Muller & Phipps India Ltd (501477)

Muller & Phipps (India) Limited has submitted its Annual Report for the financial year ended March 31, 2026 pursuant to Regulation 34 of SEBI LODR Regulations. The 109th Annual General Meeting (AGM) is scheduled to be held virtually on September 28, 2026, at 5:00 PM. Key agenda items include the adoption of FY26 financial statements, the reappointment of retiring director Mr. Raymond Simkins, and the reappointment of statutory auditors Shankarlal Jain & Associates LLP for a second term of 3 years. The cut-off date for remote e-voting eligibility is Friday, September 18, 2026.

• 109th Annual General Meeting convened for September 28, 2026, via Video Conferencing
• Cut-off/Record date for e-voting determined as September 18, 2026
• Remote e-voting period runs from September 25, 2026 (10:00 AM) to September 27, 2026 (5:00 PM)
• Ordinary resolution proposed to reappoint statutory auditor Shankarlal Jain & Associates LLP for a 3-year term (up to 112th AGM)

Muller & Phipps (India) Ltd reported a consolidated net profit of ₹11.45 lakhs for the quarter ended June 30, 2026, turning around from a net loss of ₹32.80 lakhs in Q4 FY26, though lower than ₹69.73 lakhs in Q1 FY26. Revenue from operations grew 60.2% YoY to ₹147.54 lakhs (₹1.48 crore) from ₹92.10 lakhs in the year-ago period. The statutory auditor drew attention to a going concern matter noting accumulated losses of ₹484.90 lakhs and a negative net worth of ₹196.21 lakhs as of June 30, 2026. The Board has also scheduled the 109th Annual General Meeting for September 28, 2026.

• Consolidated revenue from operations stood at ₹147.54 lakhs, up 60.2% YoY from ₹92.10 lakhs
• Consolidated net profit reached ₹11.45 lakhs vs a net loss of ₹32.80 lakhs in Q4 FY26
• Auditor flagged accumulated losses of ₹484.90 lakhs and negative net worth of ₹196.21 lakhs under Going Concern
• 109th Annual General Meeting scheduled for Monday, September 28, 2026

Muller & Phipps India Limited has scheduled its 109th Annual General Meeting (AGM) for Monday, September 28, 2026, via Video Conferencing/OAVM. The company fixed Friday, September 18, 2026, as the Record Date to determine member eligibility. Additionally, the Register of Members and Share Transfer Books will remain closed from September 21, 2026, to September 28, 2026 (both days inclusive). This is a routine administrative compliance notice with no financial or operational impact.

• 109th Annual General Meeting scheduled for September 28, 2026
• Record date fixed as Friday, September 18, 2026, for AGM participation
• Book closure period set from September 21, 2026, to September 28, 2026
• Meeting to be conducted virtually through VC / OAVM

Muller & Phipps India Ltd reported consolidated revenue from operations of ₹1.48 cr (₹147.54 lakhs) for the quarter ended June 30, 2026, up 60.2% YoY from ₹0.92 cr (₹92.10 lakhs). Consolidated net profit stood at ₹11.45 lakhs, improving from a net loss of ₹32.80 lakhs in Q4 FY26, but down from ₹69.73 lakhs in Q1 FY26. Statutory auditors issued a Going Concern note, citing accumulated losses of ₹4.86 cr (₹486.47 lakhs) and a negative net worth of ₹1.98 cr (₹197.78 lakhs).

• Revenue from operations rose 60.2% YoY to ₹147.54 lakhs versus ₹92.10 lakhs in Q1 FY26
• Consolidated net profit reached ₹11.45 lakhs, turning profitable QoQ against a net loss of ₹32.80 lakhs
• Other income of ₹31.50 lakhs supported profitability against operating expenses of ₹167.59 lakhs
• Auditor flagged going concern risks with negative net worth of ₹197.78 lakhs and accumulated losses of ₹486.47 lakhs

Muller & Phipps India reported consolidated revenue from operations of ₹147.54 lakhs for Q1 ended June 30, 2026, up 60.2% YoY from ₹92.10 lakhs, but slightly down QoQ from ₹150.34 lakhs. Consolidated net profit swung to positive ₹11.45 lakhs compared to a net loss of ₹32.80 lakhs in the preceding quarter (Q4 FY26). The statutory auditor included an emphasis of matter regarding going concern, citing accumulated losses of ₹484.90 lakhs and negative net worth of ₹196.21 lakhs. The board also scheduled the company's 109th AGM for September 28, 2026.

• Consolidated revenue from operations rose 60.2% YoY to ₹147.54 lakhs compared to ₹92.10 lakhs in Q1 FY26
• Consolidated net profit stood at ₹11.45 lakhs versus a net loss of ₹32.80 lakhs in Q4 FY26 and profit of ₹69.73 lakhs in Q1 FY26
• Auditor flagged going concern risk with accumulated losses of ₹484.90 lakhs and negative net worth of ₹196.21 lakhs as of June 30, 2026
• Total consolidated expenses for the quarter stood at ₹167.59 lakhs versus ₹129.58 lakhs in Q1 FY26
• Annual General Meeting scheduled for September 28, 2026, via video conferencing

Muller & Phipps India Ltd has scheduled a board meeting for August 14, 2026, to consider and approve the unaudited financial results for the quarter ended June 30, 2026. The board will also finalize the notice and schedule for the company's 109th Annual General Meeting (AGM) and approve the Director's Report for FY26. This announcement is routine but critical for a micro-cap company with a market capitalization of just ₹14 Cr and a negative net worth of ₹-2 Cr. Investors should note the company's TTM revenue of ₹6 Cr and its ongoing operating losses (OPM of -21.7%).

• Board meeting scheduled for August 14, 2026, to approve Q1 FY27 results.
• Agenda includes finalizing the 109th Annual General Meeting (AGM) details.
• Approval of the Director's Report for the financial year ended March 31, 2026, is pending.
• Company reported a negative net worth of ₹-2 Cr in the latest financial context.
• TTM revenue stands at ₹6 Cr with an operating profit margin of -21.7%.