Pradeep Metals Ltd

Dematerialisation status and listing

• Securities received for dematerialisation during quarter ended 30 September 2026 were confirmed to the depositories.
• Securities dematerialised have been listed on the stock exchanges where the earlier issues are listed.
• Physical certificates were mutilated and cancelled after verification; depository name substituted as registered owner within timelines.

Pradeep Metals Ltd — Trading Window Closure

Director re-appointments

• Re-appointment of Dr. Kewal Krishan Nohria as Non-Executive Director; not related to other directors; Aug 7, 2026.
• Re-appointment as Chairman & Managing Director; three-year term from Dec 17, 2026; promoter; husband of Neeru Goyal.

AGM Details

• AGM held on 7 August 2026 at 3:00 PM via Video Conferencing/OAVM.
• Record date for e-voting: 31 July 2026.
• Total shareholders on record: 6,691; 78 attended via VC (3 Promoter Group, 75 Public).
• Five resolutions were placed; all passed.

Key Resolutions

• Adopt standalone and consolidated financial statements for FY 2026.
• Declare dividend on equity shares for FY 2026.
• Appoint Kewal Krishan Nohria as Director by rotation.
• Re-appoint Pradeep Goyal as Chairman and Managing Director for three years.
• Approve remuneration of Cost Auditors for FY 2027.

Voting Results

• Resolution 1 passed with 100% of valid votes.
• Resolution 2 passed with 100% of valid votes.
• Resolution 3 passed with 100% of valid votes.
• Resolution 4 passed with 100% of valid votes.
• Resolution 5 passed with 100% of valid votes.

Director Changes

• Kewal Krishan Nohria re-appointed as Director by rotation, age 75.
• Pradeep Goyal re-appointed as Chairman and Managing Director for 3-year term.

Auditor Engagement

• Remuneration of Cost Auditors approved for FY 2027.

FY2025-26 financial highlights

• Total income for FY2025-26 was ₹33,030 lakh.
• EBITDA margin stood at 15.12%.
• Profit after tax (PAT) was ₹2,532 lakh.
• Earnings per share (EPS) ₹14.67.

Nagpur greenfield facility plan

AGM remarks and strategic updates

• AGM reaffirmed commitment to technology-led growth and sustainability.
• Management highlighted disciplined capital allocation as value foundation.

AGM Details

• Held on August 7, 2026 at 3:00 PM IST via VC/OAVM.
• Duration 3:00 PM to 3:55 PM IST; 78 members attended.

Key Resolutions

• Adopt standalone and consolidated financial statements for FY ended March 31, 2026.
• Declare dividend on equity shares for the FY ended March 31, 2026.
• Appoint Dr. Kewal Krishan Nohria for reappointment after retirement by rotation.
• Re-appoint Mr. Pradeep Goyal as Chairman and MD for three years and continue after age 70.
• Approve remuneration of Cost Auditors for FY 2027.

Voting Status

• Outcomes not disclosed; deemed passed subject to requisite votes.

Dividend Details

• Dividend on equity shares proposed.

Financial results

• Standalone revenue from operations: Rs 9,002.08 Lakhs; YoY growth ≈ 22.7%.
• Consolidated net sales from operations: Rs 9,370.66 Lakhs; YoY growth ≈ 20.9%.
• Standalone PAT: Rs 618.29 Lakhs; Consolidated PAT: Rs 835.34 Lakhs.
• Standalone EPS: Rs 3.58; Consolidated Basic EPS: Rs 4.84; Diluted EPS: Rs 5.98.
• PBT: Standalone Rs 844.86 Lakhs; Consolidated Rs 1,069.16 Lakhs.
• Greenfield project at Butibori, Nagpur: estimated investment Rs 25,000 Lakhs; advance paid Rs 2,858.82 Lakhs.
• Amalgamation with NCPL: First Motion Order 8-Apr-2026; equity meeting 12-Jun-2026; sanction awaited.
• Auditors' review: Standalone and consolidated results reviewed; no material misstatement observed.

Financials at a glance

• Total income Rs 33,030.79 Lakhs for FY2025-26.
• EBITDA margin 15.03%.
• PAT Rs 2,532.74 Lakhs.
• EPS Rs 14.67.
• ROCE 17.31%.
• RoNW 16.67%.
• Net worth Rs 16,236.09 Lakhs.
• Net debt Rs 6,741.61 Lakhs.
• CFO Rs 3,015.46 Lakhs.
• Final dividend proposed: 25% (Rs 2.50 per share).
• Dividend payout: Rs 431.75 Lakhs.

Strategic initiatives & capex

• Board approved up to Rs 250 Cr for mega greenfield facility at Butibori.
• Facility will have 3 MW rooftop and 4 MW ground solar.
• 600 kW rooftop solar at existing factory; payback ~4 years.

ESG & sustainability

• 100% energy from renewables; 8.5 million kWh annually.
• Scope 2 zero emissions achieved in 2024; Net Zero by 2045.
• Bronze ECOVADIS Medal 2025; 61st percentile globally.

Operations & capabilities

• Forging capacity 13,000 MT; 65% utilization.
• Exports growth 48% YoY.
• 300+ new products developed in 12 months.

Governance & risk

• Board of eight directors; mix of executive, independent; one woman on board.
• CSR Committee formed after CSR spend exceeded Rs 50 Lakhs.
• Statutory audit by KKC & Associates LLP; Secretarial by Shweta Gokarn.

Dividends & AGM

• 43rd AGM on 7 Aug 2026 via VC/OAVM.
• Final dividend 25% (Rs 2.50 per equity share).

Subsidiaries & corporate actions

• WOS: Pradeep Metals Limited Inc., Houston; SDS: Dimensional Machine Works LLC.
• Scheme of Amalgamation with NCPL approved; NCLT order 8-Apr-2026; meeting 12 Jun 2026.

Outlook & risks

• Defence export opportunities; robust domestic demand.
• Risks include tariffs, import competition, currency volatility.
• Focus on efficiency, cost reduction, and waste minimization.