Mishka Exim Ltd reported a significant increase in consolidated profit after tax to Rs 1.98 crore for FY 2025-26, up from Rs 0.34 crore in the previous year. The company recorded strong growth in its jewellery segment, though it decided against a dividend payout to prioritize working capital. Shareholders are set to vote on key board appointments and Rs 65 crore in related party transactions at the upcoming 12th Annual General Meeting on September 30, 2026.
Mishka Exim FY26 Profit Hits Rs 1.98 Crore
Profit After Tax rose to Rs 1.98 crore, while revenue growth was driven by the jewellery segment.
Reader Takeaway: Strong earnings growth provides momentum, but investors must weigh high related party transaction values against dividend suspension.
What just happened
Mishka Exim Ltd has released its financial results for FY 2025-26, showing a sharp rise in profitability. The company posted a standalone Profit After Tax (PAT) of Rs 1.97 crore compared to Rs 0.31 crore in the previous fiscal year. Total income surged to Rs 22.63 crore from Rs 4.97 crore in FY 2024-25. The company’s board has opted not to declare a dividend this year, citing a need to conserve liquidity for working capital.
Why this matters
The jump in profitability highlights the success of the company’s jewellery trading operations, which generated Rs 20.56 crore in revenue. However, the proposal for Rs 65 crore in material related party transactions for FY 2026-27 is a critical point of focus for minority shareholders. These transactions involve entities including Starlight Holdings and Saraswati Securities and will require shareholder approval at the upcoming Annual General Meeting (AGM).
Governance and Leadership
The company has undergone leadership transitions, including the appointment of Mrs. Sonal Goyal as Company Secretary and Compliance Officer in early 2026. The board is also seeking to re-appoint M/s Gaur & Associates as statutory auditors for a five-year term and proposes the appointment of Mr. Rakesh Aggarwal as a Non-Executive Independent Director.
What to track next
Investors should look for updates from the 12th AGM scheduled for September 30, 2026. The approval of the proposed related party transactions and the strategic use of working capital will be the primary drivers for future performance and shareholder sentiment.