Emmforce Autotech Limited , a leading manufacturer of drivetrain components and agricultural equipment, has reported robust financial results for the first half of fiscal year 2026 (H1FY26). The company's performance showcases significant growth across key financial metrics and operational achievements.

Financial Highlights

Emmforce Autotech's standalone turnover witnessed a substantial increase of 33.33% in H1FY26 compared to the same period last year. This growth was accompanied by a 46.24% rise in EBITDA, reflecting the company's improved operational efficiency.

The company's Profit After Tax (PAT) saw a notable increase of 49.88%, driven by enhanced capacity utilization and growing customer confidence in its products.

Key Financial Metrics

Operational Achievements

Emmforce Autotech has made significant strides in expanding its business and improving its operational capabilities:

1. New Business Acquisitions: The company secured new business worth ₹10 crores annually from US customers, demonstrating its growing international presence.

2. Long-term Supply Order: A USA-based OEM awarded Emmforce a long-term supply order for drivetrain components, valued at approximately ₹10.50 crores per annum.

3. Capacity Expansion: Fixed assets increased by 45.35%, primarily due to investments in new facilities to meet growing demand.

4. Product Diversification: The company has commenced production of agricultural equipment and rotavator blades, with TAFE rotavator parts in full production since July 2025.

5. Infrastructure Development: Emmforce completed the construction of a 30,000 sq. ft. plant dedicated to sub-assemblies and warehousing to support new projects.

Consolidated Performance

On a consolidated basis, Emmforce Autotech reported mixed results:

• Total income rose by 43.78%, indicating strong overall growth.
• Consolidated PAT declined by 16.64%, primarily due to higher depreciation from new asset capitalization in the subsidiary.
• The subsidiary's cash loss reduced significantly by 62.70%, showing improved operational performance.

Cash Flow and Working Capital Management

The company demonstrated improved cash flow management:

• Net cash from operating activities improved to ₹10.74 crore in H1FY26 from ₹(8.98) crore in H1FY25.
• Cash generated from operations rose to ₹15.46 crore compared to ₹(6.53) crore in the previous year, driven by higher profitability and tighter working capital control.

Future Outlook

Emmforce Autotech is poised for continued growth, with a focus on:

1. Expanding its drivetrain parts business, expecting major growth in FY26 and FY27 due to new business inflows.
2. Ramping up production of agricultural equipment, with an active pursuit of opportunities with various Indian OEMs.
3. Expanding its distribution network across India for agricultural products.
4. Introducing new product ranges, including inter-row weeders, laser levelers, potato planters, and diggers.

The company's management remains committed to operational excellence, cost optimization, and enhancing margins through value-added products and improved capacity utilization.

Emmforce Autotech's strong H1FY26 performance, coupled with its strategic initiatives and expansion plans, positions the company for sustained growth in both its drivetrain components and agricultural equipment segments.

Emmforce Autotech Limited , a player in the auto parts manufacturing sector, has released its unaudited financial results for the half-year ended September 30, 2025. The company, which was incorporated on October 13, 2023, and listed on BSE SME on April 30, 2024, showcased a mixed performance in its latest financial report.

Financial Highlights

Standalone Performance

On a standalone basis, Emmforce Autotech reported a slight decline in revenue from operations, which stood at Rs. 4,946.73 lakhs compared to Rs. 5,090.89 lakhs in the previous period. However, the company managed to improve its net profit marginally to Rs. 643.47 lakhs from Rs. 631.44 lakhs. The basic earnings per share (EPS) also saw a slight increase to Rs. 3.14 from Rs. 3.08 in the previous period.

Consolidated Results

The consolidated financial results paint a different picture. While the revenue from operations increased to Rs. 5,387.35 lakhs from Rs. 5,248.63 lakhs, the consolidated net profit saw a decline to Rs. 405.42 lakhs compared to Rs. 468.14 lakhs in the previous period.

Liquidity Position

A notable point in the financial results is the significant decrease in cash and cash equivalents. The company reported a substantial reduction to Rs. 27.54 lakhs from Rs. 919.69 lakhs, which may raise questions about the company's liquidity management and cash flow strategies.

Corporate Governance

The Board of Directors of Emmforce Autotech Limited approved these financial results in their meeting held on November 10, 2025. The board meeting commenced at 12:30 PM and concluded at 1:55 PM, demonstrating the company's commitment to timely disclosure and regulatory compliance.

Conclusion

Emmforce Autotech's latest financial results present a mixed picture. While the company has shown resilience in its standalone operations with a slight improvement in net profit and EPS, the consolidated results and the significant reduction in cash reserves might be areas of concern for investors. As a relatively new entrant in the public market, having been listed for just over a year, the company's performance in the coming quarters will be crucial in establishing its financial trajectory and market position in the competitive auto parts manufacturing sector.