Audited Result of the Company for the Half Year and Year ended 31st March 2026
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Airfloa Rail Technology Limited reported strong financial performance for FY2026 with revenue from operations growing 66% to Rs 31,960 lakhs from Rs 19,239 lakhs in the previous year. Profit after tax increased 52% to Rs 3,915 lakhs from Rs 2,578 lakhs. EPS improved to Rs 18.67 from Rs 15.78. The company listed on BSE-SME platform via IPO in September 2025, raising Rs 9,110 lakhs through issuance of 65.07 lakh equity shares at Rs 140 each (Rs 10 face value + Rs 130 premium). The Board also approved formation of a new subsidiary for Electro Luminescent Dynamic Display Boards. However, operating cash flow turned sharply negative at Rs -5,745 lakhs (vs Rs -287 lakhs prior year) due to significant increases in trade receivables and working capital needs. EBITDA margin compressed from 18.2% to 16.5%. Auditors issued an unmodified (clean) opinion on both standalone and consolidated results.
Strong revenue and profit growth reflects business expansion, but the sharp negative operating cash flow and rising receivables raise concerns about cash conversion quality. The IPO funds are largely deployed as planned, and clean audit opinion is positive. Shareholders should monitor working capital management closely.