Autoriders International Reports Q3 FY26 Results, Approves ₹5 Crore Subsidiary Loan

2 min read     Updated on 13 Feb 2026, 03:45 PM
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Overview

Autoriders International Limited reported strong Q3 FY26 results with net sales of ₹2410.61 lakhs and net profit of ₹235.01 lakhs, showing significant growth compared to the previous year. The company achieved 18.91% growth in net sales and 113.30% increase in net profit for the quarter. For nine months FY26, net sales reached ₹7200.93 lakhs with net profit of ₹652.72 lakhs. The Board approved a ₹5 crore loan facility to wholly owned subsidiary Solareco Energy Private Limited for business operations and funding requirements.

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Autoriders International Limited announced its unaudited financial results for the quarter and nine months ended December 31, 2025, showcasing strong operational performance and strategic expansion initiatives. The Board of Directors approved the results in their meeting held on February 12, 2026.

Financial Performance Highlights

The company demonstrated robust growth across key financial metrics during Q3 FY26. Net sales from operations reached ₹2410.61 lakhs, representing substantial improvement from the corresponding quarter of the previous year.

Financial Metric: Q3 FY26 Q3 FY25 Growth (%)
Net Sales: ₹2410.61 lakhs ₹2027.16 lakhs +18.91%
Total Income: ₹2449.12 lakhs ₹2025.09 lakhs +20.93%
Net Profit After Tax: ₹235.01 lakhs ₹110.16 lakhs +113.30%
Basic & Diluted EPS: ₹6.75 ₹18.99 -

Nine-Month Performance Overview

For the nine months ended December 31, 2025, Autoriders International maintained strong momentum with consolidated performance showing consistent growth trajectory.

Parameter: 9M FY26 9M FY25 Change
Net Sales: ₹7200.93 lakhs ₹6216.22 lakhs +15.84%
Net Profit: ₹652.72 lakhs ₹517.47 lakhs +26.13%
Total Expenses: ₹6496.50 lakhs ₹5565.71 lakhs +16.72%

Strategic Corporate Development

The Board of Directors approved extending financial assistance to Solareco Energy Private Limited, the company's wholly owned subsidiary. This strategic initiative involves providing loan facility up to ₹5,00,00,000 (Rupees Five Crore only) to be disbursed in one or more tranches as required.

Loan Facility Details: Specifications
Borrower: Solareco Energy Private Limited
Loan Amount: Up to ₹5,00,00,000
Purpose: Working capital and capital expenditure requirements
Disbursement: One or more tranches
Current Outstanding: Nil
Security: Nil

Capital Structure Enhancement

During the quarter, the company implemented a significant capital restructuring through bonus share issuance. The paid-up equity share capital increased substantially following the 5:1 bonus share ratio implementation.

Share Capital Details: Current Previous
Paid-up Equity Capital: ₹348.08 lakhs ₹58.01 lakhs
Face Value per Share: ₹10 ₹10
Bonus Ratio: 5:1 -
Public Shareholding: 37.57% 39.67%

Operational Efficiency Metrics

The company's expense management reflected operational efficiency improvements across various cost categories. Employee benefits expense for Q3 FY26 stood at ₹251.57 lakhs compared to ₹239.34 lakhs in the corresponding previous quarter. Car hire charges totaled ₹487.48 lakhs, while service charges reached ₹886.41 lakhs during the quarter.

Depreciation and amortisation expense increased to ₹357.85 lakhs in Q3 FY26 from ₹300.09 lakhs in Q3 FY25, indicating continued asset base expansion. Finance costs rose to ₹80.33 lakhs compared to ₹58.08 lakhs in the previous year's corresponding quarter.

Regulatory Compliance and Governance

The financial results received limited review from Vandana V. Dodhia & Co., Chartered Accountants, confirming compliance with Indian Accounting Standards and SEBI Listing Regulations. The company reported no investor complaints during the quarter ended December 31, 2025, maintaining strong governance standards.

The trading window will remain closed for 48 hours following the results announcement, in accordance with SEBI (Prohibition of Insider Trading) Regulations, 2015.

Historical Stock Returns for Autoriders International

1 Day5 Days1 Month6 Months1 Year5 Years
-2.24%-9.78%-32.50%+131.22%+833.39%+9,101.60%
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Autoriders International Completes Postal Ballot with Unanimous Shareholder Approval

2 min read     Updated on 15 Dec 2025, 09:07 PM
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Overview

Autoriders International Limited completed its postal ballot process on December 15, with shareholders unanimously approving three special resolutions through remote e-voting. The resolutions covered increased borrowing limits under Section 180(1)(c), enhanced asset charge creation limits under Section 180(1)(a), and reappointment of Mr. Chintan Patel as Managing Director and CEO for five years, all receiving 100% approval from participating shareholders.

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Autoriders International Limited has successfully completed its postal ballot process, with shareholders unanimously approving three critical special resolutions through remote e-voting. The company announced the voting results on December 15, following the conclusion of the e-voting period on December 13.

Approved Resolutions

The postal ballot, conducted entirely through electronic means, addressed three key corporate governance matters that received overwhelming shareholder support:

Resolution Type Status
Increase limits under Section 180(1)(a) for asset charge creation Special Resolution Passed with requisite majority
Increase overall borrowing limits under Section 180(1)(c) Special Resolution Passed with requisite majority
Reappointment of Mr. Chintan Patel as Managing Director & CEO Special Resolution Passed with requisite majority

Voting Process and Timeline

The remote e-voting process was conducted by National Securities Depository Limited (NSDL) over a comprehensive period to ensure maximum shareholder participation. The voting commenced on November 14 at 9:00 AM IST and concluded on December 13 at 5:00 PM IST.

KDA Associates, led by scrutinizer Kaushal Dalal (Membership Number: 7141), oversaw the entire voting process. The company had 523 shareholders on the record date of November 7, who were eligible to participate in the postal ballot.

Detailed Voting Results

The voting results demonstrated strong support across shareholder categories with 100.00% approval for all resolutions:

Category Total Shares Held Votes Polled Polling Percentage
Promoter and Promoter Group 362,175 233,775 64.55%
Public-Non Institutions 217,965 423 0.19%
Public Institutions Not specified 0 0.00%
Total 580,140 234,198 40.37%

All three special resolutions received unanimous support from participating shareholders, with zero votes against any of the proposed measures across all categories.

Leadership Continuity and Corporate Governance

The reappointment of Mr. Chintan Patel as Managing Director and Chief Executive Officer for a five-year term ensures leadership continuity for the company. This resolution received unanimous support from all voting shareholders, reflecting confidence in the current management's strategic direction.

Regulatory Compliance and Documentation

The postal ballot process was conducted in full compliance with Section 108 and 110 of the Companies Act, 2013, and Regulation 44 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company published advertisements in Free Press Journal and Navshakti on November 14, informing members about the postal ballot notice dispatch.

The scrutinizer's report dated December 15 was issued by KDA Associates, confirming that all resolutions were deemed passed on December 13. The voting results and scrutinizer's report are available on the company's website at www.autoriders.in , ensuring transparency and accessibility for all stakeholders.

Historical Stock Returns for Autoriders International

1 Day5 Days1 Month6 Months1 Year5 Years
-2.24%-9.78%-32.50%+131.22%+833.39%+9,101.60%
Autoriders International
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