Storage Technologies Promoter Increases Stake Further with Additional Share Purchase

Storage Technologies & Automation Limited has disclosed another share acquisition by its Promoter and Chairman, Hanif Abdul Gaffar Khatri, through open market transactions conducted on December 23-24, 2025. This latest acquisition involved 16,800 equity shares, representing 0.13% of the company's total paid-up share capital, marking the second such transaction within a week.

Latest Transaction Details

The recent share acquisition was executed across two trading sessions with specific quantities purchased on each date:

Date:	Shares Acquired:	Percentage:	Mode:
December 23, 2025	5,600 shares	0.04%	Open Market
December 24, 2025	11,200 shares	0.09%	Open Market
Total	16,800 shares	0.13%	Open Market

Updated Shareholding Pattern

Following this latest acquisition, the promoter's shareholding has increased further. The updated shareholding position shows:

Shareholding Position:	Number of Shares:	Percentage:
Before Latest Acquisition	46,96,800	36.57%
Shares Acquired	16,800	0.13%
After Latest Acquisition	47,13,600	36.70%

Previous Acquisition Activity

This follows a similar acquisition made earlier in December, where the promoter had acquired 16,800 shares on December 18-19, 2025, which had increased his holding from 36.44% to 36.57%. The consistent acquisition pattern demonstrates the promoter's continued confidence in the company's prospects.

Company Share Capital Structure

Storage Technologies & Automation Limited maintains a total equity share capital of ₹12.84 crores, comprising 1,28,40,000 equity shares of ₹10.00 each. The company's shares are listed on BSE Limited with scrip code 544171, and the total share capital remained unchanged following this acquisition.

Regulatory Compliance and Declaration

The disclosure was made in compliance with Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. Hanif Abdul Gaffar Khatri declared that the acquisition was made without possession of any unpublished price sensitive information (UPSI), as defined under SEBI (Prohibition of Insider Trading) Regulations, 2015. The required documentation was submitted to BSE Limited and the company's compliance officer on December 24, 2025.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
-2.31%	-9.83%	+5.22%	-25.52%	-58.86%	-58.75%

Storage Technologies & Automation Limited (STAL), a company specializing in racking, shelving, and automation solutions, has reported mixed financial results for the first half of fiscal year 2026 (H1FY26). Despite a year-on-year revenue growth, the company faced challenges that led to a net loss.

Revenue Growth Amidst Challenges

STAL reported a 7.9% year-on-year increase in revenue from operations, reaching ₹470.53 crore in H1FY26 compared to ₹436.15 crore in H1FY25. However, on a sequential basis, revenue decreased by 7.4% from ₹508.01 crore in H2FY25. The company attributed this decline to elongated execution timelines for certain projects.

Financial Performance Overview

Here's a breakdown of STAL's key financial metrics for H1FY26:

Metric	H1FY26	H1FY25	YoY Change
Revenue	₹470.53	₹436.15	+7.9%
EBITDA	₹3.25	₹40.36	-91.9%
EBITDA Margin	0.7%	9.3%	-860 bps
Net Profit/(Loss)	(₹15.50)	₹12.45	-224.5%
PAT Margin	-3.3%	2.9%	-620 bps

Profitability Challenges

Despite the revenue growth, STAL faced significant profitability challenges:

EBITDA Decline: EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) fell sharply to ₹3.25 crore, down from ₹40.36 crore in H1FY25. This resulted in an EBITDA margin contraction from 9.3% to 0.7%.
Net Loss: The company reported a net loss of ₹15.50 crore in H1FY26, compared to a profit of ₹12.45 crore in the same period last year.
Margin Pressure: The sharp decline in profitability was attributed to higher on-site manpower costs, increased rentals, and execution-related overheads on delayed projects.

Management Outlook

Despite the current challenges, STAL's management remains optimistic about the future:

Revenue Target: The company has set a revenue target of ₹1,200 crore for FY26.
Margin Recovery: Management expects margins to improve in the second half of FY26 as revenue scales up and cost overhangs ease.
Seasonal Strength: The company anticipates better performance in H2, which is historically a stronger period for the business.

Investor Presentation

In a voluntary disclosure to enhance transparency, STAL has prepared an investor presentation providing an overview of its operational and financial performance. This move demonstrates the company's commitment to keeping its shareholders and stakeholders well-informed.

As STAL navigates through these challenging times, investors and market watchers will be keenly observing how the company executes its strategies to return to profitability and achieve its revenue target for FY26.