Angel Fibers Ltd (541006)
Latest quarterly results (H2 FY26)
In its latest reported quarter, H2 FY26, Angel Fibers' revenue was ₹101 Cr (+1.0% year on year, -8.2% on the previous half-year), and net profit ₹0.0 Cr (-100.0% year on year); the operating margin was 4.0%.
| H2 FY26 (₹ Cr) | Value | YoY vs H2 FY25 | vs prev. half |
|---|---|---|---|
| Revenue | ₹101 | +1.0% | -8.2% |
| Operating profit | ₹4.0 | -20.0% | +0.0% |
| Net profit | ₹0.0 | -100.0% | -100.0% |
| EPS (₹) | -0.18 | to loss | to loss |
| Operating margin | 4.0% | — | — |
📢 Recent Corporate Announcements
Angel Fibers Limited announced the voting results of its 13th Annual General Meeting held on August 22, 2026. Shareholders approved all seven resolutions with 100% of votes polled in favour, representing 82.03% total voter turnout (20,508,380 votes out of 25,000,000 shares). Key approvals include the reappointment of Mr. Rutvikkumar Prabhudas Bhensdadiya as Non-Executive Independent Director for a second 5-year term, alongside the adoption of FY26 financial statements and material related-party transactions.
- 100% votes in favour for all 7 resolutions presented at the 13th AGM
- Overall voter turnout recorded at 82.03% (20,508,380 out of 25,000,000 total shares)
- Reappointment of Mr. Rutvikkumar Prabhudas Bhensdadiya as Independent Director for a 5-year second term approved
- Material Related Party Transactions approved with Redeco Fibers, Haripriya Spinning Mill, and Murlidhar Worldtrade
Angel Fibers Limited held its 13th Annual General Meeting on August 22, 2026, at its registered office in Jamnagar. Key agenda items placed for voting included the adoption of FY26 financial statements and approval of material related party transactions with Redeco Fibers, Haripriya Spinning Mill, and Murlidhar Worldtrade. Management addressed reasons for the decline in FY26 profitability while expressing optimism for the current year. The meeting concluded within 45 minutes without any shareholder queries raised.
- 13th AGM concluded on August 22, 2026, running from 11:00 AM to 11:45 AM
- Material Related Party Transactions proposed with three entities: Redeco Fibers, Haripriya Spinning Mill, and Murlidhar Worldtrade
- Proposal for reappointment of Rutvikkumar Prabhudas Bhensdadiya as Non-Executive Independent Director for a second 5-year term
- Statutory Auditor's Report for FY 2025-26 confirmed to contain no qualifications or adverse observations
Angel Fibers Ltd has announced its Annual General Meeting (AGM) for FY 2025-26, scheduled for August 22, 2026, in Jamnagar. The company is providing a web-link for the Annual Report to shareholders whose email addresses are not registered. Remote e-voting is scheduled from August 19 to August 21, 2026. This follows a fiscal year where the company generated Rs 212 Cr in revenue but only Rs 1 Cr in net profit, reflecting thin margins of 4.0%.
- Annual General Meeting (AGM) scheduled for Saturday, August 22, 2026, at 11:00 A.M.
- Remote e-voting period set from August 19, 2026 (9:00 AM) to August 21, 2026 (5:00 PM).
- Cut-off date for notice dispatch was Friday, July 24, 2026.
- Annual Report for FY 2025-26 made available via digital link for shareholders without registered emails.
- Company maintains a high promoter holding of 73.91% as of March 2026.
Angel Fibers Ltd has scheduled its Annual General Meeting (AGM) for August 22, 2026, to review the company's performance for the 2025-26 financial year. The company is providing a web-link to the Annual Report for shareholders whose email addresses are not currently registered with depositories. This follows a fiscal year where the company reported a revenue of ₹212.0 crore and a net profit of ₹1.0 crore. Remote e-voting for the meeting is scheduled to take place from August 19 to August 21, 2026.
- Annual General Meeting (AGM) scheduled for Saturday, August 22, 2026, at 11:00 A.M. in Jamnagar.
- Remote e-voting period begins on August 19, 2026 (09:00 A.M.) and ends on August 21, 2026 (05:00 P.M.).
- Cut-off date for notice dispatch was Friday, July 24, 2026.
- Annual Report for FY 2025-26 made available via web-link for shareholders without registered email IDs.
- Company reported FY26 revenue of ₹212.0 crore with a thin operating margin of 4.0%.
Angel Fibers reported a 5.28% increase in turnover for FY26, reaching Rs 212 Cr, although profitability declined due to margin fluctuations. A significant positive is the approximately 27% reduction in finance costs, indicating improved debt management. The company is seeking shareholder approval for material related party transactions with Redeco Fibers Private Limited at the upcoming AGM on August 22, 2026. Despite a small market cap of Rs 31 Cr, the company maintains a high promoter holding of 73.91%.
- Turnover increased by 5.28% in FY26 compared to the previous financial year
- Finance costs declined by approximately 27%, strengthening the company's financial soundness
- Total loans from related parties stood at Rs 16.48 Cr as of March 31, 2026
- Defined benefit obligation for gratuity increased to Rs 74.04 Lakhs from Rs 46.17 Lakhs
- 13th Annual General Meeting (AGM) scheduled for August 22, 2026, to approve material RPTs
Angel Fibers has scheduled its 13th Annual General Meeting (AGM) for August 22, 2026. The key agenda involves seeking shareholder approval for material Related Party Transactions (RPTs) with three entities—Redeco Fibers, Haripriya Spinning Mill, and Murlidhar Worldtrade—each with a limit of ₹100 crore for FY26-27. These proposed limits are substantial, totaling ₹300 crore against the company's FY26 revenue of ₹212 crore. Other business includes the re-appointment of Mr. Pankaj Bhimani as Executive Director and Mr. Rutvikkumar Bhensdadiya as Independent Director.
- 13th AGM scheduled for August 22, 2026, at the company's registered office in Jamnagar, Gujarat.
- Proposed Related Party Transaction (RPT) limit of ₹100 crore for Redeco Fibers Private Limited for FY26-27.
- Proposed RPT limit of ₹100 crore for Haripriya Spinning Mill Private Limited for FY26-27.
- Proposed RPT limit of ₹100 crore for Murlidhar Worldtrade Private Limited for FY26-27.
- Total proposed RPT limits of ₹300 crore represent approximately 141% of the company's FY26 revenue of ₹212 crore.
Angel Fibers has scheduled its 13th Annual General Meeting (AGM) for August 22, 2026, to discuss the FY 2025-26 performance. The board has approved the draft Directors' report for a year where revenue stood at Rs 212 Cr with a thin net profit of Rs 1 Cr. A significant agenda item is the re-appointment of Mr. Rutvikkumar Prabhudas Bhensdadiya as an Independent Director for a second five-year term. Administrative arrangements, including NSDL for e-voting and SCS and CO LLP as scrutinizers, have also been finalized.
- 13th Annual General Meeting (AGM) to be held on August 22, 2026
- Re-appointment of Mr. Rutvikkumar Bhensdadiya as Independent Director for a 5-year term until September 2, 2031
- Approved Draft Directors' report for FY 2025-26 (Revenue: Rs 212 Cr, PAT: Rs 1 Cr)
- Board meeting conducted on July 30, 2026, lasting 1 hour and 15 minutes
- Appointment of NSDL as the remote e-voting agency for the upcoming AGM
Financial Performance
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