Kovalam Investment & Trading Company Limited has scheduled its 44th Annual General Meeting for September 25, 2026. While operational revenue grew to Rs 2.49 crore, the company reported a decline in Profit After Tax to Rs 1.35 crore. Shareholders will vote on key resolutions, including borrowing limits of up to Rs 100 crore and investments in solar power projects.
Kovalam Investment & Trading 44th AGM and FY26 Financial Overview
Revenue from operations stood at Rs 2.49 crore; Profit After Tax declined to Rs 1.35 crore.
Reader Takeaway: Revenue growth marked the year, but rising costs impacted profitability; key borrowing and investment resolutions await shareholder approval.
What just happened
Kovalam Investment & Trading Company Ltd has officially convened its 44th Annual General Meeting, set for September 25, 2026, via video conferencing. The meeting will address financial performance for FY 2025-26 and seek shareholder approval for several significant business resolutions.
Why this matters
The company, which operates as an NBFC, is seeking authorization to increase its financial flexibility. Proposed special resolutions include raising borrowing limits to Rs 100 crore under Section 180(1)(c) and securing approval for investments and loans up to Rs 100 crore. These measures aim to support the company’s capital allocation strategy and related party transactions for the upcoming fiscal year.
Financial Summary
In FY 2025-26, the company recorded revenue from operations of Rs 2.49 crore, up from Rs 2.17 crore in the previous year. However, net profitability faced pressure, with Profit After Tax (PAT) settling at Rs 1.35 crore compared to Rs 1.64 crore in FY 2024-25. Consequently, Earnings Per Share (EPS) dropped to Rs 6.05 from Rs 7.40.
Business Update
The company continues to manage a portfolio of shares, loans, and advances. Notably, the firm is participating in the PM KUSUM 'A' Scheme for a 02 MW solar power project in collaboration with Madhya Pradesh Urja Vikas Nigam Limited. The board reported that no income has been generated from this solar project as of the reporting date.
Governance and Appointments
Sh. Navdeep Sharma is seeking reappointment as a Non-Executive Director by rotation. The company confirmed that statutory auditors reported zero instances of fraud during the fiscal year. As of March 31, 2026, the company maintains no subsidiaries, joint ventures, or associate companies.