Asad Fazlurehman Kagdi, a promoter of Hawa Engineers Limited, has increased his shareholding in the company through a substantial acquisition disclosed under SEBI regulations. The transaction demonstrates continued promoter confidence in the company's prospects.

Share Acquisition Details

The promoter acquired 60,000 equity shares through open market purchase on January 20, 2026. This acquisition increased his total shareholding from 2,07,239 shares to 2,67,239 shares, representing a significant increase in his stake in the company.

Shareholding Pattern Changes

The acquisition resulted in a notable change in Kagdi's shareholding percentage in Hawa Engineers Limited. His stake increased from 5.88% to 7.56% of the company's total share capital.

Company Share Capital Structure

Hawa Engineers Limited maintains a stable equity share capital structure. The company's total equity share capital consists of 35,26,400 equity shares of ₹10 each, which remained unchanged following this transaction.

Regulatory Compliance

The disclosure was made in compliance with Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The acquirer confirmed his status as a promoter of the company and provided all required details regarding the transaction. The acquisition did not involve any encumbered shares, voting rights other than through shares, or convertible securities.

Hawa Engineers Limited delivered impressive financial performance in Q3FY26, demonstrating strong operational efficiency and growth momentum. The industrial valves manufacturer reported significant improvements across key financial metrics for the quarter ended December 31, 2025.

Strong Quarterly Performance

The company's Q3FY26 results showcase remarkable profitability enhancement with net profit reaching ₹69.35 lakhs, a substantial increase of 277% compared to ₹18.38 lakhs in the corresponding quarter of the previous year. This exceptional growth reflects improved operational efficiency and better cost management strategies.

Revenue Growth and Operational Metrics

Revenue from operations increased to ₹3,140.12 lakhs in Q3FY26 from ₹2,595.15 lakhs in Q3FY25, representing a healthy 21% year-over-year growth. However, the company experienced a marginal sequential decline from ₹3,152.71 lakhs in Q2FY26. Total income for the quarter stood at ₹3,151.67 lakhs, including other income of ₹11.55 lakhs.

Cost Structure and Efficiency Improvements

The company demonstrated effective cost management with total expenses of ₹3,066.32 lakhs in Q3FY26 compared to ₹2,535.40 lakhs in Q3FY25. Key expense components showed varied trends:

Nine-Month Performance Overview

For the nine-month period ended December 31, 2025, Hawa Engineers maintained strong performance with total comprehensive income of ₹224.60 lakhs compared to ₹165.34 lakhs in the corresponding previous period. Nine-month revenue from operations reached ₹8,791.91 lakhs, though slightly lower than ₹8,904.03 lakhs in the previous year.

Corporate Governance and Compliance

The Board of Directors approved these unaudited financial results in their meeting held on January 10, 2026, at the company's registered office in Ahmedabad. The results were reviewed and recommended by the Audit Committee and have received an unmodified conclusion from statutory auditors Yusuf C. Mansuri & Co. The company operates in the industrial valves segment as per Ind AS 108 operating segments reporting requirements.

The paid-up equity share capital remained stable at ₹352.64 lakhs with face value of ₹10 per share. Basic and diluted earnings per share improved significantly to ₹1.97 in Q3FY26 from ₹0.52 in Q3FY25, reflecting the strong bottom-line growth achieved during the quarter.