Ace Men Engg Works539661Quarterly results
Board approves September-quarter results; auditors' review conclusion unmodified
Board meeting on 14 November 2026 approved the unaudited consolidated and standalone financial results for the quarter and half year ended 30 September 2026.
By ScoutQuest · · 2 min read
987.18 lakhConsolidated revenue from operations, half year
Subsidiary total revenue, toRs. 970.81 lakhs
Standalone revenue from operations, September quarter16.37 lakh
- Consolidated revenue from operations
- Rs. 587.81 lakh in the quarter and Rs. 987.18 lakh for the half year
- Consolidated profit for the period
- Rs. 20.63 lakh for the quarter and Rs. 41.68 lakh for the half year
- Standalone revenue / profit
- Revenue Rs. 16.37 lakh in the quarter; profit/(loss) Rs. (0.01) lakh
Board meeting outcome
- The Board met on 14 November 2026 (commenced 05:45 P.M., concluded 11:45 P.M.) and approved the unaudited consolidated and standalone financial results for the quarter and half year ended 30 September 2026.
- Auditors Kakaria and Associates LLP stated that nothing came to their attention that caused them to believe the statements contained a material misstatement or had not disclosed what is required. The company described this as an unmodified opinion.
Numbers that matter (consolidated, amounts in Rs. lakh)
- Revenue from operations: 587.81 in the September 2026 quarter, compared with 399.37 in the June 2026 quarter; 987.18 for the half year.
- Total income: 587.81 for the quarter and 992.58 for the half year.
- Total expenses: 562.90 for the quarter and 939.34 for the half year.
- Profit for the period: 20.63 for the quarter and 41.68 for the half year; basic and diluted earnings per share Rs. 0.16 and Rs. 0.32.
- Year ended 31 March 2026 (audited): revenue from operations 1,087.33, profit for the period 16.40, earnings per share Rs. 0.25.
Standalone picture
- Revenue from operations: 16.37 in the quarter and 16.37 for the half year; total income 17.92 for the half year, which includes other income of 1.55.
- Profit/(loss) for the period: (0.01) in the quarter and 0.72 for the half year.
- The consolidated statement is larger than the standalone one because it also includes the subsidiary.
Subsidiary in the consolidation
- The consolidated results include Manibhadra Industries Private Limited, a wholly owned subsidiary. Its total revenue was Rs. 970.81 lakhs and total net profit Rs. 40.95 lakhs for 1 April 2026 to 30 September 2026, before consolidation adjustments, based on financial information not reviewed by its auditor.
- The company acquired 9,81,600 equity shares, representing 100% of that company's equity share capital, on 25 November 2025.
Balance sheet and cash (consolidated, Rs. lakh)
- Total assets 8,323.10; total equity 6,725.05; goodwill 5,483.52 stands on the books.
- Current borrowings 983.73 and cash and cash equivalents 13.89 as at 30 September 2026.
- Net cash from operating activities 309.07, investing (2.01) and financing (298.99), giving a net increase in cash of 8.08.
What a retail investor can take away
- At the consolidated level the company reported a profit for both the quarter and the half year, and September-quarter revenue from operations was higher than in the June quarter.
- The listed entity on its own earned a small profit for the half year and posted a marginal loss in the quarter.
- Segment disclosure: the company reported a single business segment, Aviation, and operates only in India.
Also from Ace Men Engg Works
Board meeting on November 14, 2026 to consider Q2 and half-year results
9 Nov 2026
More numbers
- Consolidated revenue from operations, September 2026 quarter587.81 lakh
- Consolidated profit for the period, September 2026 quarter20.63 lakh
- Consolidated revenue from operations, half year987.18 lakh
- Consolidated profit for the period, half year41.68 lakh
- Standalone revenue from operations, September 2026 quarter16.37 lakh
- Standalone profit/(loss) for the period, September 2026 quarter(0.01) lakh
- Subsidiary total revenue, 1 April 2026 to 30 September 2026Rs. 970.81 lakhs
- Subsidiary total net profit, 1 April 2026 to 30 September 2026Rs. 40.95 lakhs
Source: BSE · 15 Nov 2026
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