Machhar Industries Limited disclosed the outcome of its board meeting held on July 16, 2026, wherein the board approved the unaudited financial results for the quarter ended June 30, 2026, in compliance with SEBI Listing Regulations.

Board Meeting Details

The board meeting was held on Thursday, July 16, 2026, commencing at 12:30 PM and concluding at 3:45 PM. The meeting was conducted to approve the quarterly financial results.

Financial Results Approval

The board approved the following items:

1. Unaudited financial results (standalone and consolidated) for the quarter ended June 30, 2026, along with the Limited Review Report of Statutory Auditors

2. Declaration regarding unmodified opinion in the Limited Review Report

3. Confirmed that Annexures regarding deviation of variation, loan defaults, and related party transactions were not applicable

Standalone Financial Performance (Q1 FY27)

  • Revenue from operations: ₹608.29 lakhs (Q1 FY26: ₹350.86 lakhs)
  • Other income: ₹4.66 lakhs (Q1 FY26: ₹4.19 lakhs)
  • Total income: ₹612.95 lakhs (Q1 FY26: ₹355.06 lakhs)
  • Profit before tax: ₹39.52 lakhs (Q1 FY26: ₹11.63 lakhs)
  • Tax expense: ₹10.63 lakhs (Q1 FY26: ₹0.20 lakhs)
  • Net profit: ₹28.89 lakhs (Q1 FY26: ₹11.43 lakhs)
  • Basic EPS: ₹3.90 (Q1 FY26: ₹1.54)
  • Diluted EPS: ₹3.90 (Q1 FY26: ₹1.54)

Consolidated Financial Performance (Q1 FY27)

  • Revenue from operations: ₹608.29 lakhs
  • Other income: ₹4.66 lakhs
  • Total income: ₹612.95 lakhs
  • Profit before tax: ₹39.46 lakhs
  • Tax expense: ₹10.61 lakhs
  • Net profit: ₹28.85 lakhs
  • Basic EPS: ₹3.89
  • Diluted EPS: ₹3.89

Segment Reporting

The company operates in three segments: Adblue Division, Explosives Division, and Transportation Division. Segment results showed profitability across operations.

Audit Review

The financial results were reviewed by the Audit Committee and approved by the Board of Directors on July 16, 2026. The statutory auditors, Ashok R. Majethia & Co., issued unmodified limited review reports for both standalone and consolidated financial results.

Subsidiary Information

The consolidated results include Nirvan Nutra Private Limited, a joint venture company, which contributed minimal financial impact (total expenditure of ₹0.05 lakhs, net loss of ₹0.05 lakhs).

Capital Structure

Paid-up equity share capital remained unchanged at ₹74.09 lakhs (face value of ₹10 per share).

Compliance Status

The company confirmed no outstanding investor complaints, no deviations in preferential issue proceeds, no loan defaults, and no applicable related party transactions requiring disclosure.