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Acknit Industries Ltd (530043)

📊 BSE: 530043 🏢 Other Textile Products 📢 Latest filing: 26 Aug 2026

Latest quarterly results (Q1 FY27)

In its latest reported quarter, Q1 FY27, Acknit Industries' revenue was ₹62.1 Cr (+12.3% year on year, -7.2% on the previous quarter), and net profit ₹2.2 Cr (+27.5% year on year); the operating margin was 7.9%.

Q1 FY27 (₹ Cr)	Value	YoY vs Q1 FY26	QoQ
Revenue	₹62.1	+12.3%	-7.2%
Operating profit	₹4.9	+24.1%	-23.0%
Net profit	₹2.2	+27.5%	-39.6%
EPS (₹)	7.17	+27.6%	-39.6%
Operating margin	7.9%	—	—

Full quarterly financials → Results calendar →

📢 Recent Corporate Announcements

Acknit Industries Withdraws AGM Resolution for Independent Director Following Demise

🟡 NEUTRAL ⭐ 2/10

MANAGEMENT 📅 26 Aug 2026, 08:11 PM

Acknit Industries Limited announced the withdrawal of a proposed resolution from its upcoming 36th Annual General Meeting agenda scheduled for 16th September 2026. The resolution was originally intended for the re-appointment of Mr. Shankar Lal Bajaj as an Independent Director for a second 5-year term starting 25th September 2026. Due to his demise on 21st August 2026, the resolution has become infructuous and will not be put to shareholder vote. The company will adjust its AGM documents accordingly.

Demise of Independent Director Mr. Shankar Lal Bajaj occurred on 21st August 2026.
Proposed resolution for a 5-year re-appointment from 25th September 2026 is withdrawn.
The 36th Annual General Meeting remains scheduled for 16th September 2026.
The resolution will not be put to vote or considered by members at the AGM.

💡 Track the composition of the Board of Directors in upcoming filings to verify compliance with independent director requirements under SEBI LODR regulations.

Acknit Industries Announces Demise of Independent Director Shankar Lal Bajaj

🟡 NEUTRAL ⭐ 2/10

MANAGEMENT 📅 26 Aug 2026, 08:07 PM

Acknit Industries Limited has reported the sad demise of its Independent Director, Mr. Shankar Lal Bajaj (DIN: 00619282), on 21st August 2026. The company received formal intimation of the demise on 26th August 2026 and immediately notified the exchanges. Consequently, Mr. Bajaj ceased to be a director on the board effective 21st August 2026. Acknit Industries stated that the resultant board vacancy will be filled within the legally stipulated timeline.

Independent Director Mr. Shankar Lal Bajaj passed away on 21st August 2026
Company received formal notification of demise on 26th August 2026
Cessation as director effective from 21st August 2026
Board vacancy to be filled within the timeline prescribed by applicable law

💡 Track subsequent exchange filings for the appointment of a new Independent Director to maintain required board composition under SEBI LODR rules.

Acknit Industries Fixes Sept 9, 2026 Record Date for ₹1.50 (15%) Final Dividend

🟡 NEUTRAL ⭐ 5/10

DIVIDEND 📅 20 Aug 2026, 05:59 PM

Acknit Industries has issued the notice for its 36th Annual General Meeting scheduled for September 16, 2026. The company proposed a final dividend of ₹1.50 per equity share (15% on face value of ₹10) for FY26, subject to shareholder approval. The record date to determine eligible shareholders is Wednesday, September 9, 2026, with share transfer books closed from September 10 to September 16, 2026.

Proposed final dividend of ₹1.50 per equity share (15% of face value ₹10) for FY26
Record date set for September 9, 2026 to determine dividend eligibility
Book closure scheduled from September 10, 2026 to September 16, 2026
36th Annual General Meeting to be conducted via VC/OAVM on September 16, 2026

💡 Investors seeking dividend entitlement must hold shares before the ex-dividend/record date of September 9, 2026, and track AGM shareholder voting outcomes on September 16, 2026.

Acknit Industries sets Sep 9 Record Date for Rs 1.50/share Dividend; 36th AGM on Sep 16, 2026

🟡 NEUTRAL ⭐ 5/10

DIVIDEND 📅 20 Aug 2026, 05:52 PM

Acknit Industries has issued the notice for its 36th Annual General Meeting scheduled for September 16, 2026, via Video Conferencing. The Board has recommended a final dividend of Rs 1.50 (15%) per equity share of face value Rs 10 for FY 2025-26. The record date to determine shareholder eligibility for the dividend payout has been fixed as September 9, 2026. The AGM agenda also includes the appointment and re-appointment of four Independent Directors.

Final dividend of Rs 1.50 (15%) per equity share of face value Rs 10 recommended for FY26
Record date for dividend eligibility fixed as September 9, 2026
36th Annual General Meeting scheduled on September 16, 2026
Share transfer register closed from September 10, 2026 to September 16, 2026
Special resolutions proposed for re-appointment/appointment of 4 Independent Directors for 5-year terms

💡 Track the ex-dividend date (likely on or before September 9, 2026) for dividend eligibility and monitor shareholder voting outcomes following the AGM on September 16, 2026.

Acknit Industries Issues FY26 Annual Report; Proposes Rs 1.50/Share Dividend, 36th AGM on Sep 16

🟡 NEUTRAL ⭐ 3/10

ROUTINE 📅 20 Aug 2026, 05:49 PM

Acknit Industries Limited has submitted its Annual Report for the financial year 2025-26 pursuant to Regulation 34 of SEBI LODR Regulations. The company's 36th Annual General Meeting is scheduled to be held on September 16, 2026, via video conferencing. The Board has recommended a final dividend of Rs 1.50 (15%) per equity share of face value Rs 10 for FY26, subject to shareholder approval. Key AGM agenda items also include the reappointment and appointment of multiple independent directors.

