Goa Carbon Ltd

Goa Carbon Ltd - Closure of Trading Window

AGM details

• Date/time/mode: 9 Sep 2026, 3:00 PM IST, via VC/OAVM.
• Notice dispatched to members: 12 Aug 2026.
• Cut-off date for eligibility: 7 Aug 2026.
• Remote e-voting window: 6–8 Sep 2026; AGM e-voting available.
• Consolidated voting results reported by scrutinizer.

Resolutions and outcomes

• Item 1: Adoption of financial statements (Ordinary) — Passed; 49 in favour, 1 against.
• Item 2: Re-appointment of Shrinivas Dempo, retiring by rotation — Passed; 48 in favour, 2 against.
• Item 3: Ratification of remuneration for Joshi Apte & Associates (Cost Accountants) — Passed; 48 in favour, 2 against.

Goa Carbon AGM excerpt contains no material disclosures in provided chunk

Tax rectification and refund update

• Rectification Order dated 10.07.2026 under section 154 allows interest under section 244A.
• Additional refund of Rs 1,20,44,555 for AY 2010-11 payable to Goa Carbon.
• Earlier refund of Rs 76,15,436 granted; interest initially not allowed.
• Company evaluating propriety of the Rectification Order, interest computation, and further action.
• Writ Petition L No. 485 of 2026 before Bombay HC Goa Bench pending.

Financial performance

• Total income ₹70,879.78 lakh, up from ₹51,983.57 lakh.
• Revenue from operations ₹69,642.23 lakh, up from ₹50,847.24 lakh.
• Loss after tax ₹4,823.46 lakh.
• EPS (basic and diluted) ₹-52.71.
• Dividend for FY2025-26: not declared; prior year ₹915.11 lakh.

Operations & production

• CPC production 134,585 MT; prior year 156,894 MT.
• CPC sales 156,117 MT; prior year 153,487 MT.
• Plants located at Goa, Paradeep, Bilaspur.
• Maintenance shutdowns affected Goa and Bilaspur output.

Capital structure & liquidity

• Total borrowings ₹16,740.25 lakh; debt-to-equity 0.99x (down from 1.29x).
• Equity capital ₹915.11 lakh; net worth ₹16,862.97 lakh.
• Net cash from operations ₹7,764.87 lakh; year-end cash ₹3,951.83 lakh.
• Funding facilities ₹45,000 lakh; undrawn ₹29,391.10 lakh.

Governance & risk

• Board comprises eight directors; seven Non-Executive; four Independent; one Woman.
• RPTs: arm's-length; no material transactions; policy on website.
• D&O insurance in place; robust internal controls; secretarial audit with no qualifications.
• Independent Directors meetings held twice in FY2025-26.

CSR & ESG

• CSR thresholds not met; voluntary CSR initiatives undertaken.
• Miyawaki forest with 8,000 native saplings.
• Voluntary CSR includes football sponsorship and rural development initiatives.

Shareholder info & AGM

• 58th AGM on 9 Sep 2026 via VC/OAVM.
• Remote e-voting 6-8 Sep 2026; cut-off 2 Sep 2026.
• Notice/Annual Report on company website; MUFG Intime as Registrar.

Financial highlights

• Unaudited Q1 FY27 results for quarter ended 30 June 2026 approved; limited review unmodified.
• Sale of products net ₹6,564.00 lakh; other operating revenues ₹5.75 lakh.
• Total income from operations ₹6,569.75 lakh; other income ₹435.09 lakh.
• Total income (I+II) ₹7,004.84 lakh.
• PBT before tax: loss ₹658.36 lakh.
• Net loss after tax ₹658.36 lakh; total comprehensive loss ₹547.02 lakh.
• Basic & diluted EPS ₹(7.19).
• Plants shutdowns in quarter: Goa 91 days, Bilaspur 91 days, Paradeep 76 days.
• Single reportable segment: Sale of Calcined Petroleum Coke.
• Auditors: B S R & Co. LLP; limited review unmodified.
• No subsidiary/associate; consolidated results not required.