1. Approval of Financial Results
The Board approved the Unaudited Standalone and Consolidated Financial Results along with the Limited Review Report of Statutory Auditors for the quarter and half year ended 30th September 2026. The results were prepared in accordance with Indian Accounting Standards (IND AS) as per the Companies (Indian Accounting Standards) Rules, 2015.
Standalone Financial Highlights (Q2 FY27 vs Q2 FY26):
- Revenue from operations: ₹7,376.09 Lakhs (vs ₹5,941.84 Lakhs)
- Total Income: ₹7,502.58 Lakhs (vs ₹6,030.47 Lakhs)
- Profit Before Tax: ₹754.83 Lakhs (vs ₹631.81 Lakhs)
- Profit After Tax: ₹562.32 Lakhs (vs ₹456.26 Lakhs)
- Basic & Diluted EPS: ₹1.10 (vs ₹0.89)
Standalone Financial Highlights (H1 FY27 vs H1 FY26):
- Revenue from operations: ₹13,957.61 Lakhs (vs ₹12,391.93 Lakhs)
- Total Income: ₹14,216.86 Lakhs (vs ₹12,544.56 Lakhs)
- Profit Before Tax: ₹1,465.04 Lakhs (vs ₹1,336.02 Lakhs)
- Profit After Tax: ₹1,091.67 Lakhs (vs ₹976.01 Lakhs)
- Basic & Diluted EPS: ₹2.14 (vs ₹1.91)
Consolidated Financial Highlights (Q2 FY27 vs Q2 FY26):
- Revenue from operations: ₹9,298.37 Lakhs (vs ₹7,454.39 Lakhs)
- Total Income: ₹9,351.25 Lakhs (vs ₹7,531.43 Lakhs)
- Profit Before Tax: ₹1,218.83 Lakhs (vs ₹954.75 Lakhs)
- Profit After Tax: ₹877.43 Lakhs (vs ₹694.69 Lakhs)
- Basic & Diluted EPS: ₹1.72 (vs ₹1.36)
Consolidated Financial Highlights (H1 FY27 vs H1 FY26):
- Revenue from operations: ₹17,624.74 Lakhs (vs ₹15,483.04 Lakhs)
- Total Income: ₹17,732.00 Lakhs (vs ₹15,628.57 Lakhs)
- Profit Before Tax: ₹2,307.64 Lakhs (vs ₹1,998.73 Lakhs)
- Profit After Tax: ₹1,700.42 Lakhs (vs ₹1,471.21 Lakhs)
- Basic & Diluted EPS: ₹3.33 (vs ₹2.88)
The consolidated results include the financials of two subsidiaries: Rapid Machining Technologies Private Limited and Lunar Enterprise Private Limited.
The company operates only in one segment: "Auto Components".
The Statutory Auditors, P G BHAGWAT LLP, have issued a limited review report stating that based on their review, nothing has come to their attention that causes them to believe that the accompanying statement of unaudited financial results contains any material misstatement.
2. Appointment of Additional Director
Based on the recommendation of the Nomination and Remuneration Committee, the Board approved the appointment of Mr. Digambar Tukaram Shirke (DIN: 09268759) as an Additional Director (Non-Executive and Independent Director Category) of the Company with effect from 31st October 2026 for a period of three consecutive years, i.e., from 31st October 2026 to 30th October 2029. The appointment is subject to the approval of shareholders.
Mr. Shirke is a senior academic leader, statistician, and educator with extensive experience in higher education, statistical methodology, Artificial Intelligence (AI), and Machine Learning (ML). He holds an M.Sc. and Ph.D. in Statistics and has served as Vice Chancellor of three public state universities. He holds no shares in the company as of the appointment date and is not debarred from holding the office of Director by virtue of any SEBI order.
3. Cessation of Independent Director
Ms. Neha Marathe (DIN: 08926541) completed her second term of three consecutive years as an Independent Director (Non-Executive category) of the Company on 31st October 2026. Consequently, she ceased to be an Independent Director of the Company with effect from the close of business hours on 31st October 2026.
The Board placed on record its sincere appreciation and gratitude for the valuable contribution and guidance provided by Ms. Marathe during her association with the Company.
Financial Position (Standalone as of 30.09.2026)
- Total Assets: ₹23,139.49 Lakhs (vs ₹20,448.88 Lakhs as of 31.03.2026)
- Total Equity: ₹16,522.13 Lakhs (vs ₹15,903.71 Lakhs as of 31.03.2026)
- Borrowings (Current): ₹1,115.18 Lakhs
Financial Position (Consolidated as of 30.09.2026)
- Total Assets: ₹26,709.06 Lakhs (vs ₹23,201.50 Lakhs as of 31.03.2026)
- Total Equity: ₹19,000.82 Lakhs (vs ₹17,773.61 Lakhs as of 31.03.2026)
- Borrowings (Current): ₹1,399.42 Lakhs