Shareholders meeting

Thejo Engineering Limited 41 Cathedral Road, T +91 44 42221900 Chennai - 600 086. F +91 44 42221910 India thejo@thejo-engg.com www.thejo-engg.com 29th July, 2026 The Manager, Listing Department, The National Stock Exchange of India Limited, Exchange Plaza, Bandra Kurla Complex (Bandra East), Mumbai - 400 051. Dear Sir, Sub: Notice of the 40th Annual General Meeting and Annual Report 2025-26 Scrip code: THEJO - EQ In compliance with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 and other applicable statutory provisions, please find enclosed the Annual Report for the year 2025-26, including the Notice convening the 40th Annual General Meeting (“AGM”) of the Shareholders and the Business Responsibility and Sustainability Report, which is being sent to the Shareholders through permitted mode. The 40th AGM is scheduled to be held on Tuesday, 25th August, 2026 at 10:30 AM at The Music Academy, Kasturi Srinivasan Hall (Mini Hall), New No. 168, T.T.K. Road, Royapettah, Chennai – 600 014, Tamil Nadu, India. Pursuant to Rule 20 of Companies (Management and Administration) Rules, 2014, the Company has fixed 18th August, 2026 as Cut-off date, to determine the entitlement of voting rights of Members for voting, including remote e-voting, in respect of the business to be transacted at the 40th Annual General Meeting of the Company. This is for your information and records. Yours faithfully, For THEJO ENGINEERING LIMITED Jayashree Sreeraman Company Secretary & Compliance Officer ACS No. 38035 Corporate Identification Number: L27209TN1986PLC012833 Reg. Office : 41 Cathedral Road, Chennai - 600 086, India. Tel : +91 44 42221900 Fax: +91 44 42221910 Works: lrulipattu Village, Alinjivakkam Post, Ponneri Taluk, Chennai - 600 067. Tel: +914427984342 Annual Report 2025 - 26 Annual Report 2025-26 Team-Thejo with Prof. Goutam Challagalla, Professor of Strategy and Marketing, International Institute for Management Development (IMD), Lausanne, Switzerland, at his workshop on “Strategy for Governance”. THEJO ENGINEERING LIMITED BOARD OF DIRECTORS Registered Offi ce Executive Chairman V A GEORGE 3rd Floor, VDS House, No. 41, Cathedral Road, Vice Chairman THOMAS JOHN Chennai - 600 086. CIN: L27209TN1986PLC012833 Managing Director MANOJ JOSEPH Phone : 044 - 42221900 Fax : 044 - 42221910 E-mail : investor@thejo-engg.com Deputy Managing Director RAJESH JOHN Website: www.thejo-engg.com Non-Executive Director MANESH JOSEPH FACTORIES Unit – I & II: Independent Directors SRIDHAR GANESH Survey No.176/3, 181/5 & 181/6A, NILESH S VIKAMSEY Jagannathapuram Road, SRINIVAS ACHARYA Irulipattu Village, Alinjivakkam Post, Prof. N VENKITESWARAN Ponneri Taluk, Chennai - 600 067. K JAIRAJ SUBHATHRA SRINIVASARAGHAVAN Unit – III: Survey No. 100/5, Jagannathapuram Road, Chairman Emeritus K J JOSEPH Athipedu Village, Ponneri Taluk, Chennai - 600 067. Chief Financial Offi cer M D RAVIKANTH Lining Division: Company Secretary & JAYASHREE SREERAMAN Survey No. 234/2C, Jaganathapuram-II, Compliance Offi cer Ponneri Taluk, Tiruvallur District, Chennai - 600 067. Audit Committee Prof. N VENKITESWARAN NILESH S VIKAMSEY R&D Centre: K JAIRAJ Survey No. 176/3, Jagannathapuram Road, SRINIVAS ACHARYA Irulipattu Village, Ponneri Taluk, Chennai - 600 067. Stakeholders’ SRINIVAS ACHARYA Relationship THOMAS JOHN Subsidiary Companies Committee Prof. N VENKITESWARAN Thejo Hatcon Industrial Services Company, SUBHATHRA SRINIVASARAGHAVAN Saudi Arabia Thejo Australia Pty Ltd., Australia Auditors M/s. BRAHMAYYA & CO. Thejo Brasil Comercio E Servicos Ltda, Brazil Chartered Accountants, Thejo Engineering LatinoAmerica SpA, Chile Chennai TE Global FZ-LLC, Ras Al-Khaimah, UAE Internal Auditors M/s. VARMA & VARMA Registrar and Share Transfer Agents Chartered Accountants, M/s. Cameo Corporate Services Limited Chennai Subramanian Building, Secretarial Auditor SINDHUJA PORSELVAM No. 1, Club House Road, Practising Company Secretary, Chennai - 600 002. Chennai Main Bankers Cost Auditor LATHA VENKATESH Axis Bank