Amarjothi Spinning Mills Ltd (521097)
Latest quarterly results (Q1 FY27)
In its latest reported quarter, Q1 FY27, Amarjothi Spinning's revenue was ₹75.6 Cr (+43.9% year on year, -20.0% on the previous quarter), and net profit ₹3.2 Cr (+24.1% year on year); the operating margin was 11.0%.
| Q1 FY27 (₹ Cr) | Value | YoY vs Q1 FY26 | QoQ |
|---|---|---|---|
| Revenue | ₹75.6 | +43.9% | -20.0% |
| Operating profit | ₹8.3 | +15.0% | -21.2% |
| Net profit | ₹3.2 | +24.1% | -41.8% |
| EPS (₹) | 4.78 | +24.2% | -41.8% |
| Operating margin | 11.0% | — | — |
📢 Recent Corporate Announcements
Amarjothi Spinning Mills held its 38th Annual General Meeting on August 28, 2026. Key resolutions tabled included the adoption of FY26 financial statements and approval of a final dividend of Rs 2.20 per share (recommended on May 29, 2026). Shareholders also considered the re-appointment of Sri R. Premchander as Managing Director and Sri R. Jaichander as Whole Time Director. Formal voting results under Regulation 44 will follow separately.
- Conducted 38th Annual General Meeting on August 28, 2026
- Tabled approval for Final Dividend of Rs 2.20 per share for FY26
- Considered re-appointment of Sri R. Premchander as Managing Director
- Considered re-appointment of Sri R. Jaichander as Whole Time Director
- Ratification of remuneration for Cost Auditor for FY27
Amarjothi Spinning Mills Limited conducted its 38th Annual General Meeting (AGM) on August 28, 2026, with 69 members attending via video conferencing. Shareholders approved all agenda items with requisite majority, including the declaration of a final dividend of ₹2.20 per equity share for FY26. Other approved resolutions include the re-appointment of Sri R. Premchander as Managing Director and Sri R. Jaichander as Whole Time Director. The auditor's reports on standalone and consolidated financials for the year ended March 31, 2026, contained no qualifications.
- Final dividend of ₹2.20 per share approved for FY26
- 69 total members attended the virtual AGM (7 promoter group, 62 public members)
- Re-appointment of Managing Director (R. Premchander) and Whole Time Director (R. Jaichander) passed
- Financial statements and secretarial audit for FY26 adopted with zero qualifications
Amarjothi Spinning Mills Limited conducted its 38th Annual General Meeting (AGM) on August 28, 2026, with 69 members in attendance. Shareholders approved all agenda items with the requisite majority, including the declaration of a final dividend of ₹2.20 per share for FY26. The meeting also approved the re-appointment of Managing Director Sri R. Premchander and Whole Time Director Sri R. Jaichander, alongside adopting the unqualified annual financial statements.
- Approved final dividend of ₹2.20 per share recommended on May 29, 2026
- Adopted FY26 audited financial statements with clean, unqualified statutory and secretarial audit reports
- Re-appointed Sri R. Premchander as Managing Director and Sri R. Jaichander as Whole Time Director
- Total of 69 members attended the virtual AGM (7 promoter group, 62 public members)
Amarjothi Spinning Mills has completed the dispatch of physical letters containing the weblink to the FY 2025-26 Annual Report for shareholders without registered email addresses. The 38th Annual General Meeting (AGM) is scheduled for August 28, 2026, at 11:00 AM via video conferencing. This follows a fiscal year where the company generated Rs 222 Cr in revenue and Rs 12 Cr in PAT. The filing is a standard procedural requirement under SEBI (LODR) Regulations.
- 38th Annual General Meeting scheduled for August 28, 2026, at 11:00 AM
- Dispatch of weblink letters to non-registered email holders completed on July 31, 2026
- Shareholding records for email notification were finalized as of July 24, 2026
- Company reported TTM revenue of Rs 222 Cr and a PAT of Rs 12 Cr
- Promoter holding remains stable at 60.08% as of March 2026
Amarjothi Spinning Mills has released its FY25-26 Annual Report, confirming a recommended final dividend of Rs 2.20 per share (22% of face value). The 38th Annual General Meeting (AGM) is set for August 28, 2026, via video conferencing. Key management re-appointments include Managing Director Sri. R. Premchander for a five-year term starting September 1, 2026. Financial notes reveal a significant 45.8% increase in consolidated trade receivables to Rs 50.49 Cr, up from Rs 34.63 Cr in the previous year.
- Final dividend of Rs 2.20 per share recommended for 67,50,000 equity shares.
