Lakshmi Engineering And Warehousing Ltd

AGM Details

• Date and time: 10 August 2026, 10:15 AM.
• Mode: VC/OAVM for the AGM.
• Remote e-voting available 7–9 August 2026.
• e-voting cut-off date: 3 August 2026.
• Scrutinizer report dated 10 August 2026; results announced 11 August 2026.

Key Resolutions and Outcomes

• Ordinary: adopt Audited Financial Statements; Passed.
• Ordinary: declare dividend for year ended 31 March 2026; Passed.
• Ordinary: appoint Sri R. Santharam; reappointed.
• Ordinary: appoint Sri N. Jayachandar; reappointed.
• Special: reappoint Pradip Roy as Non-Executive Independent Director for a second term.

Dividend

• Dividend declared for year ended 31 March 2026; amount per share not disclosed.

Directors

• Sri R. Santharam reappointed; retires by rotation.
• Sri N. Jayachandar reappointed; retires by rotation.
• Pradip Roy reappointed as Non-Executive Independent Director for second term.

Auditors

• No change in statutory auditor or related appointments.

Material Related Party Transactions

• No material related party transactions disclosed.

Other Approvals

• No other material approvals disclosed.

AGM Details

• Held on 10 August 2026 at 10:15 AM via VC/OAVM.
• Remote e-voting from 07 Aug 2026 09:00 to 09 Aug 2026 17:00; on-site voting at end.
• Notice and Annual Report emailed and accessible on company and BSE websites.
• Quorum: 46 shareholders via VC, holding 3,64,791 shares; meeting ends 10:45 AM.

Ordinary resolutions

• Adopt audited financial statements for year ended 31 March 2026.
• Declare dividend of Rs 10 per equity share (10%), subject to approval.
• Reappoint R. Santharam, retiring by rotation.
• Reappoint N. Jayachandar, retiring by rotation.

Special resolutions

• Reappoint Pradip Roy as Independent Director for a second five-year term.

Voting and results

• Results to be announced after scrutiny report, by 12 August 2026.

Financial highlights

• Total income for quarter ended 30 Jun 2026: 428.02 lakhs; YoY growth ~25%.
• PBT 89.64 lakhs; tax 29.28; PAT 60.37; EPS 9.03 for Q1 FY2026.
• Segment revenue: Warehousing Rental 273.78; Engineering Services 144.16; Unallocated 10.08; Total 428.02.
• Segment profit: Warehousing Rental 128.71; Engineering Services -9.11; Total 119.60.
• Other comprehensive income 0.41; Total comprehensive income 60.68 for the quarter.

Segment performance

• Warehousing: revenue 273.78; profit 128.71; assets 3,535.70; liabilities 1,599.30.
• Engineering: revenue 144.16; profit -9.11; assets 490.97; liabilities 62.85.
• Total segment profit before inter-segment adjustments 119.60; finance costs 29.46; other income net -0.50.

Balance sheet & capital employed

• Total assets 4,163.39; segment assets total 4,163.39.
• Total liabilities 1,826.00; capital employed 2,337.39.

Operational notes

• Standalone unaudited results; board approved on 10 Aug 2026; limited review by statutory auditors.

Meeting Details

• Board meeting scheduled for 10 August 2026; time and venue not disclosed.

Key Agenda Items

• Consider unaudited financial results for quarter ended 30-06-2026.

Other Notes

• Intimation to BSE issued; time and venue not disclosed.

AGM and compliance updates

• AGM 52nd scheduled for 10 August 2026 at 10:15 IST via VC/OAVM.
• Annual Report 2025-26 to be accessed online at the company website.
• Web-link with detailed Annual Report path will be sent to members with unregistered email by 15 July 2026.
• KYC updates required for physical holders under SEBI Circular 2024.
• Nomination and KYC formats ISR-1, ISR-2, ISR-3, SH-13, SH-14 available on the website.
• Physical folios lacking PAN or contact details will receive payments only electronically from April 1, 2024.
• Registrar and Transfer Agent: MUFG Intime India Private Limited (formerly Link Intime India Private Limited).
• Investor relations contact: secretarial@lakshmiew.com; +91 422-2245484.
• Email updates are optional but help receive online services and important communications.

