Key Financial Figures - Standalone (INR Lakhs)

Quarter Ended 30th September 2026:

  • Total Income: ₹55,168
  • Total Expenses: ₹45,240
  • Profit Before Tax: ₹9,928
  • Tax Expense: ₹2,517 (Current tax: ₹2,517, Deferred tax: ₹-64)
  • Net Profit After Tax: ₹7,475
  • Basic EPS: ₹3.33
  • Diluted EPS: ₹3.33

Half Year Ended 30th September 2026:

  • Total Income: ₹96,952
  • Total Expenses: ₹79,155
  • Profit Before Tax: ₹17,797
  • Tax Expense: ₹4,549 (Current tax: ₹4,549, Deferred tax: ₹-84)
  • Net Profit After Tax: ₹13,332
  • Basic EPS: ₹5.94
  • Diluted EPS: ₹5.94

Comparative Figures (Quarter Ended 30th September 2025):

  • Total Income: ₹51,449
  • Net Profit After Tax: ₹7,889
  • Basic EPS: ₹3.52

Key Financial Figures - Consolidated (INR Lakhs)

Quarter Ended 30th September 2026:

  • Revenue from Operations: ₹63,894
  • Other Income: ₹1,979
  • Total Income: ₹65,873
  • Profit Before Tax: ₹12,476
  • Tax Expense: ₹2,905 (Current tax: ₹2,905, Deferred tax: ₹-64)
  • Net Profit After Tax: ₹9,635
  • Basic EPS: ₹4.29
  • Diluted EPS: ₹4.29

Half Year Ended 30th September 2026:

  • Revenue from Operations: ₹1,15,950
  • Other Income: ₹4,170
  • Total Income: ₹1,20,120
  • Profit Before Tax: ₹21,792
  • Tax Expense: ₹5,206 (Current tax: ₹5,206, Deferred tax: ₹-84)
  • Net Profit After Tax: ₹16,670
  • Basic EPS: ₹7.43
  • Diluted EPS: ₹7.43

Dividend Declaration

  • Interim Dividend: ₹0.50 per equity share (50% on face value of ₹1 each)
  • Record Date: 21st October 2026
  • Payment Date: On or after 4th November 2026

Segment Performance (Standalone)

Transmission Equipment Division:

  • Q2 FY27 Revenue: ₹38,355
  • Q2 FY27 Segment Profit: ₹8,047
  • H1 FY27 Revenue: ₹67,685
  • H1 FY27 Segment Profit: ₹13,681

Material Handling Equipment Division:

  • Q2 FY27 Revenue: ₹15,851
  • Q2 FY27 Segment Profit: ₹3,452
  • H1 FY27 Revenue: ₹27,015
  • H1 FY27 Segment Profit: ₹6,522

Exceptional Items

Eimco Elecon (India) Ltd ceased to be an Associate effective 23rd April 2025 and was reclassified as financial asset at fair value. Unrealized mark-to-market gain of ₹14,942 lakhs (net of tax) till date of termination was credited to Statement of Profit and Loss as exceptional item in H1 FY25.

Operational Highlights from Press Release

  • Gear Division Q2 revenue: ₹488 crore, up 10.6% YoY
  • Gear Division EBIT: ₹108 crore, up 27.2% YoY with margin of 22.1%
  • MHE Division Q2 revenue: ₹151 crore, up 10.4% YoY
  • Consolidated order intake: ₹746 crore in Q2 FY27, up 8.4% YoY
  • Open order book: ₹1,635 crore as of 30th September 2026
  • Overseas business revenue: ₹159 crore in Q2 FY27, up 30.6% YoY

Credit Ratings Update

Long Term moved from [ICRA] AA (Stable) to [ICRA] AA (Positive), Short Term reaffirmed at [ICRA] A1+

Collateral Security Release

SBI Bank (Lead Banker) released Collateral Security for Fund Based and Non-Fund Based Working Capital Limits. Hypothecation of movable and immovable Fixed Assets including Plant & Machineries removed.

Meeting Details

Board meeting commenced at 11:00 a.m. and concluded at 01:10 p.m. on 14th October 2026