Presstonic FY26 Net Profit Rises to ₹259.74 Lakh

1 min read     Updated on 20 May 2026, 10:46 AM
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Suketu GScanX News Team
AI Summary

Presstonic Engineering Limited announced its audited financial results for the year and half-year ended March 31, 2026, reporting a net profit of ₹259.74 lakh for FY26, up from ₹86.40 lakh in the previous year. Revenue from operations increased to ₹4,050.26 lakh from ₹2,103.74 lakh, while total income stood at ₹4,080.31 lakh. The Board of Directors approved the results and re-appointed Mr. Herga Poornachandra Kedilaya as Managing Director, Mr. Yermal Giridhar Rao as Joint Managing Director, and Mr. Nagendra Dattathreya Rao as Chairman. Additionally, the company utilised ₹2,572.58 lakh of the ₹2,636.76 lakh raised through its rights issue for prepayment of borrowings, working capital, and general corporate expenses.

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Presstonic Engineering Limited has announced its audited financial results for the year and half-year ended March 31, 2026. The company reported a significant rise in profitability, with a net profit of ₹259.74 lakh for the financial year 2025-26, up from ₹86.40 lakh in the previous year. Revenue from operations for the full year increased to ₹4,050.26 lakh from ₹2,103.74 lakh in the prior year.

Financial Performance

The total income for the year ended March 31, 2026, stood at ₹4,080.31 lakh, compared to ₹2,144.07 lakh in the previous year. For the half-year ended March 31, 2026, the company reported a net profit of ₹226.77 lakh on a total income of ₹2,046.10 lakh. The basic and diluted earnings per share (EPS) for the year were recorded at ₹3.17, compared to ₹1.12 in the previous year.

The Board of Directors, in its meeting held on May 19, 2026, approved the audited financial results along with the audit report. The statutory auditors, M/s GRSM & Associates, issued an unmodified opinion on the audited financial results.

Key Financial Metrics

The following table summarizes the standalone financial performance for the year and half-year ended March 31, 2026:

Particulars Year Ended 31-03-2026 (₹ in lakhs) Year Ended 31-03-2025 (₹ in lakhs) Half Year Ended 31-03-2026 (₹ in lakhs)
Revenue from Operations 4,050.26 2,103.74 2,033.39
Total Income 4,080.31 2,144.07 2,046.10
Total Expenses 3,763.67 2,055.20 1,773.52
Profit for the Period 259.74 86.40 226.77

Board Appointments

During the meeting, the Board approved the re-appointment of Mr. Herga Poornachandra Kedilaya as Managing Director and Mr. Yermal Giridhar Rao as Joint Managing Director. Additionally, Mr. Nagendra Dattathreya Rao was re-appointed as the Chairman of the Board.

Rights Issue Utilisation

The company had successfully concluded a rights issue in March 2026, raising proceeds of ₹2,636.76 lakh. As of March 31, 2026, the company utilised ₹2,572.58 lakh of the proceeds. The funds were primarily allocated towards prepayment of borrowings, working capital requirements, and general corporate expenses.

Historical Stock Returns for Presstonic Engineering

1 Day5 Days1 Month6 Months1 Year5 Years
-5.00%-5.74%-8.84%-51.22%-66.99%-75.44%

With revenue nearly doubling in FY2026, what specific sectors or product lines are driving Presstonic Engineering's growth, and can this trajectory be sustained into FY2027?

Following the prepayment of borrowings using rights issue proceeds, how will the improved debt profile impact Presstonic Engineering's cost of capital and future financing capacity?

Will the re-appointed leadership team under Managing Director Kedilaya outline a formal capital allocation strategy or dividend policy given the significant jump in profitability?

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Presstonic Engineering Secures ₹1.15 Billion Mumbai Metro Project Contract

0 min read     Updated on 06 Feb 2026, 02:16 PM
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Reviewed by
Ashish TScanX News Team
AI Summary

Presstonic Engineering has won a ₹1.15 billion contract for the Mumbai Metro project, representing a major business milestone for the SME company. With a market capitalization of ₹70 crore, this substantial contract demonstrates the company's capabilities in securing large-scale infrastructure projects and positions it as a participant in India's expanding urban transportation network.

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Presstonic Engineering has secured a major contract for the Mumbai Metro project, marking a significant milestone in the company's growth trajectory. The contract, valued at ₹1.15 billion, represents a substantial order win for the engineering firm.

Contract Details

The Mumbai Metro project contract demonstrates Presstonic Engineering's capability to secure large-scale infrastructure projects in India's expanding urban transportation sector.

Parameter: Details
Contract Value: ₹1.15 billion
Project Type: Mumbai Metro
Company Market Cap: ₹70 crore
Company Category: SME

Company Profile

Presstonic Engineering operates as a Small and Medium Enterprise (SME) with a current market capitalization of ₹70 crore. The significant contract value of ₹1.15 billion represents a major business opportunity relative to the company's size, highlighting the substantial nature of this project win.

Infrastructure Sector Impact

The contract award positions Presstonic Engineering as a participant in Mumbai's metro rail expansion, which forms part of India's broader urban infrastructure development initiatives. This project win demonstrates the company's technical capabilities and competitive positioning in the engineering sector.

Historical Stock Returns for Presstonic Engineering

1 Day5 Days1 Month6 Months1 Year5 Years
-5.00%-5.74%-8.84%-51.22%-66.99%-75.44%
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1 Year Returns:-66.99%