AUSTIN ENGINEERING COMPANY LIMITED

Key Quantitative Figures (Standalone - FY ended March 31, 2026)

  • Revenue from Operations: ₹11,933.61 Lakhs (Previous Year: ₹10,292.40 Lakhs)
  • Total Income: ₹12,232.86 Lakhs (Previous Year: ₹10,498.00 Lakhs)
  • Profit before tax: ₹638.07 Lakhs (Previous Year: ₹446.16 Lakhs)
  • Total Tax Expense: ₹193.99 Lakhs (Previous Year: ₹93.49 Lakhs)
  • Profit after tax: ₹444.08 Lakhs (Previous Year: ₹352.67 Lakhs)
  • Total Comprehensive Income: ₹496.50 Lakhs (Previous Year: ₹423.90 Lakhs)
  • Earnings Per Share (Basic & Diluted): ₹12.77 (Previous Year: ₹10.14)
  • Paid-up Equity Share Capital: ₹347.78 Lakhs (unchanged)
  • Other Equity: ₹6,517.80 Lakhs (Previous Year: ₹6,058.86 Lakhs)

Key Quantitative Figures (Standalone - Q4 ended March 31, 2026)

  • Revenue from Operations: ₹2,974.50 Lakhs (Q4 FY25: ₹2,839.64 Lakhs)
  • Total Income: ₹3,100.49 Lakhs (Q4 FY25: ₹2,943.78 Lakhs)
  • Profit before tax: ₹191.09 Lakhs (Q4 FY25: ₹79.78 Lakhs)
  • Profit after tax: ₹95.07 Lakhs (Q4 FY25: ₹70.99 Lakhs)
  • Earnings Per Share (Basic & Diluted): ₹2.73 (Q4 FY25: ₹2.04)

Key Quantitative Figures (Consolidated - FY ended March 31, 2026)

  • Profit after tax attributable to owners: ₹484.43 Lakhs (Previous Year: ₹384.34 Lakhs)
  • Total Comprehensive Income attributable to owners: ₹536.86 Lakhs (Previous Year: ₹455.58 Lakhs)
  • Earnings Per Share (Basic & Diluted): ₹13.93 (Previous Year: ₹11.05)

Key Quantitative Figures (Consolidated - Q4 ended March 31, 2026)

  • Profit after tax attributable to owners: ₹119.86 Lakhs (Q4 FY25: ₹88.78 Lakhs)
  • Earnings Per Share (Basic & Diluted): ₹3.45 (Q4 FY25: ₹2.55)

Dates of Action

  • Board Meeting Date: May 27, 2026
  • Resignation Effective Date: May 20, 2026 (Mr. Jagani)
  • Book Closure for AGM: September 22, 2026, to September 28, 2026 (both days inclusive)
  • Financial Year End: March 31, 2026

Parties Involved

  • Subsidiary: Austin Engineering Company - U.S.A. (100% ownership)
  • Statutory Auditors: J. C. Ranpura & Co., Chartered Accountants (Firm Reg. No.108647W)
  • Individuals:
  • Mr. Jagdishchandra B. Jagani (Resigned Independent Director, DIN: 02645671)
  • Mr. Hiren N. Vadgama (Chairman, DIN: 00145992)
  • Mr. Rajan R Bambhania (Managing Director & CEO)
  • Mr. Siddik A Kotal (Chief Financial Officer)
  • Ms. Kiran H. (Executive - Secretarial)

Purpose / Rationale

The disclosure was made to comply with SEBI LODR Regulations 30 and 33, informing the exchange of material decisions taken by the Board.

Operational & Segment Information (Standalone)

The company operates in two reportable segments:

1. Bearing: FY26 Revenue - ₹12,659.46 Lakhs; Segment Result - ₹658.75 Lakhs

2. Wind Turbine Power Generation: FY26 Revenue - ₹47.91 Lakhs; Segment Result - ₹21.65 Lakhs

Capital Structure Impact

No change in paid-up equity share capital reported. The resignation of a director does not impact the capital structure.

Cash Flow Implications (Standalone - FY26)

  • Net cash from operating activities: ₹461.96 Lakhs
  • Net cash used in investing activities: (₹308.00) Lakhs
  • Net cash used in financing activities: (₹184.63) Lakhs
  • Net decrease in cash: (₹30.67) Lakhs

Audit Opinion

The statutory auditors, J. C. Ranpura & Co., issued an unmodified (clean) audit opinion on both the standalone and consolidated financial results for the quarter and year ended March 31, 2026.

Other Material Updates

  • The Board approved the Draft Annual Report for FY 2025-26.
  • The Board noted the resignation of Mr. Jagani, who was the Chairperson of all board committees, due to his preoccupancy.
  • The Board reconstituted the Audit Committee, Nomination and Remuneration Committee, and Stakeholder Relationship Committee.