Spice Islands Industries reported a net profit of ₹566.24 lakh for the financial year ended March 31, 2026, a substantial increase from ₹47.73 lakh in the previous year. Revenue from operations surged to ₹1,789.10 lakh, compared to ₹77.87 lakh in FY25, driven primarily by growth in the food and beverages and hospitality business segments. The company’s total comprehensive income for the year stood at ₹566.62 lakh.

Financial Performance

The company’s profit before tax for FY26 rose to ₹564.22 lakh from ₹112.19 lakh in the prior year. For the quarter ended March 31, 2026, the net profit was ₹309.04 lakh, with revenue from operations reaching ₹1,090.94 lakh. The Statutory Auditors, Giriraj Bang & Company, issued an unmodified opinion on the audited financial results.

Segment Results

Spice Islands Industries operates across three segments: Renting/Hire of Electric Vehicle (EV), Food and Beverages, and Hospitality business. The Food and Beverages segment led revenue generation with ₹854.27 lakh for the year, while the Hospitality business contributed ₹811.05 lakh. The Renting/Hire of EV segment reported revenue of ₹123.78 lakh.

Dividend and Corporate Actions

The Board of Directors has recommended a final dividend of ₹0.60 per equity share for FY26, subject to the approval of shareholders at the ensuing Annual General Meeting. The Board has fixed July 31, 2026, as the record date to determine shareholder entitlement. Additionally, the company had declared an interim dividend of ₹0.50 per share in November 2025 and February 2026.

Capital Allocation and Auditors

During the year, the company converted share warrants into equity shares, increasing the paid-up equity share capital to ₹623.33 lakh. The Board approved the reappointment of P. D. Chopda & Co., Chartered Accountants, as internal auditors for the financial year 2026-27. The cash and cash equivalents at the end of FY26 stood at ₹280.02 lakh, up from ₹27.81 lakh in the previous year.

Spice Islands Industries Limited has announced that its board meeting is scheduled to be held on Friday, May 29, 2026. The meeting has been convened pursuant to Regulation 29 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The primary agenda for the board includes the consideration and approval of the audited financial results of the company for the quarter and financial year ended March 31, 2026. Alongside the financial results, the board will also deliberate on the recommendation of a final dividend, if any, for the financial year ended March 31, 2026.

Trading Window Closure

In compliance with the SEBI (Prohibition of Insider Trading) Regulations, 2015 and the company’s code of conduct, the trading window for dealing in equity shares has been closed. The closure period began on April 01, 2026, and will remain in effect until the close of trading hours on May 31, 2026. This measure ensures that no insider trading occurs 48 hours after the declaration of the financial results.

Key Meeting Details