Company Overview

Pradeep Metals Limited filed its Annual Report for FY 2025-26 and notice for its 43rd AGM to be held on August 7, 2026, through video conferencing. The company reported strong financial performance with significant growth across key metrics.

Financial Performance

Standalone Results: Revenue grew 10.27% to ₹33,030.79 lakhs, PAT increased 9.43% to ₹2,532.74 lakhs, with EPS of ₹14.67. EBITDA reached ₹4,965.37 lakhs (9.20% growth) while maintaining healthy ratios: Debt-Equity of 0.42 and Return on Net Worth of 17.31%.

Consolidated Results: Total income reached ₹34,074.43 lakhs (7.47% growth) with PAT of ₹3,033.72 lakhs (11.64% growth). Total assets stood at ₹3,196.87 crore with equity of ₹1,642.35 crore.

Dividend Declaration

The Board recommended a final dividend of 25% (₹2.50 per equity share of ₹10 each) with record date of July 31, 2026, resulting in a payout of ₹431.75 lakhs.

Strategic Initiatives & Expansion

The company approved ₹250 crore investment for a new artillery shell manufacturing facility in Nagpur, supported by 7 MW solar capacity. Achieved 100% renewable energy usage with Scope 2 zero emissions and reduced Scope 1 emissions by 21.05%, targeting Net Zero by 2045. Received ECOVADIS Bronze Medal recognition and Platinum Award at FICCI Sustainable Industrial Practice Awards 2026.

Corporate Actions

The Board is progressing a Scheme of Amalgamation with Nami Capital Private Limited, having received NCLT's first motion order on April 8, 2026. Shareholders' meeting is scheduled for June 12, 2026, with no cash consideration involved.

Subsidiaries Performance

US subsidiaries performed well: Pradeep Metals Limited, Inc. generated income of ₹3,162.98 lakhs while Dimensional Machine Works LLC contributed ₹3,105.60 lakhs, with combined profit before taxes of ₹363.66 lakhs.

Governance & Compliance

Maintained CRISIL BBB/Stable rating reaffirmed April 17, 2025. Auditors issued unmodified opinion with adequate internal financial controls and no material adverse findings in CARO report. Four Board meetings held during the year with all committees functional. CSR expenditure of ₹52.78 lakhs focused on education, health, and community development.

Capital Structure & Ownership

Issued capital remained unchanged at 1,72,70,000 equity shares. Promoter holding stands at 73.05% with Nami Capital Private Limited holding 59.03%. Gross block reached ₹171.99 crore with capital work-in-progress of ₹4.04 crore for expansion projects.

Forward Outlook

The company focuses on expanding into new sectors, increasing value-added machined components, operational efficiencies, and leveraging metallurgical expertise for defense platform development while capitalizing on global supply chain diversification opportunities.