Tokyo Plast International Ltd

AGM details

• AGM held on 30 Sep 2026 via VC/OAVM; 12:30–12:55 IST.
• Remote e-voting ran 27–29 Sep 2026; Scrutinizer appointed.
• Quorum met; leave of absence granted to MD and two independent directors.
• Statutory and Secretarial Auditors attended.

Resolutions

• Ordinary: Adoption of audited standalone and consolidated financial statements for FY ended 31 Mar 2026.
• Ordinary: Re-appointment of Priyaj Haresh Shah as Director (retired by rotation).
• Special: Remuneration to Haresh Velji Shah as WTD/CFO ₹36 lakh/year for 3 years.
• Special: Remuneration to Priyaj Haresh Shah as WTD ₹36 lakh/year for 3 years.
• Ordinary: Ratification of Dharmil H. Shah’s remuneration for office/place of profit ₹41.28 lakh (FY2025–26).

Voting status

• Resolution 1 – Adoption of financials: status pending.
• Resolution 2 – Re-appointment: status pending.
• Resolution 3 – Haresh Velji Shah remuneration: status pending.
• Resolution 4 – Priyaj Haresh Shah remuneration: status pending.
• Resolution 5 – Dharmil H. Shah remuneration: status pending.
• Results to be communicated after Scrutinizer’s Report.

Director changes

• Priyaj Haresh Shah re-appointed as Director.
• Leave of absence granted to MD and two independent directors.

Auditors

• No appointment changes announced; statutory and secretarial auditors attended.

Material related party transactions

• Remuneration to related party for office/place of profit ₹41.28 lakh (FY2025–26).

Tokyo Plast International Ltd – Closure of Trading Window from 01st October, 2026 till the end of 48 hours after declaration of Unaudited Financial Results for the quarter ended 30th September, 2026

Financial performance

• Revenue from operations rose to ₹7,931.35 Lakhs in FY2025-26.
• PAT stood at ₹140.98 Lakhs, up from ₹132.41 Lakhs prior year.
• PBT was ₹185.62 Lakhs; tax ₹44.64 Lakhs; PAT margin 1.78%.
• EPS (basic and diluted) reported ₹1.48 per share.
• Operating margin: 5.90% in FY2025-26.
• Debtors turnover: 5.34x; Inventory turnover: 4.46x.
• Current ratio: 0.92x; Debt–equity: 0.49x.
• Export revenue: ₹6,025.45 Lakhs; India revenue: ₹1,905.90 Lakhs.
• Net profit margin: 1.78% for FY2025-26.
• Dividend: No dividend recommended for the year.

Capital structure & liquidity

• Standalone borrowings total ₹3,092.95 Lakhs.
• Cash and cash equivalents stand at ₹156.96 Lakhs.
• Cash flow from operating activities: ₹1,438.84 Lakhs.

Business operations & geography

• Company operates primarily in Plastic Thermoware; single main segment.
• Geographic revenue mix: Rest of World ₹6,025.45 Lakhs; India ₹1,905.90 Lakhs.
• Subsidiary Pinnacle Drinkware Private Limited incurred a loss before tax ₹77.93 Lakhs in FY2025-26.
• New wholly-owned subsidiary Pinnacle Brands Private Limited formed on Aug 5, 2026.

Governance & leadership

• Board comprises six directors; Velji L. Shah (MD), Haresh V. Shah (CFO), Priyaj Shah.
• Independent directors: Viraj Vora, Kinnari Charla; Jinali Modi joined; Jagruti Sanghavi ceased.
• Board held ten meetings in FY2025-26.
• Special resolutions approved remuneration for Haresh Velji Shah and Priyaj Shah.

Audit, internal controls & risk

• Statutory auditors: UBG & Co; Internal auditor: RC K. & Co; Secretarial auditor: Ashika Shetty.
• Management asserts adequate internal financial controls; no going-concern flags noted.
• Tax matters shown: ITAT dispute₹20.09 Lakhs; no long-term contract losses disclosed.

Related party transactions

• KMP remuneration totalled ₹97.54 Lakhs; Haresh ₹36.00 Lakhs; Priyaj ₹36.00 Lakhs; Dharmil ₹41.28 Lakhs.
• RPT includes rents to Siddh International; intercompany loans; and related balances.

Outlook & strategic focus

• Management targets 10-15% productivity improvement; focus on energy efficiency and high-margin products.
• Global footprint expansion and in-house value-added product development emphasized.

Subsidiaries & CSR

• Pinnacle Drinkware Private Limited is a wholly-owned subsidiary with losses recorded in FY2025-26.
• Pinnacle Brands Private Limited commenced operations Aug 2026; CSR is not applicable per policy.

Key approvals

• Unaudited standalone and consolidated quarterly results for quarter ended 30 June 2026 approved.

Financial results (standalone)

• Revenue from operations: Rs 1,982.83 lakhs; Total income: Rs 1,983.38 lakhs; Profit after tax: Rs 39.48 lakhs.

Internal auditor appointment

• M/s S R Ranka & Co appointed internal auditor for FY2026-27, effective 27 July 2026.

Audit reports / disclosures

• Limited Review Reports on standalone and consolidated results note no material misstatement.

Segment/disclosures

• Segment reporting indicates single segment; Ind AS 108 not applicable.

Meeting Details

• Board meeting scheduled for 27 July 2026; time and venue not disclosed.

Key Agenda Items

• Unaudited financial results for the quarter ended 30 June 2026 to be considered and approved.

Other Notes

• Trading window closed from 1 July 2026 until 48 hours after results declaration.