Sakuma Exports reported a 25.4% decline in consolidated revenue to ₹17,174.5 crore for FY26, driven by subdued global sugar prices and shipping disruptions caused by the Middle East conflict. Consolidated net profit after tax fell 34% to ₹980.9 crore. The company will hold its 21st Annual General Meeting on September 29, 2026, to adopt these results.

The Board of Directors approved the draft notice during its meeting on August 29, 2026. Shareholders holding shares as on the record date, September 23, 2026, are eligible to attend and vote. The Register of Members and Share Transfer Books will remain closed from Thursday, September 24, 2026, to Tuesday, September 29, 2026.

Financial Performance

Consolidated turnover decreased by 25.4% to ₹17,174.5 crore from ₹23,020.2 crore in the previous year. Standalone revenue also contracted by 24.1% to ₹14,652.9 crore. Profit before tax on a consolidated basis was ₹150.9 crore, down from ₹229.0 crore in FY25.

Standalone net profit after tax declined to ₹825.2 crore from ₹1,205.2 crore. The company did not declare any dividend for the financial year ended March 31, 2026.

Operational Challenges and Subsidiaries

Sugar export business remained unremunerative due to subdued global prices and halted shipping services to West Asia and Africa. The company expanded domestic trade of sugar and agri-commodities, maintaining growth through established supply chains for maize to multigrain refineries for ethanol production.

Subsidiary performance varied significantly. Sakuma Exports Pte Ltd (Singapore) posted a turnover of USD 40.4 lakh, up from USD 5.9 lakh, but reported a net loss of USD 25,667. Sakuma Exim DMCC (Dubai) saw turnover fall to AED 267.9 lakh with a net profit decline to AED 187,078. Sakuma Impex Limited (London) achieved a turnover of GBP 127.3 lakh against GBP 233.7 lakh previously.

Key Agenda Items

The primary ordinary business includes:

• Adoption of the Audited Standalone and Consolidated Annual Financial Statements for the financial year ended March 31, 2026.
• Approval of the Reports of the Board of Directors and Auditors.
• Re-appointment of Mr. Vivek Grover (DIN: 035994740), who retires by rotation and is eligible for re-election.

Director Profile and Remuneration

Mr. Vivek Grover, who holds a bachelor's degree in chemical engineering, was appointed to the board on May 29, 2017. His expertise lies in marketing and business development. He currently holds no shares in the company.

Voting and Meeting Logistics

The company has appointed Bigshare Services Private Limited to facilitate the virtual meeting and e-voting process. Remote e-voting will be open from Saturday, September 26, 2026, at 9:00 am to Monday, September 28, 2026, at 5:00 pm.

Mr. Rajeev Bhambri, Company Secretary in Practice, has been appointed as the Scrutinizer to oversee the voting process.

Unclaimed Dividends and IEPF

The notice highlights that an amount of ₹1,04,162.06 representing unclaimed final dividend for FY18 was transferred to the Investor Education and Protection Fund (IEPF). Shareholders are advised to claim unpaid dividends for subsequent years before their respective deadlines to avoid transfer to the IEPF Authority.

Sakuma Exports Limited reported a decline in financial performance for the fiscal year ended March 31, 2026, with consolidated net profit falling to ₹951.33 lakh from ₹1,479.44 lakh in the previous year. Revenue from operations for the year decreased to ₹170,800.24 lakh compared to ₹228,896.68 lakh in FY25. The board of directors approved the audited standalone and consolidated financial results for the quarter and year ended March 31, 2026, at a meeting held on May 30, 2026.

Financial Performance

The standalone net profit for FY26 stood at ₹795.64 lakh, a decrease from ₹1,198.99 lakh in the previous year. Standalone revenue from operations dropped to ₹145,058.41 lakh from ₹192,181.93 lakh in FY25. For the quarter ended March 31, 2026, the company reported a standalone net profit of ₹429.38 lakh and consolidated net profit of ₹652.07 lakh.

The basic and diluted earnings per share (EPS) for the consolidated results stood at ₹0.06 for FY26, down from ₹0.09 in the previous year. The statutory auditor, Ramesh M. Sheth & Associates, issued an unmodified opinion on the financial results.

Operational Details

The company's total expenditure for the consolidated results was ₹170,545.97 lakh for the year ended March 31, 2026. The finance cost for the year was ₹168.66 lakh, while depreciation and amortization expenses amounted to ₹270.17 lakh. The company stated that its business activity falls within a single primary business segment, trading in agro products.

Cash Flow Position

The net cash flow from operating activities for the consolidated entity was ₹26,891.99 lakh for FY26, compared to a negative cash flow of ₹13,804.04 lakh in the previous year. Cash and cash equivalents at the end of the year stood at ₹3,918.74 lakh, up from ₹2,544.77 lakh at the end of March 31, 2025.