Naperol Investments Ltd

AGM notice and compliance

• 72nd AGM scheduled for September 16, 2026 at 2:00 PM IST via VC/OAVM.
• Web-link to Annual Report for FY 2025-26 provided on company site and notices.
• Notice clarifies email address update for members without registered emails.
• Advises update of KYC details and dematerialisation of physical securities per SEBI circular.
• Company name referenced as Naperol Investments Limited (formerly National Peroxide Limited).
• No governance changes disclosed; ongoing compliance material to shareholder communications.

Financial highlights

• Revenue FY2025-26: ₹2,679.75 lakhs.
• EBITDA ₹1,111.41 lakhs; margin 41.47%.
• PAT ₹1,068.91 lakhs; PAT margin 39.88%.
• Net worth ₹91,691.79 lakhs; long-term debt nil.
• Total assets ₹91,966.82 lakhs; equity ₹91,691.79 lakhs.
• Interim dividend ₹3.00 per share; final ₹16.48 per share.
• Record date 9 Sep 2026; payment on/after 20 Sep 2026.
• Segment revenue: Investment ₹1,307.52; Trading ₹1,364.85.

Business model & strategy

• Composite Scheme restructured; chemical business moved to National Peroxide Limited.
• Naperol focused on investment, trading, leasing activities.
• Trading expanded into basic and specialty chemicals.

Dividends & capital allocation

• Interim dividend ₹3.00 per share; outflow ₹172.41 lakhs.
• Final dividend ₹16.48 per share; subject to AGM approval.
• Record date 9 Sep 2026; payment on/after 20 Sep 2026.

Governance & management

• Board of 6 directors; 3 non-exec, 3 independent; one woman independent.
• Five board meetings in FY2025-26; max gap 120 days.
• KMP changes: CS Akshay Satasiya resigned; Chirag Kothari resigned; Jui Masurkar appointed CS; Deepak Kumar CFO.
• 72nd AGM on 16 Sep 2026; governance committees in place.

Audit & internal controls

• Statutory auditors: Kalyaniwalla & Mistry LLP; Internal: PKF Sridhar & Santhanam LLP; Secretarial: Parikh & Associates.
• Statutory audit reports unqualified; internal controls adequate and operating.
• Secretarial audit: no qualifications; compliance with SEBI LODR.

Segment & KPIs

• Investment revenue ₹1,307.52 lakhs; Trading revenue ₹1,364.85 lakhs.
• Total segment revenue ₹2,672.37 lakhs; Profit before tax ₹1,361.46 lakhs.
• Segment assets: Investment ₹89,909.55; Trading ₹1,274.36; Unallocable ₹782.91.

Related party transactions & risk

• Related party transactions are at arm's length; quarterly Audit Committee reviews.
• Material related parties include The Bombay Burmah Trading Corporation, National Peroxide, Nowrosjee Wadia group.
• Risk management framework covers liquidity, market, and credit risk.

Outlook

• MD&A notes earnings recovery expected; domestic demand supportive.
• Global uncertainty persists; India growth remains positive with infrastructure support.

Dematerialisation status

• Securities received for dematerialisation were confirmed to the depositories (accepted/rejected).
• Securities dematerialised have been listed on the stock exchanges where earlier issuances are listed.
• Security certificates received for dematerialisation were mutilated and cancelled after verification; depository's name substituted.

Financial Performance 📊

• Total income for Q3 FY26 was ₹727.44 lakh, up from ₹339.95 lakh in Q3 FY25.
• Revenue from operations for Q3 FY26 stood at ₹718.89 lakh versus ₹339.95 lakh in Q3 FY25.
• Profit before tax for Q3 FY26 was ₹4.14 lakh, compared to a loss of ₹34.16 lakh in Q3 FY25.
• Profit after tax for Q3 FY26 was ₹2.15 lakh, improving from a loss of ₹12.48 lakh in Q3 FY25.
• Basic and diluted EPS for Q3 FY26 was ₹0.04, versus a loss per share of ₹0.92 in Q3 FY25.
• Exceptional item of ₹0.41 lakh recognized due to actuarial valuation under new Social Security Code.

Segment Performance

• Q3 FY26 segment revenue: Investment ₹139.05 lakh, Trading ₹294.00 lakh.
• Q3 FY26 segment profit before tax: Investment ₹26.67 lakh, Trading ₹176.74 lakh.
• Segment assets as of Dec 31, 2025: Investment ₹1,27,786.13 lakh, Trading ₹319.79 lakh.
• Segment liabilities as of Dec 31, 2025: Investment ₹4,117.96 lakh, Trading ₹28.37 lakh.

Corporate & Compliance

• Statutory auditors issued an unmodified limited review report on Q3 and 9M FY26 results.
• Board approved Q3 and 9M FY26 unaudited results on February 6, 2026.

Business Model

• Company operates in two segments: Investment and Trading.

Financial Performance

• Board approved unaudited standalone financial results for quarter and nine months ended December 31, 2025.
• Total income for nine months ended December 31, 2025 was ₹2,013.92 lakhs; expenses were ₹1,171.98 lakhs.
• Profit before tax was ₹105.99 lakhs; profit after tax was ₹74.73 lakhs for the nine months period.
• Earnings per share (basic and diluted) for nine months ended December 31, 2025 was ₹1.30.
• Other comprehensive income for nine months ended December 31, 2025 was ₹6,317.63 lakhs; total comprehensive income ₹6,258.23 lakhs.
• Segment revenue for nine months ended December 31, 2025 comprised ₹1,957.15 lakhs from investment and ₹294.00 lakhs from trading.

Audit and Compliance ️

• Limited review report issued with unmodified conclusion by statutory auditors for the quarter and nine months ended December 31, 2025.
• Exceptional item recognized due to actuarial valuation of past service costs following Social Security Code, 2020 implementation.

Governance and Board Decisions

• Board meeting held on February 6, 2026; results reviewed and recommended by Audit Committee.
• No changes in directors, auditors, or key management personnel reported.
• No dividend declaration, capital raising, buyback, or major investment/disposal decisions disclosed.