Submission of Annual Report for the Financial Year 2025-26

28™ Annual Report 2025-26 Anmol India Limited- The Best in the Business of Coal Trading Inside this Report Corporate Information 02 Managing Director’'s Message 03 Performance Highlights 05 Statutory Section Notice 06 Director’s Report 15 Corporate Governance Report 22 Secretarial Audit Report 39 Management Discussion and Analysis Corporate Social Responsibility Report Standalone Financial Statements Independent Auditor's Report 57 Standalone Balance Sheet 68 Standalone statement of Profit & Loss 69 Standalone statement of Cash Flows 70 Notes forming part of the Standalone 7 Financial Statements Corporate Information Board of Directors/ Key Managerial Personnel Mr. Vijay Kumar Mr. Chakshu Goyal Mrs. Neelam Rani Mr. Tilak Raj Managing Director & Whole Time Director Non-Executive Director Non-Executive Director Mr. Rij Ki r Goyal Mrs. Ridhima Gar Mr. Bhupesh Goyal 1. Ripan Rumar Goy Mr. Sumit Goswami s ma Garg . Ind dent Direct . Inds dent Direct Independent Director ependent Director Independent Director ependent Director Bankers Auditors State Bank of India M/s KR Aggarwal & Associates Axis Bank Limited (Statutory Auditors) Union Bank of India Yes Bank Limited M/s Harsh Kumar Goyal & Associates Kotak Mahindra Bank Limited (Secretarial Auditors) Mrs. Komal Aggarwal Registrar and Share Transfer Agent (Internal Auditor) Big share Services Private Limited Company Secretary & 1st Floor, Bharat Tin Works Building Compliance Officer Opp Vasant Oasis, Makwana Road Marol, Andheri (East), Mumbai- 400059 Mrs. Parabhjot Kaur Message from the Managing Director & CFO Dear Stakeholders, FY 2025-26 was a year of resilience, disciplined execution, and sustained growth for Anmol India Limited. Amidst fluctuating global commodity prices, evolving trade patterns, supply chain disruptions, and changing energy market dynamics, your Company successfully navigated challenges while delivering improved financial and operational performance. India continues to be one of the fastest-growing major economies in the world, driven by rapid industrialization, infrastructure development, urbanization, and rising power demand. In this growth journey, coal remains a critical pillar of the country's energy and industrial ecosystem, serving as an essential fuel for thermal power generation and key industries such as steel, cement, paper, textiles, chemicals, and brick manufacturing. As a trusted coal trading company, Anmol India Limited remains committed to ensuring reliable and efficient fuel supply to support these sectors and contribute to India's economic progress. During FY 2025-26, the Company recorded Revenue from Operations of Rs. 1,416.57 Crore, compared to Rs. 1,274.26 Crore in FY 2024-25. This growth was driven by stronger customer demand, expansion of business volumes, strategic sourcing initiatives, and our ability to effectively respond to market opportunities across both domestic and international coal markets. Our performance was not merely a result of higher volumes but also reflected our continued focus on operational excellence and disciplined financial management. EBITDA increased to Rs. 28.99 Crore, compared to Rs. 25.67 Crore in the previous year, while Profit After Tax (PAT) increased significantly to Rs. 11.31 Crore from Rs. 6.99 Crore, representing a growth of more than 61%. These results demonstrate our ability to create value despite operating in a highly competitive and volatile commodity environment. The coal trading business is fundamentally dependent on efficient sourcing, logistics management, inventory optimization, and timely execution. During the year, we continued to strengthen our procurement network and supply chain capabilities to ensure uninterrupted availability of coal for our customers. Our long-standing relationships with suppliers, transporters, logistics partners, and customers enabled us to effectively manage market fluctuations and maintain service reliability. In an industry where timely delivery and supply assurance are often as important as pricing, we have consistently focused on building trust-based relationships with our customers. Our ability to understand customer requirements, provide dependable supply solutions, and maintain commercial flexibility has helped us deepen our engagement across diverse industrial sectors. We believe these relationships remain one of the Company's strongest competitive advantages. The global coal market continued to witness volatility arising from geopolitical developments, changes in international trade flows, freight rate fluctuations, currency movements, and shifting energy policies across regions. At the same time, domestic demand for coal remained robust, supported by strong growth in power generation and industrial activity. Against this backdrop, Anmol India Limited demonstrated agility in managing procurement risks, optimizing sourcing decisions, and maintaining operational continuity. Looking ahead, we remain optimistic about the long-term prospects of the Indian economy and the opportunities they present for our business. The Government's continued emphasis on infrastructure creation, manufacturing expansion, power sector development, and economic growth is expected to sustain demand for coal across various industries. While the energy sector continues to evolve, reliable and affordable energy remains fundamental to India's development aspirations, and coal is expected to remain an important component of the country's energy mix for the foreseeable future. As we move forward, our strategic priorities will focus on strengthening our market presence, expanding our customer base, enhancing supply chain efficiency, leveraging technology for improved operational visibility, optimizing working capital, and maintaining financial discipline. We remain committed to pursuing growth opportunities while ensuring prudent risk management and strong corporate governance. At Anmol India Limited, we believe that sustainable success is built on trust, integrity, and long-term partnerships. Our achievements during the year reflect the collective efforts of our employees, the confidence of our customers, the support of our suppliers and business partners, and the trust of our shareholders. On behalf of the Board and management team, we express our sincere gratitude to all stakeholders for their continued support and confidence. As we enter the next phase of growth, we remain committed to creating enduring value, strengthening our leadership position in the coal trading industry, and contributing meaningfully to India's energy and industrial development. Together, we look forward to a future of greater opportunities, stronger performance, and sustained value creation. Vijay Kumar Managing Director & CFO Performance Highlights (Rs. In Crores Except Interest Coverage ratio) 140.00 118.97 120.00 107.4° 100.2 100.00 80.00 60.00 41.89 40.00 25662899 2090 20,00 I I 99 1131 ) m 3.17 164 2.17 EBITDA Net Profit to Owners Net Worth Interest Cover WFY 2023-2024 WFY 2024-2025 mWFY 2025-2026 Vision Values Our vision has always been to welcome change. Courage: We shall embrace new ideas and We at Anmol understand that nothing is constant business. Other and have always had a dynamic approach Trust: We shall believe in our employees and to our work. Our quick shift to foreign coal to keep stakeholders. up with increasing demands nationwide was one Commitment: We shall stand by our promises of the key moves that highlight this aspect of our and adhere to high standards of business. behavior. Culture Passion Results Integration Dedication Entrepreneurship Performing with Consistently Working across Working with Seizing new enthusiasm and achieving goals functions and commitment in the opportunities with energy businesses to pursuit of our aims initiatives and create synergies ownership Notice Notice is hereby given that the 28" Annual General Meeting of the members of Anmol India Limited will be held on Saturday, the 26th [Showing first 8,000 characters — download PDF for full document]