Sizemasters Technology Limited concluded its 33rd Annual General Meeting on September 16, 2026. The virtual gathering saw shareholders approve key corporate actions through remote and real-time e-voting mechanisms.

The meeting commenced at 4:00 pm via video conferencing, chaired by Managing Director Gopal Ramchandra Zanwar. All requisite directors, statutory auditors, and the scrutinizer participated remotely in compliance with Ministry of Corporate Affairs and SEBI regulations.

Business Transacted

Shareholders transacted both ordinary and special business items during the session. The ordinary business included the adoption of audited standalone and consolidated financial statements for the fiscal year ended March 31, 2026.

Additionally, members considered the re-appointment of Mr. Kiran Shamsundar Zanwar as a Non-Executive Director, who was liable to retire by rotation.

Special Resolutions

The special business agenda focused on approving related-party transactions with three entities:

• M/s. Sizemasters Gauges and Tools
• M/s. Aurum Turnkey Services LLP
• M/s. Sizemasters Mould-Tech Private Limited

Governance and Audits

The Company Secretary confirmed that the Statutory Auditor’s report on the audited financial statements contained no qualifications, observations, or adverse remarks for FY26. Similarly, the Secretarial Auditor’s report was clean.

Mr. Giriraj A. Mohta served as the Scrutinizer for the e-voting process. The company provided remote e-voting from September 13 to September 15, 2026, alongside voting facilities during the AGM.

The meeting concluded at 4:50 pm after a 15-minute post-meeting voting window. Voting results and the Scrutinizer’s Report will be submitted to stock exchanges within two working days.

Sizemasters Technology reported a significant turnaround in financial performance for the fiscal year ended March 31, 2026, with revenue from operations surging 91% year-on-year. The gauge and tool manufacturer logged total income of ₹2,759.32 lakh, up from ₹1,485.01 lakh in the previous fiscal year.

The company's net profit after tax (PAT) rose 39% to ₹365.15 lakh, compared to ₹261.69 lakh in FY25. Earnings per share (EPS) increased to ₹3.65 from ₹2.71 in the prior year. The Board did not recommend any dividend for the period under review.

Financial Highlights

What the Numbers Show

While top-line growth was robust, profitability margins faced pressure. The net profit ratio declined to 13.51% in FY26 from 18.46% in FY25. This divergence indicates that while sales volume expanded significantly, the cost structure—particularly purchases on stock-in-trade, which rose 135% to ₹1,923.83 lakh—outpaced revenue growth on a percentage basis. Additionally, other income fell 17% to ₹56.28 lakh, primarily due to lower interest income, which dropped from ₹65.39 lakh to ₹45.58 lakh.

Balance Sheet and Working Capital

The company maintained a conservative debt profile. Long-term borrowings decreased slightly to ₹191.87 lakh from ₹196.92 lakh in the previous year. Trade receivables saw a sharp increase, rising 139% to ₹894.50 lakh, signaling potential collection pressure or extended credit terms amidst higher sales. Conversely, cash and cash equivalents declined by 45% to ₹135.27 lakh from ₹244.36 lakh.

Corporate Actions and Governance

The company has scheduled its 33rd Annual General Meeting (AGM) for September 16, 2026, at 4:00 pm IST. The meeting will be conducted via Video Conference/Other Audio Visual Means (VC/OAVM) in compliance with the Companies Act, 2013, SEBI Listing Regulations, and applicable MCA circulars.

Key logistical details for shareholders include:

• E-voting cut-off date: September 4, 2026
• E-voting period: September 13, 2026, at 9:00 am to September 15, 2026, at 5:00 pm IST
• Book closure period: September 4, 2026, to September 16, 2026

The notice and annual report are being sent electronically to members registered as of August 14, 2026. Shareholders without registered email addresses will receive a letter with a weblink to access the documents on the company's website.

Key agenda items for shareholders include:

• Adoption of audited standalone and consolidated financial statements for FY26.
• Re-appointment of Mr. Kiran Shamsundar Zanwar as Non-Executive Director.
• Approval of related party transactions with M/s. Sizemasters Gauges And Tools, M/s. Aurum Turnkey Services LLP, and M/s. Sizemasters Mould-Tech Private Limited, each capped at ₹10 crore.

During the fiscal year, the company disinvested its entire 51% stake in subsidiary Proto D Technologies Private Limited. It also incorporated a new subsidiary, Sizemasters Mould-Tech Private Limited, focusing on plastic and polymer product manufacturing. The Board noted no material changes affecting the financial position and confirmed compliance with internal controls and statutory requirements.