The Board of Directors of Visaka Industries Limited convened a meeting on May 18, 2026, and approved the audited standalone and consolidated financial results for the quarter and year ended March 31, 2026. The results reflect a significant improvement in profitability, underpinned by revenue growth across both business segments, strong Q4 performance, and exceptional gains from the sale of land and building assets during the year. Subsequently, the company filed a newspaper advertisement disclosure on May 19, 2026, under Regulation 30 and Regulation 47 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, confirming publication of the audited results in Business Standard (English, all editions) and Velugu (Telugu, all editions).

Standalone Financial Performance

On a standalone basis, Visaka Industries delivered a strong financial performance for FY26. Revenue from operations rose to ₹1,67,558.66 lakhs from ₹1,54,080.53 lakhs in FY25. Net profit for the year surged to ₹8,783.24 lakhs compared to ₹14.38 lakhs in the previous year, aided by exceptional items of ₹5,970.33 lakhs arising from the sale of land in Ahmedabad, Gujarat (profit of ₹3,674.30 lakhs) and land and building in Kanchipuram, Tamil Nadu (profit of ₹2,296.03 lakhs). The following table summarises the key standalone financial metrics:

Consolidated Financial Performance

On a consolidated basis, which includes subsidiaries Visaka Green Private Limited and Atum Life Private Limited, the group reported revenue from operations of ₹1,67,785.62 lakhs for FY26, compared to ₹1,54,328.29 lakhs in FY25. Consolidated net profit for the year stood at ₹8,536.19 lakhs, reversing a net loss of ₹301.19 lakhs in FY25. The consolidated results are summarised below:

Segment-Wise Performance

The company operates across two primary business segments — Building Products and Synthetic Yarn. On a standalone basis, the Building Products segment reported revenue of ₹1,41,336.97 lakhs for FY26, up from ₹1,32,096.72 lakhs in FY25, while Synthetic Yarn revenue grew to ₹26,221.69 lakhs from ₹21,983.81 lakhs. Segment results (profit before tax and interest) for Building Products stood at ₹12,828.34 lakhs versus ₹9,373.32 lakhs in FY25, and Synthetic Yarn recorded a profit of ₹1,408.10 lakhs compared to ₹136.17 lakhs in FY25. On a consolidated basis, the Building Products segment reported revenue of ₹1,41,545.03 lakhs for FY26 against ₹1,32,264.53 lakhs in FY25, with segment profit of ₹12,645.74 lakhs compared to ₹9,244.49 lakhs in FY25.

Dividend and Annual General Meeting

The Board of Directors recommended a final dividend of Rs. 1.20 (One rupee twenty paise only) per share (i.e., 60%) on equity shares of Rs. 2/- each fully paid, for the financial year ended March 31, 2026, subject to approval of members at the ensuing Annual General Meeting. The 44th Annual General Meeting has been scheduled for Thursday, July 30, 2026. The record date for determining members entitled to receive the final dividend, Annual Report, and to attend the AGM has been fixed as June 26, 2026.

Key Corporate Developments

The board also approved several significant corporate actions at its May 18, 2026 meeting:

Mr. Ramakrishna Pendyala, the incoming CFO, is a qualified Chartered Accountant (CA), Cost and Management Accountant (CMA), and Certified Public Accountant (CPA – USA) with a Bachelor of Commerce degree. He brings over 21 years of experience spanning finance, treasury, taxation, corporate governance, IPO management, internal controls, strategic planning, audit, and compliance functions across various industries. He has previously served in senior leadership positions, including as Chief Financial Officer, at organisations such as Stove Kraft Limited, Hical Technologies Private Limited, Gokaldas Images Private Limited, Mann and Hummel Filter Private Limited, Arevva T&D India Limited, and Price Waterhouse Coopers.

Regulatory Disclosure and Audit

Pursuant to Regulation 30 read with Schedule III Part A and Regulation 47 of SEBI Listing Regulations, Visaka Industries filed a newspaper advertisement disclosure on May 19, 2026, confirming publication of the audited standalone and consolidated financial results for the quarter and year ended March 31, 2026. The results were published along with a QR code to access the detailed financials in the following newspapers:

The disclosure was signed by Ramakanth Kunapuli, Assistant Vice President & Company Secretary. The statutory auditors, M/s. Price Waterhouse & Co Chartered Accountants LLP, have issued audit reports with unmodified opinions on both the standalone and consolidated financial results for the year ended March 31, 2026.

Visaka Industries has notified the stock exchanges of an upcoming Board of Directors meeting scheduled for Monday, May 18, 2026, pursuant to Regulations 29(1)(a) & (e) read with Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The intimation, dated May 08, 2026, was issued by Ramakanth Kunapuli, Assistant Vice President & Company Secretary of the company.

Agenda of the Board Meeting

The board meeting has been convened to address two key items. The following table summarises the agenda:

Trading Window Closure

In connection with the scheduled board meeting, the company has communicated that the trading window for dealing in the securities of the company, which has been closed since April 01, 2026, shall remain closed until the elapse of 48 hours after the submission of the audited financial results to the stock exchanges. This measure is in accordance with applicable SEBI regulations governing insider trading restrictions during periods of unpublished price-sensitive information.

Company Overview

Visaka Industries is headquartered at "Visaka Tower", S.P. Road, Secunderabad, and operates manufacturing facilities across multiple states in India. The company's production footprint spans divisions across Tamil Nadu, Maharashtra, West Bengal, Karnataka, Uttar Pradesh, Andhra Pradesh, Odisha, Telangana, and Haryana, covering its A.C. Division, Textile Division, and V-Boards Division units.