Alpine Housing Development Corporation Ltd

AGM results and governance approvals

• Discloses voting results for Alpine Housing Development Corporation Ltd's 33rd AGM held on 29 September 2026.
• AGM conducted via video conference; all agenda items passed by the required majority.
• Audited financial statements for year ended 31 March 2026 adopted.
• Re-appointment of Syed Mohamed Mohsin as director approved.
• Approval of related party transactions (special resolution) approved.
• Approval of overall borrowing limits under section 180(1)(c) approved.
• Approval for creation of mortgage or charge under section 180(1)(a) approved.

AGM Details

• Date/time: 29 September 2026, 11:00 AM
• Mode: Virtual, via Video Conferencing platform
• Meeting duration: 11:00 to 11:52
• Quorum declared sufficient

Resolutions presented

• Ordinary: Adopt audited financial statements and related reports for year ended 31 March 2026
• Ordinary: Reappointment of M. Syed Mohammed Mohsin as Non-Executive Non-Independent Director
• Special: Approval of related party transactions
• Special: Approval of Board borrowing limits under section 180(1)(c) of the Companies Act 2013
• Special: Creation of mortgage/charge on assets under section 180(1)(a)

Voting status

• Resolution 1: Pending; results to be announced within 48 hours
• Resolution 2: Pending; results to be announced within 48 hours
• Resolution 3: Pending; results to be announced within 48 hours
• Resolution 4: Pending; results to be announced within 48 hours
• Resolution 5: Pending; results to be announced within 48 hours

Alpine Housing Development Corporation Ltd – Closure of Trading Window from 1 October 2026 until 48 hours after declaration of financial results for the quarter ended 30 September 2026

Financial performance

• Revenue from operations: 7,287.99 lakh; total income: 7,577.50 lakh.
• Net profit after tax: 601.17 lakh; YoY up ~19%.
• Earnings per share: ₹3.47 (basic).
• EBITDA: 1,077.70 lakh; Profit before tax: 742.93 lakh.
• Debt-to-Equity: 0.16; Current ratio: 1.80.
• Dividend for 2025-26 not recommended.
• Year-end market price: ₹75.44 per share.
• Total equity: ₹8,957.96 lakh; borrowings: ₹1,457.33 lakh.

Segmentation & geography

• Housing Construction revenue: 5,306.35 lakh; Industry: 2,271 lakh.
• Total operating income: 7,577.50 lakh.
• Geography: Karnataka revenue 7,577.50 lakh; Other States nil.

Capital structure & liquidity

• Equity capital: ₹1,732.19 lakh; reserves: ₹7,225.77 lakh; total equity: ₹8,957.96 lakh.
• Long-term borrowings: ₹416.95 lakh; short-term borrowings: ₹1,040.38 lakh; total borrowings: ₹1,457.33 lakh.
• Cash and cash equivalents: ₹2,244.69 lakh.
• Net cash from operating activities: ₹2,339.68 lakh; investing cash flow: ₹-313.84 lakh.

Governance & controls

• Auditors: M/s RVKS & Associates; opinion: unmodified.
• Internal financial controls: adequate; no material weaknesses.
• Secretarial audit: no qualifications; compliance certificates in AR.

Strategic developments & outlook

• Joint development with Bharatiya City on 13 acres; 30% revenue share.
• Projected net revenue > ₹500 crore over 3–4 years; launch October 2026.
• Railway sleepers: orders worth ₹50 crore plus; plan for automated sleeper plant.

CSR, dividends & shareholding

• CSR outlay for 2025-26: ₹0.1179 crore; CSR policy on company website.
• AGM: 33rd AGM held 29 Sep 2026 via VC/OAVM.
• Promoter holding 73.86%; dematerialised shares 95.36%; 4.64% physical.

AGM details

• AGM date/time: 29 September 2026 at 11:00 IST via VC/OAVM.
• Voting entitlement cut-off: 22 September 2026.
• Register/Share Transfer Books closed: 23–29 September 2026.
• Remote e-voting window: 26–28 September 2026.

Key resolutions

• Adopt audited financial statements for the year ended 31 March 2026.
• Re-appoint Syed Mohamed Mohsin as Director retiring by rotation.
• Approve material related party transactions with related parties up to Rs 100 crore annually for five years.
• Approve board borrowing limit up to Rs 350 crore.
• Authorize creation of mortgage/charge on assets to secure borrowings.

Meeting Details

• Date, time and venue: Sep 1, 2026, 3:30 PM, No. 302, Alpine Arch, No. 10 Langford Road, Bengaluru.

Key Agenda Items

• Approve convening the 33rd AGM and related matters.
• Approve appointment of Ashok Kumar Tripathy, practicing company secretary, as Scrutinizer for e-voting at AGM.

Other Notes

• Meeting to consider AGM convening and e-voting Scrutinizer appointment.

Financial highlights

• Revenue from operations: 1,676.04 for quarter ended 30-06-2026.
• PAT: 194.62 for quarter ended 30-06-2026.
• EPS (basic and diluted) 1.12 for quarter ended 30-06-2026.
• Total income for quarter: 1,676.04; YoY 1,732.72 in 30-06-2025.
• Debt: 1,717.94; Net worth: 9,152.58 as of 30-06-2026.
• Debt-Equity: 0.19; Current ratio: 1.81 as of 30-06-2026.

Segment performance

• Construction Unit revenue: 867.99; Manufacturing Division: 808.05.
• Construction Unit PBT: 74.16; Manufacturing Division PBT: 160.13.
• Total segment PBT: 234.29 for quarter ended 30-06-2026.

Financial results approved

• Unaudited standalone quarterly results for quarter ended 30 June 2026 approved by Board.
• Audit Committee reviewed results prior to Board approval.
• Limited Review Report by statutory auditors accompanying the results.
• Results filed with stock exchange and available on Alpine Housing website.

Regulatory/compliance disclosures

• Limited Review conducted under SEBI LODR Regulation 33 (amended).
• Investor complaints for quarter ended 30 June 2026: Beginning Nil; Received 1; Responded 1; Pending Nil.