Conart Engineers Limited , a construction engineering company, has announced its unaudited financial results for the quarter ended September 30, 2025, showcasing a remarkable improvement in its financial performance.

Key Financial Highlights

The company reported a total income of Rs. 1,664.03 lakh for Q2 FY26, marking a significant increase of 56.7% compared to Rs. 1,061.83 lakh in the same quarter of the previous year.

Profitability Soars

Conart Engineers' net profit for the quarter stood at Rs. 129.19 lakh, representing an impressive 671.3% increase from Rs. 16.75 lakh in Q2 FY25. This substantial growth in profitability reflects the company's improved operational performance.

The Earnings Per Share (EPS) for Q2 FY26 rose to Rs. 2.06, up from Rs. 0.53 in the corresponding quarter of the previous year, showcasing a 288.7% increase.

Executive Compensation Adjustments

The company's board has approved changes to the executive compensation structure:

1. The managerial remuneration for Mr. Jimish Sura, Executive Director, has been increased effective November 1, 2025. The exact figures of the increase were not disclosed.

2. The compensation for Mr. Jitendra Sura, Managing Director, has been reduced from Rs. 2,40,000 to Rs. 1,20,000 (gross with perks), also effective from November 1, 2025.

Balance Sheet Strengthens

As of September 30, 2025, Conart Engineers reported total assets of Rs. 460.17 crore, up from Rs. 418.10 crore as of March 31, 2025. The company's equity position also improved, with total equity rising to Rs. 335.14 crore from Rs. 321.25 crore in the same period.

Cash Flow and Liquidity

The cash flow statement reveals that the company's cash and cash equivalents decreased from Rs. 58.19 crore at the beginning of the period to Rs. 33.16 crore by the end of September 2025.

Conclusion

Conart Engineers has demonstrated significant improvement in its financial performance for Q2 FY26, with notable increases in revenue and profitability. The company's balance sheet has strengthened, although there has been a reduction in cash reserves. The changes in executive compensation reflect ongoing adjustments in the company's management structure.

Conart Engineers Limited , a company specializing in construction engineering, has announced a significant new project in its portfolio. The company has secured a contract worth Rs. 21.67 crores from Styrenix Performance Materials Limited for the construction of a rubber plant facility in Nandesari, Vadodara, Gujarat.

Project Details

Scope of Work

The project involves comprehensive civil and structure work for the entire rubber plant facility. This underscores Conart Engineers' capability to handle large-scale industrial construction projects, particularly in the manufacturing sector.

Company Disclosure

In line with regulatory requirements, Conart Engineers has made several key disclosures:

1. The order is from a domestic company.
2. The promoters of Conart Engineers have no interest in Styrenix Performance Materials Limited.
3. The contract does not fall under related party transactions.

Insider Trading Precautions

As part of its commitment to regulatory compliance, Conart Engineers has implemented a trading window closure for insiders and designated persons. This closure will be in effect for 48 hours following the announcement, in accordance with the Securities and Exchange Board of India (SEBI) regulations on insider trading.

This new contract represents a significant addition to Conart Engineers' project pipeline, potentially contributing to the company's revenue stream over the next two years. It also highlights the ongoing industrial development in Gujarat, particularly in the chemical and rubber manufacturing sectors.