Financial Performance - H1 FY27
Income Statement (₹ Lakhs):
- Revenue from Operations: 4,220.27 (H1 FY26: 2,845.01) - 48.34% YoY growth
- Total Income: 4,226.38 (H1 FY26: 2,851.71) - 48.21% YoY growth
- EBITDA: 994.89 (H1 FY26: 673.96) - 47.62% YoY growth
- EBITDA Margin: 23.54% (H1 FY26: 23.63%) - decline of 9 basis points
- Net Profit: 653.05 (H1 FY26: 447.58) - 45.91% YoY growth
- Net Profit Margin: 15.45% (H1 FY26: 15.70%) - decline of 25 basis points
- Diluted EPS: ₹9.64 (H1 FY26: ₹8.97) - 7.47% growth
Expense Breakdown (₹ Lakhs):
- Cost of materials consumed: 2,843.00
- Employee benefits expense: 194.53
- Other Expenses: 193.96
- Depreciation and Amortisation: 111.67
- Finance Cost: 10.01
- Tax Expense: 220.16 (Current Tax: 216.53, Deferred Tax: 3.63)
Historical Financial Performance
Annual Income Statement (₹ Lakhs):
- FY24 Revenue: 1,968.24, Net Profit: 334.81, EPS: ₹7.45
- FY25 Revenue: 5,335.82, Net Profit: 630.25, EPS: ₹12.99
- FY26 Revenue: 6,890.99, Net Profit: 1,001.28, EPS: ₹18.39
Balance Sheet Position (H1 FY27)
Equity & Liabilities (₹ Lakhs):
- Total Equity: 7,696.54 (Share Capital: 677.28, Reserves & Surplus: 7,019.26)
- Total Non-Current Liabilities: 38.46
- Total Current Liabilities: 3,534.41
- Total Equity & Liabilities: 11,269.41
Assets (₹ Lakhs):
- Non-Current Assets: 4,083.11 (Property, Plant & Equipment: 1,626.11, Capital Work in Progress: 1,498.80)
- Current Assets: 7,186.30 (Inventories: 2,997.21, Trade Receivables: 1,490.43, Cash & Bank: 469.17)
Cash Flow Statement (H1 FY27)
- Net Cash Flow from Operating Activities: 1,205.24
- Net Cash Flow from Investing Activities: (1,437.73)
- Net Cash Flow from Financing Activities: 249.51
- Net increase in cash: 17.02
- Cash and cash equivalents at end: 469.17
Business Overview and Strategic Position
Admach Systems Limited is a tech-first engineering solutions company specializing in Special Purpose Machinery (SPM) and advanced industrial systems, serving defense, nuclear & atomic energy, aerospace, mining, steel, automobile, food processing, tooling, and advanced engineering industries.
Key Business Highlights:
- Robust order book of ₹77.42 crore providing strong revenue visibility
- Secured prestigious ₹10.62 crore Nuclear Fuel Flow Control order from Nuclear Fuel Complex, Department of Atomic Energy, Government of India
- Supplies mission-critical NDT systems for defense applications including bomb shells and missile bodies to Ordnance Factories in India
- Global technology partnerships with European companies including Visi Consult, Braun Maschinen Fabrik GmbH, SAS Engineering, Nordinkraft, Surface Engineering, and SOFRATEST
- Fully integrated manufacturing facility with in-house design, fabrication, machining, assembly, and multi-stage QC capabilities
Management Team
- Ajay Chamanlal Longani: Chairman and Managing Director (Mechanical Engineering background)
- Rajni Ajay Longani: Executive Director (HR and administration)
- Mahesh Chamanlal Longani: Executive Director (Instrumentation Engineering background)
- Sonal Mahesh Longani: Non-Executive Director (Commerce background)
- Atul Ashok Dange: Independent Director (Mechanical Engineering with sales experience)
- Abhishek Singh: Independent Director (Commerce with steel industry business development experience)
Market Context and Growth Drivers
The presentation highlights several macro trends supporting growth:
- Manufacturing contributes 16-17% of GDP with target to reach 25%
- Government capex tripled from ₹4 lakh crore to ~₹12 lakh crore
- Nuclear energy target of 22.5 GW by 2032 and 100 GW by 2047
- Budget 2025-26 allocated ₹20,000 crore for Small Modular Reactors development
- Defence exports reached record ₹23,622 crore in FY 2024-25
- Engineering exports expected to reach US$200 billion by 2030
Capital Markets Information
- Current Market Price: ₹445.45 (as of 26th Oct, 2026)
- 52 Week High/Low: ₹524.75/₹179.00
- Market Capitalization: ₹307.99 crore
- Face Value: ₹10.00
- Listed on BSE SME Platform