Aeroflex Neu has filed disclosures with the stock exchanges regarding the shareholding of its promoter group for the financial year ended March 31, 2026. The company received declarations from Aeroflex Enterprises Limited and SAT Invest Private Limited in compliance with Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

Shareholding Details

The disclosures outline the equity shares held by the promoter group entities as on March 31, 2026. Both entities confirmed that they did not create any encumbrance on the shares, either directly or indirectly, during the financial year.

Regulatory Compliance

The filings were submitted to the National Stock Exchange of India Limited and BSE Limited. Aeroflex Enterprises Limited, formerly known as SAT Industries Limited, holds the majority of the promoter group shares. SAT Invest Private Limited also confirmed its holding in the company for the period under review.

The declarations were signed by authorized signatories, including Harikant Ganeshlal Turgalia, Whole-time Director of Aeroflex Enterprises Limited, and Asad Daud, Director of SAT Invest Private Limited.

Aeroflex Neu Limited's Board of Directors convened on Friday, May 08, 2026, to approve the Audited Standalone and Consolidated Financial Results for the quarter and financial year ended March 31, 2026. The meeting, held pursuant to Regulation 30 and 33(3) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, commenced at 03:30 p.m. and concluded at 04:30 p.m. The statutory auditors, M/s H R Jain & Co. (Firm's Registration No. 000262C), issued their audit reports with an unmodified opinion on both the standalone and consolidated financial statements. Subsequently, in compliance with Regulation 47 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the company published an extract of the audited standalone and consolidated financial results for the quarter and year ended March 31, 2026 in newspapers on Sunday, May 10, 2026.

Regulatory Disclosure and Newspaper Publication

The extract of the audited financial results was published in two newspapers to ensure wider public dissemination as required under SEBI regulations. The publication details are as follows:

Key Outcomes of the Board Meeting

The board approved the Audited Financial Results (Standalone and Consolidated) for the quarter and financial year ended March 31, 2026, along with the Auditor's Report. Additionally, the board approved the Audited Financial Statements (Standalone and Consolidated) for FY2025-26, including the Balance Sheet as on March 31, 2026, Statement of Profit and Loss, and Cash Flow Statement. M/s A. Modi & Co., Chartered Accountants (FRN: 005753C) were re-appointed as Internal Auditor for FY2026-27.

Consolidated Financial Performance

The consolidated financial results for the quarter and year ended March 31, 2026 reflect the performance of Aeroflex Neu Limited and its subsidiary, Fibcorp Polyweave Private Limited. As per the officially published newspaper extract, the company reported a net profit of ₹175.13 lakhs for FY26, compared to ₹23.03 lakhs in FY25. Paid-up equity share capital remained at ₹2,579.60 lakhs, while reserves stood at ₹7,039.86 lakhs as at March 31, 2026, compared to ₹6,144.73 lakhs in the previous year.

Standalone Financial Performance

On a standalone basis, the company reported a net profit of ₹117.04 lakhs for FY26, compared to ₹17.31 lakhs in FY25. Other equity stood at ₹7,491.67 lakhs as at March 31, 2026, compared to ₹5,764.36 lakhs in the previous year.

Segment Performance

The consolidated segment-wise revenue and results for the year ended March 31, 2026 are presented below (₹ in lakhs):

Geographically, domestic (India) revenue for FY26 stood at ₹4,431.49 lakhs, while revenue from outside India was ₹8,986.96 lakhs, out of a total income of ₹13,418.45 lakhs.

Balance Sheet and Cash Flow Highlights

The consolidated balance sheet as at March 31, 2026 reflects total assets of ₹14,476.66 lakhs, up from ₹12,772.16 lakhs in the previous year. Total equity increased to ₹10,519.46 lakhs from ₹8,724.33 lakhs. On the consolidated cash flow front, net cash inflow from operations stood at ₹288.88 lakhs for FY26, while net cash inflow from financing activities was ₹1,090.47 lakhs, driven by money received against share warrants of ₹1,620.00 lakhs. The net increase in cash and cash equivalents on a consolidated basis was ₹1,378.42 lakhs. On a standalone basis, net cash inflow from operations was ₹525.83 lakhs, net cash inflow from investing activities was ₹100.12 lakhs, and net cash inflow from financing activities was ₹977.59 lakhs, resulting in a net increase in cash and cash equivalents of ₹1,603.54 lakhs.

Warrant Allotment Note

On July 25, 2025, the company allotted 72,00,000 warrants to promoters and non-promoters at a price of ₹90/- per warrant, aggregating to ₹6,480 lakhs, convertible into an equal number of equity shares of face value ₹10/- each. Of the issue price, ₹22.50/- per warrant (25%) was paid upfront, with the balance 75% payable at the time of conversion. The warrants are exercisable within 18 months from the date of allotment. As at the close of the year, none of the warrant holders had exercised the conversion option.