14th Annual Report of the Company.

Date: August 26, 2026 Bombay Stock Exchange Limited Department of Corporate Services, Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai — 400001 Scrip Code: 544663 Symbol: NEPLOG Sub: Submission of Annual Report for the Financial Year 2025 – 26 Dear Sir/Madam, Pursuant to Regulation 34 of the SEBI (Listing Obligations and Disclosures Requirements) Regulations, 2015 (“LODR Regulations”), please find herewith the enclosed Annual Report for the Financial Year 2025 – 26. Kindly take this letter on your record and oblige us. Thanking you, Yours faithfully, For, NEPTUNE LOGITEK LIMITED ANKIT DEVIDAS SHAH MANAGING DIRECTOR (DIN: 05207001) Encl.: as above x Page 1 of 130 CONTENTS Sr. No. Particulars Page No. 1 Corporate Information 03 2 Notice & Explanatory Statement 12 3 Attendance Slip & Proxy Form 30 4 Route Map of the Venue of the Meeting 33 5 Directors’ Report & its Annexures 34 6 Standalone Independent Auditor’s Report & its Annexures 75 7 Standalone Financial Statements & its Notes 90 Page 2 of 130 CORPORATE INFORMATION Board of Directors Registrar & Share Transfer Agent Mr. Ankit Devidas Shah Bigshare Services Private Limited (Chairman & Managing Director) “Pinnacle Business Park, Office no S6-2 ,6th floor, DIN: 05207001 Mahakali Caves Road , Next to Ahura Centre, Andheri East, Mumbai, Maharashtra, India, 400093” Mrs. Reema Ankit Shah Phone: +91 07940024135 (Executive Director) Email: cs@bigshareonline.com DIN: 05206978 Website: www.bigshareonline.com Mr. Kunj Bihari Dave (Independent Director) CIN: U99999MH1994PTC076534 DIN: 10838649 Mr. Pradip Jayantilal Shah (Non-Executive Director) DIN: 10898356 Mr. Mukesh Bafna (Independent Director) DIN: 06446686 Mr. Rushabh Anilkumar Shah (Additional Independent Director) DIN: 09012222 Key Managerial Personnel Mr. Sankaran Krishnamoorthy (CEO) Mr. Nikunj Dhansukhbhai Damani (CFO) Mrs. Manisha Jain (Company Secretary and Compliance Officer) Registered Office BBZ-N-62/A, WARD 12/A, Gandhidham, Kachchh, Gujarat, India, 370201 Phone: +91 97376 58111 Email: darshan.chavda@neptunelogitek.com Website: www.neptunelogitek.com Statutory Auditors M/s. J S Maheshwari & Co., Chartered Accountants, Ahmedabad Secretarial Auditor M/s. Ishali Desai & Associates Practicing Company Secretaries, Ahmedabad Page 3 of 130 Page 4 of 130 Page 5 of 130 Page 6 of 130 CORPORATE SOCIAL RESPONSIBILITY (CSR) Corporate Social Responsibility (CSR) urges companies to embrace accountability for the impact of their activities on customers, suppliers, employees, shareholders, and the broader community. Such initiatives entail the company's active involvement in areas where their actions can influence society. At its core, CSR aligns with social accounting principles, ensuring the company remains committed to upholding laws, ethical standards, and international norms. Page 7 of 130 CHAIRMAN AND MD’s MESSAGE Dear Shareholders, It gives me immense pleasure to present to you the Annual Report of Neptune Logitek Limited for the financial year 2025–26. This year has been a period of resilience, disciplined execution, and continued commitment to creating sustainable value for our stakeholders. During the year under review, the Company recorded Income from Operations of Rs. 23,371.10 lakhs, compared with Rs. 25,725.39 lakhs in the previous financial year. Total Income stood at Rs. 23,522.18 lakhs, as against Rs. 26,074.41 lakhs in FY 2024–25. While the overall operating environment remained challenging, our focus on operational discipline, prudent financial management, and strengthening our business fundamentals enabled us to maintain profitability. The Company achieved a Profit Before Tax of Rs. 995.27 lakhs, compared with Rs. 983.77 lakhs in the previous year. After providing for tax expenses of Rs. 366.43 lakhs, the Company reported a Net Profit of Rs. 628.84 lakhs for FY 2025–26, compared with Rs. 667.05 lakhs in FY 2024–25. The Basic Earnings Per Share stood at Rs. 4.59, reflecting the Company’s continued focus on maintaining a sound