Ranjeet Mechatronics has appointed Ms. Kriya Dipakbhai Shah as its Internal Auditor for the financial year 2026-27 to strengthen corporate governance and compliance. The Board of Directors approved the appointment on July 10, 2026, in accordance with Section 138 of the Companies Act, 2013.

The appointment was made during a board meeting held on Friday, July 10, 2026. Ms. Shah, a Company Secretary and Associate Member of the Institute of Company Secretaries of India (ICSI), brings experience in corporate law, governance, SEBI-related matters, and audit support.

Appointment Details

The disclosure regarding the new appointment was submitted to BSE Limited in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company confirmed there are no specific relationships between directors and the newly appointed auditor that require disclosure.

Profile of the Appointee

Ms. Kriya Shah holds a Bachelor of Commerce (B.Com.) degree and possesses practical exposure to secretarial compliances, financial reporting, and regulatory compliance. Her expertise includes statutory and internal audit support as well as corporate advisory services.

Ranjeet Mechatronics Limited announced its audited standalone financial results for the full year ended March 31, 2026, at a Board of Directors meeting held on May 07, 2026. The results, approved in accordance with Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, reflect a significant expansion in the company's revenue base, even as profitability moderated on account of higher operating costs. Statutory auditors M/s. Abhishek Kumar & Associates (Firm Reg. No.: 130052W) issued an unmodified opinion on the financial results.

Revenue and Profitability Performance

The company recorded a substantial year-on-year increase in revenue from operations, rising to ₹2,914.40 lakhs in FY26 from ₹1,079.02 lakhs in FY25. Total income, including other income of ₹14.40 lakhs (FY25: ₹48.36 lakhs), stood at ₹2,928.80 lakhs compared to ₹1,127.38 lakhs in the previous year. Despite the strong top-line growth, net profit for the year declined to ₹33.17 lakhs from ₹95.01 lakhs in FY25, primarily driven by a sharp rise in total expenses.

The following table summarises the key profit and loss metrics for FY26 and FY25:

Cost Structure and Expense Breakdown

Total expenses for FY26 rose to ₹2,870.97 lakhs from ₹1,002.82 lakhs in FY25, reflecting the higher scale of operations. Cost of materials consumed was the largest component at ₹2,056.96 lakhs (FY25: ₹814.34 lakhs). Employee benefits expenses increased to ₹162.01 lakhs from ₹61.47 lakhs, while other expenses stood at ₹132.92 lakhs (FY25: ₹65.53 lakhs). Finance costs declined to ₹105.42 lakhs from ₹131.57 lakhs, and depreciation and amortisation expenses rose marginally to ₹11.77 lakhs from ₹10.40 lakhs.

Balance Sheet Highlights

As at March 31, 2026, the company's total assets stood at ₹3,635.84 lakhs compared to ₹3,433.61 lakhs as at March 31, 2025. Shareholder funds increased to ₹2,122.62 lakhs from ₹2,102.47 lakhs, with share capital rising to ₹2,000.00 lakhs (FY25: ₹1,000.00 lakhs) following a bonus issue and stock split during the year. Trade receivables expanded significantly to ₹1,321.78 lakhs from ₹695.25 lakhs, while inventories declined to ₹1,386.28 lakhs from ₹1,788.18 lakhs.

Cash Flow and Capital Actions

Net cash from operating activities for FY26 stood at ₹66.79 lakhs, compared to ₹263.73 lakhs in FY25. Net cash from investing activities was ₹7.05 lakhs (FY25: -₹118.67 lakhs), while net cash used in financing activities was -₹84.15 lakhs (FY25: -₹141.96 lakhs). Cash and cash equivalents at the end of the year declined to ₹5.60 lakhs from ₹15.91 lakhs at the beginning of the year.

During the year, the company undertook two significant capital actions. The Board approved the allotment of 1,00,00,000 bonus equity shares of ₹10/- each in a ratio of 1:1 to eligible shareholders, with April 02, 2025 as the record date. Subsequently, each equity share of ₹10/- was split into 2 equity shares of ₹5/- each, with April 21, 2025 as the record date. Following these actions, the subscribed and paid-up equity share capital as on April 22, 2025 stood at ₹2,000 lakhs, divided into 4,00,00,000 equity shares of ₹5/- each. Basic and diluted earnings per share for all periods presented have been adjusted and restated accordingly.

Related Party Transactions

The company disclosed related party transactions carried out in the ordinary course of business for the year ended March 31, 2026. Total salary paid to Key Managerial Personnel (KMP) and relatives of KMP amounted to ₹27.90 lakhs. Loans received from related parties included ₹103.48 lakhs from Devarshibhai Rakeshbhai Swadia (closing balance: ₹92.46 lakhs) and ₹30.91 lakhs from Rakesh Vallabh Swadia (closing balance: ₹17.46 lakhs). Advances of ₹280.00 lakhs were given to and fully received back from Himgiri Engineers during the year. Purchases from Himgiri Engineers totalled ₹3.40 lakhs, reimbursement of expenses to related parties amounted to ₹15.04 lakhs, and rent paid to related parties totalled ₹3.60 lakhs.