Summary of Key Information:
Reporting Period: Quarter ended June 30, 2026 (Q1 FY27)
Nature of Filing / Announcement: Outcome of Board Meeting - Unaudited Financial Results
Audit Opinion:
Unmodified opinion (clean) on both standalone and consolidated unaudited financial results for quarter ended June 30, 2026
Key Financial Highlights [All amounts in rupees lakh]:
Standalone Results:
Revenue from Operations: ₹9,501.30 lakh (Q1 FY26: ₹7,337.20 lakh) - 29.5% YoY increase
Total Income: ₹9,918.80 lakh (Q1 FY26: ₹8,351.70 lakh) - 18.8% YoY increase
Net Profit: ₹997.90 lakh (Q1 FY26: ₹1,620.40 lakh) - 38.4% YoY decrease
EPS: ₹2.68 (Q1 FY26: ₹4.35)
Consolidated Results:
Revenue from Operations: ₹14,108.00 lakh (Q1 FY26: ₹8,066.50 lakh) - 74.9% YoY increase
Total Income: ₹14,206.00 lakh (Q1 FY26: ₹8,615.40 lakh) - 64.9% YoY increase
Net Profit: ₹16,677.00 lakh (Q1 FY26: ₹12,265.00 lakh) - 36.0% YoY increase
Profit attributable to Owners of the Parent: ₹16,607.00 lakh
EPS: ₹4.47 (Q1 FY26: ₹3.26)
Segment-wise Performance:
The Company has one segment "Welding Fabrication Technology and Engineering" which includes Manufacturing, Trading and Job Work.
Corporate Actions:
Employee Stock Option Scheme: Diffusion ESOP Trust holds 3,00,000 equity shares of face value ₹10 each
100,000 options accepted by eligible employees at exercise price of ₹325 per equity share
Options vest in four tranches of 25% each
Other Significant Information:
Exceptional Item: For year ended March 31, 2026, the company recorded an exceptional item of ₹7.00 lakh related to one-time impact of New Labour Codes on employee benefit provisions.
Foreign Subsidiary Dividend: During quarter ended June 30, 2025, the company received dividend of USD 590,000 from wholly owned subsidiary Diffusion Engineers Singapore Pte. Ltd.
Associate Share: Consolidated results include share of net profit after tax ₹44.59 million for period from January 1, 2026 to June 30, 2026 from foreign associates Mecdiff Sdn Bhd and LSN Diffusion Ltd.