Annual Report of the Company for the FY 2025-26

BHAVIK ENTERPRISES LTD: AN ISO 9001: 2015 CERTIFIED COMPANY Regd. Office : 1105, DLH Park, S.V. Road, Goregaon (W), Mumbai - 400 062 5th August, 2026 The Manager - Listing Department, BSE Limited PhirozeJeejeebhoy Towers, Dalal Street, Fort, Mumbai - 400001 Dear Sir/Madam Reference : Bhavik Enterprises Limited, Mumbai Company Symbol: BHAVIK, ISIN: - INE18PB01017, Scrip Code: - 544551 Subject : Submission ofNoticeofNineteenthAnnualReportofthe Company Dear Sir/Madam, In compliance with the provisions of Regulation 34 of Securities Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find enclosed herewith a copy of the Nineteenth Annual Report of the Company for the FY 2025-26 along with the Notice of Annual General Meeting of the company for the financial year ended 31st March, 2026. The Nineteenth Annual Report of the Company for the FY 2025-26 along with the Notice of Annual General Meeting is also uploaded on the Company's website: https: //bhavikenterprises.com/ You are requested to take the same in your record. Thanking You, For BHAVIK ENTERPRISES LIMITED NIKHIL BHATT Company Secretary and Compliance Officer Membership No. A22219 022) 4333 1000 1900MH2008 ROOTED IN TRUST. FOCUSED ON TODAY. CREATING TOMORROW. BHAVIK ENTERPRISES LTD. Building Trust. Delivering Growth. ANNUAL REPORT 2025-26 A YEAR OF PROGRESS. A FUTURE OF PROMISE. 06986 0Q TRUST GROWTH RELIABILITY INTEGRITY SUSTAINABILITY Our Foundation Our Journey Our Strength Our Commitment | Our Responsibility STRONGER TODAY SMARTER TOMORROW TOGETHER ALWAYS INDEX CONTENTS OF THE REPORT INTRODUCTION ABOUT THE COMPANY -. @ OUR LEADERS 02 © VISION & MISSION —--- 03 © OUR JOURNEY ..-- 04 @ PRODUCT PORTFOLIO ----. 05 ¢@ DISTRIBUTION FOOTPRINTS -- 06 e@ FINANCIAL PERFORMANCE & GROWTH ------ 07 @ FUTURE OUTLOOK ------.--- 08 @ SOCIAL ACTIVITY ----- 09 MILESTONES & CORPORATE INFORMATION @ COMPANY LISTING CEREMONY ...... @ CORPORATE EXCELLENCE AWARD - © BOARD OF DIRECTORS & MANAGEMENT TEAM ----- STATUTORY REPORTS BOARD'S REPORT ---------- ANNEXURE-A- RELATED PARTY TRANSACTIONS - ANNEXURE-B- SECRETARIAL AUDIT REPORT ----------- ANNEXURE-C CONSERVATION OF ENERGY, TECHNOLOGY ABSORPTION & FOREIGN EXCHANGE a ANNEXURE-D- REMUNERATION OF MANAGERIAL PERSONNEL * ANNEXURE-E- MANAGEMENT DISCUSSION & ANALYSIS REPORT ------- 36 * ANNEXURE-F- ANNUAL REPORT ON CSR ACTIVITIES --—- 39 * ANNEXURE-G- CFO CERTIFICATION ~ 43 FINANCIAL STATEMENTS e@ INDEPENDENT AUDITOR'S REPORT ---- 44 e@ FINANCIAL STATEMENTS --—- e@ NOTICE OF ANNUAL GENERAL MEETING -----—------ LEADERSHIP Mr. Mukesh Thakkar Chairman A veteran in the polymer industry, Mr. Mukesh Thakkar brings over 40 years of experience in plastic raw material trading and distribution. His in-depth knowledge, strategic foresight, and industry relationships laid the foundation for Bhavik Enterprises Ltd. He has been instrumental in building strong supplier alliances and customer trust, which have enabled the company to grow steadily and sustainably Mr. Bhavik Thakkar Managing Director An MBA graduate, Mr. Bhavik Thakkar brings over 20 years of operational experience in the polymer business. He has played a pivotal role in expanding the company’s footprint across India and has driven modernization in operations, logistics, and relationship management. His expertise in imports and exports, combined with a deep understanding of customer needs, has enabled Bhavik Enterprises Ltd. to stay competitive in a rapidly evolving market. Ms. Purnima Mukesh Thakkar Executive Director Purnima Mukesh Thakkar, Executive Director of Bhavik Enterprises Ltd., drives growth through strategic planning and innovative leadership. She focuses on building strong partnerships and sustainable business practices. Her vision is to position the company as a leader in quality and trust across industries. VISION & MISSION Vision To be a leading and trusted partner in polymer distribution, enabling industries to access quality raw materials with unmatched reliability and service. Mission Our mission is to deliver high-quality polymer raw materials with reliability, efficiency, and customer-first service. We strive to build lasting partnerships by ensuring innovation, timely supply, and sustainable growth for the industries we serve. 