Wendt (India) Ltd

Thiyagarajan R: Head - R&D ceases Senior Mgmt

• Thiyagarajan R (Head - R&D) ceases Senior Mgmt; effective 24 Jul 2026; remains employed; reason: reporting structure change.

Sanjaya S C: AGM – QA Division ceases Mgmt

• Sanjaya S C (AGM – QA Division) ceases Mgmt; effective 24 Jul 2026; remains employed; reason: reporting structure.

Standalone results

• Standalone revenue from operations: 6,123 lakhs; YoY growth 31%.
• PAT: 800 lakhs; up 62% YoY.
• EPS: Rs 40.00 (basic and diluted).
• Domestic sales: 4,925 lakhs; exports 1,152; domestic +38% YoY.
• QoQ: revenue +7%; PAT +7%.

Consolidated results

• Consolidated revenue from operations: 7,093 lakhs; PAT 618; YoY PAT +63%; QoQ PAT +21%.
• QoQ revenue: +8%; PAT: +21%.
• Consolidated segment revenue: Super Abrasives 4,157; Machines 1,531; Precision Components 757; Others 648.

Meeting Details

• Board meeting on 24 July 2026 to consider unaudited results for quarter ended 30 June 2026.

Key Agenda Items

• Inter alia to approve unaudited quarterly results for quarter ended 30 June 2026.

Dematerialisation/rematerialisation status

• Details of dematerialised/rematerialised securities have been furnished to all stock exchanges where listed.

Overview

• Standalone BRSR for FY2025-26; reporting boundary is the entity itself.
• Main activities: grinding wheels 71% turnover, machines 14%, precision components 15%.
• 2 plants and 3 offices in India; serves 35 countries; 20% of turnover from exports.
• Approximately 1,400 domestic and overseas customers; BSE/NSE listed.

Key ESG Risks & Opportunities

• Employee turnover risk: attrition reduces productivity; mitigated by training, job rotation, performance incentives.
• Technology risk/opportunity: ongoing R&D with DSIR approval; stronger cyber security to protect assets.
• Environmental footprint risk: energy efficiency investments; solar plant; ETP/STP; regulatory monitoring.
• Governance risk/opportunity: strong governance framework, zero-tolerance policy, board oversight and policies.
• Social alignment risk: community engagement via job creation, skill development, and tax contributions.
• Data security risk: cyber security measures, policies, training to prevent breaches.

Governance & Policy Highlights

• Executive Director and CEO Amit Ingale leads ESG oversight; Board governs with 'Five Lights' philosophy.
• Policies: Code of Conduct, Human Rights, Insider Trading, POSH, Whistle Blower, Anti-Corruption, CSR; supplier code.
• Certifications: ISO 9001:2015, ISO 14001:2015, ISO 45001:2018, EN13236, EN9100:2018, IATF 16949.
• External EHS assessments; ISO certifications cover facilities; no external BRSR assurance disclosed.
• NGRBC policy covered, translated to procedures; value chain policies extend to partners; quarterly board reviews.
• No fines/penalties in FY2025-26; anti-corruption policy with zero-tolerance; whistleblower mechanism.

Social Responsibility & Workforce

• Total workforce: 205 employees and 309 workers; combined 514 people; board female representation 17%.
• Women: 8% of employees; 7% of workers; 100% PF, Gratuity, and ESI coverage.
• Employee turnover: 8.49% (permanent employees); 1.37% (permanent workers).
• Well-being: ₹2.52% of revenue spent on well-being; 206 counselling sessions; 12 health talks.
• Health & safety: ISO 45001 certified; on-site health centre; hazard/risk assessments across operations.
• Training: Board 100% trained; KMP 57%; employees 100%; workers 83% trained on safety; 100% HR rights training.

Environmental Performance

• Total energy: 15,269,623 MJ; renewable share: 1,392,793 MJ (≈9.1%).
• GHG emissions: Scope 1 191 tCO2e; Scope 2 2,769 tCO2e; total 2,960 tCO2e; intensity 0.00000143 per turnover.
• Water: total withdrawal 27,199 kl; third-party water 16,528 kl; other sources 10,671 kl.
• Zero liquid discharge: RO plant and ETP/STP enable water reuse; RO for process water; green belt with recycled water.
• Waste: total 182.3 MT; 109.8 MT recycled; hazardous waste includes 4.57 MT battery, 44.01 MT other hazardous; non-hazardous 130.23 MT.
• Compliance: valid consent to operate from Pollution Control Board; ISO 14001/45001 certified.

Stakeholder Engagement & Complaints

• Engaged stakeholders: governments/regulators, industry associations, suppliers, customers, investors, employees, community.
• Engagement channels: emails, meetings, website, events; periodic stakeholder surveys and annual/half-yearly interactions.
• Grievance mechanisms: Whistle Blower policy; Works/Health & Safety/Canteen/POSH committees; community grievance link provided.
• Complaints: shareholders filed 1 complaint FY2025-26; some complaints were pending in prior year.

Other Notable Metrics

• RPTs and supply chain: purchases from related parties 4.69%; sales to related parties 5.89%; investments in related parties 32.97%.
• RMG supply chain: 17% inputs from MSMEs; 62% direct purchases from India.
• Cyber/data privacy: cyber security policy; 0 data breaches in FY2025-26.
• Product safety & disclosures: MSDS provided; product information on website; SAP implemented with serial tracking.
• CSR: extensive community projects in Hosur/Krishnagiri, Tamil Nadu, including schools, RO purifiers, and health facilities.

AGM Details

• Forty Fourth AGM on Friday, 24 July 2026 at 03:00 PM IST via VC/OAVM.
• Mode: Video Conferencing/Other Audio Visual Means; no physical attendance.
• Record date for final dividend: 17 July 2026.
• Remote e-voting window: 21 July 2026 09:00 IST to 23 July 2026 17:00 IST.
• Cut-off date for e-voting and shareholding: 17 July 2026.

Resolutions

• Ordinary: adoption of standalone financial statements.
• Ordinary: adoption of consolidated financial statements.
• Ordinary: final dividend of Rs 10 per equity share; interim dividend of Rs 20 per share already paid.
• Ordinary: re-appointment of Muthiah Venkatachalam as Director (retiring by rotation).
• Special: ratification of cost auditor remuneration for 2026-27 at Rs 1,25,000 plus taxes and out-of-pocket.

Dividend

• Final dividend proposed: Rs 10 per equity share; interim dividend of Rs 20 per share already paid.

Director changes

• Muthiah Venkatachalam to be re-appointed as Director, liable to retire by rotation.

Auditor remuneration

• Ratification of Cost Auditor remuneration for FY2026-27: Rs 1,25,000 plus taxes and out-of-pocket.

Voting results

• Voting results not provided in this AGM chunk.