88 lakh recorded in Q1FY25. For the full year ended March 31, 2026, total income was ₹66.19 lakh, with other income accounting for ₹66.19 lakh.

Expenses were contained at ₹5.71 lakh for the quarter, down significantly from ₹6.69 lakh in Q1FY25. Other expenses constituted the bulk of this outlay at ₹5.71 lakh, compared to ₹5.57 lakh in the prior year quarter. Employee costs and finance costs were negligible or nil for the current quarter, contributing to the improved bottom line. Depreciation and power/fuel costs were also nil.

Note: Figures are in ₹ Lakhs. Q4FY25 figures are balancing figures between audited FY25 and published YTD figures.

What the Numbers Show

The most striking aspect of NCC Blue Water’s Q1FY26 performance is the complete absence of income from operations. With operational revenue at zero, the entire profit engine is driven by 'Other Income,' which likely comprises interest income, gains on investments, or prior period adjustments. This structural reliance on non-operating income suggests that the company’s core business activities may be dormant or seasonal, with financial assets generating the primary returns. Investors should monitor whether this pattern persists, as it indicates a deviation from typical operating metrics for an export-oriented manufacturing entity.

Corporate Governance and Upcoming Events

In addition to approving the quarterly results, the Board convened to schedule the company’s 33rd Annual General Meeting (AGM). The meeting is set for Wednesday, September 30, 2026. Shareholders will receive the notice for the AGM along with the Annual Report for FY25-26 in due course. The Board meeting commenced at 3:30 PM and concluded at 4:30 PM on August 10, 2026.

The unaudited standalone financial results have been prepared in accordance with Indian Accounting Standards (Ind AS) specified under Section 133 of the Companies Act, 2013. The statutory auditor, K.P.Rao & Co., conducted the limited review as required under SEBI regulations, confirming that the statement discloses all required information without material misstatement.