Walchand Peoplefirst Ltd

Dematerialisation processing and listing status

• RTA Bigshare confirmed dematerialisation requests up to 30 June 2026 as accepted/rejected.
• Securities dematerialised have been listed on the stock exchange where existing securities are listed.
• Physical certificates received for dematerialisation were mutilated and cancelled; depositories substituted as registered owner within 15 days.

AGM and dividend details

• AGM scheduled for 30 July 2026 at 3:00 PM IST via VC/OAVM.
• Final dividend for FY2025-26: INR 1 per share (10%).
• Record date for final dividend: Friday, 17 July 2026.
• Last date for submission of tax deduction/exemption forms: 15 July 2026.
• Dividend payout date, if approved: on or after 3 August 2026.
• E-voting starts 27 July 2026 at 9:00 AM IST; ends 29 July 2026 at 5:00 PM IST.
• Cut-off date for E-Voting: July 24, 2026.
• Annual Report and AGM notice available on company website and NSDL/BSE portals.
• Notice sent to shareholders with registered emails; unregistered addresses to update.

Financial performance

• Total income 3879.21 lakhs; up from 3346.65.
• Revenue from operations 3653.87 lakhs; up 19% YoY.
• EBITDA 13% of total income; up from 8%.
• PBT 453.77 lakhs; tax 106.69; PAT 347.08.
• EPS 11.95; basic and diluted.
• PAT margin about 8.95% on total income.
• Final dividend proposed: Rs 1 per share; record date 17 July 2026.
• Net cash from operations 430.44 lakhs; investing -270.56; financing -44.66.
• Single segment: Training; no change in nature.

Operations & revenue mix

• Training services revenue 3,583.53 lakhs.
• Franchisee fees 7.00 lakhs.
• Other operating revenue 63.34 lakhs.
• Domestic market focus; no stated international revenue.

Dividends & capital allocation

• Final dividend Rs 1 per equity share; 10%.
• Record date 17 July 2026; payment after AGM, subject to tax.
• Dividend outflow anticipated at Rs 29.04 lakhs for the year.

Capital structure & liquidity

• Equity share capital: 290.39 lakhs; fully paid.
• Total equity: 3,059.87 lakhs.
• Long-term borrowings: 15.40 lakhs; short-term borrowings: 15.40 lakhs.
• Debt to equity: 0.01x; current ratio: 2.69x.

Cash flows & liquidity position

• Net cash from operating activities: 430.44 lakhs.
• Net cash used in investing activities: -270.56 lakhs.
• Net cash used in financing activities: -44.66 lakhs.

Governance & board changes

• Board of 5: 2 Executive, 3 Independent; MD Pallavi Jha; WTD Sanjay Jha.
• Company Secretary Nachiket Sohani resigned; 27 June 2025.
• Deepak Kumar Nayak appointed Company Secretary 31 July 2025.
• Joseph Pereira reappointed as Independent Director for 2025-2030.
• Audit Committee expanded; HN Shrinivas joined 16 January 2026.

Audit, controls & risk

• Statutory auditors CNK & Associates LLP; term to 2029-30; no qualifications.
• Secretarial audit by Nilesh Shah & Associates; MR-3; no qualifications.
• Internal audit by SMMP & Company; 2023-28.
• Internal controls are adequate; no material weaknesses reported.

Related party transactions

• RPT policy ensures arm's length dealings; approved by Audit Committee.
• Related parties include Walchand & Company Pvt Ltd, Bahubali Gulabchand Foundation, Walchand Diamond Jubilee Trust.
• KMP/director remuneration disclosed; MD 200.86; WTD 189.30; CFO 81.91; CS 3.36.
• Mohini Rani Jha, relative of MD, remuneration 30.00.

Outlook & risks

• West Asia conflict raises energy price volatility; global growth FY2026-27 ~6.3-6.7%.
• Learning & Development sector CAGR 12-14%; AI and digital platforms boost demand.
• Budget rationalization risk; growth supported by franchise and digital platforms.

AGM Details

• Date and time: 30 July 2026, 03:00 PM IST; mode: VC/OAVM.
• Venue deemed at registered office for VC/OAVM.
• Dividend record date: 17 July 2026; voting record date: 24 July 2026.

Key Resolutions

• Resolution 1: Adopt Audited financial statements; outcome: to be declared after AGM.
• Resolution 2: Declare final dividend of Rs 1 per equity share; outcome: to be declared.
• Resolution 3: Reappoint Sanjay Jha as Whole Time Director; outcome: to be declared.

Director Changes

• Reappointment of Sanjay Jha as Whole Time Director; retiring by rotation.
• Remuneration last drawn FY2025-26: Rs 189.30 Lakhs.
• Term continues as per 104th AGM approval.
• Husband of Chairperson & MD; related party consideration noted.

KYC/PAN intimation to physical shareholders

• Intimation to physical shareholders to furnish PAN, KYC, and nomination details per SEBI regs.
• Prescribed forms ISR-1, ISR-2, ISR-3, ISR-13, ISR-14 referenced.
• Dividend will be paid electronically only after completing KYC.
• Dematerialization of shares urged; transfers in physical form restricted by SEBI 2019 mandate.
• RTA for KYC updates: Bigshare Services Pvt Ltd.
• Forms and instructions available on WalchandPeopleFirst and Bigshare websites.
• Date of intimation: 02 July 2026.