Bhatia Communications & Retail (India) Ltd

Business Overview

• Multi-brand consumer electronics retailer with 363 stores (360 owned, 3 franchise) as of Q1 FY27.
• Gujarat-dominant footprint; expanding into Maharashtra with 63 stores.

Key Operational Highlights

• 63 Maharashtra stores added; expanding footprint beyond Gujarat.
• Operates MBOs and exclusive brand outlets.

Financial Performance

• FY26 revenue 595.24; EBITDA 28.39; Net profit 16.76; EBITDA margin 4.77%; PAT margin 2.82%.
• Q1 FY27 revenue 190.67; EBITDA 10.82; PBT 9.11; Net profit 6.82.
• Q1 FY27 diluted EPS 0.48; PAT margin 3.58%.

Capital Structure & Liquidity

• Net debt-free balance sheet.

Strategic Outlook

• 2-3 year plan to deepen footprint in Maharashtra.
• Focus on semi-urban expansion and financing options.

Governance & Leadership

• MD: Sanjeev Bhatia; WTD: Nikhil Bhatia, with decades in retail.

Record Date Details

• Record Date: Friday, August 21, 2026, for entitlement to 1st interim dividend.
• Type of security: Equity shares of Re. 1/- each.
• Purpose: Determination of members eligible for payment of 1st interim dividend.
• Entitlement as per records of NSDL/CDSL as of close of Aug 21, 2026.
• Dividend type: 1st interim dividend.

Dividend declaration details

• 1st interim dividend declared for the financial year 2026-27.
• Dividend amount is ₹0.01 per equity share.
• Dividend rate is 1% of face value.
• Face value per share is ₹1.
• Dividend to be paid within the time under Companies Act, 2013.
• Board meeting held on 14 Aug 2026 approved the dividend.

Financial highlights

• Income from operations: 18,999.84 Lakhs in quarter ended 30/06/2026.
• Total income: 19,067.92 Lakhs in quarter ended 30/06/2026.
• Profit after tax: 681.67 Lakhs in quarter ended 30/06/2026.
• EPS (Basic): ₹0.48 for the quarter ended 30/06/2026.

Dividend & segment

• Interim dividend of Re 0.01 per equity share for FY 2026-27.
• Single operating segment per Ind AS 108.

Investor complaints

• Nil investor complaints pending at quarter end.

AGM details

• Date: 25 July 2026; Time: 01:00 PM; Mode: VC/OAVM.

Voting results

• All resolutions put to vote were approved by shareholders with requisite majority as per Scrutinizer's report.

AGM Details

• AGM held on July 25, 2026 at 01:00 PM via VC/OAVM.
• Meeting concluded at 01:18 PM.

Ordinary Business

• Adoption of audited financial statements for the year ended March 31, 2026 with reports.
• Declaration of dividend on equity shares at 1% (Re 0.01 per share).
• Re-appointment of Mr. Nikhil Harbanslal Bhatia on rotation.
• Appointment of Statutory Auditors and approval of remuneration.

Special Business

• Increasing the overall borrowing limits under Section 180 of the Companies Act, 2013.
• Approval for loans, investments, guarantees or security under Section 186.

Voting Status

• Voting results to be declared after Scrutinizer's report.

Operational disruption in Surat

• Operations at two Surat locations temporarily disrupted due to severe urban flooding.
• Flooding damaged premises contents; actual loss currently being ascertained.
• Company does not anticipate material impact on overall operations.
• Estimated quantum of loss is being ascertained; insurance coverage is in place.
• Insurance coverage is adequate to cover the loss.
• Affected locations: Bhatia Complex, Bamroli Road, Surat; Poddar Arcade, Varachha, Surat.

Dematerialisation status

• Dematerialisation requests processed; confirmations sent to depositories; securities listed on exchanges.
• Physical certificates for dematerialisation mutilated and cancelled; depository name updated as registered owner within timelines.