financial foundation and delivering long-term value to shareholders. The performance achieved during the year is a reflection of the dedication of our employees, the confidence of our customers and business partners, the guidance of our Board, and, most importantly, the continued trust and support of our shareholders. The business environment continues to evolve rapidly, bringing both opportunities and challenges. In such an environment, we remain focused on improving operational efficiency, strengthening our capabilities, adopting appropriate technology, and responding proactively to changing market requirements. Our resilience and disciplined approach will continue to guide us as we work towards building a stronger and more sustainable business. As a listed company, we recognise the importance of maintaining the highest standards of corporate governance, transparency, accountability, and ethical conduct. We remain committed to conducting our business responsibly and ensuring that every strategic decision is aligned with the long-term interests of all our stakeholders. As we move forward, our key priorities remain clear: • To strengthen operational efficiency and business performance, • To leverage technology and innovation for sustainable growth, • To enhance customer and stakeholder confidence, Page 8 of 130 • To maintain strong financial discipline and governance, and • To create sustainable long-term value for our shareholders. I would like to express my sincere appreciation to our employees, customers, business associates, lenders, and all other stakeholders for their continued support and contribution. I also extend my gratitude to the members of the Board for their valuable guidance and, above all, to our shareholders for their unwavering confidence in Neptune Logitek Limited. We look ahead with confidence and determination. With a strong commitment to excellence, responsible growth, innovation, and stakeholder value creation, we believe Neptune Logitek Limited is well positioned to navigate the opportunities ahead and strengthen its position for the future. Thank you once again for your continued trust and support. Financial Performance Company’s Performance The Company continued its positive growth trajectory during the financial year 2025-26, while maintaining a strong financial position and delivering healthy profitability. Revenue from Operations stood at Rs. 23,371.10 Lakhs as compared to Rs. 25,725.39 Lakhs in the previous financial year 2024-25. Other Income stood at Rs. 151.07 Lakhs as compared to Rs. 349.02 Lakhs in FY 2024-25. Accordingly, Total Revenue stood at Rs. 23,522.18 Lakhs as against Rs. 26,074.41 Lakhs in the previous financial year. Total Expenses for the year amounted to Rs. 22,539.40 Lakhs, compared to Rs. 24,760.00 Lakhs in the previous year, representing a reduction of 8.97%. The decrease in expenses was primarily supported by lower Other Expenses and reduced depreciation and finance costs. Consequently, Profit Before Exceptional Items and Tax stood at Rs. 982.77 Lakhs as compared to Rs. 1,314.42 Lakhs in FY 2024-25. After accounting for an Exceptional Item of Rs. 12.50 Lakhs as compared to Rs. 330.65 Lakhs in the previous year, the Profit Before Tax stood at Rs. 995.27 Lakhs as against Rs. 983.77 Lakhs in FY 2024-25. After accounting for total tax expenses of Rs. 366.43 Lakhs, comprising Current Tax of Rs. 102.28 Lakhs, Deferred Tax of Rs. 218.54 Lakhs and Earlier Year Tax of Rs. 45.61 Lakhs, the Net Profit for the year stood at Rs. 628.84 Lakhs as compared to Rs. 667.05 Lakhs in the previous financial year. Furthermore, the Earnings Per Share (Basic/Diluted) stood at Rs. 4.59 as compared to Rs. 6.67 in FY 2024-25. The change in EPS is also influenced by the increase in the number of equity shares outstanding from 1,00,00,000 shares to 1,37,00,000 shares during the year. Despite the moderation in revenue and net profit, the Company maintained a healthy Profit Before Tax and Pr [Showing first 8,000 characters — download PDF for full document]