Financial Performance for the Year

Revenue from operations for the financial year stood at ₹231 Crore. EBITDA reached ₹42 Crore, representing an EBITDA margin of 18.3%. Profit After Tax (PAT) stood at ₹39 Crore, representing a PAT margin of 16.8%.

Dividend Declaration

Reflecting confidence in the business, the Board has recommended a Final Dividend of ₹4 per equity share for the financial year. The face value of each equity share is ₹10.

Strategic and Operational Highlights

Product Launches:

  • The company unveiled a new corporate logo, reflecting a renewed purpose.
  • It launched the Continuous Miner 3500, a higher-powered machine engineered for medium-to-thick coal seams. This extends the product portfolio beyond the existing Continuous Miner 3000.
  • With this addition, the company now offers a comprehensive 'Continuous Miner package', positioning it as a provider of integrated, one-stop solutions in the underground mining equipment business.
  • The company entered the battery-operated equipment market with a fully Indigenous Passenger Car and Multi-Utility Vehicle.

Strategic Imperatives:

The Chairman outlined two core strategic priorities:

1. R&D driven product leadership: Continuous investment in designing future mining equipment that is more capable, efficient, and aligned with automation and sustainability imperatives.

2. Brand Strengthening: A deliberate effort to enhance brand visibility and market presence to expand into new and untapped markets.

Business Environment Context

The operating environment was described as challenging, with persistent geopolitical tensions and macroeconomic uncertainty dampening business sentiment and disrupting supply chains. The mining sector sustained steady momentum, propelled by energy transitions and renewed investment in core industries. In India, supportive policy, capacity augmentation in coal and metal mining, and sustained capital spending were noted as creating meaningful long-term opportunities. The construction equipment sector was underpinned by government infrastructure investment.

ESG (Environmental, Social, and Governance) Commitments

Environmental: The company marked World Environment Day with a tree plantation drive. A substantial portion of its operations is powered by renewable energy.

Social: The company supported employee well-being through expert-led sessions on healthy lifestyles.

Governance: The statement emphasizes that strong, transparent oversight is considered the foundation for sustainable companies.

Balance Sheet and Financial Position

The company's balance sheet was described as strong and disciplined, supported by a robust net cash position. This foundation is stated to reinforce resilience and equip the company to seize emerging opportunities.

Acknowledgments

Thanks were extended to shareholders, customers, business partners, and employees for their continued trust, support, and commitment.