Radix Industries (India) Ltd

Radix Industries (India) Limited — Trading window closed from 1 October 2026 till 48 hours after the Board Meeting to approve unaudited financial results for the quarter and half year ended 30 September 2026.

AGM Details

• AGM held on 23 September 2026 at 11:00 AM via VC/OAVM.
• Remote e-voting open 20 September 2026 09:00 to 22 September 2026 17:00.
• E-voting at AGM remained open until 15 minutes after conclusion.
• Scrutinizer: Mohit Gurjar, Practising Company Secretary.

Key Resolutions

• Resolution 1: Adopted Audited Balance Sheet, P&L, Cash Flow, and reports.
• Resolution 2: Declared dividend of Rs 0.50 per equity share.
• Resolution 3: Reappointment of director retiring by rotation.

Voting Results

• All resolutions passed with requisite majority.
• Resolution 1 approved; one vote against.
• Resolution 2 approved; promoter group voted in favour; minor opposition.
• Resolution 3 approved; director reappointment confirmed.
• Shareholder turnout polled: 38.28% of outstanding shares.

Dividend

• Dividend per share: Rs 0.50 for FY 2025-26.

Director Changes

• Reappointment of Sri G. Ganapathi Rama Prabhakara Raju approved.

Financial highlights

• Total income for 2025-26: Rs 5140.96 Lakhs.
• Revenue from operations: Rs 5051.70 Lakhs.
• Total expenses: Rs 4712.52 Lakhs.
• Profit before tax: Rs 428.44 Lakhs.
• Profit after tax: Rs 319.70 Lakhs.
• Earnings per share: Rs 2.13.
• Dividend proposed: final Rs 0.50 per share.
• Balance carried forward: Rs 724.94 Lakhs.

Operations and segment

• Hair products segment revenue: Rs 5,140.96 Lakhs.
• Domestic sales: Rs 4,129.31 Lakhs; Export: Rs 911.05 Lakhs.
• Net profit after tax for the segment: Rs 319.70 Lakhs.

Dividend and capital allocation

• Final dividend for FY25-26: Rs 0.50 per share.
• Dividend payable within 30 days of AGM, subject to approval.
• Dividend distribution tax not applicable.

Capital structure and liquidity

• Lease liabilities: non-current Rs 18.83 Lakhs; current Rs 3.39 Lakhs.
• Total lease liabilities: Rs 22.22 Lakhs.
• Export Packing Credit facility: Rs 875.00 Lakhs; no outstanding balance at year-end.
• Cash and cash equivalents: Rs 1245.63 Lakhs.
• Share capital: Rs 1500.72 Lakhs; total equity: Rs 2329.49 Lakhs.

Governance and board

• Board size: six directors; 50% independent.
• Independent director Rama Krishna Chilukuri appointed 13.09.2025.
• Board meetings: five in FY2025-26.
• Statutory auditors: Brahmayya & Co; Internal auditors: Papolu Anjaneyulu.
• Secretarial auditors: P. S. Rao & Associates.

Related party and compliance

• Related party leases: Diamond Drop Property Holdings Rs 4.62 Lakhs.
• MD remuneration: Rs 12.00 Lakhs; other KMP remuneration Rs 1.24–2.80 Lakhs.
• Promoter shareholding: 61.62% as at 31.03.2026.

Outlook and risks

• Global hair wigs market growth; 2026 size USD 16.4B; CAGR ~9.6%.
• Asia-Pacific fastest-growing region; human hair dominant product type.
• Risks: competition from synthetic wigs; reliance on overseas markets.

Compliance and governance notes

• Company complies with SEBI LODR and SS-1/SS-2 standards; no material non-compliances.
• Maternity benefits, anti-sexual harassment policy in place; ICC constituted.
• Green initiative: annual report and notices sent electronically where possible.

AGM Details

• AGM date/time: 23 September 2026 at 11:00 IST via VC/OAVM.
• Mode: VC/OAVM; no physical venue.
• Voting cut-off date: 16 September 2026.
• Register of Members/Transfer Books closed: 17–23 September 2026.
• Dividend record date: 16 September 2026; payable after 23 September 2026 if declared.

Key Resolutions

• Adopt Audited financial statements, boards' report, and auditors' report for year ended 31 March 2026. (Ordinary)
• Declare dividend of Rs 0.50 per equity share for 2025-26. (Ordinary)
• Re-appoint director retiring by rotation: G. Ganapathi Rama Prabhakara Raju. (Ordinary)

Financial results

• Unaudited quarterly results for quarter ended 30 June 2026 approved.
• Total Income: Rs 337.83 lakh; Net profit after tax: Rs 35.63 lakh.
• Basic and diluted earnings per share: Rs 0.24.
• Single reportable segment: human hair processing.

Audit and regulatory notes

• Limited Review Report by Brahmayya & Co.; no material misstatement.
• Statement prepared under Ind AS with limited review; no audit opinion.
• Regulation 33 SEBI LODR complied; March 31, 2026 figures are balancing.

Board meeting details

• Board meeting held on 24 July 2026 at registered office.

Meeting Details

• Date: 24 July 2026; Location: Registered office, D.No.4-243, Chivatam, Tanuku, Andhra Pradesh.

Key Agenda Items

• Consider and approve the Un-Audited Financial Results for the Quarter ended 30.06.2026.

Other Notes

• Trading window closed since 01.07.2026; will reopen from 27 July 2026 after 48 hours from results.

Financial Performance 📊

• Q3 FY2026 revenue from operations rose 11.5% YoY to ₹1,746.40 lakhs from ₹1,565.92 lakhs.
• Nine months FY2026 revenue increased 4.5% YoY to ₹3,760.00 lakhs from ₹3,596.96 lakhs.
• Q3 FY2026 PBT grew 39.8% YoY to ₹186.57 lakhs from ₹133.38 lakhs.
• Nine months FY2026 PBT rose 39.8% YoY to ₹364.75 lakhs from ₹260.99 lakhs.
• Q3 FY2026 PAT increased 41.9% YoY to ₹141.60 lakhs from ₹99.81 lakhs.
• Nine months FY2026 PAT rose 40.8% YoY to ₹274.93 lakhs from ₹195.30 lakhs.

Cost and Expense Trends

• Cost of materials consumed for Q3 FY2026 increased 71.1% YoY to ₹1,564.02 lakhs.
• Purchase of stock-in-trade declined to zero in Q3 FY2026 from ₹449.99 lakhs in Q3 FY2025.
• Finance costs reduced to ₹1.34 lakhs in Q3 FY2026 from ₹9.57 lakhs in Q3 FY2025.
• Depreciation expense rose to ₹8.78 lakhs in Q3 FY2026 from ₹3.13 lakhs in Q3 FY2025.
• Other expenses decreased to ₹26.41 lakhs in Q3 FY2026 from ₹45.69 lakhs in Q3 FY2025.
• Total expenses for Q3 FY2026 were ₹1,611.41 lakhs, up 12.4% YoY from ₹1,433.45 lakhs.

Earnings Per Share

• Q3 FY2026 basic and diluted EPS was ₹0.94, up from ₹0.67 in Q3 FY2025.
• Nine months FY2026 basic and diluted EPS was ₹1.83 versus ₹1.30 in prior year.

Corporate and Audit Updates

• Statutory auditors completed limited review with no material misstatements noted.
• No exceptional items reported for Q3 or nine months ended December 31, 2025.
• Board approved unaudited Q3 and nine months FY2026 financial results on January 29, 2026.

Business Model & Segments

• Company operates solely in human hair processing segment as per Ind AS 108.