Munjal Auto Industries Limited munjal auto industries reported a 13.33% year-on-year increase in standalone total income to ₹1,462 crore for the financial year ended March 31, 2026, driven by new business initiatives and expanded OEM relationships. Despite the top-line growth, standalone net profit declined 10.28% to ₹27.54 crore, weighed down by mark-to-market losses on mutual fund investments. The company’s consolidated revenue rose 10.87% to ₹2,326 crore, with consolidated profit after tax increasing 18.14% to ₹46.15 crore. The Board of Directors recommended a final dividend of ₹1 per equity share, representing a 50% payout ratio, subject to approval at the 41st Annual General Meeting scheduled for August 31, 2026.

The financial results were submitted pursuant to Regulations 30 and 34 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. K C Mehta & Co LLP served as the statutory auditor for the period, issuing an unqualified opinion on the standalone and consolidated financial statements. The audit covered compliance with Indian Accounting Standards (Ind AS) and confirmed that internal financial controls were adequate and operating effectively as of March 31, 2026. No qualifications or adverse remarks were noted in the statutory auditors’ report.

Financial Performance

Standalone revenue from operations grew 13.23% to ₹1,43,858 lakh in FY26 compared to ₹1,27,052 lakh in FY25. Total income, including other income of ₹2,376 lakh, reached ₹1,46,234 lakh. Profit before tax stood at ₹3,228 lakh, down from ₹3,911 lakh in the previous year. After accounting for taxation expenses of ₹473 lakh, profit after tax was ₹2,754 lakh. Earnings per share decreased to ₹2.75 from ₹3.07 in FY25.

On a consolidated basis, revenue from operations increased to ₹2,29,515 lakh from ₹2,06,637 lakh. Consolidated profit after tax rose to ₹4,615 lakh from ₹3,906 lakh, with earnings per share improving to ₹4.02 from ₹3.64. The subsidiary, Indutch Composites Technology Private Limited (ICTPL), contributed significantly, reporting revenue of ₹85,657 lakh and profit before tax of ₹3,094 lakh.

What the Numbers Show

The divergence between standalone and consolidated profitability highlights the impact of investment valuation on the parent company’s bottom line. While standalone operating profits improved, the net profit decline was primarily attributed to mark-to-market losses on mutual fund investments, which reduced the return on investment ratio from 8.05% in FY25 to 1.19% in FY26. Conversely, the consolidated entity benefited from strong execution in the wind energy and advanced composites segments through its subsidiary ICTPL, which expanded mould manufacturing capacity during the year. This structural strength in the subsidiary offset some of the volatility seen in the parent company’s investment portfolio.

Operational and Governance Updates

All five manufacturing units located in Gujarat, Haryana, and Uttarakhand operated at satisfactory efficiency levels. The company secured a long-term supply contract with Honda Motorcycle & Scooter India and deepened engagement with Tata Motors Passenger Vehicles. In governance developments, Mr. Anuj Munjal retires by rotation and offers himself for reappointment as a director. Mr. Nitin Bachchavat was appointed Chief Financial Officer effective October 15, 2025, succeeding Mr. Brham Prakash Yadav. The register of members will be closed from August 21, 2026, to August 31, 2026, with August 20, 2026, fixed as the record date for dividend entitlement.

Munjal Auto Industries Limited has requested the National Stock Exchange of India Limited to allow the re-submission of its corrected XBRL filing for the financial year ended March 31, 2026. The company identified an inadvertent typographical error in the Integrated Finance submission for the quarter and year ended March 31, 2026. In a communication dated June 23, 2026, the company sought the opportunity to upload the revised filing to ensure accuracy and maintain correct records on the exchange platform.

The company clarified that the correction is limited strictly to the typographical error identified in the filing. It undertook that no material information is being altered through the revised submission. The request was addressed to the Listing Compliance Department of the exchange to facilitate the update of the corporate information on their systems.

Filing Details

The communication was signed by Gauri Y Bapat, Company Secretary and Associate Company Secretary (ACS22782), on behalf of Munjal Auto Industries Limited.