SEDEMAC Mechatronics Limited has released its audited financial results for the quarter and financial year ended March 31, 2026. The company reported significant growth across key financial metrics, driven by robust performance in both mobility and industrial segments. Statutory auditors M/s. B S R & Co. LLP have issued an unmodified audit opinion on the results. The company published the financial results in newspapers on May 19, 2026, under Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Additionally, the company has informed the exchanges that the video recording of its earnings conference call held on May 18, 2026, is now available on its website.

FY26 Financial Performance

For the full year FY26, the company achieved revenue from operations of INR 1,058.38 Cr, marking a 61% year-on-year increase compared to INR 658.36 Cr in FY25. Profit After Tax (PAT) surged to INR 103.58 Cr from INR 47.05 Cr in the previous year. EBITDA for the period stood at INR 222 Cr, up 78% YoY, with an EBITDA margin of 21.0%. The Return on Capital Employed (RoCE) for FY26 reached 40%. Earnings per share (basic) for FY26 stood at INR 23.91, compared to INR 10.93 in FY25.

The following table summarises the key annual financial metrics:

Q4 FY26 Results

In the fourth quarter of FY26, revenue from operations grew 60% year-on-year to INR 287.71 Cr from INR 179.92 Cr in Q4 FY25. EBITDA increased to INR 61 Cr from INR 29 Cr in Q4 FY25, with the EBITDA margin expanding to 21.20% from 16.11% in the prior-year period. PAT jumped to INR 32.08 Cr from INR 8.61 Cr in Q4 FY25. Profit before tax for Q4 FY26 stood at INR 41.92 Cr versus INR 12.66 Cr in Q4 FY25.

Segment-Wise Performance

The mobility segment remained the primary revenue driver, contributing INR 910.57 Cr in FY26 compared to INR 564.13 Cr in FY25. The industrial segment contributed INR 147.81 Cr versus INR 94.23 Cr in the prior year. In Q4 FY26, mobility segment revenue stood at INR 258.39 Cr and industrial segment revenue at INR 29.32 Cr. Segment results for mobility reached INR 129.98 Cr for FY26, while industrial segment results were INR 22.96 Cr.

Balance Sheet and Cash Flow Highlights

As at March 31, 2026, total assets stood at INR 813.70 Cr compared to INR 491.16 Cr as at March 31, 2025. Total equity increased to INR 449.20 Cr from INR 303.38 Cr. Net cash generated from operating activities for FY26 was INR 128.02 Cr versus INR 90.91 Cr in FY25, while net cash used in investing activities was INR 148.28 Cr. Net cash generated from financing activities stood at INR 17.65 Cr.

Operational Highlights and Corporate Developments

The company sold over 3.9 million control-intensive Electronic Control Units (ECUs) in FY26, a substantial increase from 2.4 million units in FY25. Management highlighted the widespread adoption of its sensorless Integrated Starter Generator (ISG) technology in the domestic three-wheeler market and meaningful penetration in the electric two-wheeler segment. During the year, the company completed its Initial Public Offering (IPO) of 80,43,300 equity shares at an issue price of INR 1,352 per share, with equity shares listed on NSE and BSE on March 11, 2026. The IPO comprised an offer for sale of 80,43,300 equity shares by selling shareholders aggregating to INR 1,087.45 Cr. The company also allotted 4,35,69,934 fully paid-up bonus equity shares of face value INR 10 each in the ratio of 1,499:1 by capitalising INR 43.57 Cr from securities premium. Additionally, the implementation of New Labour Codes effective November 21, 2025, resulted in an estimated one-time increase in provision for employee benefits of INR 0.81 Cr for gratuity and compensated absences, recognised as an employee benefit expense in the current reporting period.

Management Commentary and Outlook

During the earnings conference call, management noted that FY26 revenue crossed INR 1,000 Cr for the first time with a three-year CAGR of 36%. The company is investing in expanding manufacturing capacity, including a new plant (MF3) expected to commence shipments from Q2 FY27 and another facility (MF4) for electric machines starting Q3 FY27. For FY27, key growth drivers include the introduction of SEDEMAC ISG on three popular motorcycle models from top OEMs, further ramp-up of electric two-wheeler MCUs, and increased adoption of ISG ECUs for export three-wheelers. Management anticipates mild pressure on EBITDA margins due to commodity inflation and semiconductor supply chain tightening. The company also announced a business win in the power tools market with a motor controller using sensorless control technology, where production is expected to start over the next four to five quarters.

SEDEMAC Mechatronics Limited has announced the appointment of M/s. A. J. Paranjape & Co., Cost Accountants, Pune, as its Cost Auditor for the financial year 2026-27. The Board of Directors approved the appointment at their meeting held on May 18, 2026, acting on the recommendation of the Audit Committee. The disclosure was made pursuant to Regulation 30 read with Schedule III, Part A, Para A of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Appointment Details

The key details of the appointment, as disclosed under Regulation 30 of the SEBI Listing Regulations, are summarised below:

Profile of the Appointed Firm

A. J. Paranjape & Co. is a registered proprietary concern of Cost and Management Accountants, established over 28 years ago. The firm is headed by Mr. Amogh Paranjape, an Independent Practicing Cost Accountant. Mr. Paranjape qualified as a Cost Accountant from the Institute of Cost Accountants of India in 1993 and completed Chartered Accountancy (PE) from the Institute of Chartered Accountants of India in 1993. He subsequently worked for nearly six years with reputed multinational organisations including Alfa Laval and Sandvik before establishing the firm.

The firm has consistently delivered professional and value-driven services across the following sectors:

• Corporate
• Government Undertakings
• Banking
• Co-operative
• Non-Corporate

Regulatory Compliance

The intimation was filed in accordance with SEBI Master Circular No. SEBI/HO/49/14/14(7)2025-CFD-POD2//3762/2026 dated January 30, 2026, as amended. The disclosure was signed by Prasad Rajendra Chavan, Company Secretary and Compliance Officer (Membership No.: A49921), on May 18, 2026. The company has also indicated that this intimation will be uploaded to its website at www.sedemac.com .