AGM Details

• Date and time: 10 August 2026 at 10:15 AM.
• Mode: VC/OAVM.
• Register of Members and Share Transfer Books closure: 4 Aug 2026 to 10 Aug 2026 (inclusive).

Key Resolutions

• Ordinary: Adopt Audited Financial Statements for year ended 31 March 2026.
• Ordinary: Dividend for the year ended 31 March 2026.
• Ordinary: Reappointment of Sri R. Santharam by rotation.
• Ordinary: Reappointment of Sri N. Jayachandar by rotation.
• Special: Reappointment of Sri Pradip Roy as Non-Executive Independent Director for second five-year term.

Voting Results

• Voting results not disclosed in the filing.

Dividend

• Dividend for the year ended 31 March 2026 to be declared at AGM.

Directors

• R. Santharam: Reappointed by rotation; remuneration Nil; last sitting fees ₹55,000 (FY2025-26).
• N. Jayachandar: Reappointed by rotation; remuneration Nil; last sitting fees ₹95,000 (FY2025-26).
• Pradip Roy: Reappointed as Non-Executive Independent Director for second five-year term.

Meeting Details

• Board Meeting filing for Lakshmi Engineering And Warehousing Ltd is disclosed.

Financial performance

• Revenue from operations: 1,568.25 Lakhs, up from 1,402.26.
• Net profit after tax: 167.39 Lakhs; total comprehensive income: 168.61.
• Basic EPS: ₹25.03; shares: 6,68,750.
• Proposed dividend: ₹10 per share; total payout 66.87 Lakhs.
• Cash flows: operating 406.82; investing -217.21; financing -191.37.
• Total assets: 4,115.47 Lakhs; total equity: 2,276.71.
• Warehousing revenue: 1,024.83 Lakhs; Engineering Services: 487.38 Lakhs.

Segments and operations

• Warehousing revenue 1,024.83; Engineering Services 487.38; Unallocated 56.04.
• Total income: 1,568.25 Lakhs.
• Warehousing segment profit 469.23; Engineering loss -111.16; total 358.07.
• Warehousing space fully occupied; 40,770 sq ft added; leased from 1-Jun-2025.
• Outlook: phased warehousing expansion; orders for Engineering in 2026-27.

Capital structure

• Equity capital: 668.75; reserves: 1,607.96; total equity: 2,276.71.
• Borrowings: non-current 376.23; current 545.72; total 921.95.
• Lease liabilities: non-current 68.14; current 20.34; total 88.48.
• Gearing ratio: 10.92%.

Dividends

• Equity capital unchanged at 668.75 Lakhs.
• No bonus shares issued in last five years.

Governance and risk management

• Audit Committee reconstituted to five members; 3 Independent, 2 Non-Executive.
• Four Audit Committee meetings conducted in FY2025-26.
• Secretarial audit MR-3; no qualifications.
• Internal financial controls adequate; no material weakness observed.
• Related party transactions at arm's length; RPT policy on company website.

Assets and investments

• Investment property fair value: 16,210.78 Lakhs.
• Net carrying amount of investment property: 2,524.25 Lakhs.
• Right-of-use assets (net): 79.15 Lakhs.

Outlook and strategy

• Outlook: warehousing expansion; orders from Engineering in 2026-27.
• ESG considerations acknowledged; CSR not applicable.
• Regulatory: listing fees paid; no major regulatory issues.

Dematerialisation processing status

• Securities received for dematerialisation were mutilated and cancelled after due verification.
• The depository name was substituted as registered owner within 15 days.
• Dematerialised securities are listed on the stock exchange(s) where earlier listed.
• Details of dematerialisation/rematerialisation were furnished to the stock exchanges.

Independent director re-appointment

• Sri Pradip Roy re-appointed as Non-Executive Independent Director for five years.
• Effective from conclusion of the 52nd AGM on 10 August 2026.
• Term runs until the 57th AGM or five years, whichever is earlier.
• Reason: first five-year term expires on 10 August 2026.
• Profile: Business Head, Textile Machinery Division, Universal MEP Projects & Engineering Services Ltd.
• No relationships with other directors disclosed.

Audit committee

• Board reconstituted Audit Committee by co-opting Sri N. Jayachandar as additional member.
• Role: Non-Independent Non-Executive Director.
• Change effective at the 29 May 2026 board meeting.