CFF Fluid Control Limited's Board of Directors convened on May 5, 2026, and approved the audited standalone financial results for the half year and full year ended March 31, 2026. The board meeting, held at the company's corporate office at 503, Delphi Wing, Orchard Avenue, Hiranandani Business Park, Powai, Mumbai, commenced at 3:33 PM and concluded at 4:00 PM. The results were reviewed by the audit committee and approved in compliance with Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The independent auditor's report, issued by V.N. Purohit & Co., Chartered Accountants, carries an unmodified opinion, confirming that the financial results present a true and fair view.

Financial Performance Overview

The company delivered a strong financial performance for the full year ended March 31, 2026. Revenue from operations grew significantly to ₹20,873.63 lakhs from ₹14,556.05 lakhs in the previous year, while net profit rose to ₹3,919.66 lakhs from ₹2,385.03 lakhs. The following table presents the key financial metrics for the year:

Half-Year Performance Comparison

For the half year ended March 31, 2026, the company recorded revenue from operations of ₹10,460.71 lakhs and a net profit of ₹2,006.98 lakhs, compared to ₹6,552.64 lakhs and ₹980.42 lakhs respectively for the half year ended March 31, 2025. Notably, Q4 EBITDA expanded to ₹298M from ₹178M year-on-year, with the EBITDA margin improving to 28.47% from 27.21%. The following table provides a detailed half-year comparison:

The Q4 operating performance is further summarised below:

Balance Sheet Highlights

The company's total assets stood at ₹31,741.83 lakhs as on March 31, 2026, compared to ₹19,902.69 lakhs as on March 31, 2025. Shareholders' funds grew significantly to ₹26,621.84 lakhs from ₹14,783.90 lakhs, driven by a rise in reserves and surplus to ₹24,524.43 lakhs. Key balance sheet figures are presented below:

Cash Flow and FPO Utilisation

The company reported a net cash outflow from operating activities of ₹2,604.62 lakhs for the year ended March 31, 2026, compared to an outflow of ₹321.77 lakhs in the previous year. Net cash from financing activities stood at ₹7,653.05 lakhs, supported by proceeds from the issue of share capital amounting to ₹8,120.51 lakhs. Net cash flow from investing activities was an outflow of ₹953.15 lakhs, primarily on account of purchase of property, plant and equipment worth ₹971.51 lakhs. Closing cash and cash equivalents stood at ₹4,355.02 lakhs. The company had issued and allotted 15,00,000 equity shares of ₹10 each at a premium of ₹575 per equity share through a Further Public Offer (FPO) on July 14, 2025. The complete utilisation of FPO proceeds is detailed below:

Dividend and Auditor Appointments

The board recommended a final dividend of ₹0.75 per equity share (75 paisa, i.e., 7.5%) on equity shares of face value ₹10 each for the financial year ended March 31, 2026, subject to shareholder approval at the ensuing Annual General Meeting. In addition to the financial results, the board approved several key appointments effective May 5, 2026:

The notification was signed by Hitesh Birla, Chief Financial Officer, and the results were signed by Sunil Menon, Managing Director (DIN: 00409485). The trading window for dealing in CFF Fluid Control Limited's securities, which was closed prior to the board meeting, will reopen 48 hours after the conclusion of the meeting, in accordance with the company's Code of Conduct under SEBI (Prohibition of Insider Trading) Regulations, 2015.

CFF Fluid Control Limited has submitted a Statement of Deviation/Variation in the utilisation of funds raised through a Further Public Issue, as required under Regulation 32 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The filing, addressed to BSE Limited and dated May 05, 2026, covers the half year ended March 31, 2026. The company raised Rs. 8775 Lakhs through the Further Public Issue on 14-07-2025, with funds earmarked for working capital requirements and general corporate purposes.

Fund Utilisation Overview

The statement confirms that a deviation exists in the use of proceeds from the public issue. The company had originally proposed to raise funds to meet working capital requirements and general corporate purposes. The key details of the fund-raising and utilisation are summarised below:

Deviation Details by Object

The deviation pertains to the reallocation of unutilised Issue Expenses towards General Corporate Purpose. The table below presents the original allocations, actual utilisation, and the resulting variation for each object as of March 31, 2026:

Nature of Deviation

The deviation recorded in the filing is limited to the reallocation between Issue Expenses and General Corporate Purpose. The full Working Capital allocation of Rs. 7260.00 Lakhs was utilised as originally planned, with no deviation reported under this head. Under General Corporate Purpose, actual utilisation stood at Rs. 860.51 Lakhs against an original allocation of Rs. 833.00 Lakhs, reflecting an excess of Rs. 27.51 Lakhs. Correspondingly, Issue Expenses saw utilisation of Rs. 654.49 Lakhs against an original allocation of Rs. 682.00 Lakhs, leaving a shortfall of Rs. 27.51 Lakhs, which was redirected to General Corporate Purpose.

The statement was signed by Hitesh Birla, Chief Financial Officer of CFF Fluid Control Limited, on May 05, 2026. No modified objects were applicable, and no shareholder approval was sought for the variation, as the deviation arose from the internal reallocation of unutilised issue expenses.