Kamdhenu Ventures Ltd

AGM notice distribution

• Notice of 7th AGM and FY2025-26 Annual Report will be sent electronically to registered emails.
• Newspaper ads published today in Financial Express and Jansatta.
• Emails must be registered with Company/RTA/Depositories by 28 August 2026.
• Unregistered shareholders should register as instructed in the ads.

AGM Details

• Date and time: 25 September 2026 at 3:30 PM IST.
• Mode: VC/OAVM (video conferencing/other audio-visual means).
• Voting entitlement cut-off: 18 September 2026.
• Notice and annual report emailed to members; hosted on company and exchange websites.
• Remote e-voting period: 22–24 September 2026, 9:00 AM to 5:00 PM IST.
• Notice date for distribution: 28 August 2026 to shareholders.
• Notice and annual report available on kamdhenupaints.com and exchange portals.

Business Overview

• Kamdhenu Ventures owns Kamdhenu Colour and Coatings (Paints subsidiary).
• Kamdhenu Paints is a leading decorative paints brand in India.
• 40+ SKUs across exterior/interior emulsions, primers, wood finishes.
• Sustainability focus: water-based, low-VOC paints and eco-friendly processes.
• Dealer network of 4,460+ with scope for pan-India expansion.
• Growth focus: premiumization, capacity expansion, broader pan-India footprint, institutional urban sales.

Operational Highlights

• Q1 FY27 consolidated revenue Rs 46.3 cr; YoY down 8%.
• Q1 FY27 EBITDA negative; margins weakened year-on-year.
• Operating cash flow Rs 10.9 cr; closing cash Rs 18.6 cr.
• Kamdhenu Colour & Coatings: Q1 FY27 revenue Rs 45.4 cr; PAT Rs -4.4 cr.
• Brand promotions and dealer activities supported by TV campaigns and celebrity tie-ins.
• Key growth initiatives: increased capacity, ERP-driven supply chain, and pan-India expansion.

Financial Performance

• Consolidated P&L shows negative EBITDA and PAT in Q1 FY27.
• Kamdhenu Colour & Coatings shows revenue Rs 45.4 cr; PAT -Rs 4.4 cr in Q1 FY27.
• Cash position strengthened to Rs 18.6 cr (Mar-26) from Rs 5.0 cr (previous).
• Total equity stands at Rs 178.7 cr; borrowings split: current Rs 24.7 cr, non-current Rs 60.0 cr for subsidiary.

Capital Structure & Liquidity

• Kamdhenu Ventures: equity Rs 178.7 cr; borrowings (current) Rs 24.7 cr; (non-current) Rs 2.2 cr.
• Kamdhenu Colour and Coatings: non-current borrowings Rs 60.0 cr; current borrowings Rs 24.7 cr.
• Cash balance improved to Rs 18.6 cr (Mar-26).

Strategic Priorities & Outlook

• Growth priorities: product premiumization, brand investments, increased capacity.
• Expand dealer density and Pan-India presence; urban institutional sales emphasis.
• Contract-manufacturer tie-ups in the South; ERP-enabled IT-aided supply chain.

Risks & Governance

• Macro-economic and industry risks; competition and execution risk; forward-looking statements subject to uncertainties.
• Experienced board: Sunil Kumar Agarwal (Chairman); Saurabh Agarwal (MD); independent directors.

Business Overview

• Kamdhenu Ventures owns Kamdhenu Colour and Coatings, maker of Kamdhenu Paints.
• Paints business focuses on decorative, water-based, low-VOC products.
• 40+ SKUs; premium portfolio with sustainability focus.
• Pan-India strategy with dealer-driven expansion and incentives.

Key Operational Highlights

• Q1 FY27 consolidated revenue 46.3 Cr; YoY -8%.
• EBITDA -2.1 Cr; EBITDA margin -4.4%.
• PAT -4.4 Cr; PBT margin -9.8%.
• Dealer network: 4,460+; significant expansion potential.
• Cash balance improved to 18.6 Cr (Mar-26) from 5.0 Cr.

Financial Performance

• Consolidated equity 178.7 Cr; total assets 286.6 Cr (Mar-26).
• Net cash from operating activities 10.9 Cr; ending cash 18.6 Cr.
• Paints subsidiary: Q1 FY27 revenue 45.4 Cr; PAT -4.4 Cr.
• Paints subsidiary EBITDA margin -4.2%.

