Diligent Industries Ltd

Diligent Industries Limited: Trading window closes from 01 October 2026 until 48 hours after the declaration of the Un-Audited Financial Results for Q2 2026 (quarter ended 30 September 2026).

AGM Details

• 32nd AGM date/time/mode: 30 Sep 2026, 11:30 AM, physical at registered office.
• Book Closure: 24 Sep 2026 to 30 Sep 2026 (inclusive).
• Record date/cut-off: 23 Sep 2026; E-voting 27–29 Sep 2026.
• Venue: Dwarka Thirumala Road, Denduluru, AP 534432.

Resolutions Put to Vote

• Ordinary: Adoption of Audited Standalone Financial Statements for FY 2025-26.
• Ordinary: Re-appointment of Mrs Phani Anupama Vankineni (retires by rotation).
• Special business: none.

Voting & Results

• Voting via remote e-voting and AGM polling; results announced within 2 working days.
• Scrutinizer: Mr. Ganga Anil Kumar.
• EVSN 260907071; e-voting on CDSL platform.

Dividend

• Dividend: No dividend declared for FY2025-26.

Director & Auditor

• Director changes: Phani Anupama Vankineni to be re-appointed; retires by rotation.
• Statutory auditor: M/s P. Suryanarayana & Co. continues; FY2024-25 to FY2028-29.

Related Party Transactions

• Purchases from Adithya Rice Mill and Adithya Commercials India: ₹13,630.03 L.
• Loans from related parties: ₹881.09 L; interest-free; repayable on demand.
• Receivables from E-Way Lipids ₹2,211.79 L; advances to related parties ₹952.86 L.

Rights Issue & Capital

• Rights issue completed in 2024-25; proceeds ₹4,466.55 L; used for promoter loans and working capital.
• Securities premium adjustment ₹60.38 L; P&L impact ₹5.90 L.

Other Disclosures

• ESOPs: None issued.

Financial highlights

• Total income from operations ₹15,295.18 lakh, up 6.54% YoY
• PAT ₹252.33 lakh; EPS ₹0.11
• PBT ₹337.60 lakh; tax expense ₹95.24 lakh
• Net cash from operating activities ₹187.87 lakh
• Dividend for FY2025-26: Nil

Capital structure & shareholder returns

• Rights issue of 12,40,70,766 shares in FY2024-25; equity ₹6,703.15 lakh
• Total debt ₹3,929.51 lakh; debt/equity 0.59; gearing 1.71
• Paid-up capital ₹2,384.31 lakh; no change during year
• Net profit added to reserves; retained earnings ₹1,095.23 lakh

Assets and liquidity

• PPE ₹1,290.32 lakh; CWIP ₹299.61 lakh
• Inventories ₹4,615.21 lakh; trade receivables ₹2,981.19 lakh; cash ₹7.07 lakh
• Current ratio 2.10; ROE 3.84%

Operations and performance

• Single segment: Edible Rice Bran Oil
• Revenue growth driven by higher turnover; 2025-26 revenue ₹15,295.18 lakh
• Depreciation ₹173.70 lakh; finance cost ₹236.52 lakh

Capital expenditure and efficiency

• Capex additions: PPE ₹231.90 lakh; CWIP ₹74.04 lakh
• Refinery upgradation to improve efficiency
• Investments aimed at capacity utilisation and process improvements

Governance and audit

• Statutory auditors: M/s P. Suryanarayana & Co. for FY28-29
• Secretarial auditor: M/s Ganga Anil Kumar & Associates
• SOP fines to BSE for late shareholding filings: ₹2,000 + GST and ₹8,000 + GST
• E-voting facility and AGM procedures as per SEBI LODR

Related party transactions

• Purchases from related parties: Adithya Rice Mill ₹5,510.78 lakh; Adithya Commercials India ₹8,119.25 lakh
• Sales to E-Way Lipids ₹2,142.25 lakh; Adithya Commercials ₹125.87 lakh
• Loans: MD Bhanu Prakash Vankineni ₹72.98 lakh; MD balance ₹775.72 payable
• Advance to related suppliers: ₹952.86 lakh

Risks and outlook

• Commodity price volatility and raw material availability
• Regulatory and tax risk; tax arrears noted; TDS dues outstanding
• Outlook: focus on efficiency, working capital discipline and cost management

Key Decisions

• AGM notice approved for 32nd AGM on 30 Sep 2026 at 11:30 AM at registered office.
• Annual Report and Board's Report for FY 2025-26 approved.
• Remote e-voting for 32nd AGM via CDSL e-Voting System approved.
• Appointed M/s Ganga Anil Kumar & Associates as Scrutinizer for AGM voting/e-voting.
• Closure of Register of Members and Share Transfer Books 24 Sep to 30 Sep 2026 for AGM.
• Cut-off date 23 Sep 2026 to record entitlement to vote.

Q1 FY27 highlights

• Revenue from operations: INR 3,016.52 Lakhs for quarter ended 30 June 2026.
• Total Income: INR 3,016.76 Lakhs.
• Profit before tax: INR 119.29 Lakhs.
• Tax expense: INR 30.02 Lakhs.
• Profit for the quarter: INR 89.27 Lakhs.
• Basic EPS: INR 0.04; Diluted EPS: INR 0.04.

Board meeting details

• Board to meet on 14 August 2026 to consider unaudited results for quarter ended 30 June 2026.
• Limited Review Report to accompany the results.

Compliance status

• Securities dematerialisation: mutilated and cancelled after verification; NSDL/CDSL names updated within 15 days.
• Details of dematerialised securities furnished to stock exchanges.
• Dematerialisation requests processed during the period.