Company Overview

Bemco Hydraulics Limited, with subsidiaries Bemco FluidTechnik LLP and Pegasys Machines Private Limited, operates in manufacturing hydraulic press machines, portable re-railing equipment, and high-performance hydraulic components. The company serves domestic and international markets with equity shares listed on BSE since August 4, 1987.

Financial Performance Highlights

FY26 Consolidated Results:

  • Revenue from operations: ₹8,066.98 lakhs (Previous Year: ₹8,276.86 lakhs)
  • Net profit before tax: ₹2,051.60 lakhs (Previous Year: ₹1,753.72 lakhs)
  • Net profit after tax: ₹1,486.75 lakhs (Previous Year: ₹1,253.71 lakhs)
  • Total comprehensive income: ₹1,481.82 lakhs (Previous Year: ₹1,229.26 lakhs)
  • Earnings per share: ₹3.40 (Previous Year: ₹2.87)

FY26 Standalone Performance:

  • Turnover: ₹8,160.41 lakhs (Previous Year: ₹8,347.71 lakhs)
  • Profit Before Tax: ₹1,390.92 lakhs (Previous Year: ₹1,226.93 lakhs)
  • Profit After Tax: ₹994.29 lakhs (Previous Year: ₹920.48 lakhs)

68th Annual General Meeting

The company convened its 68th AGM on August 13, 2026 to approve FY26 financial statements and declare final dividend at 10% (₹0.10 per equity share) on equity shares of face value ₹1 each. Proposed special resolutions include related party transactions worth ₹6 crore with subsidiary Bemco Fluidtechnik LLP and leasing of 40,000 sq ft property. The board recommended reappointment of directors and revision of MD's remuneration to ₹8.5 lakh monthly from April 2027.

Capital Structure Changes

The company sub-divided equity shares from ₹10 to ₹1 face value and subsequently issued 2,18,67,000 bonus equity shares in 1:1 ratio. Post these changes:

  • Equity share capital: ₹438.01 lakhs (Previous Year: ₹219.34 lakhs)
  • Total equity: ₹8,450.90 lakhs (Previous Year: ₹7,012.25 lakhs)
  • Increased authorized share capital from ₹8,00,00,000 to ₹8,50,00,000

Key Financial Ratios

| Ratio | Current Period | Previous Period | % Change |

| Current Ratio | 1.44 | 1.23 | 17.29% |

| Debt-Equity Ratio | 0.19 | 0.22 | -14.69% |

| Return on Equity Ratio | 0.14 | 0.15 | -7.49% |

| Net Profit Ratio (%) | 12.18% | 11.03% | 10.50% |

| Trade Receivables turnover Ratio | 2.27 | 3.17 | -28.25% |

Related Party Transactions

Significant transactions include investments in subsidiaries (₹1,858.56 lakhs), trade receivables from Bemco Fluidtechnik LLP (₹3.65 lakhs), short-term borrowings from related parties (₹809.22 lakhs), and purchase of raw materials from Bemco Fluidtechnik LLP (₹159.58 lakhs).

Auditor's Report and Compliance

Auditors identified revenue recognition as a key audit matter and reported qualifications in CARO regarding accounting software not having audit trail facility. Unmodified opinion was issued on both standalone and consolidated financial statements. Contingent liabilities include GST demand disputed in appeal (₹144.89 lakhs) and legal cases (₹69.20 lakhs and ₹146.35 lakhs).

Corporate Governance and Subsidiary Performance

Board composition includes 6 Directors (1 Executive, 5 Non-executive including 3 Independent and 1 Woman Director). Subsidiary Pegasys Machines reported turnover of ₹1,463.07 lakhs and PAT of ₹486.91 lakhs, while Bemco Fluidtechnik LLP reported turnover of ₹412.26 lakhs.

Important Dates and Voting Information

  • AGM Date: August 13, 2026
  • Record Date: August 6, 2026
  • E-voting Period: August 9-12, 2026
  • Book Closure: August 7-13, 2026
  • Dividend Payment: Subject to approval at AGM