AIA Engineering Limited reported a profit after tax of INR393 crore for the quarter ended March 31, 2026, with revenue from operations reaching INR1,251 crore. For the full fiscal year FY26, the company achieved a PAT of INR1,270 crore and revenue of INR4,355 crore. The company disclosed these figures during its post-results conference call held on May 26, 2026.

Financial Performance

The company recorded its highest ever quarterly EBITDA of INR502 crore, while full-year EBITDA stood at INR1,744 crore. Total other income for the quarter was INR132 crore, driven by a foreign exchange gain of INR65 crore linked to rupee depreciation. Realization per kilogram for the quarter was INR178, compared to an annual average of INR165.

Operational Highlights

Sales volume for the quarter included 45,000 tons from mining and 25,000 tons from non-mining segments. The company holds a net cash position of INR4,300 crore. Capital expenditure for the year was INR130 crore, with future maintenance capex and renewable energy investments estimated between INR100 crore and INR150 crore.

Strategic Developments

Management announced a significant breakthrough with its new generation discharge system solution, implemented for a marquee customer in South America. The solution successfully demonstrated material benefits, including throughput improvement and power reduction. Following the successful trial, the customer immediately awarded an order for a second mine conversion. The company views this as a critical proof of concept for its strategy to shift from selling products to offering integrated solutions.

AIA Engineering Limited has reported a consolidated net profit of ₹12.70 billion for the financial year ended March 31, 2026, compared to ₹10.61 billion in the previous year. Revenue from operations for the year stood at ₹44.20 billion, up from ₹42.87 billion in FY25. The Board of Directors approved the audited financial results for the year and quarter ended March 31, 2026, during a meeting held on May 26, 2026, pursuant to Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The statutory auditors, B S R & Co. LLP, issued an unmodified opinion on the audited financial results.

FY26 Financial Performance

The company delivered improvement across key financial metrics for the full year. Consolidated net profit for the quarter ended March 31, 2026, rose to ₹3.93 billion from ₹2.85 billion in the corresponding period of the previous year. Revenue for the quarter increased to ₹12.66 billion from ₹11.57 billion year-on-year.

Operational and Segmental Performance

Total sales volume for FY26 reached 258,002 metric tonnes (MT), compared to 255,443 MT in the previous year. The Mining segment contributed 159,813 MT, while the Others segment accounted for 98,189 MT. The company incurred a capital expenditure of ₹104 crore during FY26, maintaining an installed capacity of 436,000 TPA. As of April 1, 2026, the order book stood at ₹868 crore.

Board Decisions and Dividend

The Board recommended a dividend of ₹16 per equity share (800%) of face value ₹2 each for the financial year 2025-26, subject to shareholder approval. The total dividend outlay amounts to ₹14,931.26 lakhs. The company has fixed September 5, 2026, as the record date to determine shareholder entitlement. If approved, the dividend will be paid on or before October 14, 2026.

Additionally, the Board re-appointed Mr. Bhadresh Kantilal Shah as Managing Director for a period of five years effective from October 1, 2026, subject to shareholder approval. The Board also approved the proposal to convene the 36th Annual General Meeting on September 15, 2026, via video conferencing.

Operational and Regulatory Updates

The Group recognised an incremental liability of ₹433.73 lakhs towards gratuity following the implementation of the New Labour Codes effective November 21, 2025. An exceptional item of ₹328.19 lakhs was recognised during the year regarding closure compensation for the subsidiary Welcast Steels Limited. The Nagpur unit manufacturing operations, discontinued in July 2025, did not adversely affect production or profitability.