Jumbo Bag Ltd

AGM Details

• AGM held 30 July 2026 via VC/OAVM at 10:30 IST.

Key Resolutions

• Adopt Balance Sheet, P&L and reports; ordinary; passed.
• Declare dividend on equity shares for year ended 31 March 2026; ordinary; passed.

Director Changes

• Shri G.S. Srinivas re-appointed by rotation; passed.

Auditor Matters

• Remuneration of statutory auditors revised; passed.

Board approvals

• Board approved unaudited Q1 FY2026 results for the quarter ended 30 June 2026.
• Appointment of Mr. G. A. Darshan as Additional Director (Non-Executive and Non-Independent) effective 30 July 2026.
• Mr. G. A. Darshan is the CFO of Jumbo Bag Ltd and is a Chartered Accountant with B.Com.
• Mr. Darshan is the son of MD G S Anilkumar.
• Mr. Darshan is not debarred from holding office by SEBI or any authority.

AGM Details

• AGM held 30 July 2026 at 10:30 A.M. via VC/OAVM.
• Quorum present; Chairperson Renuka Mohan Rao presided.
• Directors attended via VC; secretarial auditor Scrutinizer present.
• Remote e-voting conducted 27–29 Jul 2026; results to be announced within 2 working days.
• Meeting concluded at 11:27 A.M.

Ordinary Business

• Item 01: Adoption of balance sheet, P&L, and reports for year ended 31 Mar 2026.
• Item 02: Re-appointment of director retiring by rotation — G. S. Srinivas.
• Item 03: Dividend on equity shares for year ended 31 Mar 2026.
• Item 04: Revision of remuneration of statutory auditors.

Voting Status

• Voting results pending; to be announced within 2 working days.

Director Changes

• Director re-appointment: G. S. Srinivas retires by rotation.

Auditor Matters

• Remuneration revision for statutory auditors.

Financial results and reporting

• Unaudited quarterly financials for the quarter ended 30 June 2026 approved, with Limited Review Report and segment reporting.
• Independent auditor's Limited Review conducted; report states no material misstatements.
• Board meeting duration 12:30 to 14:00 IST.

Meeting Details

• Date: 30 July 2026; venue: registered office.

Key Agenda Items

• Consider and approve unaudited quarterly results for quarter ended 30 June 2026.
• Appointment of Shri. G.A. Darshan as Additional Director.

Other Notes

• Trading window closure ends 48 hours after results are made public.

Dematerialisation/rematerialisation confirmation

• Securities in the certificate have been listed on the stock exchange where earlier securities are listed.
• Certificates were mutilated and cancelled; depository name substituted as registered owner within 15 days.

Financial snapshot

• Revenue from operations: ₹11,757.95 lakhs; down 6.73% YoY to ₹12,672.49.
• EBITDA: ₹1,681.79 lakhs, up from ₹1,024.19 last year.
• PAT: ₹850.21 lakhs, up 162.65% YoY.
• ROE 19.65% and ROCE 16.16%.
• EPS: basic ₹9.98; diluted ₹9.77.
• Profit includes ₹150 lakhs from an out-of-court fire insurance settlement.

Dividend & capital return

• Final dividend of 7.50% for FY25-26 proposed.
• General Reserve increased by ₹81.18 lakhs.
• No unclaimed dividends; funds transferred to Investor Education and Protection Fund.
• Dividend policy uploaded on the company website.

Operations & strategy

• Solar power project nearing completion; expected energy cost benefits.
• Production capacity expansion planned to meet rising demand.
• Automation initiatives to improve efficiency across operations.
• Focus on Type D Bags and Baffle Liner Bags development.
• Trading division revenue ₹528.73 lakhs; growth 4.42%.

Governance & board

• Shri G.S. Srinivas to retire by rotation; eligible for reappointment.
• Independent directors declared independence; separate meeting held Jan 30, 2026.
• M/s Lakshmmi Subramanian & Associates appointed Secretarial Auditors for 2025-30.
• DPV & Associates appointed Statutory Auditors for 2025-30; remuneration revision proposed.
• Board meetings: 4; Audit Committee: 4; Nomination & Remuneration: 1.

AGM & approvals

• 36th AGM on 30 July 2026 via VC/OAVM.
• E-voting from 9:00 a.m. 27 July to 5:00 p.m. 29 July 2026.
• Register of Members closed 24-30 July 2026.
• Notice and annual report available on company website and stock exchange portals.

Debt & liquidity

• Total borrowings ₹4,055.32 lakhs; net debt ₹3,731.75 lakhs.
• Cash & cash equivalents ₹0.64 lakh; bank balances ₹322.93 lakh; total liquidity ₹323.57 lakh.
• Equity ₹4,773.74 lakh; gearing 0.78x.
• Current ratio 1.35; debt service coverage 3.14.

Segment performance

• Manufacturing revenue ₹11,291.29 lakh; Trading ₹528.73 lakh.
• Segment profit: Manufacturing ₹893.61 lakh; Trading ₹403.48 lakh.
• Total segment profit ₹1,297.09 lakh; PAT ₹835.49 lakh.
• Segment assets: Manufacturing ₹9,116.33 lakh; Trading ₹1,912.41 lakh.

Audit & compliance

• Independent Auditor DPV & Associates; overall unmodified opinion.
• Secretarial Audit: Lakshmmi Subramanian & Associates; no qualifications.
• CSR provisions not applicable for FY25-26; to apply from FY2026-27.

Risks & outlook

• Export exposure affected by US tariffs and West Asia tensions; profitability still improved.
• FIBC market growth to 2031 supported by chemicals, agriculture, and sustainable packaging demand.

AGM Details

• 36th AGM scheduled for 30 July 2026 at 10:30 AM via VC/OAVM.
• Book closure: 24–30 July 2026 inclusive.
• E-voting window: 27 July 2026, 9:00 AM to 29 July 2026, 5:00 PM IST.
• Cut-off date for e-voting: 24 July 2026.
• Notice and Annual Report available on the company website and with BSE.