34th Annual Report for the FY 2025-2026

Date: 25 th August ,0226 TheM anager(cid:150)L isting TheM anager-L isting BSEL imited aNtiaonS tlocE kxchagnofe I idnaL imited Phiroze JeejebehoTo ywer s ExchangPl eazaC,- 1B,l ocGk 52 th F loor,D alalS treet Bandra KurlaC omplex Mumbi-a 4 00010 Bandra( )E, Mumbai-400051 BSES cirpC ode- 25689 7 Ref :NSES ymbol- URJA Subject: Submission of Integrated Annual Report 2025-2026 (Including Notice of 34 th Annaul General Meeting) adn Business Responsibility an d Sustainability Report adn Intimation of Cut-offD ate DearS ir/Madam, This is to inform you that the 34 th Annual General Meeting (AGM) of the Company is scheduled to be held on Tuesday, 22 nd Spetmebre, 220 6through iVdeo Conf erence ((cid:147)VC(cid:148))/ Other Audio-Visu al Means((cid:147)OAVM(cid:148)) in accordance, with the relevant ci rculars iuesds by Ministry of Corporate Affairs andS ecuritiesa nd Exchange Bo arodf In dia(S EBI). In trems of the requirements o fRgeulation 34(1) of the SBEI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (L isting Regulations), we are submitting hreewith the Integrated Annual Report o fthe Company including the Business Responsibility and Sustainability Report (BRSR) and the Notice of AGM for the Financial Year 2025-0226, which is being sent through electronic mode to those Mmebers whose e-mail addresses are registered with the Company/ Registrar and Transfer Agent (RTA )/Depository Participants (DPs). Further, in accordance with Regulation 36(1)(b) of the Listing Rgeultiaons, th e Company is also sending a letter to Members whose e-mial addresses are not registered with Company/RTA/DPs proivding the Weblink fro m wherteh e IntegrateAdn nuaRle portc n abe accesseodn the Company(cid:146)wse bsite. Further, this is to inform you that the Cut-off Date for the purpose of e-voting is Tuesday, 15 th Spetmebre 220.6 The Integrated Annual Report containing the BR SR and Notice of AGM is also uploaded on the Company(cid:146)s website at www.urjaglobal.in and this is also aavilable on the website of NSD Lat https://nsdl.co.in/ . Kindlyt aket hea bovei nformationo n yourr ecords. UFor jarG olLibamli ted MohanJ agdishA gawral ManagiDng irector DIN :06772658 Encl. as above CORPORATOEV ERVIEW 04 CompanIyn formation 05 ChairmSapne'esc h 07 ConsoliFdiantaendHc iigahll ights 09 Visi&o Mni ssion 10 OurP rodAutcG tl ance STA T UTORYR EPORTS 17 DirecRteopro'rst 42 CorporGaotvee raRnecpeo rt 60 ManagemDeinstc us&s ion AnalyRseipso rt 66 BusinReesssp onsAinbdi lity SustainRaebpiolritt y FINANCISATLA TEMENTS 94 IndepenSdteanntd alone AuditRoerp'osr t 103StandaFlionnaen Sctiaatle ments 129IndepenCdoennsto lidated AuditRoerp'osr t 135ConsoliFdiantaendSc tiaatle ments 162AGMNotice HLIGHTS URJA GLOBAL LIMITED Annual report 2025-26 DIRECTORS’ REPORT To the Members of URJA GLOBAL LIMITED URJA GLOBAL LIMITED The Board presents 34 Annual Report of the Company ‘ ’ on the business and operations of the company together with the Audited Financial Statements for the financial year ended on March 31, 2026 (“the year under review” or “the year” or “FY 2025- 2026”). The consolidated performance of the Company and its subsidiaries have been referred to whenever required. This report is in accordance with the applicable provisions of the Companies Act, 2013 (“the Act”) and the Securities and Exchange Board 1. Financial Highlights of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“the Listing Regulations”). ThPea rfitnicaunlcaiarls highlights are set out below: (In Rs.) Standalone Consolidated Year ended 31.03.2026 31.03.2025 31.03.2026 31.03.2025 Total Revenue 59,23,53,808 51,47,45,045 67,59,01,893 68,49,15,383 Less: Total Expenditure 56,58,34,588 49,33,03,786 64,56,93,993 65,46,26,154 Profit before depreciation finance Costs & tax 2,65,19,220 2,14,41,259 3,02,07,900 3,02,89,229 Less: Depreciation & amortization expenses 10,38,071 6,32,706 49,19,249 37,90,363 Less: Finance Costs - - 54,20,800 62,14,100 Profit/(Loss) before tax 2,54,81,149 2,08,08,553 