Yashhtej Industries reported a net profit of ₹125.27 crore for FY26, an 18% increase from the previous year's ₹106.25 crore. This growth occurred despite a 17% decline in revenue from operations to ₹2,693.85 crore. Shareholders approved a borrowing limit enhancement to ₹1,000 crore at the annual general meeting held on September 29, 2026.

Financial Performance

Revenue from operations fell to ₹2,693.85 crore in FY26 from ₹3,229.01 crore in FY25. This contraction was primarily driven by movements in commodity prices and operating volumes within the soybean crude oil and de-oiled cake (DOC) segments. Total expenses decreased proportionally to ₹2,580.88 crore, down from ₹3,094.39 crore in the prior year.

Profit before tax rose to ₹156.11 crore compared to ₹148.16 crore in FY25. The improvement in profitability highlights effective cost management strategies implemented by the management team during a period of lower top-line growth. Other income increased to ₹43.14 crore from ₹29.96 crore, contributing positively to the total income figure of ₹2,736.99 crore.

What the Numbers Show

A key divergence in the financial data is the widening gap between revenue decline and profit growth. While revenue dropped significantly, net profit margins expanded from 3.29% in FY25 to 4.65% in FY26. This indicates that operating costs were controlled more effectively than revenue was maintained, allowing the company to protect its bottom line despite challenging market conditions for soybean processing.

Balance Sheet and Capital Structure

The company's balance sheet strengthened considerably following its initial public offering. Shareholders' funds surged to ₹11,316.04 crore, comprising share capital of ₹230.80 crore and reserves and surplus of ₹9,008.08 crore. This is a substantial increase from ₹1,961.82 crore in the previous year.

Total borrowings stood at ₹9,603.77 crore, including long-term borrowings of ₹245.89 crore and short-term borrowings of ₹7,144.91 crore. The debt-equity ratio improved sharply to 0.85 from 2.06 in the prior year, reflecting the capital raised through equity issuance. Inventories increased to ₹927.86 crore from ₹324.05 crore, indicating a build-up in raw materials and finished goods.

AGM Resolutions and Governance

At the 8th Annual General Meeting, shareholders approved several key resolutions:

• Re-appointment of Managing Director Suraj Shivraj Barge, who retires by rotation.
• Appointment of M/s. H M Kadeval & Associates as Secretarial Auditor for five years.
• Ratification of remuneration for Cost Auditors M/s. JNP & Associates for FY27.
• Special resolution to create security charges on assets up to ₹1,000 crore.
• Special resolution to empower the Board to borrow funds up to ₹1,000 crore.

The Board did not recommend any dividend for FY26, opting to retain profits to strengthen the financial position and meet future project requirements. No deposits were accepted during the year, and there were no outstanding deposits as of March 31, 2026.

Yashhtej Industries accepted the resignation of Mrs. Reshma Samir Pange as Company Secretary and Compliance Officer effective August 31, 2026.

The Latur-based firm disclosed the departure to BSE Limited on September 1, 2026, pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The resignation was tendered due to personal reasons.

Key Details

• Resigning Officer: Mrs. Reshma Samir Pange
• Position: Company Secretary and Compliance Officer (Key Managerial Personnel)
• Effective Date: Closing of business hours on August 31, 2026
• Reason: Personal reasons
• Membership Number: ACS: 35183

The company stated that Mrs. Pange confirmed she would extend necessary cooperation for the smooth handover of secretarial records, statutory registers, and documents to the designated successor.

Suraj Shivraj Barge, Managing Director of Yashhtej Industries, signed the disclosure letter. The company previously operated under the names Yashh Tej Solvent Limited and Yashh Tej Solvent Private Limited.