Hindustan Hardy Ltd

Hindustan Hardy Limited trading window closed from October 1, 2026 until 48 hours after the date of the board meeting at which the unaudited financial results for the quarter ended September 30, 2026 would be considered.

AGM details

• AGM held Sep 10, 2026 at 2:30 pm via VC/OAVM.
• Record date for entitlement: Sep 3, 2026.
• Remote e-voting from Sep 7 to Sep 9, 2026.

Key resolutions

• Resolution 1: adopt audited financial statements for year ended Mar 31, 2026.
• Resolution 2: declare final dividend of Rs 2.80 per equity share.
• Resolution 3: reappoint director retiring by rotation (Arati Sanjaya Saran).

Voting outcomes

• Resolution 1 passed; in favour 992,890; against 2.
• Resolution 2 passed; in favour 992,890; against 0.
• Resolution 3 passed; in favour 992,890; against 0.

Director changes

• Ms. Arati Sanjaya Saran retires by rotation and is reappointed.

Key dates

• AGM date and time: 10 September 2026 at 2:30 PM.
• Record date: 03 September 2026 for AGM and dividend entitlement.
• Dividend, if approved at AGM, payable 15 September 2026.

AGM details

• AGM date/time: 10 September 2026 at 2:30 PM IST via VC/OAVM.
• Mode: Video Conferencing / Other Audio Visual Means (OAVM).
• Record date for entitlement: 3 September 2026.

Key resolutions

• Adopt Audited financial statements for year ended 31 March 2026 and reports.
• Declare dividend on equity shares for year ended 31 March 2026.
• Reappoint Arati Saran as director by rotation (DIN 01157284).

Dividend details

• Dividend per share: ₹2.80 (face value ₹10).
• Record date: 3 September 2026.
• Payment date: 15 September 2026 (subject to TDS).

Director information

• Arati Saran: age 69; first appointment 14 Feb 2025.
• Holds 150 shares; related to Devaki Saran and Mallika Saran.
• No other director/KMP relationships disclosed.

Voting results

• Voting outcomes not disclosed in this filing.

Financial highlights

• Revenue from operations: ₹10,879.03 lakh.
• Total income: ₹10,994.00 lakh.
• Profit before tax: ₹1,133.91 lakh.
• Profit after tax: ₹837.89 lakh.
• Basic EPS: ₹55.92.
• Net profit margin: 7.62%.
• ROE: 25.06%.
• Sales grew 34% in FY2025-26.

Dividend & share data

• Dividend proposed: ₹2.80 per share.
• Record date: 3 September 2026.
• Dividend payout date: 15 September 2026.
• Promoter holding: XLO India Limited at 66.07%.

Operations & outlook

• FY25-26 driven by higher domestic OEM and exports; Q4 strongest.
• Export profitability aided by rupee depreciation.
• Costs rose due to energy, manpower; productivity initiatives pursued.
• Healthy order pipeline; focus on OEMs, exports, and automation.

Capital structure & liquidity

• Total borrowings: non-current ₹266.18 lakh; current ₹682.32 lakh.
• Cash and cash equivalents: ₹435.62 lakh.
• Current ratio: 1.79x; debt-to-equity: 0.25x.
• Total equity: ₹3,749.73 lakh.

Governance & leadership changes

• Aurobind Patel appointed Independent Director from 13-Mar-2026 for five years.
• Mallika Saran appointed Whole-time Director & CFO from 01-Jun-2025.
• Vijay Pathak reappointed as ED & COO for three years to 31-Mar-2028.

CSR disclosures

• CSR policy and committee updated; reconstituted 13-Mar-2026.
• CSR obligation: ₹13.81 lakh; spent: Nil; unspent: ₹24.97 lakh (FY24-25 & FY25-26).
• Unspent CSR funds to be spent in FY2026-27.
• CSR projects and policy disclosed on company website.

Audit & compliance & risk

• Auditors’ report: no qualifications; no fraud reported.
• Secretarial audit notes: familiarisation programme updation pending; CSR unspent noted.
• Risks: geopolitical tensions, tariffs, input costs; plan to boost automation and productivity.

Financial results

• Unaudited standalone results for quarter ended 30 June 2026 approved by the Board.
• Revenue from operations: ₹2,434.85 Lakhs; Total income: ₹2,461.34 Lakhs.
• Net profit after tax: ₹10.40 Lakhs for the quarter.
• Results prepared under Ind AS 34; Audit Committee reviewed prior to Board approval.
• Limited review report by statutory auditors expressed an unmodified conclusion.

Regulatory and governance

• Board meeting held 5 August 2026 via video conferencing to approve results.
• Company confirms no subsidiary/associate/joint venture as on 30 June 2026.
• Figures prepared in accordance with Ind AS and SEBI LODR Regulation 33.