Zenith Fibres Limited has fixed Tuesday, September 22, 2026, as the record date to determine shareholder eligibility for its annual general meeting and dividend payout. The company aims to distribute a final dividend of ₹1 per equity share for the financial year ending March 31, 2026.

The 37th Annual General Meeting (AGM) is scheduled for Tuesday, September 29, 2026, at 11:00 am. The meeting will be conducted through Video Conferencing (VC) or Other Audio-Visual Means (OAVM), allowing shareholders to participate remotely.

Dividend Details

The proposed dividend represents a 10% payout on the face value of the equity shares. The company stated that the dividend will be paid or dispatched within the statutory period following its declaration by shareholders at the AGM.

Shareholders must hold the equity shares in their demat accounts as of the close of business on the record date to qualify for the distribution. The company notified the BSE Limited regarding these dates in compliance with SEBI Listing Obligations and Disclosure Requirements Regulations.

Zenith Fibres Limited reported a sharp recovery in profitability for the first quarter of FY26, with net profit rising to ₹1.14 crore from a loss of ₹0.01 crore in the preceding quarter and a profit of ₹0.38 crore in Q1FY25. The company’s revenue from operations grew 59% year-on-year to ₹15.45 crore, driven by higher sales volumes across its core segments.

The board of directors approved the unaudited financial results on August 14, 2026. The improved bottom line was supported by a significant expansion in other income, which stood at ₹1.11 crore compared to ₹0.91 crore in the same period last year. This contributed substantially to the pre-tax profit of ₹1.53 crore.

Segment Performance

The company operates through two primary business segments: Manmade Fibre and Renewable Energy. While the manmade fibre segment continued to operate at a loss, the renewable energy arm delivered strong positive contribution.

Renewable energy revenue increased to ₹0.71 crore from ₹0.63 crore in Q1FY25. The segment generated a profit before tax and interest of ₹0.47 crore, offsetting the ₹0.05 crore loss incurred by the manmade fibre division, which saw its revenue rise to ₹15.32 crore from ₹9.70 crore year-on-year.

What the Numbers Show

A notable divergence exists between operational performance and overall profitability. While the core manufacturing segments showed mixed results—with renewable energy profitable and manmade fibres loss-making—the company’s total other income of ₹1.11 crore accounted for approximately 73% of the total income. This indicates that non-operating gains played a decisive role in turning the quarterly result into a significant profit, rather than pure operational margin expansion.

Board Appointments

Alongside the financial results, the board approved two new director appointments effective September 1, 2026, subject to shareholder approval:

• Mrs. Swati Shridhar as an Independent Director for a five-year term. She brings over three decades of experience in business management and the travel sector.
• Mrs. Pinky Rungta as a Non-Executive Non-Independent Director. She is part of the promoter group and brings experience in corporate affairs and strategic decision-making.

The statutory auditors, Surendra Modiani & Associates, issued a limited review report stating that nothing came to their attention to suggest the financial statements contained material misstatements.