Poddar Pigments FY26: Net Profit ₹1,476 Lakh, Dividend ₹4

3 min read     Updated on 19 May 2026, 12:15 PM
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Poddar Pigments reported a net profit of ₹1,475.94 lakh for FY26, a decline from ₹2,281.80 lakh in the previous year, on total income from operations of ₹38,170.64 lakh. The board recommended a final dividend of ₹4 per share, subject to shareholder approval, and commissioned a 3.51 MWp Solar Power Plant in January 2026.

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Poddar Pigments Limited held its Board of Directors meeting on May 15, 2026, to consider and approve the audited financial results for the quarter and financial year ended March 31, 2026. The board also recommended a final dividend for FY2025-26. The results were audited by M/s. K.N. Gutgutia & Co., Chartered Accountants, Statutory Auditors of the Company, who issued an audit report with an unmodified opinion. The declaration to this effect was made by Yug Mahesshwari, Chief Financial Officer, in accordance with Regulation 33(3)(d) of the SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015.

Financial Performance: Quarter and Year Ended March 31, 2026

The company reported total income from operations of ₹38,170.64 lakh for the full year ended March 31, 2026, compared to ₹37,546.97 lakh in the previous year. Net profit after tax for the year stood at ₹1,475.94 lakh, against ₹2,281.80 lakh in the prior year. Profit before tax for the full year was ₹2,004.33 lakh, compared to ₹3,034.94 lakh previously. The following table summarises the key financial metrics:

Metric: Q4 FY26 (Audited) Q3 FY26 (Unaudited) Q4 FY25 (Audited) FY26 (Audited) FY25 (Audited)
Total Income from Operations (₹ lakh): 10,405.88 9,198.39 8,857.69 38,170.64 37,546.97
Profit Before Tax (₹ lakh): 475.51 405.74 615.41 2,004.33 3,034.94
Net Profit After Tax (₹ lakh): 474.36 225.37 514.06 1,475.94 2,281.80
Total Comprehensive Income (₹ lakh): (1,249.81) (391.51) 6.44 (902.17) 1,925.63
Basic EPS (₹): 4.47 2.12 4.85 13.91 21.51
Diluted EPS (₹): 4.47 2.12 4.85 13.91 21.51

Balance Sheet Highlights

As at March 31, 2026, the company's total assets stood at ₹41,198.92 lakh, compared to ₹41,356.70 lakh as at March 31, 2025. Total equity was ₹35,062.24 lakh, comprising equity share capital of ₹1,061.00 lakh and other equity of ₹34,001.24 lakh. Key balance sheet figures are presented below:

Particulars: As at 31-Mar-26 (₹ lakh) As at 31-Mar-25 (₹ lakh)
Total Non-Current Assets: 22,212.23 22,721.65
Total Current Assets: 18,986.69 18,635.05
Total Assets: 41,198.92 41,356.70
Equity Share Capital: 1,061.00 1,061.00
Other Equity: 34,001.24 35,280.00
Total Equity: 35,062.24 36,341.00
Total Non-Current Liabilities: 1,334.45 1,386.19
Total Current Liabilities: 4,802.23 3,629.51
Total Equity and Liabilities: 41,198.92 41,356.70

Cash Flow Summary

For the year ended March 31, 2026, Poddar Pigments generated net cash flows from operating activities of ₹5,516.64 lakh, compared to ₹1,221.78 lakh in the previous year. Net cash used in investing activities was ₹4,100.85 lakh, primarily on account of purchase of property, plant and equipment amounting to ₹3,176.43 lakh. Net cash used in financing activities was ₹1,151.76 lakh, which included dividends paid to equity holders of ₹424.40 lakh and repayment of short-term borrowings of ₹612.71 lakh. Cash and cash equivalents at the year end stood at ₹349.17 lakh, against ₹85.15 lakh at the beginning of the year.

Dividend and Key Corporate Developments

The board recommended a final dividend at the rate of 40%, i.e., ₹4/- per equity share of ₹10/- each for the financial year ended March 31, 2026, subject to the approval of shareholders at the ensuing 35th Annual General Meeting. The total outgo on this account will be ₹424.40 lakh. The book closure date has been fixed at 7 days before the date of the 35th Annual General Meeting. Additionally, the company successfully commissioned a Solar Power Plant of 3.51 MWp (3510 KWp) on January 23, 2026, at Village Sangarh, District Jaisalmer, Rajasthan. The company operates in a single reportable business segment, namely Master Batches. The audited results were reviewed by the Audit Committee and approved by the Board of Directors at the meeting held on May 15, 2026.

Historical Stock Returns for Poddar Pigments

1 Day5 Days1 Month6 Months1 Year5 Years
+0.04%+1.29%+0.81%-0.23%-14.80%+14.23%

How will the 3.51 MWp solar plant in Rajasthan impact Poddar Pigments' energy costs and margins in FY2026-27, and are there plans to expand renewable energy capacity further?

Given the significant decline in net profit from ₹2,281.80 lakh to ₹1,475.94 lakh despite relatively stable revenues, what specific cost pressures or margin headwinds could persist into FY2026-27?

With total comprehensive income turning deeply negative at ₹(902.17) lakh, largely driven by other comprehensive income losses, what underlying factors such as actuarial losses or investment write-downs could continue to weigh on shareholder equity?

Poddar Pigments Announces Postal Ballot Results with 99.9994% Approval Rate

2 min read     Updated on 13 Apr 2026, 07:20 PM
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Poddar Pigments Limited successfully completed its postal ballot process with overwhelming 99.9994% approval for appointing Shri Visvanathan Muthukumar as Independent Director. The remote e-voting process saw participation of 6,652,720 votes from total 10,610,000 shares, with promoter group showing 100% support and public non-institutions achieving 99.86% approval rate.

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Poddar Pigments Limited has successfully completed its postal ballot process and announced the voting results for the appointment of an Independent Director. The remote e-voting process concluded on April 11, 2026, with overwhelming shareholder approval of 99.9994% for the special resolution.

Postal Ballot Process Overview

The Board of Directors approved the postal ballot process in their meeting held on February 27, 2026, seeking shareholders' consent through remote e-voting. The process was conducted in accordance with Section 108 and 110 of the Companies Act, 2013, and relevant SEBI regulations.

Parameter: Details
Notice Date: February 27, 2026
Cut-off Date: March 6, 2026
Dispatch Date: March 12, 2026
E-voting Period: March 13, 2026 (9:00 AM) to April 11, 2026 (5:00 PM)
Service Provider: Central Depository Services (India) Ltd (CDSL)
Total Shareholders: 9,661

Voting Results and Approval Details

The special resolution for appointing Shri Visvanathan Muthukumar as Independent Director received exceptional support from shareholders across all categories. The detailed voting breakdown shows strong confidence in the appointment.

Voting Category: Shares Held Votes Polled Votes in Favour Votes Against Approval Rate
Promoter Group: 6,623,658 6,623,658 6,623,658 0 100.00%
Public Non-Institutions: 3,961,742 29,062 29,020 42 99.86%
Public Institutions: 24,600 0 0 0 0.00%
Total: 10,610,000 6,652,720 6,652,678 42 99.9994%

Independent Director Appointment

The appointment of Shri Visvanathan Muthukumar (DIN: 00584405) as Independent Director was approved with requisite majority. The appointment strengthens the company's board composition with enhanced corporate governance.

Appointment Details: Information
Director Name: Shri Visvanathan Muthukumar
DIN: 00584405
Category: Non-Executive Independent Director
Effective Date: February 27, 2026
Term End Date: September 30, 2030
Liability to Retire: Not liable to retire by rotation

Scrutinizer's Report and Compliance

Mr. Akshit Kumar Jangid, Practicing Company Secretary (FCS 11285, CP No. 16300) from M/s. Pinchaa & Co., Company Secretaries, Jaipur, served as the appointed Scrutinizer. The scrutinizer's report confirmed the fair and transparent conduct of the postal ballot process, with votes downloaded from CDSL's e-voting platform in the presence of independent witnesses Ms. Krati Upadhyay and Ms. Harshita Sharma.

The postal ballot notice was dispatched electronically to members whose email addresses were registered as on the cut-off date. An advertisement was published on March 13, 2026, in "Business Standard" (English Edition) and "Nafa Nuksan" (Hindi Edition) newspapers, ensuring compliance with Rule 22 of the Companies (Management and Administration) Rules, 2014. Company Secretary Rajeev Kumar (ACS No. 33990) signed the disclosure documents, confirming completion of all procedural requirements.

Historical Stock Returns for Poddar Pigments

1 Day5 Days1 Month6 Months1 Year5 Years
+0.04%+1.29%+0.81%-0.23%-14.80%+14.23%

What strategic initiatives or business expansion plans might Poddar Pigments pursue with the enhanced board governance from this new independent director appointment?

How could Shri Visvanathan Muthukumar's industry expertise and background influence the company's future operational decisions and market positioning?

Will this board strengthening signal potential IPO preparations or other capital market activities for Poddar Pigments in the coming quarters?

More News on Poddar Pigments

1 Year Returns:-14.80%