Promoter Alkesh Rameshchandra Patel has increased his shareholding in Loyal Equipments Limited by acquiring 3,000 equity shares through an open market transaction. The purchase, executed on June 17, 2026, raised his stake in the company to 70.29% of the total paid-up share capital. The disclosure was submitted to BSE Limited under Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

Following the transaction, Patel holds 75,84,339 shares carrying voting rights. The acquisition represents a 0.03% increase in his shareholding relative to the company's total voting capital. The total equity share capital of Loyal Equipments Limited stands at ₹ 10,79,00,000, divided into 1,07,90,000 equity shares of ₹10 each.

The filing details the holdings of the promoter group, including Persons Acting in Concert (PAC). Ms. Hema Maheshkumar Patel holds 50,015 shares (0.46%), while Mrs. Parul Alkeshbhai Patel and Mr. Patel Kalpeshbhai H hold 15 shares each. The aggregate holding of the promoter group post-acquisition is 76,34,384 shares, amounting to 70.75% of the total share capital.

Shareholding Details

Transaction Summary

Loyal Equipments has announced its audited standalone financial results for the quarter and year ended March 31, 2026. The Board of Directors approved the results during a meeting held on May 13, 2026, at the company's registered office in Dahegam, Gujarat. The statutory auditors, M/s. A Y & Company (FRN: 020829C), issued an audit report with an unmodified opinion on the financial results, which were also reviewed and recommended by the Audit Committee prior to board approval. In compliance with Regulation 47 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the company filed an intimation with BSE Limited on May 16, 2026, confirming that the advertisement for the audited financial results was published in the Financial Express in both English and Gujarati editions on May 15, 2026.

Financial Performance Overview

For the full year ended March 31, 2026, Loyal Equipments reported revenue from operations of ₹7897.84 lakh, up from ₹7530.01 lakh in the previous year. Total income for the year rose to ₹7997.31 lakh from ₹7571.58 lakh. However, total expenses increased sharply to ₹7124.03 lakh from ₹6212.80 lakh, driven primarily by higher raw material costs and other expenses. As a result, net profit for the year declined to ₹673.37 lakh from ₹1066.20 lakh in the prior year. Basic and diluted earnings per share for continuing operations stood at ₹6.24, compared to ₹10.21 in the previous year.

The table below summarizes the key financial figures for the year and quarter ended March 31, 2026:

Quarterly Performance

In the quarter ended March 31, 2026, revenue from operations rose to ₹3048.55 lakh from ₹2893.83 lakh in the same quarter of the previous year. Total income for the quarter stood at ₹3089.07 lakh, compared to ₹2903.44 lakh. However, total expenses for the quarter increased to ₹2696.08 lakh from ₹2354.04 lakh, contributing to a decline in quarterly net profit to ₹287.00 lakh from ₹400.62 lakh. Profit before tax for the quarter was ₹392.99 lakh, down from ₹549.40 lakh in the corresponding quarter of the prior year.

Assets, Liabilities, and Cash Flow

As of March 31, 2026, total assets stood at ₹9284.44 lakh, up from ₹7545.37 lakh as of March 31, 2025. The increase was supported by growth in inventories to ₹2840.14 lakh from ₹1704.17 lakh, and a significant rise in capital work-in-progress to ₹1589.97 lakh from ₹272.01 lakh. Total equity increased to ₹5654.95 lakh from ₹5087.49 lakh, with equity share capital remaining unchanged at ₹1079.00 lakh. Short-term borrowings rose to ₹1479.95 lakh from ₹832.80 lakh, while trade payables increased to ₹987.53 lakh from ₹405.97 lakh.

The table below presents the key balance sheet figures:

On the cash flow front, net cash from operating activities was ₹145.87 lakh, compared to ₹312.29 lakh in the prior year. Net cash used in investing activities amounted to ₹1900.77 lakh, largely reflecting fixed asset purchases of ₹1923.00 lakh. Cash and cash equivalents at the end of the period declined significantly to ₹31.57 lakh from ₹1259.69 lakh at the beginning of the period. The company also paid a dividend of ₹107.90 lakh during the year. Loyal Equipments operates in a single segment — manufacturing of industrial equipment — and has no subsidiary, associate, or joint venture companies as of March 31, 2026.