Jainex Aamcol reported a net profit of ₹139.15 lakh for the financial year ended March 31, 2026 (FY26), marking a substantial increase from ₹34.49 lakh in FY25. The gear cutting tools manufacturer posted revenue from operations of ₹2671.16 lakh, up from ₹2378.73 lakh in the prior year. This performance reflects the successful completion of its expansion project and the commencement of commercial production for new product lines.

The company submitted its annual report pursuant to Regulation 34 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The financial statements were audited by M/s. R K Jagetiya & Co., Chartered Accountants, who issued an unqualified opinion. Statutory auditors confirmed that the internal financial controls were adequate and operating effectively as at March 31, 2026.

Financial Performance

Revenue growth was supported by increased turnover across key segments, particularly gear hobs and milling cutters. EBITDA improved significantly to ₹380.25 lakh from ₹142.51 lakh in FY25. However, profit margins faced pressure from higher interest costs, which rose to ₹62.29 lakh from ₹34.77 lakh, and depreciation expenses that more than doubled to ₹118.25 lakh from ₹64.17 lakh due to new capital assets.

The Board of Directors decided not to recommend any dividend for FY26, opting to conserve funds for future business growth and the next phase of expansion. No amount was transferred to reserves during the year.

Expansion and Operational Updates

Jainex Aamcol substantially completed its expansion project during FY26, which included civil construction and the installation of machinery required to enhance manufacturing capabilities. The project enables the production of new products such as Shaper Cutters, Master Gears, and Skiving Cutters, while improving the quality of Big Module Hobs and Worm Wheel Hobs. Commercial production has commenced for certain products, with remaining lines expected to start in a phased manner.

The company also completed a rights issue during the year, allotting 7,48,169 equity shares at ₹120 per share. The issue price was set against a face value of ₹10 per share. Proceeds from the rights issue, along with internal accruals and loans from promoters and banks, are funding the next phase of expansion, which includes acquiring four overseas machines and two local CNC machines at a cost of approximately ₹10 crore.

What the Numbers Show

The surge in net profit is primarily driven by operational leverage rather than just top-line growth. While revenue increased by approximately 12%, EBITDA nearly tripled, indicating improved operating efficiency and better utilization of fixed costs post-expansion. However, the significant rise in depreciation and finance costs highlights the heavy capital expenditure undertaken. The company’s total assets nearly doubled to ₹3891.97 lakh, reflecting this investment cycle. Foreign exchange earnings stood at ₹540.25 lakh against outgoes of ₹1120.27 lakh, underscoring the import dependency for raw materials or machinery despite export efforts.

Jainex Aamcol Limited will hold its 78th Annual General Meeting (AGM) on Thursday, September 3, 2026, at 12:00 P.M. The meeting will be conducted exclusively through Video Conference (VC) or Other Audio Visual Means (OAVM), allowing members to attend and vote remotely without physical presence at a common venue.

The company submitted copies of newspaper advertisements published on August 2, 2026, to the Bombay Stock Exchange Limited, disclosing the AGM details and e-voting information. This submission was made pursuant to Regulation 47 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The advertisements appeared in the English language newspaper "Active Times" and the Marathi language newspaper "Mumbai Lakshdeep."

Meeting Details and Participation

The Ministry of Corporate Affairs (MCA) has permitted companies to conduct AGMs via VC/OAVM under General Circular No. 03/2025 dated September 22, 2025, read together with previous circulars dated September 19, 2024; September 25, 2023; December 28, 2022; May 05, 2022; January 13, 2021; April 8, 2020; April 13, 2020; and May 5, 2020. In compliance with these MCA Circulars and the Companies Act, 2013, Jainex Aamcol is convening the meeting virtually.

The deemed venue for the AGM is the company's registered office at L-3, MIDC Industrial Area P.O. Chikalthana, Aurangabad - 431006. Members can attend and participate in the AGM only through the VC/OAVM facility provided by M/s. MUFG Intime India Pvt. Ltd. Attendance through this mode will be counted for reckoning the quorum under Section 103 of the Companies Act, 2013.

Shareholder Communication

Electronic copies of the Notice of the 78th AGM and the Annual Report for the financial year 2025-26 will be sent to all members whose email addresses are registered with the company or its Depository Participants. These documents will also be available on the company's website and the stock exchange's website. Members will have the opportunity to cast their votes electronically on the resolutions set forth in the notice.

The filing was signed by Kunal Bafna, Whole-time Director and CFO, on August 3, 2026.