Indian Toners & Developers Ltd. Reports Strong Growth in FY 2025-26; Directors Reappointed at AGM

Indian Toners & Developers Ltd. Reports Strong Growth in FY 2025-26; Directors Reappointed at AGM​

Indian Toners & Developers Ltd. held its 36th Annual General Meeting (AGM) on July 13, 2026, reporting significant growth across key financial metrics for the financial year ended March 31, 2026. The company announced a substantial increase in profit and confirmed an interim dividend of 60%, while successfully passing resolutions related to various director reappointments.

During the AGM, the Chairman provided members with an update on the company's performance, noting that the financial year 2025-26 saw steady economic growth supported by resilient domestic demand and favorable government initiatives towards manufacturing and infrastructure development. Despite fluctuations in raw material prices and ongoing global uncertainties, the company maintained focus on operational excellence and sustainable expansion.

Financial Highlights for FY 2025-26​

The financial results demonstrated a marked increase compared to the previous year:

• Revenue from Operations: The company achieved ₹65.81 crore in revenue, up from ₹52.99 crore in the prior financial year, registering a growth of approximately 8.4%.
• Profit Before Tax (PBT): PBT stood at approximately ₹34.70 crore, significantly compared to ₹3.51 crore in the previous financial year.
• Profit After Tax (PAT): PAT increased to approximately ₹27.23 crore, up from ₹22.44 crore in the preceding year, reflecting an impressive growth exceeding 21%.

The company's dividend policy has consistently maintained a commitment to its stakeholders. The management noted that it has been paying an uninterrupted dividend of 30% every year since the financial year 2017-18. This rate was subsequently increased to 35% in the financial year 2022-23 and further raised to 45% in FY 2023-24. At the current AGM, the company declared an interim dividend at 60%.

AGM Proceedings and Key Decisions​

The meeting’s proceedings covered the adoption of audited financial statements for the year ended March 31, 2026, along with the reports of the Board of Directors and Auditors. The Chairman confirmed that the Auditor's Report for the period did not contain any adverse qualifications or observations on the company's functioning.

Members present at the AGM reviewed and passed all ordinary and special resolutions, which included several important matters related to corporate governance and leadership:

* Director Reappointments:
* The re-appointment of Sh. Akshat Jain, who retires by rotation, was approved as an Ordinary Resolution.
* Sh. Sushil Jain was successfully re-appointed as a Whole Time Director for a further period of three years, effective from August 16, 2026.
* Sh. Satycndra Paroothi was re-appointed as a Whole Time Director for two years, with effect from May 27, 2026.
* Sh. Sanjay Gupta was re-appointed as an Independent Director for a second term of five years, effective from June 22, 2026.

* Dividend Confirmation: The interim dividend @ ₹6.00 per equity share was confirmed as the Final Dividend for the financial year 2025-2026 with overwhelming shareholder support (99.9943% in favour).

The voting results across all resolutions, covering promoter and public investor categories, indicated that every resolution—both ordinary and special business—was passed with the requisite majority.

Outlook and Management Activities​

The management confirmed that they are actively exploring new projects and other activities as part of a broader diversification plan for the company.

Stock Price Movement​

As of 12:31, shares of Indian Toners & Developers Ltd. are edging higher at ₹48.15, up by 1.37%. The stock has been volatile today, trading within an intraday range that stretches from a low of ₹47.50 to a high of ₹48.75.