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 secured shareholder approval to appoint Mr. Malay Jayendra Dalal as an Independent Director for a period of five years. The resolution, which was put to vote through a remote e-voting process, received 99.9996% of the valid votes in favour, reflecting strong investor confidence in the leadership decision. The appointment is effective from April 20, 2026.

The postal ballot process was conducted in accordance with Section 108 and 110 of the Companies Act, 2013, and Regulation 44 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Tushar Vora & Associates, Practicing Company Secretaries, were appointed as the scrutinizer to oversee the fairness and transparency of the voting process. The e-voting facility was provided by Central Depository Services (India) Limited (CDSL), with the voting window open from April 29, 2026, to May 28, 2026.

A total of 88,514,483 votes were polled, representing 94.8505% of the total outstanding shares. The detailed voting pattern indicates unanimous support from the promoter and promoter group, as well as strong backing from public institutions and public non-institutions. There were 872,150 invalid votes recorded during the process.

Voting Breakdown

The following table details the votes cast by different shareholder categories:

The votes were unblocked on May 29, 2026, in the presence of independent witnesses. The scrutinizer's report confirms that the resolution was passed with the requisite majority. The list of shareholders who voted for or against the resolution has been handed over to the Company Secretary for record-keeping.