Sealmatic India Limited has fixed Friday, July 17, 2026, as the record date to determine shareholder eligibility for a final dividend of ₹1.10 per equity share for the financial year ended March 31, 2026. The dividend, equivalent to 11% of the face value of ₹10 each, is subject to approval by shareholders at the ensuing Annual General Meeting (AGM). The company has scheduled its 17th AGM for Friday, July 24, 2026, at 2:00 p.m. IST through Video Conferencing (VC) or Other Audio Visual Means (OAVM).

AGM and E-Voting Details

The Board of Directors recommended the final dividend in the financial results for FY26. The intimation regarding the AGM and newspaper advertisements was submitted to BSE Limited pursuant to Regulation 30 and 47 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company has provided remote e-voting facilities for shareholders.

Corporate Action

The dividend declaration is contingent upon shareholder approval during the AGM. The remote e-voting period begins on July 21, 2026, at 9:00 a.m. and ends on July 23, 2026, at 5:00 p.m. Shareholders who have not voted remotely may vote during the AGM via e-voting. The communication was signed by Naresh Vasudevbbhai Kanzariya, Company Secretary & Compliance Officer.

Sealmatic India Limited has filed the transcript of its earnings call for the financial year ended March 31, 2026. The company reported a 2% year-on-year increase in sales turnover, which reached INR103 crores compared to INR101 crores in the previous year. Despite the revenue growth, profitability faced headwinds, with EBITDA declining to INR18.38 crores, resulting in an EBITDA margin of 17.36% compared to 24% in the prior year.

The earnings call, held on June 10, 2026, highlighted that the company achieved a profit before tax of INR14 crores. Management attributed the margin pressure to significant investments in market expansion and strategic pricing. Sealmatic participated in 14 international exhibitions during the year, costing approximately INR5 crores, and supplied critical API mechanical seals below the cost of raw materials to establish a long-term installed base, an investment of around INR8 crores.

Financial Performance

The company’s revenue composition reflected a balanced global strategy. Exports contributed 54.36% of total revenue, while the domestic market accounted for 45.64%. Within the export segment, distributors were the largest channel, generating INR40.29 crores, followed by OEM sales at INR14.5 crores. Domestic OEM sales contributed INR36.25 crores.

Operational Highlights and Outlook

Sealmatic secured orders for approximately 916 critical API mechanical seals for projects in the Middle East, including UAE, Saudi Arabia, Oman, Kuwait, and Iraq. Of these, 686 seals have been supplied, while 230 are under execution. The company noted that geopolitical instability has delayed project commissioning by about seven months. However, management views the installed base as a driver for future recurring revenue, with gross margins on replacement parts expected to be around 80%.

Looking ahead to FY27, the company guided for 15% revenue growth and expects EBITDA margins to improve to 23%–24%. This improvement is anticipated due to reduced expenditure on exhibitions and a tapering of subsidized API seal supplies. The company remains focused on expanding its footprint in the oil and gas sector, defense, and power industries.