Loyal Equipments reported a net profit of ₹137.64 lakh for the quarter ended June 30, 2026, representing a 36% year-on-year increase from ₹101.32 lakh in Q1FY25. The Gujarat-based manufacturer of industrial equipment saw revenue from operations jump 66% to ₹1,884.84 lakh from ₹1,133.18 lakh in the prior year period, signaling strong demand momentum in its core segment.

The Board of Directors approved the unaudited standalone financial results on August 06, 2026, at its meeting held at the registered office in Gandhinagar. The results were reviewed by the Audit Committee and subjected to a limited review by the statutory auditors, A Y & Company, pursuant to Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The financial statements were prepared in accordance with Indian Accounting Standard 34 (Ind AS 34) for interim financial reporting.

Financial Performance Overview

The company’s total income stood at ₹1,896.12 lakh, up from ₹1,158.00 lakh in Q1FY25. While other income declined slightly to ₹11.29 lakh from ₹24.82 lakh, the substantial growth in operating revenue drove the top-line expansion. Total expenses rose to ₹1,725.55 lakh from ₹1,057.04 lakh, primarily due to higher raw material consumption and employee benefit expenses, which scaled with increased production volumes.

Profit before tax increased by nearly 69% to ₹170.57 lakh. Tax expenses for the quarter amounted to ₹32.93 lakh, comprising current tax of ₹38.53 lakh offset by deferred tax benefits of ₹5.60 lakh. Earnings per share (basic) rose to ₹1.28 from ₹0.94 in the same period last year.

What the Numbers Show

The divergence between revenue growth (66%) and expense growth (63%) highlights improved operating leverage in Q1FY26. Although cost of raw materials consumed increased significantly to ₹894.08 lakh from ₹642.26 lakh, the company maintained its profitability trajectory. The absence of exceptional items or discontinued operations indicates that the profit growth was entirely operational, derived from the manufacturing segment. With no subsidiaries or joint ventures, the standalone figures reflect the entire group performance, offering a clear view of the company’s core business health.

The Board also authorized key managerial personnel, including the Chairman and Managing Director, Whole-Time Director, Company Secretary, and Chief Financial Officer, to determine the materiality of events for stock exchange disclosures. As of June 30, 2026, the company had no pending investor complaints and continues to operate under ISO 9001:2015 and ASME certifications.

Promoter Alkesh Rameshchandra Patel has increased his shareholding in Loyal Equipments Limited by acquiring 3,000 equity shares through an open market transaction. The purchase, executed on June 17, 2026, raised his stake in the company to 70.29% of the total paid-up share capital. The disclosure was submitted to BSE Limited under Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

Following the transaction, Patel holds 75,84,339 shares carrying voting rights. The acquisition represents a 0.03% increase in his shareholding relative to the company's total voting capital. The total equity share capital of Loyal Equipments Limited stands at ₹ 10,79,00,000, divided into 1,07,90,000 equity shares of ₹10 each.

The filing details the holdings of the promoter group, including Persons Acting in Concert (PAC). Ms. Hema Maheshkumar Patel holds 50,015 shares (0.46%), while Mrs. Parul Alkeshbhai Patel and Mr. Patel Kalpeshbhai H hold 15 shares each. The aggregate holding of the promoter group post-acquisition is 76,34,384 shares, amounting to 70.75% of the total share capital.

Shareholding Details

Transaction Summary