Western Overseas Study Abroad Limited has released its investor presentation ahead of a virtual group meeting with investors and analysts scheduled for September 3, 2026. The company filed the presentation with the BSE Listing Compliance Department on August 31, 2026, pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The disclosure provides a comprehensive overview of the company’s operations and financial performance for FY26, supplementing the earlier intimation dated August 29, 2026.

Meeting Details

The virtual session will take place at 2:00 pm on September 3, 2026. Shruti Gupta, Company Secretary, signed the intimation letter, noting that discussions will rely strictly on public data to ensure no unpublished price-sensitive information is shared.

FY26 Financial Performance

The investor presentation highlights strong margin expansion despite a slight dip in revenue compared to FY25. The company reported revenue from operations of ₹2,027 Lakhs for FY26, down from ₹2,273 Lakhs in FY25. However, profitability improved significantly, driven by operational efficiencies and a shift in revenue mix.

EBITDA rose by 15.2% year-on-year to ₹456 Lakhs, while PAT grew by 23.5% to ₹273 Lakhs. The EBITDA margin expanded by over 500 basis points to 22.4%, reflecting improved cost structures.

Business Highlights

Western Overseas operates as an end-to-end overseas education and immigration consultancy. Key operational metrics for FY26 include:

• Visa Approval Rate: Maintained at 79.38%, with 732 approvals out of 922 lodgements.
• Client Base: Serviced 2,024 clients in the visa segment and 5,947 in the course and exam segment.
• Revenue Mix: Commission fees contributed 70% of revenue, while exam booking and professional fees accounted for 30%. Non-commission lines have grown from 8% to 41% of revenue over two years, reducing dependence on placement commissions.
• Geographic Diversification: Revenue sources diversified beyond traditional destinations. UAE emerged as a significant contributor, accounting for 22% of FY26 revenue, up from negligible levels in prior years. Canada’s share declined to 18%, reflecting global policy shifts.

Strategic Initiatives

The company is leveraging IPO proceeds to strengthen its market position. Key initiatives include:

• Media Plan: ₹342.5 Lakhs allocated for multi-media campaigns across hoardings, print, radio, TV, and digital platforms.
• Digital Build: ₹300 Lakhs invested in ERP implementation, website enhancement, and mobile app development to improve client tracking and service delivery.
• Branch Network: Expanded presence with 12 offices across Haryana, Punjab, Chandigarh, Delhi, and Madhya Pradesh, supported by 2,409 billboards for brand recall.

Balance Sheet Strength

Western Overseas maintains a robust balance sheet with a net cash position of ₹289 Lakhs at year-end FY26. Total equity increased to ₹1,853 Lakhs, supported by IPO primary capital and retained earnings. The company is long-term debt-free, with only short-term borrowings of ₹210 Lakhs. Net worth per share doubled to ₹30.8 from ₹15.5 in FY25.

Regulatory Context

The filing serves as a formal record for regulatory compliance. The company reserved the right to cancel, reschedule, or postpone the meeting due to exigencies involving analysts, investors, or company officials.

western overseas study abroad has scheduled its 13th Annual General Meeting (AGM) for August 31, 2026, seeking shareholder approval for a strategic rebranding and business diversification. The company proposes changing its name from Western Overseas Study Abroad Limited to Western Overseas Global Solutions Limited and altering its Memorandum of Association to include manpower consultancy and real estate activities. This move signals a shift from its core study abroad services toward a broader global solutions portfolio, aiming to capture new revenue streams in recruitment and property management.

The AGM will be held at the company’s registered office in Ambala, Haryana, at 10:00 a.m. Shareholders holding shares on the record date of August 21, 2026, are eligible to vote via remote e-voting facilitated by Central Depository Services (India) Limited (CDSL) between August 28 and August 30, 2026. The Register of Members and Share Transfer Books will remain closed from August 24 to August 31, 2026. In compliance with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the company is providing remote e-voting facilities, with voting by show of hands excluded.

Strategic Resolutions and Governance Changes

The Board of Directors has recommended several special and ordinary resolutions for shareholder consideration. The primary special resolution involves the name change to reflect the diversified nature of the company’s activities. Concurrently, shareholders will vote to alter Clause III of the Memorandum of Association to explicitly permit businesses in manpower consultancy—including recruitment, placement, and outsourcing—and real estate activities such as development, construction, and property management.

Ms. Ambika Jindal (DIN: 10310252) has been appointed as an Additional Non-Executive Independent Director effective August 5, 2026, subject to ratification at the AGM. Her term will be five years, commencing from August 31, 2026. She holds a Master of Computer Applications degree and brings over 12 years of experience in technology and business operations. Additionally, Mr. Deepak Kumar (DIN: 11030607), who retires by rotation, offers himself for re-appointment.

Financial Context and Auditor Re-appointment

The AGM coincides with the adoption of audited financial statements for FY26, where the company reported a net profit after tax (PAT) of ₹2.72 crore, up from ₹2.21 crore in FY25. Despite a decline in revenue from operations to ₹20.27 crore from ₹22.72 crore, profitability improved due to cost management, with total expenses reducing to ₹16.61 crore. The Board did not recommend a dividend, opting to reinvest profits into business expansion, including a Language Cert Test Centre in Ambala.

Pursuant to Section 204 of the Companies Act, 2013, and recent SEBI amendments requiring shareholder approval for secretarial auditors, the Board recommends re-appointing M/s PDM & Associates (Proprietor Ms. Pooja Damir Miglani) as Secretarial Auditor for five consecutive years starting April 1, 2026. Statutory auditor M/s KVMS and Company issued an unqualified report on the FY26 financials. The explanatory statement confirms that no directors or key managerial personnel have a financial interest in these resolutions, except Ms. Jindal regarding her own appointment.