Star Delta Transformers reported a 21.74% increase in total revenue to ₹174.34 crore for the financial year ended March 31, 2026 (FY26), compared to ₹143.21 crore in FY25. The company’s profit after tax rose 12.32% to ₹11.94 crore, reflecting resilient performance despite global geopolitical tensions affecting raw material costs.

Financial Performance

Revenue from operations grew 22.00% to ₹173.06 crore, supported by sustained investment in India’s power infrastructure and distribution networks. Profit before tax increased 12.19% to ₹16.04 crore. Earnings per share improved to ₹39.79 from ₹35.42 in the previous year.

Operational Context

The company operated against a challenging backdrop marked by the US-Israel military campaign against Iran and disruptions in the Strait of Hormuz, which drove volatility in crude oil, freight, and commodity prices. These factors impacted input costs for copper and CRGO steel, key materials for transformer manufacturing. Management cited disciplined procurement practices and a focus on the domestic Indian market as critical to absorbing external shocks without compromising delivery commitments or quality.

The unexecuted order book stands at ₹135.67 crore as of the reporting date, providing visibility into future revenue streams. The board has not recommended any dividend for FY26, choosing instead to plough back profits to build reserves and support future growth.

Corporate Governance and AGM

Star Delta Transformers has scheduled its 50th Annual General Meeting for Tuesday, September 29, 2026, at its registered office in Bhopal. Key agenda items include:

• Adoption of audited standalone financial statements for FY26.
• Re-appointment of Mr. Mayank Gupta as Executive Director liable to retire by rotation.
• Ratification of remuneration for cost auditors M/s Sanjay Kasliwal and Associates for FY27, proposed at ₹40,000 per annum plus out-of-pocket expenses.

Remote e-voting will be available from September 26 to September 28, 2026. The register of members and share transfer books will remain closed from September 23 to September 29, 2026.

Star Delta Transformers has fixed September 22, 2026, as the cut-off date for recording member entitlements to vote at its upcoming annual general meeting. The company will hold its 50th AGM on September 29, 2026.

The meeting is scheduled to take place at the company’s registered office in Bhopal. Shareholders must be on record by the specified cut-off date to participate in voting for the businesses to be transacted.

Key Dates and Timelines

The register of members and share transfer books will remain closed from September 23, 2026, through September 29, 2026. This closure period ensures accurate identification of eligible shareholders for the meeting.

E-Voting Schedule

Shareholders opting for remote e-voting can cast their votes during a specific window preceding the physical meeting. The e-voting period begins on Saturday, September 26, 2026, at 9:00 am and concludes on Monday, September 28, 2026, at 5:00 pm.

These arrangements comply with Section 108 of the Companies Act 2013 and Regulation 44 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company intends to dispatch the notice of the AGM and the annual report in due course.