Submission of Outcome of the Board Meeting held on May 11, 2026 pursuant to Regulation 30 of SEBI LODR, 2015
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Aerpace Industries Ltd reported audited results for FY26 (year ended March 2026). Standalone revenue from operations grew 32% to Rs 213.60 lakhs from Rs 161.86 lakhs. However, losses more than doubled - standalone loss after tax widened to Rs 1,200.28 lakhs vs Rs 483.67 lakhs in FY25. Consolidated loss after tax stood at Rs 1,650.30 lakhs vs Rs 739.43 lakhs in FY25. The significant loss expansion was driven by high employee costs (Rs 975.59 lakhs standalone) including Rs 407.55 lakhs in ESOP expenses, and finance costs of Rs 115.45 lakhs. The company is in heavy investment phase with Rs 29.03 crores in Capital Work-in-Progress. Borrowings increased substantially to Rs 2,568.92 lakhs. Statutory auditors issued unmodified opinion. Board also approved management changes including re-designation of Mr. Milan Shah from Managing Director to Non-Executive Director and appointment of new Company Secretary.
The company shows strong revenue growth but massive loss expansion and negative operating cash flows raise going concern risks. Shareholders should monitor the company's ability to fund operations and investments given heavy borrowings and cash burn.