Autoline Industries Extends Payment Deadline for ₹95.17 Cr Stake Sale

1 min read     Updated on 18 Sept 2025, 02:20 PM
scanx
Reviewed by
Radhika SahaniScanX News Team
whatsapptwittershare
Overview

Autoline Industries Limited has extended the payment deadline for its 44.78% stake sale in Autoline Industrial Parks Ltd to October 30, 2025. The ₹95.17 crore deal has already seen ₹84.50 crore received. Additionally, the company has scheduled a virtual investor conference for September 22, 2025, where no Unpublished Price Sensitive Information will be shared.

19731053

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

Autoline Industries Limited has announced an extension of the payment deadline for the sale of its significant stake in Autoline Industrial Parks Ltd. The company has pushed the deadline to October 30, 2025, for the completion of the ₹95.17 crore deal.

Key Details of the Stake Sale

  • Autoline Industries is divesting a 44.78% stake in Autoline Industrial Parks Ltd.
  • The total value of the deal is ₹95.17 crore.
  • The company has already received ₹84.50 crore as part of the transaction.
  • The deadline for the remaining payment has been extended to October 30, 2025.

This extension provides additional time for the completion of the transaction, which could be seen as a strategic move to ensure the deal's successful closure.

Upcoming Investor Interaction

In a separate development, Autoline Industries has scheduled an investor conference for September 22, 2025. The company disclosed this information in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Key points about the upcoming investor meeting:

  • Event: Investor Summit - Institutional & Analyst Interaction
  • Date and Time: September 22, 2025, at 2:00 PM (IST)
  • Mode: Virtual Group Meeting

The company has emphasized that no Unpublished Price Sensitive Information (UPSI) will be shared or discussed during this investor meeting. This approach aligns with regulatory requirements and ensures fair disclosure practices.

Pranvesh Tripathi, Company Secretary & Compliance Officer of Autoline Industries Limited, confirmed these details in the company's official communication to the stock exchanges.

Investors and analysts will likely be keen to understand more about the company's strategic decisions, including the ongoing stake sale in Autoline Industrial Parks Ltd, during the upcoming virtual meeting. However, as per the company's statement, the discussion will primarily focus on general company information without revealing any price-sensitive data.

As Autoline Industries navigates these corporate actions and investor relations activities, stakeholders will be watching closely for any impacts on the company's financial position and future growth strategies.

Historical Stock Returns for Autoline Industries

1 Day5 Days1 Month6 Months1 Year5 Years
+0.77%+3.01%+8.06%+16.01%-44.54%+145.32%
Autoline Industries
View in Depthredirect
like17
dislike

Autoline Industries Reports 146% Jump in Q1 FY26 Net Profit, CEO to Step Down

2 min read     Updated on 13 Aug 2025, 10:18 PM
scanx
Reviewed by
Shriram ShekharScanX News Team
whatsapptwittershare
Overview

Autoline Industries Limited reported a 146% increase in net profit to ₹13.32 crore for Q1 FY26, driven by exceptional items of ₹19.10 crore. Revenue remained stable at ₹151.51 crore. EPS doubled to ₹3.08. EBITDA decreased by 14.9% to ₹13.28 crore. CEO Venugopal Rao Pendyala resigned, effective September 30, 2025. The company acquired a 98-year lease land for ₹11.12 crore. Despite industry challenges, the outlook for H2 remains positive due to expected festive demand and favorable economic factors.

16649305

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

Autoline Industries Limited , a leading auto component manufacturer, has reported a significant increase in net profit for the first quarter of fiscal year 2026, along with announcing a major leadership change.

Financial Performance

The company's net profit surged by 146% to ₹13.32 crore for the quarter ended June 30, 2025, compared to ₹5.42 crore in the same period last year. This substantial growth was primarily driven by exceptional items of ₹19.10 crore, mainly attributed to profit on sale of equity share investment.

Revenue from operations remained relatively stable at ₹151.51 crore, showing a marginal increase from ₹150.75 crore year-on-year. The company's earnings per share (EPS) more than doubled to ₹3.08 from ₹1.39 in the previous year's quarter.

Key Financial Highlights:

Particulars (₹ in crore) Q1 FY26 Q1 FY25 YoY Change
Revenue from Operations 151.51 150.75 +0.50%
Net Profit 13.32 5.42 +146%
Earnings Per Share (₹) 3.08 1.39 +121.58%
EBITDA 13.28 15.61 -14.9%
EBITDA Margin 8.8% 10.4% -160 bps

Despite the significant increase in net profit, the company's EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) decreased by 14.9% to ₹13.28 crore, with the EBITDA margin contracting by 160 basis points to 8.8%.

Leadership Change

In a separate announcement, Autoline Industries revealed that Mr. Venugopal Rao Pendyala, the company's Chief Executive Officer, has tendered his resignation to pursue opportunities outside the organization. Mr. Pendyala will be relieved from his duties effective September 30, 2025, marking the end of his five-year tenure with the company.

The Board of Directors has accepted his resignation and is in the process of finalizing the appointment of a successor, who is expected to assume the position of Chief Executive Officer from November 1, 2025. In the interim, Mr. Shivaji Akhade, the Managing Director, will take on additional responsibilities as CEO alongside his current role.

Strategic Developments

During the quarter, Autoline Industries executed an agreement with Gujarat Industrial Development Corporation for the acquisition of a 98-year lease land valued at ₹11.12 crore. This move is likely aimed at expanding the company's manufacturing capabilities.

The company's paid-up equity share capital increased to ₹45.37 crore from ₹38.96 crore, reflecting recent equity issuances.

Industry Outlook

Autoline Industries noted that while the Indian automotive industry faced a softer first quarter due to postponed Start of Production (SOP) for several new vehicle programs and ongoing supply chain adjustments, the outlook for the second half of the fiscal year remains positive. Factors such as seasonal demand from the festive period, above-normal monsoon forecasts supporting rural incomes, and recent repo rate cuts by the Reserve Bank of India are expected to revive demand, particularly in the Passenger Vehicle and Two-Wheeler segments.

However, the company cautioned about supply-side risks, including China's recent export licensing requirements on rare earth magnets, which continue to impact OEM and Tier-1 production plans.

Auditor's Note

It's worth noting that the auditors issued a qualified review report, citing concerns over a Minimum Alternate Tax (MAT) credit asset of ₹5.97 crore that may not be utilized within the designated period.

As Autoline Industries navigates through a period of leadership transition and strategic investments, the company's ability to maintain its growth trajectory while addressing industry challenges will be closely watched by investors and industry observers alike.

Historical Stock Returns for Autoline Industries

1 Day5 Days1 Month6 Months1 Year5 Years
+0.77%+3.01%+8.06%+16.01%-44.54%+145.32%
Autoline Industries
View in Depthredirect
like15
dislike
More News on Autoline Industries
Explore Other Articles
77.40
+0.59
(+0.77%)