L.T. Elevator Limited (formerly known as L.T. Elevator Private Limited) convened a Board of Directors meeting on May 8, 2026, commencing at 19:30 PM and concluding at 20:45 PM, at which the board approved the audited standalone and consolidated financial statements for the financial year ended March 31, 2026. The results were submitted to BSE Limited pursuant to Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Statutory auditor KSA & Co., Chartered Accountants (Firm Registration Number: 003822C), issued an unmodified audit report on both sets of financial statements.

Standalone Financial Performance

On a standalone basis, L.T. Elevator Limited delivered notable growth across key financial metrics for FY26. Revenue from operations rose to ₹7,074.26 lakhs in the year ended March 31, 2026, compared to ₹4,687.78 lakhs in the year ended March 31, 2025. Total income, including other income of ₹29.77 lakhs, stood at ₹7,104.03 lakhs for FY26 against ₹4,703.75 lakhs in FY25. The following table summarises the standalone financial results:

For the second half of FY26 (half year ended March 31, 2026), standalone revenue from operations was ₹3,887.50 lakhs and net profit was ₹560.46 lakhs, compared to ₹2,732.18 lakhs and ₹557.65 lakhs respectively in the half year ended March 31, 2025.

Standalone Balance Sheet Highlights

The standalone balance sheet as at March 31, 2026 reflected significant expansion in the company's asset and equity base. Total assets and total equity and liabilities both stood at ₹13,028.26 lakhs as at March 31, 2026, compared to ₹7,921.38 lakhs as at March 31, 2025. Key balance sheet items are presented below:

On the cash flow front, the standalone net cash from operating activities was -₹1,328.48 lakhs for the year ended March 31, 2026, while net cash flow from investing activities was ₹2,352.76 lakhs. Net cash used in financing activities was -₹71.81 lakhs. Cash and cash equivalents at the end of the year stood at ₹1,342.12 lakhs, compared to ₹389.65 lakhs at the beginning of the year.

Consolidated Financial Performance

On a consolidated basis, which includes the company and its subsidiary, L.T. Elevator Limited reported strong growth in FY26. Consolidated revenue from operations reached ₹11,134.32 lakhs for the year ended March 31, 2026, compared to ₹5,652.14 lakhs in FY25. Total consolidated income, including other income of ₹38.74 lakhs, was ₹11,173.07 lakhs against ₹5,673.91 lakhs in the prior year. The table below presents the key consolidated financial results:

For the second half of FY26 (half year ended March 31, 2026), consolidated revenue from operations was ₹6,445.00 lakhs and consolidated net profit was ₹1,056.64 lakhs, compared to ₹3,696.54 lakhs and ₹785.96 lakhs respectively in the half year ended March 31, 2025.

Consolidated Balance Sheet and Cash Flow

The consolidated balance sheet as at March 31, 2026 showed total assets and total equity and liabilities of ₹14,235.05 lakhs, up from ₹8,699.35 lakhs as at March 31, 2025. Notable movements included an increase in consolidated trade receivables to ₹4,571.84 lakhs from ₹2,193.93 lakhs, and consolidated cash and cash equivalents rising to ₹1,097.19 lakhs from ₹427.42 lakhs. Consolidated short-term borrowings stood at ₹1,895.28 lakhs as at March 31, 2026, compared to ₹1,632.35 lakhs in the prior year. On the cash flow front, consolidated net cash from operating activities was -₹1,662.75 lakhs, net cash flow from investing activities was ₹2,296.39 lakhs, and net cash used in financing activities was ₹36.13 lakhs for the year ended March 31, 2026. Consolidated cash and cash equivalents at the end of the year were ₹1,097.19 lakhs, compared to ₹427.42 lakhs at the beginning of the year.

Auditor's Report and Compliance

KSA & Co., Chartered Accountants, issued an unmodified (clean) audit opinion on both the standalone and consolidated financial statements for the year ended March 31, 2026. The auditor confirmed that the financial statements give a true and fair view in conformity with accounting principles generally accepted in India. Key compliance observations from the auditor's report include:

• The company has disclosed the impact of pending litigations as on March 31, 2026 on its financial position (Refer Note-30).
• The company does not have any long-term contracts, including derivative contracts, for which there were any material foreseeable losses.
• No amounts were required to be transferred to the Investor Education and Protection Fund during the year ended March 31, 2026.
• No dividend was declared by the company during the year.
• The company used accounting software with an audit trail (edit log) facility, which operated throughout the year for all relevant transactions, and no instance of tampering with the audit trail was identified.
• The internal financial controls over financial reporting were found to be adequate and operating effectively as at March 31, 2026.
• Director remuneration paid during the year is in accordance with the provisions of Section 197 of the Companies Act, 2013.
• None of the directors is disqualified as on March 31, 2026 from being appointed as a director in terms of Section 164(2) of the Act.

L.T. Elevator Limited has announced an investor conference call scheduled for January 19, 2026 at 2:00 PM IST to discuss the recent acquisition of Ricardo Elevators and provide insights into the company's overall business outlook. The announcement was made through a formal communication to BSE Limited on January 13, 2026, in compliance with regulatory requirements.

Regulatory Compliance and Purpose

The investor conference call has been organized pursuant to Regulation 30(6) read with Part A of Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The primary focus of the call will be to discuss the recent acquisition of Ricardo Elevators and share the company's overall business outlook with investors and stakeholders.

Management Participation

The conference call will feature key members of L.T. Elevator's management team who will provide detailed insights into the acquisition and business strategy. The speakers include Mr. Yash Gupta, Whole Time Director, and Mr. Neeraj Hemnani, Head - Home Elevator Division. For further information regarding the conference call, stakeholders can contact Biplab Das, Chief Financial Officer, at biplab@ltelelevator.com .

Access and Participation Details

Investors and participants can join the conference call through multiple options, including universal dial-in numbers and DiamondPass™ express join facility. The company has provided comprehensive joining details with both domestic and international access numbers to ensure broad participation.

The company has emphasized that participants should dial in 10 minutes prior to the conference schedule to ensure timely connection. International participants can access the call through dedicated toll-free numbers for various countries including the USA, UK, Germany, Australia, and several others.

Company Information

L.T. Elevator Limited, with CIN U31909WB2008PLC128871, operates from its corporate and registered office located at Capricorn Nest, 3 Gobinda Auddy Road, Alipore Kolkata. The company trades on BSE with scrip code 544518 and ISIN INE0TJ801010. The formal announcement was signed by Mr. Arvind Gupta, Managing Director (DIN: 00253202), emphasizing the significance of this investor engagement initiative.