Board approves unaudited standalone and consolidated results for quarter ended June 30, 2026; limited review enclosed

Board meeting of October 12, 2026 (11:00 AM to 03:10 PM, Pithampur) approved the unaudited IndAS standalone and consolidated financial results for the quarter ended June 30, 2026, as reviewed and recommended by the Audit Committee.

Mon 12 Oct 2026

Profit after tax - Year ago change

+32.2%

Period

On 30th June 2026

What the board approved

• Un-audited IndAS Standalone Financial Results and Un-audited IndAS Consolidated Financial Results for the quarter ended June 30, 2026, along with the Limited Review Report, as reviewed and recommended by the Audit Committee.
• A declaration from the CFO that the financial results do not contain any false or misleading statement or figures and do not omit any material fact, enclosed as Annexure-A.
• The meeting was held on Monday, October 12, 2026 at the corporate office at Pithampur, Dhar, Madhya Pradesh, from 11:00 A.M. to 03:10 P.M.

Auditor's review conclusion

• Ashok Khasiwala & Co. LLP, Chartered Accountants, stated that based on its review, nothing has come to its attention that causes it to believe the statements are not true and fair or contain any material misstatement.
• A review is not an audit and gives moderate assurance only; the auditor does not express an audit opinion.
• For two foreign subsidiaries included in the consolidated results, the interim financial information was not reviewed by the auditor and was certified by their respective managements. Those subsidiaries reflect total revenues of Rs.16.51 millions, net profit after tax of Rs.5.24 millions and total comprehensive income of Rs.5.24 millions for the quarter ended 30th June 2026.
• One Indian subsidiary was reviewed; it reflects total revenue of Rs. 320.67 million, net profit after tax of Rs. 66.84 million and total comprehensive income of Rs. 69.13 million.

Standalone results (figures in millions), quarter ended June 30, 2026 vs quarter ended June 30, 2025:

• Revenue from Operations: 85.07 vs 112.01
• Total Income: 98.53 vs 117.90
• Total Expenses: 88.65 vs 110.49
• Profit before tax: 9.88 vs 7.41
• Profit after tax: 6.85 vs 6.28
• Basic and diluted EPS: 0.20 vs 0.18

Consolidated results (figures in millions), quarter ended June 30, 2026 vs quarter ended June 30, 2025:

• Revenue from Operations: 341.14 vs 332.23
• Total Income: 354.07 vs 335.50
• Total Expenses: 258.73 vs 259.49
• Profit before tax: 95.34 vs 76.01
• Profit after tax: 74.89 vs 56.67
• Basic and diluted EPS: 2.15 vs 1.62

On the printed numbers, standalone Revenue from Operations for the quarter is lower than the comparative quarter while standalone Profit after tax is slightly higher; consolidated Revenue from Operations, Total Income and Profit after tax are higher than the comparative quarter.

Other points from the notes

• The company operates in a single reportable segment, manufacturing of Propeller Shafts.
• Following shareholder approval at an extra-ordinary general meeting held on February 9, 2026, the company issued and allotted fully paid up bonus shares at par in the proportion of 1 new equity share of Rs. 10 each for every 1 existing fully paid up equity share of Rs. 10 each held on the record date of February 9, 2026; Earnings Per Share has been adjusted accordingly.
• Subsequent to the quarter, the equity shares were listed on the Main Board of BSE Limited and National Stock Exchange of India Limited with effect from September 30, 2026, pursuant to an Initial Public Offer of 1,12,47,000 equity shares (comprising an offer for sale of 1,350,000 equity shares and a fresh issue of 9,897,000 equity shares) of face value of Rs. 10 each at a price of Rs. 134 per share, aggregating to Rs. 15,070.98 lakhs, including offer for sale amounting to Rs. 1809 lakhs and fresh issue amounting to Rs. 13261.98 lakhs.
• The shares were admitted to dealings on BSE under scrip code 544950 and on NSE under symbol ADROITIND. The quarter ended June 30, 2026 is the first quarterly result after listing, and the comparative numbers for the quarter ended June 30, 2025 and March 31, 2026 were not subjected to limited review.
• The figures for the preceding 3 months ended March 31, 2026 are balancing figures between the audited figures for the full financial year March 31, 2026 and provisional year-to-date figures up to the third quarter of that year.
• The company's results are available on its website and on the BSE and NSE websites.

How to read this

• One set of numbers covers the company alone (standalone); the other covers the company together with its subsidiaries (consolidated). Both are unaudited and were reviewed, not audited.
• The Limited Review Report is the auditor's check of the quarterly numbers; it concluded that nothing came to its attention indicating a material misstatement.

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