Super Bakers (India) Limited reported a net profit of ₹9.79 lakh for the first quarter of fiscal year 2026 (Q1FY26), ending June 30, 2026. This represents a slight decline from the ₹10.19 lakh profit recorded in the corresponding quarter of the previous year. The Board of Directors approved the unaudited financial results during a meeting held on August 11, 2026, in Ahmedabad.

The filing indicates that the company generated no revenue from operations during the period. Instead, total income stood at ₹22.24 lakh, derived entirely from other income sources. This figure is marginally lower than the ₹22.80 lakh recorded in Q1FY25. The absence of operational revenue aligns with the company's long-standing suspension of its wheat grinding operations, which ceased effective February 1, 2015.

Financial Performance Overview

Total expenses for the quarter amounted to ₹10.89 lakh, up from ₹10.82 lakh in the prior year period. Employee benefits expense increased to ₹2.03 lakh from ₹1.85 lakh, while other expenses remained relatively stable at ₹7.14 lakh compared to ₹7.25 lakh previously. Depreciation and amortization expenses were consistent at ₹1.72 lakh for both periods.

The profit before tax stood at ₹11.35 lakh, down from ₹11.98 lakh in the same quarter last year. Tax expenses included current tax of ₹1.70 lakh and deferred tax credit of ₹0.14 lakh. Earnings per share (EPS) decreased to ₹0.32 from ₹0.33 in the previous year's corresponding period.

Operational Context and Compliance

Super Bakers operates in a single segment with no subsidiaries or associates. The company’s wheat grinding unit has been suspended since February 2015, meaning its current financial performance is driven by non-operational income streams rather than core business activities. This structural reality limits the interpretability of traditional growth metrics such as revenue expansion or margin improvement.

The results were reviewed by the Audit Committee and approved by the Board. N. K. Aswani & Co., Chartered Accountants, issued a limited review report stating that nothing came to their attention to suggest the statement contained material misstatements. The filing was submitted pursuant to Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and SEBI Circular No. SEBI/HO/CFD/CFD-PoD-2/CIR/P/2024/185.

What the Numbers Show

The near-flat expense profile despite zero operational revenue highlights the fixed cost structure of the business. With employee benefits and depreciation constituting the majority of outflows, the company’s profitability remains tightly coupled with fluctuations in other income, which can include interest receipts or one-time gains. Investors should note that without operational revenue, standard sector comparisons are not applicable, and performance should be evaluated based on asset preservation and non-operational yield stability.

Super Bakers (India) Ltd. has appointed Parth B. Thakkar and Rajkumari R. Udhwani as additional non-executive independent directors to its Board of Directors. The Board approved the appointments on July 25, 2026, based on the recommendation of the Nomination and Remuneration Committee. Both directors will assume office effective September 1, 2026, pending final ratification by shareholders at the company’s 32nd Annual General Meeting (AGM). This expansion strengthens the governance structure ahead of the upcoming fiscal cycle.

The 32nd AGM is scheduled for September 21, 2026, at 3:00 p.m., to be conducted via Video Conferencing or Other Audio Visual Means (OAVM). This format complies with the Companies Act, 2013, read with MCA Circular No. 03/2025 dated September 22, 2025, and General Circular No. 20/2020 dated May 5, 2020. Shareholders will vote on the director appointments alongside other routine resolutions.

Director Profiles and Expertise

The new appointees bring specialized legal and corporate governance experience to the Board:

• Parth B. Thakkar (DIN: 10709057) holds a B.Com., LLB, and Company Secretary qualification. He is an Associate Member of the Institute of Company Secretaries of India (ICSI) with over seven years of experience in corporate governance, strategic management, and commercial functions.
• Rajkumari R. Udhwani (DIN: 02636225) holds a Master of Law degree and is a practicing advocate and trademark attorney. She possesses over a decade of experience in corporate law, intellectual property rights, management accounting, and banking.

Both directors hold no shareholding in the company and are not related to any existing directors or key managerial personnel. They have affirmed they are not debarred from holding office by SEBI or any other authority.

Committee Reconstitutions

Effective September 1, 2026, the new directors will join key statutory committees, reshaping their composition:

Anil S. Ahuja, Chairman and Managing Director, continues as a member of the Audit and Stakeholders' Relationship Committees. Sunil A. Ahuja, Non-Executive Director, joins the Nomination and Remuneration Committee.

E-Voting and Secretarial Audit

Shareholders can exercise remote e-voting from 9:00 a.m. on September 18, 2026, until 5:00 p.m. on September 20, 2026. The cut-off date for determining voting rights is September 14, 2026. E-voting during the AGM will remain open for 15 minutes after the meeting concludes.

Additionally, the Board appointed M/s. Kashyap R. Mehta & Partners as Secretarial Auditors for five consecutive financial years, from FY27 to FY31. This appointment was made on the recommendation of the Audit Committee and is subject to shareholder approval at the AGM. The firm, led by Managing Partner Yash K. Mehta, specializes in corporate law, capital markets, and SEBI compliance.