LEEL Electricals Limited has published its Standalone Audited Financial Results for the quarter and financial year ended March 31, 2026, through newspaper advertisements in Financial Express and JanSatta, dated May 16, 2026. The publication was communicated to BSE Limited and the National Stock Exchange of India Limited by Managing Director Neeraj Gupta. The results, approved by the Audit Committee and Board of Directors on May 14, 2026, confirm a decisive return to profitability for the company, with a net profit of ₹213.85 lacs for the full year, compared to a net loss of ₹76,111.00 lacs in the previous year.

Financial Performance Overview

The company's Standalone Audited Financial Results, prepared in accordance with Indian Accounting Standards (Ind AS) as notified under the Companies (Indian Accounting Standards) Rules, 2015, reflect a significant operational turnaround. Revenue from operations for the full year stood at ₹2,891.93 lacs, while total income reached ₹2,910.28 lacs. Total expenses for the year were ₹2,695.22 lacs. Profit Before Tax for the year was recorded at ₹215.06 lacs, against a loss of ₹76,111.00 lacs in the prior year. The following table presents the key financial metrics for the full year:

Quarterly Performance

For the quarter ended March 31, 2026, the company reported total income from operations of ₹1,695.68 lacs, compared to ₹1.25 lacs in the corresponding quarter of the previous year. The quarterly financial highlights are presented below:

Operational Highlights and Auditor's Report

The Statutory Auditors, M/s Vivek Mittal & Associates, issued an audit report with an unmodified opinion on the standalone financial results. The company operates in a single business segment, the 'Manufacturing of Part of Air Conditioning Machines'. Segment revenue for the year totalled ₹2,910.28 lacs, with segment results at ₹215.06 lacs. The Board has not recommended any dividend for the financial year ended March 31, 2026.

Corporate Governance Updates

During the Board meeting held on May 14, 2026, the Board also approved a change in the address where the books of accounts are kept. The location has been moved from Greater Noida to Plot No. 5, 6-7, Sector-4, IIE SIDCUL, Pant Nagar, Rudrapur, Uttarakhand-263153. The Board additionally took note of the disclosures of interest by directors and the annual affirmation regarding compliance with the code of conduct. The full format of the financial results is available on the websites of BSE ( www.bseindia.com ), NSE ( www.nseindia.com ), and the company's website at www.leelelectric.com .

LEEL Electricals Limited (formerly Lloyd Electric & Engineering Limited) has announced a strategic relocation of its manufacturing operations along with ambitious capacity expansion plans. The company disclosed these developments through a regulatory filing dated May 02, 2026, under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Facility Relocation Details

The company is shifting its manufacturing facility from Greater Noida to Uttarakhand. The relocation involves moving operations from Plot no. 57, Unit II, Ecotech XII Industrial Area, Gautam Buddha Nagar, Greater Noida, Uttar Pradesh to Plot No. 5, 6-7, Sector-4, IIE SIDCUL, Pant Nagar, Rudrapur, Uttarakhand 263153. This strategic move represents a significant operational restructuring for the electrical equipment manufacturer.

Capacity Expansion Framework

The company has outlined comprehensive capacity addition plans alongside the facility relocation. The expansion details demonstrate LEEL Electricals' commitment to scaling operations significantly over the next few years.

Investment and Financing Strategy

The capacity expansion project requires an investment ranging from Rs.80-100 crores, which the company plans to finance through a combination of equity and debt. The expansion is scheduled for completion within the next two years, with a target date of May 2028. The company has identified business expansion as the primary rationale for this significant capital investment.

Operational Transition

Currently, LEEL Electricals operates at 20% capacity utilization at its existing facility. The relocation to Pant Nagar, combined with the substantial capacity increase, positions the company for enhanced operational efficiency and market reach. The new facility location in Uttarakhand's industrial corridor may provide strategic advantages in terms of logistics and operational costs.

Regulatory Compliance

The announcement was made in accordance with SEBI Circular No. SEBI/HO/49/14/14(7)2025-CFD-POD2/I/3762/2026, dated January 30, 2026. Managing Director Neeraj Gupta signed the disclosure, ensuring full regulatory compliance for both the facility shift and capacity addition plans. The company has informed both BSE Limited and National Stock Exchange of India Limited about these significant operational developments.