Automobile Corporation Of Goa Ltd has closed its trading window for designated persons and their immediate relatives from June 23, 2026, until 48 hours after the declaration of its financial results for the quarter ended June 30, 2026. The closure is intended to prevent insider trading and ensure compliance with regulatory norms during the sensitive period preceding the results announcement.

The decision was taken in accordance with the SEBI (Prohibition of Insider Trading) Regulations, 2015, and the company's Code of Conduct for Prevention of Insider Trading and Code of Corporate Disclosure practices. The restriction applies to all designated persons within the organization, prohibiting them from dealing in the company's securities during the specified timeframe.

The trading window will reopen 48 hours after the financial results for the quarter ended June 30, 2026, are officially declared. This measure ensures that no privileged information is utilized for trading purposes, maintaining market integrity and protecting shareholder interests.

Santhosh Shadadal, Company Secretary & Compliance Officer, signed the notice on June 22, 2026, confirming the implementation of the trading window closure.

Automobile Corporation of Goa announced its audited financial results for the quarter and year ended 31 March 2026 at its Board of Directors meeting held on May 5, 2026. The results, audited by M/s. BSR & Co. LLP, Chartered Accountants, carry an unmodified audit opinion. Subsequently, pursuant to Regulations 30 and 47 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the company published its financial results in the Financial Express and Dainik Pudhari on May 06, 2026. The company delivered robust growth across key financial metrics for both the quarter and the full year, driven primarily by its bus body building division.

Full-Year Financial Performance

For the year ended 31 March 2026, Automobile Corporation of Goa recorded strong top-line and bottom-line growth compared to the previous year. Total revenue from operations reached Rs. 93,365.49 lakhs, up from Rs. 66,076.74 lakhs in FY25. Total income, including other income of Rs. 1,750.36 lakhs, stood at Rs. 95,115.85 lakhs against Rs. 67,561.88 lakhs in the prior year. The following table summarises the key financial metrics for FY26 versus FY25:

Total expenses for FY26 were Rs. 85,373.01 lakhs, compared to Rs. 61,311.74 lakhs in FY25. The cost of materials consumed was the largest expense component at Rs. 65,197.93 lakhs, followed by other expenses of Rs. 13,758.65 lakhs and employee benefits expense of Rs. 5,379.27 lakhs. An exceptional loss of Rs. 328.63 lakhs was recorded during the year, representing the incremental impact of the new Labour Codes notified by the Government of India, comprising gratuity of Rs. 242.14 lakhs and long-term compensated absences of Rs. 86.49 lakhs.

Q4 FY26 Quarterly Performance

For the quarter ended 31 March 2026, total revenue from operations stood at Rs. 27,063.97 lakhs (Rs. 2.75B), compared to Rs. 20,022.10 lakhs in Q3 FY26 and Rs. 21,686.33 lakhs (Rs. 2.2B) in Q4 FY25. Net profit for Q4 FY26 was Rs. 2,132.31 lakhs (Rs. 213M), against Rs. 1,085.83 lakhs in Q3 FY26 and Rs. 1,683.60 lakhs (Rs. 168M) in Q4 FY25. Q4 EBITDA stood at Rs. 248M versus Rs. 200M in Q4 FY25, while the EBITDA margin came in at 9% compared to 9.22% in the year-ago period. The table below presents a broader performance comparison across periods, including EBITDA and PBT margins:

* Not annualised | # EBITDA is calculated as a % of total income

* Not annualised

Segment-Wise Performance

Automobile Corporation of Goa operates through two primary business segments: the Pressing Division, which manufactures pressed parts, components, sub-assemblies and assemblies for automobiles; and the Bus Body Building Division, which manufactures bus bodies and component parts. The bus body segment remained the dominant revenue contributor for FY26.

Tata Motors Limited contributed Rs. 84,897.21 lakhs to the company's revenue for the year ended 31 March 2026, making it the only party contributing more than 10% to the company's revenue. On an operational note, the company delivered 2,918 bus bodies in the quarter ended 31 March 2026, compared to 2,406 units in the corresponding quarter of the previous financial year.

Balance Sheet and Dividend

As at 31 March 2026, total assets stood at Rs. 45,880.76 lakhs against Rs. 46,526.39 lakhs as at 31 March 2025. Total equity increased to Rs. 30,859.30 lakhs from Rs. 25,374.11 lakhs, reflecting the strong profitability during the year. Reserves (excluding revaluation reserve) grew to Rs. 30,250.44 lakhs from Rs. 24,765.25 lakhs. Current borrowings declined significantly to Rs. 879.80 lakhs from Rs. 8,503.80 lakhs, while cash and cash equivalents rose to Rs. 12,135.36 lakhs from Rs. 3,591.23 lakhs.

The Board of Directors has proposed a final dividend of Rs. 22.50 per equity share (225% on face value of Rs. 10/- each) for FY26, subject to shareholder approval at the 46th Annual General Meeting scheduled for July 22, 2026. If approved, this would result in a cash outflow of approximately Rs. 1,369.94 lakhs. During FY26, dividends paid included an interim dividend of Rs. 5.00 per equity share (cash outflow of Rs. 304.43 lakhs) and a final dividend of Rs. 20.00 per equity share for FY25 (cash outflow of Rs. 1,217.72 lakhs).

Operational and Corporate Developments

The company improved its operational performance in Q4 FY26, delivering 2,918 bus bodies compared to 2,406 units in the corresponding quarter of the previous financial year. As part of its commitment to achieving water neutrality and its Net Zero objectives, the company commenced construction of a lake in March 2026. The company noted that it is experiencing volatility in commodity prices, while its export performance continues to be impacted by the prevailing geopolitical environment. Despite these challenges, the company remains focused on maintaining stable operational and financial performance through operational efficiencies and cost control.

Pursuant to the approval of the National Company Law Tribunal (NCLT), the merger of Tata Motors Finance Limited with Tata Capital Limited was completed on May 8, 2025. Consequent to this restructuring, the shareholding of Tata Capital Limited (formerly known as Tata Motors Finance Limited) was reclassified from "Promoter Shareholding" to "Public Shareholding".