- Consolidated trade receivables increased to Rs 50.49 Cr as of March 31, 2026, from Rs 34.63 Cr YoY.
- Managing Director R. Premchander re-appointed for 5 years with a monthly salary of Rs 60,000 plus commission up to 5.5% of net profits.
- Book closure for dividend eligibility set from August 22, 2026, to August 28, 2026.
- Total dividend payout for the financial year amounts to Rs 1.485 Cr.
Amarjothi Spinning Mills has issued a notice for its 38th Annual General Meeting (AGM) scheduled for August 28, 2026. The company has recommended a final dividend of ₹2.20 per share (22% of face value), representing a yield of approximately 1.3% at current prices. Key agenda items include the re-appointment of Managing Director Sri. R. Premchander and Whole Time Director Sri. R. Jaichander for five-year terms. The total dividend payout is estimated at ₹1.485 crore against an FY26 PAT of ₹10 crore.
- Final dividend of ₹2.20 per share recommended for 67,50,000 equity shares
- Record date for dividend eligibility set as August 21, 2026
- Re-appointment of MD R. Premchander for 5 years effective September 1, 2026
- Re-appointment of WTD R. Jaichander for 5 years effective December 1, 2026
- Management commission capped at 5.5% of net profits for each executive director
Amarjothi Spinning Mills Ltd has submitted its Investor Grievance Redressal Report for the quarter ended June 30, 2026. The company reported zero complaints pending at the start of the quarter, zero complaints received during the period, and zero complaints unresolved at the end of the quarter. This is a routine regulatory filing under SEBI (LODR) Regulations, 2015, confirming standard administrative compliance for the Rs 114 Cr market cap company.
- 0 investor complaints were pending at the beginning of the quarter on April 1, 2026
- 0 investor complaints were received during the three-month period ending June 30, 2026
- 0 investor complaints remained unresolved as of the reporting date of June 30, 2026
- The report was certified by Cameo Corporate Services Limited, the company's Registrar and Share Transfer Agent
Amarjothi Spinning Mills has approved the re-appointment of its core leadership team to ensure management continuity. Sri. R. Premchander (Managing Director) and Sri. R. Jaichander (Whole Time Director), who are brothers, have been re-appointed for five-year terms starting September 1, 2026, and December 1, 2026, respectively. Collectively, these two directors hold approximately 3.77 million shares, representing a significant portion of the 60.1% promoter stake. These appointments are subject to shareholder approval at the upcoming Annual General Meeting.
- Re-appointment of Managing Director R. Premchander for a 5-year term effective September 1, 2026
- Re-appointment of Whole Time Director R. Jaichander for a 5-year term effective December 1, 2026
- MD R. Premchander holds 1,858,043 equity shares and has 39 years of industry experience
- WTD R. Jaichander holds 1,912,880 equity shares and has 33 years of industry experience
- Sri. N. Radhakrishnan re-appointed as Non-Executive Director for a 1-year term until the 2027 AGM
Amarjothi Spinning Mills has approved the re-appointment of its core leadership team to ensure management continuity. Sri. R. Premchander (Managing Director) and Sri. R. Jaichander (Whole Time Director), who are brothers, have been re-appointed for five-year terms starting September and December 2026, respectively. Both individuals hold significant equity stakes, with the MD holding 1,858,043 shares and the WTD holding 1,912,880 shares. These appointments are subject to shareholder approval at the upcoming Annual General Meeting.
- Re-appointment of Managing Director R. Premchander for a 5-year term effective September 1, 2026
- Re-appointment of Whole Time Director R. Jaichander for a 5-year term effective December 1, 2026
- MD R. Premchander holds 1,858,043 equity shares, representing a significant portion of the 60.1% promoter holding
- WTD R. Jaichander holds 1,912,880 equity shares and has over 33 years of experience in production planning
- Non-Executive Director N. Radhakrishnan re-appointed for a 1-year term until the 2027 AGM
Amarjothi Spinning Mills has rescheduled its 38th Annual General Meeting (AGM) to August 28, 2026. The company has fixed August 21, 2026, as the revised record date to determine eligibility for a final dividend of Rs 2.20 per share (22% of face value). Based on the current market price of Rs 180.8, this represents a dividend yield of approximately 1.2%. The dividend, if approved at the AGM, will be paid within 30 days of declaration.
