Summary of Key Information:
Reporting Period (Quarter/Year): Quarter ended 30th June, 2026 (Q1 FY27)
Nature of Filing / Announcement: Regulatory filing under SEBI LODR Regulations
Audit Opinion:
Clean opinion. The Limited Review Report by M/s. Kirtane & Pandit LLP, Chartered Accountants, states: "Based on our review conducted as above, nothing has come to our attention that causes us to believe that the accompanying statement of unaudited financial results prepared in accordance with applicable Indian Accounting Standards and other recognized accounting practices and policies have not disclosed the information required to be disclosed in terms of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 including the manner in which it is to be disclosed, or that it contains any material misstatement."
Key Financial Highlights [in ₹ Lakhs]:
Standalone Results:
Revenue from Operations: ₹2,716.37 (Q1 FY27) vs ₹2,101.13 (Q1 FY26) - 29.3% YoY increase
Total Income: ₹2,793.65 (Q1 FY27) vs ₹2,134.81 (Q1 FY26) - 30.9% YoY increase
Net Profit: ₹313.82 (Q1 FY27) vs ₹173.77 (Q1 FY26) - 80.6% YoY increase
EPS: Basic ₹0.39, Diluted ₹0.39 (Q1 FY27) vs Basic ₹0.23, Diluted ₹0.22 (Q1 FY26)
Other Equity: Not specified for current quarter
Financial Position Comparison:
Profit Before Tax: ₹415.29 (Q1 FY27) vs ₹256.57 (Q1 FY26)
Tax Expense: ₹101.40 (Q1 FY27) vs ₹82.80 (Q1 FY26)
Total Comprehensive Income: ₹264.62 (Q1 FY27) vs ₹163.15 (Q1 FY26)
Paid-up Equity Share Capital: ₹1,591.45 (Face Value ₹2 each)
Expense Breakdown:
Cost of Materials Consumed: ₹7,478.46
Purchase of stock in trade: ₹86.77
Changes in Inventories: ₹134.69
Employee Benefits expenses: ₹435.47
Finance Costs: ₹26.36
Depreciation and amortisation expenses: ₹33.95
Other expenses: ₹583.17
Total Expenses: ₹2,378.36
Segment-wise Performance:
The Company operates in one segment only: Power Electronics. Therefore, there is only one reportable segment in accordance with IND AS 108 "Operating Segments".
Corporate Actions:
Not Specified
Management Appointments:
1. Appointment of Independent Director:
Mr. Vivek Satishbhai Patel (DIN: 11746011) was appointed as a Non-Executive Independent Director (Additional Director) on the Board of the Company effective from 10th August, 2026, for an initial term of 5 consecutive years. The appointment is subject to shareholder approval.
Profile: Mr. Patel has over a decade of executive leadership experience in strategic management, corporate governance, financial oversight, and operational excellence. He currently serves as a Member of the Board of Trustees of School Lane Charter School, Pennsylvania, USA, and holds executive leadership roles at Tower Health, USA. He holds a Master of Healthcare Administration from Louisiana State University–Shreveport, USA, and a Bachelor of Science in Radiologic Sciences from Thomas Jefferson University, USA.
2. Appointment of Chief Financial Officer:
Mr. Ankit Shah was elevated from Financial Controller to Chief Financial Officer (CFO) and Key Managerial Personnel (KMP) of the Company effective from 10th August, 2026.
Profile: Mr. Shah is a Chartered Accountant with over 15 years of professional experience in transaction advisory, corporate restructuring, mergers & acquisitions, tax and regulatory matters. He has been associated with the Company for the past one and half years as Financial Controller. Previously, he was associated with RBSA Advisors LLP as Director and with KPMG India – Deal Advisory, M&A Tax and Private Equity from June 2010 to October 2023, where he held the position of Technical Director. He is a member of the Institute of Chartered Accountants of India and holds a Master's degree in Commerce from Mumbai University.
Other Significant Information:
The figures for the corresponding previous year/period have been re-grouped/re-arranged wherever necessary to make them comparable.