Yajur Fibres scheduled its 44th Annual General Meeting for September 18, 2026. The board of directors approved the event details during a meeting held on August 25, 2026.

The company will conduct the meeting via video conference or other audio-visual means at 2:30 pm. Shareholders must be on record between September 12 and September 18, 2026, to attend or vote. The cut-off date for e-voting is September 11, 2026.

Governance Appointments

The board appointed Rakesh Agrawal & Co., a practicing company secretary firm, as the secretarial auditor for the financial year 2026-27. The appointment is effective from August 25, 2026.

Mr. Rakesh Agrawal is a Fellow Member of the Institute of Company Secretaries of India. He serves as the proprietor of Rakesh Agrawal & Co. and provides professional services in corporate and secretarial matters. The document confirms he has no relationship with any director or key managerial personnel of the company.

Additionally, the board appointed M Shahnawaz & Associates as the scrutinizer for e-voting during the annual general meeting.

Yajur Fibres Limited reported a 35.4% decline in net profit to ₹75.24 crore for the financial year ended March 31, 2026, down from ₹116.43 crore in the previous year. Revenue from operations decreased by 11.3% to ₹1,009.72 crore compared to ₹1,138.59 crore in FY25. The operational and financial performance was impacted by adverse global market conditions, supply chain disruptions, and weak demand in the textile industry. The company's board approved the audited standalone and consolidated financial results at a meeting held on May 25, 2026.

The statutory auditors, M/s. R Kothari & Co LLP, issued an unmodified opinion on the financial results. The company recognized a gratuity liability of ₹1.27 crore in the current year following the implementation of the New Labour Codes effective from November 21, 2025.

Financial Performance

Total income for the year stood at ₹1,022.85 crore, a decrease from ₹1,148.65 crore in the previous year. Total expenses reduced to ₹920.99 crore from ₹997.28 crore. The basic earnings per share (EPS) for the year dropped to ₹4.36 from ₹7.39 in the prior year.

Capital and IPO Utilization

The paid-up equity share capital increased to ₹226.83 crore from ₹157.63 crore. The company raised ₹120.41 crore through its Initial Public Offering (IPO). As of March 31, 2026, ₹64.23 crore had been utilized, leaving ₹56.17 crore unutilized. The unutilized amount is invested in fixed deposits (₹56.10 crore) and held in current bank accounts (₹0.07 crore).

Consolidated Results

On a consolidated basis, the company reported a net profit of ₹75.21 crore for FY26, down from ₹116.76 crore in the previous year. Consolidated revenue from operations stood at ₹1,010.43 crore. The auditors noted that the financial results of subsidiary Yashoda Linen Yarn Limited were audited by another auditor. The consolidated operating margin was recorded at 15%. The company reduced consolidated borrowings by ₹20 crore, a 30% decline, while total assets grew by 64% to approximately ₹232 crore.

Management Commentary and Outlook

Management attributed the performance to US-centric trade tariffs since November 2025 and geopolitical tensions disrupting supply chains since February 2026. To prioritize the commissioning of the high-tech Ujjain manufacturing unit, the Board ceased all trading operations at subsidiary Yashoda Linen Yarn Limited, resulting in a planned reduction of approximately ₹27 crore in trading revenue.

The state-of-the-art facility at Vikram Udyogpuri (DMIC), Ujjain, is scheduled for completion by FY2027. Additionally, the installation of additional production capacity at the existing facility in Uluberia, West Bengal, is progressing and expected to be completed by December 2026, adding up to 4 tons per day of capacity. Management expects a recovery driven by macro stabilization, production ramp-up, and sustained domestic demand.