Asian Petroproducts & Exports Ltd (524434)
Latest quarterly results (Q1 FY27)
In its latest reported quarter, Q1 FY27, Asian Petroproducts' revenue was ₹37.7 Cr (+700.5% year on year, +276.7% on the previous quarter), and net profit ₹-0.1 Cr (against a profit a year earlier); the operating margin was -0.5%.
| Q1 FY27 (₹ Cr) | Value | YoY vs Q1 FY26 | QoQ |
|---|---|---|---|
| Revenue | ₹37.7 | +700.5% | +276.7% |
| Operating profit | ₹-0.2 | loss narrowed | loss widened |
| Net profit | ₹-0.1 | to loss | to loss |
| EPS (₹) | -0.04 | to loss | to loss |
| Operating margin | -0.5% | — | — |
📢 Recent Corporate Announcements
Asian Petroproducts & Exports Ltd has issued a revised EGM notice for an Extraordinary General Meeting scheduled for November 6, 2026. The key resolution seeks shareholder approval to convert up to Rs 9.60 crore of existing unsecured loans into 96,00,000 equity shares at Rs 10 each to promoter group entities. Along with warrants and public allotments, the total equity base is proposed to expand from 2.46 crore shares to up to 4.82 crore shares on a fully diluted basis. Post-conversion, promoter holding will increase from 56.86% to up to 69.70%.
- Conversion of Rs 9.60 crore unsecured loan into 96,00,000 equity shares at Rs 10 per share to promoter group
- Total dilution expands share capital from 2,45,57,916 shares to 4,81,57,916 shares post-warrant conversion
- Promoter shareholding to rise from 56.86% pre-issue to 69.70% on a fully diluted basis
- EGM scheduled for Friday, November 6, 2026, with Relevant Date set as October 7, 2026
Asian Petroproducts has issued an EGM notice for November 6, 2026, seeking shareholder approval for a major preferential issuance. The plan includes issuing up to 96,00,000 equity shares at Rs 10 per share (aggregating to Rs 9.60 crore) to promoters for conversion of existing unsecured loans. Additionally, the company plans to issue shares to public allottees and 1,00,00,000 convertible warrants, expanding its total share capital from 2.46 crore shares to 4.82 crore shares on a fully diluted basis. If fully converted, promoter holding will increase from 56.86% to 69.70%.
- Preferential issuance of up to 96,00,000 equity shares at par (Rs 10 each) to promoters via conversion of unsecured loans worth Rs 9.60 crore
- Total share count to rise from 2,45,57,916 shares to 4,81,57,916 shares upon full conversion of equity and 1,00,00,000 warrants
- Promoter and promoter group stake to rise from 56.86% to 69.70% on a fully diluted basis
- Extra-Ordinary General Meeting (EGM) scheduled for Friday, November 6, 2026, with Relevant Date set as October 7, 2026
Asian Petroproducts & Exports approved a substantial preferential issuance of equity shares and convertible warrants at par value of ₹10 per share. The plan includes issuing 96,00,000 equity shares to promoters via conversion of unsecured loans (worth ₹9.6 crore), 1,00,00,000 convertible warrants for cash to promoters (₹10 crore), and 40,00,000 equity shares for cash to non-promoter public investors (₹4 crore). Total proposed capital injection/conversion equals ₹23.6 crore, which is massive relative to its current market cap of ₹24 crore and net worth of ₹13 crore. An Extraordinary General Meeting (EGM) is scheduled for November 6, 2026, to seek shareholder approval.
- 96,00,000 equity shares of ₹10 each to be issued to promoters via unsecured loan conversion (₹9.6 crore)
- 1,00,00,000 convertible warrants of ₹10 each to be issued to promoters for cash consideration (₹10 crore)
- 40,00,000 equity shares of ₹10 each to be issued to non-promoter public investors for cash (₹4 crore)
- Total capital raised/converted totals ₹23.6 crore across 2.36 crore shares/warrants
- EGM scheduled for November 6, 2026, with the Relevant Date set as October 7, 2026
Asian Petroproducts & Exports Ltd has scheduled a Board meeting on October 15, 2026, to consider fundraising via preferential issues. The proposal includes issuing equity shares to promoters via conversion of unsecured loans, convertible warrants to promoters for cash, and equity shares to non-promoter public investors for cash. In addition, the Board will consider convening an Extraordinary General Meeting (EGM) to seek shareholder approval. The company currently holds a market cap of approximately Rs 24 Cr against TTM revenue of Rs 101 Cr.
- Board meeting scheduled on October 15, 2026 to evaluate multiple fundraise routes
- Proposal to issue equity shares to promoter/promoter group by converting unsecured loans
- Plan to issue convertible warrants for cash to promoters and equity shares for cash to non-promoters
- Shareholder approval to be sought via an Extraordinary General Meeting (EGM)
- Trading window closed from October 1, 2026 until 48 hours post Q2 FY27 results
Asian Petroproducts and Exports Limited has notified the closure of its Register of Members and Share Transfer Books from September 16, 2026 to September 22, 2026 (both days inclusive). The closure is being conducted pursuant to Regulation 42 of SEBI LODR Regulations for the upcoming 34th Annual General Meeting (AGM). The AGM is scheduled to take place on September 22, 2026.
