SSMD Agrotech India Limited reported a net profit of ₹552.75 lakh for the financial year ended March 31, 2026, compared to ₹537.75 lakh in the previous year. Total revenue from operations increased to ₹11,566.89 lakh from ₹9,918.40 lakh in FY25, driven by higher business volumes. The company’s board has decided not to recommend any dividend for the year to conserve resources for expansion projects.

Financial Performance

The company’s profit before tax stood at ₹748.77 lakh for FY26, up from ₹736.95 lakh in the prior year. Total expenses for the period were ₹10,818.12 lakh, compared to ₹9,181.45 lakh in FY25. The finance cost decreased to ₹62.11 lakh from ₹75.50 lakh in the previous year. The company transferred ₹552.77 lakh to reserves during the financial year.

Capital Structure and IPO

During the year under review, the company successfully completed its Initial Public Offering (IPO). It allotted 28,17,000 equity shares with a face value of ₹10 each at an issue price of ₹121 per share, including a premium of ₹111. The shares were listed and admitted to dealings on the BSE SME Platform on December 2, 2025. Additionally, the company issued 53,17,390 bonus equity shares in the ratio of 10:1 in April 2025. Following these transactions, the paid-up share capital stood at ₹8,66,61,290 divided into 86,66,129 equity shares as on March 31, 2026.

Corporate Governance and Compliance

The board of directors met 18 times during the financial year. The statutory auditors, M/s Chanana & Associates, reported no qualifications, reservations, or adverse remarks in their report. The secretarial audit report conducted by M/s G. Rishabh & Company noted the company’s general compliance with applicable laws, subject to observations regarding the delayed filing of a charge satisfaction form and the mid-year change of an internal auditor. The company maintained a Structured Digital Database (SDD) in compliance with SEBI (PIT) Regulations.

SSMD Agrotech India Limited has scheduled a board meeting for May 30, 2026, to consider and approve the audited standalone financial results for the financial year ended March 31, 2026. The meeting will be held at the company's registered office in Delhi at 1:00 PM, pursuant to Regulation 29 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The board will review the Audited Financial Results along with the Statement of Assets & Liabilities and Cash Flow Statement. Directors will also take note of the audit report issued by the Statutory Auditor and approve a declaration confirming an unmodified audit opinion. The Secretarial Audit Report for the financial year 2025-26, issued by M/s G. Rishabh & Co., will be presented for the board's consideration.

In addition to financial results, the board will adopt the Report of the Monitoring Agency regarding the utilization of IPO proceeds for the quarter ended March 31, 2026. The agenda includes reviewing the Internal Audit Report and Related Party Transactions undertaken during the financial year or quarter ended March 31, 2026, in the ordinary course of business and on an arm's length basis.

The board will consider a proposal to secure a vehicle loan facility of up to ₹10 lakh from HDFC Bank Limited. The loan is intended for acquiring commercial vehicles and is repayable in equated monthly installments not exceeding 48 months. The company will hypothecate the vehicles as security for the loan. Mr. Ishu Munjal, Managing Director, and Mr. Jai Gopal Munjal, Non-Executive Director, are authorized to sign the necessary agreements and documents with the bank.

Other items on the agenda include reviewing compliance status under SEBI (LODR) Regulations, 2015, and authorizing the filing of necessary forms and returns with regulatory authorities. Mr. Rajesh Thakur, Company Secretary & Compliance Officer, is authorized to submit the financial results and the monitoring agency report to the stock exchanges.

Key Agenda Items