Storage Technologies & Automation Limited has disclosed a share acquisition by its Promoter and Chairman, Hanif Abdul Gaffar Khatri, through open market transactions conducted on December 18-19, 2025. The acquisition involved 16,800 equity shares, representing 0.13% of the company's total paid-up share capital.

Transaction Details

The share acquisition was executed across two trading sessions through open market purchases. The transaction details are as follows:

Shareholding Pattern Changes

The acquisition has resulted in an increase in the promoter's overall shareholding in the company. The following table shows the before and after shareholding position:

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 each. The company's shares are listed on BSE Limited, and the total share capital remained unchanged following this acquisition.

Regulatory Compliance

The disclosure was made in compliance with Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, and Regulation 30 of SEBI Listing Obligations and Disclosure Requirements. Hanif Abdul Gaffar Khatri, holding DIN: 06396115, submitted the required documentation to both BSE Limited and the company's compliance officer on December 19, 2025.

Promoter Information

Hanif Abdul Gaffar Khatri serves as both Promoter and Director of Storage Technologies & Automation Limited. His registered address is Apartment No 3171, 3 Block CASA SERENITA, SOBA CITY, Thanisandra Main Road, Bangalore-560077. The acquisition demonstrates the promoter's continued investment in the company while maintaining transparency through proper regulatory disclosures.

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:

Profitability Challenges

Despite the revenue growth, STAL faced significant profitability challenges:

1. 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%.

2. 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.

3. 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:

1. Revenue Target: The company has set a revenue target of ₹1,200 crore for FY26.
2. Margin Recovery: Management expects margins to improve in the second half of FY26 as revenue scales up and cost overhangs ease.
3. 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.