Monarch Surveyors and Engineering Consultants Ltd

AGM & Dividend Update

• 27th AGM scheduled for 16 September 2026 at 03:00 PM IST via VC/OAVM.
• Annual Report FY2025-26 and AGM Notice accessible via web-link and QR code.
• Board recommends final dividend of Rs 1.60 per equity share (16%).
• Dividend, if declared, will be paid within 30 days of declaration.
• Record date for final dividend: 3 June 2026.
• E-voting window: 13 Sep 2026 9:00 AM to 15 Sep 2026 5:00 PM; cut-off: 9 Sep 2026.
• Shareholders should ensure registered email and KYC details with RTA/DP.

Award details

• Awarding entity: Fursungi-Uruli Devachi Nagar Parishad.
• Scope: Appointment of Agencies for GIS base maps, ELU, and GIS-based Development Plans.
• Contract value: Rs 1.68 crore.
• Nature: Domestic awarding entity.
• Timeframe: Work to commence immediately; completion as per contract terms.
• Payment terms: Cash consideration.
• Related party: No related party or promoter interest.
• Approvals: Government approvals required.

AGM & Dividend Update

• Notice of 27th AGM and FY2025-26 Annual Report accessible via web-link and QR code.
• AGM scheduled for September 16, 2026, at 03:00 P.M. IST via VC/OAVM.
• Final dividend recommended: Rs 1.60 per equity share (16%).
• Dividend, if approved at AGM, will be paid within 30 days of declaration.
• E-voting window from Sept 13 to Sept 15, 2026, with a cut-off Sept 9, 2026.
• Record date for final dividend fixed as July 3, 2026.
• Annual Report and AGM notice available on BSE and NSDL platforms.
• Shareholders encouraged to receive communications electronically and ensure KYC/demat details are up to date.

Financial performance

• Revenue grew 11.39% to ₹17,169 lakh.
• EBITDA ₹5,100 lakh; margin near 30%.
• PAT ₹3,723 lakh; growth ~6.9%.
• Order book at ₹61,500 lakh; 130+ projects.
• EPS Basic ₹26.30; Diluted ₹28.85.
• Cash and equivalents ₹2,844.8 lakh; debt-equity 0.21.
• Revenue mix shifting to high-margin platform services.

Capital structure & liquidity

• IPO raised ₹93.75 crore; listed July 29, 2025 on BSE SME.
• IPO utilised ₹2,732 lakh; ₹66.43 crore unutilised in fixed deposits.
• Unutilised IPO funds to support tech, working capital, and selective acquisitions.
• Balance sheet strengthened; liquidity supports technology investment.

Strategic developments & expansion

• Acquired GMR Engineering Services for AUD 1.81 million.
• Australian entry provides local delivery and panel relationships.
• GMR brand preserved; selective capability transfer planned.
• FY26: 710+ employees; 800+ projects; 11% revenue growth.

Operations & segments

• Transportation ~48% of active order book; rails and highways core.
• Water and GIS segments expanding; higher-margin advisory services growing.
• Geospatial division now standalone; web-based GIS/BIM outputs.
• 130+ active assignments; international work in Afghanistan and Sri Lanka.
• Own LiDAR and drone fleets; faster turnaround; margins improving.
• Headcount up 18%; 12,000 training hours in FY26.

Governance & controls

• Listed on BSE SME; governance strengthened; independent directors added.
• IFC unmodified; ERP rollout planned to boost controls.
• Audit Committee oversight; regular risk reviews initiated.
• Noted compliance observations addressed: trading window closure, Regulation 30(5) disclosures, MGT-14 filed.

CSR & ESG

• CSR spend ₹66.00 lakh; 2% of average net profit baseline ₹64.80 lakh.
• Contributions to Ifellow Foundation (₹55 lakh), NAAM Foundation (₹6 lakh), Bahujan Bahuuddesiya (₹5 lakh).
• CSR committee met twice; policy and disclosures published on monarchltd.com.
• Total CSR expenditure complies with Section 135; no shortfall.

Risks & outlook

• Maharashtra revenue concentration ~90%; geographic diversification planned.
• Land acquisition delays and regulatory approvals remain key risks.
• Milestone-based billing pressures working capital; debtor days ~113.
• FY27: sustain multi-year capex demand; scale via technology; selective acquisitions.

Management changes

• CFO Supriya S. Chougule resigned Feb 4, 2026.
• Sanjay Premkumar Kandhari appointed CFO Feb 6, 2026.
• Secretarial Auditor to be replaced by M/s KJL & Associates for FY2026-31.

Secretarial Auditor appointment

• Appointed Secretarial Auditor: M/s KJL & Associates for FY 2026-27 to 2030-31, subject to member approval.

Internal Auditor reappointment

• Reappointed Internal Auditor: Mr Anuj Shashikumar Bajoria for FY 2026-27.

Whole-time Director redesignation

• Re-designated Mrs. Usha Sunil Kokare from Executive Director to Whole-time Director for five years, subject to member approval.

Order details

• Awarding entity: Office of the District Superintendent of Land Records, Government of Maharashtra, Amravati.
• Scope: Provide 50 licensed surveyors for Amravati district.
• Contract value: Rs 4,38,90,000; cash consideration.
• Origin: Domestic order; governed by government authorities.
• Commencement: work to begin immediately; completion per contract terms.
• Related party: Not a related party; no promoter interest.

Website domain change

• Change in official domain from www.monarchconsultants.in to www.monarchltd.com effective August 17, 2026.
• New site is functional and contains required disclosures under SEBI LODR and applicable laws.
• Company to update website address across records, communications, stationery, and investor materials.
• Regulatory compliance per Regulation 46 LODR confirmed.

Award details

• Awarding entity: Central Railway for Bhusawal–Badnera 218 km project.
• Scope: Facilitation for CALA and forest-diversion proposals, including forest clearances and tree permissions.
• Contract value: Rs 29,043,688.21.
• Domestic entity.
• Commencement: Immediate; completion per contract terms.
• Related party status: No related party or promoter interest; arm's-length.