Prevest Denpro has confirmed that its 27th Annual General Meeting (AGM) will be held on Thursday, September 17, 2026, at 12:30 pm through Video Conferencing or Other Audio Visual Means (VC/OAVM). In compliance with Regulation 36(1)(b) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the company has dispatched physical letters to shareholders whose email addresses are not registered with the company, Registrar and Transfer Agent (RTA), or Depository Participants. These letters provide a web link and QR code to access the AGM Notice and the Integrated Annual Report for FY26.

The notice and report are also available on the company’s website and the BSE and NSDL e-voting portals. Shareholders with registered email addresses received the documents electronically under Regulation 36(1)(a). The key dates for the meeting remain unchanged from previous disclosures.

Key AGM Dates

Financial Performance Highlights

For the financial year ended March 31, 2026, Prevest Denpro reported significant top-line and bottom-line growth:

The company maintained a debt-free balance sheet throughout the period. Domestic business grew by 9%, while exports increased by 17.58%, reflecting improved international market penetration. The Board recommended a final dividend of ₹1 per equity share, representing 10% of the face value, subject to shareholder approval.

Key Agenda Items

The AGM notice outlines several ordinary and special business items for consideration:

• Director Appointments:
  • Re-appointment of Mrs. Niharika Modi, who retires by rotation.
  • Re-appointment of Mrs. Namrata Modi as Whole-Time Director and Mr. Sai Kalyan Surapaneni as Executive Director, both for three years effective December 21, 2025.
  • Appointment of three new Independent Directors: Mr. Piyush Kiranprakash Gupta, Mr. Abhijeet Sadashiv Haridas, and Mr. Sukhen Pal Babuta, each for a five-year term.
• Auditor Appointments: Appointment of M/s. A D V & Associates as Statutory Auditors for five years, replacing M/s. Mittal and Associates. The proposed remuneration for FY27 is ₹7.2 lakh plus applicable taxes.
• Remuneration Waiver: Approval for the waiver of recovery of excess managerial remuneration of ₹11.38 lakh paid to Executive Director Mr. Sai Kalyan Surapaneni during FY25 and FY26, which exceeded prescribed limits due to inadequacy of profits in prior periods.

Dividend Payment Process

The record date for determining dividend entitlement is Friday, June 12, 2026. Dividends will be paid electronically within 30 days of declaration. Shareholders holding shares in physical mode must update their bank account details with the Registrar and Transfer Agent, Bigshare Services Pvt. Ltd., to receive dividends via Electronic Clearing Service (ECS).

What the Numbers Show

The divergence between domestic growth (9%) and export growth (17.58%) highlights the company's accelerating international footprint. With exports constituting approximately 59% of total revenue (₹42.23 crore out of ₹71.66 crore), the stronger performance in overseas markets was a primary driver of the overall 13.63% revenue increase. This export-led expansion, combined with disciplined cost management, enabled the company to grow profits at a faster rate than revenue, resulting in an expansion of net profit margins from 28.86% in FY25 to 29.89% in FY26.

Prevest Denpro Limited reported a robust start to the fiscal year, with consolidated net profit rising 27.99% year-on-year to ₹563.86 lakh for the quarter ended June 30, 2026. The growth was underpinned by a 20.94% increase in revenue from operations to ₹1,906.83 lakh, reflecting sustained demand across its dental product portfolio. Alongside the financial results, the Board of Directors recommended a final dividend of ₹1.00 per equity share (10%) for the financial year ended March 31, 2026, subject to shareholder approval at the upcoming Annual General Meeting.

The company’s performance highlights strong operational momentum, with EBITDA growing 24.73% YoY to ₹808.14 lakh on a consolidated basis. Atul Modi, Chairman and Managing Director, attributed the results to growing acceptance of the product portfolio and a focus on operational efficiency. "We are pleased to begin FY 2026-27 on a strong note, delivering healthy double-digit growth across our key financial parameters," Modi stated. He emphasized the company’s commitment to expanding domestic and international presence through continued innovation.

Consolidated Financial Performance

On a consolidated basis, Prevest Denpro saw total income rise to ₹2,038.36 lakh from ₹1,693.24 lakh in the corresponding quarter of the previous year. This included other income of ₹131.53 lakh. Profit before tax increased by 26.23% to ₹755.89 lakh. Total expenses stood at ₹1,282.47 lakh, up from ₹1,094.43 lakh in Q1 FY26.

Standalone Results and Operational Notes

Standalone metrics mirrored the consolidated strength, with revenue from operations jumping 23.66% YoY to ₹1,944.33 lakh. Standalone net profit grew 24.77% to ₹578.23 lakh. Standalone EBITDA reached ₹821.88 lakh, up from ₹670.40 lakh in the prior year period.

A significant operational note for the quarter was the implementation of the Labour Codes notified by the Government of India on November 21, 2025, effective April 1, 2026. This regulatory change led to an increase in employee benefit expenses by ₹27.80 lakh on both standalone and consolidated bases. The company has recognized this impact in accordance with Institute of Chartered Accountants of India (ICAI) guidance.

Dividend Recommendation

The Board recommended a final dividend of 10% on the face value of ₹10 per share, amounting to ₹1.00 per equity share for FY26. This recommendation is pending approval at the 27th Annual General Meeting. If approved, the dividend will be paid within the prescribed timeline.

What the Numbers Show

The divergence between standalone and consolidated revenue growth — 23.66% versus 20.94% respectively — suggests that the parent company is driving the majority of the top-line expansion. However, the consolidated EBITDA margin expansion (24.73% growth vs 20.94% revenue growth) indicates improving operational leverage at the group level. The impact of new labour codes, while increasing expenses by ₹27.80 lakh, did not significantly dampen the overall profitability trajectory, demonstrating resilience in the company’s cost structure amidst regulatory changes.