Mold-Tek Technologies Limited reported strong financial performance for FY 2025-26 with consolidated revenue growing 24.5% to ₹18,167.67 lakhs from ₹14,584.90 lakhs in the previous year, though profit after tax declined to ₹1,009.18 lakhs. Standalone revenue increased 10.7% to ₹142.81 crore while PAT stood at ₹10.58 crore. The company will hold its 42nd Annual General Meeting on September 21, 2026 to approve the FY26 financial statements and several key resolutions.
Key corporate actions include a proposed 1:1 bonus share issue capitalizing ₹5.76 crore from reserves and a final dividend declaration of ₹2.00 per equity share (100% on face value of ₹2 each), payable within 30 days of AGM approval with record date set for September 14, 2026. The board seeks reappointment of directors including Chairman Mr. Lakshmana Rao Janumahanti with proposed remuneration terms including minimum 10% annual increment and commission of 1% of net profits if minimum 10% EBITDA growth is achieved.
The company expanded its US presence through the acquisition of Beryl Project Engineering LLC via subsidiary Beryl Engineering Inc., recognizing goodwill of ₹2,069.78 lakhs. This strategic move diversifies the business beyond traditional BIW services into residential engineering, T&D, plant engineering, SPM, utility infrastructure and data center engineering. Q1 FY27 performance showed revenue of ₹59.50 crore and PAT of ₹9.00 crore.
Corporate governance structure includes 10 directors with 7 board meetings held during FY26. CSR expenditure of ₹61.65 lakhs (2% of average net profit) was fully spent on education initiatives. The company maintains adequate internal financial controls with no material weaknesses reported. Employee strength stood at 1,176 as of March 31, 2026, with ESOP schemes continuing to be implemented.
Financial statements received unqualified audit opinion with key audit matters covering revenue recognition under Ind AS 115 and acquisition accounting. The company faces risks including cybersecurity, data privacy, market exposure to construction/automotive sectors, and foreign exchange volatility from international operations.