Majestic Auto Limited announced the outcome of its Board meeting held on February 11, 2026, where directors approved unaudited financial results for the quarter and nine months ended December 31, 2025, along with declaring a substantial special interim dividend for shareholders.

Board Meeting Decisions

The Board of Directors meeting, which commenced at 1:05 PM and concluded at 1:59 PM on February 11, 2026, approved several key decisions under Regulation 30 and 33 of SEBI Listing Regulations. The company's unaudited standalone and consolidated financial results received statutory auditor's limited review and audit committee approval before board ratification.

Financial Performance Overview

The company reported a strong recovery in its standalone financial performance for Q3FY26. Net profit after tax reached ₹499.02 lakhs, marking a remarkable improvement from the loss of ₹645.26 lakhs recorded in Q3FY24. For the nine-month period ended December 31, 2025, standalone net profit surged to ₹11,718.49 lakhs compared to ₹710.12 lakhs in the corresponding period of the previous year.

Consolidated Results

On a consolidated basis, the company demonstrated even stronger performance with net profit after tax of ₹544.87 lakhs in Q3FY26 against a loss of ₹225.05 lakhs in Q3FY24. Consolidated revenue from operations declined to ₹339.78 lakhs from ₹1,723.87 lakhs in the previous year quarter.

Special Interim Dividend Declaration

The Board approved a special interim dividend of 350%, equivalent to ₹35 per equity share of face value ₹10 each, for the financial year 2025-26. This dividend decision follows the profits realized from the sale of the company's investment in its subsidiary. The record date for dividend eligibility is set for February 17, 2026, with payment scheduled on or before March 13, 2026.

Subsidiary Divestment Impact

A significant development during the period was the complete liquidation of the company's investment in Emirates Technologies Private Limited (ETPL). The company sold its entire holding of 1.60 crore equity shares at ₹122.50 per share, totaling ₹196 crore on September 4, 2025. This transaction resulted in ETPL ceasing to be a subsidiary from that date and contributed substantially to the exceptional items of ₹12,280.00 lakhs in standalone results.

Corporate Governance Updates

The company reappointed M/s S. Tandon & Associates, Chartered Accountants (FRN-006388N) as internal auditors for FY2026-27 at an annual remuneration of ₹80,000 plus traveling expenses and applicable taxes. The audit committee reviewed and the Board approved these results at their meeting held on February 11, 2026.

Business Operations

Majestic Auto Limited continues its focus on real estate and management services as a single operating segment. The company maintains an ongoing agreement with Cyrrus Manufacturing LLP for the sale of plots in Greater Noida for a total consideration of ₹128.50 crore, against which it has received advances of ₹115.25 crore as of December 31, 2025, including ₹5.51 crore received in the current quarter.

Majestic Auto Limited , a prominent player in the real estate and management services sector, has announced its unaudited financial results for the quarter and half-year ended September 30, 2023, along with several significant corporate developments.

Financial Performance

The company reported a consolidated revenue from operations of ₹3,123.36 crore for the quarter ended September 30, 2023, compared to ₹1,463.00 crore in the same quarter last year, marking a substantial increase. The total income for the quarter stood at ₹2,782.82 crore, up from ₹2,476.12 crore in the corresponding quarter of the previous year.

Majestic Auto's profit before tax for Q2 2023 surged to ₹12,360.48 crore, a significant jump from ₹1,689.26 crore in Q2 2022. This exceptional increase was primarily due to the sale of its subsidiary, Emirates Technologies Private Limited.

Key Corporate Actions

Appointment of New Company Secretary

The company has appointed Mr. Nishant Sharma as the Company Secretary and Compliance Officer with immediate effect. Mr. Sharma, an Associate Member of the Institute of Company Secretaries of India (ICSI), brings experience in corporate secretarial matters, SEBI, MCA, RBI, and IRDA compliances.

Sale of Subsidiary

In a strategic move, Majestic Auto liquidated its entire investment in Emirates Technologies Private Limited. The company sold 1.60 crore equity shares at ₹122.50 per share, totaling ₹196.00 crore on September 4, 2023. This transaction resulted in Emirates Technologies ceasing to be a subsidiary of Majestic Auto.

Real Estate Transaction

The company received an advance payment of ₹8.00 crore from Cyrrus Manufacturing LLP during the quarter. This payment is part of a larger plot sale agreement worth ₹128.50 crore, involving plots situated at B-6, B-7, and B-9, Ecotech I Extension, Greater Noida.

Change in Registered Office

Majestic Auto has also changed its registered office address. The new address is 3rd Floor, 2A Mahindra Tower, District Centre, Bhikaji Cama Place, New Delhi-110066.

Board Meeting and Results Approval

The company's board of directors met on November 8, 2023, to review and approve these financial results. The meeting commenced at 1:00 PM and concluded at 03:00 PM.

Financial Highlights

These results reflect Majestic Auto's performance and strategic decisions in the real estate and management services sector. The company's move to divest its subsidiary may signal a shift in its operations.