- Final dividend of Rs 2.20 per share (22% on face value) recommended for FY 2025-26
- Revised Record Date for dividend eligibility set for August 21, 2026
- 38th Annual General Meeting rescheduled to August 28, 2026, via video conferencing
- Book closure period fixed from August 22, 2026, to August 28, 2026
- E-voting period scheduled from August 25, 2026, to August 27, 2026
Amarjothi Spinning Mills has revised its 38th Annual General Meeting (AGM) date to August 28, 2026. In conjunction, the company has fixed August 21, 2026, as the record date for a final dividend of Rs 2.20 per share (22% of face value). The book closure period is now set from August 22 to August 28, 2026. Based on the current market price of Rs 180.8, this represents a dividend yield of approximately 1.2%.
- Final dividend of Rs 2.20 per share (22% of face value) for the financial year 2025-26.
- Record date for determining dividend eligibility is fixed as August 21, 2026.
- AGM rescheduled to August 28, 2026, at 11:00 AM via Video Conferencing.
- Book closure period revised to August 22, 2026, through August 28, 2026.
- E-voting window for shareholders set from August 25 to August 27, 2026.
Amarjothi Spinning Mills has rescheduled its 38th Annual General Meeting (AGM) to August 28, 2026, from the previously planned date. The company confirmed a final dividend of 22% (Rs 2.20 per share) for the financial year 2025-26, which is subject to shareholder approval at the meeting. The record date to determine eligibility for this dividend is fixed as August 21, 2026. Based on the current market price of Rs 180.8, this represents a dividend yield of approximately 1.2%.
- Final dividend declared at Rs 2.20 per share (22% on face value of Rs 10)
- Record date for dividend eligibility set for August 21, 2026
- AGM rescheduled to August 28, 2026, at 11:00 a.m. via Video Conferencing
- Book closure period from August 22, 2026, to August 28, 2026
- E-voting window open from August 25 to August 27, 2026
Amarjothi Spinning Mills issued a corrigendum on July 27, 2026, to rectify a clerical error in its FY26 PDF financial results where FY24 figures were incorrectly used as FY25 comparatives. The company clarified that the XBRL filing was already accurate and the current year's financial performance, including the Q4 revenue of Rs 94.48 crore, remains unchanged. The board has confirmed a dividend of Rs 2.20 per share (22% of face value) with a record date of August 20, 2026. The company also confirmed it does not meet the 'Large Corporate' criteria with zero qualified borrowings.
- Corrected a typographical error in the PDF P&L sheet where March 2024 values were used instead of March 2025.
- Confirmed a dividend of Rs 2.20 per share (22%) for the financial year ended March 31, 2026.
- Fixed the record date for dividend and AGM eligibility as August 20, 2026.
- Reported Q4 FY26 revenue of Rs 94.48 crore, which accounts for ~42% of the TTM revenue of Rs 222 crore.
- Declared zero outstanding qualified borrowings as of March 31, 2026, under Large Corporate disclosure norms.
Amarjothi Spinning Mills has issued a corrigendum regarding its Q4 and FY26 consolidated financial results to fix a typographical error in the PDF P&L sheet. The error involved displaying March 2024 figures in the March 2025 comparative column; the company clarified that the XBRL filing was already correct. The board reconfirmed a dividend of Rs 2.20 per share (22% of face value) for FY26. The Annual General Meeting (AGM) is scheduled for August 27, 2026, with a dividend cut-off date of August 20, 2026.
- Corrected March 2025 comparative figures in the PDF P&L sheet which previously incorrectly showed March 2024 data
- Board recommended a dividend of Rs 2.20 per share, representing 22% of the Rs 10 face value
- AGM scheduled for August 27, 2026, with book closure from August 21 to August 27, 2026
- Company confirmed zero outstanding qualified borrowings as of March 31, 2026, under Large Corporate criteria
- XBRL filing previously submitted on May 29, 2026, was confirmed to be accurate and requires no revision
Amarjothi Spinning Mills approved its Q1 FY27 (June 2026) financial results and confirmed management continuity by re-appointing the Managing Director and Whole Time Director for five-year terms. The company rescheduled its 38th Annual General Meeting to August 28, 2026, and fixed August 21, 2026, as the record date for dividend eligibility. Additionally, the board corrected a clerical error in the March 2026 consolidated filing where FY24 figures were mistakenly used instead of FY25 comparatives.
- Re-appointment of Managing Director Sri. R. Premchander for a 5-year term effective September 1, 2026.
- Re-appointment of Whole Time Director Sri. R. Jaichander for a 5-year term effective December 1, 2026.
- Dividend record date finalized for August 21, 2026, with book closure from August 22 to August 28.
- AGM rescheduled to August 28, 2026, from the previously announced August 27.
- Correction of a clerical error in the March 2026 PDF filing regarding comparative consolidated figures.
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