Published Annual Report for FY 2025-26 under Regulation 34 of SEBI LODR
36th Annual General Meeting convened for September 16, 2026, at 11:30 AM via VC/OAVM
Recommended final dividend of Rs 1.50 (15%) per equity share of Rs 10 face value for FY26
Proposed appointment/re-appointment of 4 Independent Directors for terms up to 2031

💡 Investors should track shareholder voting outcomes at the upcoming AGM on September 16, 2026, and monitor the dividend record date announcement.

Acknit Industries reports Q1 FY27 growth in revenue and profit despite geopolitical headwinds

🟢 POSITIVE ⭐ 6/10

EARNINGS 📅 10 Aug 2026, 03:23 PM

Acknit Industries approved its unaudited financial results for the quarter ended June 30, 2026. Management reported growth in both the top line (revenue) and bottom line (profit), despite ongoing adverse geopolitical situations in the Middle East. The company operates with a debt of Rs 71 Cr against a net worth of Rs 95 Cr, resulting in a D/E ratio of 0.75. Notably, promoter holding increased from 54.13% to 56.14% during the June 2026 quarter, indicating increased insider confidence.

Reported growth in both top line and bottom line for the quarter ended 30.06.2026
Promoter holding increased by 2.01% to 56.14% in the June 2026 quarter
Company maintains a net worth of Rs 95 Cr with a ROCE of 10.0%
Total debt reported at Rs 71 Cr as per latest financial context
Board meeting concluded within two hours, from 01:00 p.m. to 03:00 p.m. on 10-08-2026

💡 Investors should review the detailed financial tables (once fully available) to quantify the exact growth percentages and margin expansion. Monitor how the company manages logistics costs and export demand given the mentioned Middle East geopolitical risks.

Acknit Industries Reports Q1 FY27 Growth Despite Middle East Geopolitical Tensions

🟢 POSITIVE ⭐ 6/10

EARNINGS 📅 10 Aug 2026, 03:18 PM

Acknit Industries approved its unaudited financial results for the quarter ended June 30, 2026. The Board specifically noted growth in both the top line (revenue) and bottom line (profit) compared to previous periods. This performance is significant as it was achieved despite ongoing adverse geopolitical situations in the Middle East, which often impacts textile exports. The company currently operates with a market capitalization of Rs 94 Cr and a TTM P/E of 11.5.

Board approved unaudited financial results for the quarter ended June 30, 2026
Reported growth in both top line and bottom line despite Middle East geopolitical issues
Promoter holding increased to 56.14% in June 2026 from 54.13% in March 2026
The company maintains a TTM revenue of Rs 240 Cr with an operating margin of 7.3%
Board meeting concluded within 2 hours (01:00 p.m. to 03:00 p.m.)

💡 Investors should review the detailed P&L statement once the full tables are uploaded to verify the exact percentage of year-on-year growth in PAT, which stood at Rs 1.71 Cr in the same quarter last year (June 2025).

Acknit Industries to consider Q1 FY27 results on August 10, 2026

🟡 NEUTRAL ⭐ 2/10

BOARD_MEETING 📅 03 Aug 2026, 11:36 PM

Acknit Industries has scheduled a board meeting for August 10, 2026, to approve the unaudited financial results for the quarter ended June 30, 2026. The company, which operates in the textile products sector, reported a TTM revenue of ₹240 Cr and a PAT of ₹8 Cr. The trading window for designated persons has been closed since July 1, 2026, and will reopen 48 hours after the results are made public. This is a routine regulatory filing ahead of the quarterly earnings release.

Board meeting scheduled for August 10, 2026, to approve Q1 FY27 results.
Trading window for designated persons closed from July 1, 2026, to August 12, 2026.
Company reported a TTM revenue of ₹240 Cr and TTM PAT of ₹8 Cr.
Promoter holding increased from 54.13% in March 2026 to 56.14% in June 2026.

💡 Monitor the financial results on August 10 to assess if the company can maintain the operating profit margin, which stood at 7.3% for the TTM period.

Acknit Industries Appoints 2 New Independent Directors and Re-appoints 1 for 5-Year Terms

🟡 NEUTRAL ⭐ 4/10

MANAGEMENT 📅 14 Jul 2026, 06:48 PM

Acknit Industries has announced the appointment of two new Independent Directors, Mr. Tushar Jhunjhunwala and Mr. Amitava Mazumder, effective July 14, 2026. Additionally, the board has approved the re-appointment of Mr. Shankar Lal Bajaj for a second five-year term starting September 25, 2026. These directors bring significant experience, with Mr. Bajaj alone having approximately 63 years in accounts and taxation. All appointments are for five-year tenures and are subject to shareholder approval at the upcoming General Meeting.

Appointment of 2 new Additional Directors under the Independent category effective July 14, 2026
Re-appointment of Mr. Shankar Lal Bajaj for a second 5-year term starting September 25, 2026
Mr. Shankar Lal Bajaj brings approximately 63 years of experience in accounts and taxation
Mr. Amitava Mazumder brings about 50 years of experience in finance and logistics
Mr. Tushar Jhunjhunwala brings over 16 years of experience in real estate and logistics

💡 Investors should look for the upcoming General Meeting notice to confirm shareholder approval of these board appointments.

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