Board Meeting Details
The Board meeting was held on Wednesday, May 27, 2026, commencing at 1:00 PM and concluding at 1:30 PM.
Key Approvals
1. Audited Financial Results: Approved audited Standalone & Consolidated Financial Results for the quarter and year ended March 31, 2026, along with Auditor's Report with unmodified opinion issued by M/s B. Chhawchharia & Co., Chartered Accountants.
2. Dividend Recommendation: Recommended Final Dividend for FY 2025-26 of ₹1.00 per equity share, subject to approval of shareholders at the forthcoming Annual General Meeting.
Standalone Financial Results (₹ in lacs)
| Particulars | Q4 FY26 (Audited) | Q4 FY25 (Audited) | FY26 (Audited) | FY25 (Audited) |
| Revenue from operations | 11,355.58 | 15,052.00 | 47,488.48 | 53,465.68 |
| Other income | 503.08 | 638.70 | 1,115.66 | 1,035.65 |
| Total income | 11,854.66 | 15,713.10 | 48,604.14 | 54,501.33 |
| Total expenses | 11,580.55 | 13,170.27 | 44,787.89 | 47,076.18 |
| Profit before tax | 274.10 | 2,543.63 | 3,816.25 | 10,077.48 |
| Tax expense | 134.90 + 180.66 | 390.75 + 175.80 | 878.00 + 180.66 | 2,286.87 + 175.80 |
| Net profit after tax | 106.94 | 1,577.08 | 2,757.59 | 7,614.81 |
| Other comprehensive income | 55.31 | (58.16) | 55.31 | (58.16) |
| Total comprehensive income | 166.15 | 1,518.92 | 2,816.80 | 7,556.65 |
| EPS (₹) | 0.80 | 9.23 | 13.50 | 36.33 |
| Equity share capital | 1,040.00 | 1,040.00 | 1,040.00 | 1,040.00 |
| Reserves | - | - | 38,238.01 | 35,629.20 |
Consolidated Financial Results (₹ in lacs)
| Particulars | Q4 FY26 (Audited) | Q4 FY25 (Audited) | FY26 (Audited) | FY25 (Audited) |
| Revenue from operations | 11,675.86 | 15,350.32 | 52,418.32 | 58,478.68 |
| Other income | 558.58 | 649.28 | 1,235.34 | 1,242.02 |
| Total income | 12,234.45 | 15,999.60 | 53,653.67 | 59,720.70 |
| Total expenses | 11,853.63 | 13,674.26 | 48,653.37 | 51,179.61 |
| Profit before tax | 380.82 | 2,325.34 | 5,000.30 | 11,193.41 |
| Tax expense | (33.87) + 182.84 | 352.00 + 167.68 | 1,126.96 + 182.84 | 2,592.32 + 167.68 |
| Net profit after tax | 231.85 | 1,805.66 | 3,690.50 | 8,433.42 |
| Other comprehensive income | 59.21 | (58.18) | 59.21 | (58.18) |
| Total comprehensive income | 291.05 | 1,747.48 | 3,749.70 | 8,375.24 |
| EPS (₹) | 1.40 | 8.40 | 18.03 | 40.27 |
| Equity share capital | 1,040.00 | 1,040.00 | 1,040.00 | 1,040.00 |
| Reserves | - | - | 41,357.04 | 37,701.55 |
Exceptional Items
The Company received USD 31,83,528 (equivalent to ₹2652.33 lacs) as dividend from its Wholly Owned Subsidiary "Bajaj Coneagle LLC, Alabama, USA" during the quarter ended June 30, 2024, shown as Exceptional Items in the results.
Labour Codes Impact Assessment
The Company evaluated the impact of newly notified Labour Codes (Code on Wages 2019, Industrial Relations Code 2020, Code on Social Security 2020, and Occupational Safety, Health and Working Conditions Code 2020) and concluded no impact on these financial results based on ICAI guidance.
Segment Reporting
The Company has identified "Multiple Engineering Products" as its only reportable segment.
Cash Flow Highlights (Standalone, ₹ in lacs)
| Particulars | FY26 | FY25 |
| Net cash from operating activities | 7,488.70 | 4,933.00 |
| Net cash from investing activities | (5,603.69) | (4,529.50) |
| Net cash from financing activities | (493.18) | 30.08 |
| Net increase in cash | 1,390.83 | 433.58 |
| Cash at beginning | 7,520.07 | 7,086.49 |
| Cash at end | 8,910.90 | 7,520.07 |
Balance Sheet Position (Standalone, ₹ in lacs)
| Particulars | March 31, 2026 |
| Total assets | 65,434.91 |
| Equity share capital | 1,040.00 |
| Other equity | 38,238.01 |
| Total equity | 39,278.01 |
| Non-current liabilities | 2,932.34 |
| Current liabilities | 23,224.56 |
Auditor's Opinion
Statutory Auditors M/s B. Chhawchharia & Co. issued unmodified opinion on both standalone and consolidated financial results, confirming:
- Presentation in accordance with Listing Regulations requirements
- True and fair view in conformity with applicable accounting standards
- Compliance with Indian Accounting Standards (Ind AS)
Entities Included in Consolidation
The consolidated results include:
- Bajaj Coneagle LLC (foreign subsidiary)
- Bajaj Steel Industries (U) Ltd
- Bajaj Services Ltda
- Bajaj Continental Ltda