Hemadri Cements Ltd

AGM details

• AGM scheduled for Tuesday, 29 September 2026 at 11:00 AM via video conferencing.
• Remote e-voting available 26–28 September 2026, 10:00 AM to 5:00 PM.
• Shareholder voting cut-off date set as 24 September 2026.
• Register of Members and transfer books closed 23–29 September 2026.
• Company is in voluntary liquidation.

Results and liquidation context

• Board approved unaudited results for quarter ended 30-06-2026 under liquidation basis.
• Total income for quarter: ₹7.36 Lakhs.
• Total expenses: ₹67.44 Lakhs; PBT before tax: ₹-60.08 Lakhs.
• Net loss for the quarter: ₹-60.08 Lakhs.
• Basic and Diluted EPS: ₹-0.90.
• Trading suspended since 24-Nov-2025; liquidation ongoing.
• Interim equity distributions initiated July 2026; remaining assets to be auctioned.

Meeting Details

• Board meeting on August 13, 2026 via Video Conference to consider unaudited results.

Key Agenda Items

• To consider and approve the unaudited financial results for quarter ended 30 June 2026.

Other Notes

• Company is in voluntary liquidation since 14 July 2025.

Dematerialisation status

• Securities received for dematerialisation were confirmed to the depositories (accepted or rejected).
• Dematerialised securities were listed on the exchanges where earlier issues are listed.
• Certificates received for dematerialisation were mutilated and cancelled; depository name substituted in register of members within prescribed timeline.

Hemadri Cements Ltd – Trading window closed from June 30, 2026 until the expiry of 48 hours from the date of declaration of unaudited Financial Results of the Company for the quarter ended June 30, 2026.

FY26 results

• 📊 Revenue from operations was nil; total income was ₹896.46 lakh in FY26.
• 📊 FY26 PBT was a loss of ₹126.67 lakh, versus ₹2,121.70 lakh loss in FY25.
• 📊 FY26 PAT was a loss of ₹508.42 lakh, versus ₹2,705.90 lakh loss in FY25.
• 📊 FY26 basic and diluted EPS were negative ₹7.62, versus negative ₹40.57 in FY25.
• 📊 Other income rose to ₹896.46 lakh from ₹111.40 lakh, driving FY26 earnings.
• 📊 Total expenses fell to ₹1,023.13 lakh from ₹3,027.72 lakh, led by lower power and employee costs.

Quarter ended Mar-26

• 📊 Q4 FY26 total income was ₹828.97 lakh, versus ₹45.72 lakh in Q4 FY25.
• 📊 Q4 FY26 PBT was ₹652.29 lakh, versus a ₹484.44 lakh loss last year.
• 📊 Q4 FY26 PAT was ₹270.54 lakh, versus a ₹1,068.64 lakh loss last year.
• 📊 Q4 FY26 EPS was ₹4.06, versus negative ₹16.02 in Q4 FY25.
• 📊 Q4 other income was ₹828.97 lakh, versus ₹45.72 lakh a year earlier.

Liquidation and asset sale

• 📍 The company is in voluntary liquidation from 14 July 2025.
• 📍 Equity shares were suspended from BSE trading on 24 November 2025.
• 📦 Public e-auction realised ₹4,277.00 lakh from land, factory buildings, plant, and stores.
• 🧱 Valuers estimated sold assets at ₹3,471.13 lakh, creating ₹205.87 lakh gain on sale.
• 🧱 Revaluation reserve of ₹4,710.77 lakh was recognised on liquidation basis accounting.

Balance sheet and cash

• 📊 Total assets were ₹3,545.90 lakh at 31 March 2026, versus ₹2,434.63 lakh a year earlier.
• 📊 Cash and cash equivalents rose to ₹241.13 lakh from ₹151.09 lakh.
• 📊 Bank balances other than cash increased to ₹935.88 lakh from ₹42.78 lakh.
• 📊 Borrowings fell to ₹77.41 lakh from ₹2,012.02 lakh.
• 📊 Other equity improved to ₹2,154.93 lakh from negative ₹1,047.41 lakh.
• 📊 FY26 operating cash flow was negative ₹1,951.24 lakh, while investing cash flow was positive ₹4,096.98 lakh.

Audit

• 🗒️ Statutory auditors issued an unmodified opinion on FY26 audited financial results.
• 🗒️ Auditor highlighted liquidation-basis accounting and the completed asset valuation exercise.

Business model

• 🏭 Hemadri Cements was a cement manufacturer now under voluntary liquidation.
• 🏭 The company sold land, factory assets, plant and machinery during the liquidation process.