Shri Vasuprada Plantations Ltd (538092)
Latest quarterly results (Q1 FY27)
In its latest reported quarter, Q1 FY27, Shri Vasuprada's revenue was ₹32.8 Cr (+16.3% year on year, +43.6% on the previous quarter), and net profit ₹-1.7 Cr (a smaller loss than a year earlier); the operating margin was 3.3%.
| Q1 FY27 (₹ Cr) | Value | YoY vs Q1 FY26 | QoQ |
|---|---|---|---|
| Revenue | ₹32.8 | +16.3% | +43.6% |
| Operating profit | ₹1.1 | from loss | -5.3% |
| Net profit | ₹-1.7 | loss narrowed | loss narrowed |
| EPS (₹) | -2.06 | loss narrowed | loss narrowed |
| Operating margin | 3.3% | — | — |
📢 Recent Corporate Announcements
Shri Vasuprada Plantations Limited has submitted a compliance certificate under Regulation 57(1) confirming timely payment of interest on its 9% Rated Listed Senior Secured Redeemable Non-Convertible Debentures (NCDs). The gross interest paid on the due date of September 21, 2026, was Rs 1,04,35,069 (Rs 93,91,560 net of TDS) on an issue size of Rs 23,00,00,000. The interest payment occurs on a half-yearly frequency. Meeting debt obligations is critical for the micro-cap tea producer, which reported total debt of Rs 60 Cr and a TTM net loss of Rs 4 Cr.
- Gross interest payment of Rs 1,04,35,069 made on the due date of September 21, 2026
- Net interest paid after TDS stood at Rs 93,91,560
- Pertains to 9% Senior Secured NCDs with an issue size of Rs 23,00,00,000 (ISIN: INE574G07010)
- Payment follows a half-yearly frequency with a record date of September 5, 2026
Shri Vasuprada Plantations Limited held its 152nd Annual General Meeting (AGM) on August 31, 2026, via Video Conferencing. Key ordinary business transacted included the adoption of standalone and consolidated financial statements for FY26 and the re-appointment of Mr. Hemant Bangur as Director. Special business included the ratification of the Cost Auditors' remuneration. Final voting results under Regulation 44(3) will be submitted separately upon receipt of the Scrutinizer's report.
- 152nd AGM held on August 31, 2026, via VC/OAVM
- Adoption of Audited Standalone and Consolidated Financial Statements for FY26 put to vote
- Re-appointment of Director Mr. Hemant Bangur considered under ordinary business
- Ratification of Cost Auditors' remuneration transacted as special business
Shri Vasuprada Plantations Ltd has announced that promoters holding 24,00,000 6% Non-Convertible Redeemable Preference Shares (NCRPS) have acquired voting rights for the upcoming AGM on August 31, 2026. This statutory shift occurs under Section 47(2) of the Companies Act because dividends on these shares (Rs 100 face value) have remained unpaid for three consecutive years. The preference capital involved totals Rs 24 Cr, which is significant compared to the company's Rs 84 Cr market capitalization and Rs 119 Cr net worth. This development underscores the company's current financial distress, reflected in its TTM net loss of Rs 7 Cr.
- 24,00,000 preference shares issued to promoters in FY 2022-23 now carry full voting rights
- Dividends at a 6% rate have remained unpaid for a consecutive period of 3 years
- Voting rights are directly proportional to the paid-up capital of preference vs equity shares
- The upcoming Annual General Meeting (AGM) is scheduled for August 31, 2026
- Total preference capital value stands at Rs 24 Cr against a net worth of Rs 119 Cr
Shri Vasuprada Plantations has released its FY26 Annual Report and scheduled its 152nd AGM for August 31, 2026. The company reported a net loss of Rs 7.0 Cr for FY26 on a revenue of Rs 144 Cr, a significant decline from the Rs 6.0 Cr profit in FY25. Key agenda items include the adoption of financial statements and the re-appointment of Mr. Hemant Bangur as a director. The company maintains a high promoter holding of 74.9% but faces financial pressure with a negative ROCE of -1.0% and debt of Rs 61 Cr.
- 152nd Annual General Meeting scheduled for August 31, 2026, via VC/OAVM.
- FY26 Net Loss of Rs 7.0 Cr against a revenue of Rs 144.0 Cr.
- Proposed Cost Auditor remuneration of Rs 1,50,000 for the financial year ending March 31, 2027.
- Book closure period for the AGM set from August 25, 2026, to August 31, 2026.
Shri Vasuprada Plantations Ltd has issued a notice for its 152nd Annual General Meeting (AGM) to be held on August 31, 2026. The agenda includes the adoption of FY26 audited financial statements, where the company reported a net loss of ₹7 crore on revenue of ₹144 crore. Shareholders will also vote on the re-appointment of Mr. Hemant Bangur as a Director and the ratification of ₹1.50 lakh remuneration for cost auditors for FY27. The company's share transfer books will remain closed from August 25 to August 31, 2026.
- 152nd Annual General Meeting scheduled for August 31, 2026, via video conferencing.
- Ratification of Cost Auditor remuneration proposed at ₹1,50,000 for the financial year ending March 31, 2027.
