Orbit Exports Ltd

AGM Details

• AGM conducted via VC/OAVM from 5:00 PM to 5:31 PM IST.
• Record date announced to determine voting rights.

Key Resolutions

• Adoption of financial statements approved.
• Re-appointment of executive director by rotation approved.
• Remuneration of cost auditor for the year ratified.
• Approval of material related party transactions with a related party.
• Aggregate remuneration payable to executive directors and promoter group approved.

Voting Results

• All resolutions passed by the required majority.
• No significant dissent observed.

Dividend

• Dividend was not proposed or declared.

Director Changes

• Executive director re-appointment approved by rotation.

Auditor & Remuneration

• Cost auditor remuneration ratified; no change in statutory auditor.

Material Related Party Transactions

• Material related party transaction approved with promoter group entity.

Other Material Approvals

• No other material approvals disclosed.

AGM Details

• AGM held on 29 September 2026 at 05:00 PM IST via VC/OAVM.
• Remote e-voting: 24 September 2026 to 28 September 2026.
• Venue deemed at registered office; meeting 05:00–05:31 PM IST.

Resolutions

• Adoption of Financial Statements — Ordinary.
• Re-appointment of Anisha Seth as Executive Director (liable to rotate) — Ordinary.
• Ratification of remuneration of Cost Auditor for FY 2026-27 — Ordinary.
• Material Related Party Transaction with Rainbow Line Trading L.L.C (Dubai) — Ordinary.
• Special Resolution: aggregate remuneration to promoter-group Executive Directors; approvals for FY ending 31 Mar 2026 and tenure.

Voting & Scrutiny

• Voting results to be declared within two working days; Scrutinizer appointed.
• Proxies not available due to VC/OAVM format.
• e-voting remained open for 15 minutes after conclusion.

Orbit Exports Ltd: Trading Window closed from October 01, 2026 till 48 hours after the declaration of unaudited financial results for the quarter and six months ended September 30, 2026

Business overview

• Orbit Exports manufactures value-added fabrics, including jacquards and fashion textiles.
• Serves apparel, home-furnishings, and occasion fabrics markets globally.

Operational highlights

• Q1 FY2026-27 revenue from operations rose 19.3% YoY to ₹7,515.15 Lakhs.
• EBITDA from operations rose 38% YoY to ₹2,679 Lakhs.
• Net Profit After Tax rose 75.8% YoY to ₹2,506.10 Lakhs.
• Basic EPS rose to ₹9.45 per share.
• Finance costs declined 16.1% YoY to ₹37.70 Lakhs.
• Interim dividend of ₹0.50 per share.
• Post-quarter buyback up to 11.04 lakh shares at ₹250 per share.

Financial performance

• Standalone revenue from operations: ₹7,515.15 Lakhs.
• Total Income: ₹8,734.36 Lakhs; Total Expenses: ₹5,515.52 Lakhs.
• PBT: ₹3,218.84 Lakhs; PAT: ₹2,506.10 Lakhs.
• EPS: ₹9.45.

Capital structure & liquidity

• Finance costs declined; balance sheet efficiency improving.
• Buyback reduces share count.

Outlook & risks

• US tariff relief improves order visibility for Indian exporters.
• India-UK FTA could expand preferential access over time.
• Middle East crisis weighs on logistics; volumes in the region remain volatile.

Dividend details

• Dividend type: 1st Interim Dividend.
• Dividend amount: Rs 0.50 per equity share (face value Rs 10).
• Record date: 31 August 2026.
• Financial year: 2026-27.
• Payment to be made per Companies Act provisions.
• Share type: equity shares.