1,98,67,851 2,02,84,766 Less: Provision for Tax 64,13,096 64,13,800 64,13,096 64,13,800 Profit for the year Add: Deferred Tax Liability 1,90,8168,,446196 1,44,1127,,146018 1,34,7251,,801650 13,8-1573,,716988 (before adjustment of Minority of interest/ Associates) Pre-acquisition profit - - - Profit for the year Minority interest 1,90,86,469 1,44,12,161- 1,331,5,223,,525650 121,711,051,,890626 (after adjustment of Minority of interest/Associates) 2. State of the Company’s Affairs/Review of Operations During the financial year 2025-2026, total revenue on standalone basis increased to Rs. 5923.54 Lakhs against Rs. 5147.45 Lakhs in the previous year, thereby registering the increase of Total Revenue by 15.07%. The Profit after tax (PAT) for the current year is increased to Rs. 190.86 Lakhs against Rs. 144.12 Lakhs in the previous year, thereby registering a increase of Profit after tax by 32.43%. On a consolidated basis, the group achieved revenue of Rs. 6759.02 lakhs against Rs. 6849.15 lakhs during the previous year, thereby registering a decrease in total revenue by 1.31%. However, group registered the profit after tax 134.76 lakhs against Rs. 138.18 lakhs in the previous year, thereby registering a decrease in profit after tax by 2.47 %. Company is taking effective steps to improve the performance of the Company through growth in revenue, managing cost, strategic 3. Board Evaluation marketing, increasing brand awareness and brand equity through advertisement campaign etc. Pursuant to the provisions of Section 134(3)(p) of the Act and Regulation 17(10) of the Listing Regulations, a Board Evaluation Policy is in place. A structured questionnaire by an independent external agency covering various aspects of the Board’s functioning, Board culture, performance of specific duties by Directors and contribution to the Board proceedings was circulated to the members of the Board for the Financial Year 2025-2026. Based on the responses received, the Board as a whole, the Committees, the Chairperson and Individual Directors were separately evaluated in the meeting of the Independent Directors and at the meeting of the Board of Directors. The process of review of Non-Independent Directors, the Board as a whole and also its committees were undertaken in a separate meeting of Independent Directors held on February 02, 2026, without the attendance of Non-Independent Directors and members of management. At the meeting, the performance of the Chairman of the Company was reviewed taking into account the views of the Executive Directors, Non-executive Directors and Independent Directors. The meeting also assessed the quality, quantity and timeliness of information required for the Board to perform its duties properly. The entire Board, excluding the Director being evaluated, evaluated the performance of each Independent Director. Based on the findings from the evaluation process, the Board will continue to review its procedures, processes and effectiveness of Board’s functioning, individual Director’s effectiveness and contribution to the Board’s functioning in the Financial Year 2025-2026 as well with a view to practice the highest standards of Corporate Governance. URJA GLOBAL LIMITED Annual report 2025-26 4. Share Capital 5. Dividend During the year under review, there was no change in the Share Capital of the Company. In order to conserve cash and ensure liquidity for the operations for the Financial Year 2026-2027, the Board of Directors decided not to recommend any dividend to the shareholders for the Financial Year 2025-2026. Pursuant to the provisions of SEBI Listing Regulations, the Company formulated a Dividend Distribution Policy, which sets out the parameters and circumstances to be considered by the Board in determining the distribution of dividend to its shareholders and/ 6. Reserves or retaining profits earned. The said Policy is available on the website of the Company at www.urjaglobal.in. The boar [Showing first 8,000 characters — download PDF for full document]