Alkosign Ltd

Alkosign Ltd: Trading window closed from Oct 1, 2026 until 48 hours after communication of the half-year ended Sep 30, 2026 financial results

AGM details

• AGM held physically at registered office; 12:00; e-voting not provided due to SME exemption; voting by polling papers.

Resolutions and outcomes

• Ordinary: Adoption of Annual Accounts; outcome pending after Scrutinizer report.
• Ordinary: Re-appointment of retiring director; outcome pending.
• Special: Approval for related party transactions with related party; outcome pending.
• Special: Re-appointment of MD and fixation of remuneration; outcome pending.
• Special: Re-appointment of Whole-time Director and remuneration fixation; outcome pending.
• Special: Remuneration exceeding limit under section 197; outcome pending.
• Special: Re-appointment of Non-Executive Independent Director (Doshi); outcome pending.
• Special: Re-appointment of Non-Executive Independent Director (Jhaveri); outcome pending.
• Special: Re-appointment of Non-Executive Independent Director (Gupta); outcome pending.

Executive summary

• Standalone total income: 4055.06 Lakhs; revenue declined from 5184.64.
• Standalone PAT: -515.58 Lakhs; EPS: -4.87 per share.
• Dividend not declared for FY 2025-26.
• Luggage division discontinued from Feb 2, 2026.

Financial performance (Standalone)

• Profit before tax: -485.58 Lakhs.
• Income from operations: 4021.08 Lakhs.
• Finance cost: 48.63 Lakhs.

Discontinued operations

• 12 Lakhs loss from discontinued luggage operations.
• Discontinued ops net assets: 382.83 Lakhs.

Segment performance

• Board Division revenue: 2,689.04 Lakhs; Luggage: 1,403.29.
• Total segment revenue: 4,092.33 Lakhs.
• Board segment profit: 199.81; luggage loss -602.12.

Dividends and capital actions

• Bonus issue: 35,97,497 shares; 1:2 ratio.
• Authorized capital raised to Rs 11 crore.

Governance and remuneration

• MD Samir Shah re-appointed for five years; remuneration up to Rs 36 Lakhs.
• WTD Shrenik Shah re-appointed; remuneration up to Rs 12 Lakhs.
• Independent Directors Doshi/Jhaveri/Gupta re-appointed for five years.

Debt, liquidity and cash flows

• Long-term borrowings: 352.26 Lakhs; short-term borrowings: 967.86.
• Cash and cash equivalents: 541.85 Lakhs.
• Cash flows: operating 162.67; investing 33.98; financing 16.31.

Auditors and internal controls

• Statutory auditors: M/s K.S. Shah & Co.
• Internal auditors: Shah Gupta & Co.; Secretarial: Dilip Swarnkar & Associates.
• Internal controls adequate and effective as of 31-03-2026.

Risks & outlook

• Risks: intense luggage market competition; demand volatility.
• Outlook: focus on profitable products; cost reduction and productivity gains.

Dematerialisation status

• No dematerialisation requests were received; no physical certificates were received for dematerialisation.