Batliboi Ltd has approved the acquisition of 100% of the equity share capital of Penta Automation Systems Private Limited and its group company Pats Robotics Private Limited for an aggregate equity value of approximately ₹19.8 crore. The Board of Directors approved the proposal on June 23, 2026, enabling the company to enter the industrial automation and robotics integration space. This strategic move is expected to diversify Batliboi's business portfolio and create long-term value for stakeholders by expanding into a complementary sector.

The acquisition will be executed through a mix of upfront and deferred payments. An initial purchase consideration of ₹15.84 crore, representing 80% of the equity, is payable at closing. The remaining 20% will be acquired via a deferred consideration of ₹3.96 crore, payable in five equal annual instalments starting from April 1, 2027. The transaction involves purchasing shares from existing shareholders Manders Industries B.V. (Netherlands), which holds a 49% stake, and the company's founders, Mr. Dharmesh Mistry and Ms. Avani Mistry, who collectively hold the remaining 51% stake. The transaction is not a related party transaction and is conducted at arm’s length.

Penta Automation Systems and its group company Pats Robotics Private Limited provide customised industrial automation solutions. For the financial year 2025-26, Penta Group reported revenue from operations of ₹25.17 crore. Penta (standalone) contributed ₹21.56 crore, while Pats Robotics contributed ₹3.61 crore. Pats Robotics will be acquired by Penta prior to closing, making it an indirect wholly-owned subsidiary of Batliboi. Additionally, ₹0.2 crore will be funded by Batliboi to Penta for the acquisition of Pats Robotics.

Financials of Target Entities

The following table details the revenue from operations for Penta and Pats Robotics over the last three financial years:

Transaction Structure

The deal entails the acquisition of 10,94,200 equity shares at a price of ₹180.98 per share (face value ₹10 each). Upon closing, Penta will become a subsidiary of Batliboi, and upon discharge of the deferred consideration, it will become a wholly-owned subsidiary. The transaction is expected to close on or before July 31, 2026, subject to the satisfaction of conditions precedent. Mr. Dharmesh Mistry and Ms. Avani Mistry will continue to be employed by Penta for the five-year period of the deferred consideration.

Batliboi Limited announced its audited standalone and consolidated financial results for the quarter and year ended March 31, 2026. The engineering firm reported a consolidated net profit of ₹7 crore for the fiscal year, while standalone results reflected a net loss of ₹516.49 lakh. The company recorded a 7% growth in consolidated revenue from operations, which reached ₹440 crore in FY26.

For the quarter ended March 31, 2026, the company posted a consolidated net profit of ₹5 crore. In comparison, the standalone net profit for the quarter stood at ₹206.58 lakh. Total consolidated income for the year rose to ₹44,689.12 lakh from ₹41,947.01 lakh in the previous year. Standalone income for the year was ₹30,445.10 lakh.

Financial Performance

The board approved the financial results, which were subject to an audit by statutory auditors Mukund M. Chitale & Co. The auditors issued an unmodified opinion on the standalone and consolidated financial results. The company noted an exceptional expense of ₹748.86 lakh during the year, attributed to a provision for gratuity and leave benefits following the notification of new labour codes. The Managing Director attributed the bottom-line impact to this provisioning and the accounting impact from the merger with Batliboi Environmental Engineering Limited.

Operational Updates

The company secured a healthy order inflow of ₹988 crore in FY26, including ₹165 crore in Q4FY26. As of March 2026, the order backlog stood at approximately ₹593 crore, a significant improvement from ₹339 crore as of March 2025. The company incurred a cumulative capex of ₹27 crore in FY26 and plans to incur an additional capex of around ₹10 crore in FY27. The board also appointed M/s. RSM India and M/s. Aneja & Associates as internal auditors for the financial year 2026-2027.

Earnings Call Recording

In compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the company has uploaded the audio recording of the earnings conference call conducted on May 21, 2026. The call discussed the financial results for the fourth quarter and year ended March 31, 2026. The recording is accessible on the company's official website.

Dividend Declaration

The board recommended a final dividend of 12%, or ₹0.60 per equity share of ₹5 each, for the financial year ended March 31, 2026. Additionally, the company proposed a 1% dividend on 6,92,480 preference shares of ₹100 each and an 8% dividend on 2,70,000 preference shares of ₹100 each. These dividends are subject to shareholder approval at the upcoming Annual General Meeting.

Key Financial Metrics

The 82nd Annual General Meeting is scheduled for August 7, 2026, via video conferencing. The register of members and share transfer books will remain closed from August 1, 2026, to August 7, 2026.