01 To deliver superior value to customers through efficient supply chain solutions. 02 To maintain strong relationships with global suppliers and domestic customers. 03 To operate with integrity, transparency, and accountability across all functions. 04 To continually innovate and adapt to industry trends and customer needs. Fair trade and Commitment to quality and responsible sourcing customer satisfaction Compliance with industry Respect for stakeholders standards and regulations and the environment JOURNEY Launch of Emmen Plastics (1977) Commenced trading of plastic raw materials through a proprietorship firm. Foundation of Bhavik Enterprises (1984) Started as a partnership firm dealing in plastic powders and allied products. Authorized Distributor Appointment (2004) Became the authorized distributor of Borouge. 4 Incorporation of Bhavik Enterprises Ltd. (2008) Transitioned into a limited company for larger-scale operations. Strategic Acquisitions (2009) Acquired M/s Emmen Plastics and M/s Bhavik Enterprises. Revenue Milestone (2024) Achieved ₹500 Crore revenue, marking a significant growth milestone. PRODUCT PORTFOLIO Bhavik Enterprises Ltd. offers an extensive and diverse range of polymers to cater to various applications. The company is engaged in the trading and distribution of Polyethylene (PE) and Polypropylene (PP), sourced from reputed global manufacturers. Polyethylene (PE) Grades LLDPE (Linear Low-Density Polyethylene) LDPE (Low-Density Polyethylene) HDPE (High-Density Polyethylene) Terpolymer LLDPE Polypropylene (PP) Grades Homo Polymer Impact Co-polymer Random Co-polymer These materials are supplied to a wide range of industries and used in the manufacturing of: Pressure and non-pressure pipes EPE foam Drip irrigation pipes Woven sack bags Shrink and lamination films Non-woven spun bond fabrics Mulch and greenhouse films Houseware products, paint pails, crates, suitcases CPP films and liners Thin wall containers and more DISTRIBUTION FOOTPRINT Bhavik Enterprises Ltd. operates a widespread and efficient distribution network across India. The company imports and stocks polymer raw materials in strategically located depots and warehouses, enabling timely deliveries and supply chain efficiency. FUTURE OUTLOOK With a stable leadership team and growing demand for quality polymers in India, Bhavik Enterprises Ltd. is well-positioned for future growth. Strategic plans include: Expanding warehouse capacity and footprint Entering into new partnerships with global suppliers Exploring value-added services for clients Enhancing digital infrastructure for supply chain transparency EXHIBITIONS & SOCIAL ACTIVITY BHAVIK ENTERPRISES LTD. BHAVIK ENTERPRISES LTD. Board’s Report The Members, Bhavik Enterprises Limited, Mumbai, Maharashtra Nineteenth Annual Report Your directors have pleasure in presenting the and Audited Statement of accounts of y1o. urF CIoNmApNaCnIyA fLo Rr EthSeU fLinTaSn c i a l year 2025-26. Particulars For the FY For the FY 20 25-26 2(R0s2. 4In-2 L5a khs) Revenue from Operations 62,843.79 52,726.71 Other Income 200.54 419.31 Total Income 63,044.33 53,146.02 Profit before Depreciation, Financial Expenses and Taxation 1,896.56 811.49 Depreciation &Amortization 15.43 20.28 Financial Expenses 37.02 24.34 PPrrooffiitt baefftoerre T Taaxxaattiioonn 11,,385446..1411 576676..8075 Less: Provision for Taxation (Current & Deferred) 487.70 199.82 2. PERFORMANCE OF THE COMPANY Bhavik Enterprises Limited Initial Public Offering (IPO) and its Equity Shares were listed on the BSE TSMheE fPinlaantfcoiarlm y ewa.re .f2. 062t5h- 2O6c thoabse rb, e2e0n2 a5 landmark year in the history of . The Company successfully complet [Showing first 8,000 characters — download PDF for full document]