Oriental Aromatics Ltd

AGM details

• AGM held on 18 August 2026 at 11:00 AM via VC/OAVM.
• Record date: 11 August 2026; total shareholders on record: 23,828.
• VC/OAVM attendees: 52; promoters: 4; public: 48.

Key resolutions and outcomes

• All AGM resolutions passed with requisite majority.
• Item 1: Adoption of audited standalone and consolidated financial statements — ordinary.
• Item 2: Dividend of Rs 0.5 per equity share — ordinary.
• Item 3: Re-appointment of Satish Kumar Ray by rotation — ordinary.
• Item 4: Ratification of remuneration payable to Cost Auditors — ordinary.
• Item 5: Appointment of John Fitzgibbon Gloster as Independent Director — special.

AGM Details

• AGM held on 18 August 2026 at 11:00 AM via VC/OAVM.
• Record date for voting fixed as 11 August 2026.

Resolutions & outcomes

• Adoption of audited standalone and consolidated financial statements and reports; ordinary resolution; passed.
• Declaration of dividend per equity share; ordinary resolution; passed.
• Re-appointment of Satish Kumar Ray as director by rotation; ordinary; passed.
• Remuneration of Cost Auditors ratified; ordinary resolution; passed.
• Appointment of John Fitzgibbon Gloster as Independent Director; special resolution; passed.

Voting metrics

• Total shares outstanding: 33,653,576.
• Votes polled: 75.41% of shares.
• In favour: 25,378,308; Against: 4.
• All resolutions passed with minimal opposition.

AGM Details

• AGM held 18 August 2026 at 11:00 a.m. via VC/OAVM; deemed venue: registered office.
• Shareholders on cut-off date: 23,828; attendees: 52 via VC.
• Remote e-voting period: 14–17 August 2026; voting during AGM also.
• Consolidated voting results to be displayed on the company and NSDL websites.

Resolutions

• Adopt standalone and Consolidated Financial Statements for year ended 31 March 2026.
• Declare final dividend of ₹0.50 per equity share for FY 2025-26.
• Appoint Satish Kumar Ray as director, retiring by rotation.
• Ratify remuneration to Cost Auditors M/s V. J. Talati & Co.
• Appoint John Fitzgibbon Gloster as Independent Director.

Voting Status

• Adopt financial statements: outcome not disclosed.
• Dividend: outcome not disclosed.
• Satish Ray re-appointment: outcome not disclosed.
• Cost auditors remuneration: outcome not disclosed.
• Independent Director Gloster: outcome not disclosed.

Dividend

• Board recommended dividend of ₹0.50 per equity share.

Directors & Auditors

• Independent Director appointment proposed: John Fitzgibbon Gloster.
• Cost Auditor remuneration to be ratified.

Other governance notes

• Scrutinizer appointed for voting: Shreyans Jain.
• Meeting concluded at 12:28 p.m.

Meeting Details

• Date: 31 July 2026.
• Type/Mode: Group audio call for institutional investors and analysts.
• Event/Organizer: Institutional Investors/Analysts Call hosted by Oriental Aromatics Limited.
• Purpose: Discuss unaudited Q1 FY2026 results.

Participants

• Chairman & Managing Director participated.

Purpose

• Discuss unaudited quarterly results for quarter ended 30 June 2026.

Additional Notes

• Audio recording of the call is available on the company website.

Business Overview

• Core business: aroma chemicals, camphor, fragrances, and flavours; integrated fragrance and flavour producer.
• Manufacturing footprint across Bareilly, Mahad, Vadodara, and Ambernath.
• R&D centers at Mumbai and Vadodara support innovation and process improvements.
• Strategic aim: global player in specialty aroma chemicals.

Operational Highlights

• Sales volumes increased 22% YoY in Q1 FY27.
• Production volumes grew 18% YoY, aided by capacity utilisation.
• EBITDA margin expanded 71 bps QoQ to 7.62%.
• Net debt-to-equity improved to 0.56x as of June 30, 2026.
• Healthy capacity utilisation across portfolio.

Financial Performance

• Total operational income for Q1 FY27: INR 2,598 mn.
• EBITDA: INR 198 mn; margin 7.62%.
• PAT: INR 25 mn; PAT margin 0.96%.
• EPS (diluted): INR 0.75.
• YoY revenue growth 15.2%.

Capital Structure & Liquidity

• Market cap around INR 10,401 mn as of 30 Jun 2026.
• Listed on NSE and BSE.

Strategic Priorities & Outlook

• Aims to become a global specialist in aroma chemicals.
• Positioning as a one-stop provider for flavours and fragrances.
• Invests in R&D and process improvements.
• R&D centers: Mumbai and Vadodara.

Risks & Mitigation

• Risks include raw material costs and macro demand fluctuations.
• Forward-looking statements subject to economic and market uncertainties.

Governance & Leadership

• Chairman and Managing Director: Dharmil A. Bodani.

Appointment: VP Sales Fragrance

• Appointment of Mr. Nitin Budhavalekar as Vice President – Sales (Fragrance) effective 01 August 2026.
• Term not applicable since he is a full-time employee.
• Profile: 16+ years in fragrance and aroma chemicals, driving strategic sales.
• Reason: approved by Board on Nomination and Remuneration Committee recommendation.
• Disclosure: Not Applicable for related-party relationships with other directors.

Standalone results

• Standalone revenue from operations ₹25,670.56 lakh; total income ₹25,766.84 lakh.
• Standalone net profit ₹815.32 lakh; Basic & Diluted EPS ₹2.42.
• Standalone total expenses ₹24,675.85 lakh; PBT ₹1,090.99 lakh.
• Standalone current tax ₹277.86 lakh; deferred tax ₹(2.19) lakh.

Consolidated results

• Consolidated total income ₹26,081.08 lakh; revenue from operations ₹25,981.20 lakh.
• Consolidated net profit ₹251.42 lakh; Basic & Diluted EPS ₹0.75.
• Consolidated PBT ₹527.09 lakh; tax current ₹277.86 lakh; deferred ₹(102.76) lakh; earlier-year ₹32.23 lakh.

Management actions & disclosures

• Board approved appointment of Mr. Nitin Bhuduvalekar as Vice President – Sales Fragrance, effective 30 Jul 2026.
• Annexure-A discloses Regulation 30 details; appointment date 01 August 2026.
• Auditors' review reports issued with unmodified conclusion on standalone and consolidated results.
• Group has a single reportable segment: Fine Chemicals.

Financial results approved

• Unaudited standalone and consolidated Q1 FY27 results approved; Limited Review Reports attached.

Executive appointment

• Mr. Nitin Budhavalekar/Bhuduvalekar appointed Vice President Sales Fragrance, effective 30 July 2026.

Audit and regulatory notes

• Audit Committee and Board approved results; auditors issued unmodified review.

Group structure and segment

• Consolidated results include Oriental Aromatics & Sons Limited (India) and PT Oriental Aromatics (Indonesia).

Meeting Details

• Date and time: Friday, 31 July 2026 at 2:30 PM IST.
• Type and mode: group meeting conducted virtually via conference call.
• Organizer/conference: Valorem Advisors; investor call for Oriental Aromatics Ltd.
• Company participants: MD & Chair, Executive Director, CEO, CFO, Company Secretary.
• Purpose: discuss Q1-FY27 earnings and quarterly financial performance.