AGM Details

  • Date and Time: Tuesday, September 29, 2026 at 11:00 AM IST
  • Mode: Video Conferencing/Other Audio-Visual Means (VC/OAVM)
  • Cut-off Date for E-voting: Tuesday, September 22, 2026
  • Remote E-voting Period: Saturday, September 26, 2026 (9:00 AM) to Monday, September 28, 2026 (5:00 PM)
  • Weblink for Documents: https://www.poojaaprecisionengg.in/wp-content/uploads/2026/09/POOJA-PRECISION-ANNUAL-REPORT-2025-2026.pdf
  • E-voting Platform: https://www.evoting.nsdl.com/

Financial Performance Highlights (FY 2025-26)

  • Revenue from Operations: ₹293.86 crore (up 32.4% from ₹222.00 crore in FY25)
  • EBITDA: ₹56.37 crore (up 48.2% from ₹38.03 crore in FY25)
  • EBITDA Margin: 19.18% (vs 17.13% in FY25)
  • Profit After Tax (PAT): ₹33.45 crore (up 49.1% from ₹22.44 crore in FY25)
  • PAT Margin: 11.38% (vs 10.11% in FY25)
  • Net Worth: ₹133.16 crore (from ₹83.65 crore in FY25)
  • Return on Equity (ROE): 25%
  • Debt-Equity Ratio: 0.31
  • Property, Plant and Equipment: ₹74.93 crore
  • Capital Work-in-Progress: ₹28.40 crore
  • Net Cash from Operating Activities: ₹21.70 crore

Business Overview

Poojaa Precision Engg Limited is a precision engineering company manufacturing aluminum and machined components with over three decades of experience. The company serves automotive, electric mobility, and diversified non-automotive applications including energy, agriculture, defense, and healthcare.

Key Operational Metrics:

  • 600+ SKUs including safety-critical components
  • 200+ employees
  • GDC + LPDC + HPDC casting capabilities
  • 55+ VMC/HMC/CNC turning centers
  • EV revenue growth: 2.7× over two years (₹10.65 crore in FY24 to ₹28.83 crore in FY26)

AGM Agenda Items

Ordinary Business

1. Adoption of Financial Statements: To receive, consider and adopt audited standalone financial statements for FY ended March 31, 2026 with reports of Board of Directors and Auditors

2. Re-appointment of Director: Mr. Anil Shivajirao Kulkarni (DIN: 01040844) retires by rotation and offers himself for re-appointment

3. Appointment of Statutory Auditors: To appoint M/s. Borkar & Muzumdar, Chartered Accountants (FRN: 101569W) as statutory auditors for 5 years from conclusion of 34th AGM to 39th AGM at remuneration of ₹24 lakhs plus taxes for FY27

Special Business

4. Appointment of Secretarial Auditors: To appoint M/s. SIUT & Co. LLP, Company Secretaries (Unique Code: L2021MH011500) as secretarial auditors for 5 years (FY2026-27 to 2030-31) at remuneration of ₹3.75 lakhs plus taxes

5. Approval of Material Related Party Transaction: With Jayshree Pistons Private Limited for purchase/sale of raw materials, labor charges up to ₹50 crore during FY2026-27

6. Approval of Material Related Party Transaction: With G K Founders Private Limited for purchase/sale of raw materials, labor charges up to ₹50 crore during FY2026-27

7. Remuneration of Cost Auditor: To approve remuneration of ₹2 lakhs plus taxes for CMA Ashwini Nande (Membership No. M-24870) for FY2026-27

Corporate Actions and Capital Changes

  • Name Change: Company changed from "Pooja Castings Pvt. Ltd." to "Poojaa Precision Engg. Limited" effective December 12, 2025
  • Authorized Share Capital: Increased to ₹21.00 crore (2.10 crore equity shares of ₹10 each)
  • Preferential Issue: Allotted 59,025 equity shares of ₹100 each at ₹3,156 per share (₹100 face value + ₹3,056 premium) aggregating ₹18.63 crore
  • Bonus Issue: Issued 54,88,110 bonus shares in 3:5 ratio (3 shares for every 5 shares held) capitalizing ₹5.49 crore from reserves
  • Sub-division: Sub-divided each equity share of ₹100 face value into 10 equity shares of ₹10 face value
  • IPO: Successfully completed IPO issuing 53,10,000 equity shares at ₹301 per share (₹10 face value + ₹291 premium) aggregating ₹159.83 crore, listed on BSE SME on August 4, 2026

IPO Proceeds Utilization:

  • Manufacturing facility expansion: ₹106.34 crore
  • Working capital requirements: ₹30.00 crore
  • General corporate purposes: ₹3.58 crore

Board and Management Changes

Directors Appointed (w.e.f. December 16, 2025):

  • Mr. Arvind Sadashiv Mokashi - Independent Director
  • Mr. Viren Ajit Joshi - Independent Director
  • Mr. Gautam Pradyot Doshi - Independent Director

Designation Changes (w.e.f. December 15, 2025):

