Camex Ltd

Financials

• Revenue from operations ₹4,082.59 lakhs; total revenue ₹4,091.29 lakhs in Q1FY26.
• Profit before tax ₹188.92 lakhs; tax ₹50.12 lakhs; PAT ₹139.59 lakhs.
• EPS Basic ₹1.37; Diluted ₹1.37.
• Total expenses ₹3,902.37 lakhs; cost of materials ₹1,759.31; stock-in-trade ₹1,666.01.
• Other income ₹8.70 lakhs; finance costs ₹48.41 lakhs; depreciation ₹19.00 lakhs.
• Segment revenue: Dyes and Chemicals ₹2,426.88 lakhs; Fiber Glass ₹1,655.71 lakhs.
• Segment results before finance: Dyes ₹108.18 lakhs; Fiber Glass ₹129.15 lakhs.

Segment & balance sheet

• Segment assets: Dyes and Chemicals ₹4,084.32 lakhs; Fiber Glass ₹3,289.55 lakhs; total ₹7,373.87 lakhs.
• Segment liabilities: Dyes ₹1,037.46 lakhs; Fiber Glass ₹1,561.17 lakhs; total ₹2,598.63 lakhs.

Board action

• Board approved unaudited results for quarter ended 30 Jun 2026; Limited Review Report attached.

AGM Details

• Date/time/mode: 7 Aug 2026, 12:30–13:10 IST, via VC/OAVM.
• Record date: 31 Jul 2026; postal ballot last date: 7 Aug 2026.
• Total shareholders on record: 4,022.
• Attendance: Promoters 6, Public 17 via VC.
• All resolutions were passed.

Key Resolutions

• Resolution 1 (Ordinary): Adoption of Audited Financial Statements for year ended 31 March 2026.
• Resolution 2 (Ordinary): Reappointment of Rajesh Nahata by rotation.
• Resolution 3 (Ordinary): Approval of related party transactions with Camex Industries and Camex Wellness Limited.
• Resolution 4 (Ordinary): Approval of related party transactions with Texchem Private Limited.
• Resolution 5 (Ordinary): Approval of related party transactions with Camex Wellness Limited for goods.
• Resolution 6 (Ordinary): Approval of related party transactions with Speciality Private Limited.
• Resolution 7 (Ordinary): Approval of related party transactions for rent of premises.
• Resolution 8 (Special): Rental payments to related party for premises.
• Resolution 9 (Ordinary): Approval of related party transactions for unsecured loans with Camex Wellness Limited.
• Resolution 10 (Special): Granting of unsecured loan to Camex Wellness Limited.
• Resolution 11 (Special): Additional unsecured loan arrangements with Camex Wellness Limited.
• Resolution 12 (Ordinary): Acceptance of unsecured loan from Camex Wellness Limited.
• Resolution 13 (Ordinary): Appointment of Khushi Nahata as Whole-Time Director.

Voting Results

• Resolutions 1–7 passed with overwhelming support.
• Resolutions 8, 10, 11 (Special) passed with broad support.
• Resolution 13 passed; overall, no material dissent disclosed.

Related Party Transactions

• Camex Industries and Camex Wellness Limited: sale/purchase of goods and materials.
• Texchem Private Limited: sale/purchase of goods and materials.
• Speciality Private Limited: sale/purchase of goods and materials.
• Rent-related payments to related parties for premises.
• Unsecured loan transactions with Camex Wellness Limited (acceptance/granting).

Directors & Auditors

• Rajesh Nahata reappointed by rotation.
• Khushi Nahata appointed as Whole-Time Director.
• No auditor appointments or changes disclosed.

AGM details

• AGM held Aug 7, 2026 at 12:30 p.m. IST via VC/OAVM.
• Meeting concluded at 1:10 p.m.
• Attendance: 23 members via VC.
• Notice and reports taken as read; no qualifications reported.
• Scrutinizer appointed for remote and on-site voting.
• Remote e-voting: Aug 4–6, 2026; cutoff July 31, 2026.
• Results to be announced within two working days.
• Chaired by Chandraprakash Chopra, MD & Chairman.
• Scrutinizer’s report to be received before declaring results.

Voting and participation

• Remote e-voting conducted Aug 4–6, with cut-off on Jul 31.
• Total attendance: 23 members via VC; no in-person meeting.

