Eimco Elecon (India) Limited announced its audited financial results for FY26 in a board meeting held on April 14, 2026. The company reported mixed performance with declining revenue and profitability compared to the previous financial year.

Financial Performance Overview

The company's financial performance showed a downward trend across key metrics for FY26:

The company's revenue from operations declined by 6.38% to Rs. 23,074.65 lakhs in FY26 from Rs. 24,647.25 lakhs in the previous year. Net profit after tax decreased significantly by 20.84% to Rs. 3,871.33 lakhs compared to Rs. 4,890.68 lakhs in FY25.

Quarterly Results Analysis

For the quarter ended March 31, 2026, the company reported revenue from operations of Rs. 6,688.28 lakhs and net profit of Rs. 636.42 lakhs. The quarterly performance showed improvement compared to the December 2025 quarter, which had revenue of Rs. 6,305.74 lakhs and net profit of Rs. 1,251.53 lakhs.

Dividend Declaration and Corporate Actions

The Board of Directors recommended several key decisions during the meeting:

The recommended dividend of 40% translates to Rs. 4 per equity share of Rs. 10 each, subject to approval at the Annual General Meeting.

Auditor Appointments and Risk Management

The board approved the re-appointment of key auditors for FY2026-27:

The company also constituted a Risk Management Committee with five members including Mr. Jai S. Diwanji as Chairman (Non-Executive Independent Director), along with other directors and key executives.

Financial Position and Regulatory Compliance

The company's total assets increased to Rs. 52,415.84 lakhs as of March 31, 2026, from Rs. 48,797.76 lakhs in the previous year. Total equity stood at Rs. 46,750.71 lakhs compared to Rs. 43,194.15 lakhs in FY25.

The company generated net cash of Rs. 2,210.89 lakhs from operating activities during FY26, compared to Rs. 3,327.77 lakhs in the previous year. The audited financial results received an unmodified opinion from the statutory auditors, confirming compliance with applicable accounting standards and regulatory requirements.

Publication and Disclosure

Pursuant to Regulation 47 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the company published its audited financial results for the quarter and year ended March 31, 2026 in Business Standard and Jai Hind newspapers on April 16, 2026. The publication was communicated to BSE Limited (Company Code 523708) and National Stock Exchange of India Limited (Symbol EIMCOELECO - Series EQ) by Company Secretary & Compliance Officer Rikenkumar Dalwadi.

Eimco Elecon (India) Limited has filed its Annual Secretarial Compliance Report for the financial year ended 31st March, 2026, with both BSE and NSE. The report, submitted under Regulation 24A of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, demonstrates the company's commitment to maintaining high standards of corporate governance and regulatory compliance.

Clean Compliance Record

The secretarial audit conducted by Mr. J. J. Gandhi, Proprietor of M/s J. J. Gandhi & Co., Practicing Company Secretary, revealed no deviations from applicable regulations during the review period. The comprehensive examination covered multiple aspects of regulatory compliance and corporate governance practices.

Regulatory Framework Coverage

The secretarial review examined compliance with various SEBI regulations and guidelines. The audit covered key regulatory frameworks including the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, and the Securities and Exchange Board of India (Prohibition of Insider Trading) Regulations, 2015.

Key Areas Examined

• Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011
• Corporate governance policies and their timely adoption
• Related party transaction approvals through Audit Committee
• Performance evaluation of Board and Independent Directors
• Preservation of documents as per prescribed policies

Corporate Governance Highlights

The report confirms that Eimco Elecon maintained robust corporate governance practices throughout FY26. The company obtained prior approval from the Audit Committee for all related party transactions and conducted performance evaluations of the Board, Independent Directors, and Committees as prescribed.

Auditor Assessment

The practicing company secretary confirmed that no actions were taken against the listed entity, its promoters, directors, or subsidiaries by SEBI or stock exchanges during the review period. The company maintained proper records and demonstrated effective compliance with all applicable secretarial standards issued by the Institute of Company Secretaries of India.

The report was digitally signed by Company Secretary & Compliance Officer Rikenkumar Dalwadi on 15th April, 2026, and submitted to both BSE (Company Code 523708) and NSE (Symbol EIMCOELECO - Series EQ) for regulatory compliance.