  • Mr. Anil Shivajirao Kulkarni: Whole Time Director to Chairman & Whole Time Director
  • Mr. Rahul Sohanlal Ranka: Executive Director to Whole Time Director
  • Ms. Vaishali Dakshendra Agrawal: Executive Director to Non-Executive Director

Key Managerial Personnel Changes:

  • Mr. Bhavya Dakshendra Agrawal appointed as CFO (w.e.f. December 15, 2025)
  • Ms. Bhavana Phoolchand Tak resigned as Company Secretary (w.e.f. June 26, 2026)
  • Ms. Shalaka Satish Khandelwal appointed as Company Secretary & Compliance Officer (w.e.f. June 26, 2026)

Expansion and Growth Initiatives

Proposed Manufacturing Unit 3:

  • Location: Gat No. 382, 383, 386, 387 & 312, Village Tal. Khed, Dist. Pune
  • Planned capacity: 15,000 MTPA melting capacity + 6,600 MTPA casting capacity

Proposed Manufacturing Unit 4:

  • Location: Gat No. 201/1, Village Mahalunge, Tal. Khed, Dist. Pune
  • Intended for precision magnesium components

Captive Solar Power Generation Initiative:

  • Capacity: 4.95 MWp (DC) / 3.30 MW (AC)
  • Location: Gat Nos. 122, 125 and 128, Village Bhaganurwadi, Taluka Mukhed, District Nanded, Maharashtra
  • Investment: ₹14.81 crore
  • Land Acquired: 14 acres at ₹10 lakhs/acre (₹1.40 crore total)
  • Debt Financing: ₹12 crore from HSBC
  • Advance Paid: ₹12.23 crore
  • Expected Savings: ₹40-45 lakhs per month for Plant 1 and Plant 2
  • Purpose: Reduce grid dependence, improve energy cost efficiency, promote sustainable operations

CSR Initiatives (FY 2025-26)

  • CSR Expenditure: ₹34.74 lakhs (against requirement of ₹47.71 lakhs)
  • Main Projects:
  • Partnership with 14 Trees Foundation for reforestation (7+ acres, 2,100 trees planted)
  • Cancer care support at Tata Memorial Hospital
  • Children's medical treatment at Bai Jerbai Wadia Hospital
  • Blood donation drives (80 employees donated 32 liters)
  • Education support for specially abled children
  • Target: Planting 14,000 trees by 2028

Auditors and Compliance

  • Statutory Auditors: M/s. Borkar & Muzumdar, Chartered Accountants (FRN: 101569W)
  • Secretarial Auditors: M/s. SIUT & Co. LLP, Company Secretaries (Appointed for FY 2026-27)
  • Internal Auditors: M/s. S. Gautam & Associates LLP, Chartered Accountants (Appointed for FY 2026-27)
  • Cost Auditor: CMA Ashwini Nande (Membership No. M-24870) appointed for FY 2026-27
  • Audit Report: No qualifications, reservations, adverse remarks or disclaimers in statutory audit report

Related Party Transactions

Key related party transactions disclosed in Form AOC-2:

  • Jayshree Pistons Private Limited: Labour charges (₹655.21 lakh), Raw material purchases (₹391.78 lakh), Raw material sale (₹101.28 lakh)
  • G K Founders Private Limited: Raw material purchases (₹1,848.46 lakh)
  • Dakshendra & Associates: Professional fees (₹144.00 lakh)
  • GK Alloys Private Limited: Raw material purchases (₹638.31 lakh), Interest income (₹2.72 lakh)

All transactions were in ordinary course of business at arm's length basis.

Employee Stock Option Plan

  • Adopted Poojaa Precision Engg. Limited Employee Stock Option Plan, 2025 (PPEL ESOP 2025)
  • Maximum option pool: 1,46,350 equity shares
  • No options granted, vested, exercised or lapsed during FY 2025-26

Key Ratios (FY 2025-26)

  • Current Ratio: 1.56
  • Debt-Equity Ratio: 0.31
  • Debt Service Coverage Ratio: 6.41
  • Return on Equity: 25%
  • Inventory Turnover Ratio: 5.35
  • Trade Receivables Turnover Ratio: 6.74
  • Trade Payables Turnover Ratio: 7.00
  • Net Profit Ratio: 11.38%
  • Return on Capital Employed: 36%

Registered Office and Facilities

  • Registered Office & Manufacturing Unit 1: Gat No. 253/1A, Chakan-Talegaon Road, Kharabwadi, Chakan, Pune, Maharashtra - 410501
  • Corporate Office: Office No. T3-401 & T-2 407, Kohinoor World Tower, Opp. Empire Estate, Chinchwad East, Pune, Maharashtra - 411019
  • Manufacturing Unit 2: Gat No. 251/1, Plot No. 9, 10, 11 & 13, Talegaon Chakan Road, Kharabwadi, Chakan Industrial Area, Pune, Maharashtra - 410501
  • Registrar & Share Transfer Agent: MUFG Intime India Private Limited

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