Aplab Limited Announces Leadership Transition and Reports Strong Q1 FY2026 Results
Aplab Limited has announced significant leadership changes, with Mrs. Amrita P. Deodhar stepping down as Managing Director and Mr. Sanjay N. Mehta appointed as the new Managing Director. The company reported robust financial results for Q1 FY2026, with revenue from operations increasing by 55.56% to ₹1,544.70 lakhs and net profit surging by 744.64% to ₹85.14 lakhs compared to Q1 FY2025. However, auditors have expressed concerns about non-payment of various liabilities on time, which the management is addressing through property monetization and cost reduction efforts.
*this image is generated using AI for illustrative purposes only.
Aplab Limited , a leading manufacturer of business continuity and automation solutions, has announced significant leadership changes and reported robust financial results for the first quarter of fiscal year 2026.
Leadership Transition
The company's Board of Directors has approved key changes in its top management, effective September 1, 2025:
- Mrs. Amrita P. Deodhar will step down from her role as Managing Director but will continue to serve as Chairperson and Whole-time Director for the remainder of her term.
- Mr. Sanjay N. Mehta has been appointed as Additional Director and Managing Director for a three-year term, subject to shareholder approval at the forthcoming Annual General Meeting.
Mr. Mehta brings 37 years of industry experience to Aplab Limited. He is the founder of Protolab Electrotechnologies Pvt. Ltd., a Navi Mumbai-based company with manufacturing verticals in Input Devices, Printed Electronics, Automotive Components, Smart Cards, and Smart Packaging.
Q1 FY2026 Financial Highlights
Aplab Limited has reported strong financial performance for the quarter ended June 30, 2025:
| Particulars (₹ in Lakhs) | Q1 FY2026 | Q1 FY2025 | YoY Change |
|---|---|---|---|
| Revenue from Operations | 1,544.70 | 993.00 | 55.56% |
| Total Income | 1,564.18 | 999.02 | 56.57% |
| Profit Before Tax | 113.42 | 10.08 | 1,024.21% |
| Net Profit | 85.14 | 10.08 | 744.64% |
| Total Comprehensive Income | 87.36 | 10.08 | 766.67% |
| Basic EPS (₹) | 0.68 | 0.09 | 655.56% |
The company's revenue from operations saw a significant year-on-year increase of 55.56%, rising from ₹993.00 lakhs in Q1 FY2025 to ₹1,544.70 lakhs in Q1 FY2026. Net profit for the quarter surged to ₹85.14 lakhs, compared to ₹10.08 lakhs in the same quarter of the previous year, marking a substantial 744.64% increase.
Business Overview
Aplab Limited specializes in the manufacture and provision of business continuity and automation solutions. The company's product range includes professional power electronics with associated software control and monitoring systems, as well as business test and process automation software systems.
Auditor's Concerns
It's worth noting that the company's auditors have expressed concerns regarding the non-payment of various liabilities on time. The management has stated that efforts are being made to address this situation by monetizing properties at various locations and reducing operating costs.
As Aplab Limited navigates through this leadership transition and builds on its strong Q1 performance, stakeholders will be keenly watching how the new management addresses the financial challenges while capitalizing on the company's growth momentum.
Historical Stock Returns for Aplab
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +2.00% | -4.55% | -9.63% | +50.83% | +60.43% | +813.74% |
16
