Orkla India Limited’s Board has recommended the ratification of its pre-IPO Employee Stock Option Plan 2025 and Management Stock Option Plan 2025 at the upcoming Annual General Meeting (AGM) to ensure compliance with SEBI regulations. The 30th AGM is scheduled to be held on Wednesday, August 19, 2026, through Video Conferencing (VC) or Other Audio-Visual Means (OAVM). Shareholders previously approved these plans on May 16, 2025, but a subsequent ratification is now required following the company's Initial Public Offering (IPO) to permit fresh grants of options involving share allotments or transfers.

The Board's decision aligns with Regulation 12 of the SEBI (Share Based Employee Benefits and Sweat Equity) Regulations, 2021. This regulation mandates that no company shall make fresh grants of employee stock options under schemes formulated prior to an IPO unless such schemes are ratified by shareholders subsequent to the listing. Consequently, the Board has placed the matter before shareholders for approval during the ensuing AGM.

The Notice of the AGM and the Annual Report for the financial year 2025-26 will be dispatched to shareholders and submitted to the stock exchanges in due course. The Board meeting, where these recommendations were approved, commenced at 9:30 A.M. IST and concluded at 5:00 P.M. IST on June 09, 2026.

Key Meeting Details

The company, formerly known as Orkla India Private Limited, has its registered office in Bengaluru. Kaushik Seshadri, Company Secretary and Compliance Officer, signed the regulatory filing confirming these developments.

Orkla India Limited has reported a profit after tax (PAT) of ₹286 crore for the financial year ended March 31, 2026, an increase of 11.7% compared to the previous year. The company achieved revenue from operations of ₹2,509 crore, registering a growth of 4.8% year-on-year. EBITDA grew 7.0% to ₹424 crore, with EBITDA margins expanding to 16.9% during the year. The Board of Directors approved the results during a meeting held on May 19, 2026. Additionally, the company disclosed an investor presentation for the quarter ended March 31, 2026, in accordance with Regulation 30 of the SEBI Listing Regulations.

Quarterly Financial Performance

For the quarter ended March 31, 2026, Orkla India reported revenue from operations of ₹626 crore, compared to ₹596 crore in the same period last year. EBITDA for the quarter stood at ₹100 crore, up from ₹95 crore year-on-year, with EBITDA margins at 16% compared to 16.00% in the prior-year quarter. Consolidated net profit for Q4 came in at ₹73 crore, against ₹35 crore in the year-ago period. The company noted that Q4 performance was impacted by external headwinds, including geopolitical volatility and temporary market disruption in Kerala.

Key Financial Metrics

The following table summarizes the consolidated financial performance:

Key Business Highlights

The company achieved volume growth of 5.9% for FY26, the highest in the past four years. Digital commerce revenue grew significantly, driven by strategic initiatives, recording a 38% year-on-year growth for the fiscal year and 23% growth in Q4 FY26. EBITDA expansion was supported by volume-led growth and disciplined operational management. The international business, particularly the GCC region, demonstrated resilience with an 11.8% year-on-year revenue growth despite geopolitical disruption.

Management Outlook

Management indicated that the company expects revenue growth to be driven by a combination of increased prices and volumes, with a clear focus on volume-led growth as a core strategic priority. The company expects to maintain double-digit growth going forward. On the international front, management reported that supply chain issues to West Asia are starting to resolve, which is expected to support the recovery of the international business segment.

Strategic Initiatives

Management highlighted progress on strategic initiatives such as the 'Kerala Distribution Restructuring' and 'Project Bolt'. The Kerala project aims to expand spices coverage and accelerate convenience foods growth, while Project Bolt focuses on accelerating digital commerce growth through a dedicated execution playbook and digital-first innovations. The company is also building a future-ready distribution engine in Kerala to address market disruptions.

Conference Call Update

In accordance with SEBI Listing Regulations, the company has disclosed the audio recording of the conference call with analysts and investors held on May 19, 2026. The recording, which covers the audited financial results for the quarter and financial year ended March 31, 2026, is available on the company's official website. The investor presentation for Q4 FY26 has also been made available on the website.