Board Meeting Details

The Board of Directors meeting was held on Tuesday, May 26, 2026. The meeting started at 12:00 noon IST and ended at 2:20 PM IST.

Key Decisions Approved

1. Financial Results: Approved the standalone and consolidated audited financial results for the quarter and financial year ended March 31, 2026, together with the Statutory Auditors' Report. The results were uploaded on the company website at https://www.yukenindia.com/financial-results/.

2. Dividend Recommendation: Recommended a final dividend of ₹1.50 per equity share (face value ₹10 each) for FY 2025-26, subject to approval of shareholders at the ensuing Annual General Meeting.

3. Cost Auditor Reappointment: Reappointed M/s. Adarsh Sharma & Co., Cost Accountants, Bengaluru, as Cost Auditors for FY 2026-27, subject to ratification of remuneration by shareholders.

4. Internal Auditor Reappointment: Reappointed M/s. Gnanoba & Bhat, Chartered Accountants, as Internal Auditors for FY 2026-27.

Financial Results Highlights

Consolidated Financials (₹ in lakhs, except per share data)

Quarter Ended March 31, 2026:

  • Revenue from operations: ₹13,309.92
  • Other income: ₹82.20
  • Total income: ₹13,392.12
  • Total expenses: ₹12,583.71
  • Profit before tax: ₹802.93
  • Share of loss from associates: ₹(5.48)
  • Total tax expense: ₹222.92
  • Profit after tax: ₹580.01
  • Total comprehensive income: ₹563.86
  • Basic EPS: ₹4.28
  • Diluted EPS: ₹4.28

Year Ended March 31, 2026:

  • Revenue from operations: ₹46,217.32 (vs. ₹45,735.63 in FY25)
  • Other income: ₹401.15 (vs. ₹373.75 in FY25)
  • Total income: ₹46,618.47 (vs. ₹46,109.38 in FY25)
  • Total expenses: ₹44,375.12 (vs. ₹43,007.59 in FY25)
  • Profit before tax: ₹2,212.39 (vs. ₹3,166.91 in FY25)
  • Share of loss from associates: ₹(30.96) (vs. profit of ₹65.12 in FY25)
  • Total tax expense: ₹773.36 (vs. ₹706.75 in FY25)
  • Profit after tax: ₹1,439.03 (vs. ₹2,460.16 in FY25)
  • Total comprehensive income: ₹1,400.87 (vs. ₹2,357.81 in FY25)
  • Basic EPS: ₹10.81 (vs. ₹18.94 in FY25)
  • Diluted EPS: ₹10.81 (vs. ₹18.94 in FY25)
  • Paid-up equity share capital: ₹1,358.40 lakhs (13,584,000 shares of ₹10 each)
  • Other equity: ₹35,954.07

Standalone Financials (₹ in lakhs, except per share data)

Quarter Ended March 31, 2026:

  • Revenue from operations: ₹11,568.12
  • Other income: ₹82.20
  • Total income: ₹11,650.32
  • Total expenses: ₹11,055.80
  • Profit before tax: ₹594.52
  • Total tax expense: ₹157.14
  • Profit after tax: ₹437.38
  • Total comprehensive income: ₹418.77
  • Basic EPS: ₹3.22
  • Diluted EPS: ₹3.22

Year Ended March 31, 2026:

  • Revenue from operations: ₹40,169.46 (vs. ₹39,319.28 in FY25)
  • Other income: ₹82.15 (vs. ₹373.75 in FY25)
  • Total income: ₹40,251.61 (vs. ₹39,693.03 in FY25)
  • Total expenses: ₹38,432.52 (vs. ₹37,896.13 in FY25)
  • Profit before tax: ₹1,819.09 (vs. ₹1,796.90 in FY25)
  • Total tax expense: ₹483.47 (vs. ₹412.90 in FY25)
  • Profit after tax: ₹1,335.62 (vs. ₹1,384.00 in FY25)
  • Total comprehensive income: ₹1,290.12 (vs. ₹1,289.61 in FY25)
  • Basic EPS: ₹9.98 (vs. ₹10.65 in FY25)
  • Diluted EPS: ₹9.98 (vs. ₹10.65 in FY25)
  • Paid-up equity share capital: ₹1,358.40 lakhs (13,584,000 shares of ₹10 each)
  • Other equity: ₹34,344.76

Dividend Impact

If the recommended final dividend of ₹1.50 per share is approved by shareholders, it would result in a cash outflow of ₹203.76 lakhs.

Capital Structure Impact

The company issued and allotted 584,000 equity shares of ₹10 each (at a premium of ₹1,016 per share) on a preferential basis to Yuken Kogyo Company Limited (Promoter) on July 31, 2025. This increased the paid-up capital from ₹1,300.00 lakhs to ₹1,358.40 lakhs.

Segment Performance (Consolidated)

Quarter Ended March 31, 2026:

  • Hydraulic business revenue: ₹11,752.45
  • Foundry business revenue: ₹2,409.52
  • Total segment revenue: ₹14,161.97
  • Less inter-segment revenue: ₹852.05
  • Net segment revenue: ₹13,309.92

Year Ended March 31, 2026:

  • Hydraulic business revenue: ₹40,663.49 (vs. ₹39,189.13 in FY25)
  • Foundry business revenue: ₹8,858.34 (vs. ₹9,375.21 in FY25)
  • Total segment revenue: ₹49,521.83 (vs. ₹48,564.34 in FY25)
  • Less inter-segment revenue: ₹3,304.51 (vs. ₹2,828.71 in FY25)
  • Net segment revenue: ₹46,217.32 (vs. ₹45,735.63 in FY25)

Auditor Information

  • Statutory Auditor: Walker Chandiok & Co LLP, Chartered Accountants
  • Cost Auditor: M/s. Adarsh Sharma & Co., Cost Accountants, Bengaluru
  • Internal Auditor: M/s. Gnanoba & Bhat, Chartered Accountants

Subsidiaries and Associates

The consolidated results include:

Subsidiaries:

  • Coretec Engineering India Private Limited
  • Grotek Enterprises Private Limited
  • Kolben Hydraulics Limited

Associates:

  • Sai India Limited
  • AEPL Grotek Renewable Energy Private Limited (Associate of Grotek Enterprises Private Limited)

The auditor's report notes that they did not audit the financial statements of three subsidiaries (representing total assets of ₹13,852.27 lakhs, total revenues of ₹15,913.56 lakhs, and total net profit after tax of ₹187.09 lakhs) and two associates (representing share of net loss after tax of ₹30.96 lakhs), relying on reports of other auditors.

Additional Notes

1. The figures for the last quarter are balancing figures between audited full-year figures and published unaudited year-to-date figures up to the third quarter.

2. Effective November 21, 2025, the Government of India implemented new Labour Codes, resulting in an incremental expense recognition of ₹62.09 lakhs (consolidated) and ₹6.40 lakhs (standalone) for FY26.

3. The company continues to monitor developments relating to the implementation of the New Labour Codes and will review estimates.

Declaration

#Tags: #YukenIndia #FY2026Results #Dividend #SEBIDisclosure #RegulatoryCompliance #FinancialUpdate #Neutral