Affordable Robotic & Automation Promoter Milind Padole Divests Equity Stake
Affordable Robotic & Automation Limited (ARAPL) announced that promoter Milind Manohar Padole has sold a portion of his equity shares. The company has been expanding its product portfolio, increasing from two to six automation lines, with plans for further expansion. ARAPL's recent financial performance shows a 7% increase in total revenue to ₹160.60 crore, with a slight increase in PAT to ₹6.07 crore. The company's order book stands at ₹118 crore, split between automation and car parking segments.
*this image is generated using AI for illustrative purposes only.
Affordable Robotic & Automation Limited (ARAPL), a leading player in the robotics and automation industry, has announced a significant change in its shareholding structure. The company disclosed that its promoter, Mr. Milind Manohar Padole, has sold a portion of his equity shares in the firm.
Regulatory Compliance
The disclosure was made in accordance with the Securities and Exchange Board of India (SEBI) Substantial Acquisition of Shares and Takeover Regulations. ARAPL promptly communicated this development to both the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE).
Company Profile
Affordable Robotic & Automation Limited, with its corporate identity number L29299PN2010PLC135298, is headquartered in Village Wadki, Pune, Maharashtra. The company specializes in providing innovative automation solutions across various industries.
Recent Developments
The sale of shares by Mr. Padole comes at a time when ARAPL has been expanding its product portfolio and market presence. According to recent company disclosures:
- ARAPL has diversified its robotic solutions, now offering six different lines of automation, up from two in the past two years.
- The company plans to further expand to 15 lines in the next two years, venturing into heavy engineering, shipbuilding, and aerospace engineering.
- In the car parking segment, ARAPL has increased its product range from three to seven different types of parking solutions in the past two years, with plans to introduce 10 new product lines in the coming two years.
Financial Performance
While specific details of the share sale were not disclosed, it's worth noting ARAPL's recent financial performance:
| Particulars | FY 2025 (₹ Crore) | FY 2024 (₹ Crore) | Change (%) |
|---|---|---|---|
| Total Revenue | 160.60 | 150.10 | 7.00 |
| EBITDA | 12.84 | 14.39 | -10.80 |
| PAT | 6.07 | 5.99 | 1.30 |
The company's automation segment showed a 13% growth, while the car parking segment experienced a 14% decline in the last fiscal year.
Order Book Status
As of August 2025, ARAPL reported a robust order book:
| Segment | Amount (₹ Crore) |
|---|---|
| Automation | 57.00 |
| Car Parking | 61.00 |
| Total | 118.00 |
This strong order book position indicates potential for future growth and may have influenced the timing of the promoter's decision to sell shares.
The market will be closely watching how this change in promoter shareholding might impact ARAPL's strategic direction and future performance in the dynamic robotics and automation sector.
Historical Stock Returns for Affordable Robotic & Automation
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -2.77% | -1.48% | -17.45% | -45.81% | -65.96% | -69.50% |
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