Apex Ecotech Limited convened a Board of Directors meeting on May 06, 2026, approving the Standalone Audited Financial Results for the half year and financial year ended March 31, 2026. The results were reviewed by the Audit Committee and subsequently approved by the Board, in compliance with Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The statutory auditors, M/s. Raman Chawla & Associates, Chartered Accountants (FRN: 035543N), issued their audit report with an unmodified opinion on the financial statements for the year ended March 31, 2026.

Strong Revenue and Profit Growth in FY26

Apex Ecotech delivered a robust financial performance for the full year ended March 31, 2026, with revenue from operations nearly doubling year-on-year. The company, primarily engaged in providing environmental engineering solutions including Effluent Treatment Plants (ETP), Sewage Treatment Plants (STP), and Zero Liquid Discharge Systems (ZLD), reported significant growth across key financial metrics. The following table summarises the company's annual financial performance:

Half-Year Performance Highlights

For the half year ended March 31, 2026, Apex Ecotech reported revenue from operations of INR 11,608.09 lakhs, compared to INR 4,925.44 lakhs for the half year ended March 31, 2025. Net profit for the second half stood at INR 1,444.55 lakhs, against INR 700.82 lakhs in the corresponding prior-year period. The following table presents the half-year comparison:

Balance Sheet and Cash Flow Overview

As at March 31, 2026, total assets and total equity & liabilities each stood at INR 8,918.01 lakhs, compared to INR 5,968.68 lakhs as at March 31, 2025. Key balance sheet items included cash and bank balances of INR 3,505.94 lakhs (INR 2,795.03 lakhs as at March 31, 2025), trade receivables of INR 1,675.73 lakhs (INR 1,156.80 lakhs), and reserves and surplus of INR 5,007.16 lakhs (INR 3,304.86 lakhs). Share capital remained unchanged at INR 1,318.52 lakhs.

On the cash flow front, net cash generated from operating activities for FY26 was INR 676.68 lakhs, compared to a net cash outflow of INR (524.20) lakhs in FY25. Net cash used in investing activities was INR (1,465.10) lakhs, while net cash generated from financing activities was INR 104.04 lakhs. Total cash and cash equivalents at the end of FY26 stood at INR 1,159.58 lakhs, compared to INR 1,843.96 lakhs at the end of FY25.

IPO Proceeds Fully Utilised

Apex Ecotech had raised funds aggregating to ₹2,554.42 lakhs through an Initial Public Offer (IPO) of 34,99,200 equity shares, listed on NSE Emerge on December 04, 2024. As of March 31, 2026, the entire IPO proceeds have been fully utilised for the intended purposes, as detailed below:

Internal Auditor Appointment and Corporate Governance

The Board also approved the reappointment of M/s. Bharat Nayyar & Associates, Chartered Accountants (FRN: 025404N), as Internal Auditors of the company for the Financial Year 2026-27, effective May 06, 2026. The firm, established in July 2012, offers a broad range of professional services including independent audit and assurance, tax consultancy, corporate restructuring, due diligence, and business valuations. The Board meeting commenced at 04:45 P.M. and concluded at 05:11 P.M. on May 06, 2026, with the results signed by Anuj Dosajh, Managing Director (DIN: 00119225).