Nirmitee Robotics India Limited reported a net profit of ₹80.84 lakh for FY26, a 34% increase from ₹60.22 lakh in the previous year, despite revenue declining to ₹736.48 lakh. The company filed its annual report on August 24, 2026, ahead of its 10th Annual General Meeting (AGM) scheduled for September 19, 2026.

The profit growth was driven by a significant reduction in finance costs and other operating expenses, which offset the decline in top-line growth. Revenue from operations and other income stood at ₹736.48 lakh compared to ₹897.53 lakh in FY25.

Financial Performance

The company’s operating profit before interest, depreciation, and tax (PBIT) rose to ₹126.53 lakh from ₹120.87 lakh in the prior year. This improvement occurred even as revenue contracted by approximately 18%.

Finance costs dropped sharply to ₹8.04 lakh from ₹24.45 lakh in FY25. Other operating expenses also fell significantly to ₹328.65 lakh from ₹552.79 lakh. Depreciation and amortization expenses decreased to ₹14.39 lakh from ₹16.97 lakh.

What the Numbers Show

The divergence between falling revenue and rising profitability highlights a shift in cost structure rather than volume-driven growth. With finance costs and other operating expenses contracting at a faster rate than revenue, the company improved its bottom line despite lower top-line inflows. This suggests enhanced operational efficiency or one-time expense reductions in the prior year that have normalized.

AGM Details and Resolutions

The register of members and share transfer books will remain closed from September 13, 2026, to September 19, 2026. The cut-off date for voting eligibility is September 12, 2026. Remote e-voting will be available from 9:00 am on September 16, 2026, to 5:00 pm on September 18, 2026.

Shareholders will consider the following key resolutions:

• Adoption of audited standalone financial statements for FY26.
• Re-appointment of Mr. Kartik Eknath Shende as a Non-Executive Director, retiring by rotation.
• Re-appointment of M/s. BPSD & Associates as Statutory Auditors for a five-year term from FY27 to FY31.
• Regularization of the appointment of Mr. Rahul Kartik Shende as a Non-Executive Director.

Mr. Avinash Gandhewar has been appointed as the scrutinizer for remote e-voting. Physical copies of the notice and annual report will be dispatched only upon specific request.

Nirmitee Robotics India Limited has appointed Rahul Kartik Shende as its new Chief Financial Officer (CFO), effective August 10, 2026. The appointment follows the resignation of outgoing CFO Atul Dhawad, who cited an inability to devote sufficient time due to other professional commitments. This leadership change ensures continuity in financial oversight for the company, which operates in the robotics sector.

The Board of Directors approved these changes during a meeting held on August 7, 2026, which commenced at 3:30 PM and concluded at 4:30 PM. The decisions were made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and applicable provisions of the Companies Act, 2013. Muskan Sundardas Bajaj, the Company Secretary and Compliance Officer, certified the disclosures submitted to BSE Limited.

Atul Dhawad’s resignation takes effect from the close of business hours on August 8, 2026. In his resignation letter dated August 5, 2026, Dhawad confirmed that his departure was driven by competing professional obligations. He assured the Board that he would complete all handover formalities by his last service day. The Company acknowledged his contributions during his tenure as Key Managerial Personnel.

Rahul Kartik Shende assumes the role of CFO and Key Managerial Personnel on August 10, 2026. Shende holds a Master of Business Administration (MBA) with a specialization in Marketing and possesses expertise in strategic marketing, brand management, and business development. He is currently pursuing a role as a Business Development Executive for personal care products. His Director Identification Number (DIN) is 11622452.

Key Personnel Changes

A notable disclosure in the filing reveals that Rahul Kartik Shende is the son of Mr. Kartik Eknath Shende (DIN: 02627131), who serves as a Non-Executive Director of Nirmitee Robotics India Limited. This familial relationship between the incoming CFO and a sitting director is a material disclosure required under SEBI Listing Regulations, ensuring transparency regarding potential related-party dynamics within the company’s governance structure.

The Board’s decision addresses the immediate vacancy in a critical financial leadership role. While Shende’s background is rooted in marketing and business development rather than traditional finance, the Board deemed his skills in business development and organizational strategy suitable for the position. The transition period between Dhawad’s departure and Shende’s arrival spans two days, minimizing operational disruption to the company’s financial reporting and compliance functions.