Billwin Industries Ltd

Compliance status

• Regulation 74(5) not applicable; all shares are in demat form.
• No dematerialisation/rematerialisation requests received in quarter ended 30 September 2026.

Billwin Industries Limited: Trading window closed from October 1, 2026 until 48 hours after the unaudited half-year results for the period ended September 30, 2026

ToT for Hydro Suit manufacturing

• Received ToT certificate from MoD to manufacture Hydro Suit for Indian Navy.
• ToT agreement handed over by Defence Minister Rajnath Singh.
• Manufacturing to proceed under the specified ToT terms.
• Advances Billwin's defence manufacturing plans and indigenous Navy support.
• No financial figures or milestones disclosed in the update.

Financial highlights

• Revenue from operations: 808.46 Lakh in FY2025-26.
• Net profit after tax: 46.76 Lakh; down from 67.94.
• Profit before tax: 67.18 Lakh; down from 97.13.
• Basic EPS: 1.12; Diluted EPS: 1.12.
• Dividend for FY2025-26: not recommended.
• Inventories: 861.14 Lakh; trade receivables: 791.32 Lakh; no doubtful debts.
• Debt-equity ratio: 0.11; Current ratio: 4.49.
• Authorized capital: 11 Cr; Paid-up capital: 417.97 Lakh.

Operations & product profile

• DRDO technology transfer: Hydrosuit and Breathing Apparatus.
• Manufacturing unit area: about 5190 sq ft.
• Product range: rainwear, life jackets, inflatable boats.
• Single geographical segment: India.

Capital structure & liquidity

• Short-term borrowings: 154.40; Current liabilities: 203.60.
• Cash and cash equivalents: 1.25.
• No long-term borrowings; no deposits.
• Authorized capital: 11 Cr; Paid-up capital: 417.97 Lakh.

Governance & leadership changes

• Ms. Anita Ramchandani appointed Non-Executive Non-Independent Director from 23 Apr 2026.
• Mr. Anand Kumar Jha appointed Non-Executive Independent Director from 25 Jul 2026.
• Mr. Rohera appointed Independent Director from 12 Aug 2025.
• CFO Janvhi Ajit Tawde resigned on 10 Jun 2026.
• Board met 6 times during the year.

Audit, risk & controls

• Auditors: Jay Gupta & Associates; opinion: unqualified.
• Key audit matters: inventories valued at 861.14 Lakh; trade receivables 791.32 Lakh.
• Internal controls: adequate; internal auditor M/s SD Satam & Co.
• Secretarial audit: S. A. Associates; gratuity actuarial valuation not done.

Related party transactions

• Remuneration to directors/KMP: Subrata Dey 9.60; Pritish Dey 6.00; Tawde 4.52; Ritweikaa Dey 6.00; Sapna Bader 4.80.

Corrigendum & disclosures

• Corrigendum to 2025-26 AR; significant accounting policies added; corrected pages.
• Audit opinion unchanged; AR available on company website.

Outlook & risks

• Management optimistic about growth; DRDO tech enhances capabilities.
• Risks include raw material volatility and global uncertainties.

Price movement update

• Company states it has disclosed all price-sensitive information per Regulation 30.
• There is no information or event missing disclosure that could affect price/volume.
• Movement is market-driven; company has no control over underlying causes.

Financial performance

• Total revenue for FY2025-26: 808.46 Lakhs.
• Profit after tax: 46.76 Lakhs.
• Basic EPS: Rs 1.12.
• Dividend not declared for FY2025-26.

Capital & dividends

• Promoter group holds 40.00% of shares as of 31-03-2026.
• Issued capital: 41.79 million; paid-up: 41.80 million.
• Authorised capital unchanged at Rs 11 crore.

Governance & board changes

• Anita Ramchandani appointed as Non-Executive Non-Independent Director from Apr 23, 2026.
• Anand Kumar Jha appointed as Non-Executive Independent Director from Jul 25, 2026.
• Audit Committee comprises four members; chaired by Rasik Jadavji Thakkar.
• Nomination & Remuneration Committee has four members.

Operations & developments

• DRDO technology transfer: Hydrosuit and Breathing Apparatus.
• Product range includes rainwear, life jackets, inflatable boats.
• Manufacturing unit at Bhandup West, Mumbai (5190 sq ft).
• Single-segment operation; operations confined to India.

Audit & controls

• Auditors: Jay Gupta & Associates; five-year term to 2028.
• Auditor's report: no qualifications; true and fair view.
• Key audit matters: inventories valuation and receivables recoverability.

Outlook & risks

• Outlook: optimistic growth supported by domestic demand and Make in India.
• Risks include raw material volatility and global uncertainties.

Compliance & CSR

• CSR not applicable for 2025-26.
• 100% dematerialized shareholding; RTA Bigshare Services.

AGM Details

• Date and time: 30 September 2026 at 09:00 AM.
• Mode: Physical AGM at Festa Banquet Hall, Mulund, Maharashtra.
• Register/Book closure: 24 Sep 2026 to 30 Sep 2026 (inclusive).
• Voting rights cut-off: 23 September 2026.
• No remote e-voting facility due to SME listing exemption.

Key Resolutions

• Adoption of audited financial statements for year ended 31 March 2026.
• Re-appointment of Mr. Pritish Subrata Dey, retire-by-rotation, as Director.
• Appointment of Ms. Anita Ramchandani as Non-Executive Non-Independent Director for five years.
• Appointment of Mr. Anand Kumar Jha as Non-Executive Independent Director for five years.

Voting Status

• Voting outcomes not disclosed in this filing.

Director Changes

• Anita Ramchandani appointed as Non-Executive Non-Independent Director for five years from 23 Apr 2026.
• Anand Kumar Jha appointed as Non-Executive Independent Director for five years from 25 Jul 2026.
• Pritish Subrata Dey to be re-appointed as Director (retire by rotation).
• Remuneration details for new directors provided in explanatory statement.

AGM details

• AGM scheduled for 30 September 2026 at 09:00 IST, physical meeting.
• Venue: Festa Banquet Hall, Mulund West, Mumbai.

Book closure & shares

• Register of Members and Share Transfer Book closed 24 September to 30 September 2026 (inclusive).
• Scrip code 543209 applies to the equity shares.

Key Decisions

• Approved the Directors Report for FY 2025-26.
• Approved AGM date/time: 30 Sep 2026 at 09:00 AM.
• Books of accounts closure: 24 Sep to 30 Sep 2026 for AGM.
• Appointed M/s. S.A. & Associates as Scrutinizer for 13th AGM voting report.