Pursuant to the provisions of Regulation 30 and 33 read with Schedule Il and other applicableprovisions of the SEBI (LODR) Regulations, 2015,("SEBI Listing Regulations, 2015") we hereby ....
AEPL · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Artemis Electricals reported a strong Q1 FY26, with standalone revenue from operations rising about 59.5% year-on-year to ₹1,975.47 lakhs from ₹1,238.39 lakhs, and profit after tax nearly tripling to ₹136.63 lakhs from ₹40.33 lakhs; EPS stood at ₹0.05 versus ₹0.02 a year ago. Consolidated numbers were broadly similar, with PAT of ₹131.14 lakhs (vs ₹34.84 lakhs), while subsidiary Artemis Opto Electronic Technologies reported nil revenue and a small loss of ₹5.49 lakhs. The auditor (Agarwal Tibrewal & Co) gave an unmodified limited review but flagged an Emphasis of Matter covering four issues: non-availability of Ind AS 108 operating segment disclosures, a related-party contract with Electroforce (India) Private Limited to set up a Lithium-ion battery plant (adhoc payments shown as capital advances/CWIP, commissioning targeted by March 2026), the fact that manufacturing activity at the factory remains closed or negligible, and reliance on management's certificate for physical inventory verification. The Board also appointed Ms. Sweta Ajit Pawar as Internal Auditor for FY 2025-26.
Headline growth is impressive and may support near-term sentiment, but investors should weigh the auditor's flags — especially the negligible in-house manufacturing, large related-party capital advance tied to an uncommissioned lithium-ion plant, and missing segment disclosures — before drawing conclusions about underlying business quality.