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Minal Industries Limited informed the BSE that its board of directors approved the company’s Directors Report for the financial year ended March 31, 2026, and recommended Related Party Transactions for the financial year 2027-28, subject to shareholder approval. The board also approved the closure of the Register of Members and Share Transfer Books from September 23, 2026, to September 29, 2026, set a cut-off date of September 22, 2026, for electronic voting, and convened the 38th Annual General Meeting on September 29, 2026, via video conferencing or other audio-visual means. Additionally, the board appointed Mr. Kunal Sakpal, failing him Mr. Hemant Shetye, as Scrutinizer for the AGM and approved the appointment of National Securities Depository Limited (NSDL) to facilitate the e-voting process.

Minal Industries Ltd share price ticked higher by 3.35% to Rs 2.16 after the company`s net profit saw a strong growth of 46.30% to Rs 2.37 crore, while revenue from operations slipped 13.64% to Rs 13.11 crore in Q2FY26 over Q1FY26. The market capitalization of Trading & Distributors industry group stocks on BSE stood at Rs 49691.37 crore, improving 11.71%. It has slipped by 1.11% over last one week and soared by 24.51% in last one month while the market capitalization of Minal Industries Ltd has improved by 4.86% and 10.75% in the same period respectively. Profit before tax (PBT) of Minal Industries Ltd stood at Rs 2.27 crore in Q2 FY26, jumping 194.81% year-on-year, and expanding by 18.23% quarter-on-quarter. EBITDA came in at Rs 2 crore, surging by 189.47% YoY and nosediving by 632.26% sequentially. Total expenses tumbled by 22.30% to Rs 11.22 crore in Q2FY26 over Q2FY25. During the quarter, cost of materials consumed stood at Rs 6.63 crore, witnessing a sharp rise of 50.68% YoY, while employee benefits expense was at Rs 1.29 crore, tanking by 14.57% YoY. For the TTM ended FY26, revenue from operations jumped by 35.06% to Rs 51.12 crore, while net profit witnessed a sharp fall of 302.40% to Rs 4.21 crore, compared to previous TTM. EBITDA saw a sharp decline of 251% to Rs 2.83 crore, and PBT plunged by 347.34% to Rs 4.18 crore compared to previous TTM. The company`s consolidated net cash flow from operating activities stood at Rs 4.03 crore in FY26, as against Rs 1.05 crore in FY25. Minal Industries Ltd nosedived by 46.40% in last one year, underperforming the benchmark BSE Sensex which has eased by 2.83% during the same period.

Net profit of Minal Industries declined 58.62% to Rs 0.36 crore in the quarter ended March 2026 as against Rs 0.87 crore during the previous quarter ended March 2025. Sales declined 20.77% to Rs 15.18 crore in the quarter ended March 2026 as against Rs 19.16 crore during the previous quarter ended March 2025.For the full year,net profit declined 53.64% to Rs 0.70 crore in the year ended March 2026 as against Rs 1.51 crore during the previous year ended March 2025. Sales declined 16.22% to Rs 42.83 crore in the year ended March 2026 as against Rs 51.12 crore during the previous year ended March 2025. ParticularsQuarter EndedYear EndedMar. 2026Mar. 2025% Var.Mar. 2026Mar. 2025% Var. Sales15.1819.16 -21 42.8351.12 -16 OPM %5.8020.56 --1.687.55 - PBDT2.073.65 -43 1.524.73 -68 PBT1.923.51 -45 0.974.18 -77 NP0.360.87 -59 0.701.51 -54 Powered by Capital Market - Live News

Minal Industries has postponed the meeting of the Board of Directors which was scheduled to be held on 29 May 2026. The meeting will now be held on 4 June 2026.

Minal Industries will hold a meeting of the Board of Directors of the Company on 29 May 2026.