Gujarat Poly Electronics Limited delivered exceptional financial performance in Q3FY26, reporting a remarkable surge in profitability driven by strategic asset transactions and operational improvements. The company's Board of Directors approved both the quarterly results and a significant preference share redemption during their meeting held on January 28, 2026.

Financial Performance Highlights

The company demonstrated outstanding financial results for the quarter and nine-month periods ended December 31, 2025:

Nine-Month Performance

For the nine months ended December 31, 2025, the company maintained strong momentum:

Strategic Asset Transaction

The exceptional performance was primarily driven by a significant real estate transaction during the quarter. The company sold leasehold rights of land along with factory/building at Plot No. B/18, Gandhinagar Electronic Estate, GIDC, Gandhinagar for ₹2,900 lakhs, which was accounted under other income.

Simultaneously, the company acquired leasehold rights of land with factory/building at Plot No. E/188, Gandhinagar Electronic Estate, GIDC, Gandhinagar, measuring 794 square meters for ₹365 lakhs, excluding GIDC transfer fees and stamp duty.

Preference Share Redemption

The Board approved the redemption of unlisted preference shares with the following details:

Following this redemption, the company's preference share capital will become nil, with no outstanding dividends against the unlisted preference shares.

Operational Metrics

The company operates in the manufacturing and trading of electronic capacitors segment, with revenue substantially derived from the domestic market. Total expenses for Q3FY26 were ₹411.69 lakhs compared to ₹375.05 lakhs in Q3FY25, reflecting controlled cost management despite the business activities.

The paid-up equity share capital remained stable at ₹855.00 lakhs with a face value of ₹10 per share. The financial results were reviewed by the Audit Committee and approved by the Board, with statutory auditors G.M. Kapadia & Co. conducting a limited review of the results.

Gujarat Poly Electronics Limited has announced a board meeting scheduled for Wednesday, January 28, 2026, to address key financial matters including quarterly results and preference share redemption. The company has notified the Bombay Stock Exchange about the meeting agenda under SEBI's Listing Obligations and Disclosure Requirements Regulations, 2015.

Q3FY26 Financial Results Review

The board will consider and approve the unaudited financial results for the quarter and nine months ended December 31, 2025. This quarterly review forms part of the company's regular financial reporting obligations to shareholders and regulatory authorities.

Preference Share Redemption Details

A significant agenda item involves the redemption of preference shares held by Polychem Limited. The board will deliberate on redeeming 9,81,500 non-cumulative, redeemable, unlisted preference shares valued at ₹100 each.

The board will also fix the record date for the redemption process. These preference shares are not listed on any stock exchange, as specifically noted by the company.

Trading Window Closure

In compliance with SEBI's Prohibition of Insider Trading Amendment Regulations, 2018, and the company's internal code of conduct, a trading window closure period has been implemented. The closure commenced on January 1, 2026, and will end 48 hours after the results are made public on January 28, 2026.

Corporate Information

Gujarah Poly Electronics Limited operates under CIN L21308GJ1989PLC012743 and maintains its registered office at Jamshedji Tata Road, Churchgate Reclamation, Mumbai. The company trades on the Bombay Stock Exchange under company code 517288. Company Secretary and Compliance Officer Nivedita Nambiar has signed the regulatory filing, ensuring compliance with disclosure requirements.