Mewar Hi-Tech Engineering reports net profit of ₹87.81 lakh in FY26
Mewar Hi-Tech Engineering Limited reported a net profit of ₹87.81 lakh for FY26, a decrease from ₹285.37 lakh in FY25, with revenue from operations falling to ₹4,724.93 lakh. The board approved the audited standalone financial results for the year and half-year ended March 31, 2026, and appointed M/s Kothari Harshil & Associates as internal auditor. The debt-equity ratio improved to 2.74, while the auditor issued an unmodified opinion on the financial statements.

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Mewar Hi-Tech Engineering Limited reported a net profit of ₹87.81 lakh for the financial year ended March 31, 2026, a decline from ₹285.37 lakh in the previous year. Revenue from operations for FY26 stood at ₹4,724.93 lakh, compared to ₹5,053.00 lakh in FY25. The company's board approved the audited standalone financial results for the year and half-year ended March 31, 2026, during a meeting held on May 30, 2026. The board appointed M/s Kothari Harshil & Associates, Chartered Accountants, as the internal auditor for the financial year 2026-27.
Financial Performance
The company's total income for the year ended March 31, 2026, was ₹4,726.94 lakh, down from ₹5,053.76 lakh in the prior year. Total expenses for FY26 were ₹4,589.12 lakh, slightly lower than ₹4,708.39 lakh in FY25. The profit before tax for the year was ₹137.81 lakh, compared to ₹345.37 lakh in the previous year. The basic earnings per share (EPS) for FY26 were reported at ₹2.25, down from ₹7.31 in FY25.
| Metric | FY26 (₹ in Lakh) | FY25 (₹ in Lakh) |
|---|---|---|
| Revenue from Operations | 4,724.93 | 5,053.00 |
| Total Income | 4,726.94 | 5,053.76 |
| Total Expenses | 4,589.12 | 4,708.39 |
| Profit Before Tax | 137.81 | 345.37 |
| Net Profit | 87.81 | 285.37 |
| Basic EPS | 2.25 | 7.31 |
Operational Highlights and Ratios
The debt-equity ratio improved to 2.74 in FY26 from 2.93 in the previous year. The interest service coverage ratio stood at 2.05, while the debt service coverage ratio was 0.20. The company's finance costs for the year were ₹230.09 lakh, compared to ₹232.83 lakh in FY25. Depreciation and amortization expenses decreased to ₹104.89 lakh from ₹147.43 lakh in the prior year.
Auditor and Governance
M/s Maheshwari N. & Associates, Chartered Accountants, issued an unmodified opinion on the audited financial statements. The independent auditor's report highlighted related party transactions and inventory valuation as key audit matters. The company confirmed that no funds were advanced or invested by the company to or in any other persons or entities with the understanding that the intermediary shall lend or invest in other persons or entities identified by the company. The trading window for designated persons, which was closed from April 01, 2026, will reopen 48 hours after the declaration of the results.
Historical Stock Returns for Mewar Hi-Tech Engineering
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -4.99% | -0.25% | +16.52% | +20.06% | -47.49% | +103.32% |
What strategic initiatives will Mewar Hi-Tech implement to reverse the decline in net profit and revenue growth in FY27?
How does the company plan to further reduce its debt-equity ratio given the high leverage of 2.74?
What impact will the highlighted audit matters regarding inventory valuation have on future working capital management?


























