The National Company Law Tribunal (NCLT), Bengaluru Bench, has sanctioned the Scheme of Arrangement for the amalgamation of Tritonvalves Climatech Private Limited with Triton Valves Limited . The order, pronounced on May 29, 2026, under Sections 230, 231 and 232 of the Companies Act, 2013, sets the Appointed Date as April 1, 2025. As Tritonvalves Climatech Private Limited is a wholly-owned subsidiary, no shares will be issued as consideration, and the 10,000 equity shares held by the transferee company shall stand cancelled.

Triton Valves Limited reported a Group Normal Profit Before Tax (PBT) of ₹15.22 crore for FY26, a significant increase from the ₹7.72 crore reported in the previous financial year, according to an investor presentation released on May 29, 2026. The company’s reported PBT for FY26 stood at ₹13.70 crore, which included an exceptional item of approximately ₹1.52 crore related to labour code provisions. This financial update was provided pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Financial Performance

For the full year FY26, the Group reported sales of ₹578.42 crore, compared to ₹488.37 crore in FY25. The Automotive segment contributed ₹322.70 crore to group sales, while the Metals segment contributed ₹240.73 crore. The Climate Controls segment reported sales of ₹14.99 crore. The Group’s adjusted Profit After Tax (PAT) for FY26 was ₹10.80 crore, while the reported PAT was ₹9.71 crore.

Segment and Operational Highlights

In the fourth quarter of FY26, the Group achieved sales of ₹159.33 crore, with the Automotive segment recording ₹86.17 crore and the Metals segment recording ₹68.80 crore. The company successfully reduced losses in the Climate Controls business during the second half of the fiscal year through control over discretionary spends. Operational highlights included the installation of infrastructure for a second casting line in the Metals Business Unit, positioning it for execution from Q1 FY27.

The presentation also addressed the impact of commodity and foreign exchange movements, noting that rising brass costs and currency fluctuations negatively impacted the Automotive Segment’s EBITDA and PBT by ₹1.74 crore in FY26. Management indicated that should these trends reverse, the segment stands to realize cost benefits and improve profitability.

Triton Valves Limited reported a net profit of ₹937.76 lakh for the financial year ended March 31, 2026, compared to ₹659.50 lakh in the previous year. Revenue from operations for the year stood at ₹43,427.05 lakh, up from ₹38,139.65 lakh in FY25. The Board of Directors has recommended a final dividend of ₹2.5 per equity share of ₹10 each for the financial year, subject to shareholder approval. The company also allotted 38,41,581 bonus shares in a 3:1 ratio during the year.

Financial Performance

The standalone financial results for the quarter and year ended March 31, 2026, were reviewed by the Audit Committee and approved by the Board on May 28, 2026. The consolidated net profit for the year was ₹971.46 lakh on revenue of ₹57,841.80 lakh. For the quarter ended March 31, 2026, the standalone net profit was ₹267.49 lakh, while the consolidated net profit was ₹360.13 lakh.

Dividend and Bonus Shares

The Board recommended a final dividend of ₹2.5 per equity share for FY26. New equity shares allotted during the financial year ended March 31, 2026, will be entitled to a pro-rata dividend. Additionally, the company issued 38,41,581 bonus shares in a 3:1 ratio, utilizing ₹384.16 lakh from its securities premium account. Consequently, earnings per share have been retrospectively adjusted.

Operational Details

Triton Valves operates through three reportable segments: Automotive Valves, Climate Control Valves, and Metals. The financial results were prepared in accordance with Indian Accounting Standards (Ind AS) prescribed under Section 133 of the Companies Act, 2013. The company also noted an exceptional item of ₹142.56 lakh related to the impact of new Labour Codes.