Chamunda Electrical FY26 net profit rises 4.8% to ₹351.70 lakh
Chamunda Electrical Limited reported a 4.8% rise in net profit to ₹351.70 lakh for FY26, with revenue from operations increasing to ₹3,204.01 lakh. The Board approved the audited results on May 30, 2026, and the auditors issued an unmodified opinion. The company has utilized ₹1,379.43 lakh of its IPO proceeds, with the unutilized amount invested in fixed deposits.

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Chamunda Electrical Limited reported a net profit of ₹351.70 lakh for the financial year ended March 31, 2026, a 4.8% increase from ₹335.63 lakh in the previous year. Revenue from operations grew to ₹3,204.01 lakh from ₹2,528.57 lakh in FY25, driven by higher operational activity. The company’s total expenses for the year stood at ₹2,823.50 lakh, up from ₹2,034.61 lakh in the prior year, primarily due to increased employee benefit costs and direct expenses.
The Board of Directors approved the audited financial results for the year and the second half-year ended March 31, 2026, at a meeting held on May 30, 2026. N R Kalal and Associates, Chartered Accountants, issued an unmodified opinion on the financial results, confirming compliance with Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The auditor’s report stated that the results give a true and fair view of the company’s financial performance.
Financial Performance
For the half-year ended March 31, 2026, the company reported a profit of ₹126.07 lakh, a decline from ₹283.41 lakh in the same period of the previous year. Revenue for this half-year was ₹1,545.67 lakh. Total expenses for the period were ₹1,378.25 lakh. The company’s earnings per share (EPS) for the full year stood at ₹3.19 on a basic and diluted basis, compared to ₹4.13 in FY25.
Key Financial Metrics
| Particulars | FY26 (₹ in Lakhs) | FY25 (₹ in Lakhs) |
|---|---|---|
| Revenue from operations | 3,204.01 | 2,528.57 |
| Total Revenue | 3,245.54 | 2,544.87 |
| Total Expenses | 2,823.50 | 2,034.61 |
| Profit before tax | 422.04 | 449.54 |
| Net Profit | 351.70 | 335.63 |
IPO Proceeds Utilization
The company, which listed on the NSE Emerge platform on February 11, 2025, has utilized ₹1,379.43 lakh of the total ₹1,459.50 lakh raised through its initial public offering. The unutilized amount of ₹80.07 lakh has been invested in fixed deposits. Funds were deployed towards working capital, repayment of term loans, general corporate purposes, and capital expenditure. A certificate from the statutory auditors confirmed that the utilization of issue proceeds is in agreement with the books of account.
Board Appointments
The Board appointed Mr. Nikunj Sureshbhai Modi as the internal auditor of the company for a term of three years starting from the financial year 2026-27. The appointment is intended to ensure compliance with the Companies Act, 2013, and SEBI Listing Regulations. The company confirmed that there is no default on loans and debt securities as of the reporting date.
Historical Stock Returns for Chamunda Electricals
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +1.34% | +4.40% | -3.94% | -20.19% | -8.49% | -37.59% |
How does the company plan to manage the rising employee benefit costs and direct expenses to improve net profit margins in FY27?
What specific capital expenditure projects will the remaining ₹80.07 lakh of unutilized IPO proceeds be allocated toward?
Will the company consider declaring dividends now that the majority of IPO proceeds have been utilized for debt repayment and working capital?
























