Sonal Adhesives Limited reported a net profit of ₹13.72 crore for the financial year ended March 31, 2026, a decrease of 22% from ₹17.65 crore in the previous year. Revenue from operations for FY26 rose to ₹1,264.44 crore compared to ₹1,103.33 crore in FY25. The company recorded an exceptional item of ₹17.09 lakh during the year related to a one-time increase in employee benefit provisions due to the enactment of New Labour Codes.

The Board of Directors approved the audited financial results for the fourth quarter and year ended March 31, 2026 at a meeting held on May 28, 2026. Statutory auditors M/s. Haziyani & Associates issued an unmodified opinion on the standalone audited financial results. For the quarter ended March 31, 2026, the company reported a net profit of ₹5.05 crore on revenue from operations of ₹342.34 crore.

Financial Performance

The company’s total income for FY26 stood at ₹1,282.75 crore, up from ₹1,116.70 crore in the previous year. Total expenses increased to ₹1,264.43 crore from ₹1,092.45 crore. The basic earnings per share (EPS) for the year declined to ₹2.55 from ₹2.91 in the prior year.

Board Decisions

The Board approved the re-appointment of Sandeep Arora as Managing Director for a further period of three years commencing from June 1, 2026, subject to shareholder approval. His remuneration will be ₹300,000 per month. The appointment is based on the recommendations of the Nomination and Remuneration Committee.

Assets and Liabilities

The company’s total assets as of March 31, 2026, stood at ₹490.31 crore, an increase from ₹413.52 crore in the previous year. Total equity rose to ₹103.51 crore from ₹89.67 crore. Borrowings increased significantly, with non-current borrowings at ₹61.70 crore and current borrowings at ₹156.07 crore.

Sonal adhesives Limited has submitted its quarterly compliance certificate under SEBI (Depositories and Participants) Regulations, 2018 to the Bombay Stock Exchange. The submission, dated 10th April 2025, pertains to the quarter ended 31st March 2026 and demonstrates the company's adherence to regulatory requirements for dematerialisation processes.

Regulatory Compliance Submission

The certificate was submitted under Regulation 74(5) of the SEBI (Depositories and Participants) Regulations, 2018. Managing Director Sandeep Arora, with DIN 00176939, signed the submission letter to the Listing Department of Bombay Stock Exchange Limited.

Registrar and Share Transfer Agent Confirmation

MUFG Intime India Private Limited, formerly known as Link Intime India Private Limited, serves as the company's Registrar and Share Transfer Agent. The firm provided the compliance certificate dated 3rd April 2026, confirming proper handling of dematerialisation processes during the quarter.

Ashok Shetty, Sr. Vice President-Corporate Registry at MUFG Intime India Private Limited, signed the confirmation certificate. The certificate validates that all securities received from depository participants for dematerialisation during the quarter were properly confirmed to the depositories.

Dematerialisation Process Compliance

The certificate confirms several key compliance aspects:

• Securities received for dematerialisation were confirmed or rejected to depositories within prescribed timelines
• All security certificates received were mutilated and cancelled after due verification by depository participants
• Names of depositories were substituted in the register of members as registered owners
• Securities comprised in the certificates have been listed on stock exchanges where earlier issued securities are listed

Company Information

Sonal Adhesives Limited operates from its registered office at Plot No. 28/1A, Village Dheku, Takai Adoshi Road, off Khopoli-Pen Road, Taluka Khalapr, District Raigad, Khopoli – 410203. The company maintains its corporate identification number as L02004MH1991PLC064045 and can be reached through multiple communication channels including email and telephone.

This regulatory submission reflects the company's commitment to maintaining transparency and compliance with SEBI regulations governing depositories and participants in the Indian securities market.