- Book closure scheduled from September 16, 2026 to September 22, 2026 (both days inclusive)
- Convening the 34th Annual General Meeting of the company
- AGM date scheduled for September 22, 2026
Asian Petroproducts & Exports Ltd has scheduled its 34th Annual General Meeting (AGM) for Tuesday, September 22, 2026, at 2:30 PM IST via Video Conference / Other Audio Visual Means. The filing is a standard procedural intimation in compliance with SEBI Listing Regulations and MCA circulars. With a market cap of ₹24 Cr and TTM revenue of ₹101 Cr, this routine scheduling disclosure has no direct operational or financial impact.
- 34th Annual General Meeting scheduled for September 22, 2026
- Meeting to be held virtually at 02:30 PM IST via VC / OAVM
- Filing submitted under Regulation 30 of SEBI LODR Regulations, 2015
Asian Petroproducts & Exports Limited has scheduled its 34th Annual General Meeting (AGM) for Tuesday, September 22, 2026, at 02:30 p.m. IST via Video Conferencing / Other Audio Visual Means. The filing is a standard regulatory intimation pursuant to SEBI Listing Regulations. The company currently holds a market capitalization of ₹24 Cr with TTM revenue of ₹101 Cr.
- 34th Annual General Meeting scheduled for September 22, 2026
- Meeting to commence at 02:30 p.m. IST
- AGM to be conducted via Video Conferencing (VC) / Other Audio Visual Means (OAVM)
- Intimation filed under Regulation 30 of SEBI LODR Regulations
Asian Petroproducts & Exports Ltd reported a massive surge in Q1 FY27 revenue to ₹37.70 Cr, compared to just ₹4.71 Cr in Q1 FY26, representing over 55% of its entire TTM revenue in a single quarter. Despite this scale-up, the company swung to a net loss of ₹10.07 Lakhs from a profit of ₹13.73 Lakhs YoY, as expenses rose sharply. The auditor issued an 'Emphasis of Matter' regarding non-compliance with TDS provisions under the Income-tax Act, 2025. The results indicate a shift toward a high-volume, low-margin trading model that is currently unprofitable.
- Revenue from operations surged 700.3% YoY to ₹37.70 Cr from ₹4.71 Cr.
- Reported a net loss of ₹10.07 Lakhs for Q1 FY27 against a profit of ₹13.73 Lakhs in Q1 FY26.
- Purchases of stock-in-trade accounted for ₹36.39 Cr, or 96.5% of total revenue, indicating a low-margin trading business.
- Finance costs increased 130% YoY to ₹11.54 Lakhs from ₹5.00 Lakhs.
- Auditor flagged non-compliance with TDS deduction, deposit, and reporting requirements.
Asian Petroproducts reported a massive scale-up in operations for Q1 FY27, with revenue reaching Rs 37.70 Cr, a 700% increase from Rs 4.71 Cr in Q1 FY26. Despite the top-line growth, the company reported a net loss of Rs 10.07 Lakhs compared to a profit of Rs 13.73 Lakhs in the year-ago period. The surge is primarily driven by 'Purchases of stock-in-trade' amounting to Rs 36.39 Cr, indicating a high-volume, low-margin trading focus. Auditors have issued an 'Emphasis of Matter' regarding non-compliance with TDS provisions under the Income-tax Act.
- Revenue from operations surged to Rs 37.70 Cr in Q1 FY27 from Rs 4.71 Cr in Q1 FY26.
- Company reported a net loss of Rs 10.07 Lakhs for the quarter ended June 30, 2026.
- Purchases of stock-in-trade accounted for 95.8% of total expenses at Rs 36.39 Cr.
- Finance costs increased significantly to Rs 11.54 Lakhs from Rs 5.00 Lakhs YoY.
- Auditor flagged non-compliance with TDS deduction, deposit, and reporting requirements.
Asian Petroproducts & Exports has scheduled a board meeting on August 12, 2026, to approve its unaudited financial results for the quarter ended June 30, 2026. The company is a micro-cap with a market capitalization of Rs 24 Cr and TTM revenue of Rs 68 Cr. Investors will be monitoring for consistency in revenue, which has shown extreme volatility in recent quarters, ranging from Rs 4.71 Cr to Rs 43.71 Cr. The company reported a thin TTM PAT of Rs 1 Cr with operating margins near break-even at -0.1%.
- Board meeting scheduled for August 12, 2026, to review Q1 FY27 performance
- Trading window for designated persons remains closed from July 1, 2026, to August 14, 2026
- Company reported TTM revenue of Rs 68 Cr against a small market cap of Rs 24 Cr
- FY26 annual revenue stood at Rs 67.5 Cr, a significant increase from FY25's Rs 41.67 Cr
- Operating profit margin (OPM) remains a concern at -0.1% for the trailing twelve months
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