Company Overview
Integra Engineering India Limited reported its financial results for FY26 and issued notice for its 44th Annual General Meeting. The company operates in the capital goods and industrial manufacturing sector with focus on railway equipment and components.
Financial Performance
For FY26, the company reported standalone revenue of ₹16,870.91 lakhs (FY25: ₹16,585.68 lakhs) and net profit of ₹1,542.16 lakhs (FY25: ₹1,848.77 lakhs). The board recommended no dividend for FY26 to conserve resources. Property, plant and equipment increased to ₹8,033.66 lakhs gross block with significant additions during the year. The company recognized ₹46.83 lakhs incremental expense due to implementation of new Labour Codes.
AGM Details and Corporate Actions
The 44th AGM will be held on July 17, 2026 through video conferencing to adopt FY26 financial statements and re-appoint Mr. Adrian Oehler as director. The board ratified appointment of Cost Auditor for FY27 at remuneration of ₹1.20 lakhs and disclosed ESOP exercise by CEO for 30,000 shares at ₹36 per share.
Regulatory Compliance Matters
The company paid ₹31.87 lakhs in compounding fees to RBI for delayed foreign exchange reporting and compliance violations from historical periods (2001-2005). Financial statements were prepared in compliance with Indian Accounting Standards (Ind AS) and audited by CNK & Associates LLP.
Associate Company Status
Integra Systems Private Limited, an associate company, entered liquidation per NCLT Ahmedabad order dated August 9, 2024. The company has fully impaired its ₹10 lakh investment in the associate. The matter remains pending with further hearing scheduled.
Capital Structure and Ownership
Promoter holding company Integra Holding AG maintains 54.39% stake. Paid-up equity share capital increased from 3,43,95,196 to 3,44,25,196 equity shares due to ESOP exercise. Total borrowings stood at ₹2,179.51 lakhs with term loans fully repaid during the year.
Management Changes and Governance
Mr. Kunal Thakrar (CFO) resigned effective May 29, 2026, while Mr. Mahendra Sanghvi completed his tenure as Independent Director. The company confirmed compliance with SEBI LODR regulations, adequate internal financial controls, and no material frauds reported by auditors.
Related Party Transactions
Material transactions were conducted with related parties including Integra Holding AG, Aquametro Oil & Marine AG, and Integra Metering SAS, all at arm's length and approved by Audit Committee. Key management personnel compensation totaled ₹214.05 lakhs for FY26.