Thakkers Group Limited reported a 74% decline in net profit to ₹205.32 lakh for the financial year ended March 31, 2026, compared to ₹783.10 lakh in the previous year. The company's revenue from operations surged 206% to ₹1,442.14 lakh from ₹471.50 lakh in FY25. The board approved the audited standalone financial results at a meeting held on May 30, 2026.

The total income for FY26 rose to ₹2,631.15 lakh from ₹2,245.15 lakh in the prior year. However, total expenses increased significantly to ₹2,369.23 lakh from ₹1,333.25 lakh, primarily driven by a rise in finance costs to ₹911.26 lakh and other expenditure to ₹334.70 lakh. The profit before tax for the year stood at ₹261.92 lakh, down from ₹911.90 lakh in FY25.

For the quarter ended March 31, 2026, the company reported a net loss of ₹86.83 lakh, a reversal from the net profit of ₹347.71 lakh in the corresponding quarter of the previous year. Revenue from operations for the quarter increased to ₹910.09 lakh from ₹114.00 lakh in Q4FY25. Total expenses for the quarter rose to ₹1,144.95 lakh from ₹389.86 lakh.

The basic earnings per share (EPS) for FY26 fell to ₹12.97 from ₹49.46 in the previous year. For the quarter ended March 31, 2026, the basic EPS was a loss of ₹5.48, compared to a profit of ₹21.96 in the same period last year. The company's total assets as of March 31, 2026, stood at ₹23,647.39 lakh, an increase from ₹20,148.63 lakh in the previous year.

M/s Karwa Malani Kalantri & Associates, Chartered Accountants, the statutory auditors, issued an unmodified opinion on the standalone Ind AS financial results. The auditor confirmed that the financial statements give a true and fair view of the company's financial position and comply with the requirements of Regulation 33 and 52 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Financial Performance for FY26

Assets and Liabilities

Thakkers Group Limited has notified the Bombay Stock Exchange of an upcoming Board of Directors meeting, scheduled for Saturday, May 30, 2026. The intimation has been filed pursuant to Regulation 29 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company, formerly known as Asian Food Products Limited, is headquartered in Nashik and carries the CIN L70100MH1968PLC013919.

Board Meeting Agenda

The primary agenda for the May 30, 2026 board meeting is the consideration and approval of the company's audited financial results. The key item to be taken up is detailed below:

Trading Window Closure

In line with applicable insider trading regulations, Thakkers Group Limited has also disclosed the status of the trading window for its designated persons. The trading window for dealing in the securities of the company by designated persons and their immediate relatives was closed effective April 01, 2026. It will remain closed until 48 hours after the declaration of the financial results for the quarter and financial year ended March 31, 2026.

Filing Details

The intimation, dated May 14, 2026, was signed by Gaurav Jitendra Thakker, Director (DIN: 01587854), on behalf of Thakkers Group Limited. The filing was addressed to the Bombay Stock Exchange Limited at Phiroze Jeejeebhoy Towers, Dalal Street, Fort, Mumbai – 400 001.

The company's registered head office is located at 7, TGL, Near Nehru Garden, Shalimar, Nashik – 422 001, with an additional Mumbai office at TGL Unit No – 1414, 14th Floor, One Lodha Place, Senapati Bapat Marg, Lower Parel, Mumbai – 400 013.