The Bombay Burmah Trading Corporation Ltd

AGM details

• AGM held on 13 August 2026 at 3:30 PM IST, via VC/OAVM.
• Record date was 6 August 2026; remote e-voting window 10–12 August 2026.
• Remote e-voting facility provided by NSDL; e-voting at AGM available for attendees.
• Scrutinizer conducted voting; results announced and published on the company website.

Resolutions

• Resolution 1: Ordinary—Adopt audited financial statements for year ended 31 March 2026.
• Resolution 2: Ordinary—Re-appoint Minnie Bodhanwala as Director on rotation.
• Resolution 3: Ordinary—Appoint Branch Auditors of the Corporation.
• Resolution 4: Ordinary—Ratify remuneration for Cost Auditors for FY ending 31 March 2027.

Voting results

• Resolution 1: Passed with overwhelming support; approx 99.9% in favour.
• Resolution 2: Passed with overwhelming support; approx 99.9% in favour.
• Resolution 3: Passed with overwhelming support; approx 99.9% in favour.
• Resolution 4: Passed with overwhelming support; approx 99.9% in favour.

Dividend

• No dividend proposed or declared.

Directors

• Minnie Bodhanwala reappointed as Director (rotation).

Auditors

• Branch Auditors appointed for the Corporation.
• Remuneration for Cost Auditors Jyothi Satish & Co. ratified for FY ending 31 March 2027.

Standalone results

• Standalone Q1 FY27: Revenue from operations ₹67.54 cr; total income ₹68.61 cr.
• Standalone Q1: Exceptional gain on sale of PPE ₹14.87 cr; PAT ₹7.86 cr.
• Standalone Q1: Earnings per share (basic) ₹1.13.

Consolidated results

• Consolidated Q1 FY27: Revenue from operations ₹5,156.58 cr; total income ₹5,156.55 cr.
• Consolidated Q1: PAT ₹582.67 cr; total comprehensive income ₹648.57 cr.
• Consolidated Q1: PBT ₹786.69 cr; tax ₹204.02 cr; exceptional gain ₹14.87 cr.
• EPS (Basic/Diluted) ₹41.31 for the quarter.

Segment highlights (consolidated)

• Consolidated segment revenue: Food-bakery and dairy ₹5,003.45 cr; Investments ₹61.89 cr; Auto ₹46.24 cr.
• Tea plantations ₹12.75 cr; Healthcare ₹8.86 cr; Horticulture ₹22.36 cr.

Key ratios & balance sheet (consolidated)

• Operating margin 16.00%; net profit margin 11.45%; net worth ₹10,246.79 cr.
• Debt/Equity 0.17x; debt service coverage 16.52x; interest coverage 32.91x.
• Current ratio 1.26x; total debt to total assets 10.74%.

Notes on exceptional items

• Exceptional items (consolidated) include ₹14.87 cr gain; related to assets held-for-sale adjustments.

Business model & segments

• BBTCL is a diversified conglomerate spanning food, plantations, investments, auto components, and healthcare.
• Major revenue driver is Food-bakery and dairy products; global subsidiaries/associates underpin diversification.
• Group comprises numerous subsidiaries/associates across multiple geographies.

Overview

• Annual Report FY2025-26 and 161st AGM notice issued for BBTC.
• 161st AGM scheduled on 13 Aug 2026 via VC/OAVM; report and notice online.

Governance

• Ness N. Wadia reappointed as MD for five years via postal ballot.
• Minnie Bodhanwala reappointed; Rukhshana Jina Mistry appointed Independent Woman Director.

Financial Highlights

• Standalone FY2025-26: revenue 427.3 Cr; net profit 210.6 Cr; EPS 30.18.
• Consolidated FY2025-26: revenue 19,538.6 Cr; net profit 2,499.3 Cr; EPS 178.10.

Dividends & Capital Return

• Interim dividend Rs 17 per share for FY2025-26; payout Rs 118.61 Cr; no final dividend.
• No final dividend declared for FY2025-26.

Key Events & Divestitures

• Singampatti estate divested; phase I sale of Dunsandle estate completed with ₹87.69 Cr gain.

Regulatory & ESG / CSR

• Regulatory: BSE penalty paid; SEBI settlement completed; CSR spend nil due to losses; TÜV SÜD BRSR assurance.

Key investor updates

• Annual Report 2025-26 and 161st AGM notice filed; AGM via VC/OAVM on 13 Aug 2026.
• MD Ness N. Wadia reappointed; Minnie Bodhanwala reappointed; Rukhshana Mistry appointed Independent Woman Director.
• MD term renewed for five years to 31-Mar-2031.
• Standalone FY26: revenue ₹427.27 cr; net profit ₹210.60 cr.
• Consolidated FY26: revenue ₹19,538.62 cr; net profit ₹2,499.25 cr; interim dividend ₹118.61 cr; no final.
• Standalone exceptional gains ₹136.30 cr (PPE sale ₹90.82 cr; investments ₹45.48 cr); Consolidated ₹94.08 cr.
• Regulatory: BSE fine ₹1.79 lakh; SEBI settlement ₹31.00 lakh; paid.
• Litigation: Singampatti lease dispute ongoing; Go Air liquidation; Go Air claim ₹2,048.47 cr accepted.
• Promoter stake 74.04%; Britannia Industries BDMC major associate.
• CSR: nil CSR spend FY25-26; TÜV SÜD BRSR assurance.

Overview

• BBTCL files standalone BRSR for FY2025-26 under SEBI Regulation 34(2)(f).
• Reasonable assurance: TÜV SÜD on 9 Core BRSR attributes; period 15 Apr–13 May 2026.
• Turnover approx Rs 427.3 crore; Net worth approx Rs 283.1 crore.
• CSR applicable; no CSR spend due to negative three-year average net profit.
• GHG: Scope 1 13,295 tCO2e; Scope 2 4,053 tCO2e.
• Total waste generated: 58.37 MT; plastic waste 41.02 MT; 18.32 MT reused; 39.20 MT disposed.
• Water withdrawal 157,347 KL; consumption 148,921 KL; water intensity 0.000050 KL/Rs.
• ZLD not implemented; wastewater treated/disposed via third-party facilities as required.
• Affiliations: 8 trade associations; top include CII, FICCI, OPPI, LMAI.
• Subsidiaries 48; associates 17; JV 1; governance aligned with Wadia Group.

Overview

• Standalone BRSR for FY2025-26 covering Tea Plantation, Auto Electric Components, and Dental Healthcare divisions.
• Turnover mix: Tea 22%, Auto Electronics 65%, Healthcare 13% of total revenue.
• Exports comprise about 11% of revenue; reporting boundary is standalone basis.
• Assurance: TÜV SÜD provided reasonable assurance on 9 BRSR Core attributes.
• Operations span 9 plants, 10 Indian offices, +1 international site; serves 26 markets.

Key ESG Risks & Opportunities

• GHG emissions risk from fleets and refrigerants; mitigate via fuel efficiency, logistics optimization, safer refrigerants.
• Waste and hazardous materials management risk; mitigate by reduction, reuse/recycling, safe disposal, training.
• Data security risk from breaches; mitigate with overall cybersecurity measures.
• Selling practices and product labelling risk; mitigate via accuracy, compliance, internal quality checks.
• Labour practices offer opportunity to boost wellbeing, productivity and retention.
• Supply chain environmental and social impacts management offers resilience and reputation benefits.

Governance & Policy Highlights

• Sustainability embedded with quarterly ESG reviews; board and committees oversee implementation.
• Board-approved mandatory policies; other policies sanctioned by MD or division heads.
• Key policies include anti-bribery, whistleblower, human rights, risk management, related party, board diversity, CSR, equal opportunity.
• TÜV SÜD provides reasonable assurance on 9 BRSR Core attributes; scope defined per engagement.
• Certifications: ISO 9001, ISO 13485; Fairtrade, Rainforest Alliance, Trustea; FSSAI licenses.
• CSR applicable; FY2025-26 CSR spend not required due to negative three-year average profit.
• No material penalties; two POSH complaints filed in FY2025-26, resolved; 0 bribery actions.

Social Responsibility & Workforce

• Total employees: 254 (226 male, 28 female); total workers: 2,621 (1,093 male, 1,528 female).
• Board gender: 2 of 8 female; Key Management Personnel: 2 of 3 female.
• Permanent employee turnover: 14.29%; permanent workers: 7.84% (FY2025-26).
• Well-being spend: 1.33% of total revenue; 100% PF/ESI coverage for eligible staff.
• Grievance mechanism managed by HR; POSH policy; 2 sexual harassment complaints, resolved.
• 3,000 trees planted as part of environmental initiatives; 28.9% inputs from MSMEs; 81.47% inputs within India.

Environmental Performance

• Total energy: 14,228,974 MJ; renewable share ~71% (approx. 10,221,513 MJ from renewables).
• Scope 1: 13,295 tCO2e; Scope 2: 4,053 tCO2e; total 17,349 tCO2e.
• GHG intensity: 0.0000059 tCO2e per Rs revenue; PPP-adjusted 0.00000012.
• Water withdrawal: 157,347 kl; consumption: 148,921 kl; water intensity 0.00005 kl/Rs.
• Water discharge: 8,425.7 kl; ZLD not implemented; plantations discharge to groundwater per natural cycle.
• Waste generated: 58.37 MT; recycled 24.23 MT; re-used 18.32 MT; disposed 39.20 MT.
• Certifications: ISO 9001, ISO 13485; Fairtrade, Rainforest Alliance, UTZ; Trustea; FSSAI licenses.

Stakeholder Engagement & Complaints

• Key stakeholder groups: Employees, Divisions, Shareholders, Customers, Suppliers, Government, Communities near plants.
• Engagement: need-based and regular channels (email, meetings, website updates).
• Shareholders: 9 complaints filed; resolved within SEBI timelines; no pending at year-end.
• Investors: grievance mechanism via SCORES; investor emails used for assistance.
• Customers: 25 consumer complaints filed; resolved promptly; channels include helpline and online forms.
• Communities near plants: no formal community grievance mechanism yet; future consideration.

Other Notable Metrics

• Direct inputs from MSMEs: 28.9%; inputs sourced within India: 81.47%.
• Related party transactions: purchases from related parties nil; sales to related parties nil; investments 99.99%.
• Life cycle assessment (LCA) not conducted in FY2025-26.
• Green credits: nil; data breaches: none reported.