Wendt (India) Limited to hold 44th AGM on July 24, 2026

0 min read     Updated on 04 Jul 2026, 01:26 AM
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Wendt (India) Limited announced its 44th Annual General Meeting will be held on July 24, 2026, via video conference. The notice and Annual Report for FY 2025-26 were served electronically on July 2, 2026. Advertisements were published in Business Standard and Vijaya Karnataka on July 3, 2026.

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Wendt (India) Limited has scheduled its 44th Annual General Meeting for July 24, 2026, at 3:00 p.m. IST. The meeting will be conducted via video conference and other audio-visual means to ensure shareholder participation. The company served the notice and the Annual Report for FY 2025-26 to shareholders electronically on July 2, 2026.

Advertisements regarding the service of the notice and the Annual Report were published on July 3, 2026, in Business Standard (English) and Vijaya Karnataka (Kannada). These disclosures were submitted to BSE Limited and the National Stock Exchange of India Ltd. for regulatory compliance. The meeting details were communicated by P Arjun Raj, Company Secretary of Wendt (India) Limited.

Key Meeting Details

Event Date Time Mode
44th AGM July 24, 2026 3:00 p.m. IST Video Conference / Other Audio Visual Means
Notice Served July 2, 2026 - Electronic Means
Advertisements Published July 3, 2026 - Business Standard, Vijaya Karnataka

Historical Stock Returns for Wendt

1 Day5 Days1 Month6 Months1 Year5 Years
-0.63%+6.62%+17.88%+2.54%-13.31%+85.74%

What key agenda items and strategic initiatives are expected to be proposed during the 44th AGM?

How might the company's performance in FY 2025-26 influence shareholder sentiment and voting outcomes?

What are the anticipated capital allocation strategies or dividend declarations for the upcoming fiscal year?

Wendt India net profit falls 40.6% to Rs. 2,275 lakhs in FY26

1 min read     Updated on 03 Jul 2026, 01:40 AM
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Wendt (India) Limited reported a 40.6% decline in net profit to Rs. 2,275 lakhs for FY26, with revenue decreasing 3% to Rs. 20,652 lakhs. The board recommended a final dividend of Rs. 10 per share, aggregating to Rs. 30 per share for the year.

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Wendt (India) Limited reported a 40.6% decline in net profit to Rs. 2,275 lakhs for the financial year ended March 31, 2026, compared to Rs. 3,829 lakhs in the previous year. Revenue from operations decreased by 3% to Rs. 20,652 lakhs from Rs. 21,197 lakhs in FY25. The company’s operating EBITDA stood at Rs. 3,984 lakhs, while profit before tax was Rs. 3,048 lakhs.

The board of directors has recommended a final dividend of Rs. 10 per equity share of Rs. 10 each for the financial year ended March 31, 2026. This is in addition to the interim dividend of Rs. 20 per share already paid on February 18, 2026. The total dividend for the year aggregates to Rs. 30 per share. The record date for determining shareholder eligibility for the final dividend is Friday, July 17, 2026.

Financial Performance

The decline in profitability was attributed to degrowth in the machines business, which fell 34% to Rs. 2,902 lakhs, primarily due to delays in obtaining customer clearance for dispatch. However, the Super Abrasives business grew 5% to Rs. 14,763 lakhs, driven by a 9% increase in domestic sales. The Precision Products segment also grew 7% to Rs. 2,987 lakhs.

Metric FY26 (Rs. in Lakhs) FY25 (Rs. in Lakhs)
Net Sales 20,652 21,197
Operating EBITDA 3,984 5,112
Profit Before Tax 3,048 4,969
Profit After Tax 2,275 3,829
Earnings Per Share (Rs.) 113.75 191.46

Corporate Governance

The company has scheduled its 44th Annual General Meeting (AGM) for Friday, July 24, 2026, at 3:00 p.m. IST via video conferencing. The meeting will consider the adoption of financial statements, declaration of dividends, and the re-appointment of Mr. Muthiah Venkatachalam as a director. Shareholders can participate in remote e-voting from July 21 to July 23, 2026.

The board has also ratified the remuneration of Rs. 1,25,000 payable to M/s. B Y & Associates, Cost Auditors, for the financial year 2026-27.

Historical Stock Returns for Wendt

1 Day5 Days1 Month6 Months1 Year5 Years
-0.63%+6.62%+17.88%+2.54%-13.31%+85.74%

What is the expected timeline for resolving the customer clearance delays that caused the 34% degrowth in the machines business?

Will the company maintain the current dividend payout ratio given the significant decline in net profit for FY26?

Are there specific strategic initiatives planned to revive the machines business segment in the coming fiscal year?

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