Bombay Dyeing Reports FY26 Audited Results; Recommends 20% Final Dividend, Abandons Rights Issue

The Board of Directors of Bombay Dyeing and Manufacturing Company Limited, at its meeting held on May 8, 2026, approved the audited standalone and consolidated financial results for the quarter and year ended March 31, 2026. The statutory auditor M/s Bansi S. Mehta & Co. issued an unmodified opinion on both the standalone and consolidated financial results for FY 2025-26.

Financial Performance Overview

On a standalone basis, the company's revenue from operations declined to ₹1,460.33 crore in FY26 from ₹1,605.43 crore in FY25. Total income, including other income of ₹134.73 crore, stood at ₹1,595.06 crore for FY26, compared to ₹1,732.34 crore in the previous year. Total expenses for FY26 were ₹1,562.66 crore against ₹1,684.35 crore in FY25. Net profit for the year came in at ₹26.66 crore (standalone) and ₹26.92 crore (consolidated) for FY26, compared to ₹489.83 crore and ₹490.16 crore respectively in FY25—the prior year figures having been substantially elevated by exceptional gains including a net gain on the sale of land at Worli.

The following table summarises key standalone and consolidated financial metrics:

Metric: Standalone FY26 Standalone FY25 Consolidated FY26 Consolidated FY25 Revenue from Operations (₹ cr): 1,460.33 1,605.43 1,460.33 1,605.43 Other Income (₹ cr): 134.73 126.91 134.73 126.91 Total Income (₹ cr): 1,595.06 1,732.34 1,595.06 1,732.34 Total Expenses (₹ cr): 1,562.66 1,684.35 1,562.66 1,684.35 Profit Before Tax (₹ cr): 31.21 600.55 31.45 600.86 Net Profit After Tax (₹ cr): 26.66 489.83 26.92 490.16 Basic EPS (₹): 1.29 23.72 1.30 23.73 Diluted EPS (₹): 1.29 23.72 1.30 23.73

Quarterly Performance

For the quarter ended March 31, 2026, the company reported standalone revenue from operations of ₹395.84 crore, compared to ₹359.02 crore in the corresponding quarter of the previous year. Standalone net profit for Q4 FY26 was ₹20.99 crore, against ₹11.48 crore in Q4 FY25. On a consolidated basis, net profit for the quarter stood at ₹21.04 crore versus ₹11.54 crore in Q4 FY25.

Segment-Wise Performance

The Polyester segment remained the dominant revenue contributor, generating ₹1,379.18 crore for FY26 compared to ₹1,457.86 crore in FY25. The Real Estate segment reported revenue of ₹18.70 crore in FY26 against ₹100.10 crore in FY25. The Retail/Textile segment posted revenue of ₹49.46 crore in FY26, up from ₹47.47 crore in FY25.

Segment: FY26 Revenue (₹ cr) FY25 Revenue (₹ cr) FY26 Segment Result (₹ cr) FY25 Segment Result (₹ cr) Real Estate: 18.70 100.10 (7.09) (36.31) Polyester: 1,379.18 1,457.86 (41.09) 27.46 Retail / Textile: 49.46 47.47 8.50 7.66

During the quarter ended March 31, 2026, the company received requisite regulatory approvals for the Three ICC real estate project. Project-related incidental expenditures previously classified under Capital Work-in-Progress were reclassified to Inventory (Work-in-Progress), with the total reclassified amount of ₹208.45 crore comprising ₹19.01 crore incurred up to March 31, 2025, and ₹189.44 crore incurred for the year ended March 31, 2026.

Dividend, AGM, and Book Closure

The Board recommended a final dividend of 20%, amounting to ₹0.40 per equity share of ₹2 each, for the financial year ended March 31, 2026, subject to declaration at the 146th Annual General Meeting (AGM). The AGM is scheduled to be held on Friday, August 7, 2026, through video conference or other audio-visual means.

Parameter: Details Dividend Rate: 20% (₹0.40 per equity share of ₹2 each) Record Date: Friday, July 31, 2026 Book Closure Period: Saturday, August 1, 2026 to Friday, August 7, 2026 (both days inclusive) AGM Date: Friday, August 7, 2026 AGM Mode: Video Conference / Other Audio Visual Means

Rights Issue Abandoned; Director Re-appointment Recommended

With reference to earlier intimations regarding the Board Meeting dated September 22, 2022, and the Rights Issue Committee Meeting dated October 03, 2022, the Board decided not to pursue the said Rights Issue after evaluating the overall circumstances. Consequently, the Rights Issue Committee constituted for the said purpose stands disbanded with immediate effect.

The Board also recommended, based on the recommendation of the Nomination and Remuneration Committee, the re-appointment of Mr. Rajesh Kumar Batra (DIN: 00020764) as Non-Executive Independent Director for a second term of 5 consecutive years, effective August 9, 2026 to August 8, 2031, subject to member approval. Mr. Batra is the Chairman and Managing Director of Cravatex Limited and serves as an Independent Director on the boards of two other listed companies. He is not related to any other Directors of the Company.

Exceptional Items and Legal Update

Exceptional items for the year ended March 31, 2026 amounted to ₹1.19 crore, comprising incremental provisions related to new labour codes (Gratuity: ₹1.29 crore; Compensated absences: ₹0.51 crore), provisions for expenses of ₹0.38 crore pertaining to litigated real estate matters, and a gain due to write-back of provision of ₹0.99 crore. Regarding the SEBI Order of October 21, 2022, the Securities Appellate Tribunal (SAT), by a majority decision on January 16, 2026, set aside the SEBI Order. SEBI has since challenged the SAT Order before the Hon'ble Supreme Court, and the matter is currently at the admission stage.

Bombay Dyeing and Manufacturing Company Limited has made a regulatory disclosure under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, informing stock exchanges of a significant development in an ongoing legal proceeding. The disclosure was made on May 7, 2026, and is signed by Company Secretary Sanjive Arora.

Background of the Regulatory Proceedings

The disclosure is a continuation of the company's previous communication dated January 16, 2026, in which it had informed the exchanges that the Hon'ble Securities Appellate Tribunal (SAT) had pronounced its Final Order, setting aside the order dated October 21, 2022 passed by the Securities and Exchange Board of India (SEBI). The key milestones in this regulatory matter are summarised below:

Event: Details SEBI Original Order: October 21, 2022 SAT Final Order (setting aside SEBI order): January 16, 2026 SEBI Challenge to SAT Order: Filed against SAT order dated January 16, 2026 Company Disclosure Date: May 7, 2026

SEBI Challenges SAT's Final Order

In the latest development, SEBI has challenged the SAT order dated January 16, 2026, which had originally ruled in favour of the company. Bombay Dyeing has stated that it is in the process of reviewing this development in consultation with its legal advisors and will take all necessary steps as may be required in accordance with applicable law.

Company's Stated Position

The company has reiterated its stance on the matter, maintaining that it has acted in compliance with applicable legal and regulatory requirements. Bombay Dyeing has affirmed that it will continue to appropriately defend its position in the aforesaid proceedings. The company has also committed to keeping the stock exchanges informed of any further material developments in the matter.

Disclosure Compliance

The regulatory update was submitted to both BSE Limited and the National Stock Exchange of India Ltd. in accordance with the disclosure obligations under SEBI (LODR) Regulations, 2015. The disclosure was digitally signed by Sanjive Arora, Company Secretary (Membership No.: F3814), on May 7, 2026.

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