Poddar Pigments Limited has scheduled its 35th Annual General Meeting (AGM) for September 21, 2026. The event will be conducted via video conferencing or other audio-visual means, in compliance with SEBI and Ministry of Corporate Affairs regulations.

Dividend Recommendation

The Board of Directors recommended a final dividend of ₹4 per equity share of face value ₹10 each for the financial year 2025-26 during its meeting on May 15, 2026. This payout is subject to approval by shareholders at the upcoming AGM.

Shareholder Instructions

The company will dispatch the Notice of the 35th AGM and the Annual Report for FY25-26 via email to members with registered email addresses. Those without registered emails will receive a letter containing a web link to access these documents.

Shareholders holding physical securities must update their KYC details, including PAN, nomination, and bank account information, to receive dividends electronically. As per SEBI mandates effective April 1, 2024, dividends for folios with incomplete KYC will be held back until details are updated.

Dividend income is taxable in the hands of the member. The company will deduct Tax Deducted at Source (TDS) as per the Income Tax Act, 2025. Members are advised to update their residential status and PAN with their DPs or RTA to ensure compliance.

Poddar Pigments reported a net profit of ₹4.65 crore for the quarter ended June 30, 2026, marking an 11.6% increase year-on-year from ₹4.17 crore in Q1FY26. The company’s total income rose to ₹95.03 crore, supported by a significant jump in other income, which offset a marginal decline in core revenue.

The board of directors approved the unaudited financial results on August 14, 2026. Statutory auditors K.N. Gutgutia & Co. issued a limited review report, confirming compliance with Ind AS 34 and SEBI Listing Regulations.

Financial Performance

Revenue from operations (net) stood at ₹90.13 crore, down 1.2% from ₹91.26 crore in the corresponding quarter of the previous fiscal year. However, total income increased to ₹95.03 crore, driven by other income rising to ₹49.03 lakh from ₹20.71 lakh in Q1FY26.

Total expenses were contained at ₹87.87 crore, compared to ₹87.13 crore in Q1FY26. Cost of materials consumed remained stable at ₹63.49 crore, while employee benefit expenses increased to ₹10.72 crore from ₹10.06 crore.

Profit before tax expanded to ₹7.17 crore from ₹6.20 crore in Q1FY26. Tax expenses for the quarter totaled ₹2.52 crore, comprising current tax of ₹10.23 lakh and deferred tax of ₹14.96 lakh.

What the Numbers Show

A key divergence in the results is the impact of non-operating items on profitability. While revenue from operations contracted slightly, other income more than doubled to ₹49.03 lakh, contributing significantly to the top-line growth. This surge in other income was the primary driver behind the 15.6% rise in profit before tax, indicating that operational margin expansion alone did not account for the bottom-line improvement.

Comprehensive Income & Equity

Total comprehensive income for the period reached ₹23.61 crore, a substantial increase from ₹3.49 crore in Q1FY26. This was largely driven by a gain of ₹21.27 crore from changes in the fair value of investments carried at fair value through OCI, partially offset by remeasurement losses on defined benefit obligations.

Paid-up equity share capital remained unchanged at ₹10.61 crore. Earnings per share (basic) were reported at ₹4.38, up from ₹3.93 in the previous year’s corresponding quarter.

Corporate Actions

The board also scheduled the company’s 35th Annual General Meeting for September 21, 2026, to be conducted via video conferencing.