Admach Systems Ltd announced strong financial results for the half year ended September 30, 2025, demonstrating significant growth across key performance metrics. The Pune-based company, which specializes in machine designing and building services, reported substantial improvements in both revenue and profitability during the period.

Financial Performance Overview

The company's operational performance showed marked improvement during the six-month period. Revenue from operations reached ₹2,845.01 lakhs, representing a notable increase from ₹2,149.50 lakhs recorded in the corresponding period of the previous year. Total income, including other income of ₹6.70 lakhs, stood at ₹2,851.71 lakhs for the period.

Profitability and Cost Management

Admach Systems demonstrated effective cost management while scaling operations. The company's profit before tax increased to ₹598.18 lakhs from ₹298.63 lakhs in the previous year period. Total expenses for the half year were ₹2,253.53 lakhs, with cost of materials consumed being the largest component at ₹1,690.67 lakhs.

The company's expense structure included employee benefits expense of ₹165.62 lakhs, finance costs of ₹36.00 lakhs, and depreciation and amortization expenses of ₹39.78 lakhs. Other expenses accounted for ₹104.17 lakhs during the period.

Balance Sheet Position

As of September 30, 2025, Admach Systems maintained a healthy balance sheet with total assets of ₹5,064.90 lakhs compared to ₹5,589.65 lakhs as of March 31, 2025. The company's shareholders' funds increased to ₹2,654.39 lakhs from ₹2,206.81 lakhs, reflecting the retained earnings growth.

Cash Flow and Working Capital

The company generated positive cash flow from operating activities of ₹354.06 lakhs during the half year. Trade receivables decreased to ₹1,297.35 lakhs from ₹1,837.44 lakhs as of March 31, 2025, indicating improved collection efficiency. Cash and cash equivalents stood at ₹25.24 lakhs as of September 30, 2025.

Business Operations and IPO Development

Admach Systems operates in the specialized sector of machine designing and building services, including automation, assembly machines, packaging machines, product design, and robotic material handling systems. The company treats all its products and services as falling under a single reportable segment.

Subsequent to the reporting period, the company completed its Initial Public Offering of 1,782,600 equity shares with a face value of ₹10.00 each at an issue price of ₹239.00 per share. The IPO comprised entirely of a fresh issue, and the company's shares were listed on the BSE SME Platform on December 31, 2025.

Regulatory Compliance

The Board of Directors approved these unaudited financial results in their meeting held on January 19, 2026. The statutory auditors, Doshi Doshi & Co, Chartered Accountants, conducted a limited review of the financial results and issued an unmodified opinion without any qualifications. The results comply with Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

ADMACH Systems Ltd has secured a significant order worth ₹18.11 crores from Jailaxmi Alloy Steels Pvt. Ltd., marking a substantial business development for the engineering solutions provider. The comprehensive contract encompasses multiple phases of project execution, from initial design to final commissioning.

Order Details and Scope

The contract covers an extensive range of services and equipment delivery for Jailaxmi Alloy Steels' operations:

Project Components

The order encompasses a comprehensive suite of services that demonstrate ADMACH Systems' capabilities across the entire project lifecycle:

• Design and Engineering: Complete technical planning and system architecture
• Manufacturing: Production of finishing line equipment and ultrasonic testing machines
• Installation and Integration: On-site setup and system integration services
• Commissioning: Final testing and operational handover
• Supervision: Ongoing project oversight throughout execution

Timeline and Execution

With a deadline set for July 15, 2026, ADMACH Systems has approximately two years to complete the project execution. This timeline provides adequate scope for thorough planning, manufacturing, and installation phases while ensuring quality delivery of the sophisticated industrial equipment.

The order represents a significant addition to ADMACH Systems' order book and demonstrates the company's expertise in providing integrated solutions for the steel industry. The comprehensive nature of the contract, covering everything from initial design to final supervision, showcases the company's end-to-end capabilities in industrial automation and testing equipment.