Key Financial Figures - Standalone Results (Amount in ₹ Lakhs)

Quarter Ended June 30, 2026 (Unaudited):

  • Income from operations: ₹728.84
  • Other income: ₹166.03
  • Total Income: ₹894.88
  • Total Expenses: ₹721.29
  • Profit before tax: ₹173.59
  • Tax Expense: ₹53.81 (Current Tax: ₹28.74, Earlier Tax: ₹0.25, Deferred Tax: ₹24.82)
  • Profit for the period: ₹119.78
  • Earnings per equity share (Basic): ₹0.38
  • Paid-up equity share capital: ₹1,588.52 (Face value ₹5 per share)

Comparative Figures:

  • Q1 FY2026 (June 30, 2025): Revenue ₹433.18 lakhs, Net Profit ₹73.13 lakhs, EPS ₹0.23
  • Q4 FY2026 (March 31, 2026): Revenue ₹1,012.96 lakhs, Net Loss ₹249.97 lakhs, EPS -₹0.79
  • FY2026 (March 31, 2026): Revenue ₹4,017.82 lakhs, Net Profit ₹349.71 lakhs, EPS ₹1.10

Expense Breakdown (Q1 FY2027):

  • Cost of materials consumed: ₹336.04
  • Changes in Inventories: ₹85.02
  • Employee benefits expense: ₹119.16
  • Finance costs: ₹21.06
  • Depreciation and amortisation: ₹10.18
  • Other expenses: ₹149.84

Consolidated Results

The consolidated financial results include the following subsidiaries:

  • Faradigm Ultracapacitors Private Limited
  • AIC- Aartech Solonics Private Limited

Auditor's Review

BANCRS & CO. LLP, Chartered Accountants, issued an unqualified review report on both standalone and consolidated results. They emphasized a matter regarding the company's investment in Enerqual Technology Private Limited (Associate Entity), where an ongoing dispute prevents obtaining sufficient financial information for proper consolidation.

Key Notes from Financial Statements

1. Business Segments: The company operates in manufacturing Electrical Items including Control & Relay Panel, Bus Transfer System, Ultracapacitors, Waste to Compost Machine etc. All operations are confined to India.

2. Margin Improvement: Gross margins and net profit margins show continued increasing trends due to change in product mix. The company has started manufacturing panels of advanced ratings resulting in increased prices, and expects panel volumes to increase in future years.

3. Associate Company Dispute: The company has a ₹3 lakh investment (30% shareholding) in Enerqual Technology Private Limited. An ongoing dispute prevents obtaining financial statements for proper equity accounting. The company recognized income from share in profit of associate of ₹1.22 lakhs in FY 2025-26 pertaining to FY 2024-25. Management believes the dispute will not have material impact on financial results.

4. Capital Structure: No change in paid-up equity share capital during the quarter, remaining at ₹1,588.52 lakhs.