MPF Systems Turns Profitable with Net Profit of ₹404.79 Lakh

1 min read     Updated on 21 May 2026, 12:15 PM
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MPF Systems announced audited standalone financial results for Q4 and FY26, reporting a net profit of ₹404.79 lakh for the quarter and ₹382.90 lakh for the full year, reversing previous losses. Revenue from operations for Q4 stood at ₹445.49 lakh. The statutory auditors issued an unmodified opinion but highlighted non-disclosure regarding MSME creditor bifurcation and unconfirmed supplier advances.

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mather & platt fire systems has announced its audited standalone financial results for the quarter and year ended March 31, 2026. The company reported a significant turnaround, posting a net profit of ₹404.79 lakh for the quarter ended March 31, 2026, compared to a net loss of ₹30.44 lakh in the corresponding quarter of the previous year. Revenue from operations for the quarter stood at ₹445.49 lakh.

Financial Performance Overview

The board meeting to consider these results was originally scheduled for May 16, 2026, but was postponed to May 19, 2026, due to unavoidable circumstances. The total income for the quarter ended March 31, 2026, was ₹445.73 lakh, a sharp increase from ₹0.05 lakh in the same period last year. For the full year, the company reported a net profit of ₹382.90 lakh, reversing a net loss of ₹169.89 lakh in the previous fiscal year.

Metric Quarter Ended March 31, 2026 Quarter Ended March 31, 2025
Revenue from Operations ₹445.49 lakh ₹0.00 lakh
Total Income ₹445.73 lakh ₹0.05 lakh
Total Expenses ₹5.33 lakh ₹30.44 lakh
Net Profit/(Loss) ₹404.79 lakh ₹(30.44) lakh
Basic EPS ₹14.89 ₹(1.12)

Auditor's Report and Compliance

The statutory auditors, S K Bhavsar & Co., issued an unmodified opinion on the audited standalone financial results. However, the auditors drew attention to significant trade payables where the bifurcation between Micro, Small, and Medium Enterprise (MSME) creditors was not provided, noting that non-disclosure affects regulatory compliance. Additionally, advances paid to suppliers remain unconfirmed, raising concerns regarding the reliability of liabilities.

The company's earnings per share (EPS) for continuing operations improved to ₹14.89 for the quarter, compared to a loss of ₹1.12 per share in the prior year. The paid-up equity share capital remained unchanged at ₹271.93 lakh with a face value of ₹10 each.

Will Mather & Platt Fire Systems be able to sustain its revenue momentum in FY2027, given that Q4 FY2026 revenue surged from near-zero to ₹445.49 lakh — what contracts or business developments drove this sudden turnaround?

How might the unresolved MSME creditor disclosure issue and unconfirmed supplier advances impact the company's ability to secure future contracts or regulatory approvals?

Could the dramatic single-quarter revenue spike indicate a one-time order or project completion, and what is the company's pipeline to ensure consistent revenue in upcoming quarters?

MPF Systems Limited Appoints Vishnu Deepakbhai Rupareliya as Chief Financial Officer

1 min read     Updated on 01 May 2026, 02:38 PM
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MPF Systems Limited has appointed Mr. Vishnu Deepakbhai Rupareliya as Chief Financial Officer with immediate effect from 30th April, 2026, following board approval during a meeting held from 06:20 PM to 06:50 PM. The appointee, who holds a Bachelor's degree in Mechanical Engineering, is the grandson of Executive Director Mr. Kurjibhai Rupareliya and brings strong analytical mindset and technical acumen to ensure high standards of corporate governance.

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Mather & Platt Fire Systems Limited has announced the appointment of Mr. Vishnu Deepakbhai Rupareliya as Chief Financial Officer with immediate effect. The decision was taken during a Board meeting held on 30th April, 2026, in accordance with Regulation 30 of the SEBI (LODR) Regulations, 2015. The meeting commenced at 06:20 PM and concluded at 06:50 PM on the same day.

Appointment Details

The Board of Directors approved the appointment of Mr. Vishnu Deepakbhai Rupareliya to the position of Chief Financial Officer. The appointment is effective immediately from 30th April, 2026. The company has disclosed the details of the change in Key Managerial Personnel as required under Regulation 30 read with III of the Listing Regulations and SEBI Circular CIR/CFD/CMD/4/2015 dated September 09, 2015.

Particulars: Details
Name: Mr. Vishnu Deepakbhai Rupareliya
Designation: Chief Financial Officer
Date of Appointment: 30th April, 2026
Reason for Change: Appointment as Chief Financial Officer of the Company
Relationship: Grand Son of Mr. Kurjibhai Rupareliya, Executive Director

Profile of the Appointee

Mr. Rupareliya is a qualified professional with a Bachelor's degree in Mechanical Engineering (BTech). He brings a strong analytical mindset, technical acumen, and a structured approach to problem-solving developed through his engineering background. He is known for his disciplined approach, attention to detail, and commitment to maintaining high standards of corporate governance and compliance. His ability to align financial strategies with business objectives makes him well-positioned to take on the role of Chief Financial Officer.

Regulatory Compliance

The appointment has been communicated to the Bombay Stock Exchange Limited in compliance with regulatory requirements. The formal intimation was signed by Sharang Amar Sharma, Managing Director (DIN: 11428567), and digitally signed on 30th April, 2026. The company maintains transparency in its corporate governance practices by promptly disclosing key managerial personnel changes.

Company Information

MPF Systems Limited is registered with CIN L35105MH1993PLC287894 and has its registered office at Unit No. B 203, Rustomjee Central Park, Andheri Kurla Road, Chakala, Andheri East, Mumbai, Maharashtra-400069, India. The company's scrip code on the Bombay Stock Exchange is 532470. The company operates through its website www.matherplattfiresystems.com and can be contacted at compliancempf@gmail.com .

What strategic financial initiatives might Mr. Rupareliya implement to drive growth in the fire systems industry?

How will the appointment of a family member as CFO impact investor confidence and corporate governance perceptions?

What challenges could arise from appointing an engineering graduate without traditional finance credentials to the CFO role?

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