electro force reported a net profit of ₹63.33 lakh for the financial year ended March 31, 2026, reversing from a loss of ₹23.02 lakh in the half year ended March 31, 2026. Revenue from operations for the year stood at ₹2,137.72 lakh, while total income reached ₹2,137.72 lakh. The company’s board approved the audited financial results on May 28, 2026.

Financial Performance

The company’s total expenses for FY26 were ₹2,050.89 lakh. Profit before tax for the year was ₹86.83 lakh, compared to a loss of ₹29.29 lakh in the half year ended March 31, 2026. Basic earnings per share for FY26 were ₹0.27, compared to a loss of ₹0.10 in the half year.

Auditor’s Report

Mittal Agarwal & Company, Chartered Accountants, issued an unmodified opinion on the financial results. The audit was conducted in accordance with the Standards on Auditing specified under section 143(10) of the Companies Act, 2013. The firm confirmed independence in accordance with the Code of Ethics issued by the Institute of Chartered Accountants of India.

Financial Results Summary

Assets and Liabilities

As of March 31, 2026, the company’s total assets were ₹7,748.97 lakh, with current assets comprising ₹5,680.31 lakh. Shareholders' funds stood at ₹7,211.01 lakh, including share capital of ₹2,340.00 lakh and reserves of ₹4,871.01 lakh. Cash and cash equivalents decreased to ₹131.48 lakh from ₹185.86 lakh in the previous year.

Electro Force (India) Limited has disclosed the publication of its postal ballot notice in newspapers on May 22, 2026. The company initiated the postal ballot process to seek shareholder approval on three special business resolutions. The remote e-voting facility, facilitated by Central Depository Services (India) Limited (CDSL), will be available from May 23, 2026, at 9:00 A.M. until June 22, 2026, at 5:00 P.M. Members registered as of the cut-off date, May 15, 2026, are eligible to participate.

Appointment of Directors

The first resolution seeks approval for the appointment of Mr. Krishnakumar Laxman Bangera (DIN: 02082675) as a Non-Executive Independent Director for a second term of five years commencing June 1, 2026. As Mr. Bangera has attained the age of 75, the resolution also requires shareholder approval under Regulation 17(1A) of the SEBI LODR Regulations. The second resolution proposes the regularization of the appointment of Mrs. Dhruti Harsh Satia (DIN: 11670095) as a Non-Executive Independent (Woman) Director for a term of five years effective from April 21, 2026.

Business Expansion and Diversification

The third resolution requests authorization for the Board to diversify and expand the company's business activities. The proposal includes making investments of up to an aggregate amount of ₹25 Crores to develop product lines in modern plastics, engineering plastics, polymer products, molded components, and composite materials. The expansion aims to address pricing pressures in the copper parts market and diversify into service-related activities such as engineering design, product development, and technical consultancy.

Voting Details and Key Dates

The results of the postal ballot are expected to be announced on or before June 24, 2026. The scrutinizer appointed for the process is Mr. CS Vipin Chhawchhriya of M/s. VC & Associates. Shareholders can cast their votes through the remote e-voting system provided by CDSL or via their depository participants.