Yash Optics & Lens disclosed that its promoters and promoter group members held 18,125,900 equity shares as of 31 March 2026. The company confirmed that no encumbrance was created, released, or invoked on these shares during the financial year ended 31 March 2026. This disclosure was submitted to the National Stock Exchange of India Limited in compliance with Regulation 31(4) of the SEBI (Substantial Acquisition of Shares & Takeovers) Regulation, 2011.

The filing, dated 06 April 2026, was submitted by Adrata Anil Srivastav, Company Secretary cum Compliance Officer. The declaration was made on behalf of all promoters by Tarun Manharlal Doshi. The disclosure provides transparency regarding the shareholding structure and the status of encumbrances on promoter shares for the specified period.

Promoter Group Details

The disclosure listed the names of the promoters and members of the promoter group. The group includes key individuals such as Tarun Manharlal Doshi, Dharmendra Manharlal Doshi, and Chirag Manharlal Doshi, among others. The complete list of promoters and their shareholding status is detailed below.

The company stated that the promoters have not made any encumbrance over the shares held by them, directly or indirectly, during the financial year. This confirmation is part of the regulatory requirements to ensure adequate disclosure of substantial acquisition of shares and takeover regulations.

Yash Optics & Lens Limited announced its standalone audited financial results for the year ended March 31, 2026. The company reported a 24.95% year-on-year increase in revenue from operations to ₹5,398.98 lakh from ₹4,320.85 lakh in FY25. EBITDA grew 17.04% to ₹1,472.82 lakh, while net profit stood at ₹904.81 lakh. The Board recommended a maiden final dividend of ₹0.50 per equity share for FY26, subject to shareholder approval.

Revenue and Operating Performance

The top-line growth was driven by strong demand across the company's product range. EBITDA margins for FY26 were 27.28%, compared to 29.12% in the previous year, primarily due to increased employee and expansion-related costs. Total expenses rose to ₹4,287.70 lakh from ₹3,305.52 lakh in FY25, influenced by higher material costs and employee benefits.

Strategic Developments and Outlook

In an investor presentation dated May 14, 2026, the company highlighted its strategic shift from trading to manufacturing. Yash Optics is undertaking backward integration through a semi-finished and finished lens casting facility in Vapi, Gujarat. This facility aims to support captive consumption of approximately 20% while catering to the domestic market, improving cost efficiency. The company operates with a production capacity of 2,400+ pairs per day and reaches over 10,500 retail stores.

The company emphasized the significant market opportunity in the Indian eyewear sector, which is projected to grow to ~₹1,483 billion by FY30. Yash Optics holds exclusive distribution rights in India for Pentax ophthalmic lenses by HOYA Lens India Private Limited and Optovision lenses by Rodenstock Group. The management outlined growth strategies including brand development, hospital presence, and e-commerce integration to capitalize on the under-penetrated market.

Balance Sheet and Cash Flow

The balance sheet reflected significant capital deployment, with total assets at ₹11,537.17 lakh as of March 31, 2026. Property, Plant and Equipment increased to ₹4,158.04 lakh, and Capital Work-in-Progress rose to ₹2,237.56 lakh, reflecting investments in the Vapi project. Long-term borrowings declined to ₹450.00 lakh, and short-term borrowings reduced to ₹3.05 lakh. Net cash flow from operating activities improved to ₹1,026.18 lakh in FY26 from ₹567.69 lakh in FY25.

Source: Company/INE0TO601017/84074d4e687648c1.pdf