Arex Industries Q1 FY26 results: ₹11.27 cr revenue

Key numbers and why the update matters

Arex Industries Ltd, a textile label manufacturer, reported its first-quarter results alongside several corporate actions cleared at a board meeting. The quarter showed revenue from operations of ₹11.27 crore and a net profit of ₹0.25 crore, with basic EPS at ₹0.69. The company also disclosed upcoming shareholder processes for leadership reappointments and the timetable for its 36th AGM. Separately, exchange filings referenced audited annual results for the year ended March 31, 2026 and a board meeting on May 21, 2026 to consider those numbers and a possible dividend recommendation. For investors, the mix of operating performance updates, governance items, and strategic expansion into packaging provides multiple decision points across FY26.

Q1 (unaudited) financial performance

In the reported first quarter, revenue from operations stood at ₹11.27 crore, while total income was marginally higher at ₹11.27 crore. Total expenses were ₹10.93 crore, resulting in profit before tax of ₹0.34 crore. Net profit came in at ₹0.25 crore, and EPS (basic and diluted) was reported at ₹0.69.

The disclosure framed the business as a manufacturer of woven and printed labels used by garment manufacturers. The quarter’s profitability indicates a positive bottom line in the period cited, even as other quarter comparisons in the dataset show volatility across periods. The company’s announcements also linked results with decisions on leadership continuity and a planned product adjacency.

Latest quarter comparison: March 2026 vs Dec 2025 vs March 2025

A separate results table for the quarter ended March 2026 showed total revenue at ₹12.43 crore, down 4.3% quarter-on-quarter from ₹12.99 crore and down 2.0% year-on-year from ₹12.68 crore. Operating profit for March 2026 was ₹1.40 crore compared with ₹1.52 crore in Dec 2025 and ₹1.76 crore in March 2025. Net profit for the March 2026 quarter was a loss of ₹0.03 crore versus a profit of ₹0.26 crore in both the immediately preceding quarter and the year-ago quarter.

The same table reported adjusted EPS at -₹0.07 for the latest quarter, compared with ₹0.72 in Dec 2025 and ₹0.72 in March 2025. Another data line in the provided material also referenced EPS (TTM) of 4.12. Taken together, the dataset points to a swing into a small quarterly loss in March 2026, even as trailing metrics remain positive.

Board meeting on May 21, 2026: audited results and dividend consideration

Arex Industries informed BSE that a meeting of the board of directors was scheduled on 21/05/2026. The agenda included consideration and approval of audited financial results for the quarter and year ended 31st March, 2026. The board was also set to consider and recommend a dividend on equity shares for the financial year ended 31st March, 2026, along with other incidental matters.

The company also noted a correction to an earlier announcement where the subject line had mistakenly referred to results for the quarter ended 31st December, 2026 instead of 31st December, 2025. Such clarifications are typically important for record integrity on exchange disclosures, especially when multiple quarter references exist in public feeds.

Managing Director reappointments: names and tenure

In the board decisions referenced with the Q1 release, Arex Industries approved the reappointment of three Managing Directors, subject to shareholder approval. The three individuals listed were Mr. Dinesh Apparao Bilgi, Mr. Neel Dinesh Bilgi, and Mr. Chirag Dinesh Bilgi. Each term was stated as running from August 1, 2026 to July 31, 2029.

These approvals are to be routed through shareholder consent, aligning with typical governance processes for director appointments and renewals. The outcome will be shaped by voting at the AGM and related e-voting participation.

AGM schedule, book closure, and e-voting window

The 36th Annual General Meeting (AGM) of Arex Industries was scheduled for September 29, 2025 and was to be conducted via video conferencing. The company set book closure from September 23 to September 29, 2025 (both days inclusive). The cut-off date was September 22, 2025.

E-voting for the AGM was to be available from September 26, 2025 at 9:00 a.m. through September 28, 2025. These dates define the eligibility and participation framework for shareholders, including votes on items such as director reappointments.

Packaging expansion: MoA amendment and business direction

The company indicated plans to expand into packaging materials. The update also referenced that the MoA was amended for the packaging business. While the provided material does not quantify the investment size or rollout timeline, the stated intent signals a move into an adjacent category to its existing textile label manufacturing base.

For context, Arex Industries was described as incorporated in 1989 and engaged in manufacturing and trading woven and printed labels used by garment manufacturers. The packaging entry, as described, broadens the addressable product set without changing the underlying theme of supplying materials linked to consumer goods and apparel supply chains.

Stock snapshot and valuation metrics cited

In one market data snapshot, the stock was shown at ₹117.90, up 4.80% for the day, with a day’s range of ₹113.00 to ₹118.00 and a 52-week range of ₹95.50 to ₹165.70. The same snapshot listed a P/E ratio of 28.62, price-to-book of 1.52, debt-to-equity of 38.22%, ROE of 5.55%, and dividend yield of 0.00%. EBITDA was shown as ₹7.25 crore (listed as 72.52M in the feed).

A separate dataset in the provided material also listed market cap at ₹63.0 crore and a current price of ₹159, along with dividend yield of 0.00%. The article inputs include multiple market snapshots from different feeds, so readers should align any price reference with the specific timestamp and source.

Buyback reference from August 2024 filing

An exchange filing excerpt referenced a board approval dated 6th August, 2024 for a buyback of up to 3,60,000 fully paid-up equity shares of face value ₹10 each. The quantity was described as representing 9.09% of the total number of equity shares. The buyback price was ₹195 per share for a total consideration not exceeding ₹7.02 crore (excluding transaction costs and taxes). The excerpt also referenced that this represented 22.45% of the total paid-up equity share capital and free reserves as per audited financial statements for the year ended March 31, 2024.

Summary tables

Market impact and what to track next

The data shows two distinct threads for tracking: operating performance across quarters and the schedule of corporate actions. Quarterly revenue in the March 2026 comparison table declined modestly on both QoQ and YoY bases, while profitability swung to a small loss and EPS turned negative for that quarter. On the governance side, the May 21, 2026 board meeting agenda explicitly included audited results and a dividend recommendation discussion, which is a defined near-term catalyst in the company’s disclosure calendar.

Shareholder timelines are also clearly laid out in the AGM schedule, including eligibility cut-off and e-voting dates. Any outcomes relating to managing director reappointments will depend on shareholder approval. Finally, the packaging expansion plan and the stated MoA amendment are strategic changes to watch for further details in subsequent filings, especially if the company later discloses capex, product mix, or customer additions.

Conclusion

Arex Industries reported Q1 revenue of ₹11.27 crore and net profit of ₹0.25 crore, while separate quarter data for March 2026 showed a revenue dip and a small net loss with -₹0.07 EPS. The company has also scheduled a May 21, 2026 board meeting to approve audited FY26 results and consider a dividend recommendation. Investors will likely focus next on the audited numbers, any dividend decision, shareholder voting outcomes for director reappointments, and follow-up disclosures on the packaging materials expansion.