Affordable Robotic & Automation Limited returned to profitability at the consolidated level in FY26, reporting a Profit After Tax (PAT) of ₹69.71 lakh against a loss of ₹116.49 lakh in the previous year. The turnaround was driven by a sharp reduction in costs and improved operating leverage, alongside a one-time gain of ₹1.50 crore from a favourable GST appellate order. The Board of Directors approved the audited financial results for the year ended March 31, 2026, on May 30, 2026. The company held a conference call with investors and analysts on June 03, 2026, to discuss the performance under Regulation 30.

On a standalone basis, the company reported a 16% increase in PAT to ₹69.59 lakh for FY26, compared to ₹59.86 lakh in FY25. Profit Before Tax (PBT) grew 17% to ₹96.52 lakh, while EBITDA rose 11% to ₹160.26 lakh. The EBITDA margin expanded significantly to 14.45%, a gain of 549 basis points, reflecting tighter cost control. Other Income played a significant role, rising to ₹18.87 lakh from ₹2.16 lakh, which included the GST order reversal.

The consolidated financials highlighted a complete turnaround for the group. EBITDA swung from a loss of ₹23.35 lakh to a profit of ₹171.63 lakh, while PBT moved from a loss of ₹94.17 lakh to a profit of ₹98.82 lakh. Total expenses for the group decreased to ₹1,037.96 crore from ₹1,658.86 crore in the previous year, aided by optimised material and employee costs. In the consolidated results, other income stood at ₹32.89 lakh, comprising interest accrued on ODI Loan, GST provision reversal, unrealised forex gain, and interest on deposits.

Business Update and Order Book

The company provided a business update on its autonomous robotics segment, ARAPL RaaS, which operates under the Humro brand. It announced a strategic investment of ₹48 crore to build a world-class autonomous robotics business. Humro is in advanced discussions to finalise a strategic partnership in the United States to accelerate growth and enable local inventory stocking, reducing delivery lead times to approximately 15 days. As of May 31, 2026, the total order book stood at ₹12,716 lakh, with new bookings of ₹1,955 lakh recorded in FY26.

Affordable Robotic & Automation Limited shareholders have approved a proposal to reduce the company's stake in its subsidiary, ARAPL Raas Private Limited, to 50% or less. The special resolution was passed via remote e-voting, with 99.61% of votes cast in favour, while two ordinary resolutions concerning material related party transactions for the financial year 2026-27 were rejected.

The postal ballot process, conducted under Regulation 44 of the SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015, concluded on May 29, 2026. A total of 11,851,105 shares were eligible to vote, with 4,769,389 votes polled across all resolutions. The scrutinizer, CS Deepti Maheshwari, confirmed the results in a report dated May 30, 2026.

Voting Results Summary

The special resolution to authorize further issuance of securities by ARAPL Raas Private Limited received strong support from promoters and was passed. However, public non-institutional shareholders voted against the related party transactions, leading to the rejection of those resolutions.

Resolution Details

The special resolution authorized the subsidiary to issue further securities, consequently reducing the parent company's shareholding. Promoters held 4,907,834 shares and cast 4,737,775 votes in favour. Public non-institutional shareholders, holding 6,806,344 shares, cast 31,614 votes, with 58.36% voting against the resolution.

The two ordinary resolutions sought approval for material related party transactions for FY27 with the subsidiary and the promoter, respectively, under Regulation 23 of SEBI (LODR) Regulations. While promoters voted entirely in favour, public non-institutional shareholders rejected both resolutions. For the resolution regarding the subsidiary, 58.58% of public votes were against, and for the resolution regarding the promoter, 58.49% were against.

The remote e-voting facility was provided by Link Intime India Private Limited. The record date for determining eligibility was April 24, 2026.