Jocil Limited Board Approves Financial Results, Re-appoints Managing Director
Jocil Limited announced the outcomes of its Board of Directors meeting held on May 26, 2026. The board approved the audited financial results for the quarter and the year ended March 31, 2026.Key Governance Decisions and Dividend Recommendation
The Board of Directors approved the re-appointment of Mr. J. Murali Mohan, Managing Director, for another term of three years. His re-appointment will commence on February 16, 2027, and is subject to shareholder approval at the Annual General Meeting (AGM) scheduled for September 19, 2026.Mr. Mohan's remuneration structure includes:
- Salary: A pay scale ranging from Rs. 13,00,000 to Rs. 15,75,000.
- Commission: Up to 20% of the net profit of the company, but not exceeding the specified annual salary.
- Perquisites: These include free furnished residential accommodation (or House Rent Allowance of 50% of the salary if accommodation is not provided), medical reimbursement for self and family, Leave Travel Concession, club fees, personal accident insurance, and contribution to Provident Fund, Superannuation Fund, or Annuity Fund.
The Board also recommended the payment of a dividend at Rs. 3.50 per equity share, out of a face value of Rs. 10/- per share, for the financial year ending March 31, 2026. The total dividend recommended for the year amounts to Rs. 3,10,84,425.
The company approved closing the Share Transfer Books and the Register of Members from Saturday, April 17, 2026, to Saturday, April 27, 2026. The record date for the dividend is Friday, April 17, 2026. The Annual General Meeting is scheduled for Saturday, April 17, 2026, at 3:30 p.m.
Financial Performance Highlights (Year Ended March 31, 2026)
Jocil Limited released detailed financial statements for the quarter and year ended March 31, 2026.The consolidated profit and loss statement for the year shows:
- Total Revenue: Rs. 8674.2? million.
- Total Expenses: Rs. 86615.23 million.
- Profit for the Period After Tax (PAT) from continuing operations: Rs. 102.00 million.
- Total Comprehensive Income: Rs. 15.55 million.
The cash flow statement indicates a Net cash from Operating activities of Rs. 1041.70 million, compared to Rs. 162.34 million in the previous year.
Consolidated Balance Sheet Summary
The total assets and equity and liabilities as of March 31, 2026, were:| Particulars | As of March 31, 2026 | As of March 31, 2025 |
|---|---|---|
| Total Assets | 30,063.55 | 28,767.0? |
| Total Equity | 21,33?.37 | 20,608.15 |
| Total Liabilities | 8,724.18 | 8,158.94 |
| Total Equity and Liabilities | 30,063.55 | 28,767.49 |
Segmentwise Revenue and Results
The segment-wise results for the year ended March 31, 2026, showed a Total Revenue of 44449.1? million, up from 33543.48 million in the previous year.| Segment | Quarter Ended March 31, 2026 (Rs. in lakhs) | Year Ended March 31, 2026 (Rs. in lakhs) |
|---|---|---|
| Chemicals | 17419.70 | 1498.45 |
| Soap | 17841.44 | 917.68 |
| TUWC Utility Division | 788.22 | 3820.58 |
| Total Revenue | 36008.96 | 145751.42 |
The total assets for the company reached Rs. 30,063.55 million on March 31, 2026, compared to Rs. 28,767.0? million the previous year.
Corporate Bond Market Development
In relation to the ease of doing business and development of corporate bond markets, Jocil Limited provided the following data for the Financial Year starting April 1, 2025, through March 31, 2026:| Particulars | Value |
|---|---|
| Outstanding Qualified Borrowings at the start of the financial year (Rs. in Crores) | 111.00 |
| Outstanding Qualified Borrowings at the end of the financial year (Rs. in Crores) | 111.00 |
| Credit rating (highest in case of multiple ratings) relating to the unsupported bank borrowings or plain vanilla bonds which do not have any structuring/sponsorship built in. | NA |
| Incremental borrowing done during the year (qualified borrowings). (Rs. in Crores) | Nil |
| Borrowings by way of issuance of debt securities during the year. (Rs. in Crores) | Nil |
JOCIL Stock Price Movement
Today, Jocil Limited shares climbed, gaining 11.74% and settling at ₹149.00 in post-market trading. The equity saw noticeable interest during the session, with a total volume of 27,282 shares traded.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
The information provided is for general informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any securities. Readers are advised to rely on their own assessment and judgment and consult appropriate financial advisers, if required, before taking any investment-related decisions.
Any views, opinions, or statements expressed, where applicable, are those of the respective analysts or experts and do not reflect the views of this website. The website has no association with such viewpoints and does not assume any responsibility for them.
Last edited by a moderator: