Supertech EV reports revenue of ₹78.19 crore in FY26

1 min read     Updated on 27 May 2026, 10:48 PM
scanx
Reviewed by
Jubin VScanX News Team
AI Summary

Supertech EV Limited reported a revenue of ₹78.19 crore for FY26, a slight increase from the previous year, while net profit declined to ₹3.93 crore. The board approved the audited financial results, confirming the full utilisation of IPO proceeds amounting to ₹29.89 crore without any deviation. The auditors provided an unmodified opinion on the financial statements.

powered bylight_fuzz_icon
40929316

*this image is generated using AI for illustrative purposes only.

Supertech EV Limited reported a revenue of ₹78.19 crore for the financial year ended March 31, 2026, compared to ₹75.09 crore in the previous year. The company's board of directors approved the audited financial results for the half-year and financial year ended March 31, 2026, at a meeting held on May 27, 2026. The statutory auditors, Rajesh Kukreja & Associates, issued an unmodified opinion on the financial results.

Financial Performance

The company recorded a profit after tax (PAT) of ₹3.93 crore for FY26, a decrease from ₹6.17 crore in FY25. For the half-year ended March 31, 2026, the PAT stood at ₹0.12 crore. Earnings per share (EPS) for the full year were ₹3.32, down from ₹3.70 in the previous year. Total income for the year rose to ₹78.19 crore from ₹75.19 crore.

IPO Proceeds Utilisation

Supertech EV successfully completed its Initial Public Offer (IPO) of 32,49,600 equity shares of ₹10 each at a premium of ₹82 per share, aggregating to ₹29.89 crore. The shares were allotted on July 2, 2025. The company confirmed that the entire IPO proceeds have been fully utilised towards the objects of the issue, including working capital requirements and repayment of borrowings. There was no deviation in the utilisation of funds as of March 31, 2026.

Metric FY26 (Audited) FY25 (Audited)
Total Income ₹78.19 crore ₹75.19 crore
Net Profit ₹3.93 crore ₹6.17 crore
EPS (Basic) ₹3.32 ₹3.70

Regulatory Disclosures

The financial results were prepared in accordance with the Accounting Standards prescribed under Section 133 of the Companies Act, 2013, and Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company also submitted a statement on deviation or variation in the utilization of funds, confirming nil deviation. The trading window for designated persons will remain closed until 48 hours after the declaration of the results.

Historical Stock Returns for Supertech Ev

1 Day5 Days1 Month6 Months1 Year5 Years
+2.50%-7.64%-15.88%-46.14%-41.36%-41.36%

What strategic initiatives will Supertech EV implement to reverse the decline in profit margins despite the increase in total income?

How will the company sustain growth now that the IPO proceeds have been fully utilized?

What are the projected capital expenditure plans for FY27 to drive future revenue expansion?

Supertech EV Limited Appoints Sanjay Gupta as Additional Non-Executive Director

1 min read     Updated on 15 Apr 2026, 06:23 PM
scanx
Reviewed by
Radhika SScanX News Team
AI Summary

Supertech EV Limited has appointed Mr. Sanjay Gupta as Additional Director in Non-Executive capacity, effective April 15, 2026. The new director is a qualified CA, CS, and law graduate with over 30 years of experience in automobile and manufacturing industries. He is not related to existing directors and has clean regulatory standing with no debarment by SEBI or other authorities.

powered bylight_fuzz_icon
37803212

*this image is generated using AI for illustrative purposes only.

Supertech EV Limited has announced a key addition to its board with the appointment of Mr. Sanjay Gupta as an Additional Director in the capacity of Non-Executive Director. The appointment was approved by the Board of Directors at their meeting held on April 15, 2026.

Board Appointment Details

The company has disclosed the appointment in compliance with Regulation 30 of the Securities Exchange Board of India (Listing Obligation and Disclosure Requirement) Regulations, 2015. The following table provides comprehensive details about the new director:

Parameter: Details
Name: Mr. Sanjay Gupta
Directors Identification Number (DIN): 02901118
Position: Additional Director (Non-Executive Director)
Date of Appointment: April 15, 2026
Relationship with Existing Directors: Not related to any Director(s) of the Company
Debarment Status: Not debarred by SEBI or any other authority

Professional Background

Mr. Sanjay Gupta brings significant expertise to Supertech EV's board. He is a highly experienced professional with multiple qualifications and extensive industry experience:

  • Qualifications: Chartered Accountant (CA), Company Secretary (CS), and law graduate
  • Experience: Over 30 years in the automobile and manufacturing industries
  • Industry Focus: Automobile and manufacturing sectors

Regulatory Compliance

The appointment has been made in accordance with regulatory requirements under SEBI (LODR) Regulations, 2015. The company has provided all necessary disclosures as mandated by SEBI Circular No. SEBI/HO/CFD/CFDPoD-1/P/CIR/2023/123 dated July 13, 2023.

The appointment reflects the company's commitment to strengthening its board composition with experienced professionals from relevant industry backgrounds. Mr. Gupta's extensive experience in the automobile and manufacturing sectors aligns well with Supertech EV's business operations in the electric vehicle segment.

Historical Stock Returns for Supertech Ev

1 Day5 Days1 Month6 Months1 Year5 Years
+2.50%-7.64%-15.88%-46.14%-41.36%-41.36%

What strategic initiatives might Supertech EV pursue leveraging Mr. Gupta's 30+ years of automobile and manufacturing experience?

Could this board appointment signal Supertech EV's preparation for potential expansion into traditional automotive manufacturing beyond EVs?

How might Mr. Gupta's multi-disciplinary expertise (CA, CS, Law) influence the company's governance and compliance framework going forward?

More News on Supertech Ev

1 Year Returns:-41.36%