Key Quantitative Figures
Standalone Financial Results (in millions of rupees):
Quarter Ended September 30, 2026:
- Revenue from Operations: ₹126.13
- Other Income: ₹10.73
- Total Income: ₹136.86
- Profit Before Tax: ₹11.76
- Profit After Tax: ₹8.50
- Basic & Diluted EPS: ₹0.20
Half Year Ended September 30, 2026:
- Revenue from Operations: ₹211.20
- Other Income: ₹24.19
- Total Income: ₹235.39
- Profit Before Tax: ₹21.62
- Profit After Tax: ₹15.73
- Basic & Diluted EPS: ₹0.35
Consolidated Financial Results (in millions of rupees):
Quarter Ended September 30, 2026:
- Revenue from Operations: ₹426.73
- Other Income: ₹11.17
- Total Income: ₹437.90
- Profit Before Tax: ₹105.96
- Profit After Tax: ₹85.47
- Basic & Diluted EPS: ₹1.91
Half Year Ended September 30, 2026:
- Revenue from Operations: ₹767.87
- Other Income: ₹24.10
- Total Income: ₹791.97
- Profit Before Tax: ₹201.30
- Profit After Tax: ₹160.36
- Basic & Diluted EPS: ₹3.58
Dates of Action
- Board Meeting Date: October 28, 2026 (commenced at 1:30 PM, concluded at 4:40 PM)
- Financial Period: Quarter and Half Year ended September 30, 2026
- Review Report Date: October 28, 2026
Parties Involved
- Subsidiaries: Adroit Driveshafts Private Limited, Adroit Driveshafts Canada Limited, Adroit Driveshafts USA LLC
- Stock Exchanges: BSE Limited, National Stock Exchange of India Limited
- Auditors: Ashok Khasgiwala & Co. LLP
- Management: Saurabh Sangla (Chairman & Managing Director), B. R. Patidar (CFO)
Capital Structure Impact
- The company completed an Initial Public Offer (IPO) on September 30, 2026
- IPO comprised 11,247,000 equity shares (face value ₹10 each) at ₹134 per share
- Total IPO size: ₹15,070.98 lakhs (₹150.71 crore)
- Offer for sale: 1,350,000 shares (₹18.09 crore)
- Fresh issue: 9,897,000 shares (₹132.62 crore)
- Shares listed on BSE (scrip code: 544950) and NSE (symbol: ADROITIND)
Balance Sheet Position (Standalone as at September 30, 2026)
- Total Assets: ₹2,229.49 million
- Non-current Assets: ₹486.95 million
- Current Assets: ₹1,742.54 million
- Cash & Cash Equivalents: ₹1,301.86 million
- Total Equity: ₹2,018.06 million
- Equity Share Capital: ₹448.08 million
- Other Equity: ₹1,569.98 million
- Current Liabilities: ₹187.08 million
Cash Flow Statement (Standalone H1 FY27)
- Net Cash from Operating Activities: (₹186.49) million outflow
- Net Cash from Investing Activities: ₹236.21 million inflow
- Net Cash from Financing Activities: ₹1,245.17 million inflow
- Net Increase in Cash: ₹1,294.89 million
Subsidiary Financials (Consolidated)
- Three subsidiaries included in consolidation
- Foreign subsidiaries (Canada and USA) had total assets of ₹140.64 million as at September 30, 2026
- Foreign subsidiaries reported total revenues of ₹33.81 million for Q2 and ₹50.32 million for H1
- Foreign subsidiaries reported net loss after tax of ₹7.14 million for Q2 and ₹1.90 million for H1
Corporate Offices
- Corporate Office: Plot No. 99, Smart Industrial Park, Near NATRIP, Pithampur, Dhar, Madhya Pradesh - 454775