SBEC Systems (India) Limited has scheduled its 37th Annual General Meeting for Tuesday, September 29, 2026. The meeting will commence at 11:30 am through Video Conferencing or Other Audio Visual Means.

The company published the notice in compliance with Regulation 30 and Schedule III of the SEBI Listing Regulations, 2015. The advertisement appeared in the Financial Express and Hari Bhoomi newspapers on September 2, 2026.

Meeting Details

Members attending the AGM via VC/OAVM will be reckoned for the purpose of quorum under Section 103 of the Companies Act, 2013. The session aims to transact business as set out in the official notice calling the meeting.

Regulatory Compliance

The virtual format adheres to relevant circulars issued by the Ministry of Corporate Affairs and the Securities and Exchange Board of India. Detailed information regarding remote e-voting is available on the company website.

SBEC Systems (India) Limited reported a net profit of ₹151.26 lakh for the financial year ended March 31, 2026, a decline of 38% from ₹243.78 lakh in the previous year. The decrease was primarily due to a significant rise in finance costs, which increased to ₹217.79 lakh from ₹118.68 lakh in FY25. Total income for the year rose to ₹394.80 lakh, compared to ₹376.91 lakh in the prior year, supported by interest income on finance lease rent which grew to ₹82.72 lakh from ₹30.26 lakh. For the quarter ended March 31, 2026, the company posted a net profit of ₹177.42 lakh.

Financial Performance

The board approved the audited standalone and consolidated financial results for the quarter and year ended March 31, 2026. Revenue from operations for the year stood at ₹345.99 lakh, slightly higher than the ₹325.29 lakh recorded in the prior year. Total expenses increased significantly to ₹381.97 lakh in FY26 from ₹205.32 lakh in FY25. The company’s earnings per share (EPS) for the year ended March 31, 2026, stood at ₹1.51, down from ₹2.44 in the previous year. The basic and diluted EPS for the quarter ended March 31, 2026, was reported at ₹1.77.

Segment Results

The company operates through two primary segments: Technical Services/Consultancy Services and Solar Power Generation. The Solar Power Generation unit reported a profit before tax of ₹64.85 lakh for the year, while the Technical Services segment recorded a loss before tax of ₹52.02 lakh. Total segment assets were reported at ₹2,993.02 lakh as of March 31, 2026.

Board Decisions

In addition to the financial results, the Board re-appointed M/s. Sarat Jain & Associates, Chartered Accountants, as the Internal Auditor of the company for the financial years 2026-27. The meeting was held on May 29, 2026, and commenced at 4:40 p.m., concluding at 5:00 p.m.

Auditor's Report

Thakur, Vaidyanath Aiyer & Co., Chartered Accountants, audited the standalone and consolidated financial results. The auditors issued an unmodified opinion, stating that the results give a true and fair view of the company's financial performance in conformity with Indian Accounting Standards (Ind AS). The report noted that the net worth of the associate company, SBEC Sugar Limited, has been completely eroded, and consolidation of loss on the basis of the equity method is no longer required.