Financial Performance Highlights (FY 2025-26)

  • Total Revenue: ₹953 crore (31% YoY growth from ₹708 crore in FY25)
  • Net Profit: ₹271 crore (22% YoY growth from ₹222 crore in FY25)
  • EBITDA: ₹371 crore (35% YoY growth)
  • Order Inflows: ₹1,121 crore (216% YoY growth) with Export Order Book of ₹53 crore
  • Cash and Bank Balances: ₹94 crore with Mutual Fund Investments of ₹329 crore
  • Debt-free status maintained with strong liquidity position

Annual General Meeting Details

  • Date: Friday, July 31, 2026 at 11:00 AM IST
  • Mode: Video Conferencing / Other Audio Visual Means
  • Cut-off Date: July 24, 2026
  • Register Closure: July 25-31, 2026
  • Remote e-voting: July 28 (9:00 AM) to July 30 (5:00 PM), 2026

AGM Agenda Items

Ordinary Business

1. Adoption of audited financial statements for FY26

2. Declaration of final dividend of ₹10 per equity share (total ₹55.98 crore)

3. Re-appointment of Mr. Vijay Ananth K as director retiring by rotation

Special Business

4. Re-appointment of Mr. Vijay Ananth K as Whole-time Director for 5 years

5. Re-appointment of independent directors for second terms

6. Ratification of cost auditor's remuneration of ₹85,000 for FY26

Dividend Information

  • Final Dividend Recommended: ₹10 per equity share of ₹2 each
  • Record Date: July 24, 2026
  • Total Cash Outflow: Approximately ₹55.98 crore if approved
  • Previous Dividend: ₹7.90 per share (FY25 interim) and ₹6.50 per share (FY24 final)

Operational and Strategic Highlights

  • Employee strength: 1,599 (3.5% increase YoY) with attrition rate reduced to 4.6% from 7.1%
  • R&D investment: ₹22.81 crore during FY26
  • CSR expenditure: ₹4.50 crore impacting 18,000+ beneficiaries
  • Significant product development including Low-Level Lightweight Radar, Radar Warning Receiver for Fighter Aircraft, and Mission Management and Display Computer
  • Transportable Precision Approach Radar exported to European customer

Financial Position and Investments

  • Total Equity: ₹1,736 crore (FY25: ₹1,508 crore)
  • Trade Receivables: ₹728 crore (FY25: ₹596 crore)
  • Inventory: ₹274 crore (FY25: ₹319 crore)
  • Property, Plant and Equipment: ₹29 crore net block
  • Major Mutual Fund Holdings: Tata Arbitrage Fund (₹74 crore), SBI Arbitrage Opportunities Fund (₹64 crore)

Employee Benefits and Exceptional Items

  • Gratuity Liability: ₹25 crore with plan assets of ₹8 crore
  • Net Defined Benefit Obligation: ₹18 crore
  • Exceptional Item: ₹3 crore for statutory impact of new Labour Codes on employee benefits

Corporate Governance and Compliance

  • Board Composition: 8 directors including 4 independent directors
  • Compliance with all SEBI LODR Regulations confirmed
  • Secretarial Audit Report by Alagar & Associates LLP without qualifications
  • Statutory Audit by Deloitte Haskins & Sells without qualifications
  • No benami properties, crypto currency transactions, or willful default status
  • All related party transactions at arm's length

Share Capital Structure

  • Authorized Capital: 78.75 million equity shares of ₹2 each
  • Issued Capital: 55.98 million equity shares
  • Promoter Holding: 42.40% with major shareholders S. Rangarajan (22.80%) and Rekha Rangarajan (19.02%)

Signatories and Documentation

  • Digitally signed by Company Secretary and Compliance Officer R Prakash
  • Statutory auditors: Deloitte Haskins & Sells (Ananthi Amarnath, Partner)
  • Cost auditor: CMA G Sundaresan
  • Documents accessible on company website as per Regulation 36(1)(b) of SEBI LODR