DISA India Limited has announced the appointment of Mr. Muralidharan Angadu Mohanakrishnan as Additional Non-Executive Independent Director, marking a significant addition to the company's board leadership. The appointment was approved by the Board of Directors on January 21, 2026, following recommendations from the Nomination and Remuneration Committee.

Appointment Details and Timeline

The board meeting, which commenced at 7:45 PM IST and concluded at 8:00 PM IST on January 21, 2026, formalized Mr. Mohanakrishnan's appointment with the following key parameters:

Professional Background and Experience

Mr. Muralidharan Angadu Mohanakrishnan brings extensive industry expertise to DISA India Limited's board. His professional credentials include over 35 years of global experience in the construction equipment industry, positioning him as a valuable addition to the company's strategic leadership.

His career highlights encompass several senior leadership roles within the Volvo Group ecosystem:

• Managing Director and Head of Productivity Services Asia at Volvo Group Singapore
• Chairman of Country Management at Volvo Group Singapore
• President of Volvo Construction Equipment India
• Head of Commercial, Marketing, and Strategy roles across multiple regions

Leadership Accomplishments

Throughout his career, Mr. Mohanakrishnan has demonstrated significant operational and strategic capabilities. He has successfully led large, multicultural teams and managed multi-country profit and loss responsibilities. His experience includes establishing new business models, developing comprehensive dealer networks, and overseeing manufacturing operations with up to 4,000 employees.

After 27 years with Volvo Construction Equipment, he retired from full-time work in December 2024. Currently, he serves as a consultant with the Indian Foundation for Quality Management, continuing his contribution to the industry.

Regulatory Compliance and Board Independence

DISA India Limited has confirmed that Mr. Mohanakrishnan meets all regulatory requirements for the independent director position. The company has verified that he is not debarred from holding directorial office by SEBI or any other regulatory authority, ensuring compliance with applicable regulations.

Regarding board independence, the company has disclosed that none of the existing directors are inter-se related to Mr. Mohanakrishnan, maintaining the board's independence structure and governance standards.

Strategic Implications

The appointment aligns with DISA India Limited's commitment to strengthening its board composition with experienced industry professionals. Mr. Mohanakrishnan's extensive background in construction equipment, combined with his international experience and operational expertise, is expected to contribute valuable insights to the company's strategic direction and governance processes.

DISA India Ltd , a leading manufacturer of foundry and surface preparation equipment, has released its financial results for the second quarter. The company demonstrated resilience in a challenging market environment, with mixed performance across key financial metrics.

Revenue Growth and Profit Margins

DISA India reported a consolidated revenue of ₹1,040.00 million for the quarter, marking a significant increase of 19.95% compared to ₹867.00 million in the same period last year. This robust top-line growth reflects the company's strong market position and ability to capitalize on demand in the foundry equipment sector.

However, the company's net profit saw a slight decline:

The marginal decrease in net profit despite revenue growth suggests increased operational costs or competitive pricing pressures in the market.

Operational Performance

DISA India's EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) showed a healthy increase to ₹144.00 million, up from ₹121.00 million in the previous year, representing a growth of 19.01%. This improvement in operational performance is noteworthy, especially considering the challenging economic environment.

The EBITDA margin remained relatively stable at 13.92%, compared to 13.90% in the same quarter last year, indicating that the company has managed to maintain its operational efficiency despite the increase in revenue.

Financial Position and Outlook

While the quarterly results show a mixed picture, DISA India's year-to-date performance provides additional context:

The half-yearly figures demonstrate that DISA India has maintained a growth trajectory in both revenue and profitability on a broader timescale.

Conclusion

DISA India's Q2 results reflect a company navigating through a complex market landscape. The substantial revenue growth is a positive indicator of the company's market strength and demand for its products. However, the slight dip in quarterly profits underscores the challenges in maintaining margins amidst rising costs.

As DISA India moves forward, investors and industry observers will be keen to see how the company balances its growth strategies with profitability in the coming quarters. The stable EBITDA margin and overall half-yearly growth suggest that DISA India is well-positioned to capitalize on opportunities in the foundry and surface preparation equipment market, despite short-term fluctuations in quarterly performance.