Chamunda Electrical promoters declare no encumbrances on shares for FY26

Chamunda Electrical Limited disclosed that its promoters have not created any encumbrances on the company's shares during the financial year ended March 31, 2026. The declaration was submitted by Chirag Natvarlal Patel on behalf of the promoter, promoter group, and persons acting in concert (PAC) in compliance with Regulation 31(4) of the SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011.

The filing confirms that no shares were pledged directly or indirectly, other than those previously disclosed. The promoter group collectively holds 73.55% of the total share capital or voting rights of the company as of March 31, 2026.

Promoter Holding Details

The following table details the shareholding of the promoters and PAC members:

Name(s) of the Promoter(s) and PAC with him	No of shares	% w.r.t. total share/ voting capital wherever applicable
Natvarbhai Karshanbhai Rathod	18,29,460	16.62
Babubhai Karsanbhai Patel	30,000	0.27
Chiragkumar Natvarlal Patel	43,42,944	39.46
Shantaben Natvarbhai Rathod	10,78,144	9.8
Purnikaben Chiragbhai Patel	7,33,980	6.67
Zeel Chiragkumar Patel	79,033	0.72
TOTAL	80,93,561	73.55

Chirag Natvarlal Patel, a key promoter, holds the largest individual stake within the group at 39.46%. The disclosure was addressed to the company and the National Stock Exchange of India Ltd. on April 6, 2026.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
-2.12%	-12.60%	-13.66%	-29.94%	-8.94%	-41.05%

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.