Superhouse Limited has filed its annual report for the financial year 2024-25. The company notified stock exchanges on August 27, 2025, regarding the filing and the upcoming general meeting.

The 45th Annual General Meeting will be held on Tuesday, September 30, 2025, at 10:00 am (IST). The venue is the company’s office at 219/3 & 4 'L' Block, Naveen Nagar, Kakadeo, Kanpur-208025.

Regulatory Compliance

The filing was made pursuant to Regulations 34(1) and 53(2) of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The documents include the Notice of the 45th Annual General Meeting and other Statutory Reports.

Document Availability

Superhouse is sending the Annual Report via electronic mode to members with registered email addresses. This includes those registered with the company, Skyline Financial Services (P) Limited, National Securities Depository Limited, and Central Depository Services (India) Limited.

Members without registered email addresses will receive a letter pursuant to Regulation 36(1) (b) of the Listing Regulations. This letter contains a web link to access the report. The document is also available on the company's website.

Superhouse Limited reported a return to profitability in its standalone results for the first quarter of FY27, driven by improved operational margins and lower finance costs. The Kanpur-based export trading house posted a standalone net profit of ₹556.05 lakh for the quarter ended June 30, 2026, compared to a net loss of ₹14.61 lakh in the fourth quarter of FY26. On a year-on-year basis, the standalone profit rose 50.3% from ₹369.85 lakh in Q1FY26.

Consolidated figures reflected a more modest recovery. The group reported a consolidated net profit after tax of ₹290.97 lakh for the quarter, turning around from a consolidated loss of ₹232.84 lakh in the previous quarter. Including the share of profit from associates, the total comprehensive income attributable to controlling equity holders stood at ₹433.49 lakh.

Financial Performance

Revenue from operations remained relatively stable quarter-on-quarter. Standalone sales income was recorded at ₹12,199.92 lakh, a slight decline from ₹11,561.21 lakh in Q4FY26 but broadly in line with the ₹12,279.60 lakh reported in Q1FY25. Consolidated revenue from operations rose 4.3% quarter-on-quarter to ₹15,681.64 lakh from ₹15,035.20 lakh.

The improvement in bottom-line results was supported by a significant reduction in finance costs. Standalone finance costs fell 24.6% to ₹232.52 lakh from ₹308.26 lakh in the prior quarter. Consolidated finance costs also declined 29% to ₹365.73 lakh. This cost efficiency helped expand the standalone profit before tax to ₹746.93 lakh from ₹161.29 lakh in Q4FY26.

In the consolidated segment, the Leather & Leather Products division contributed ₹14,634.00 lakh to revenue, while the Textile Products segment added ₹1,971.82 lakh. The leather segment’s result before finance cost and tax was ₹812.42 lakh, compared to ₹338.82 lakh in the prior quarter.

Strategic Restructuring

In a separate development, the Board of Directors approved the proposal for the disposal of the entire equity shareholding in its wholly owned subsidiary, M/s La Compagnie Francaise De Protection SARL, incorporated in France. Alternatively, the Board authorized initiating the process for the liquidation and dissolution of the entity.

The French subsidiary, primarily engaged in the import and distribution of safety footwear, has substantially ceased operations. During the financial year ended March 31, 2026, it contributed EUR 11.28 lakh to turnover, constituting just 1.82% of the company’s consolidated revenue. Its net worth stood at EUR 0.41 lakh, or 0.10% of the consolidated net worth as of March 31, 2026.

The company stated that the move aims to streamline the group structure and optimize administrative and operational costs. No buyer has been identified yet, and no agreement for sale has been entered into. If a sale is not feasible, the liquidation process will be undertaken in accordance with French laws. The transaction is expected to be completed by March 31, 2027, and is not expected to have a material impact on the consolidated operations or financials of Superhouse Limited.

What the Numbers Show

A notable divergence exists between the standalone and consolidated other income figures. While standalone other income contributed positively at ₹243.65 lakh, consolidated other income turned negative at (₹316.93) lakh in Q4FY26 before recovering to ₹318.53 lakh in Q1FY27. This volatility highlights the impact of inter-company eliminations and foreign exchange movements within the overseas subsidiaries on the group’s non-operating income stream. Additionally, the exceptional item recognized in Q4FY26—an impairment of ₹402.50 lakh in another Spanish subsidiary—does not recur in the current quarter, providing a cleaner base for comparing operational profitability.