Birla Precision Technologies accepts AVP HR resignation

1 min read     Updated on 17 Jun 2026, 06:31 PM
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Birla Precision Technologies Ltd has accepted the resignation of Shelendra Singh, Assistant Vice President – HR & IR, effective August 24, 2026. The resignation, submitted on May 25, 2026, was attributed to personal reasons. Singh will serve his three-month notice period before his official relief date.

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Birla Precision Technologies Ltd has accepted the resignation of Shelendra Singh, Assistant Vice President – HR & IR, effective August 24, 2026. The resignation, tendered on May 25, 2026, was attributed to personal reasons requiring his attention and presence. Singh will serve his full three-month notice period, concluding on the specified relief date.

The company disclosed the development in a filing submitted to BSE Limited on June 17, 2026, under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The notification detailed that Singh is classified as a Senior Management Personnel of the company.

Resignation Details

The filing provided specific particulars regarding the cessation of duties. The following table outlines the key details shared with the exchange:

Sr. No. Particulars Details
1 Reasons for Change Resignation due to personal Reasons
2 Date of Cessation With effect from the closing of Business hours of August 24, 2026
3 Brief profile Not Applicable
4 Disclosure of relationships between directors Not Applicable

In his resignation letter addressed to the Managing Director, Singh expressed gratitude for the understanding regarding his personal situation. He confirmed his intention to serve the notice period as per the terms of his appointment letter and offered to hand over his duties to a designated person.

Historical Stock Returns for Birla Precision Technologies

1 Day5 Days1 Month6 Months1 Year5 Years
-0.89%+5.77%-0.89%+8.22%+8.22%+8.22%

Who will be appointed to replace Shelendra Singh as Assistant Vice President – HR & IR?

How will the leadership transition impact the company's HR and industrial relations strategies?

Will the resignation lead to any changes in the company's workforce policies or employee engagement initiatives?

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Birla Precision FY26 net profit rises 114% to ₹1,162.36 lakh

2 min read     Updated on 31 May 2026, 01:10 PM
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Birla Precision Technologies Limited reported a 114.1% increase in standalone net profit to ₹1,162.36 lakh for FY26, with revenue rising 15.1% to ₹23,840.13 lakh. The board approved the audited financial results, recommended a final dividend of ₹0.05 per share, and appointed Mr. Daulat Jain as CFO effective May 29, 2026. The audited results were published in newspapers on May 31, 2026.

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Birla Precision Technologies Limited reported a 114.1% increase in standalone net profit to ₹1,162.36 lakh for the financial year ended March 31, 2026, compared to ₹542.97 lakh in the previous year. Revenue from operations rose 15.1% to ₹23,840.13 lakh from ₹20,718.00 lakh in FY25, while total income increased to ₹24,753.15 lakh. The board approved the audited standalone and consolidated financial results for the quarter and year ended March 31, 2026, and recommended a final dividend of ₹0.05 per equity share for FY26, subject to shareholder approval. The company published these audited financial results in the Financial Express and Prathakal newspapers on May 31, 2026, pursuant to Regulation 47 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Financial Performance

The company’s standalone net profit for the quarter ended March 31, 2026, stood at ₹263.90 lakh, a decrease from ₹338.08 lakh in the corresponding quarter of the previous year. Revenue from operations for the quarter increased to ₹6,390.64 lakh from ₹5,250.46 lakh in Q4FY25. Total expenses for the year increased to ₹23,122.85 lakh from ₹20,073.92 lakh in the prior year. Basic earnings per share for FY26 improved to ₹1.74 from ₹0.82 in the previous year.

Standalone Financial Results (₹ in Lakhs)

Particulars Year Ended Mar 31, 2026 Year Ended Mar 31, 2025
Revenue From Operations 23,840.13 20,718.00
Total Income 24,753.15 20,951.04
Total Expenses 23,122.85 20,073.92
Net Profit for the year 1,162.36 542.97

On a consolidated basis, net profit for the year increased 92.6% to ₹1,127.27 lakh from ₹585.14 lakh in FY25. Consolidated revenue from operations grew to ₹24,712.83 lakh from ₹21,356.59 lakh in the previous year. The company’s statutory auditors, T R Chadha & Co LLP, issued an unmodified opinion on the audited standalone and consolidated financial results.

Management Changes

The board appointed Mr. Daulat Jain as the Chief Financial Officer of the company effective May 29, 2026. He has also been authorized as Key Managerial Personnel for determining materiality of events and making disclosures under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Additionally, the board designated five officials as Senior Management Personnel, including Anand Thiagarajan as Vice President - Production and Amit Balkrishna Rasal as Assistant Vice President – Operations PC Division, effective May 29, 2026.

The board also noted the cessation of Anil Choudhari as Vice President - Operations due to superannuation effective May 31, 2026, and Naresh Kumar Choudhary ceased to be classified as Senior Management Personnel due to a change in designation effective May 29, 2026. The meeting commenced at 20:48 IST and concluded at 21:26 IST on May 29, 2026.

Historical Stock Returns for Birla Precision Technologies

1 Day5 Days1 Month6 Months1 Year5 Years
-0.89%+5.77%-0.89%+8.22%+8.22%+8.22%

What strategic initiatives will the new CFO, Mr. Daulat Jain, prioritize to sustain the company's doubled net profit growth?

How will the increase in total expenses impact the company's profit margins in the upcoming fiscal year?

What factors contributed to the decline in standalone net profit during Q4 FY26 despite a rise in revenue?

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