Porwal Auto Components Limited reported a net profit of ₹992.51 lakh for the financial year ended March 31, 2026, a substantial increase from ₹16.09 lakh in the previous year. Revenue from operations for FY26 stood at ₹14,226.23 lakh, compared to ₹14,044.67 lakh in FY25. The Board of Directors approved the audited financial results for the quarter and year ended March 31, 2026, during a meeting on May 27, 2026. The company published these results in newspapers, Free Press and Choutha Sansar, on May 28, 2026, under Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Financial Performance

The company’s total income for FY26 rose to ₹15,045.76 lakh from ₹14,067.39 lakh in the previous year. Profit before tax for the year increased significantly to ₹1,205.86 lakh from ₹19.32 lakh in FY25. For the quarter ended March 31, 2026, the company recorded a net profit of ₹10.71 lakh, with revenue from operations at ₹3,643.11 lakh. In the corresponding quarter ended March 31, 2025, the net profit was ₹220.20 lakh on revenue of ₹3,922.71 lakh.

Key Financial Metrics

Auditor and Compliance

The statutory auditors, M/s. H. N. Jhavar & Co., Chartered Accountants, issued an audit report with an unmodified opinion on the financial results. The report confirms compliance with the recognition and measurement principles laid down in the applicable Indian Accounting Standards ('Ind AS'). The Board also adopted the audited financial statements, including the balance sheet, statement of profit and loss, and cash flow statement for FY26.

Operational Highlights

The company’s total assets as of March 31, 2026, were reported at ₹9,442.01 lakh, up from ₹8,516.76 lakh in the previous year. Equity share capital remained unchanged at ₹1,510.00 lakh. The disclosures were submitted to BSE Limited under Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Porwal Auto Components Limited has scheduled an Extra-Ordinary General Meeting (EGM) on Friday, June 05, 2026, at 01:00 P.M. (IST) through Video Conferencing (VC) or Other Audio Visual Means (OAVM). The meeting seeks shareholder approval for the preferential issuance of equity shares and convertible warrants. The EGM notice was submitted to BSE Limited on May 12, 2026, pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Subsequently, on May 13, 2026, the company filed newspaper clippings with BSE under Regulation 30 and Regulation 47 of the SEBI (LODR) Regulations, 2015, read with Section 108 of the Companies Act, 2013. The notice was published in Choutha Sansar (Hindi edition) and Free Press (English edition), informing members of the EGM and remote e-voting details.

Preferential Issue Proposals

The board proposes to issue up to 17,54,384 equity shares to non-promoter investors and up to 3,94,735 convertible warrants to the promoter group. Both issuances are priced at ₹57.00 per security, including a premium of ₹47.00. The total aggregate amount for the equity shares is ₹9,99,99,888, while the warrants aggregate to ₹2,24,99,895. Warrants are convertible into equity shares within 18 months from the date of allotment, subject to an upfront payment of 25%.

The following table summarises the key details of the issuance:

Newspaper Publication and Regulatory Compliance

In compliance with Regulation 47 of the SEBI (LODR) Regulations, 2015 and Section 108 of the Companies Act, 2013, read with Rule 20 of the Companies (Management and Administration) Rules, 2014 and the Secretarial Standards on General Meetings issued by the Institute of Company Secretaries of India, the company published the EGM notice in two newspapers on May 13, 2026. The notice appeared in Choutha Sansar (vernacular language, Hindi edition) and Free Press (English edition). The newspaper clipping submission was signed by Company Secretary Hansika Mittal and filed with BSE Limited on the same date.

Remote E-Voting Facility

The company has provided remote e-voting facilities through CDSL. Shareholders holding shares as of the cut-off date, Friday, May 29, 2026, are eligible to vote. The remote e-voting period commences on June 02, 2026, at 09:00 AM and concludes on June 04, 2026, at 05:00 PM. Members who have voted remotely are not entitled to vote at the EGM venue.

Mrs. Shraddha Jain, Practicing Company Secretary, has been appointed as the Scrutinizer for the e-voting process. The Register of Members and share transfer books will remain closed from May 30, 2026, to June 05, 2026. The key e-voting schedule is summarised below: