Summary of Key Information:
Reporting Period: Quarter and Year ended 31 March 2026
Nature of Filing / Announcement: Outcome of Board Meeting under Regulation 30 of SEBI (LODR) Regulations 2015
Audit Opinion:
Unmodified opinion (clean) from Saini Pati Shah & Co LLP for both standalone and consolidated financial results
Key Financial Highlights [₹ in lakhs]:
Standalone Results:
Quarter ended 31 March 2026:
- Revenue from Operations: 24,452.95 (Q4 FY25: 22,498.72 | +8.7% YoY)
- Total Income: 24,843.93
- Net Profit: 1,538.29 (Q4 FY25: 1,282.09 | +20.0% YoY)
- EPS: ₹1.11 (basic), ₹1.11 (diluted)
Year ended 31 March 2026:
- Revenue from Operations: 74,693.71 (FY25: 70,058.40 | +6.6% YoY)
- Total Income: 76,424.06
- Net Profit: 5,287.03 (FY25: 4,102.34 | +28.9% YoY)
- EPS: ₹3.83 (basic), ₹3.93 (diluted)
- Other Equity: 42,795.07 (FY25: 34,937.52)
- Cash and Cash Eququivalents: 1,448.95
- Total Debt: Not separately disclosed in summary
Consolidated Results:
Quarter ended 31 March 2026:
- Revenue from Operations: 27,748.17 (Q4 FY25: 25,074.06 | +10.7% YoY)
- Total Income: 28,096.08
- Net Profit: 1,857.37 (Q4 FY25: 1,351.08 | +37.5% YoY)
- EPS: ₹1.33 (basic and diluted)
Year ended 31 March 2026:
- Revenue from Operations: 87,693.51 (FY25: 76,709.53 | +14.3% YoY)
- Total Income: 89,321.93
- Net Profit: 5,861.91 (FY25: 3,811.25 | +53.8% YoY)
- EPS: ₹4.22 (basic and diluted)
- Other Equity: 46,491.53
- Cash and Cash Equivalents: 2,227.13
Segment-wise Performance:
Standalone Segment Revenue [₹ in lakhs]:
Marine Segment:
- Q4 FY26: 11,722.16 (Q4 FY25: 12,377.34 | -5.3% YoY)
- FY26: 33,416.59 (FY25: 32,954.77 | +1.4% YoY)
Industry Segment:
- Q4 FY26: 12,730.79 (Q4 FY25: 10,121.38 | +25.8% YoY)
- FY26: 41,277.12 (FY25: 37,103.63 | +11.2% YoY)
Consolidated Segment Revenue [₹ in lakhs]:
Marine Segment:
- Q4 FY26: 15,017.38 (Q4 FY25: 14,952.69 | +0.4% YoY)
- FY26: 46,416.39 (FY25: 39,605.90 | +17.2% YoY)
Industry Segment:
- Q4 FY26: 12,730.79 (Q4 FY25: 10,121.37 | +25.8% YoY)
- FY26: 41,277.12 (FY25: 37,103.63 | +11.2% YoY)
Corporate Actions:
- Converted 20,00,000 share warrants into equivalent equity shares against 75% subscription money received of ₹3,075.00 lakhs
- Unsecured loan of ₹476.57 lakhs to subsidiary Evigo Charge Private Limited converted into 47,65,681 equity shares at par on 18 February 2026
- Equity stake in Evigo Charge increased from 91.74% to 96.52% post conversion
Other Significant Information:
- Subsequent to year end, Narhari Engineering Works (99% profit share) reconstituted into MEL Heavy Industries Private Limited
- Company holds same percentage of shareholding post reconstitution
- Entities included in consolidation: 10 subsidiaries including international entities in UAE, Italy, Canada, Singapore
- Exceptional items due to Labour Code implementation impact on gratuity and leave encashment liability [Non-Recurring]