Summary of Key Information:
Reporting Period (Quarter/Year): Quarter ended June 30, 2026 (Q1 FY27)
Nature of Filing / Announcement: Outcome of Board Meeting and Unaudited Financial Results
Audit Opinion:
Unmodified conclusion (clean opinion) by statutory auditors Deloitte Haskins & Sells
Key Financial Highlights [All figures in INR Crores]:
Standalone Results:
Revenue from Operations: ₹116.03 crore
Other Income: ₹7.31 crore
Total Income: ₹123.34 crore
Expenses Breakdown:
- Cost of materials consumed: ₹30.73 crore
- Changes in inventories of work in progress and finished goods: (₹6.21) crore
- Employee benefits expenses: ₹42.53 crore
- Finance costs: ₹3.28 crore
- Depreciation and amortization expenses: ₹5.92 crore
- Other expenses: ₹17.61 crore
Total Expenses: ₹93.86 crore
Profit before exceptional items and tax: ₹29.48 crore
Exceptional items: None for current quarter
Profit before tax: ₹29.48 crore
Tax expense (including deferred tax): ₹7.42 crore
Profit for the period: ₹22.06 crore
Other Comprehensive Income: (₹0.41) crore
Total Comprehensive Income: ₹21.65 crore
EPS (Face value of ₹2 each): ₹3.94 (Basic and Diluted)
Paid up equity share capital: ₹11.20 crore
Other Equity: ₹1,724.77 crore
Comparative Performance:
Q1 FY27 vs Q1 FY26:
- Revenue from Operations: ₹116.03 crore vs ₹99.33 crore (16.8% increase)
- Net Profit: ₹22.06 crore vs ₹25.50 crore (13.5% decrease)
- EPS: ₹3.94 vs ₹4.55
Segment-wise Performance:
The Company operates only in one business segment - manufacture, sale and service of defence electronics. No reportable segments as per Ind AS 108.
Corporate Actions:
Not Specified
Other Significant Information:
QIP Fund Utilization (as of June 30, 2026):
Total QIP proceeds: ₹487.74 crore
Total utilized: ₹461.49 crore
Unutilized amount: ₹26.25 crore
Breakdown of utilization:
- Funding Working Capital Requirements: ₹168.00 crore (fully utilized)
- Investment in Product Development: ₹142.59 crore of ₹167.24 crore (₹24.65 crore unutilized)
- Prepayment or Repayment of Borrowings: ₹25.00 crore (fully utilized)
- Funding capital expenditure for EMI-EMC Testing Facility: ₹13.63 crore of ₹15.23 crore (₹1.60 crore unutilized)
- Funding acquisition of land (including building): ₹7.75 crore (fully utilized)
- General corporate purposes: ₹104.52 crore (fully utilized)
Exceptional Items Note:
The exceptional item of ₹366.55 crore for year ended March 31, 2026 represents the incremental impact of revised definition of wages under the new Labour Codes notified by the Government of India on November 21, 2025.