Thacker and Company Limited reported a 15% year-on-year decline in standalone net profit after tax (PAT) to ₹300.54 lakh for the financial year ended March 31, 2026, down from ₹353.32 lakh in FY25. The reduction was primarily attributed to a decrease in revenue from operations, which fell to ₹232.71 lakh from ₹306.64 lakh, driven by lower sales of services that were only partially offset by an increase in leave and licence fees. This result reflects the company's continued focus on capital conservation, leading the Board to recommend no dividend for FY26.

The company’s total income stood at ₹575.50 lakh, with other income rising to ₹342.78 lakh from ₹325.71 lakh due to higher interest income from inter-corporate deposits and investment activities. While operating revenue contracted, the company maintained financial discipline, resulting in a gross profit before interest and depreciation of ₹501.15 lakh, compared to ₹563.82 lakh in the previous year.

Financial Performance Highlights

Operational and Corporate Updates

The Board approved the Scheme of Merger by Absorption of its wholly-owned subsidiary, Fujisan Technologies Limited, following approval from the National Company Law Tribunal (NCLT), Mumbai Bench, on May 1, 2025. The scheme became effective on May 22, 2025, with an appointed date of April 1, 2022. Post-merger, Fujisan Technologies Limited was dissolved without winding up, and its undertaking was vested in Thacker and Company Limited.

The company’s 148th Annual General Meeting is scheduled for August 25, 2026, to adopt the audited financial statements and reappoint Mr. Arunkumar Mahabirprasad Jatia as a director. Statutory auditors M/s. P.R. Agarwal & Awasthi confirmed no fraud or adverse remarks in their report. The company holds significant investments in associate companies AMJ Land Holdings Limited and Pudumjee Paper Products Limited, contributing substantially to consolidated earnings despite the standalone operational slowdown.

Thacker & Company Ltd will conduct its 148th Annual General Meeting on Tuesday, August 25, 2026, at 11:30 AM IST. The meeting will be held through Video Conferencing (VC) and Other Audio Visual Means (OAVM), in compliance with circulars issued by the Ministry of Corporate Affairs and the Securities and Exchange Board of India. The company will dispatch the notice for the meeting to shareholders in due course.

Book Closure Details

Pursuant to Section 91 of the Companies Act, 2013, and Regulation 42 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the Register of Members and Share Transfer Books will remain closed. The closure period is from Wednesday, August 19, 2026, to Tuesday, August 25, 2026, inclusive. This measure is intended to determine the eligibility of members for the 148th Annual General Meeting.

Meeting Schedule

The intimation was submitted to BSE Limited pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Siddhi Kul, Company Secretary & Compliance Officer, signed the disclosure on behalf of Thacker & Company Ltd.