Latest news about Birla Precision Technologies
Birla Precision Technologies
37.87
-0.06(-0.16%)
Company Performance:
View Company Insights1D-0.16%
1M+0.72%
6M+8.05%
1Y+8.05%
5Y+8.05%
More news about Birla Precision Technologies
18Mar 26
Birla Precision Technologies Receives CARE BBB Credit Rating for ₹70 Crore Bank Facilities
CareEdge Ratings assigned CARE BBB; Stable rating to Birla Precision Technologies' ₹70 crore bank facilities on March 17, 2026. The rating reflects the company's established position in the tooling industry and comfortable capital structure, while noting challenges from moderate scale operations and working capital intensity. Total operating income declined to ₹213.95 crore in FY25 from ₹225.92 crore in FY24, with PBILDT margin at 8.73%. The company plans ₹37 crore capex over FY26-FY28 for capacity expansion and new product development.
13Mar 26
Birla Precision Technologies Completes Postal Ballot for Independent Director Appointment
Birla Precision Technologies Limited concluded its postal ballot process on March 13, 2026, with shareholders overwhelmingly approving the appointment of Mr. Deep Kishorbhai Chandan as Non-Executive Independent Director for five years. The scrutinizer's report by AVS & Associates confirmed strong support across categories, with promoters showing 100% approval and public shareholders demonstrating 99.72% approval, reflecting robust corporate governance compliance.
06Feb 26
Birla Precision Technologies Announces Strategic Rebranding and Sector Expansion
Birla Precision Technologies Limited has unveiled a comprehensive rebranding initiative featuring a new brand logo 'Forward, Together' alongside strategic expansion into high-growth sectors including Aerospace, Defence, 3C, and Heavy Engineering. The company announced this transformation through regulatory filing, emphasizing its evolution towards becoming a technology-driven, diversified organization while strengthening its manufacturing capabilities at facilities in Aurangabad, Nashik, and Chalisgaon under the Make in India programme.
23Dec 25
Birla Precision Technologies Confirms Deep Chandan Director Appointment Timeline
Birla Precision Technologies has confirmed the appointment timeline for Mr. Deep Chandan as Additional Non-Executive Independent Director, clarifying that the appointment became effective December 22, 2025, following DIN allotment completion. The company provided updated regulatory disclosures confirming all compliance requirements were met, with the experienced professional bringing valuable M&A and strategic advisory expertise to the board.
13Nov 25
Birla Precision Technologies Reports Strong Q2 Results, Appoints Key Senior Management Personnel
Birla Precision Technologies Limited announced robust financial results for Q2 and H1 FY2026. The company reported a net profit of Rs. 498.58 lakhs in Q2 FY2026, compared to a loss in the previous year. Revenue from operations for H1 FY2026 stood at Rs. 11,915.24 lakhs. The company also made two strategic appointments: Mr. Shelendra Singh as Assistant Vice President – HR & IR and Mr. Niranjan Ravindra Joglekar as Vice President – Export, aiming to strengthen its leadership team.
17Sept 25
Birla Precision Technologies Appoints Ms. Sweta Gupta as Company Secretary & Compliance Officer
Birla Precision Technologies Limited has appointed Ms. Sweta Gupta as the new Company Secretary & Compliance Officer, effective September 17, 2025. Ms. Gupta brings over 17 years of experience in Corporate & Securities Law and Corporate Governance. She is an Associate Member of the Institute of Company Secretaries of India, holds a law degree, and is a postgraduate in Commerce. The Board has also authorized Ms. Gupta and Managing Director Mr. Ravinder Chander Prem to determine the materiality of events and make disclosures to stock exchanges.
02Aug 25
Birla Precision Technologies CFO Pankaj Kumar Steps Down
Pankaj Kumar has resigned as CFO of Birla Precision Technologies, effective August 2, 2025, citing personal reasons. The company's Board approved Q1 FY2026 financial results, showing consolidated revenue of ₹5,962.48 lakhs and profit of ₹287.57 lakhs. The Board also approved shifting the registered office within Mumbai.
02Aug 25
Birla Precision Technologies Reports Strong Q1 Growth and Approves Office Relocation
Birla Precision Technologies Limited announced robust Q1 financial results with significant growth in both standalone and consolidated financials. Standalone revenue increased by 47% to Rs 681.80 crore, while profit surged 721.2% to Rs 2.71 crore. Consolidated revenue grew 27% to Rs 596.25 crore, with profit up 294.1% to Rs 2.68 crore. The company's Tooling segment remained the larger contributor. The Board approved relocating the registered office to Nariman Point, Mumbai.
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