- Book closure period set from August 25, 2026, to August 31, 2026, for AGM purposes.
- Mr. Hemant Bangur, seeking re-appointment, holds 8,53,458 equity shares in the company.
- Company reported a TTM net loss of ₹7 crore and a negative ROCE of -1.0%.
Shri Vasuprada Plantations (formerly Joonktollee Tea) reported a standalone net loss of ₹2.09 crore for the quarter ended June 30, 2026, showing improvement from a loss of ₹5.06 crore in the same quarter last year. Revenue from operations grew 19.1% year-on-year to ₹32.25 crore, driven by the Rubber and Tea segments. The company confirmed it maintains a security cover of over 100% for its ₹23 crore outstanding listed NCDs. Despite the narrowed loss, the company remains under pressure with negative TTM PAT and ROCE.
- Revenue from operations increased to ₹32.25 crore in Q1 FY27 from ₹27.08 crore in Q1 FY26.
- Net loss narrowed significantly to ₹2.09 crore compared to a loss of ₹5.06 crore in the year-ago period.
- Rubber segment was the primary profit driver with a segment result of ₹3.20 crore on revenue of ₹10.07 crore.
- Tea segment reported a loss of ₹1.77 crore despite being the largest revenue contributor at ₹16.50 crore.
- Maintained 100% security cover for ₹23 crore of secured, rated, listed NCDs (ISIN: INE574G07010).
Shri Vasuprada Plantations reported a standalone net loss of ₹2.09 Cr for the quarter ended June 30, 2026, a significant improvement from the ₹5.06 Cr loss in the year-ago period. Revenue from operations grew 19.1% YoY to ₹32.25 Cr, supported by a strong performance in the Rubber segment which posted an EBIT of ₹3.20 Cr. However, the Tea and Coffee segments continued to be a drag, reporting EBIT losses of ₹1.77 Cr and ₹2.02 Cr respectively. The company remains highly leveraged with finance costs of ₹1.63 Cr for the quarter, though it maintained 100% security cover for its ₹23 Cr NCDs.
- Revenue from operations increased to ₹32.25 Cr in Q1 FY27 from ₹27.08 Cr in Q1 FY26.
- Net loss narrowed by 58.7% YoY to ₹2.09 Cr from ₹5.06 Cr.
- Rubber segment revenue reached ₹10.07 Cr with a segment profit of ₹3.20 Cr.
- Finance costs stood at ₹1.63 Cr, representing approximately 5% of quarterly revenue.
- Total Segment Assets reported at ₹228.42 Cr as of June 30, 2026.
Shri Vasuprada Plantations reported a narrowed standalone net loss of ₹2.09 crore for the quarter ended June 30, 2026, compared to a loss of ₹5.06 crore in the same period last year. Revenue from operations grew 19.1% YoY to ₹32.25 crore, supported by contributions from the Rubber and Coffee segments. Despite the improvement, the company remains loss-making at the bottom line with a negative EPS of ₹2.55. The company also confirmed compliance with all covenants for its ₹23 crore listed Non-Convertible Debentures (NCDs).
- Revenue from operations increased to ₹32.25 crore from ₹27.08 crore in the year-ago quarter.
- Net loss narrowed by approximately 58% YoY to ₹2.09 crore from ₹5.06 crore.
- Rubber segment revenue stood at ₹10.07 crore, contributing significantly to the top line.
- Finance costs remained stable at ₹1.63 crore compared to ₹1.52 crore in the previous year's corresponding quarter.
- Total segment assets were reported at ₹228.42 crore as of June 30, 2026.
Shri Vasuprada Plantations has scheduled a board meeting for August 5, 2026, to approve its unaudited financial results for the quarter ended June 30, 2026. The company is currently navigating a difficult financial period, with a TTM net loss of Rs 7 Cr and a significant quarterly loss of Rs 6.56 Cr reported in March 2026. With a market cap of Rs 85 Cr and debt of Rs 61 Cr, the upcoming results are critical to assess liquidity and operational efficiency. The stock has seen a 14.3% decline over the last 12 months, reflecting investor concerns over profitability.
- Board meeting scheduled for August 5, 2026, to review Q1 FY27 results
- Company reported a TTM revenue of Rs 144 Cr
- Net loss in the most recent quarter (March 2026) was Rs 6.56 Cr
- Total debt stands at Rs 61 Cr against a net worth of Rs 119 Cr
- Promoter holding remains stable at 74.9% as of June 2026
Shri Vasuprada Plantations Ltd has announced its 152nd Annual General Meeting (AGM) will be held on August 31, 2026. In preparation, the company will close its Register of Members and Share Transfer Books from August 25, 2026, to August 31, 2026. This is a standard regulatory procedure for listed entities to determine shareholder eligibility for the meeting. The company currently faces financial headwinds with a TTM net loss of Rs 7 Cr and a negative ROCE of -1.0%.
- Book closure period set for 7 days from August 25, 2026, to August 31, 2026
- 152nd Annual General Meeting scheduled for August 31, 2026, via video conferencing
- Company reported a TTM net loss of Rs 7 Cr on a revenue base of Rs 144 Cr
- Promoter holding remains stable at 74.9% as of June 2026
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