Capital Structure & Liquidity

• Current borrowings 24.7 Cr; non-current borrowings 2.2 Cr.
• Lease liabilities: current 2.1 Cr; non-current 5.1 Cr.
• Paints subsidiary cash balance 5.3 Cr (Mar-26).

Strategic Priorities & Outlook

• Growth focus: premiumization, brand investments, capacity expansion.
• Increase dealer density; expand pan-India; boost urban institutional sales.
• South penetration via contract manufacturer; ERP-enabled supply chain.

Risks & Governance

• Macro, market, and competitive risks acknowledged; forward-looking statements disclosed.
• Board: Chairman Sunil K. Agarwal; MD Saurabh Agarwal; independent directors listed.

Results publication

• Extract of unaudited standalone and consolidated results for quarter ended 30 June 2026 published.
• Standalone income from operations: 91.82; Consolidated: 4,629.24 (lakhs).
• Standalone net profit after tax: (12.34) lakhs; Consolidated: (441.34) lakhs.
• Board approved on 13 August 2026; Audit Committee approved; auditors issued unmodified opinion.
• Newspaper ads published on 14 August 2026 in Indian Express, Financial Express, Jansatta.
• Filed with stock exchanges under Regulation 33 of SEBI LODR.
• Full format available on stock exchanges and Kamdhenu's website.
• Paid-up capital: 3,290.00.
• Weighted average shares: 32,90,00,000.
• EPS (quarter): Standalone 0.00; Consolidated (0.13).

Board and governance actions

• Approved standalone and consolidated unaudited financial results for the quarter ended 30 June 2026, with limited review reports.
• Re-appointment of Madhusudan Agarwal as non-executive independent director for a second five-year term (2027–2032), subject to shareholders' approval.
• Re-appointment of Ramesh Chand Surana as non-executive independent director for a second five-year term (2027–2032).
• Resignation of Rohit as Company Secretary & Compliance Officer, effective close of business 13 August 2026.
• Resignation of Rohit from Kamdhenu Colour and Coatings Limited as Company Secretary, effective 13 August 2026.
• Appointment of Ankit as Company Secretary & Compliance Officer and KMP from 14 August 2026.
• Authorized KMPs to determine materiality of events and disclosures to stock exchanges.
• 7th AGM to be convened via video conferencing; date to be notified separately.

Appointment

• Ankit appointed Company Secretary and KMP of Kamdhenu Colour and Coatings Limited (subsidiary).

Effective date

• Board approved on Aug 13, 2026; appointment effective from Aug 14, 2026.

Authority

• Holding company Kamdhenu Ventures Limited recommended the appointment.

Candidate profile

• ACS member; law and commerce degrees; ~9 years post-qualification experience.

Regulatory disclosure

• Disclosures under Regulation 30 SEBI LODR; Annexure-A attached.

Financial results

• Standalone and Consolidated unaudited results for quarter ended 30 June 2026 approved; Limited Review Reports issued.

Independent director re-appointments

• Madhusudan Agarwal re-appointed Non-Executive Independent Director for 2027–2032; subject to AGM Special Resolution.

Independent director re-appointments (cont.)

• Ramesh Chand Surana re-appointed Non-Executive Independent Director for 2027–2032; age 75 during term; subject to AGM.

Resignations of Company Secretary

• Rohit resigns as Company Secretary & Compliance Officer of Kamdhenu Ventures; effective 13 Aug 2026.

Resignation from subsidiary CS

• Rohit resigns as Company Secretary of Kamdhenu Colour & Coatings Limited; effective 13 Aug 2026.

Appointment of CS & KMP

• Ankit appointed Company Secretary & Compliance Officer of Kamdhenu Ventures; KMP; effective 14 Aug 2026.

KMPs authorized for materiality disclosures

• MD Saurabh Agarwal, CFO Vineet Kumar Agarwal, CS Ankit authorized to determine materiality and make disclosures.

AGM timing

• 7th AGM to be convened via Video Conferencing; date/time to be informed separately.

Capital actions in subsidiaries

• Rights Issue in Kamdhenu Colour and Coatings Limited; 3,614 equity shares allotted.

Rights issue financials

• Total consideration approx Rs 1,301.04 Lakhs; subsidiary remains wholly-owned.

Warrants and conversions

• Convertible warrants issued; conversions completed in 2025-26; warrants outstanding as of 30 June 2026.

Auditor remarks

• Statutory auditors' limited review reports on standalone and consolidated results issued with unmodified opinion.