Roto Pumps , a leading manufacturer of industrial pumps, has reported a decline across key financial metrics for the second quarter of the fiscal year. The company's performance shows a significant downturn compared to the same period last year, reflecting challenging market conditions.

Revenue and Profit Decline

The company's financial results reveal a notable decrease in revenue and profitability:

The revenue for the quarter stood at ₹648.00 million, marking a 23.40% decrease from ₹846.00 million in the corresponding quarter of the previous year. This significant drop in top-line performance indicates a challenging operating environment for the company.

Profitability Under Pressure

Roto Pumps experienced a sharp decline in net profit, which fell to ₹60.00 million from ₹114.00 million year-over-year, representing a 47.40% decrease. This substantial reduction in bottom-line results suggests that the company faced increased cost pressures or operational challenges during the quarter.

EBITDA and Margin Compression

The company's EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) also saw a significant decrease:

• EBITDA declined to ₹117.00 million from ₹194.00 million in the same quarter last year, a 39.70% reduction.
• The EBITDA margin compressed to 18.04% from 22.94%, indicating a decrease of 4.90 percentage points.

This margin compression points to potential challenges in maintaining operational efficiency or managing costs effectively during the quarter.

Management Appointment

In a separate development, Roto Pumps has announced the appointment of Mr. Mahesh Bhupal Kinikar as General Manager - Sales & Service, effective November 12, 2025. Mr. Kinikar brings over 30 years of experience in sales, marketing, business development, and project management in the industrial capital goods sector. His expertise spans industries such as Steel, Cement, Power, and Oil & Gas, which aligns well with Roto Pumps' business focus.

Looking Ahead

While the current quarter's results show a decline across key financial metrics, the appointment of an experienced professional in a key management role may signal the company's efforts to strengthen its sales and service capabilities. Investors and stakeholders will likely be watching closely to see how these changes and market conditions impact Roto Pumps' performance in the coming quarters.

As the industrial pump sector is often considered a barometer for broader industrial activity, Roto Pumps' performance may also provide insights into the overall health of the industrial sector. The company's ability to navigate these challenges and potentially return to growth will be crucial in the near to medium term.

Roto Pumps Limited , a leading manufacturer of pumps and pumping solutions, successfully conducted its 49th Annual General Meeting (AGM) on September 28, 2024. The virtual meeting, held via video conferencing, saw shareholders approving all 12 proposed resolutions with the requisite majority.

Key Highlights of the AGM

• Meeting Details: The AGM took place from 4:30 PM to 5:55 PM, with 54 shareholders participating through video conferencing.
• Shareholder Base: As of the record date (September 21, 2024), Roto Pumps had 39,563 shareholders.
• Dividend Declaration: Shareholders approved a final dividend of ₹1.88 per equity share with a face value of ₹2.00 for the financial year ended March 31, 2024.

Financial Statements and Management Appointments

Shareholders adopted the audited financial statements for the year ended March 31, 2024. Additionally, they approved several key management reappointments:

• Harish Chandra Gupta as Chairman & Managing Director
• Anurag Gupta as Joint Managing Director
• Arvind Veer Gupta as Deputy Managing Director

Corporate Governance Measures

The AGM also saw the approval of three Independent Directors, reinforcing the company's commitment to strong corporate governance. Furthermore, shareholders ratified the remuneration of the Cost Auditor, ensuring compliance with regulatory requirements.

E-Voting Process

CS Shailesh Dayal served as the scrutinizer for the e-voting process, overseeing the fair and transparent conduct of the voting procedures.

Conclusion

The successful completion of Roto Pumps' 49th AGM, with unanimous approval of all resolutions, reflects strong shareholder confidence in the company's management and future prospects. The reappointment of key executives and the approval of financial statements indicate a stable leadership and financial position for the pump manufacturer.

As Roto Pumps moves forward, the approved resolutions, including the dividend declaration, are expected to support the company's growth strategies and shareholder value creation in the coming fiscal year.