Financial Results Approval

The Board approved the Audited Financial Results for the quarter and half year ended September 30, 2026. The results were audited by BSR & Co. LLP, Chartered Accountants, who issued an unmodified opinion. The financial results are available on the company website at www.acglgoa.com.

Key Financial Figures (Rs. in Lakhs)

Quarter Ended September 30, 2026:

  • Revenue from operations: ₹26,559.38
  • Total income: ₹27,093.82
  • Profit before tax: ₹1,773.67
  • Tax expense: ₹453.78 (Current tax: ₹437.80, Deferred tax: ₹15.98)
  • Profit for the period: ₹1,319.89
  • Other comprehensive loss: ₹(18.76)
  • Total comprehensive income: ₹1,301.13
  • Basic EPS: ₹21.68
  • Diluted EPS: ₹21.68

Half Year Ended September 30, 2026:

  • Revenue from operations: ₹51,453.78
  • Total income: ₹52,365.02
  • Profit before tax: ₹3,292.61
  • Tax expense: ₹851.09 (Current tax: ₹829.80, Deferred tax: ₹21.29)
  • Profit for the period: ₹2,441.52
  • Other comprehensive loss: ₹(101.42)
  • Total comprehensive income: ₹2,340.10
  • Basic EPS: ₹40.10
  • Diluted EPS: ₹40.10

Comparative Performance:

Q2 FY27 profit declined 9.8% YoY from ₹1,463.61 lakhs in Q2 FY26 to ₹1,319.89 lakhs. Revenue increased 28.7% YoY from ₹20,638.15 lakhs to ₹26,559.38 lakhs.

Segment Performance

Pressing Segment:

  • Q2 FY27 revenue: ₹2,165.62 lakhs (external), ₹7.90 lakhs (inter-segment)
  • Segment result: ₹59.27 lakhs

Bus Body Segment:

  • Q2 FY27 revenue: ₹24,393.76 lakhs
  • Segment result: ₹1,473.03 lakhs

Tata Motors contributed ₹25,080.08 lakhs (94.4%) of total Q2 revenue.

Balance Sheet Position (as of September 30, 2026)

  • Total assets: ₹47,854.84 lakhs
  • Equity share capital: ₹608.86 lakhs
  • Other equity: ₹31,220.60 lakhs
  • Total equity: ₹31,829.46 lakhs
  • Current assets: ₹36,397.62 lakhs (including cash & cash equivalents: ₹4,227.38 lakhs)
  • Current liabilities: ₹14,314.06 lakhs

Buyback Approval

The Board approved buyback of up to 1,44,639 fully paid-up equity shares (2.38% of paid-up equity share capital) at a price of ₹2,005 per share through tender offer route. The aggregate consideration is ₹29,00,01,195 (Twenty-Nine Crore One Thousand One Hundred Ninety Five) excluding transaction costs.

The buyback size represents 2.38% of the aggregate of fully paid-up equity share capital and free reserves as per audited financial statements for half year ended September 30, 2026, within the statutory limit of 10%.

Buyback Committee

The Board designated a Buyback Committee comprising:

  • Mr. Yatin Kakodkar, Independent Director
  • Mr. Pranab Ghosh, CEO and Executive Director
  • Mr. Raghwendra Singh Butola, Chief Financial Officer

The committee is delegated powers to execute all buyback-related actions.

Shareholding Pattern

Pre-buyback shareholding as of October 21, 2026:

  • Promoter and Promoter Group: 29,82,214 shares (48.98%)
  • Public: 31,06,408 shares (51.02%)
  • Total: 60,88,622 shares

Promoter group members indicated they will not participate in the proposed buyback.

Management Changes

Mr. Yatin Kakodkar (DIN 00001433) will cease to be Independent Director and Chairman effective December 6, 2026. Ms. Swati Shivanand Salgaocar (DIN 03500612) was appointed as Chairman effective December 7, 2026.

Dividend Information

A final dividend of ₹22.50 per equity share was approved by shareholders at the AGM held on July 22, 2026, for FY26. The dividend was paid on August 20, 2026, resulting in cash outflow of ₹1,369.94 lakhs.

Operational Highlights

For Q2 FY26-27, the company delivered 2,336 bus bodies compared to 1,966 bus bodies in the corresponding quarter of previous year. The international business continues to face challenges due to geopolitical situation in the Middle East. Domestic business remained stable with focus on operational efficiency and cost optimization.

Meeting Details

The Board meeting commenced at 1:30 PM and concluded at 3:45 PM on October 21, 2026.