Resolutions and outcomes

• Specific resolutions and voting outcomes not detailed in this excerpt.
• Results to be declared within two working days and posted on website.

Auditors and governance

• Statutory, internal, and secretarial auditors attended; no changes announced.

Meeting Details

• Date: August 10, 2026; time not disclosed; venue: Registered Office.

Key Agenda Items

• Consider unaudited quarter ended June 30, 2026 IND-AS results with Limited Review by Statutory Auditors.
• Any other business with the approval of the Board.

Other Notes

• Trading window closed from July 1, 2026, to 48 hours after results adoption.

AGM details

• AGM scheduled for 7 August 2026 at 12:30 PM via Video Conferencing / Other Audio Visual Means.

Ordinary business resolutions

• Adopt financial statements, board report, and auditors' report for the year.
• Re-appoint/appoint directors as required under law and AoA.
• Appoint statutory auditors and secretarial auditors; tenure/remuneration as disclosed.

Special business resolutions

• Approve material related party transactions; subject to nature and counterparties disclosed.
• Authorize borrowings and creation of charges within prescribed limits.
• Approve ESOP/stock option scheme and any amendments.
• Approve amendments to charter documents (MOA/AOA) as required.

Related party transactions / governance

• Material related party transactions with identified counterparties and disclosed nature.

Financial highlights

• Revenue ₹14,955.78 L; YoY growth ~11.9%.
• Net profit after tax ₹327.35 L; EPS ₹3.21.
• EBITDA ₹708.32 L; PBT ₹439.18 L.
• ROE 7.3%; ROCE 10.03%.
• No dividend declared for 2025-26.

Segment performance

• Dyes & Chemicals revenue ₹8,580.86 L; Fiber Glass ₹6,374.91 L.
• Total segment revenue ₹14,992.12 L; segment operating income ₹523.74 L.

Capital structure & liquidity

• Authorized capital ₹25 Cr; issued & paid-up ₹10.21 Cr (1,02,08,700 shares).
• Net debt ₹4.46 Cr; gearing 8.82%.
• Long-term borrowings ₹515.00 L; short-term borrowings ₹168.06 L.
• Cash and cash equivalents ₹8.71 L at year-end.

Dividend & capital

• Dividend: no dividend declared; reserves unchanged.
• Total assets ₹71.3 Cr; total equity ₹46.1 Cr.

Governance & audit

• Board: 6 directors; 3 independent; Jagrit Sanklecha appointed 15 May 2025; Arpit Shah resigned 1 Apr 2025.
• Auditors: Surana Maloo & Co. (statutory); Ravi Kapoor & Associates (secretarial); no qualifications.
• Independent Directors met separately on 25 Mar 2026.

Related party transactions

• Camex Industries: job work up to ₹2 Cr/yr for 3 years.
• Creative Texchem Private Limited: purchase/sale up to ₹2 Cr/yr for 3 years.
• Camex Speciality Private Limited: rent up to ₹50 Lacs/yr; loans up to ₹5 Cr/yr for 3 years.
• Chandraprakash Chopra HUF: rent up to ₹0.36 Lacs/mo for 3 years.
• Camex Wellness Limited: unsecured loan up to ₹50 Lacs/yr for 3 years.
• Khushi Nahata: salary up to ₹12 Lacs/yr.

AGM & corporate actions

• 37th AGM on 7 Aug 2026 via VC/OAVM; remote e-voting facility.
• Record date fixed as 1 Aug 2026.
• Notice and annual report available on company site and BSE.

Risks & outlook

• Raw material cost volatility; currency risk due to USD-INR exposure.
• Regulatory shifts, including Labour Codes, may impact operating costs.
• Fiberglass market remains positive due to construction and renewable energy demand.

Record date and AGM voting details

• Record Date fixed at August 1, 2026 for 37th AGM for FY 2025-26.
• Cut-off date for remote e-voting: July 31, 2026.
• Remote e-voting: Aug 4-6, 2026, 9:00 AM-5:00 PM.
• AGM date: Aug 7, 2026 via VC/OAVM.

Dematerialisation processing and listing status

• Securities dematerialised during the quarter ended 30 June 2026 were confirmed to depositories and listed on exchanges.
• Security certificates received for dematerialisation were mutilated and cancelled; depository name substituted as registered owner within timelines.