Limited Latha Venkatesh & Associates, Citibank N.A. Practising Cost Accountant, HDFC Bank Limited Chennai State Bank of India THEJO ENGINEERING LIMITED CONTENTS Page No. Financial Highlights 3 Notice to Members 6 Board’s Report 18 Annexure to Board’s Report 35 Corporate Governance Report 47 Business Responsibility and Sustainability Report 75 Independent Auditor’s Report 107 Balance Sheet 118 Statement of Profi t and Loss 119 Statement of Cash Flows 120 Statement of Changes in Equity 122 Notes forming part of the Financial Statements 123 Independent Auditor’s Report (Consolidated Financial Statements) 164 Consolidated Financial Statements 172 Salient features of Financial Statements of Subsidiaries / Associates / Joint Ventures 222 THEJO ENGINEERING LIMITED FINANCIAL HIGHLIGHTS (STANDALONE) ` in lakhs unless specifi ed otherwise IND-AS Previous GAAP Details 2025-26 2024-25 2023-24 2022-23 2021-22 2020-21 2019-20 2018-19 2017-18 2016-17 Sales 1 51325.71 43444.85 39106.18 33222.20 27661.40 21306.49 20047.06 18925.39 17404.09 14927.65 Other Income 789.37 342.94 240.61 253.46 237.60 316.50 215.24 235.75 160.82 173.88 Total Income1 52115.08 43787.79 39346.79 33475.66 27899.00 21622.99 20262.30 19161.14 17564.91 15101.53 Profi t before interest, 8869.54 8584.51 7105.40 4883.68 4825.52 3732.58 2671.43 2756.56 2176.42 1777.04 depreciation, amortisation and tax2 Profi t before interest & tax2 8067.96 7100.54 5568.26 4080.44 4144.94 3124.87 2214.95 2312.44 1801.33 1385.05 Profi t before exceptional 7684.72 6733.68 5125.94 3710.27 3907.18 2871.54 1875.82 1915.64 1263.30 822.75 items and tax Profi t before tax 7411.61 6733.68 5125.94 3710.27 3907.18 2871.54 1875.82 1915.64 1263.30 822.75 Profi t after tax 5514.2 5000.57 3805.04 2758.17 2924.71 2145.83 1374.29 1357.14 870.76 560.89 Net fi xed assets3 10688.79 7959.44 8647.47 8729.63 4921.73 3255.55 2333.95 2400.18 2425.42 2068.21 Share Capital 1084.75 1084.59 1076.43 1070.10 1065.71 351.64 346.04 343.70 343.36 343.36 Reserves and Surplus 30568.91 25475.06 20616.01 16940.92 14325.40 12284.11 10275.29 9022.09 7813.88 7065.30 Networth 31653.66 26559.65 21692.44 18011.02 15391.11 12635.75 10621.33 9365.79 8157.24 7408.66 Total borrowings 0.00 0.00 864.76 720.50 132.08 420.01 1512.21 2167.07 2185.97 3707.87 Lease Liabilities (relating 2922.84 2021.22 2075.30 2115.16 2148.54 774.95 NA NA NA NA to Right-of-use Assets) Basic Earnings per share4 50.84 46.17 35.46 25.82 27.52 20.53 13.29 13.17 8.45 5.45 (in `) Diluted Earnings per 50.83 46.15 35.17 25.52 27.14 20.22 13.16 13.17 8.45 5.45 share4 (in `) Dividend per share (in `) 5.00 5.00 3.00 2.00 2.00 6.00 5.00 5.00 4.00 3.50 Book value per share4 291.81 244.88 201.52 168.31 144.42 119.78 102.31 90.83 79.19 71.92 (in `) EBITDA/Total Income (%) 17.02 19.60 18.06 14.59 17.30 17.26 13.18 14.39 12.39 11.77 Profi t before tax/Total 14.22 15.38 13.03 11.08 14.00 13.28 9.26 10.00 7.19 5.45 Income (%) Return on average capital 27.72 28.91 26.97 23.82 29.01 24.81 18.72 21.14 16.79 12.81 employed (%) Return on average net 18.94 20.73 19.17 16.51 20.87 18.45 13.75 15.49 11.19 7.89 worth (%) Notes: 1. Net of excise duty and all other duties and taxes. 2. Before exceptional items. 3. Includes Right-of-Use Assets. 4. During FY 2021-22, the Company has issued 70,94,756 equity shares as fully paid-up bonus shares (in the ratio of 2:1). Consequently, the EPS and book value for the prior periods have been adjusted for the bonus issue. THEJO ENGINEERING LIMITED FINANCIAL HIGHLIGHTS (CONSOLIDATED) ` in lakhs unless specifi ed otherwise IND-AS Details 2025-26 2024-25 2023-24 2022-23 2021-22 Sales 1 63112.94 55072.61 55889.41 47397.97 42353.82 Other Income 1055.10 708.05 373.21 361.05 216.59 Total Income1 64168.04 55780.66 56262.62 47759.02 42570.41 Profi t before interest, depreciation, amortisation 8968.01 9275.78 10350.05 6257.25 6995.92 and tax2 Profi t before interest & tax2 7471.45 7339.50 8305.74 5038.23 5942.87 Profi t before excep [Showing first 8,000 characters — download PDF for full document]