Summary of Key Information:
Reporting Period (Quarter/Year): Quarter ended June 30, 2026 (Q1 FY27)
Nature of Filing / Announcement: Outcome of Board Meeting and Unaudited Financial Results
Audit Opinion:
Clean (Unmodified) limited review opinion issued by S.R. Batliboi & Associates LLP. No material misstatements identified.
Auditor’s Comment:
The review report states that nothing has come to their attention that causes them to believe that the financial results contain any material misstatement. The consolidated results include four subsidiaries reviewed by their respective auditors.
Key Financial Highlights [Rs. in million]
Consolidated Results:
Revenue from Operations: ₹10,695.77 (Q1 FY27) vs ₹8,629.15 (Q1 FY26) - 24.0% YoY increase
Total Income: ₹10,737.94 (Q1 FY27) vs ₹9,018.87 (Q1 FY26)
Net Profit: ₹522.29 (Q1 FY27) vs ₹480.85 (Q1 FY26) - 8.6% YoY increase
EPS (Basic): ₹3.80 (Q1 FY27) vs ₹3.51 (Q1 FY26)
EPS (Diluted): ₹3.80 (Q1 FY27) vs ₹3.50 (Q1 FY26)
Other Equity: ₹14,232.16 (as of March 31, 2026)
Standalone Results:
Revenue from Operations: ₹4,696.70 (Q1 FY27) vs ₹3,900.08 (Q1 FY26) - 20.4% YoY increase
Total Income: ₹4,897.92 (Q1 FY27) vs ₹4,141.39 (Q1 FY26)
Net Profit: ₹474.80 (Q1 FY27) vs ₹492.77 (Q1 FY26) - 3.6% YoY decrease
EPS (Basic): ₹3.46 (Q1 FY27) vs ₹3.59 (Q1 FY26)
EPS (Diluted): ₹3.46 (Q1 FY27) vs ₹3.59 (Q1 FY26)
Other Equity: ₹15,941.37 (as of March 31, 2026)
Segment-wise Performance:
The Group operates as a single segment business of manufacturing and selling automotive and other components, monitored as such by the chief operating decision maker. No additional segment disclosures are provided.
Corporate Actions:
No dividend declarations, share splits, bonus issues, buybacks, or capital raising activities were announced in this filing.
Other Significant Information:
Business Combination: The Group, through its wholly owned subsidiary Suprajit USA Inc., completed the acquisition of Stahlschmidt Cable Systems (SCS) business out of insolvency proceedings in Germany. The first stage was completed effective July 1, 2024, and the second stage in Canada and China was completed effective May 31, 2025.
Liquidations: SCS Polska Sp. z o.o. (subsidiary in Poland) was liquidated effective August 5, 2025. Trifa Lamps Germany GmbH (subsidiary in Germany) was liquidated effective March 20, 2026.
Labour Codes Impact: The Government of India notified four Labour Codes on November 21, 2025. The Group estimated and accounted for an incremental liability of ₹78.15 million in respect of defined benefit obligations, recognized as an exceptional item during the quarter ended December 31, 2025. The Company continues to monitor finalization of Central/State Rules.
Impairment Reversal: The Company reversed a previously recognized impairment provision of ₹54.00 million for investment in Trifa Lamps Germany GmbH upon completion of its liquidation process during the quarter ended March 31, 2026.
Comparability Note: Due to the consolidation of the second stage of SCS acquisition beginning May 31, 2025, the current year/quarter amounts are not directly comparable with previous year figures.