RACL Geartech Declares ₹1.50 Interim Dividend, Approves ₹565 Cr Budget for FY27
RACL Geartech's board approved interim dividend of ₹1.50 per share for FY26 and ambitious ₹565 crore annual budget for FY27 including ₹77.45 crore capex for plant modernization and capacity expansion. The company delivered strong Q3FY26 performance with 22% revenue growth to ₹134 crore and 91% profit growth, while nine-month results showed consistent growth momentum across standalone and consolidated operations.
*this image is generated using AI for illustrative purposes only.
RACL Geartech Limited has announced significant corporate developments following its board meeting held on February 13, 2026, including the declaration of an interim dividend and approval of a substantial annual budget for FY27. The company continues to demonstrate strong financial performance with robust Q3FY26 results showing impressive growth across key metrics.
Board Meeting Outcomes and Corporate Announcements
The board of directors approved several key decisions during their meeting, with the interim dividend being a major highlight for shareholders. The company has declared an interim dividend at the rate of ₹1.50 per equity share for FY26, which will be paid on or before March 14, 2026.
| Corporate Decision: | Details |
|---|---|
| Interim Dividend Rate: | ₹1.50 per share (15%) |
| Face Value: | ₹10 per equity share |
| Payment Date: | On or before March 14, 2026 |
| Record Date: | February 20, 2026 |
Annual Budget and Capital Expenditure Plans
The board has approved an ambitious annual budget of approximately ₹565 crore for FY27, reflecting the company's growth trajectory and expansion plans. The budget includes significant capital expenditure of ₹77.45 crore allocated across multiple strategic initiatives.
| Budget Component: | Amount (₹ Cr) | Purpose |
|---|---|---|
| Annual Budget FY27: | 565.00 | Overall operations (+/- 5%) |
| Total Capex: | 77.45 | Strategic investments |
| Heat Treatment Plant: | 33.88 | Replacement at Gajraula |
| Backward Integration: | 9.17 | Noida Plant sustainability |
| Capacity Expansion: | 34.39 | Gajraula and Noida plants |
Q3FY26 Financial Performance Highlights
The company delivered exceptional financial results for Q3FY26, with standalone revenue reaching ₹130.81 crore compared to ₹109.49 crore in the corresponding quarter of the previous year, representing a strong 19.48% year-over-year growth.
| Financial Metric: | Q3 FY26 (₹ Cr) | Q3 FY25 (₹ Cr) | YoY Growth (%) |
|---|---|---|---|
| Revenue from Operations: | 130.81 | 109.49 | 19.48% |
| Total Income: | 134.01 | 109.75 | 22.10% |
| Profit Before Tax: | 19.65 | 10.24 | 91.89% |
| Net Profit: | 14.66 | 7.67 | 91.13% |
Consolidated Performance and Nine-Month Results
The consolidated results show even stronger performance, with Q3FY26 revenue reaching ₹137.32 crore. For the nine-month period ended December 31, 2025, the company achieved standalone revenue of ₹348.00 crore compared to ₹316.28 crore in the corresponding period of the previous year.
| Nine-Month Performance: | FY26 (₹ Cr) | FY25 (₹ Cr) | YoY Growth (%) |
|---|---|---|---|
| Standalone Revenue: | 348.00 | 316.28 | 10.02% |
| Consolidated Revenue: | 358.28 | 327.78 | 9.31% |
| Standalone Net Profit: | 34.97 | 18.92 | 84.85% |
| Consolidated Net Profit: | 36.60 | 17.24 | 112.35% |
Auditor Appointments and Compliance
The board also approved the re-appointment of key auditors to ensure continued compliance and governance standards. M/s. Jitendra Kumar & Associates has been re-appointed as Transfer Pricing Auditor for a period of 2 years, while M/s. A Sachdev & Co., Chartered Accountants has been re-appointed as Tax Auditors for a period of 3 years, both appointments effective from February 13, 2026, subject to member approval.
The strong financial performance, coupled with the substantial budget allocation and dividend declaration, reflects RACL Geartech's commitment to sustainable growth and shareholder value creation. The company's focus on capacity expansion and modernization through significant capex investments positions it well for future growth in the automotive components sector.
Historical Stock Returns for RACL Geartech
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -1.43% | -7.66% | +37.44% | +53.49% | +87.41% | +62.88% |
19
